Igarashi Motors IndiaNSE:IGARASHI +2.27%78 Days Payable is 99.50 as of Mar. 2026, which is 10% above its 10-year median of 90.77. GuruFocus rates NSE:IGARASHI with a GF Score™ of 78/100 and a GF Value™ of ₹641.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Igarashi Motors India ranks better than 63.33% on this metric.
The historical rank and industry rank for Igarashi Motors India's Days Payable or its related term are showing as below:
NSE:IGARASHI'
s Days Payable Range Over the Past 10 Years
Min: 83.08 Med: 90.77 Max: 120.66
Current: 87.93
During the past 13 years, Igarashi Motors India's highest Days Payable was 120.66. The lowest was 83.08. And the median was 90.77.
NSE:IGARASHI's Days Payable is ranked better than 63.33% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 67.02
vs NSE:IGARASHI: 87.93
Igarashi Motors India Days Payable Historical Data
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The historical data trend for Igarashi Motors India's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:IGARASHI vs ORLY, AZO: Days Payable Comparison
For the Auto Parts subindustry, Igarashi Motors India's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Igarashi Motors India Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Igarashi Motors India's Days Payable distribution charts can be found below:
* The bar in red indicates where Igarashi Motors India's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Igarashi Motors India's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Igarashi Motors India (NSE:IGARASHI) has a Days Payable of 99.50 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Igarashi Motors India and its competitors. This is 10% above median its historical median of 90.77. Over the past decade, Igarashi Motors India's Days Payable has ranged from 83.08 to 120.66. According to the industry distribution chart, Igarashi Motors India ranks #480 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 36.7%.
Is Igarashi Motors India's Days Payable too high?
Igarashi Motors India's current Days Payable of 99.50 is 10% above median its 10-year median of 90.77. Over the past 10 years, this metric has ranged from a low of 83.08 to a high of 120.66. The Vehicles & Parts industry median Days Payable is 67.02. Igarashi Motors India's value of 99.50 is 48.5% above this industry median. Based on the distribution chart, Igarashi Motors India ranks #480 out of 1309 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Igarashi Motors India has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Igarashi Motors India's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Igarashi Motors India ranks #480 out of 1309 companies for Days Payable. This puts Igarashi Motors India in the upper half of its industry. The industry median Days Payable is 67.02. Igarashi Motors India's value of 99.50 is 48.5% above this benchmark. Historically, Igarashi Motors India's own Days Payable has ranged from 83.08 to 120.66 over the past decade. While the company's 10-year median is 90.77 vs. the industry median of 67.02, Igarashi Motors India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,309 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Igarashi Motors India's current Days Payable of 99.50 is 48.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Igarashi Motors India and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Igarashi Motors India's current Days Payable is 99.50, which is 10% above median its own 10-year median of 90.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igarashi Motors India stock overvalued right now?
Based on GuruFocus' analysis, Igarashi Motors India (NSE:IGARASHI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹641.59, compared to a current price of ₹493.75 — trading 23% below its estimated fair value. The current Days Payable is 99.50, which is 10% above median its 10-year median of 90.77 and 48.5% above the Vehicles & Parts industry median of 67.02. Igarashi Motors India's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Igarashi Motors India (NSE:IGARASHI), the current Days Payable is 99.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Igarashi Motors India (NSE:IGARASHI) Overvalued in 2026?
Based on GuruFocus' analysis, Igarashi Motors India stock appears to be undervalued.
The current stock price of ₹493.75 is trading 23% below its estimated GF Value™ of ₹641.59.
GuruFocus considers Igarashi Motors India to be Modestly Undervalued.
Key valuation signals for NSE:IGARASHI:
Days Payable: 99.50 (10% above median its 10-year median of 90.77)
GF Value™: ₹641.59 vs. price of ₹493.75 (23% below fair value)
Industry Position: 48.5% above the Vehicles & Parts median (#480 of 1309)
No single metric tells the full story. See the NSE:IGARASHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Igarashi Motors India Ltd produces micro motors and their accessories mainly for the automotive sector. It is engaged in designing and manufacturing small, permanent magnet DC motors. It has operations in India, Korea, the USA, Europe, and China, and the rest of the world. The company drives the majority of its sales in India.
78GF Score
Get the complete analysis for NSE:IGARASHI
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