Ishan International (NSE:ISHAN) Days Payable: 193.96 (As of Mar. 2026) — 120% Above Median

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NSE:ISHAN Ishan International Ltd NSE:ISHAN
40 GF Score
Price ₹0.45
GF Value ₹0.45
Valuation Fairly Valued
! 8 Warning Signs
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What is Ishan International Days Payable?

Ishan International NSE:ISHAN 40 Days Payable is 193.96 as of Mar. 2026, which is 120% above its 10-year median of 88.05. GuruFocus rates NSE:ISHAN with a GF Score™ of 40/100 and a GF Value™ of ₹0.45 (Fairly Valued). The stock has 8 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Ishan International ranks better than 96.65% on this metric.

Ishan International's average Accounts Payable for the six months ended in Mar. 2026 was ₹115.9 Mil. Ishan International's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹109.1 Mil. Hence, Ishan International's Days Payable for the six months ended in Mar. 2026 was 193.96.

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

NSE:ISHAN' s Days Payable Range Over the Past 10 Years
Min: 32.52   Med: 88.05   Max: 366.7
Current: 362.35

During the past 7 years, Ishan International's highest Days Payable was 366.70. The lowest was 32.52. And the median was 88.05.

NSE:ISHAN's Days Payable is ranked better than
96.65% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13 vs NSE:ISHAN: 362.35

Ishan International's Days Payable increased from Mar. 2025 (99.88) to Mar. 2026 (193.96). It may suggest that Ishan International delayed paying its suppliers.


Ishan International Days Payable Historical Data

* Premium members only.

The historical data trend for Ishan 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.

Ishan International Days Payable Chart

Ishan International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 32.52 44.97 88.05 120.92 366.70

Ishan International Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.21 39.92 99.88 542.17 193.96

NSE:ISHAN vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Ishan 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.


Ishan International Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ishan International's Days Payable distribution charts can be found below:

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


NSE:ISHAN
40GF Score
Ishan International Ltd NSE:ISHAN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ishan 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.

Ishan 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
=( (389.728 + 29.641) / 2 ) / 208.714*365
=209.6845 / 208.714*365
=366.70

Ishan 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (202.23 + 29.641) / 2 ) / 109.084*365 / 2
=115.9355 / 109.084*365 / 2
=193.96

* 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 193.96 mean?
Ishan International (NSE:ISHAN) has a Days Payable of 193.96 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 Ishan International and its competitors. This is 120% above median its historical median of 88.05. Over the past decade, Ishan International's Days Payable has ranged from 32.52 to 366.70. According to the industry distribution chart, Ishan International ranks #7 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 3.3%.
Is Ishan International's Days Payable too high?
Ishan International's current Days Payable of 193.96 is 120% above median its 10-year median of 88.05. Over the past 10 years, this metric has ranged from a low of 32.52 to a high of 366.70. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Ishan International's value of 193.96 is 184.7% above this industry median. Based on the distribution chart, Ishan International ranks #7 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Ishan International has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ishan International's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ishan International ranks #7 out of 209 companies for Days Payable. This places Ishan International in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 68.13. Ishan International's value of 193.96 is 184.7% above this benchmark. Historically, Ishan International's own Days Payable has ranged from 32.52 to 366.70 over the past decade. While the company's 10-year median is 88.05 vs. the industry median of 68.13, Ishan International 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 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. Ishan International's current Days Payable of 193.96 is 184.7% 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 Ishan International and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishan International's current Days Payable is 193.96, which is 120% above median its own 10-year median of 88.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan International stock overvalued right now?
Based on GuruFocus' analysis, Ishan International (NSE:ISHAN) is currently considered Fairly Valued. The stock's GF Value™ is ₹0.45, compared to a current price of ₹0.45 — trading right at its estimated fair value. The current Days Payable is 193.96, which is 120% above median its 10-year median of 88.05 and 184.7% above the Farm & Heavy Construction Machinery industry median of 68.13. Ishan International's overall GF Score™ is 40/100 with 8 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 Ishan International (NSE:ISHAN), the current Days Payable is 193.96 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 Ishan International (NSE:ISHAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ishan International stock appears to be undervalued. The current stock price of ₹0.45 is trading 0% below its estimated GF Value™ of ₹0.45. GuruFocus considers Ishan International to be Fairly Valued.

Key valuation signals for NSE:ISHAN:

  • Days Payable: 193.96 (120% above median its 10-year median of 88.05)
  • GF Value™: ₹0.45 vs. price of ₹0.45 (0% below fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 184.7% above the Farm & Heavy Construction Machinery median (#7 of 209)

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


Ishan International Business Description

Address 1616, WTT Building, Sector 16, Noida, UP, IND, 201301
Ishan International Ltd is a heavy engineering company. It is engaged in the business of EPC contracting and building projects that focus on supplying machines, erection/installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.
40GF Score

Get the complete analysis for NSE:ISHAN

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

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