Max IndiaNSE:MAXIND +0.58%71 Days Payable is 186.75 as of Mar. 2026, which is 30% below its 10-year median of 264.96. GuruFocus rates NSE:MAXIND with a GF Score™ of 71/100 and a GF Value™ of ₹205.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 605 Healthcare Providers & Services companies, Max India ranks better than 86.28% on this metric.
Max India's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹342 Mil. Max India's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹167 Mil.
Hence, Max India's Days Payable for the
three
months ended in Mar. 2026 was 186.75.
The historical rank and industry rank for Max India's Days Payable or its related term are showing as below:
NSE:MAXIND'
s Days Payable Range Over the Past 10 Years
Min: 40.75 Med: 264.96 Max: 513.4
Current: 229
During the past 10 years, Max India's highest Days Payable was 513.40. The lowest was 40.75. And the median was 264.96.
NSE:MAXIND's Days Payable is ranked better than 86.28% of 605
companies
in the Healthcare Providers & Services industry
Industry Median: 57.51
vs NSE:MAXIND: 229.00
Max India's Days Payable
declined
from Mar. 2025 (204.75) to Mar. 2026 (186.75).
It may suggest that Max Indiaaccelerated paying its suppliers.
Max India Days Payable Related Terms
Max India Days Payable Historical Data
* Premium members only.
The historical data trend for Max India'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:MAXIND vs HCA, THC, DVA: Days Payable Comparison
For the Medical Care Facilities subindustry, Max India'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.
Max India Days Payable vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Max India's Days Payable distribution charts can be found below:
* The bar in red indicates where Max India'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.
Max India'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.
Max India (NSE:MAXIND) has a Days Payable of 186.75 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 Max India and its competitors. This is 30% below median its historical median of 264.96. Over the past decade, Max India's Days Payable has ranged from 40.75 to 513.40. According to the industry distribution chart, Max India ranks #83 out of 605 companies in the Healthcare Providers & Services industry, placing it in the top 13.7%.
Is Max India's Days Payable too high?
Max India's current Days Payable of 186.75 is 30% below median its 10-year median of 264.96. Over the past 10 years, this metric has ranged from a low of 40.75 to a high of 513.40. The Healthcare Providers & Services industry median Days Payable is 57.51. Max India's value of 186.75 is 224.7% above this industry median. Based on the distribution chart, Max India ranks #83 out of 605 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Max India has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Max India's Days Payable compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Max India ranks #83 out of 605 companies for Days Payable. This places Max India in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.51. Max India's value of 186.75 is 224.7% above this benchmark. Historically, Max India's own Days Payable has ranged from 40.75 to 513.40 over the past decade. While the company's 10-year median is 264.96 vs. the industry median of 57.51, Max India 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.51, based on 605 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. Max India's current Days Payable of 186.75 is 224.7% 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 Max India and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max India's current Days Payable is 186.75, which is 30% below median its own 10-year median of 264.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max India stock overvalued right now?
Based on GuruFocus' analysis, Max India (NSE:MAXIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹205.33, compared to a current price of ₹159.56 — trading 22.3% below its estimated fair value. The current Days Payable is 186.75, which is 30% below median its 10-year median of 264.96 and 224.7% above the Healthcare Providers & Services industry median of 57.51. Max India's overall GF Score™ is 71/100 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 Max India (NSE:MAXIND), the current Days Payable is 186.75 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 Max India (NSE:MAXIND) Overvalued in 2026?
Based on GuruFocus' analysis, Max India stock appears to be undervalued.
The current stock price of ₹159.56 is trading 22.3% below its estimated GF Value™ of ₹205.33.
GuruFocus considers Max India to be Modestly Undervalued.
Key valuation signals for NSE:MAXIND:
Days Payable: 186.75 (30% below median its 10-year median of 264.96)
GF Value™: ₹205.33 vs. price of ₹159.56 (22.3% below fair value)
Industry Position: 224.7% above the Healthcare Providers & Services median (#83 of 605)
No single metric tells the full story. See the NSE:MAXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Max India Ltd is a multi-business corporate that operates in the healthcare sector. The company provides healthcare services. Also, the company provides health insurance policies, senior-living communities, and other health-related training services. The business operates in four segments namely, Business Investments, Senior Living, Assisted Care, and Other. It derives maximum revenue from Senior Living segment.
71GF Score
Get the complete analysis for NSE:MAXIND
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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