SPR Auto Technologies (NSE:SHRIPISTON) Days Payable: 83.08 (As of Mar. 2026) — 23% Below Median


NSE:SHRIPISTON SPR Auto Technologies Ltd NSE:SHRIPISTON
85 GF Score
Price ₹4,197.50
GF Value ₹3,156.07
Valuation Significantly Overvalued
! 10 Warning Signs
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What is SPR Auto Technologies Days Payable?

SPR Auto Technologies NSE:SHRIPISTON -2.53% 85 Days Payable is 83.08 as of Mar. 2026, which is 23% below its 10-year median of 108.57. GuruFocus rates NSE:SHRIPISTON with a GF Score™ of 85/100 and a GF Value™ of ₹3,156.07 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,309 Vehicles & Parts companies, SPR Auto Technologies ranks better than 63.87% on this metric.

SPR Auto Technologies's average Accounts Payable for the three months ended in Mar. 2026 was ₹6,825 Mil. SPR Auto Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹7,497 Mil. Hence, SPR Auto Technologies's Days Payable for the three months ended in Mar. 2026 was 83.08.

The historical rank and industry rank for SPR Auto Technologies's Days Payable or its related term are showing as below:

NSE:SHRIPISTON' s Days Payable Range Over the Past 10 Years
Min: 77.3   Med: 108.57   Max: 127.82
Current: 88.6

During the past 12 years, SPR Auto Technologies's highest Days Payable was 127.82. The lowest was 77.30. And the median was 108.57.

NSE:SHRIPISTON's Days Payable is ranked better than
63.87% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs NSE:SHRIPISTON: 88.60

SPR Auto Technologies's Days Payable declined from Mar. 2025 (87.11) to Mar. 2026 (83.08). It may suggest that SPR Auto Technologies accelerated paying its suppliers.


SPR Auto Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for SPR Auto Technologies'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.

SPR Auto Technologies Days Payable Chart

SPR Auto Technologies 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 108.62 80.73 77.30 78.11 83.20

SPR Auto Technologies 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 87.11 92.33 82.71 81.20 83.08

NSE:SHRIPISTON vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, SPR Auto Technologies'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.


SPR Auto Technologies Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SPR Auto Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where SPR Auto Technologies's Days Payable falls into.


NSE:SHRIPISTON
85GF Score
SPR Auto Technologies Ltd NSE:SHRIPISTON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SPR Auto Technologies 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.

SPR Auto Technologies'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
=( (4106.98 + 6825.38) / 2 ) / 23980.54*365
=5466.18 / 23980.54*365
=83.20

SPR Auto Technologies'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 + 6825.38) / 1 ) / 7497*365 / 4
=6825.38 / 7497*365 / 4
=83.08

* 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 83.08 mean?
SPR Auto Technologies (NSE:SHRIPISTON) has a Days Payable of 83.08 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 SPR Auto Technologies and its competitors. This is 23% below median its historical median of 108.57. Over the past decade, SPR Auto Technologies' Days Payable has ranged from 77.30 to 127.82. According to the industry distribution chart, SPR Auto Technologies ranks #473 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 36.1%.
Is SPR Auto Technologies' Days Payable too high?
SPR Auto Technologies' current Days Payable of 83.08 is 23% below median its 10-year median of 108.57. Over the past 10 years, this metric has ranged from a low of 77.30 to a high of 127.82. The Vehicles & Parts industry median Days Payable is 67.02. SPR Auto Technologies' value of 83.08 is 24% above this industry median. Based on the distribution chart, SPR Auto Technologies ranks #473 out of 1309 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, SPR Auto Technologies has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPR Auto Technologies' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SPR Auto Technologies ranks #473 out of 1309 companies for Days Payable. This puts SPR Auto Technologies in the upper half of its industry. The industry median Days Payable is 67.02. SPR Auto Technologies' value of 83.08 is 24% above this benchmark. Historically, SPR Auto Technologies' own Days Payable has ranged from 77.30 to 127.82 over the past decade. While the company's 10-year median is 108.57 vs. the industry median of 67.02, SPR Auto Technologies 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 1,309 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. SPR Auto Technologies's current Days Payable of 83.08 is 24% 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 SPR Auto Technologies 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. SPR Auto Technologies's current Days Payable is 83.08, which is 23% below median its own 10-year median of 108.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPR Auto Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPR Auto Technologies (NSE:SHRIPISTON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,156.07, compared to a current price of ₹4,197.50 — trading 33% above its estimated fair value. The current Days Payable is 83.08, which is 23% below median its 10-year median of 108.57 and 24% above the Vehicles & Parts industry median of 67.02. SPR Auto Technologies' overall GF Score™ is 85/100 with 10 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 SPR Auto Technologies (NSE:SHRIPISTON), the current Days Payable is 83.08 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 SPR Auto Technologies (NSE:SHRIPISTON) Overvalued in 2026?

Based on GuruFocus' analysis, SPR Auto Technologies stock appears to be overvalued. The current stock price of ₹4,197.50 is trading 33% above its estimated GF Value™ of ₹3,156.07. GuruFocus considers SPR Auto Technologies to be Significantly Overvalued.

Key valuation signals for NSE:SHRIPISTON:

  • Days Payable: 83.08 (23% below median its 10-year median of 108.57)
  • GF Value™: ₹3,156.07 vs. price of ₹4,197.50 (33% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 24% above the Vehicles & Parts median (#473 of 1309)

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


SPR Auto Technologies Business Description

Other Exchanges 544344:India
Address 23, Kasturba Gandhi Marg, 3rd Floor, Himalaya House, New Delhi, IND, 110 001
SPR Auto Technologies Ltd, formerly known as Shriram Pistons & Rings Ltd, is engaged in the business of manufacturing and marketing its automotive component. The company's product portfolio comprises Pistons, Piston Pins, Piston Rings, and Engine Valves. Its product is used by passenger commercial vehicles, cars, two-wheelers, tractors, and stationary engines. The company derives revenue mainly from sales in the domestic market.
85GF Score

Get the complete analysis for NSE:SHRIPISTON

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

₹4,197.50
Price
₹3,156.07
GF Value