Rane (Madras)NSE:RML +8.10%62 Days Payable is 80.36 as of Mar. 2026, which is 6% below its 10-year median of 85.73. GuruFocus rates NSE:RML with a GF Score™ of 62/100 and a GF Value™ of ₹643.57 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Rane (Madras) ranks better than 61.17% on this metric.
The historical rank and industry rank for Rane (Madras)'s Days Payable or its related term are showing as below:
NSE:RML'
s Days Payable Range Over the Past 10 Years
Min: 63.14 Med: 85.73 Max: 102.47
Current: 83.92
During the past 13 years, Rane (Madras)'s highest Days Payable was 102.47. The lowest was 63.14. And the median was 85.73.
NSE:RML's Days Payable is ranked better than 61.17% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 67.02
vs NSE:RML: 83.92
Rane (Madras)'s Days Payable
declined
from Mar. 2025 (87.39) to Mar. 2026 (80.36).
It may suggest that Rane (Madras)accelerated paying its suppliers.
Rane (Madras) Days Payable Related Terms
Rane (Madras) Days Payable Historical Data
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The historical data trend for Rane (Madras)'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.
For the Auto Parts subindustry, Rane (Madras)'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.
Rane (Madras) Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Rane (Madras)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Rane (Madras)'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.
Rane (Madras)'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.
Rane (Madras) (NSE:RML) has a Days Payable of 80.36 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 Rane (Madras) and its competitors. This is near median its historical median of 85.73. Over the past decade, Rane (Madras)'s Days Payable has ranged from 63.14 to 102.47. According to the industry distribution chart, Rane (Madras) ranks #509 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 38.8%.
Is Rane (Madras)'s Days Payable too high?
Rane (Madras)'s current Days Payable of 80.36 is near median its 10-year median of 85.73. Over the past 10 years, this metric has ranged from a low of 63.14 to a high of 102.47. The Vehicles & Parts industry median Days Payable is 67.02. Rane (Madras)'s value of 80.36 is 19.9% above this industry median. Based on the distribution chart, Rane (Madras) ranks #509 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Rane (Madras) has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rane (Madras)'s Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Rane (Madras) ranks #509 out of 1311 companies for Days Payable. This puts Rane (Madras) in the upper half of its industry. The industry median Days Payable is 67.02. Rane (Madras)'s value of 80.36 is 19.9% above this benchmark. Historically, Rane (Madras)'s own Days Payable has ranged from 63.14 to 102.47 over the past decade. While the company's 10-year median is 85.73 vs. the industry median of 67.02, Rane (Madras) 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,311 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. Rane (Madras)'s current Days Payable of 80.36 is 19.9% 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 Rane (Madras) and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rane (Madras)'s current Days Payable is 80.36, which is near median its own 10-year median of 85.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rane (Madras) stock overvalued right now?
Based on GuruFocus' analysis, Rane (Madras) (NSE:RML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹643.57, compared to a current price of ₹1,125.80 — trading 74.9% above its estimated fair value. The current Days Payable is 80.36, which is near median its 10-year median of 85.73 and 19.9% above the Vehicles & Parts industry median of 67.02. Rane (Madras)'s overall GF Score™ is 62/100 with 8 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 Rane (Madras) (NSE:RML), the current Days Payable is 80.36 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 Rane (Madras) (NSE:RML) Overvalued in 2026?
Based on GuruFocus' analysis, Rane (Madras) stock appears to be overvalued.
The current stock price of ₹1,125.80 is trading 74.9% above its estimated GF Value™ of ₹643.57.
GuruFocus considers Rane (Madras) to be Significantly Overvalued.
Key valuation signals for NSE:RML:
Days Payable: 80.36 (near median its 10-year median of 85.73)
GF Value™: ₹643.57 vs. price of ₹1,125.80 (74.9% above fair value)
Industry Position: 19.9% above the Vehicles & Parts median (#509 of 1311)
No single metric tells the full story. See the NSE:RML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rane (Madras) Ltd provides components for the transportation industry. The company is a manufacturer of steering and suspension linkages products, steering gear products and other articles of aluminum die casting products. It operates through two divisions: the Steering and Linkages division and the Light Metal Castings division. The company's steering and linkages division manufactures manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. Its Light Metal Castings division manufactures low-porosity, high-quality aluminum die-castings such as steering housings and engine case covers. Geographically, the company derives key revenue within India.
62GF Score
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