PIX Transmissions (NSE:PIXTRANS) Days Payable: 39.40 (As of Mar. 2026) — 33% Below Median


NSE:PIXTRANS PIX Transmissions Ltd NSE:PIXTRANS
92 GF Score
Price ₹1,745.50
GF Value ₹1,547.84
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PIX Transmissions Days Payable?

PIX Transmissions NSE:PIXTRANS -2.42% 92 Days Payable is 39.40 as of Mar. 2026, which is 33% below its 10-year median of 58.60. GuruFocus rates NSE:PIXTRANS with a GF Score™ of 92/100 and a GF Value™ of ₹1,547.84 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,986 Industrial Products companies, PIX Transmissions ranks worse than 71.3% on this metric.

PIX Transmissions's average Accounts Payable for the three months ended in Mar. 2026 was ₹261 Mil. PIX Transmissions's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹605 Mil. Hence, PIX Transmissions's Days Payable for the three months ended in Mar. 2026 was 39.40.

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

NSE:PIXTRANS' s Days Payable Range Over the Past 10 Years
Min: 46.19   Med: 58.6   Max: 85.94
Current: 47.71

During the past 13 years, PIX Transmissions's highest Days Payable was 85.94. The lowest was 46.19. And the median was 58.60.

NSE:PIXTRANS's Days Payable is ranked worse than
71.3% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs NSE:PIXTRANS: 47.71

PIX Transmissions's Days Payable increased from Mar. 2025 (39.38) to Mar. 2026 (39.40). It may suggest that PIX Transmissions delayed paying its suppliers.


PIX Transmissions Days Payable Historical Data

* Premium members only.

The historical data trend for PIX Transmissions'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.

PIX Transmissions Days Payable Chart

PIX Transmissions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.30 46.50 51.68 48.80 46.19

PIX Transmissions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.38 59.14 50.18 45.89 39.40

NSE:PIXTRANS vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, PIX Transmissions'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.


PIX Transmissions Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PIX Transmissions's Days Payable distribution charts can be found below:

* The bar in red indicates where PIX Transmissions's Days Payable falls into.


NSE:PIXTRANS
92GF Score
PIX Transmissions Ltd NSE:PIXTRANS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PIX Transmissions 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.

PIX Transmissions'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
=( (272.539 + 261.219) / 2 ) / 2109.007*365
=266.879 / 2109.007*365
=46.19

PIX Transmissions'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 + 261.219) / 1 ) / 605.033*365 / 4
=261.219 / 605.033*365 / 4
=39.40

* 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 39.40 mean?
PIX Transmissions (NSE:PIXTRANS) has a Days Payable of 39.40 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 PIX Transmissions and its competitors. This is 33% below median its historical median of 58.60. Over the past decade, PIX Transmissions' Days Payable has ranged from 46.19 to 85.94. According to the industry distribution chart, PIX Transmissions ranks #2129 out of 2986 companies in the Industrial Products industry, placing it in the top 71.3%.
Is PIX Transmissions' Days Payable too high?
PIX Transmissions' current Days Payable of 39.40 is 33% below median its 10-year median of 58.60. Over the past 10 years, this metric has ranged from a low of 46.19 to a high of 85.94. The Industrial Products industry median Days Payable is 78.07. PIX Transmissions' value of 39.40 is 49.5% below this industry median. Based on the distribution chart, PIX Transmissions ranks #2129 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, PIX Transmissions has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PIX Transmissions' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, PIX Transmissions ranks #2129 out of 2986 companies for Days Payable. This places PIX Transmissions in the lower half of its industry. The industry median Days Payable is 78.07. PIX Transmissions' value of 39.40 is 49.5% below this benchmark. Historically, PIX Transmissions' own Days Payable has ranged from 46.19 to 85.94 over the past decade. While the company's 10-year median is 58.60 vs. the industry median of 78.07, PIX Transmissions 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. PIX Transmissions's current Days Payable of 39.40 is 49.5% 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 PIX Transmissions and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PIX Transmissions's current Days Payable is 39.40, which is 33% below median its own 10-year median of 58.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIX Transmissions stock overvalued right now?
Based on GuruFocus' analysis, PIX Transmissions (NSE:PIXTRANS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,547.84, compared to a current price of ₹1,745.50 — trading 12.8% above its estimated fair value. The current Days Payable is 39.40, which is 33% below median its 10-year median of 58.60 and 49.5% below the Industrial Products industry median of 78.07. PIX Transmissions' overall GF Score™ is 92/100 with 4 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 PIX Transmissions (NSE:PIXTRANS), the current Days Payable is 39.40 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 PIX Transmissions (NSE:PIXTRANS) Overvalued in 2026?

Based on GuruFocus' analysis, PIX Transmissions stock appears to be overvalued. The current stock price of ₹1,745.50 is trading 12.8% above its estimated GF Value™ of ₹1,547.84. GuruFocus considers PIX Transmissions to be Modestly Overvalued.

Key valuation signals for NSE:PIXTRANS:

  • Days Payable: 39.40 (33% below median its 10-year median of 58.60)
  • GF Value™: ₹1,547.84 vs. price of ₹1,745.50 (12.8% above fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 49.5% below the Industrial Products median (#2129 of 2986)

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


PIX Transmissions Business Description

Other Exchanges 500333:India
Address One BKC, Bandra-Kurla Complex, 12th Floor, Unit No. 1208, B Wing, Bandra (East), Mumbai, MH, IND, 400051
PIX Transmissions Ltd is engaged in the manufacturing of belts and related mechanical power transmission products in India. The company offers belt products for various sectors such as industrial, agricultural, lawn and garden, automotive, and special applications. It also offers other belts such as Ribbed / Poly-V Belts, Banded Belts, Industrial Belts, Agriculture Belts, and Others. The products of the company are sold both in the domestic and export markets, of which the exports generate maximum revenue.
92GF Score

Get the complete analysis for NSE:PIXTRANS

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

₹1,745.50
Price
₹1,547.84
GF Value