VST Industries (NSE:VSTIND) Days Payable: 73.40 (As of Mar. 2026) — 30% Above Median


NSE:VSTIND VST Industries Ltd NSE:VSTIND
83 GF Score
Price ₹261.10
GF Value ₹347.33
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is VST Industries Days Payable?

VST Industries NSE:VSTIND +0.15% 83 Days Payable is 73.40 as of Mar. 2026, which is 30% above its 10-year median of 56.61. GuruFocus rates NSE:VSTIND with a GF Score™ of 83/100 and a GF Value™ of ₹347.33 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 47 Tobacco Products companies, VST Industries ranks better than 59.57% on this metric.

VST Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,238 Mil. VST Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,539 Mil. Hence, VST Industries's Days Payable for the three months ended in Mar. 2026 was 73.40.

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

NSE:VSTIND' s Days Payable Range Over the Past 10 Years
Min: 43.77   Med: 56.61   Max: 94.32
Current: 68.74

During the past 13 years, VST Industries's highest Days Payable was 94.32. The lowest was 43.77. And the median was 56.61.

NSE:VSTIND's Days Payable is ranked better than
59.57% of 47 companies
in the Tobacco Products industry
Industry Median: 54 vs NSE:VSTIND: 68.74

VST Industries's Days Payable increased from Mar. 2025 (56.52) to Mar. 2026 (73.40). It may suggest that VST Industries delayed paying its suppliers.


VST Industries Days Payable Historical Data

* Premium members only.

The historical data trend for VST Industries'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.

VST Industries Days Payable Chart

VST Industries 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 75.76 57.00 50.83 56.21 66.80

VST Industries 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 56.52 79.91 68.79 60.54 73.40

NSE:VSTIND vs PM, MO, TPB: Days Payable Comparison

For the Tobacco subindustry, VST Industries'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.


VST Industries Days Payable vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, VST Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where VST Industries's Days Payable falls into.


NSE:VSTIND
83GF Score
VST Industries Ltd NSE:VSTIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VST Industries 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.

VST Industries'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
=( (1271.161 + 1237.9) / 2 ) / 6855.1*365
=1254.5305 / 6855.1*365
=66.80

VST Industries'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 + 1237.9) / 1 ) / 1539*365 / 4
=1237.9 / 1539*365 / 4
=73.40

* 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 73.40 mean?
VST Industries (NSE:VSTIND) has a Days Payable of 73.40 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 VST Industries and its competitors. This is 30% above median its historical median of 56.61. Over the past decade, VST Industries' Days Payable has ranged from 43.77 to 94.32. According to the industry distribution chart, VST Industries ranks #19 out of 47 companies in the Tobacco Products industry, placing it in the top 40.4%.
Is VST Industries' Days Payable too high?
VST Industries' current Days Payable of 73.40 is 30% above median its 10-year median of 56.61. Over the past 10 years, this metric has ranged from a low of 43.77 to a high of 94.32. The Tobacco Products industry median Days Payable is 54.00. VST Industries' value of 73.40 is 35.9% above this industry median. Based on the distribution chart, VST Industries ranks #19 out of 47 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, VST Industries has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VST Industries' Days Payable compare to PM and MO?
According to the Tobacco Products industry distribution chart, VST Industries ranks #19 out of 47 companies for Days Payable. This puts VST Industries in the upper half of its industry. The industry median Days Payable is 54.00. VST Industries' value of 73.40 is 35.9% above this benchmark. Historically, VST Industries' own Days Payable has ranged from 43.77 to 94.32 over the past decade. While the company's 10-year median is 56.61 vs. the industry median of 54.00, VST Industries 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 Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 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. VST Industries's current Days Payable of 73.40 is 35.9% 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 VST Industries and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VST Industries's current Days Payable is 73.40, which is 30% above median its own 10-year median of 56.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VST Industries stock overvalued right now?
Based on GuruFocus' analysis, VST Industries (NSE:VSTIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹347.33, compared to a current price of ₹261.10 — trading 24.8% below its estimated fair value. The current Days Payable is 73.40, which is 30% above median its 10-year median of 56.61 and 35.9% above the Tobacco Products industry median of 54.00. VST Industries' overall GF Score™ is 83/100 with 4 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 VST Industries (NSE:VSTIND), the current Days Payable is 73.40 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 VST Industries (NSE:VSTIND) Overvalued in 2026?

Based on GuruFocus' analysis, VST Industries stock appears to be undervalued. The current stock price of ₹261.10 is trading 24.8% below its estimated GF Value™ of ₹347.33. GuruFocus considers VST Industries to be Modestly Undervalued.

Key valuation signals for NSE:VSTIND:

  • Days Payable: 73.40 (30% above median its 10-year median of 56.61)
  • GF Value™: ₹347.33 vs. price of ₹261.10 (24.8% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 35.9% above the Tobacco Products median (#19 of 47)

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


VST Industries Business Description

Other Exchanges 509966:India
Address 1-7-1063/1065, P.O. Box No. 1804, Azamabad, Hyderabad, TG, IND, 500 020
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.
83GF Score

Get the complete analysis for NSE:VSTIND

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

₹261.10
Price
₹347.33
GF Value