India Motor Parts & Accessories (NSE:IMPAL) Days Payable: 11.50 (As of Jun. 2026) — 68% Below Median

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NSE:IMPAL India Motor Parts & Accessories Ltd NSE:IMPAL
82 GF Score
Price ₹1,065.00
GF Value ₹1,175.65
Valuation Fairly Valued
! 4 Warning Signs
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What is India Motor Parts & Accessories Days Payable?

India Motor Parts & Accessories NSE:IMPAL -1.19% 82 Days Payable is 11.50 as of Jun. 2026, which is 68% below its 10-year median of 35.47. GuruFocus rates NSE:IMPAL with a GF Score™ of 82/100 and a GF Value™ of ₹1,175.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,317 Vehicles & Parts companies, India Motor Parts & Accessories ranks worse than 91.42% on this metric.

India Motor Parts & Accessories's average Accounts Payable for the three months ended in Jun. 2026 was ₹262 Mil. India Motor Parts & Accessories's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹2,081 Mil. Hence, India Motor Parts & Accessories's Days Payable for the three months ended in Jun. 2026 was 11.50.

The historical rank and industry rank for India Motor Parts & Accessories's Days Payable or its related term are showing as below:

NSE:IMPAL' s Days Payable Range Over the Past 10 Years
Min: 20.38   Med: 35.47   Max: 46.06
Current: 21.97

During the past 13 years, India Motor Parts & Accessories's highest Days Payable was 46.06. The lowest was 20.38. And the median was 35.47.

NSE:IMPAL's Days Payable is ranked worse than
91.42% of 1317 companies
in the Vehicles & Parts industry
Industry Median: 65.64 vs NSE:IMPAL: 21.97

India Motor Parts & Accessories's Days Payable declined from Jun. 2025 (27.20) to Jun. 2026 (11.50). It may suggest that India Motor Parts & Accessories accelerated paying its suppliers.


India Motor Parts & Accessories Days Payable Related Terms


India Motor Parts & Accessories Days Payable Historical Data

* Premium members only.

The historical data trend for India Motor Parts & Accessories'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.

India Motor Parts & Accessories Days Payable Chart

India Motor Parts & Accessories 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 43.50 34.30 33.13 29.62 19.23

India Motor Parts & Accessories Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 27.20 27.88 23.96 12.87 11.50

NSE:IMPAL vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, India Motor Parts & Accessories'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.


India Motor Parts & Accessories Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, India Motor Parts & Accessories's Days Payable distribution charts can be found below:

* The bar in red indicates where India Motor Parts & Accessories's Days Payable falls into.


NSE:IMPAL
82GF Score
India Motor Parts & Accessories Ltd NSE:IMPAL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Motor Parts & Accessories 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.

India Motor Parts & Accessories'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
=( (525 + 262.1) / 2 ) / 7471.4*365
=393.55 / 7471.4*365
=19.23

India Motor Parts & Accessories's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (262.1 + ) / 1 ) / 2080.5*365 / 4
=262.1 / 2080.5*365 / 4
=11.50

* 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 11.50 mean?
India Motor Parts & Accessories (NSE:IMPAL) has a Days Payable of 11.50 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on India Motor Parts & Accessories and its competitors. This is 68% below median its historical median of 35.47. Over the past decade, India Motor Parts & Accessories' Days Payable has ranged from 20.38 to 46.06. According to the industry distribution chart, India Motor Parts & Accessories ranks #1204 out of 1317 companies in the Vehicles & Parts industry, placing it in the top 91.4%.
Is India Motor Parts & Accessories' Days Payable too high?
India Motor Parts & Accessories' current Days Payable of 11.50 is 68% below median its 10-year median of 35.47. Over the past 10 years, this metric has ranged from a low of 20.38 to a high of 46.06. The Vehicles & Parts industry median Days Payable is 65.64. India Motor Parts & Accessories' value of 11.50 is 82.5% below this industry median. Based on the distribution chart, India Motor Parts & Accessories ranks #1204 out of 1317 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, India Motor Parts & Accessories has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does India Motor Parts & Accessories' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, India Motor Parts & Accessories ranks #1204 out of 1317 companies for Days Payable. This places India Motor Parts & Accessories in the lower half of its industry. The industry median Days Payable is 65.64. India Motor Parts & Accessories' value of 11.50 is 82.5% below this benchmark. Historically, India Motor Parts & Accessories' own Days Payable has ranged from 20.38 to 46.06 over the past decade. While the company's 10-year median is 35.47 vs. the industry median of 65.64, India Motor Parts & Accessories 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 65.64, based on 1,317 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. India Motor Parts & Accessories's current Days Payable of 11.50 is 82.5% 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 India Motor Parts & Accessories and its competitors. For the Vehicles & Parts industry, the median Days Payable is 65.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Motor Parts & Accessories's current Days Payable is 11.50, which is 68% below median its own 10-year median of 35.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Motor Parts & Accessories stock overvalued right now?
Based on GuruFocus' analysis, India Motor Parts & Accessories (NSE:IMPAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,175.65, compared to a current price of ₹1,065.00 — trading 9.4% below its estimated fair value. The current Days Payable is 11.50, which is 68% below median its 10-year median of 35.47 and 82.5% below the Vehicles & Parts industry median of 65.64. India Motor Parts & Accessories' overall GF Score™ is 82/100 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 India Motor Parts & Accessories (NSE:IMPAL), the current Days Payable is 11.50 as of Jun. 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 India Motor Parts & Accessories (NSE:IMPAL) Overvalued in 2026?

Based on GuruFocus' analysis, India Motor Parts & Accessories stock appears to be undervalued. The current stock price of ₹1,065.00 is trading 9.4% below its estimated GF Value™ of ₹1,175.65. GuruFocus considers India Motor Parts & Accessories to be Fairly Valued.

Key valuation signals for NSE:IMPAL:

  • Days Payable: 11.50 (68% below median its 10-year median of 35.47)
  • GF Value™: ₹1,175.65 vs. price of ₹1,065.00 (9.4% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 82.5% below the Vehicles & Parts median (#1204 of 1317)

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


India Motor Parts & Accessories Business Description

Other Exchanges 590065:India
Address No. 46, Whites Road, Sundaram Towers, III Floor, SF Building, Royapettah, Chennai, TN, IND, 600014
India Motor Parts & Accessories Ltd engages in the manufacture and distribution of automotive spares parts and accessories. The Company operates only in one business segment. Viz Sale and Distribution of Automotive Spares. Its product includes Oil seals, Gaskets, Hydraulic Brake Parts and Brake Fluid, Clutch Cover, Car fuel system components, Fuel injection parts, Auto cables, Radiators, Brake drums, Axles Shafts, Auto Electrical Components, Valves and Valve Guides, Automotive Bearings, and others.
82GF Score

Get the complete analysis for NSE:IMPAL

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

₹1,065.00
Price
₹1,175.65
GF Value