Manav infra projects (NSE:MANAV) Days Payable: 850.47 (As of Mar. 2026) — 321% Above Median


NSE:MANAV Manav infra projects Ltd NSE:MANAV
78 GF Score
Price ₹34.75
GF Value ₹28.72
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Manav infra projects Days Payable?

Manav infra projects NSE:MANAV 78 Days Payable is 850.47 as of Mar. 2026, which is 321% above its 10-year median of 201.82. GuruFocus rates NSE:MANAV with a GF Score™ of 78/100 and a GF Value™ of ₹28.72 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,709 Construction companies, Manav infra projects ranks better than 97.37% on this metric.

Manav infra projects's average Accounts Payable for the six months ended in Mar. 2026 was ₹46.9 Mil. Manav infra projects's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹20.1 Mil. Hence, Manav infra projects's Days Payable for the six months ended in Mar. 2026 was 425.23.

The historical rank and industry rank for Manav infra projects's Days Payable or its related term are showing as below:

NSE:MANAV' s Days Payable Range Over the Past 10 Years
Min: 86.8   Med: 201.82   Max: 1144.8
Current: 850.47

During the past 13 years, Manav infra projects's highest Days Payable was 1144.80. The lowest was 86.80. And the median was 201.82.

NSE:MANAV's Days Payable is ranked better than
97.37% of 1709 companies
in the Construction industry
Industry Median: 76.67 vs NSE:MANAV: 850.47

Manav infra projects's Days Payable increased from Mar. 2024 (108.07) to Mar. 2026 (850.47). It may suggest that Manav infra projects delayed paying its suppliers.


Manav infra projects Days Payable Historical Data

* Premium members only.

The historical data trend for Manav infra projects'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.

Manav infra projects Days Payable Chart

Manav infra projects Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.86 86.80 108.07 840.27 850.47

Manav infra projects Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 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 163.86 86.80 108.07 840.27 850.47

NSE:MANAV vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Manav infra projects'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.


Manav infra projects Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Manav infra projects's Days Payable distribution charts can be found below:

* The bar in red indicates where Manav infra projects's Days Payable falls into.


NSE:MANAV
78GF Score
Manav infra projects Ltd NSE:MANAV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Manav infra projects 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.

Manav infra projects'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
=( (50.021 + 43.852) / 2 ) / 20.144*365
=46.9365 / 20.144*365
=850.47

Manav infra projects'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (50.021 + 43.852) / 2 ) / 20.144*365 / 2
=46.9365 / 20.144*365 / 2
=425.23

* 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 850.47 mean?
Manav infra projects (NSE:MANAV) has a Days Payable of 850.47 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 Manav infra projects and its competitors. This is 321% above median its historical median of 201.82. Over the past decade, Manav infra projects' Days Payable has ranged from 86.80 to 1,144.80. According to the industry distribution chart, Manav infra projects ranks #45 out of 1709 companies in the Construction industry, placing it in the top 2.6%.
Is Manav infra projects' Days Payable too high?
Manav infra projects' current Days Payable of 850.47 is 321% above median its 10-year median of 201.82. Over the past 10 years, this metric has ranged from a low of 86.80 to a high of 1,144.80. The Construction industry median Days Payable is 76.67. Manav infra projects' value of 850.47 is 1009.3% above this industry median. Based on the distribution chart, Manav infra projects ranks #45 out of 1709 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Manav infra projects has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manav infra projects' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Manav infra projects ranks #45 out of 1709 companies for Days Payable. This places Manav infra projects in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.67. Manav infra projects' value of 850.47 is 1009.3% above this benchmark. Historically, Manav infra projects' own Days Payable has ranged from 86.80 to 1,144.80 over the past decade. While the company's 10-year median is 201.82 vs. the industry median of 76.67, Manav infra projects 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 Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 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. Manav infra projects's current Days Payable of 850.47 is 1009.3% 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 Manav infra projects and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manav infra projects's current Days Payable is 850.47, which is 321% above median its own 10-year median of 201.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manav infra projects stock overvalued right now?
Based on GuruFocus' analysis, Manav infra projects (NSE:MANAV) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹28.72, compared to a current price of ₹34.75 — trading 21% above its estimated fair value. The current Days Payable is 850.47, which is 321% above median its 10-year median of 201.82 and 1009.3% above the Construction industry median of 76.67. Manav infra projects' overall GF Score™ is 78/100 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 Manav infra projects (NSE:MANAV), the current Days Payable is 850.47 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 Manav infra projects (NSE:MANAV) Overvalued in 2026?

Based on GuruFocus' analysis, Manav infra projects stock appears to be overvalued. The current stock price of ₹34.75 is trading 21% above its estimated GF Value™ of ₹28.72. GuruFocus considers Manav infra projects to be Modestly Overvalued.

Key valuation signals for NSE:MANAV:

  • Days Payable: 850.47 (321% above median its 10-year median of 201.82)
  • GF Value™: ₹28.72 vs. price of ₹34.75 (21% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 1009.3% above the Construction median (#45 of 1709)

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


Manav infra projects Business Description

Address Akurli Road, 226, Gundecha Industrial - Complex, Near Growels Mall, Kandivali (East), Mumbai, MH, IND, 400101
Manav infra projects Ltd is s engaged in infrastructure Development, Infrastructure projects, works Contracts, Site preparation and Clearance services to Real estate sector. It involves civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work and others.
78GF Score

Get the complete analysis for NSE:MANAV

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

₹34.75
Price
₹28.72
GF Value