Innomet Advanced Materials (NSE:INNOMET) Days Payable: 9.29 (As of Mar. 2026) — 80% Below Median

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NSE:INNOMET Innomet Advanced Materials Ltd NSE:INNOMET
44 GF Score
Price ₹281.05
! 7 Warning Signs
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What is Innomet Advanced Materials Days Payable?

Innomet Advanced Materials NSE:INNOMET -0.95% 44 Days Payable is 9.29 as of Mar. 2026, which is 80% below its 10-year median of 45.96. GuruFocus rates NSE:INNOMET with a GF Score™ of 44/100. The stock has 7 warning signs investors should review. Among 1,076 Metals & Mining companies, Innomet Advanced Materials ranks worse than 80.48% on this metric.

Innomet Advanced Materials's average Accounts Payable for the three months ended in Mar. 2026 was ₹24.4 Mil. Innomet Advanced Materials's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹239.4 Mil. Hence, Innomet Advanced Materials's Days Payable for the three months ended in Mar. 2026 was 9.29.

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

NSE:INNOMET' s Days Payable Range Over the Past 10 Years
Min: 20.87   Med: 45.96   Max: 71.55
Current: 37.17

During the past 6 years, Innomet Advanced Materials's highest Days Payable was 71.55. The lowest was 20.87. And the median was 45.96.

NSE:INNOMET's Days Payable is ranked worse than
80.48% of 1076 companies
in the Metals & Mining industry
Industry Median: 125.27 vs NSE:INNOMET: 37.17

Innomet Advanced Materials's Days Payable increased from Mar. 2023 (0.00) to Mar. 2026 (9.29). It may suggest that Innomet Advanced Materials delayed paying its suppliers.


Innomet Advanced Materials Days Payable Historical Data

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The historical data trend for Innomet Advanced Materials'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.

Innomet Advanced Materials Days Payable Chart

Innomet Advanced Materials Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 39.69 43.97 47.95 50.01 20.87

Innomet Advanced Materials Quarterly Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 18.55 39.47 20.52 9.29

Innomet Advanced Materials Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Innomet Advanced Materials'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.


Innomet Advanced Materials Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Innomet Advanced Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where Innomet Advanced Materials's Days Payable falls into.


NSE:INNOMET
44GF Score
Innomet Advanced Materials Ltd NSE:INNOMET
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Innomet Advanced Materials 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.

Innomet Advanced Materials'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
=( (31.885 + 16.881) / 2 ) / 426.403*365
=24.383 / 426.403*365
=20.87

Innomet Advanced Materials'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
=( (31.885 + 16.881) / 2 ) / 239.414*365 / 4
=24.383 / 239.414*365 / 4
=9.29

* 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 9.29 mean?
Innomet Advanced Materials (NSE:INNOMET) has a Days Payable of 9.29 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 Innomet Advanced Materials and its competitors. This is 80% below median its historical median of 45.96. Over the past decade, Innomet Advanced Materials' Days Payable has ranged from 20.87 to 71.55. According to the industry distribution chart, Innomet Advanced Materials ranks #866 out of 1076 companies in the Metals & Mining industry, placing it in the top 80.5%.
Is Innomet Advanced Materials' Days Payable too high?
Innomet Advanced Materials' current Days Payable of 9.29 is 80% below median its 10-year median of 45.96. Over the past 10 years, this metric has ranged from a low of 20.87 to a high of 71.55. The Metals & Mining industry median Days Payable is 125.27. Innomet Advanced Materials' value of 9.29 is 92.6% below this industry median. Based on the distribution chart, Innomet Advanced Materials ranks #866 out of 1076 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Innomet Advanced Materials has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Innomet Advanced Materials' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Innomet Advanced Materials ranks #866 out of 1076 companies for Days Payable. This places Innomet Advanced Materials in the lower half of its industry. The industry median Days Payable is 125.27. Innomet Advanced Materials' value of 9.29 is 92.6% below this benchmark. Historically, Innomet Advanced Materials' own Days Payable has ranged from 20.87 to 71.55 over the past decade. While the company's 10-year median is 45.96 vs. the industry median of 125.27, Innomet Advanced Materials 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.27, based on 1,076 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. Innomet Advanced Materials's current Days Payable of 9.29 is 92.6% 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 Innomet Advanced Materials and its competitors. For the Metals & Mining industry, the median Days Payable is 125.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innomet Advanced Materials's current Days Payable is 9.29, which is 80% below median its own 10-year median of 45.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innomet Advanced Materials stock overvalued right now?
Innomet Advanced Materials (NSE:INNOMET) has a current Days Payable of 9.29. The current Days Payable is 9.29, which is 80% below median its 10-year median of 45.96 and 92.6% below the Metals & Mining industry median of 125.27. Innomet Advanced Materials' overall GF Score™ is 44/100 with 7 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 Innomet Advanced Materials (NSE:INNOMET), the current Days Payable is 9.29 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.

Innomet Advanced Materials Business Description

Address B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad, TG, IND, 502032
Innomet Advanced Materials Ltd is involved in manufacturing and supplying ferrous and non-ferrous metal/alloy powders and tungsten heavy alloy components. It has two divisions under the brand names Innomet Powders and Innotung. Innomet Powders produces metal and alloy powders using water, air, and gas atomization processes. Innotung is the brand name for the tungsten heavy alloy series made through powder metallurgy by the company. It supplies these materials as bars, plates, cubes, spheres, and components of various sizes and shapes, also in finished machined condition according to customer drawings. The company operates in two product segments: metal powders and tungsten heavy alloys.
44GF Score

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