Lumax IndustriesNSE:LUMAXIND -0.75%85 Days Payable is 118.58 as of Mar. 2026, which is 12% below its 10-year median of 135.43. GuruFocus rates NSE:LUMAXIND with a GF Score™ of 85/100 and a GF Value™ of ₹4,356.91 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Lumax Industries ranks better than 76.22% on this metric.
The historical rank and industry rank for Lumax Industries's Days Payable or its related term are showing as below:
NSE:LUMAXIND'
s Days Payable Range Over the Past 10 Years
Min: 118.99 Med: 135.43 Max: 144.51
Current: 118.99
During the past 13 years, Lumax Industries's highest Days Payable was 144.51. The lowest was 118.99. And the median was 135.43.
NSE:LUMAXIND's Days Payable is ranked better than 76.22% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 67.035
vs NSE:LUMAXIND: 118.99
Lumax Industries's Days Payable
increased
from Mar. 2025 (118.29) to Mar. 2026 (118.58).
It may suggest that Lumax Industriesdelayed paying its suppliers.
Lumax Industries Days Payable Related Terms
Lumax Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Lumax Industries'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.
NSE:LUMAXIND vs ORLY, AZO: Days Payable Comparison
For the Auto Parts subindustry, Lumax Industries'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.
Lumax Industries Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Lumax Industries'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.
Lumax Industries's Days Payable for the fiscal year that ended in Mar. 2026 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.
Lumax Industries (NSE:LUMAXIND) has a Days Payable of 118.58 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 Lumax Industries and its competitors. This is 12% below median its historical median of 135.43. Over the past decade, Lumax Industries' Days Payable has ranged from 118.99 to 144.51. According to the industry distribution chart, Lumax Industries ranks #311 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 23.8%.
Is Lumax Industries' Days Payable too high?
Lumax Industries' current Days Payable of 118.58 is 12% below median its 10-year median of 135.43. Over the past 10 years, this metric has ranged from a low of 118.99 to a high of 144.51. The Vehicles & Parts industry median Days Payable is 67.04. Lumax Industries' value of 118.58 is 76.9% above this industry median. Based on the distribution chart, Lumax Industries ranks #311 out of 1308 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Lumax Industries has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumax Industries' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lumax Industries ranks #311 out of 1308 companies for Days Payable. This places Lumax Industries in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.04. Lumax Industries' value of 118.58 is 76.9% above this benchmark. Historically, Lumax Industries' own Days Payable has ranged from 118.99 to 144.51 over the past decade. While the company's 10-year median is 135.43 vs. the industry median of 67.04, Lumax Industries 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 67.04, based on 1,308 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. Lumax Industries's current Days Payable of 118.58 is 76.9% 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 Lumax Industries and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumax Industries's current Days Payable is 118.58, which is 12% below median its own 10-year median of 135.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumax Industries stock overvalued right now?
Based on GuruFocus' analysis, Lumax Industries (NSE:LUMAXIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹4,356.91, compared to a current price of ₹5,340.00 — trading 22.6% above its estimated fair value. The current Days Payable is 118.58, which is 12% below median its 10-year median of 135.43 and 76.9% above the Vehicles & Parts industry median of 67.04. Lumax Industries' overall GF Score™ is 85/100 with 3 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 Lumax Industries (NSE:LUMAXIND), the current Days Payable is 118.58 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 Lumax Industries (NSE:LUMAXIND) Overvalued in 2026?
Based on GuruFocus' analysis, Lumax Industries stock appears to be overvalued.
The current stock price of ₹5,340.00 is trading 22.6% above its estimated GF Value™ of ₹4,356.91.
GuruFocus considers Lumax Industries to be Modestly Overvalued.
Key valuation signals for NSE:LUMAXIND:
Days Payable: 118.58 (12% below median its 10-year median of 135.43)
GF Value™: ₹4,356.91 vs. price of ₹5,340.00 (22.6% above fair value)
Industry Position: 76.9% above the Vehicles & Parts median (#311 of 1308)
No single metric tells the full story. See the NSE:LUMAXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumax Industries Ltd is engaged in the business of manufacturing various types of Automotive lighting equipment for four-wheelers and two-wheeler applications in India. The Company's business activity falls within a single business segment, which is the manufacturing and trading of Automotive Components. It provides automotive lighting equipment that includes head lamps, tail lamps, sundry lamps, and auxiliary lamps. Geographically, the company caters its services to the domestic and overseas markets, of which a majority of revenue is derived within India.
85GF Score
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