Indifra (NSE:INDIFRA) Days Payable: 32.48 (As of Mar. 2026) — 28% Below Median


NSE:INDIFRA Indifra Ltd NSE:INDIFRA
48 GF Score
Price ₹12.15
! 2 Warning Signs
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What is Indifra Days Payable?

Indifra NSE:INDIFRA -3.95% 48 Days Payable is 32.48 as of Mar. 2026, which is 28% below its 10-year median of 44.83. GuruFocus rates NSE:INDIFRA with a GF Score™ of 48/100. The stock has 2 warning signs investors should review. Among 1,709 Construction companies, Indifra ranks worse than 87.65% on this metric.

Indifra's average Accounts Payable for the six months ended in Mar. 2026 was ₹13.9 Mil. Indifra's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹156.2 Mil. Hence, Indifra's Days Payable for the six months ended in Mar. 2026 was 16.24.

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

NSE:INDIFRA' s Days Payable Range Over the Past 10 Years
Min: 9.24   Med: 44.83   Max: 135.55
Current: 32.48

During the past 6 years, Indifra's highest Days Payable was 135.55. The lowest was 9.24. And the median was 44.83.

NSE:INDIFRA's Days Payable is ranked worse than
87.65% of 1709 companies
in the Construction industry
Industry Median: 76.67 vs NSE:INDIFRA: 32.48

Indifra's Days Payable increased from Mar. 2024 (15.61) to Mar. 2026 (32.48). It may suggest that Indifra delayed paying its suppliers.


Indifra Days Payable Historical Data

* Premium members only.

The historical data trend for Indifra'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.

Indifra Days Payable Chart

Indifra Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 57.17 62.17 15.61 9.24 32.48

Indifra Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable Get a 7-Day Free Trial 57.17 62.17 15.61 9.24 32.48

NSE:INDIFRA vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Indifra'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.


Indifra Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Indifra's Days Payable distribution charts can be found below:

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


NSE:INDIFRA
48GF Score
Indifra Ltd NSE:INDIFRA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Indifra 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.

Indifra'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
=( (3.173 + 24.618) / 2 ) / 156.16*365
=13.8955 / 156.16*365
=32.48

Indifra'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3.173 + 24.618) / 2 ) / 156.16*365 / 2
=13.8955 / 156.16*365 / 2
=16.24

* 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 32.48 mean?
Indifra (NSE:INDIFRA) has a Days Payable of 32.48 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 Indifra and its competitors. This is 28% below median its historical median of 44.83. Over the past decade, Indifra's Days Payable has ranged from 9.24 to 135.55. According to the industry distribution chart, Indifra ranks #1498 out of 1709 companies in the Construction industry, placing it in the top 87.7%.
Is Indifra's Days Payable too high?
Indifra's current Days Payable of 32.48 is 28% below median its 10-year median of 44.83. Over the past 10 years, this metric has ranged from a low of 9.24 to a high of 135.55. The Construction industry median Days Payable is 76.67. Indifra's value of 32.48 is 57.6% below this industry median. Based on the distribution chart, Indifra ranks #1498 out of 1709 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Indifra has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Indifra's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Indifra ranks #1498 out of 1709 companies for Days Payable. This places Indifra in the lower half of its industry. The industry median Days Payable is 76.67. Indifra's value of 32.48 is 57.6% below this benchmark. Historically, Indifra's own Days Payable has ranged from 9.24 to 135.55 over the past decade. While the company's 10-year median is 44.83 vs. the industry median of 76.67, Indifra 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 Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 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. Indifra's current Days Payable of 32.48 is 57.6% 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 Indifra and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indifra's current Days Payable is 32.48, which is 28% below median its own 10-year median of 44.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indifra stock overvalued right now?
Indifra (NSE:INDIFRA) has a current Days Payable of 32.48. The current Days Payable is 32.48, which is 28% below median its 10-year median of 44.83 and 57.6% below the Construction industry median of 76.67. Indifra's overall GF Score™ is 48/100 with 2 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 Indifra (NSE:INDIFRA), the current Days Payable is 32.48 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.

Indifra Business Description

Address V.V. Nagar Road, 9, Krishna Villa, Near Aamrakunj Society, Anand, Karamsad, GJ, IND, 388325
Indifra Ltd is engaged in Infrastructure Management, Gas Pipeline Laying, Construction Project Management And Electrical Appliances Distribution. The Company is engaged in the business of trading of Metal and Electrical products, Infrastructure activity and other related services.
48GF Score

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