National Highways Infra Trust (NSE:IVNHIT) Days Payable: 1,134.57 (As of Mar. 2026) — 596% Above Median


NSE:IVNHIT National Highways Infra Trust NSE:IVNHIT
53 GF Score
Price ₹167.95
GF Value ₹252.03
Valuation Possible Value Trap
! 7 Warning Signs
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What is National Highways Infra Trust Days Payable?

National Highways Infra Trust NSE:IVNHIT 53 Days Payable is 1,134.57 as of Mar. 2026, which is 596% above its 10-year median of 163.13. GuruFocus rates NSE:IVNHIT with a GF Score™ of 53/100 and a GF Value™ of ₹252.03 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 548 REITs companies, National Highways Infra Trust ranks better than 93.98% on this metric.

National Highways Infra Trust's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,499 Mil. National Highways Infra Trust's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹121 Mil. Hence, National Highways Infra Trust's Days Payable for the three months ended in Mar. 2026 was 1,134.57.

The historical rank and industry rank for National Highways Infra Trust's Days Payable or its related term are showing as below:

NSE:IVNHIT' s Days Payable Range Over the Past 10 Years
Min: 84.92   Med: 163.13   Max: 1012.19
Current: 955.61

During the past 6 years, National Highways Infra Trust's highest Days Payable was 1012.19. The lowest was 84.92. And the median was 163.13.

NSE:IVNHIT's Days Payable is ranked better than
93.98% of 548 companies
in the REITs industry
Industry Median: 119.45 vs NSE:IVNHIT: 955.61

National Highways Infra Trust's Days Payable increased from Mar. 2025 (984.78) to Mar. 2026 (1,134.57). It may suggest that National Highways Infra Trust delayed paying its suppliers.


National Highways Infra Trust Days Payable Historical Data

* Premium members only.

The historical data trend for National Highways Infra Trust'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.

National Highways Infra Trust Days Payable Chart

National Highways Infra Trust Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 163.13 84.92 96.09 759.60 1,012.19

National Highways Infra Trust Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 984.78 814.70 869.71 946.87 1,134.57

NSE:IVNHIT vs EQIX, AMT, DLR: Days Payable Comparison

For the REIT - Specialty subindustry, National Highways Infra Trust'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.


National Highways Infra Trust Days Payable vs REITs Industry

For the REITs industry and Real Estate sector, National Highways Infra Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where National Highways Infra Trust's Days Payable falls into.


NSE:IVNHIT
53GF Score
National Highways Infra Trust NSE:IVNHIT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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National Highways Infra Trust 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.

National Highways Infra Trust'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
=( (1016.86 + 1658.288) / 2 ) / 482.337*365
=1337.574 / 482.337*365
=1,012.19

National Highways Infra Trust'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
=( (1340.283 + 1658.288) / 2 ) / 120.583*365 / 4
=1499.2855 / 120.583*365 / 4
=1,134.57

* 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 1,134.57 mean?
National Highways Infra Trust (NSE:IVNHIT) has a Days Payable of 1,134.57 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 National Highways Infra Trust and its competitors. This is 596% above median its historical median of 163.13. Over the past decade, National Highways Infra Trust's Days Payable has ranged from 84.92 to 1,012.19. According to the industry distribution chart, National Highways Infra Trust ranks #33 out of 548 companies in the REITs industry, placing it in the top 6%.
Is National Highways Infra Trust's Days Payable too high?
National Highways Infra Trust's current Days Payable of 1,134.57 is 596% above median its 10-year median of 163.13. Over the past 10 years, this metric has ranged from a low of 84.92 to a high of 1,012.19. The REITs industry median Days Payable is 119.45. National Highways Infra Trust's value of 1,134.57 is 849.8% above this industry median. Based on the distribution chart, National Highways Infra Trust ranks #33 out of 548 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, National Highways Infra Trust has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Highways Infra Trust's Days Payable compare to EQIX and AMT?
According to the REITs industry distribution chart, National Highways Infra Trust ranks #33 out of 548 companies for Days Payable. This places National Highways Infra Trust in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 119.45. National Highways Infra Trust's value of 1,134.57 is 849.8% above this benchmark. Historically, National Highways Infra Trust's own Days Payable has ranged from 84.92 to 1,012.19 over the past decade. While the company's 10-year median is 163.13 vs. the industry median of 119.45, National Highways Infra Trust 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 REITs company?
The median Days Payable among REITs companies is 119.45, based on 548 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. National Highways Infra Trust's current Days Payable of 1,134.57 is 849.8% 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 National Highways Infra Trust and its competitors. For the REITs industry, the median Days Payable is 119.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Highways Infra Trust's current Days Payable is 1,134.57, which is 596% above median its own 10-year median of 163.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Highways Infra Trust stock overvalued right now?
Based on GuruFocus' analysis, National Highways Infra Trust (NSE:IVNHIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹252.03, compared to a current price of ₹167.95 — trading 33.4% below its estimated fair value. The current Days Payable is 1,134.57, which is 596% above median its 10-year median of 163.13 and 849.8% above the REITs industry median of 119.45. National Highways Infra Trust's overall GF Score™ is 53/100 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 National Highways Infra Trust (NSE:IVNHIT), the current Days Payable is 1,134.57 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 National Highways Infra Trust (NSE:IVNHIT) Overvalued in 2026?

Based on GuruFocus' analysis, National Highways Infra Trust stock appears to be undervalued. The current stock price of ₹167.95 is trading 33.4% below its estimated GF Value™ of ₹252.03. GuruFocus considers National Highways Infra Trust to be Possible Value Trap.

Key valuation signals for NSE:IVNHIT:

  • Days Payable: 1,134.57 (596% above median its 10-year median of 163.13)
  • GF Value™: ₹252.03 vs. price of ₹167.95 (33.4% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 849.8% above the REITs median (#33 of 548)

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


National Highways Infra Trust Business Description

Industry Real EstateREITs
Other Exchanges 543385:India
Address G-5 & 6, Sector-10, Dwarka, New Delhi, IND, 110 075
National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles. Its projects include the Abu Road Project, Swaroopganj Project, Kota & Chittorgarh Bypass Project, Kurnool Highway Project, and Belgaum Project.
53GF Score

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

₹167.95
Price
₹252.03
GF Value