Viaz Tyres (NSE:VIAZ) Days Payable: 8.57 (As of Mar. 2026) — 58% Below Median


NSE:VIAZ Viaz Tyres Ltd NSE:VIAZ
84 GF Score
Price ₹60.80
GF Value ₹119.98
Valuation Possible Value Trap
! 6 Warning Signs
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What is Viaz Tyres Days Payable?

Viaz Tyres NSE:VIAZ 84 Days Payable is 8.57 as of Mar. 2026, which is 58% below its 10-year median of 20.51. GuruFocus rates NSE:VIAZ with a GF Score™ of 84/100 and a GF Value™ of ₹119.98 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Viaz Tyres ranks worse than 94.04% on this metric.

Viaz Tyres's average Accounts Payable for the six months ended in Mar. 2026 was ₹26.9 Mil. Viaz Tyres's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹573.2 Mil. Hence, Viaz Tyres's Days Payable for the six months ended in Mar. 2026 was 8.57.

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

NSE:VIAZ' s Days Payable Range Over the Past 10 Years
Min: 10.54   Med: 20.51   Max: 26.22
Current: 17.13

During the past 7 years, Viaz Tyres's highest Days Payable was 26.22. The lowest was 10.54. And the median was 20.51.

NSE:VIAZ's Days Payable is ranked worse than
94.04% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.035 vs NSE:VIAZ: 17.13

Viaz Tyres's Days Payable increased from Mar. 2024 (0.00) to Mar. 2026 (8.57). It may suggest that Viaz Tyres delayed paying its suppliers.


Viaz Tyres Days Payable Historical Data

* Premium members only.

The historical data trend for Viaz Tyres'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.

Viaz Tyres Days Payable Chart

Viaz Tyres Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 26.22 21.90 20.51 21.24 10.54

Viaz Tyres Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
Days Payable Get a 7-Day Free Trial 18.58 22.97 0.00 21.18 8.57

NSE:VIAZ vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Viaz Tyres'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.


Viaz Tyres Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Viaz Tyres's Days Payable falls into.


NSE:VIAZ
84GF Score
Viaz Tyres Ltd NSE:VIAZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Viaz Tyres 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.

Viaz Tyres'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
=( (33.095 + 20.718) / 2 ) / 931.685*365
=26.9065 / 931.685*365
=10.54

Viaz Tyres'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (33.095 + 20.718) / 2 ) / 573.235*365 / 2
=26.9065 / 573.235*365 / 2
=8.57

* 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 8.57 mean?
Viaz Tyres (NSE:VIAZ) has a Days Payable of 8.57 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 Viaz Tyres and its competitors. This is 58% below median its historical median of 20.51. Over the past decade, Viaz Tyres' Days Payable has ranged from 10.54 to 26.22. According to the industry distribution chart, Viaz Tyres ranks #1230 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 94%.
Is Viaz Tyres' Days Payable too high?
Viaz Tyres' current Days Payable of 8.57 is 58% below median its 10-year median of 20.51. Over the past 10 years, this metric has ranged from a low of 10.54 to a high of 26.22. The Vehicles & Parts industry median Days Payable is 67.04. Viaz Tyres' value of 8.57 is 87.2% below this industry median. Based on the distribution chart, Viaz Tyres ranks #1230 out of 1308 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Viaz Tyres has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viaz Tyres' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Viaz Tyres ranks #1230 out of 1308 companies for Days Payable. This places Viaz Tyres in the lower half of its industry. The industry median Days Payable is 67.04. Viaz Tyres' value of 8.57 is 87.2% below this benchmark. Historically, Viaz Tyres' own Days Payable has ranged from 10.54 to 26.22 over the past decade. While the company's 10-year median is 20.51 vs. the industry median of 67.04, Viaz Tyres 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.04, based on 1,308 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. Viaz Tyres's current Days Payable of 8.57 is 87.2% 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 Viaz Tyres and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viaz Tyres's current Days Payable is 8.57, which is 58% below median its own 10-year median of 20.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viaz Tyres stock overvalued right now?
Based on GuruFocus' analysis, Viaz Tyres (NSE:VIAZ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹119.98, compared to a current price of ₹60.80 — trading 49.3% below its estimated fair value. The current Days Payable is 8.57, which is 58% below median its 10-year median of 20.51 and 87.2% below the Vehicles & Parts industry median of 67.04. Viaz Tyres' overall GF Score™ is 84/100 with 6 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 Viaz Tyres (NSE:VIAZ), the current Days Payable is 8.57 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 Viaz Tyres (NSE:VIAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Viaz Tyres stock appears to be undervalued. The current stock price of ₹60.80 is trading 49.3% below its estimated GF Value™ of ₹119.98. GuruFocus considers Viaz Tyres to be Possible Value Trap.

Key valuation signals for NSE:VIAZ:

  • Days Payable: 8.57 (58% below median its 10-year median of 20.51)
  • GF Value™: ₹119.98 vs. price of ₹60.80 (49.3% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 87.2% below the Vehicles & Parts median (#1230 of 1308)

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


Viaz Tyres Business Description

Address Sal Hospital Road, 915/916, Maple Trade, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380059
Viaz Tyres Ltd is engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. Its product portfolio comprises bicycle tyres, bicycle butyl moulded tubes, scooter and moped tubes, passenger car tubes, farm vehicle tubes, lubricants, grease, tubless tyre kits, and multipurpose air pumps, among others. The company operates in a single business segment, which comprises the manufacturing and selling of Tubes and Tyres. Its geographical segment is considered based on sales within India and outside India.
84GF Score

Get the complete analysis for NSE:VIAZ

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

₹60.80
Price
₹119.98
GF Value