Tata Motors Passenger Vehicles (NSE:TMPV) Days Payable: 127.39 (As of Mar. 2026) — 16% Below Median


NSE:TMPV Tata Motors Passenger Vehicles Ltd NSE:TMPV
69 GF Score
Price ₹349.70
GF Value ₹333.21
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Tata Motors Passenger Vehicles Days Payable?

Tata Motors Passenger Vehicles NSE:TMPV -1.37% 69 Days Payable is 127.39 as of Mar. 2026, which is 16% below its 10-year median of 151.39. GuruFocus rates NSE:TMPV with a GF Score™ of 69/100 and a GF Value™ of ₹333.21 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Tata Motors Passenger Vehicles ranks better than 81.04% on this metric.

Tata Motors Passenger Vehicles's average Accounts Payable for the three months ended in Mar. 2026 was ₹929,460 Mil. Tata Motors Passenger Vehicles's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹665,780 Mil. Hence, Tata Motors Passenger Vehicles's Days Payable for the three months ended in Mar. 2026 was 127.39.

The historical rank and industry rank for Tata Motors Passenger Vehicles's Days Payable or its related term are showing as below:

NSE:TMPV' s Days Payable Range Over the Past 10 Years
Min: 115.85   Med: 151.39   Max: 177.46
Current: 141.99

During the past 13 years, Tata Motors Passenger Vehicles's highest Days Payable was 177.46. The lowest was 115.85. And the median was 151.39.

NSE:TMPV's Days Payable is ranked better than
81.04% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 67.12 vs NSE:TMPV: 141.99

Tata Motors Passenger Vehicles's Days Payable declined from Mar. 2025 (149.78) to Mar. 2026 (127.39). It may suggest that Tata Motors Passenger Vehicles accelerated paying its suppliers.


Tata Motors Passenger Vehicles Days Payable Historical Data

* Premium members only.

The historical data trend for Tata Motors Passenger Vehicles'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.

Tata Motors Passenger Vehicles Days Payable Chart

Tata Motors Passenger Vehicles 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 151.72 119.69 115.85 157.58 161.48

Tata Motors Passenger Vehicles 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 149.78 133.76 136.77 149.64 127.39

NSE:TMPV vs TSLA, GM, F: Days Payable Comparison

For the Auto Manufacturers subindustry, Tata Motors Passenger Vehicles'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.


Tata Motors Passenger Vehicles Days Payable vs Vehicles & Parts Industry

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

* The bar in red indicates where Tata Motors Passenger Vehicles's Days Payable falls into.


NSE:TMPV
69GF Score
Tata Motors Passenger Vehicles Ltd NSE:TMPV
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Motors Passenger Vehicles 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.

Tata Motors Passenger Vehicles'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
=( (980490 + 929460) / 2 ) / 2158510*365
=954975 / 2158510*365
=161.48

Tata Motors Passenger Vehicles'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 + 929460) / 1 ) / 665780*365 / 4
=929460 / 665780*365 / 4
=127.39

* 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 127.39 mean?
Tata Motors Passenger Vehicles (NSE:TMPV) has a Days Payable of 127.39 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 Tata Motors Passenger Vehicles and its competitors. This is 16% below median its historical median of 151.39. Over the past decade, Tata Motors Passenger Vehicles' Days Payable has ranged from 115.85 to 177.46. According to the industry distribution chart, Tata Motors Passenger Vehicles ranks #249 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 19%.
Is Tata Motors Passenger Vehicles' Days Payable too high?
Tata Motors Passenger Vehicles' current Days Payable of 127.39 is 16% below median its 10-year median of 151.39. Over the past 10 years, this metric has ranged from a low of 115.85 to a high of 177.46. The Vehicles & Parts industry median Days Payable is 67.12. Tata Motors Passenger Vehicles' value of 127.39 is 89.8% above this industry median. Based on the distribution chart, Tata Motors Passenger Vehicles ranks #249 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tata Motors Passenger Vehicles has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Motors Passenger Vehicles' Days Payable compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Tata Motors Passenger Vehicles ranks #249 out of 1313 companies for Days Payable. This places Tata Motors Passenger Vehicles in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.12. Tata Motors Passenger Vehicles' value of 127.39 is 89.8% above this benchmark. Historically, Tata Motors Passenger Vehicles' own Days Payable has ranged from 115.85 to 177.46 over the past decade. While the company's 10-year median is 151.39 vs. the industry median of 67.12, Tata Motors Passenger Vehicles 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 67.12, based on 1,313 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. Tata Motors Passenger Vehicles's current Days Payable of 127.39 is 89.8% 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 Tata Motors Passenger Vehicles and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Motors Passenger Vehicles's current Days Payable is 127.39, which is 16% below median its own 10-year median of 151.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Motors Passenger Vehicles stock overvalued right now?
Based on GuruFocus' analysis, Tata Motors Passenger Vehicles (NSE:TMPV) is currently considered Fairly Valued. The stock's GF Value™ is ₹333.21, compared to a current price of ₹349.70 — trading 4.9% above its estimated fair value. The current Days Payable is 127.39, which is 16% below median its 10-year median of 151.39 and 89.8% above the Vehicles & Parts industry median of 67.12. Tata Motors Passenger Vehicles' overall GF Score™ is 69/100 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 Tata Motors Passenger Vehicles (NSE:TMPV), the current Days Payable is 127.39 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 Tata Motors Passenger Vehicles (NSE:TMPV) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Motors Passenger Vehicles stock appears to be overvalued. The current stock price of ₹349.70 is trading 4.9% above its estimated GF Value™ of ₹333.21. GuruFocus considers Tata Motors Passenger Vehicles to be Fairly Valued.

Key valuation signals for NSE:TMPV:

  • Days Payable: 127.39 (16% below median its 10-year median of 151.39)
  • GF Value™: ₹333.21 vs. price of ₹349.70 (4.9% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 89.8% above the Vehicles & Parts median (#249 of 1313)

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


Tata Motors Passenger Vehicles Business Description

Other Exchanges 500570:India
Address 24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400001
Tata Motors Passenger Vehicles Ltd Formerly Tata Motors Ltd designs, manufactures and sells a wide range of automotive vehicles and provides information technology services. The company also manufactures engines for industrial applications. Its operating segments include Automotive and Others. It mainly operates in the automotive business. The automotive business includes all activities relating to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts, accessories and services. The Automotive segment consists of three reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles and Jaguar Land Rover of which majority of revenue comes from Jaguar Land Rover. It has majority of sales from India followed by United States, UK, etc.
69GF Score

Get the complete analysis for NSE:TMPV

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

₹349.70
Price
₹333.21
GF Value