Mandeep Auto Industries (NSE:MANDEEP) Days Payable: 49.34 (As of Mar. 2026) — 22% Below Median


NSE:MANDEEP Mandeep Auto Industries Ltd NSE:MANDEEP
37 GF Score
Price ₹18.40
! 7 Warning Signs
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What is Mandeep Auto Industries Days Payable?

Mandeep Auto Industries NSE:MANDEEP 37 Days Payable is 49.34 as of Mar. 2026, which is 22% below its 10-year median of 63.42. GuruFocus rates NSE:MANDEEP with a GF Score™ of 37/100. The stock has 7 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Mandeep Auto Industries ranks worse than 65.37% on this metric.

Mandeep Auto Industries's average Accounts Payable for the six months ended in Mar. 2026 was ₹43.6 Mil. Mandeep Auto Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹322.3 Mil. Hence, Mandeep Auto Industries's Days Payable for the six months ended in Mar. 2026 was 24.67.

The historical rank and industry rank for Mandeep Auto Industries's Days Payable or its related term are showing as below:

NSE:MANDEEP' s Days Payable Range Over the Past 10 Years
Min: 49.34   Med: 63.42   Max: 116.04
Current: 49.34

During the past 6 years, Mandeep Auto Industries's highest Days Payable was 116.04. The lowest was 49.34. And the median was 63.42.

NSE:MANDEEP's Days Payable is ranked worse than
65.37% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs NSE:MANDEEP: 49.34

Mandeep Auto Industries's Days Payable declined from Mar. 2024 (116.04) to Mar. 2026 (49.34). It may suggest that Mandeep Auto Industries accelerated paying its suppliers.


Mandeep Auto Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Mandeep Auto 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.

Mandeep Auto Industries Days Payable Chart

Mandeep Auto Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 62.15 64.58 116.04 62.26 49.34

Mandeep Auto Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable Get a 7-Day Free Trial 62.15 64.58 116.04 62.26 49.34

NSE:MANDEEP vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Mandeep Auto 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.


Mandeep Auto Industries Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mandeep Auto Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Mandeep Auto Industries's Days Payable falls into.


NSE:MANDEEP
37GF Score
Mandeep Auto Industries Ltd NSE:MANDEEP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mandeep Auto Industries 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.

Mandeep Auto Industries'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
=( (30.046 + 57.078) / 2 ) / 322.284*365
=43.562 / 322.284*365
=49.34

Mandeep Auto Industries'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
=( (30.046 + 57.078) / 2 ) / 322.284*365 / 2
=43.562 / 322.284*365 / 2
=24.67

* 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 49.34 mean?
Mandeep Auto Industries (NSE:MANDEEP) has a Days Payable of 49.34 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 Mandeep Auto Industries and its competitors. This is 22% below median its historical median of 63.42. Over the past decade, Mandeep Auto Industries' Days Payable has ranged from 49.34 to 116.04. According to the industry distribution chart, Mandeep Auto Industries ranks #857 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 65.4%.
Is Mandeep Auto Industries' Days Payable too high?
Mandeep Auto Industries' current Days Payable of 49.34 is 22% below median its 10-year median of 63.42. Over the past 10 years, this metric has ranged from a low of 49.34 to a high of 116.04. The Vehicles & Parts industry median Days Payable is 67.02. Mandeep Auto Industries' value of 49.34 is 26.4% below this industry median. Based on the distribution chart, Mandeep Auto Industries ranks #857 out of 1311 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mandeep Auto Industries has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Mandeep Auto Industries' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mandeep Auto Industries ranks #857 out of 1311 companies for Days Payable. This places Mandeep Auto Industries in the lower half of its industry. The industry median Days Payable is 67.02. Mandeep Auto Industries' value of 49.34 is 26.4% below this benchmark. Historically, Mandeep Auto Industries' own Days Payable has ranged from 49.34 to 116.04 over the past decade. While the company's 10-year median is 63.42 vs. the industry median of 67.02, Mandeep Auto Industries 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,311 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. Mandeep Auto Industries's current Days Payable of 49.34 is 26.4% 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 Mandeep Auto Industries and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mandeep Auto Industries's current Days Payable is 49.34, which is 22% below median its own 10-year median of 63.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandeep Auto Industries stock overvalued right now?
Mandeep Auto Industries (NSE:MANDEEP) has a current Days Payable of 49.34. The current Days Payable is 49.34, which is 22% below median its 10-year median of 63.42 and 26.4% below the Vehicles & Parts industry median of 67.02. Mandeep Auto Industries' overall GF Score™ is 37/100 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 Mandeep Auto Industries (NSE:MANDEEP), the current Days Payable is 49.34 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.

Mandeep Auto Industries Business Description

Address 30 Feet Road, Sector 53, Plot No. 26, Nangla Gujran, Sarurpur Industrial Area, Faridabad, HR, IND, 121001
Mandeep Auto Industries Ltd is engaged in the manufacturing, assembly, trading, import, export, distribution, franchising, and marketing of a wide range of automobile components and accessories. Its product portfolio comprises gears, transmissions, universal joints, springs, leaves, head lamps, sealed beams, induction hardened pins, axles, alloy springs, accessories, and fittings of all kinds. Additionally, the company also operates as a garage operator and showroom owner for motor vehicles, and acts as a supplier and dealer of petrol, electricity, and other forms of motive power. It also provides support and consulting services within the automotive sector. The company operates in a single business segment, the business of trading in automobile parts.
37GF Score

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