* 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 Asset Management subindustry, Lakshmi Finance & Industrial'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.
Lakshmi Finance & Industrial Days Payable vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Lakshmi Finance & Industrial's Days Payable distribution charts can be found below:
* The bar in red indicates where Lakshmi Finance & Industrial's Days Payable falls into.
Lakshmi Finance & Industrial 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.
* 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.
Lakshmi Finance & Industrial (NSE:LFIC) has a Days Payable of 2.34 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 Lakshmi Finance & Industrial and its competitors. This is 59% above median its historical median of 1.47. Over the past decade, Lakshmi Finance & Industrial's Days Payable has ranged from 0.46 to 3.68. According to the industry distribution chart, Lakshmi Finance & Industrial ranks #461 out of 484 companies in the Asset Management industry, placing it in the top 95.2%.
Is Lakshmi Finance & Industrial's Days Payable too high?
Lakshmi Finance & Industrial's current Days Payable of 2.34 is 59% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 3.68. The Asset Management industry median Days Payable is 70.53. Lakshmi Finance & Industrial's value of 2.34 is 96.7% below this industry median. Based on the distribution chart, Lakshmi Finance & Industrial ranks #461 out of 484 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Lakshmi Finance & Industrial has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lakshmi Finance & Industrial's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Lakshmi Finance & Industrial ranks #461 out of 484 companies for Days Payable. This places Lakshmi Finance & Industrial in the lower half of its industry. The industry median Days Payable is 70.53. Lakshmi Finance & Industrial's value of 2.34 is 96.7% below this benchmark. Historically, Lakshmi Finance & Industrial's own Days Payable has ranged from 0.46 to 3.68 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 70.53, Lakshmi Finance & Industrial 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 an Asset Management company?
The median Days Payable among Asset Management companies is 70.53, based on 484 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. Lakshmi Finance & Industrial's current Days Payable of 2.34 is 96.7% 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 Lakshmi Finance & Industrial and its competitors. For the Asset Management industry, the median Days Payable is 70.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakshmi Finance & Industrial's current Days Payable is 2.34, which is 59% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Finance & Industrial stock overvalued right now?
Based on GuruFocus' analysis, Lakshmi Finance & Industrial (NSE:LFIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹193.32, compared to a current price of ₹145.01 — trading 25% below its estimated fair value. The current Days Payable is 2.34, which is 59% above median its 10-year median of 1.47 and 96.7% below the Asset Management industry median of 70.53. Lakshmi Finance & Industrial's overall GF Score™ is 78/100 with 5 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 Lakshmi Finance & Industrial (NSE:LFIC), the current Days Payable is 2.34 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 Lakshmi Finance & Industrial (NSE:LFIC) Overvalued in 2026?
Based on GuruFocus' analysis, Lakshmi Finance & Industrial stock appears to be undervalued.
The current stock price of ₹145.01 is trading 25% below its estimated GF Value™ of ₹193.32.
GuruFocus considers Lakshmi Finance & Industrial to be Modestly Undervalued.
Key valuation signals for NSE:LFIC:
Days Payable: 2.34 (59% above median its 10-year median of 1.47)
GF Value™: ₹193.32 vs. price of ₹145.01 (25% below fair value)
Industry Position: 96.7% below the Asset Management median (#461 of 484)
No single metric tells the full story. See the NSE:LFIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lakshmi Finance & Industrial Corp Ltd is an India-based non-banking finance company. The company is involved in financial activities mainly in long-term investments such as equity shares and mutual funds. The company is also engaged in leasing, hire purchase, bill discounting, and corporate finance.
78GF Score
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