Manba FinanceNSE:MANBA +0.61%47 Days Payable is 2.16 as of Mar. 2026, which is 84% below its 10-year median of 13.26. GuruFocus rates NSE:MANBA with a GF Score™ of 47/100. The stock has 7 warning signs investors should review. Among 300 Credit Services companies, Manba Finance ranks worse than 90% on this metric.
The historical rank and industry rank for Manba Finance's Days Payable or its related term are showing as below:
NSE:MANBA'
s Days Payable Range Over the Past 10 Years
Min: 2.23 Med: 13.26 Max: 44.61
Current: 2.42
During the past 6 years, Manba Finance's highest Days Payable was 44.61. The lowest was 2.23. And the median was 13.26.
NSE:MANBA's Days Payable is ranked worse than 90% of 300
companies
in the Credit Services industry
Industry Median: 33.92
vs NSE:MANBA: 2.42
Manba Finance's Days Payable
declined
from Mar. 2025 (2.55) to Mar. 2026 (2.16).
It may suggest that Manba Financeaccelerated paying its suppliers.
Manba Finance Days Payable Related Terms
Manba Finance Days Payable Historical Data
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The historical data trend for Manba Finance'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.
For the Credit Services subindustry, Manba Finance'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.
Manba Finance Days Payable vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Manba Finance's Days Payable distribution charts can be found below:
* The bar in red indicates where Manba Finance'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.
Manba Finance'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.
Manba Finance (NSE:MANBA) has a Days Payable of 2.16 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 Manba Finance and its competitors. This is 84% below median its historical median of 13.26. Over the past decade, Manba Finance's Days Payable has ranged from 2.23 to 44.61. According to the industry distribution chart, Manba Finance ranks #270 out of 300 companies in the Credit Services industry, placing it in the top 90%.
Is Manba Finance's Days Payable too high?
Manba Finance's current Days Payable of 2.16 is 84% below median its 10-year median of 13.26. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 44.61. The Credit Services industry median Days Payable is 33.92. Manba Finance's value of 2.16 is 93.6% below this industry median. Based on the distribution chart, Manba Finance ranks #270 out of 300 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Manba Finance has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Manba Finance's Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Manba Finance ranks #270 out of 300 companies for Days Payable. This places Manba Finance in the lower half of its industry. The industry median Days Payable is 33.92. Manba Finance's value of 2.16 is 93.6% below this benchmark. Historically, Manba Finance's own Days Payable has ranged from 2.23 to 44.61 over the past decade. While the company's 10-year median is 13.26 vs. the industry median of 33.92, Manba Finance 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.92, based on 300 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. Manba Finance's current Days Payable of 2.16 is 93.6% 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 Manba Finance and its competitors. For the Credit Services industry, the median Days Payable is 33.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manba Finance's current Days Payable is 2.16, which is 84% below median its own 10-year median of 13.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manba Finance stock overvalued right now?
Manba Finance (NSE:MANBA) has a current Days Payable of 2.16. The current Days Payable is 2.16, which is 84% below median its 10-year median of 13.26 and 93.6% below the Credit Services industry median of 33.92. Manba Finance's overall GF Score™ is 47/100 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 Manba Finance (NSE:MANBA), the current Days Payable is 2.16 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.
Manba Finance Ltd is a non-banking finance company offering financial solutions for new two-wheelers, three-wheelers, electric two-wheelers, electric three-wheelers, used cars, small business loans, and personal loans. The company's target customers are mainly employees and the self-employed. The company has branches in urban, semi-urban, and metropolitan cities and towns, serving the surrounding rural areas. It has established relationships with more than 1,100 dealers, including more than 190 EV dealers in Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh.
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