RITESNSE:RITES -3.01%88 Days Payable is 76.41 as of Mar. 2026, which is 12% below its 10-year median of 86.39. GuruFocus rates NSE:RITES with a GF Score™ of 88/100 and a GF Value™ of ₹284.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,708 Construction companies, RITES ranks better than 63.17% on this metric.
RITES's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹3,203 Mil. RITES's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹3,825 Mil.
Hence, RITES's Days Payable for the
three
months ended in Mar. 2026 was 76.41.
The historical rank and industry rank for RITES's Days Payable or its related term are showing as below:
NSE:RITES'
s Days Payable Range Over the Past 10 Years
Min: 54.18 Med: 86.39 Max: 112.7
Current: 104.27
During the past 13 years, RITES's highest Days Payable was 112.70. The lowest was 54.18. And the median was 86.39.
NSE:RITES's Days Payable is ranked better than 63.17% of 1708
companies
in the Construction industry
Industry Median: 76.635
vs NSE:RITES: 104.27
RITES's Days Payable
declined
from Mar. 2025 (132.11) to Mar. 2026 (76.41).
It may suggest that RITESaccelerated paying its suppliers.
RITES Days Payable Related Terms
RITES Days Payable Historical Data
* Premium members only.
The historical data trend for RITES'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:RITES vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, RITES'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.
RITES Days Payable vs Construction Industry
For the Construction industry and Industrials sector, RITES's Days Payable distribution charts can be found below:
* The bar in red indicates where RITES'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.
RITES'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.
RITES (NSE:RITES) has a Days Payable of 76.41 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 RITES and its competitors. This is 12% below median its historical median of 86.39. Over the past decade, RITES's Days Payable has ranged from 54.18 to 112.70. According to the industry distribution chart, RITES ranks #629 out of 1708 companies in the Construction industry, placing it in the top 36.8%.
Is RITES's Days Payable too high?
RITES's current Days Payable of 76.41 is 12% below median its 10-year median of 86.39. Over the past 10 years, this metric has ranged from a low of 54.18 to a high of 112.70. The Construction industry median Days Payable is 76.64. RITES's value of 76.41 is 0.3% below this industry median. Based on the distribution chart, RITES ranks #629 out of 1708 companies in the Construction industry, which is above the industry midpoint. Overall, RITES has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RITES's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, RITES ranks #629 out of 1708 companies for Days Payable. This puts RITES in the upper half of its industry. The industry median Days Payable is 76.64. RITES's value of 76.41 is 0.3% below this benchmark. Historically, RITES's own Days Payable has ranged from 54.18 to 112.70 over the past decade. While the company's 10-year median is 86.39 vs. the industry median of 76.64, RITES 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 Construction company?
The median Days Payable among Construction companies is 76.64, based on 1,708 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. RITES's current Days Payable of 76.41 is 0.3% 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 RITES and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RITES's current Days Payable is 76.41, which is 12% below median its own 10-year median of 86.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RITES stock overvalued right now?
Based on GuruFocus' analysis, RITES (NSE:RITES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹284.30, compared to a current price of ₹218.17 — trading 23.3% below its estimated fair value. The current Days Payable is 76.41, which is 12% below median its 10-year median of 86.39 and 0.3% below the Construction industry median of 76.64. RITES's overall GF Score™ is 88/100 with 5 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 RITES (NSE:RITES), the current Days Payable is 76.41 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 RITES (NSE:RITES) Overvalued in 2026?
Based on GuruFocus' analysis, RITES stock appears to be undervalued.
The current stock price of ₹218.17 is trading 23.3% below its estimated GF Value™ of ₹284.30.
GuruFocus considers RITES to be Modestly Undervalued.
Key valuation signals for NSE:RITES:
Days Payable: 76.41 (12% below median its 10-year median of 86.39)
GF Value™: ₹284.30 vs. price of ₹218.17 (23.3% below fair value)
Industry Position: 0.3% below the Construction median (#629 of 1708)
No single metric tells the full story. See the NSE:RITES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of its revenue from India.
88GF Score
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