Ramkrishna Forgings (NSE:RKFORGE) Days Payable: 150.83 (As of Mar. 2026) — Near Median


NSE:RKFORGE Ramkrishna Forgings Ltd NSE:RKFORGE
84 GF Score
Price ₹577.35
GF Value ₹788.04
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ramkrishna Forgings Days Payable?

Ramkrishna Forgings NSE:RKFORGE +0.42% 84 Days Payable is 150.83 as of Mar. 2026, which is 9% above its 10-year median of 138.49. GuruFocus rates NSE:RKFORGE with a GF Score™ of 84/100 and a GF Value™ of ₹788.04 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Ramkrishna Forgings ranks better than 77.33% on this metric.

Ramkrishna Forgings's average Accounts Payable for the three months ended in Mar. 2026 was ₹11,446 Mil. Ramkrishna Forgings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,925 Mil. Hence, Ramkrishna Forgings's Days Payable for the three months ended in Mar. 2026 was 150.83.

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

NSE:RKFORGE' s Days Payable Range Over the Past 10 Years
Min: 83.4   Med: 138.49   Max: 170.42
Current: 154.07

During the past 13 years, Ramkrishna Forgings's highest Days Payable was 170.42. The lowest was 83.40. And the median was 138.49.

NSE:RKFORGE's Days Payable is ranked better than
77.33% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs NSE:RKFORGE: 154.07

Ramkrishna Forgings's Days Payable declined from Mar. 2025 (181.62) to Mar. 2026 (150.83). It may suggest that Ramkrishna Forgings accelerated paying its suppliers.


Ramkrishna Forgings Days Payable Historical Data

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The historical data trend for Ramkrishna Forgings'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.

Ramkrishna Forgings Days Payable Chart

Ramkrishna Forgings 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 132.56 131.36 144.42 170.42 168.56

Ramkrishna Forgings 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 181.62 174.77 152.25 114.58 150.83

NSE:RKFORGE vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Ramkrishna Forgings'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.


Ramkrishna Forgings Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Ramkrishna Forgings's Days Payable falls into.


NSE:RKFORGE
84GF Score
Ramkrishna Forgings Ltd NSE:RKFORGE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ramkrishna Forgings 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.

Ramkrishna Forgings'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
=( (10802.243 + 11446.305) / 2 ) / 24089.134*365
=11124.274 / 24089.134*365
=168.56

Ramkrishna Forgings'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 + 11446.305) / 1 ) / 6924.977*365 / 4
=11446.305 / 6924.977*365 / 4
=150.83

* 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 150.83 mean?
Ramkrishna Forgings (NSE:RKFORGE) has a Days Payable of 150.83 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 Ramkrishna Forgings and its competitors. This is near median its historical median of 138.49. Over the past decade, Ramkrishna Forgings' Days Payable has ranged from 83.40 to 170.42. According to the industry distribution chart, Ramkrishna Forgings ranks #678 out of 2991 companies in the Industrial Products industry, placing it in the top 22.7%.
Is Ramkrishna Forgings' Days Payable too high?
Ramkrishna Forgings' current Days Payable of 150.83 is near median its 10-year median of 138.49. Over the past 10 years, this metric has ranged from a low of 83.40 to a high of 170.42. The Industrial Products industry median Days Payable is 78.08. Ramkrishna Forgings' value of 150.83 is 93.2% above this industry median. Based on the distribution chart, Ramkrishna Forgings ranks #678 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ramkrishna Forgings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramkrishna Forgings' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Ramkrishna Forgings ranks #678 out of 2991 companies for Days Payable. This places Ramkrishna Forgings in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.08. Ramkrishna Forgings' value of 150.83 is 93.2% above this benchmark. Historically, Ramkrishna Forgings' own Days Payable has ranged from 83.40 to 170.42 over the past decade. While the company's 10-year median is 138.49 vs. the industry median of 78.08, Ramkrishna Forgings 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Ramkrishna Forgings's current Days Payable of 150.83 is 93.2% 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 Ramkrishna Forgings and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramkrishna Forgings's current Days Payable is 150.83, which is near median its own 10-year median of 138.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkrishna Forgings stock overvalued right now?
Based on GuruFocus' analysis, Ramkrishna Forgings (NSE:RKFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹788.04, compared to a current price of ₹577.35 — trading 26.7% below its estimated fair value. The current Days Payable is 150.83, which is near median its 10-year median of 138.49 and 93.2% above the Industrial Products industry median of 78.08. Ramkrishna Forgings' overall GF Score™ is 84/100 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 Ramkrishna Forgings (NSE:RKFORGE), the current Days Payable is 150.83 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 Ramkrishna Forgings (NSE:RKFORGE) Overvalued in 2026?

Based on GuruFocus' analysis, Ramkrishna Forgings stock appears to be undervalued. The current stock price of ₹577.35 is trading 26.7% below its estimated GF Value™ of ₹788.04. GuruFocus considers Ramkrishna Forgings to be Modestly Undervalued.

Key valuation signals for NSE:RKFORGE:

  • Days Payable: 150.83 (near median its 10-year median of 138.49)
  • GF Value™: ₹788.04 vs. price of ₹577.35 (26.7% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 93.2% above the Industrial Products median (#678 of 2991)

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


Ramkrishna Forgings Business Description

Other Exchanges 532527:India
Address 23, Circus Avenue, 9th Floor, Kolkata, WB, IND, 700 017
Ramkrishna Forgings Ltd is an Indian-based company, that engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. The company's forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, and others. Geographically the company caters its services to both domestic and overseas markets.
84GF Score

Get the complete analysis for NSE:RKFORGE

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

₹577.35
Price
₹788.04
GF Value