International Gemological Institute (NSE:IGIL) Days Payable: 509.87 (As of Mar. 2026) — 75% Above Median


NSE:IGIL International Gemological Institute Ltd NSE:IGIL
21 GF Score
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What is International Gemological Institute Days Payable?

International Gemological Institute NSE:IGIL +0.84% 21 Days Payable is 509.87 as of Mar. 2026, which is 75% above its 10-year median of 291.55. GuruFocus rates NSE:IGIL with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,064 Metals & Mining companies, International Gemological Institute ranks better than 62.41% on this metric.

International Gemological Institute's average Accounts Payable for the three months ended in Mar. 2026 was ₹912 Mil. International Gemological Institute's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹163 Mil. Hence, International Gemological Institute's Days Payable for the three months ended in Mar. 2026 was 509.87.

The historical rank and industry rank for International Gemological Institute's Days Payable or its related term are showing as below:

NSE:IGIL' s Days Payable Range Over the Past 10 Years
Min: 99.88   Med: 291.55   Max: 480.88
Current: 480.88

During the past 4 years, International Gemological Institute's highest Days Payable was 480.88. The lowest was 99.88. And the median was 291.55.

NSE:IGIL's Days Payable is ranked better than
62.41% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs NSE:IGIL: 480.88

International Gemological Institute's Days Payable declined from Mar. 2025 (514.70) to Mar. 2026 (509.87). It may suggest that International Gemological Institute accelerated paying its suppliers.


International Gemological Institute Days Payable Related Terms


International Gemological Institute Days Payable Historical Data

* Premium members only.

The historical data trend for International Gemological Institute'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.

International Gemological Institute Days Payable Chart

International Gemological Institute Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Days Payable
372.82 266.15 99.88 316.95

International Gemological Institute Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 514.70 433.52 291.38 794.53 509.87

NSE:IGIL vs HL: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, International Gemological Institute'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.


International Gemological Institute Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, International Gemological Institute's Days Payable distribution charts can be found below:

* The bar in red indicates where International Gemological Institute's Days Payable falls into.


NSE:IGIL
21GF Score
International Gemological Institute Ltd NSE:IGIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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International Gemological Institute Days Payable Calculation

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.

International Gemological Institute's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (194.75 + 590.51) / 2 ) / 452.16*365
=392.63 / 452.16*365
=316.95

International Gemological Institute's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (911.56 + 0) / 1 ) / 163.14*365 / 4
=911.56 / 163.14*365 / 4
=509.87

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 509.87 mean?
International Gemological Institute (NSE:IGIL) has a Days Payable of 509.87 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 International Gemological Institute and its competitors. This is 75% above median its historical median of 291.55. Over the past decade, International Gemological Institute's Days Payable has ranged from 99.88 to 480.88. According to the industry distribution chart, International Gemological Institute ranks #400 out of 1064 companies in the Metals & Mining industry, placing it in the top 37.6%.
Is International Gemological Institute's Days Payable too high?
International Gemological Institute's current Days Payable of 509.87 is 75% above median its 10-year median of 291.55. Over the past 10 years, this metric has ranged from a low of 99.88 to a high of 480.88. The Metals & Mining industry median Days Payable is 126.89. International Gemological Institute's value of 509.87 is 301.8% above this industry median. Based on the distribution chart, International Gemological Institute ranks #400 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, International Gemological Institute has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does International Gemological Institute's Days Payable compare to HL?
According to the Metals & Mining industry distribution chart, International Gemological Institute ranks #400 out of 1064 companies for Days Payable. This puts International Gemological Institute in the upper half of its industry. The industry median Days Payable is 126.89. International Gemological Institute's value of 509.87 is 301.8% above this benchmark. Historically, International Gemological Institute's own Days Payable has ranged from 99.88 to 480.88 over the past decade. While the company's 10-year median is 291.55 vs. the industry median of 126.89, International Gemological Institute 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 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. International Gemological Institute's current Days Payable of 509.87 is 301.8% 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 International Gemological Institute and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Gemological Institute's current Days Payable is 509.87, which is 75% above median its own 10-year median of 291.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Gemological Institute stock overvalued right now?
International Gemological Institute (NSE:IGIL) has a current Days Payable of 509.87. The current Days Payable is 509.87, which is 75% above median its 10-year median of 291.55 and 301.8% above the Metals & Mining industry median of 126.89. International Gemological Institute's overall GF Score™ is 21/100 with 2 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 International Gemological Institute (NSE:IGIL), the current Days Payable is 509.87 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.

International Gemological Institute Business Description

Other Exchanges 544311:India
Address Bandra Kurla Complex, 702, 7th Floor, The Capital, Bandra East, Mumbai, MH, IND, 400051
International Gemological Institute Ltd operates laboratories that grade finished jewelry, natural diamonds, lab-grown diamonds, and gemstones across multiple locations in different countries. The company's key services include Diamond Screening and Diamond Sorting.
21GF Score

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