MTAR TechnologiesNSE:MTARTECH -5.00%71 Days Payable is 80.15 as of Mar. 2026, which is 21% below its 10-year median of 101.93. GuruFocus rates NSE:MTARTECH with a GF Score™ of 71/100 and a GF Value™ of ₹3,338.82 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,992 Industrial Products companies, MTAR Technologies ranks better than 62.07% on this metric.
The historical rank and industry rank for MTAR Technologies's Days Payable or its related term are showing as below:
NSE:MTARTECH'
s Days Payable Range Over the Past 10 Years
Min: 57.2 Med: 101.93 Max: 186.41
Current: 103.49
During the past 9 years, MTAR Technologies's highest Days Payable was 186.41. The lowest was 57.20. And the median was 101.93.
NSE:MTARTECH's Days Payable is ranked better than 62.07% of 2992
companies
in the Industrial Products industry
Industry Median: 78.08
vs NSE:MTARTECH: 103.49
MTAR Technologies's Days Payable
declined
from Mar. 2025 (110.81) to Mar. 2026 (80.15).
It may suggest that MTAR Technologiesaccelerated paying its suppliers.
MTAR Technologies Days Payable Related Terms
MTAR Technologies Days Payable Historical Data
* Premium members only.
The historical data trend for MTAR Technologies'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:MTARTECH vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, MTAR Technologies'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.
MTAR Technologies Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MTAR Technologies's Days Payable distribution charts can be found below:
* The bar in red indicates where MTAR Technologies'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.
MTAR Technologies'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.
MTAR Technologies (NSE:MTARTECH) has a Days Payable of 80.15 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 MTAR Technologies and its competitors. This is 21% below median its historical median of 101.93. Over the past decade, MTAR Technologies' Days Payable has ranged from 57.20 to 186.41. According to the industry distribution chart, MTAR Technologies ranks #1135 out of 2992 companies in the Industrial Products industry, placing it in the top 37.9%.
Is MTAR Technologies' Days Payable too high?
MTAR Technologies' current Days Payable of 80.15 is 21% below median its 10-year median of 101.93. Over the past 10 years, this metric has ranged from a low of 57.20 to a high of 186.41. The Industrial Products industry median Days Payable is 78.08. MTAR Technologies' value of 80.15 is 2.7% above this industry median. Based on the distribution chart, MTAR Technologies ranks #1135 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MTAR Technologies has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MTAR Technologies ranks #1135 out of 2992 companies for Days Payable. This puts MTAR Technologies in the upper half of its industry. The industry median Days Payable is 78.08. MTAR Technologies' value of 80.15 is 2.7% above this benchmark. Historically, MTAR Technologies' own Days Payable has ranged from 57.20 to 186.41 over the past decade. While the company's 10-year median is 101.93 vs. the industry median of 78.08, MTAR Technologies 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. MTAR Technologies's current Days Payable of 80.15 is 2.7% 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 MTAR Technologies and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAR Technologies's current Days Payable is 80.15, which is 21% below median its own 10-year median of 101.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,338.82, compared to a current price of ₹7,578.00 — trading 127% above its estimated fair value. The current Days Payable is 80.15, which is 21% below median its 10-year median of 101.93 and 2.7% above the Industrial Products industry median of 78.08. MTAR Technologies' overall GF Score™ is 71/100 with 8 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 MTAR Technologies (NSE:MTARTECH), the current Days Payable is 80.15 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 MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?
Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued.
The current stock price of ₹7,578.00 is trading 127% above its estimated GF Value™ of ₹3,338.82.
GuruFocus considers MTAR Technologies to be Significantly Overvalued.
Key valuation signals for NSE:MTARTECH:
Days Payable: 80.15 (21% below median its 10-year median of 101.93)
GF Value™: ₹3,338.82 vs. price of ₹7,578.00 (127% above fair value)
Industry Position: 2.7% above the Industrial Products median (#1135 of 2992)
No single metric tells the full story. See the NSE:MTARTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
71GF Score
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