Indiqube Spaces (NSE:INDIQUBE) Days Payable: 278.02 (As of Mar. 2026) — 95% Above Median

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NSE:INDIQUBE Indiqube Spaces Ltd NSE:INDIQUBE
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Price ₹173.76
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What is Indiqube Spaces Days Payable?

Indiqube Spaces NSE:INDIQUBE +1.86% 2 Days Payable is 278.02 as of Mar. 2026, which is 95% above its 10-year median of 142.22. GuruFocus rates NSE:INDIQUBE with a GF Score™ of 2/100. The stock has 4 warning signs investors should review. Among 1,568 Real Estate companies, Indiqube Spaces ranks better than 78.95% on this metric.

Indiqube Spaces's average Accounts Payable for the three months ended in Mar. 2026 was ₹795 Mil. Indiqube Spaces's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹261 Mil. Hence, Indiqube Spaces's Days Payable for the three months ended in Mar. 2026 was 278.02.

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

NSE:INDIQUBE' s Days Payable Range Over the Past 10 Years
Min: 122.94   Med: 142.22   Max: 287.34
Current: 287.34

During the past 5 years, Indiqube Spaces's highest Days Payable was 287.34. The lowest was 122.94. And the median was 142.22.

NSE:INDIQUBE's Days Payable is ranked better than
78.95% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs NSE:INDIQUBE: 287.34

Indiqube Spaces's Days Payable increased from Dec. 2024 (0.00) to Mar. 2026 (278.02). It may suggest that Indiqube Spaces delayed paying its suppliers.


Indiqube Spaces Days Payable Historical Data

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The historical data trend for Indiqube Spaces'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.

Indiqube Spaces Days Payable Chart

Indiqube Spaces Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
250.37 142.22 144.05 140.80 122.94

Indiqube Spaces Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 292.94 214.78 186.14 278.02

NSE:INDIQUBE vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Indiqube Spaces'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.


Indiqube Spaces Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Indiqube Spaces's Days Payable distribution charts can be found below:

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


NSE:INDIQUBE
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Indiqube Spaces Ltd NSE:INDIQUBE
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Indiqube Spaces 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.

Indiqube Spaces'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
=( (543.66 + 795.19) / 2 ) / 1987.45*365
=669.425 / 1987.45*365
=122.94

Indiqube Spaces'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 + 795.19) / 1 ) / 260.99*365 / 4
=795.19 / 260.99*365 / 4
=278.02

* 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 278.02 mean?
Indiqube Spaces (NSE:INDIQUBE) has a Days Payable of 278.02 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 Indiqube Spaces and its competitors. This is 95% above median its historical median of 142.22. Over the past decade, Indiqube Spaces' Days Payable has ranged from 122.94 to 287.34. According to the industry distribution chart, Indiqube Spaces ranks #330 out of 1568 companies in the Real Estate industry, placing it in the top 21%.
Is Indiqube Spaces' Days Payable too high?
Indiqube Spaces' current Days Payable of 278.02 is 95% above median its 10-year median of 142.22. Over the past 10 years, this metric has ranged from a low of 122.94 to a high of 287.34. The Real Estate industry median Days Payable is 94.21. Indiqube Spaces' value of 278.02 is 195.1% above this industry median. Based on the distribution chart, Indiqube Spaces ranks #330 out of 1568 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Indiqube Spaces has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Indiqube Spaces' Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Indiqube Spaces ranks #330 out of 1568 companies for Days Payable. This places Indiqube Spaces in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.21. Indiqube Spaces' value of 278.02 is 195.1% above this benchmark. Historically, Indiqube Spaces' own Days Payable has ranged from 122.94 to 287.34 over the past decade. While the company's 10-year median is 142.22 vs. the industry median of 94.21, Indiqube Spaces has consistently been above 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Indiqube Spaces's current Days Payable of 278.02 is 195.1% above 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 Indiqube Spaces and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indiqube Spaces's current Days Payable is 278.02, which is 95% above median its own 10-year median of 142.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indiqube Spaces stock overvalued right now?
Indiqube Spaces (NSE:INDIQUBE) has a current Days Payable of 278.02. The current Days Payable is 278.02, which is 95% above median its 10-year median of 142.22 and 195.1% above the Real Estate industry median of 94.21. Indiqube Spaces' overall GF Score™ is 2/100 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 Indiqube Spaces (NSE:INDIQUBE), the current Days Payable is 278.02 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.

Indiqube Spaces Business Description

Other Exchanges 544454:India
Address Outer Ring Road, Kariyammanna Agrahara Road, Plot No. 53, Careernet Campus, Devarabisnahalli, Bengaluru, KA, IND, 560 103
Indiqube Spaces Ltd is engaged in the business of leasing of network of shared work spaces of fully or partly equipped premises and other related activities. This is considered the only business segment. Its solutions are Indiqube Grow, Indiqube Bespoke, Indiqube Cornerstone, Indiqube One, and Miqube.
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