RNFI Services (NSE:RNFI) Days Payable: 2.67 (As of Mar. 2026) — 37% Above Median


NSE:RNFI RNFI Services Ltd NSE:RNFI
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What is RNFI Services Days Payable?

RNFI Services NSE:RNFI +0.10% 50 Days Payable is 2.67 as of Mar. 2026, which is 37% above its 10-year median of 1.95. GuruFocus rates NSE:RNFI with a GF Score™ of 50/100. The stock has 5 warning signs investors should review. Among 539 Capital Markets companies, RNFI Services ranks worse than 92.02% on this metric.

RNFI Services's average Accounts Payable for the six months ended in Mar. 2026 was ₹66 Mil. RNFI Services's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹4,481 Mil. Hence, RNFI Services's Days Payable for the six months ended in Mar. 2026 was 2.67.

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

NSE:RNFI' s Days Payable Range Over the Past 10 Years
Min: 0.68   Med: 1.95   Max: 7.95
Current: 2.07

During the past 6 years, RNFI Services's highest Days Payable was 7.95. The lowest was 0.68. And the median was 1.95.

NSE:RNFI's Days Payable is ranked worse than
92.02% of 539 companies
in the Capital Markets industry
Industry Median: 88.46 vs NSE:RNFI: 2.07

RNFI Services's Days Payable increased from Mar. 2025 (1.19) to Mar. 2026 (2.67). It may suggest that RNFI Services delayed paying its suppliers.


RNFI Services Days Payable Historical Data

* Premium members only.

The historical data trend for RNFI Services'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.

RNFI Services Days Payable Chart

RNFI Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 4.53 0.68 1.63 1.65 2.24

RNFI Services Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 1.83 2.04 1.19 1.26 2.67

NSE:RNFI vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, RNFI Services'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.


RNFI Services Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, RNFI Services's Days Payable distribution charts can be found below:

* The bar in red indicates where RNFI Services's Days Payable falls into.


NSE:RNFI
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RNFI Services Ltd NSE:RNFI
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RNFI Services 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.

RNFI Services'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
=( (18.409 + 89.705) / 2 ) / 8816.343*365
=54.057 / 8816.343*365
=2.24

RNFI Services'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (41.628 + 89.705) / 2 ) / 4481.271*365 / 2
=65.6665 / 4481.271*365 / 2
=2.67

* 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 2.67 mean?
RNFI Services (NSE:RNFI) has a Days Payable of 2.67 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 RNFI Services and its competitors. This is 37% above median its historical median of 1.95. Over the past decade, RNFI Services' Days Payable has ranged from 0.68 to 7.95. According to the industry distribution chart, RNFI Services ranks #496 out of 539 companies in the Capital Markets industry, placing it in the top 92%.
Is RNFI Services' Days Payable too high?
RNFI Services' current Days Payable of 2.67 is 37% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 7.95. The Capital Markets industry median Days Payable is 88.46. RNFI Services' value of 2.67 is 97% below this industry median. Based on the distribution chart, RNFI Services ranks #496 out of 539 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, RNFI Services has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does RNFI Services' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, RNFI Services ranks #496 out of 539 companies for Days Payable. This places RNFI Services in the lower half of its industry. The industry median Days Payable is 88.46. RNFI Services' value of 2.67 is 97% below this benchmark. Historically, RNFI Services' own Days Payable has ranged from 0.68 to 7.95 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 88.46, RNFI Services 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 88.46, based on 539 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. RNFI Services's current Days Payable of 2.67 is 97% 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 RNFI Services and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RNFI Services's current Days Payable is 2.67, which is 37% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RNFI Services stock overvalued right now?
RNFI Services (NSE:RNFI) has a current Days Payable of 2.67. The current Days Payable is 2.67, which is 37% above median its 10-year median of 1.95 and 97% below the Capital Markets industry median of 88.46. RNFI Services' overall GF Score™ is 50/100 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 RNFI Services (NSE:RNFI), the current Days Payable is 2.67 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.

RNFI Services Business Description

Address DLF Industrial Area, Plot No. 42, UG-5, Relipay House, Kirti Nagar, West Delhi, New Delhi, IND, 110015
RNFI Services Ltd is a business correspondent of various banks and payment banks and engaged in the business of Domestic Money Transfer (DMT), IMPS, Aadhar Enabled Payment System (AEPS), Mobile Recharges, Railway and Air Tickets, Cash Management Services, EMI Collection Services, Delinquent Loan Collection and other incidental business through its merchants (namely Retailers, Distributors, Partners and Super Distributors) network across India. The group's reportable segments are: Business Correspondent, Non-Business Correspondent, Full Fledge Money Changer, and Direct Insurance Broking. Maximum revenue is generated from its Full Fledge Money Changer segment, which comprises all sales and purchases of foreign currency and services belonging to FFMC (Full Fledge Money Changer).
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