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INOX IndiaNSE:INOXINDIA -0.71%49 Days Payable is 68.13 as of Mar. 2026, which is 55% above its 10-year median of 43.83. GuruFocus rates NSE:INOXINDIA with a GF Score™ of 49/100. The stock has 9 warning signs investors should review. Among 2,991 Industrial Products companies, INOX India ranks better than 51.35% on this metric.
INOX India's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹1,558 Mil. INOX India's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹2,086 Mil.
Hence, INOX India's Days Payable for the
three
months ended in Mar. 2026 was 68.13.
The historical rank and industry rank for INOX India's Days Payable or its related term are showing as below:
NSE:INOXINDIA'
s Days Payable Range Over the Past 10 Years
Min: 19.93 Med: 43.83 Max: 80.1
Current: 80.1
During the past 6 years, INOX India's highest Days Payable was 80.10. The lowest was 19.93. And the median was 43.83.
NSE:INOXINDIA's Days Payable is ranked better than 51.35% of 2991
companies
in the Industrial Products industry
Industry Median: 77.97
vs NSE:INOXINDIA: 80.10
INOX India's Days Payable
declined
from Mar. 2025 (80.72) to Mar. 2026 (68.13).
It may suggest that INOX Indiaaccelerated paying its suppliers.
INOX India Days Payable Related Terms
INOX India Days Payable Historical Data
* Premium members only.
The historical data trend for INOX India'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:INOXINDIA vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, INOX India'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.
INOX India Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, INOX India's Days Payable distribution charts can be found below:
* The bar in red indicates where INOX India'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.
INOX India'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.
INOX India (NSE:INOXINDIA) has a Days Payable of 68.13 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 INOX India and its competitors. This is 55% above median its historical median of 43.83. Over the past decade, INOX India's Days Payable has ranged from 19.93 to 80.10. According to the industry distribution chart, INOX India ranks #1455 out of 2991 companies in the Industrial Products industry, placing it in the top 48.6%.
Is INOX India's Days Payable too high?
INOX India's current Days Payable of 68.13 is 55% above median its 10-year median of 43.83. Over the past 10 years, this metric has ranged from a low of 19.93 to a high of 80.10. The Industrial Products industry median Days Payable is 77.97. INOX India's value of 68.13 is 12.6% below this industry median. Based on the distribution chart, INOX India ranks #1455 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, INOX India has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does INOX India's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, INOX India ranks #1455 out of 2991 companies for Days Payable. This puts INOX India in the upper half of its industry. The industry median Days Payable is 77.97. INOX India's value of 68.13 is 12.6% below this benchmark. Historically, INOX India's own Days Payable has ranged from 19.93 to 80.10 over the past decade. While the company's 10-year median is 43.83 vs. the industry median of 77.97, INOX India 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 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. INOX India's current Days Payable of 68.13 is 12.6% 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 INOX India and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INOX India's current Days Payable is 68.13, which is 55% above median its own 10-year median of 43.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX India stock overvalued right now?
INOX India (NSE:INOXINDIA) has a current Days Payable of 68.13. The current Days Payable is 68.13, which is 55% above median its 10-year median of 43.83 and 12.6% below the Industrial Products industry median of 77.97. INOX India's overall GF Score™ is 49/100 with 9 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 INOX India (NSE:INOXINDIA), the current Days Payable is 68.13 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.
INOX India Ltd is a manufacturer of cryogenic equipment and cryogenic tanks. The company's products include standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large turnkey projects which are used in diverse industries such as industrial gases, liquified natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and construction. The company generates revenue from India, Korea, France, Japan, Saudi Arabia, and other regions.
49GF Score
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