Iware Supplychain Services (NSE:IWARE) Days Payable: 16.47 (As of Mar. 2025) — 43% Below Median


NSE:IWARE Iware Supplychain Services Ltd NSE:IWARE
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What is Iware Supplychain Services Days Payable?

Iware Supplychain Services NSE:IWARE -0.55% 13 Days Payable is 16.47 as of Mar. 2025, which is 43% below its 10-year median of 28.89. GuruFocus rates NSE:IWARE with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 964 Transportation companies, Iware Supplychain Services ranks worse than 85.89% on this metric.

Iware Supplychain Services's average Accounts Payable for the six months ended in Mar. 2025 was ₹31.5 Mil. Iware Supplychain Services's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹697.1 Mil. Hence, Iware Supplychain Services's Days Payable for the six months ended in Mar. 2025 was 8.24.

The historical rank and industry rank for Iware Supplychain Services's Days Payable or its related term are showing as below:

NSE:IWARE' s Days Payable Range Over the Past 10 Years
Min: 16.47   Med: 28.89   Max: 31.3
Current: 16.47

During the past 4 years, Iware Supplychain Services's highest Days Payable was 31.30. The lowest was 16.47. And the median was 28.89.

NSE:IWARE's Days Payable is ranked worse than
85.89% of 964 companies
in the Transportation industry
Industry Median: 39.01 vs NSE:IWARE: 16.47

Iware Supplychain Services's Days Payable declined from Mar. 2023 (28.88) to Mar. 2025 (16.47). It may suggest that Iware Supplychain Services accelerated paying its suppliers.


Iware Supplychain Services Days Payable Historical Data

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The historical data trend for Iware Supplychain Services'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.

Iware Supplychain Services Days Payable Chart

Iware Supplychain Services Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Days Payable
31.30 28.88 28.89 16.47

Iware Supplychain Services Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Days Payable 31.30 28.88 28.89 16.47

NSE:IWARE vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, Iware Supplychain Services'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.


Iware Supplychain Services Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Iware Supplychain Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Iware Supplychain Services's Days Payable falls into.


NSE:IWARE
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Iware Supplychain Services Ltd NSE:IWARE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Iware Supplychain Services 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.

Iware Supplychain Services's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (33.932 + 28.992) / 2 ) / 697.113*365
=31.462 / 697.113*365
=16.47

Iware Supplychain Services's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (33.932 + 28.992) / 2 ) / 697.113*365 / 2
=31.462 / 697.113*365 / 2
=8.24

* 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 16.47 mean?
Iware Supplychain Services (NSE:IWARE) has a Days Payable of 16.47 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Iware Supplychain Services and its competitors. This is 43% below median its historical median of 28.89. Over the past decade, Iware Supplychain Services' Days Payable has ranged from 16.47 to 31.30. According to the industry distribution chart, Iware Supplychain Services ranks #828 out of 964 companies in the Transportation industry, placing it in the top 85.9%.
Is Iware Supplychain Services' Days Payable too high?
Iware Supplychain Services' current Days Payable of 16.47 is 43% below median its 10-year median of 28.89. Over the past 10 years, this metric has ranged from a low of 16.47 to a high of 31.30. The Transportation industry median Days Payable is 39.01. Iware Supplychain Services' value of 16.47 is 57.8% below this industry median. Based on the distribution chart, Iware Supplychain Services ranks #828 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Iware Supplychain Services has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Iware Supplychain Services' Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, Iware Supplychain Services ranks #828 out of 964 companies for Days Payable. This places Iware Supplychain Services in the lower half of its industry. The industry median Days Payable is 39.01. Iware Supplychain Services' value of 16.47 is 57.8% below this benchmark. Historically, Iware Supplychain Services' own Days Payable has ranged from 16.47 to 31.30 over the past decade. While the company's 10-year median is 28.89 vs. the industry median of 39.01, Iware Supplychain Services 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 Transportation company?
The median Days Payable among Transportation companies is 39.01, based on 964 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. Iware Supplychain Services's current Days Payable of 16.47 is 57.8% 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 Iware Supplychain Services and its competitors. For the Transportation industry, the median Days Payable is 39.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iware Supplychain Services's current Days Payable is 16.47, which is 43% below median its own 10-year median of 28.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iware Supplychain Services stock overvalued right now?
Iware Supplychain Services (NSE:IWARE) has a current Days Payable of 16.47. The current Days Payable is 16.47, which is 43% below median its 10-year median of 28.89 and 57.8% below the Transportation industry median of 39.01. Iware Supplychain Services' overall GF Score™ is 13/100 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 Iware Supplychain Services (NSE:IWARE), the current Days Payable is 16.47 as of Mar. 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.

Iware Supplychain Services Business Description

Address Prahladnagar Cross Road, S.G. Highway, 7th Floor 707 Iscon Elegance, Near Jain Temple, Ahmedabad, GJ, IND, 380051
Iware Supplychain Services Ltd is an integrated pan India logistics company operating in five different type of services (i) Warehousing (including third-party logistics (3PL) and Carrying & Forwarding Agent), (ii) Transportation (Including Carrying & Forwarding Agent) (iii) Rake Handling Services and (iv) Business Auxiliary Services (v) Rental Income. It operate through network of various business offices situated in the state of Gujarat, West Bengal, Uttar Pradesh, Rajasthan, Punjab, Haryana and Delhi. It provide transportation services through two modes: Road Transport Own Vehicle Fleet and Rail Transport Rake Handling Services.
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