Rapid Fleet Management Services (NSE:RAPIDFLEET) Days Payable: 53.36 (As of Mar. 2025)


NSE:RAPIDFLEET Rapid Fleet Management Services Ltd NSE:RAPIDFLEET
18 GF Score
Price ₹183.90
View Full Analysis

What is Rapid Fleet Management Services Days Payable?

Rapid Fleet Management Services NSE:RAPIDFLEET 18 Days Payable is 53.36 as of Mar. 2025. GuruFocus rates NSE:RAPIDFLEET with a GF Score™ of 18/100.

Rapid Fleet Management Services's average Accounts Payable for the six months ended in Mar. 2025 was ₹243 Mil. Rapid Fleet Management Services's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹832 Mil. Hence, Rapid Fleet Management Services's Days Payable for the six months ended in Mar. 2025 was 53.36.

The historical rank and industry rank for Rapid Fleet Management Services's Days Payable or its related term are showing as below:

NSE:RAPIDFLEET's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 39.085
* Ranked among companies with meaningful Days Payable only.

Rapid Fleet Management Services's Days Payable increased from Mar. 2024 (0.00) to Mar. 2025 (53.36). It may suggest that Rapid Fleet Management Services delayed paying its suppliers.

Rapid Fleet Management Services Days Payable Related Terms

Rapid Fleet Management Services Days Payable Historical Data

* Premium members only.

The historical data trend for Rapid Fleet Management Services'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.

Rapid Fleet Management Services Days Payable Chart

Rapid Fleet Management Services Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Days Payable
137.53 160.41 123.93 53.52

Rapid Fleet Management Services Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25
Days Payable 0.00 0.00 0.00 72.67 53.36

NSE:RAPIDFLEET vs ODFL, XPO, SAIA: Days Payable Comparison

For the Trucking subindustry, Rapid Fleet Management Services'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.

Rapid Fleet Management Services Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Rapid Fleet Management Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Rapid Fleet Management Services's Days Payable falls into.


NSE:RAPIDFLEET
18GF Score
Rapid Fleet Management Services Ltd NSE:RAPIDFLEET
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rapid Fleet Management Services 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.

Rapid Fleet Management Services's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (267.894 + 185.681) / 2 ) / 1546.599*365
=226.7875 / 1546.599*365
=53.52

Rapid Fleet Management Services's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (301.022 + 185.681) / 2 ) / 832.243*365 / 2
=243.3515 / 832.243*365 / 2
=53.36

* 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 53.36 mean?
Rapid Fleet Management Services (NSE:RAPIDFLEET) has a Days Payable of 53.36 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rapid Fleet Management Services and its competitors.
Is Rapid Fleet Management Services' Days Payable too high?
Rapid Fleet Management Services' current Days Payable is 53.36. The Transportation industry median Days Payable is 39.09. Rapid Fleet Management Services' value of 53.36 is 36.5% above this industry median. Overall, Rapid Fleet Management Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rapid Fleet Management Services' Days Payable compare to ODFL and XPO?
Rapid Fleet Management Services' Days Payable of 53.36 can be compared against companies in the Transportation industry. The industry median Days Payable is 39.09. Rapid Fleet Management Services' value of 53.36 is 36.5% above this benchmark. 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 Transportation company?
The median Days Payable among Transportation companies is 39.09, based on 966 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. Rapid Fleet Management Services's current Days Payable of 53.36 is 36.5% 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 Rapid Fleet Management Services and its competitors. For the Transportation industry, the median Days Payable is 39.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rapid Fleet Management Services's current Days Payable is 53.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapid Fleet Management Services stock overvalued right now?
Rapid Fleet Management Services (NSE:RAPIDFLEET) has a current Days Payable of 53.36. The current Days Payable is 53.36 and 36.5% above the Transportation industry median of 39.09. Rapid Fleet Management Services' overall GF Score™ is 18/100. 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 Rapid Fleet Management Services (NSE:RAPIDFLEET), the current Days Payable is 53.36 as of Mar. 2025. 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.

Rapid Fleet Management Services Business Description

Address Coral Merchant Street, Kanaga Saraswathi Towers NO: 5/9, 2nd Floor, Chennai, TN, IND, 600 001
Rapid Fleet Management Services Ltd is a Chennai based company engaged in the business of providing logistics services tailored to the diverse needs of its B2B and B2C clientele. The company is engaged in road transportation. Its process begins with order booking, followed by route planning to optimize efficiency. The company own a fleet of trucks, it own approximately 226 Vehicles, which is been used by the company to provide logistics services. It serves a wide array of industries, including but not limited to Tyre, Logistics, Electronics, FMCG, Renewable, Durables, FNB, Chemicals.
18GF Score

Get the complete analysis for NSE:RAPIDFLEET

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

₹183.90
Price