Zeal Global Services (NSE:ZEAL) Days Payable: 51.27 (As of Mar. 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ZEAL Zeal Global Services Ltd NSE:ZEAL
57 GF Score
Price ₹63.00
GF Value ₹200.58
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Zeal Global Services Days Payable?

Zeal Global Services NSE:ZEAL -1.56% 57 Days Payable is 51.27 as of Mar. 2026, which is 12% above its 10-year median of 45.71. GuruFocus rates NSE:ZEAL with a GF Score™ of 57/100 and a GF Value™ of ₹200.58 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 968 Transportation companies, Zeal Global Services ranks worse than 51.03% on this metric.

Zeal Global Services's average Accounts Payable for the six months ended in Mar. 2026 was ₹271 Mil. Zeal Global Services's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹966 Mil. Hence, Zeal Global Services's Days Payable for the six months ended in Mar. 2026 was 51.27.

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

NSE:ZEAL' s Days Payable Range Over the Past 10 Years
Min: 28.63   Med: 45.71   Max: 82.49
Current: 37.98

During the past 7 years, Zeal Global Services's highest Days Payable was 82.49. The lowest was 28.63. And the median was 45.71.

NSE:ZEAL's Days Payable is ranked worse than
51.03% of 968 companies
in the Transportation industry
Industry Median: 38.62 vs NSE:ZEAL: 37.98

Zeal Global Services's Days Payable increased from Mar. 2025 (25.83) to Mar. 2026 (51.27). It may suggest that Zeal Global Services delayed paying its suppliers.


Zeal Global Services Days Payable Historical Data

* Premium members only.

The historical data trend for Zeal Global 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.

Zeal Global Services Days Payable Chart

Zeal Global Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 44.87 61.37 45.71 28.63 35.92

Zeal Global Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 50.81 31.92 25.83 31.66 51.27

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

For the Integrated Freight & Logistics subindustry, Zeal Global 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.


Zeal Global Services Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Zeal Global Services's Days Payable distribution charts can be found below:

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


NSE:ZEAL
57GF Score
Zeal Global Services Ltd NSE:ZEAL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeal Global 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.

Zeal Global 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
=( (262.243 + 245.225) / 2 ) / 2578.163*365
=253.734 / 2578.163*365
=35.92

Zeal Global 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
=( (297.29 + 245.225) / 2 ) / 965.619*365 / 2
=271.2575 / 965.619*365 / 2
=51.27

* 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 51.27 mean?
Zeal Global Services (NSE:ZEAL) has a Days Payable of 51.27 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 Zeal Global Services and its competitors. This is 12% above median its historical median of 45.71. Over the past decade, Zeal Global Services' Days Payable has ranged from 28.63 to 82.49. According to the industry distribution chart, Zeal Global Services ranks #494 out of 968 companies in the Transportation industry, placing it in the top 51%.
Is Zeal Global Services' Days Payable too high?
Zeal Global Services' current Days Payable of 51.27 is 12% above median its 10-year median of 45.71. Over the past 10 years, this metric has ranged from a low of 28.63 to a high of 82.49. The Transportation industry median Days Payable is 38.62. Zeal Global Services' value of 51.27 is 32.8% above this industry median. Based on the distribution chart, Zeal Global Services ranks #494 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Zeal Global Services has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Zeal Global Services ranks #494 out of 968 companies for Days Payable. This places Zeal Global Services in the lower half of its industry. The industry median Days Payable is 38.62. Zeal Global Services' value of 51.27 is 32.8% above this benchmark. Historically, Zeal Global Services' own Days Payable has ranged from 28.63 to 82.49 over the past decade. While the company's 10-year median is 45.71 vs. the industry median of 38.62, Zeal Global Services 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 968 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. Zeal Global Services's current Days Payable of 51.27 is 32.8% 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 Zeal Global Services and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Global Services's current Days Payable is 51.27, which is 12% above median its own 10-year median of 45.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹200.58, compared to a current price of ₹63.00 — trading 68.6% below its estimated fair value. The current Days Payable is 51.27, which is 12% above median its 10-year median of 45.71 and 32.8% above the Transportation industry median of 38.62. Zeal Global Services' overall GF Score™ is 57/100 with 7 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 Zeal Global Services (NSE:ZEAL), the current Days Payable is 51.27 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 Zeal Global Services (NSE:ZEAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued. The current stock price of ₹63.00 is trading 68.6% below its estimated GF Value™ of ₹200.58. GuruFocus considers Zeal Global Services to be Possible Value Trap.

Key valuation signals for NSE:ZEAL:

  • Days Payable: 51.27 (12% above median its 10-year median of 45.71)
  • GF Value™: ₹200.58 vs. price of ₹63.00 (68.6% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 32.8% above the Transportation median (#494 of 968)

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


Zeal Global Services Business Description

Address Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
57GF Score

Get the complete analysis for NSE:ZEAL

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

₹63.00
Price
₹200.58
GF Value