Indian Metals & Ferro Alloys (NSE:IMFA) Days Payable: 65.31 (As of Mar. 2026) — Near Median


NSE:IMFA Indian Metals & Ferro Alloys Ltd NSE:IMFA
65 GF Score
Price ₹1,374.50
GF Value ₹839.63
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Indian Metals & Ferro Alloys Days Payable?

Indian Metals & Ferro Alloys NSE:IMFA +1.19% 65 Days Payable is 65.31 as of Mar. 2026, which is 4% above its 10-year median of 62.77. GuruFocus rates NSE:IMFA with a GF Score™ of 65/100 and a GF Value™ of ₹839.63 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,064 Metals & Mining companies, Indian Metals & Ferro Alloys ranks worse than 70.11% on this metric.

Indian Metals & Ferro Alloys's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,769 Mil. Indian Metals & Ferro Alloys's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,869 Mil. Hence, Indian Metals & Ferro Alloys's Days Payable for the three months ended in Mar. 2026 was 65.31.

The historical rank and industry rank for Indian Metals & Ferro Alloys's Days Payable or its related term are showing as below:

NSE:IMFA' s Days Payable Range Over the Past 10 Years
Min: 42.46   Med: 62.77   Max: 100.31
Current: 56.38

During the past 13 years, Indian Metals & Ferro Alloys's highest Days Payable was 100.31. The lowest was 42.46. And the median was 62.77.

NSE:IMFA's Days Payable is ranked worse than
70.11% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs NSE:IMFA: 56.38

Indian Metals & Ferro Alloys's Days Payable increased from Mar. 2025 (55.42) to Mar. 2026 (65.31). It may suggest that Indian Metals & Ferro Alloys delayed paying its suppliers.


Indian Metals & Ferro Alloys Days Payable Historical Data

* Premium members only.

The historical data trend for Indian Metals & Ferro Alloys'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.

Indian Metals & Ferro Alloys Days Payable Chart

Indian Metals & Ferro Alloys 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 52.30 42.46 56.29 62.18 57.65

Indian Metals & Ferro Alloys 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 55.42 49.51 50.50 57.49 65.31

Indian Metals & Ferro Alloys Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Indian Metals & Ferro Alloys'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.


Indian Metals & Ferro Alloys Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Indian Metals & Ferro Alloys's Days Payable distribution charts can be found below:

* The bar in red indicates where Indian Metals & Ferro Alloys's Days Payable falls into.


NSE:IMFA
65GF Score
Indian Metals & Ferro Alloys Ltd NSE:IMFA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Metals & Ferro Alloys 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.

Indian Metals & Ferro Alloys'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
=( (1943.2 + 2769.1) / 2 ) / 14917.3*365
=2356.15 / 14917.3*365
=57.65

Indian Metals & Ferro Alloys'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 + 2769.1) / 1 ) / 3868.8*365 / 4
=2769.1 / 3868.8*365 / 4
=65.31

* 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 65.31 mean?
Indian Metals & Ferro Alloys (NSE:IMFA) has a Days Payable of 65.31 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 Indian Metals & Ferro Alloys and its competitors. This is near median its historical median of 62.77. Over the past decade, Indian Metals & Ferro Alloys' Days Payable has ranged from 42.46 to 100.31. According to the industry distribution chart, Indian Metals & Ferro Alloys ranks #746 out of 1064 companies in the Metals & Mining industry, placing it in the top 70.1%.
Is Indian Metals & Ferro Alloys' Days Payable too high?
Indian Metals & Ferro Alloys' current Days Payable of 65.31 is near median its 10-year median of 62.77. Over the past 10 years, this metric has ranged from a low of 42.46 to a high of 100.31. The Metals & Mining industry median Days Payable is 126.89. Indian Metals & Ferro Alloys' value of 65.31 is 48.5% below this industry median. Based on the distribution chart, Indian Metals & Ferro Alloys ranks #746 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Indian Metals & Ferro Alloys has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indian Metals & Ferro Alloys' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Indian Metals & Ferro Alloys ranks #746 out of 1064 companies for Days Payable. This places Indian Metals & Ferro Alloys in the lower half of its industry. The industry median Days Payable is 126.89. Indian Metals & Ferro Alloys' value of 65.31 is 48.5% below this benchmark. Historically, Indian Metals & Ferro Alloys' own Days Payable has ranged from 42.46 to 100.31 over the past decade. While the company's 10-year median is 62.77 vs. the industry median of 126.89, Indian Metals & Ferro Alloys 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 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. Indian Metals & Ferro Alloys's current Days Payable of 65.31 is 48.5% 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 Indian Metals & Ferro Alloys 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. Indian Metals & Ferro Alloys's current Days Payable is 65.31, which is near median its own 10-year median of 62.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Metals & Ferro Alloys stock overvalued right now?
Based on GuruFocus' analysis, Indian Metals & Ferro Alloys (NSE:IMFA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹839.63, compared to a current price of ₹1,374.50 — trading 63.7% above its estimated fair value. The current Days Payable is 65.31, which is near median its 10-year median of 62.77 and 48.5% below the Metals & Mining industry median of 126.89. Indian Metals & Ferro Alloys' overall GF Score™ is 65/100 with 1 warning sign 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 Indian Metals & Ferro Alloys (NSE:IMFA), the current Days Payable is 65.31 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 Indian Metals & Ferro Alloys (NSE:IMFA) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Metals & Ferro Alloys stock appears to be overvalued. The current stock price of ₹1,374.50 is trading 63.7% above its estimated GF Value™ of ₹839.63. GuruFocus considers Indian Metals & Ferro Alloys to be Significantly Overvalued.

Key valuation signals for NSE:IMFA:

  • Days Payable: 65.31 (near median its 10-year median of 62.77)
  • GF Value™: ₹839.63 vs. price of ₹1,374.50 (63.7% above fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 48.5% below the Metals & Mining median (#746 of 1064)

No single metric tells the full story. See the NSE:IMFA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Metals & Ferro Alloys Business Description

Other Exchanges 533047:India
Address Bomikhal, IMFA Building, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010
Indian Metals & Ferro Alloys Ltd is a producer of value-added ferrochrome in India, with operations spanning the entire value chain from captive chromite mining and power generation to smelting and exports of ferrochrome. The group's reportable segments are Ferro Alloys, Power, Mining, and All Other segments. The majority of its revenue is generated from the Ferro Alloys segment, which produces value-added ferrochrome, which has extensive applications in the manufacture of specialty alloys and stainless steels. Geographically, the majority of the group's revenue is generated through the exports of its products to its customers outside India in countries such as South Korea, China, Taiwan, Japan, and others.
65GF Score

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

₹1,374.50
Price
₹839.63
GF Value