Readymix Construction Machinery (NSE:READYMIX) Days Payable: 138.71 (As of Sep. 2025) — 47% Above Median


NSE:READYMIX Readymix Construction Machinery Ltd NSE:READYMIX
18 GF Score
Price ₹99.15
! 3 Warning Signs
View Full Analysis

What is Readymix Construction Machinery Days Payable?

Readymix Construction Machinery NSE:READYMIX -4.98% 18 Days Payable is 138.71 as of Sep. 2025, which is 47% above its 10-year median of 94.32. GuruFocus rates NSE:READYMIX with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,711 Construction companies, Readymix Construction Machinery ranks better than 56.93% on this metric.

Readymix Construction Machinery's average Accounts Payable for the six months ended in Sep. 2025 was ₹103.9 Mil. Readymix Construction Machinery's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹136.7 Mil. Hence, Readymix Construction Machinery's Days Payable for the six months ended in Sep. 2025 was 138.71.

The historical rank and industry rank for Readymix Construction Machinery's Days Payable or its related term are showing as below:

NSE:READYMIX' s Days Payable Range Over the Past 10 Years
Min: 68.6   Med: 94.32   Max: 127.74
Current: 88.86

During the past 4 years, Readymix Construction Machinery's highest Days Payable was 127.74. The lowest was 68.60. And the median was 94.32.

NSE:READYMIX's Days Payable is ranked better than
56.93% of 1711 companies
in the Construction industry
Industry Median: 76.6 vs NSE:READYMIX: 88.86

Readymix Construction Machinery's Days Payable increased from Sep. 2024 (96.96) to Sep. 2025 (138.71). It may suggest that Readymix Construction Machinery delayed paying its suppliers.


Readymix Construction Machinery Days Payable Related Terms


Readymix Construction Machinery Days Payable Historical Data

* Premium members only.

The historical data trend for Readymix Construction Machinery'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.

Readymix Construction Machinery Days Payable Chart

Readymix Construction Machinery Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Days Payable
127.74 107.12 68.60 81.51

Readymix Construction Machinery Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial 0.00 0.00 96.96 76.08 138.71

NSE:READYMIX vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Readymix Construction Machinery'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.


Readymix Construction Machinery Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Readymix Construction Machinery's Days Payable distribution charts can be found below:

* The bar in red indicates where Readymix Construction Machinery's Days Payable falls into.


NSE:READYMIX
18GF Score
Readymix Construction Machinery Ltd NSE:READYMIX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Readymix Construction Machinery 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.

Readymix Construction Machinery'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
=( (54.185 + 120.948) / 2 ) / 392.127*365
=87.5665 / 392.127*365
=81.51

Readymix Construction Machinery's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (120.948 + 86.9) / 2 ) / 136.729*365 / 2
=103.924 / 136.729*365 / 2
=138.71

* 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 138.71 mean?
Readymix Construction Machinery (NSE:READYMIX) has a Days Payable of 138.71 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Readymix Construction Machinery and its competitors. This is 47% above median its historical median of 94.32. Over the past decade, Readymix Construction Machinery's Days Payable has ranged from 68.60 to 127.74. According to the industry distribution chart, Readymix Construction Machinery ranks #737 out of 1711 companies in the Construction industry, placing it in the top 43.1%.
Is Readymix Construction Machinery's Days Payable too high?
Readymix Construction Machinery's current Days Payable of 138.71 is 47% above median its 10-year median of 94.32. Over the past 10 years, this metric has ranged from a low of 68.60 to a high of 127.74. The Construction industry median Days Payable is 76.60. Readymix Construction Machinery's value of 138.71 is 81.1% above this industry median. Based on the distribution chart, Readymix Construction Machinery ranks #737 out of 1711 companies in the Construction industry, which is above the industry midpoint. Overall, Readymix Construction Machinery has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Readymix Construction Machinery's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Readymix Construction Machinery ranks #737 out of 1711 companies for Days Payable. This puts Readymix Construction Machinery in the upper half of its industry. The industry median Days Payable is 76.60. Readymix Construction Machinery's value of 138.71 is 81.1% above this benchmark. Historically, Readymix Construction Machinery's own Days Payable has ranged from 68.60 to 127.74 over the past decade. While the company's 10-year median is 94.32 vs. the industry median of 76.60, Readymix Construction Machinery 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,711 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. Readymix Construction Machinery's current Days Payable of 138.71 is 81.1% 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 Readymix Construction Machinery and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Readymix Construction Machinery's current Days Payable is 138.71, which is 47% above median its own 10-year median of 94.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Readymix Construction Machinery stock overvalued right now?
Readymix Construction Machinery (NSE:READYMIX) has a current Days Payable of 138.71. The current Days Payable is 138.71, which is 47% above median its 10-year median of 94.32 and 81.1% above the Construction industry median of 76.60. Readymix Construction Machinery's overall GF Score™ is 18/100 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 Readymix Construction Machinery (NSE:READYMIX), the current Days Payable is 138.71 as of Sep. 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.

Readymix Construction Machinery Business Description

Address Paud Road, Office No. 401, 3rd and 4th Floor, Plot No. 209, Survey No. 96/2B, Right Bhusari Colony, Kothrud, Pune, MH, IND, 411038
Readymix Construction Machinery Ltd is an engineering-led company, offering engineering solutions for design, development, fabrication and installation of various plant & machineries along with related equipments like Dry Mix Mortar Plant, Support equipment for Readymix Concrete Plant, Highcapacity Silos, Artificial Sand Plants (Crusher), Wall Putty Plants, Other Customized Projects etc., catering to industrial requirements of various industries like cement, concrete, crushing, construction and building materials etc. It also provide complete end-to-end turnkey solutions from conceptualization, development, fabrication, assembling, testing, logistic support, final erection and installation of various plant & machineries along with related equipments.
18GF Score

Get the complete analysis for NSE:READYMIX

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

₹99.15
Price