Modis Navnirman (NSE:MODIS) Days Payable: 97.09 (As of Mar. 2026) — 92% Above Median


NSE:MODIS Modis Navnirman Ltd NSE:MODIS
62 GF Score
Price ₹335.15
GF Value ₹780.57
Valuation Possible Value Trap
! 6 Warning Signs
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What is Modis Navnirman Days Payable?

Modis Navnirman NSE:MODIS +0.45% 62 Days Payable is 97.09 as of Mar. 2026, which is 92% above its 10-year median of 50.48. GuruFocus rates NSE:MODIS with a GF Score™ of 62/100 and a GF Value™ of ₹780.57 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,569 Real Estate companies, Modis Navnirman ranks better than 52.39% on this metric.

Modis Navnirman's average Accounts Payable for the three months ended in Mar. 2026 was ₹483 Mil. Modis Navnirman's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹454 Mil. Hence, Modis Navnirman's Days Payable for the three months ended in Mar. 2026 was 97.09.

The historical rank and industry rank for Modis Navnirman's Days Payable or its related term are showing as below:

NSE:MODIS' s Days Payable Range Over the Past 10 Years
Min: 17.55   Med: 50.48   Max: 441.32
Current: 101.96

During the past 7 years, Modis Navnirman's highest Days Payable was 441.32. The lowest was 17.55. And the median was 50.48.

NSE:MODIS's Days Payable is ranked better than
52.39% of 1569 companies
in the Real Estate industry
Industry Median: 94.38 vs NSE:MODIS: 101.96

Modis Navnirman's Days Payable increased from Dec. 2024 (34.19) to Mar. 2026 (97.09). It may suggest that Modis Navnirman delayed paying its suppliers.


Modis Navnirman Days Payable Historical Data

* Premium members only.

The historical data trend for Modis Navnirman'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.

Modis Navnirman Days Payable Chart

Modis Navnirman Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 441.32 63.38 44.70 48.48 74.84

Modis Navnirman Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.19 150.36 0.00 21.87 97.09

Modis Navnirman Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Modis Navnirman'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.


Modis Navnirman Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Modis Navnirman's Days Payable distribution charts can be found below:

* The bar in red indicates where Modis Navnirman's Days Payable falls into.


NSE:MODIS
62GF Score
Modis Navnirman Ltd NSE:MODIS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Modis Navnirman 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.

Modis Navnirman'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
=( (119.796 + 483.342) / 2 ) / 1470.753*365
=301.569 / 1470.753*365
=74.84

Modis Navnirman'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 483.342) / 1 ) / 454.271*365 / 4
=483.342 / 454.271*365 / 4
=97.09

* 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 97.09 mean?
Modis Navnirman (NSE:MODIS) has a Days Payable of 97.09 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 Modis Navnirman and its competitors. This is 92% above median its historical median of 50.48. Over the past decade, Modis Navnirman's Days Payable has ranged from 17.55 to 441.32. According to the industry distribution chart, Modis Navnirman ranks #747 out of 1569 companies in the Real Estate industry, placing it in the top 47.6%.
Is Modis Navnirman's Days Payable too high?
Modis Navnirman's current Days Payable of 97.09 is 92% above median its 10-year median of 50.48. Over the past 10 years, this metric has ranged from a low of 17.55 to a high of 441.32. The Real Estate industry median Days Payable is 94.38. Modis Navnirman's value of 97.09 is 2.9% above this industry median. Based on the distribution chart, Modis Navnirman ranks #747 out of 1569 companies in the Real Estate industry, which is above the industry midpoint. Overall, Modis Navnirman has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modis Navnirman's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Modis Navnirman ranks #747 out of 1569 companies for Days Payable. This puts Modis Navnirman in the upper half of its industry. The industry median Days Payable is 94.38. Modis Navnirman's value of 97.09 is 2.9% above this benchmark. Historically, Modis Navnirman's own Days Payable has ranged from 17.55 to 441.32 over the past decade. While the company's 10-year median is 50.48 vs. the industry median of 94.38, Modis Navnirman 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,569 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. Modis Navnirman's current Days Payable of 97.09 is 2.9% 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 Modis Navnirman and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modis Navnirman's current Days Payable is 97.09, which is 92% above median its own 10-year median of 50.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modis Navnirman stock overvalued right now?
Based on GuruFocus' analysis, Modis Navnirman (NSE:MODIS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹780.57, compared to a current price of ₹335.15 — trading 57.1% below its estimated fair value. The current Days Payable is 97.09, which is 92% above median its 10-year median of 50.48 and 2.9% above the Real Estate industry median of 94.38. Modis Navnirman's overall GF Score™ is 62/100 with 6 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 Modis Navnirman (NSE:MODIS), the current Days Payable is 97.09 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 Modis Navnirman (NSE:MODIS) Overvalued in 2026?

Based on GuruFocus' analysis, Modis Navnirman stock appears to be undervalued. The current stock price of ₹335.15 is trading 57.1% below its estimated GF Value™ of ₹780.57. GuruFocus considers Modis Navnirman to be Possible Value Trap.

Key valuation signals for NSE:MODIS:

  • Days Payable: 97.09 (92% above median its 10-year median of 50.48)
  • GF Value™: ₹780.57 vs. price of ₹335.15 (57.1% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 2.9% above the Real Estate median (#747 of 1569)

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


Modis Navnirman Business Description

Other Exchanges 543539:India
Address M G Road, Shop No. 1, Rashmi Heights, Opposite Kamla Nagar, Kandivali (West), Mumbai, MH, IND, 400067
Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Rashmi Jewel, Rashmi Terrace and others.
62GF Score

Get the complete analysis for NSE:MODIS

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

₹335.15
Price
₹780.57
GF Value