IRCON International (NSE:IRCON) Days Payable: 38.70 (As of Mar. 2026) — 24% Below Median


NSE:IRCON IRCON International Ltd NSE:IRCON
82 GF Score
Price ₹134.16
GF Value ₹154.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is IRCON International Days Payable?

IRCON International NSE:IRCON -1.11% 82 Days Payable is 38.70 as of Mar. 2026, which is 24% below its 10-year median of 50.66. GuruFocus rates NSE:IRCON with a GF Score™ of 82/100 and a GF Value™ of ₹154.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,710 Construction companies, IRCON International ranks worse than 72.92% on this metric.

IRCON International's average Accounts Payable for the three months ended in Mar. 2026 was ₹12,013 Mil. IRCON International's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹28,326 Mil. Hence, IRCON International's Days Payable for the three months ended in Mar. 2026 was 38.70.

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

NSE:IRCON' s Days Payable Range Over the Past 10 Years
Min: 28.51   Med: 50.66   Max: 716.32
Current: 47.88

During the past 13 years, IRCON International's highest Days Payable was 716.32. The lowest was 28.51. And the median was 50.66.

NSE:IRCON's Days Payable is ranked worse than
72.92% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs NSE:IRCON: 47.88

IRCON International's Days Payable increased from Mar. 2025 (37.23) to Mar. 2026 (38.70). It may suggest that IRCON International delayed paying its suppliers.


IRCON International Days Payable Historical Data

* Premium members only.

The historical data trend for IRCON International'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.

IRCON International Days Payable Chart

IRCON International Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.09 36.04 28.51 41.07 56.32

IRCON International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.23 76.25 35.21 32.91 38.70

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

For the Engineering & Construction subindustry, IRCON International'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.


IRCON International Days Payable vs Construction Industry

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

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


NSE:IRCON
82GF Score
IRCON International Ltd NSE:IRCON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IRCON International 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.

IRCON International'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
=( (12573 + 12012.7) / 2 ) / 79674.7*365
=12292.85 / 79674.7*365
=56.32

IRCON International'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 + 12012.7) / 1 ) / 28326.4*365 / 4
=12012.7 / 28326.4*365 / 4
=38.70

* 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 38.70 mean?
IRCON International (NSE:IRCON) has a Days Payable of 38.70 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 IRCON International and its competitors. This is 24% below median its historical median of 50.66. Over the past decade, IRCON International's Days Payable has ranged from 28.51 to 716.32. According to the industry distribution chart, IRCON International ranks #1247 out of 1710 companies in the Construction industry, placing it in the top 72.9%.
Is IRCON International's Days Payable too high?
IRCON International's current Days Payable of 38.70 is 24% below median its 10-year median of 50.66. Over the past 10 years, this metric has ranged from a low of 28.51 to a high of 716.32. The Construction industry median Days Payable is 76.79. IRCON International's value of 38.70 is 49.6% below this industry median. Based on the distribution chart, IRCON International ranks #1247 out of 1710 companies in the Construction industry, which is below the industry midpoint. Overall, IRCON International has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRCON International's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, IRCON International ranks #1247 out of 1710 companies for Days Payable. This places IRCON International in the lower half of its industry. The industry median Days Payable is 76.79. IRCON International's value of 38.70 is 49.6% below this benchmark. Historically, IRCON International's own Days Payable has ranged from 28.51 to 716.32 over the past decade. While the company's 10-year median is 50.66 vs. the industry median of 76.79, IRCON International 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 76.79, based on 1,710 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. IRCON International's current Days Payable of 38.70 is 49.6% 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 IRCON International and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRCON International's current Days Payable is 38.70, which is 24% below median its own 10-year median of 50.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRCON International stock overvalued right now?
Based on GuruFocus' analysis, IRCON International (NSE:IRCON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹154.81, compared to a current price of ₹134.16 — trading 13.3% below its estimated fair value. The current Days Payable is 38.70, which is 24% below median its 10-year median of 50.66 and 49.6% below the Construction industry median of 76.79. IRCON International's overall GF Score™ is 82/100 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 IRCON International (NSE:IRCON), the current Days Payable is 38.70 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.

Is IRCON International (NSE:IRCON) Overvalued in 2026?

Based on GuruFocus' analysis, IRCON International stock appears to be undervalued. The current stock price of ₹134.16 is trading 13.3% below its estimated GF Value™ of ₹154.81. GuruFocus considers IRCON International to be Modestly Undervalued.

Key valuation signals for NSE:IRCON:

  • Days Payable: 38.70 (24% below median its 10-year median of 50.66)
  • GF Value™: ₹154.81 vs. price of ₹134.16 (13.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 49.6% below the Construction median (#1247 of 1710)

No single metric tells the full story. See the NSE:IRCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRCON International Business Description

Other Exchanges 541956:India
Address Plot No. C-4, District Centre, Saket, New Delhi, IND, 110017
IRCON International Ltd is an India-based integrated engineering and construction company having expertise in infrastructure sectors, including railways, highways, bridges, flyovers, tunnels, metro, railway electrification, EHV sub-stations, electrical and mechanical works, commercial and residential buildings, railway production units, and others. It offers Engineering Procurement and Construction (EPC) services on a lump sum, turnkey, EPC, and item-rate basis for various infrastructure projects. Its geographic segments are International and Domestic, in which it derives a majority of its revenue from India.
82GF Score

Get the complete analysis for NSE:IRCON

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹134.16
Price
₹154.81
GF Value