Innovative Tyres & TubesNSE:ITTL 42 Days Payable is 123.79 as of Sep. 2025, which is 17% above its 10-year median of 105.36. GuruFocus rates NSE:ITTL with a GF Score™ of 42/100 and a GF Value™ of ₹66.82 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Innovative Tyres & Tubes ranks better than 75.36% on this metric.
* 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.
For the Auto Parts subindustry, Innovative Tyres & Tubes'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.
Innovative Tyres & Tubes Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Innovative Tyres & Tubes's Days Payable distribution charts can be found below:
* The bar in red indicates where Innovative Tyres & Tubes'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.
Innovative Tyres & Tubes's Days Payable for the fiscal year that ended in Mar. 2025 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.
Innovative Tyres & Tubes (NSE:ITTL) has a Days Payable of 123.79 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Innovative Tyres & Tubes and its competitors. This is 17% above median its historical median of 105.36. Over the past decade, Innovative Tyres & Tubes' Days Payable has ranged from 48.89 to 4,274.07. According to the industry distribution chart, Innovative Tyres & Tubes ranks #323 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 24.6%.
Is Innovative Tyres & Tubes' Days Payable too high?
Innovative Tyres & Tubes' current Days Payable of 123.79 is 17% above median its 10-year median of 105.36. Over the past 10 years, this metric has ranged from a low of 48.89 to a high of 4,274.07. The Vehicles & Parts industry median Days Payable is 67.02. Innovative Tyres & Tubes' value of 123.79 is 84.7% above this industry median. Based on the distribution chart, Innovative Tyres & Tubes ranks #323 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Innovative Tyres & Tubes has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tyres & Tubes' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Innovative Tyres & Tubes ranks #323 out of 1311 companies for Days Payable. This places Innovative Tyres & Tubes in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.02. Innovative Tyres & Tubes' value of 123.79 is 84.7% above this benchmark. Historically, Innovative Tyres & Tubes' own Days Payable has ranged from 48.89 to 4,274.07 over the past decade. While the company's 10-year median is 105.36 vs. the industry median of 67.02, Innovative Tyres & Tubes 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,311 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. Innovative Tyres & Tubes's current Days Payable of 123.79 is 84.7% 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 Innovative Tyres & Tubes and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Tyres & Tubes's current Days Payable is 123.79, which is 17% above median its own 10-year median of 105.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tyres & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tyres & Tubes (NSE:ITTL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹66.82, compared to a current price of ₹76.50 — trading 14.5% above its estimated fair value. The current Days Payable is 123.79, which is 17% above median its 10-year median of 105.36 and 84.7% above the Vehicles & Parts industry median of 67.02. Innovative Tyres & Tubes' overall GF Score™ is 42/100 with 6 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 Innovative Tyres & Tubes (NSE:ITTL), the current Days Payable is 123.79 as of Sep. 2025. 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 Innovative Tyres & Tubes (NSE:ITTL) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Tyres & Tubes stock appears to be overvalued.
The current stock price of ₹76.50 is trading 14.5% above its estimated GF Value™ of ₹66.82.
GuruFocus considers Innovative Tyres & Tubes to be Modestly Overvalued.
Key valuation signals for NSE:ITTL:
Days Payable: 123.79 (17% above median its 10-year median of 105.36)
GF Value™: ₹66.82 vs. price of ₹76.50 (14.5% above fair value)
Industry Position: 84.7% above the Vehicles & Parts median (#323 of 1311)
No single metric tells the full story. See the NSE:ITTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Tyres & Tubes Ltd is a manufacturer and exporter of Bias Tyres in India, generating the majority of its revenue domestically. The company offers a product portfolio across the Truck/Bus, Agricultural & OTR, and Motorcycle/3-wheeler segments from two nearby manufacturing units. Its product range includes tyres for light motorcycles up to heavy off-the-road mining vehicles. The company serves both domestic and export markets, supplying to over 40 countries and partnering with brands in India. Its product lineup includes mining tyres, agriculture tyres, motorcycle and scooter tyres, three-wheeler and passenger vehicle tyres, light-truck, truck and bus tyres, and special-purpose tyres.
42GF Score
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