Transport of India (NSE:TCI) Days Payable: 20.95 (As of Mar. 2026) — 118% Above Median


NSE:TCI Transport Corp of India Ltd NSE:TCI
88 GF Score
Price ₹930.85
GF Value ₹1,164.22
Valuation Modestly Undervalued
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What is Transport of India Days Payable?

Transport of India NSE:TCI -0.67% 88 Days Payable is 20.95 as of Mar. 2026, which is 118% above its 10-year median of 9.61. GuruFocus rates NSE:TCI with a GF Score™ of 88/100 and a GF Value™ of ₹1,164.22 (Modestly Undervalued). Among 966 Transportation companies, Transport of India ranks worse than 89.86% on this metric.

Transport of India's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,669 Mil. Transport of India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹11,626 Mil. Hence, Transport of India's Days Payable for the three months ended in Mar. 2026 was 20.95.

The historical rank and industry rank for Transport of India's Days Payable or its related term are showing as below:

NSE:TCI' s Days Payable Range Over the Past 10 Years
Min: 7.14   Med: 9.61   Max: 15.69
Current: 13.56

During the past 13 years, Transport of India's highest Days Payable was 15.69. The lowest was 7.14. And the median was 9.61.

NSE:TCI's Days Payable is ranked worse than
89.86% of 966 companies
in the Transportation industry
Industry Median: 39.085 vs NSE:TCI: 13.56

Transport of India's Days Payable increased from Mar. 2025 (9.34) to Mar. 2026 (20.95). It may suggest that Transport of India delayed paying its suppliers.


Transport of India Days Payable Historical Data

* Premium members only.

The historical data trend for Transport of India'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.

Transport of India Days Payable Chart

Transport of India 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 12.14 9.36 7.14 7.88 15.69

Transport of India 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 9.34 9.64 9.51 9.06 20.95

NSE:TCI vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Transport of India'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.


Transport of India Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Transport of India's Days Payable distribution charts can be found below:

* The bar in red indicates where Transport of India's Days Payable falls into.


NSE:TCI
88GF Score
Transport Corp of India Ltd NSE:TCI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Transport of India 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.

Transport of India'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
=( (1065.54 + 2669) / 2 ) / 43426*365
=1867.27 / 43426*365
=15.69

Transport of India'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 + 2669) / 1 ) / 11626*365 / 4
=2669 / 11626*365 / 4
=20.95

* 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 20.95 mean?
Transport of India (NSE:TCI) has a Days Payable of 20.95 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 Transport of India and its competitors. This is 118% above median its historical median of 9.61. Over the past decade, Transport of India's Days Payable has ranged from 7.14 to 15.69. According to the industry distribution chart, Transport of India ranks #868 out of 966 companies in the Transportation industry, placing it in the top 89.9%.
Is Transport of India's Days Payable too high?
Transport of India's current Days Payable of 20.95 is 118% above median its 10-year median of 9.61. Over the past 10 years, this metric has ranged from a low of 7.14 to a high of 15.69. The Transportation industry median Days Payable is 39.09. Transport of India's value of 20.95 is 46.4% below this industry median. Based on the distribution chart, Transport of India ranks #868 out of 966 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Transport of India has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transport of India's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Transport of India ranks #868 out of 966 companies for Days Payable. This places Transport of India in the lower half of its industry. The industry median Days Payable is 39.09. Transport of India's value of 20.95 is 46.4% below this benchmark. Historically, Transport of India's own Days Payable has ranged from 7.14 to 15.69 over the past decade. While the company's 10-year median is 9.61 vs. the industry median of 39.09, Transport of India 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 Transportation company?
The median Days Payable among Transportation companies is 39.09, based on 966 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. Transport of India's current Days Payable of 20.95 is 46.4% 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 Transport of India and its competitors. For the Transportation industry, the median Days Payable is 39.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transport of India's current Days Payable is 20.95, which is 118% above median its own 10-year median of 9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transport of India stock overvalued right now?
Based on GuruFocus' analysis, Transport of India (NSE:TCI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,164.22, compared to a current price of ₹930.85 — trading 20% below its estimated fair value. The current Days Payable is 20.95, which is 118% above median its 10-year median of 9.61 and 46.4% below the Transportation industry median of 39.09. Transport of India's overall GF Score™ is 88/100. 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 Transport of India (NSE:TCI), the current Days Payable is 20.95 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 Transport of India (NSE:TCI) Overvalued in 2026?

Based on GuruFocus' analysis, Transport of India stock appears to be undervalued. The current stock price of ₹930.85 is trading 20% below its estimated GF Value™ of ₹1,164.22. GuruFocus considers Transport of India to be Modestly Undervalued.

Key valuation signals for NSE:TCI:

  • Days Payable: 20.95 (118% above median its 10-year median of 9.61)
  • GF Value™: ₹1,164.22 vs. price of ₹930.85 (20% below fair value)
  • GF Score™: 88/100
  • Industry Position: 46.4% below the Transportation median (#868 of 966)

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


Transport of India Business Description

Other Exchanges 532349:India
Address TCI House, 69 Institutional Area, Sector-32, Gurugram, HR, IND, 122001
Transport Corp of India Ltd is an integrated logistics and supply chain solutions provider. The company's operating segment includes Freight, Supply Chain Solutions, Seaways, and Energy. It generates maximum revenue from the Freight Division segment. The Company derives revenues from the business of freight, logistics services (comprising of supply chain management, warehousing, and allied services), and the sale of power. Geographically, it operates only in India.
88GF Score

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

₹930.85
Price
₹1,164.22
GF Value