Indraprastha Gas (NSE:IGL) Days Payable: 30.38 (As of Mar. 2026) — Near Median


NSE:IGL Indraprastha Gas Ltd NSE:IGL
97 GF Score
Price ₹153.99
GF Value ₹235.82
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Indraprastha Gas Days Payable?

Indraprastha Gas NSE:IGL -1.16% 97 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 97/100 and a GF Value™ of ₹235.82 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 483 Utilities - Regulated companies, Indraprastha Gas ranks worse than 83.23% on this metric.

Indraprastha Gas's average Accounts Payable for the three months ended in Mar. 2026 was ₹10,689 Mil. Indraprastha Gas's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹32,108 Mil. Hence, Indraprastha Gas's Days Payable for the three months ended in Mar. 2026 was 30.38.

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
83.23% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 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 Gas delayed paying its suppliers.


Indraprastha Gas Days Payable Historical Data

* Premium members only.

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.

Indraprastha Gas Days Payable Chart

Indraprastha Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.28 27.29 32.12 31.63 29.52

Indraprastha Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.99 29.12 32.84 33.21 30.38

NSE:IGL vs ATO, NI, UGI: Days Payable Comparison

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.


NSE:IGL
97GF Score
Indraprastha Gas Ltd NSE:IGL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Indraprastha Gas 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.

Indraprastha Gas's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (9345.7 + 10689.1) / 2 ) / 123859.2*365
=10017.4 / 123859.2*365
=29.52

Indraprastha Gas'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
=( (0 + 10689.1) / 1 ) / 32107.8*365 / 4
=10689.1 / 32107.8*365 / 4
=30.38

* 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 30.38 mean?
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 #402 out of 483 companies in the Utilities - Regulated industry, placing it in the top 83.2%.
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 70.35. Indraprastha Gas' value of 30.38 is 56.8% below this industry median. Based on the distribution chart, Indraprastha Gas ranks #402 out of 483 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Indraprastha Gas has a GF Score™ of 97/100 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 #402 out of 483 companies for Days Payable. This places Indraprastha Gas in the lower half of its industry. The industry median Days Payable is 70.35. Indraprastha Gas' value of 30.38 is 56.8% 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 70.35, 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 70.35, based on 483 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 56.8% 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 70.35 — 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 ₹235.82, compared to a current price of ₹153.99 — trading 34.7% below its estimated fair value. The current Days Payable is 30.38, which is near median its 10-year median of 31.88 and 56.8% below the Utilities - Regulated industry median of 70.35. Indraprastha Gas' overall GF Score™ is 97/100 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 ₹153.99 is trading 34.7% below its estimated GF Value™ of ₹235.82. 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™: ₹235.82 vs. price of ₹153.99 (34.7% below fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 56.8% below the Utilities - Regulated median (#402 of 483)

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 Business Description

Other Exchanges 532514:India
Address IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022
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.
97GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹153.99
Price
₹235.82
GF Value