Rishabh InstrumentsNSE:RISHABH +0.57%62 Days Payable is 78.87 as of Mar. 2026, which is 21% below its 10-year median of 99.98. GuruFocus rates NSE:RISHABH with a GF Score™ of 62/100 and a GF Value™ of ₹433.46 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,436 Hardware companies, Rishabh Instruments ranks better than 64.04% on this metric.
The historical rank and industry rank for Rishabh Instruments's Days Payable or its related term are showing as below:
NSE:RISHABH'
s Days Payable Range Over the Past 10 Years
Min: 91.65 Med: 99.98 Max: 140.23
Current: 91.65
During the past 6 years, Rishabh Instruments's highest Days Payable was 140.23. The lowest was 91.65. And the median was 99.98.
NSE:RISHABH's Days Payable is ranked better than 64.04% of 2436
companies
in the Hardware industry
Industry Median: 69.91
vs NSE:RISHABH: 91.65
Rishabh Instruments's Days Payable
declined
from Mar. 2025 (102.03) to Mar. 2026 (78.87).
It may suggest that Rishabh Instrumentsaccelerated paying its suppliers.
Rishabh Instruments Days Payable Related Terms
Rishabh Instruments Days Payable Historical Data
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The historical data trend for Rishabh Instruments'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:RISHABH vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Rishabh Instruments'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.
Rishabh Instruments Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Rishabh Instruments's Days Payable distribution charts can be found below:
* The bar in red indicates where Rishabh Instruments'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.
Rishabh Instruments'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.
Rishabh Instruments (NSE:RISHABH) has a Days Payable of 78.87 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 Rishabh Instruments and its competitors. This is 21% below median its historical median of 99.98. Over the past decade, Rishabh Instruments' Days Payable has ranged from 91.65 to 140.23. According to the industry distribution chart, Rishabh Instruments ranks #876 out of 2436 companies in the Hardware industry, placing it in the top 36%.
Is Rishabh Instruments' Days Payable too high?
Rishabh Instruments' current Days Payable of 78.87 is 21% below median its 10-year median of 99.98. Over the past 10 years, this metric has ranged from a low of 91.65 to a high of 140.23. The Hardware industry median Days Payable is 69.91. Rishabh Instruments' value of 78.87 is 12.8% above this industry median. Based on the distribution chart, Rishabh Instruments ranks #876 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Rishabh Instruments has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rishabh Instruments' Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Rishabh Instruments ranks #876 out of 2436 companies for Days Payable. This puts Rishabh Instruments in the upper half of its industry. The industry median Days Payable is 69.91. Rishabh Instruments' value of 78.87 is 12.8% above this benchmark. Historically, Rishabh Instruments' own Days Payable has ranged from 91.65 to 140.23 over the past decade. While the company's 10-year median is 99.98 vs. the industry median of 69.91, Rishabh Instruments 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 Hardware company?
The median Days Payable among Hardware companies is 69.91, based on 2,436 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. Rishabh Instruments's current Days Payable of 78.87 is 12.8% 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 Rishabh Instruments and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rishabh Instruments's current Days Payable is 78.87, which is 21% below median its own 10-year median of 99.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rishabh Instruments stock overvalued right now?
Based on GuruFocus' analysis, Rishabh Instruments (NSE:RISHABH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹433.46, compared to a current price of ₹649.45 — trading 49.8% above its estimated fair value. The current Days Payable is 78.87, which is 21% below median its 10-year median of 99.98 and 12.8% above the Hardware industry median of 69.91. Rishabh Instruments' overall GF Score™ is 62/100 with 6 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 Rishabh Instruments (NSE:RISHABH), the current Days Payable is 78.87 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 Rishabh Instruments (NSE:RISHABH) Overvalued in 2026?
Based on GuruFocus' analysis, Rishabh Instruments stock appears to be overvalued.
The current stock price of ₹649.45 is trading 49.8% above its estimated GF Value™ of ₹433.46.
GuruFocus considers Rishabh Instruments to be Significantly Overvalued.
Key valuation signals for NSE:RISHABH:
Days Payable: 78.87 (21% below median its 10-year median of 99.98)
GF Value™: ₹433.46 vs. price of ₹649.45 (49.8% above fair value)
Industry Position: 12.8% above the Hardware median (#876 of 2436)
No single metric tells the full story. See the NSE:RISHABH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rishabh Instruments Ltd is engaged in designing, developing, and manufacturing test and measuring instruments and industrial control products, and high-pressure aluminum die casting. Its product portfolio comprises analog panel meters, battery chargers, CAM switches, clamp meters, earth testers, isolators, transducers, etc. Geographically, the group generates maximum revenue from Europe (excluding Poland), followed by Poland, Asia, the USA, and other regions.
62GF Score
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