IndiaMART InterMESH (NSE:INDIAMART) Days Payable: 60.48 (As of Mar. 2026) — 36% Below Median


NSE:INDIAMART IndiaMART InterMESH Ltd NSE:INDIAMART
90 GF Score
Price ₹1,906.40
GF Value ₹3,070.00
Valuation Significantly Undervalued
! 3 Warning Signs
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What is IndiaMART InterMESH Days Payable?

IndiaMART InterMESH NSE:INDIAMART -1.08% 90 Days Payable is 60.48 as of Mar. 2026, which is 36% below its 10-year median of 94.90. GuruFocus rates NSE:INDIAMART with a GF Score™ of 90/100 and a GF Value™ of ₹3,070.00 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 428 Interactive Media companies, IndiaMART InterMESH ranks better than 62.62% on this metric.

IndiaMART InterMESH's average Accounts Payable for the three months ended in Mar. 2026 was ₹167 Mil. IndiaMART InterMESH's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹252 Mil. Hence, IndiaMART InterMESH's Days Payable for the three months ended in Mar. 2026 was 60.48.

The historical rank and industry rank for IndiaMART InterMESH's Days Payable or its related term are showing as below:

NSE:INDIAMART' s Days Payable Range Over the Past 10 Years
Min: 1.79   Med: 94.9   Max: 283.39
Current: 104.14

During the past 12 years, IndiaMART InterMESH's highest Days Payable was 283.39. The lowest was 1.79. And the median was 94.90.

NSE:INDIAMART's Days Payable is ranked better than
62.62% of 428 companies
in the Interactive Media industry
Industry Median: 65.595 vs NSE:INDIAMART: 104.14

IndiaMART InterMESH's Days Payable increased from Mar. 2025 (2.62) to Mar. 2026 (60.48). It may suggest that IndiaMART InterMESH delayed paying its suppliers.


IndiaMART InterMESH Days Payable Historical Data

* Premium members only.

The historical data trend for IndiaMART InterMESH'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.

IndiaMART InterMESH Days Payable Chart

IndiaMART InterMESH 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 101.66 38.46 1.79 3.32 4.59

IndiaMART InterMESH 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 2.62 65.65 0.00 130.47 60.48

NSE:INDIAMART vs GOOGL, META, SPOT: Days Payable Comparison

For the Internet Content & Information subindustry, IndiaMART InterMESH'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.


IndiaMART InterMESH Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, IndiaMART InterMESH's Days Payable distribution charts can be found below:

* The bar in red indicates where IndiaMART InterMESH's Days Payable falls into.


NSE:INDIAMART
90GF Score
IndiaMART InterMESH Ltd NSE:INDIAMART
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IndiaMART InterMESH 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.

IndiaMART InterMESH'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
=( (11.18 + 13.02) / 2 ) / 961.29*365
=12.1 / 961.29*365
=4.59

IndiaMART InterMESH'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
=( (320.35 + 13.02) / 2 ) / 251.5*365 / 4
=166.685 / 251.5*365 / 4
=60.48

* 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 60.48 mean?
IndiaMART InterMESH (NSE:INDIAMART) has a Days Payable of 60.48 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 IndiaMART InterMESH and its competitors. This is 36% below median its historical median of 94.90. Over the past decade, IndiaMART InterMESH's Days Payable has ranged from 1.79 to 283.39. According to the industry distribution chart, IndiaMART InterMESH ranks #160 out of 428 companies in the Interactive Media industry, placing it in the top 37.4%.
Is IndiaMART InterMESH's Days Payable too high?
IndiaMART InterMESH's current Days Payable of 60.48 is 36% below median its 10-year median of 94.90. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 283.39. The Interactive Media industry median Days Payable is 65.60. IndiaMART InterMESH's value of 60.48 is 7.8% below this industry median. Based on the distribution chart, IndiaMART InterMESH ranks #160 out of 428 companies in the Interactive Media industry, which is above the industry midpoint. Overall, IndiaMART InterMESH has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiaMART InterMESH's Days Payable compare to GOOGL and META?
According to the Interactive Media industry distribution chart, IndiaMART InterMESH ranks #160 out of 428 companies for Days Payable. This puts IndiaMART InterMESH in the upper half of its industry. The industry median Days Payable is 65.60. IndiaMART InterMESH's value of 60.48 is 7.8% below this benchmark. Historically, IndiaMART InterMESH's own Days Payable has ranged from 1.79 to 283.39 over the past decade. While the company's 10-year median is 94.90 vs. the industry median of 65.60, IndiaMART InterMESH 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 Interactive Media company?
The median Days Payable among Interactive Media companies is 65.60, based on 428 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. IndiaMART InterMESH's current Days Payable of 60.48 is 7.8% 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 IndiaMART InterMESH and its competitors. For the Interactive Media industry, the median Days Payable is 65.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiaMART InterMESH's current Days Payable is 60.48, which is 36% below median its own 10-year median of 94.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiaMART InterMESH stock overvalued right now?
Based on GuruFocus' analysis, IndiaMART InterMESH (NSE:INDIAMART) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,070.00, compared to a current price of ₹1,906.40 — trading 37.9% below its estimated fair value. The current Days Payable is 60.48, which is 36% below median its 10-year median of 94.90 and 7.8% below the Interactive Media industry median of 65.60. IndiaMART InterMESH's overall GF Score™ is 90/100 with 3 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 IndiaMART InterMESH (NSE:INDIAMART), the current Days Payable is 60.48 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 IndiaMART InterMESH (NSE:INDIAMART) Overvalued in 2026?

Based on GuruFocus' analysis, IndiaMART InterMESH stock appears to be undervalued. The current stock price of ₹1,906.40 is trading 37.9% below its estimated GF Value™ of ₹3,070.00. GuruFocus considers IndiaMART InterMESH to be Significantly Undervalued.

Key valuation signals for NSE:INDIAMART:

  • Days Payable: 60.48 (36% below median its 10-year median of 94.90)
  • GF Value™: ₹3,070.00 vs. price of ₹1,906.40 (37.9% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 7.8% below the Interactive Media median (#160 of 428)

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


IndiaMART InterMESH Business Description

Other Exchanges 542726:India
Address Assotech Business Cresterra, 6th Floor, Tower 2, Plot No. 22, Sector 135, Noida, UP, IND, 201305
IndiaMART InterMESH Ltd operates as an online B2B marketplace for business products and services. It serves as a platform for Small and Medium Enterprises (SMEs), Large Enterprises, as well as individuals. Geographically, it derives a majority of its revenue from India. It earns revenue mainly through the sale of subscription packages.
90GF Score

Get the complete analysis for NSE:INDIAMART

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

₹1,906.40
Price
₹3,070.00
GF Value