Patel Retail (NSE:PATELRMART) Days Payable: 28.28 (As of Mar. 2026) — Near Median

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NSE:PATELRMART Patel Retail Ltd NSE:PATELRMART
17 GF Score
Price ₹220.35
! 3 Warning Signs
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What is Patel Retail Days Payable?

Patel Retail NSE:PATELRMART -0.30% 17 Days Payable is 28.28 as of Mar. 2026, which is 4% above its 10-year median of 27.21. GuruFocus rates NSE:PATELRMART with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,107 Retail - Cyclical companies, Patel Retail ranks worse than 69.74% on this metric.

Patel Retail's average Accounts Payable for the three months ended in Mar. 2026 was ₹888 Mil. Patel Retail's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,865 Mil. Hence, Patel Retail's Days Payable for the three months ended in Mar. 2026 was 28.28.

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

NSE:PATELRMART' s Days Payable Range Over the Past 10 Years
Min: 17.99   Med: 27.21   Max: 33.69
Current: 33.69

During the past 4 years, Patel Retail's highest Days Payable was 33.69. The lowest was 17.99. And the median was 27.21.

NSE:PATELRMART's Days Payable is ranked worse than
69.74% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 51.29 vs NSE:PATELRMART: 33.69

Patel Retail's Days Payable increased from Dec. 2024 (0.00) to Mar. 2026 (28.28). It may suggest that Patel Retail delayed paying its suppliers.


Patel Retail Days Payable Historical Data

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The historical data trend for Patel Retail'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.

Patel Retail Days Payable Chart

Patel Retail Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
17.99 24.65 29.77 31.24

Patel Retail Quarterly Data
Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 31.43 28.64 18.12 28.28

NSE:PATELRMART vs DDS, M: Days Payable Comparison

For the Department Stores subindustry, Patel Retail'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.


Patel Retail Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Patel Retail's Days Payable distribution charts can be found below:

* The bar in red indicates where Patel Retail's Days Payable falls into.


NSE:PATELRMART
17GF Score
Patel Retail Ltd NSE:PATELRMART
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Patel Retail 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.

Patel Retail'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
=( (603.994 + 887.804) / 2 ) / 8713.942*365
=745.899 / 8713.942*365
=31.24

Patel Retail'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 + 887.804) / 1 ) / 2864.627*365 / 4
=887.804 / 2864.627*365 / 4
=28.28

* 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 28.28 mean?
Patel Retail (NSE:PATELRMART) has a Days Payable of 28.28 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 Patel Retail and its competitors. This is near median its historical median of 27.21. Over the past decade, Patel Retail's Days Payable has ranged from 17.99 to 33.69. According to the industry distribution chart, Patel Retail ranks #772 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 69.7%.
Is Patel Retail's Days Payable too high?
Patel Retail's current Days Payable of 28.28 is near median its 10-year median of 27.21. Over the past 10 years, this metric has ranged from a low of 17.99 to a high of 33.69. The Retail - Cyclical industry median Days Payable is 51.29. Patel Retail's value of 28.28 is 44.9% below this industry median. Based on the distribution chart, Patel Retail ranks #772 out of 1107 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Patel Retail has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Patel Retail's Days Payable compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Patel Retail ranks #772 out of 1107 companies for Days Payable. This places Patel Retail in the lower half of its industry. The industry median Days Payable is 51.29. Patel Retail's value of 28.28 is 44.9% below this benchmark. Historically, Patel Retail's own Days Payable has ranged from 17.99 to 33.69 over the past decade. While the company's 10-year median is 27.21 vs. the industry median of 51.29, Patel Retail 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.29, based on 1,107 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. Patel Retail's current Days Payable of 28.28 is 44.9% 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 Patel Retail and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patel Retail's current Days Payable is 28.28, which is near median its own 10-year median of 27.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patel Retail stock overvalued right now?
Patel Retail (NSE:PATELRMART) has a current Days Payable of 28.28. The current Days Payable is 28.28, which is near median its 10-year median of 27.21 and 44.9% below the Retail - Cyclical industry median of 51.29. Patel Retail's overall GF Score™ is 17/100 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 Patel Retail (NSE:PATELRMART), the current Days Payable is 28.28 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.

Patel Retail Business Description

Other Exchanges 544487:India
Address Plot No. M-2, Anand Nagar, Additional MIDC, Ambernath East, Ambernath, MH, IND, 421506
Patel Retail Ltd is engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on value retail, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family. Its operations are spread across the suburban area of Thane and Raigad district in Maharashtra. The company operates and manages approximately forty three (43) stores, with a Retail Business Area25 of approx. 1,78,946 square feet.
17GF Score

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