Indo Farm EquipmentNSE:INDOFARM -6.32%46 Days Payable is 35.45 as of Mar. 2026, which is 39% below its 10-year median of 57.76. GuruFocus rates NSE:INDOFARM with a GF Score™ of 46/100. The stock has 4 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Indo Farm Equipment ranks worse than 98.56% on this metric.
The historical rank and industry rank for Indo Farm Equipment's Days Payable or its related term are showing as below:
NSE:INDOFARM'
s Days Payable Range Over the Past 10 Years
Min: 14.37 Med: 57.76 Max: 81.57
Current: 14.37
During the past 6 years, Indo Farm Equipment's highest Days Payable was 81.57. The lowest was 14.37. And the median was 57.76.
NSE:INDOFARM's Days Payable is ranked worse than 98.56% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 69.415
vs NSE:INDOFARM: 14.37
Indo Farm Equipment's Days Payable
declined
from Mar. 2025 (36.44) to Mar. 2026 (35.45).
It may suggest that Indo Farm Equipmentaccelerated paying its suppliers.
Indo Farm Equipment Days Payable Related Terms
Indo Farm Equipment Days Payable Historical Data
* Premium members only.
The historical data trend for Indo Farm Equipment'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.
NSE:INDOFARM vs CAT, DE, PCAR: Days Payable Comparison
For the Farm & Heavy Construction Machinery subindustry, Indo Farm Equipment'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.
Indo Farm Equipment Days Payable vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Indo Farm Equipment's Days Payable distribution charts can be found below:
* The bar in red indicates where Indo Farm Equipment's Days Payable falls into.
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.
Indo Farm Equipment's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Indo Farm Equipment (NSE:INDOFARM) has a Days Payable of 35.45 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 Indo Farm Equipment and its competitors. This is 39% below median its historical median of 57.76. Over the past decade, Indo Farm Equipment's Days Payable has ranged from 14.37 to 81.57. According to the industry distribution chart, Indo Farm Equipment ranks #205 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 98.6%.
Is Indo Farm Equipment's Days Payable too high?
Indo Farm Equipment's current Days Payable of 35.45 is 39% below median its 10-year median of 57.76. Over the past 10 years, this metric has ranged from a low of 14.37 to a high of 81.57. The Farm & Heavy Construction Machinery industry median Days Payable is 69.42. Indo Farm Equipment's value of 35.45 is 48.9% below this industry median. Based on the distribution chart, Indo Farm Equipment ranks #205 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Indo Farm Equipment has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Indo Farm Equipment's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Indo Farm Equipment ranks #205 out of 208 companies for Days Payable. This places Indo Farm Equipment in the lower half of its industry. The industry median Days Payable is 69.42. Indo Farm Equipment's value of 35.45 is 48.9% below this benchmark. Historically, Indo Farm Equipment's own Days Payable has ranged from 14.37 to 81.57 over the past decade. While the company's 10-year median is 57.76 vs. the industry median of 69.42, Indo Farm Equipment 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 69.42, based on 208 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. Indo Farm Equipment's current Days Payable of 35.45 is 48.9% 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 Indo Farm Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 69.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Farm Equipment's current Days Payable is 35.45, which is 39% below median its own 10-year median of 57.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Farm Equipment stock overvalued right now?
Indo Farm Equipment (NSE:INDOFARM) has a current Days Payable of 35.45. The current Days Payable is 35.45, which is 39% below median its 10-year median of 57.76 and 48.9% below the Farm & Heavy Construction Machinery industry median of 69.42. Indo Farm Equipment's overall GF Score™ is 46/100 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 Indo Farm Equipment (NSE:INDOFARM), the current Days Payable is 35.45 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.
Indo Farm Equipment Ltd is a fully integrated established manufacturer of Tractors and Pick & Carry Cranes. It also deals in other farm equipment such as Harvester Combines, Rotavators, and other related spares & components. Its facilities are equipped with induction furnaces, pneumatic molding machines, automatic molding line, a sand plant, a fully equipped Metallurgy and Sand Testing Laboratory, a Machining Center, a Gear Shop, a Press Shop, Fabrication Shop, Paint Shop, Assembly unit, Quality Room & Utility room.
46GF Score
Get the complete analysis for NSE:INDOFARM
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:INDOFARM has been successfully added to your 
