Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Indraprastha GasNSE:IGL +0.10%95 Days Payable is 30.38 as of Mar. 2026, which is 5% below its 10-year median of 31.88. GuruFocus rates NSE:IGL with a GF Score™ of 95/100 and a GF Value™ of ₹243.03 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 482 Utilities - Regulated companies, Indraprastha Gas ranks worse than 82.78% on this metric.
The historical rank and industry rank for Indraprastha Gas's Days Payable or its related term are showing as below:
NSE:IGL'
s Days Payable Range Over the Past 10 Years
Min: 23.69 Med: 31.88 Max: 43.28
Current: 30.78
During the past 13 years, Indraprastha Gas's highest Days Payable was 43.28. The lowest was 23.69. And the median was 31.88.
NSE:IGL's Days Payable is ranked worse than 82.78% of 482
companies
in the Utilities - Regulated industry
Industry Median: 70.105
vs NSE:IGL: 30.78
Indraprastha Gas's Days Payable
increased
from Mar. 2025 (28.99) to Mar. 2026 (30.38).
It may suggest that Indraprastha Gasdelayed paying its suppliers.
The historical data trend for Indraprastha Gas'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.
For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.
Indraprastha Gas Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Days Payable distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas'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.
Indraprastha Gas'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.
Indraprastha Gas (NSE:IGL) has a Days Payable of 30.38 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 Indraprastha Gas and its competitors. This is near median its historical median of 31.88. Over the past decade, Indraprastha Gas' Days Payable has ranged from 23.69 to 43.28. According to the industry distribution chart, Indraprastha Gas ranks #399 out of 482 companies in the Utilities - Regulated industry, placing it in the top 82.8%.
Is Indraprastha Gas' Days Payable too high?
Indraprastha Gas' current Days Payable of 30.38 is near median its 10-year median of 31.88. Over the past 10 years, this metric has ranged from a low of 23.69 to a high of 43.28. The Utilities - Regulated industry median Days Payable is 70.11. Indraprastha Gas' value of 30.38 is 56.7% below this industry median. Based on the distribution chart, Indraprastha Gas ranks #399 out of 482 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Indraprastha Gas has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Indraprastha Gas ranks #399 out of 482 companies for Days Payable. This places Indraprastha Gas in the lower half of its industry. The industry median Days Payable is 70.11. Indraprastha Gas' value of 30.38 is 56.7% below this benchmark. Historically, Indraprastha Gas' own Days Payable has ranged from 23.69 to 43.28 over the past decade. While the company's 10-year median is 31.88 vs. the industry median of 70.11, Indraprastha Gas has consistently been below 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 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. Indraprastha Gas's current Days Payable of 30.38 is 56.7% below 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 Indraprastha Gas and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indraprastha Gas's current Days Payable is 30.38, which is near median its own 10-year median of 31.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indraprastha Gas stock overvalued right now?
Based on GuruFocus' analysis, Indraprastha Gas (NSE:IGL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹243.03, compared to a current price of ₹154.08 — trading 36.6% below its estimated fair value. The current Days Payable is 30.38, which is near median its 10-year median of 31.88 and 56.7% below the Utilities - Regulated industry median of 70.11. Indraprastha Gas' overall GF Score™ is 95/100 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 Indraprastha Gas (NSE:IGL), the current Days Payable is 30.38 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 Indraprastha Gas (NSE:IGL) Overvalued in 2026?
Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued.
The current stock price of ₹154.08 is trading 36.6% below its estimated GF Value™ of ₹243.03.
GuruFocus considers Indraprastha Gas to be Significantly Undervalued.
Key valuation signals for NSE:IGL:
Days Payable: 30.38 (near median its 10-year median of 31.88)
GF Value™: ₹243.03 vs. price of ₹154.08 (36.6% below fair value)
Industry Position: 56.7% below the Utilities - Regulated median (#399 of 482)
No single metric tells the full story. See the NSE:IGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indraprastha Gas Ltd is an Indian utility company engaged in the business of city gas distribution. It operates in a single segment of the natural gas business, and its products include the Compressed Natural Gas Business provides a fossil fuel substitute for other auto fuels such as petrol, diesel, LPG, etc, and the Piped Natural Gas Business is mainly methane-CH4 with a small percentage of other higher hydrocarbons. The group generates the majority of its revenue from the Compressed Natural Gas Business.
95GF Score
Get the complete analysis for NSE:IGL
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:IGL has been successfully added to your 
