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NelcoBOM:504112 -0.22%67 Days Payable is 549.09 as of Jun. 2026, which is 246% above its 10-year median of 158.75. GuruFocus rates BOM:504112 with a GF Score™ of 67/100 and a GF Value™ of ₹812.10 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,442 Hardware companies, Nelco ranks better than 98.2% on this metric.
Nelco's average Accounts Payable for the
three
months ended in Jun. 2026 was ₹414 Mil. Nelco's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₹69 Mil.
Hence, Nelco's Days Payable for the
three
months ended in Jun. 2026 was 549.09.
The historical rank and industry rank for Nelco's Days Payable or its related term are showing as below:
BOM:504112'
s Days Payable Range Over the Past 10 Years
Min: 112.7 Med: 158.75 Max: 481.52
Current: 481.52
During the past 13 years, Nelco's highest Days Payable was 481.52. The lowest was 112.70. And the median was 158.75.
BOM:504112's Days Payable is ranked better than 98.2% of 2442
companies
in the Hardware industry
Industry Median: 69.89
vs BOM:504112: 481.52
Nelco's Days Payable
increased
from Jun. 2025 (422.55) to Jun. 2026 (549.09).
It may suggest that Nelcodelayed paying its suppliers.
Nelco Days Payable Related Terms
Nelco Days Payable Historical Data
* Premium members only.
The historical data trend for Nelco'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.
BOM:504112 vs CSCO, CIEN, MSI: Days Payable Comparison
For the Communication Equipment subindustry, Nelco'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.
Nelco Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Nelco's Days Payable distribution charts can be found below:
* The bar in red indicates where Nelco's Days Payable falls into.
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.
Nelco's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Nelco (BOM:504112) has a Days Payable of 549.09 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nelco and its competitors. This is 246% above median its historical median of 158.75. Over the past decade, Nelco's Days Payable has ranged from 112.70 to 481.52. According to the industry distribution chart, Nelco ranks #44 out of 2442 companies in the Hardware industry, placing it in the top 1.8%.
Is Nelco's Days Payable too high?
Nelco's current Days Payable of 549.09 is 246% above median its 10-year median of 158.75. Over the past 10 years, this metric has ranged from a low of 112.70 to a high of 481.52. The Hardware industry median Days Payable is 69.89. Nelco's value of 549.09 is 685.6% above this industry median. Based on the distribution chart, Nelco ranks #44 out of 2442 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nelco has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nelco's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Nelco ranks #44 out of 2442 companies for Days Payable. This places Nelco in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.89. Nelco's value of 549.09 is 685.6% above this benchmark. Historically, Nelco's own Days Payable has ranged from 112.70 to 481.52 over the past decade. While the company's 10-year median is 158.75 vs. the industry median of 69.89, Nelco 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,442 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. Nelco's current Days Payable of 549.09 is 685.6% 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 Nelco and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nelco's current Days Payable is 549.09, which is 246% above median its own 10-year median of 158.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelco stock overvalued right now?
Based on GuruFocus' analysis, Nelco (BOM:504112) is currently considered Fairly Valued. The stock's GF Value™ is ₹812.10, compared to a current price of ₹865.70 — trading 6.6% above its estimated fair value. The current Days Payable is 549.09, which is 246% above median its 10-year median of 158.75 and 685.6% above the Hardware industry median of 69.89. Nelco's overall GF Score™ is 67/100 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 Nelco (BOM:504112), the current Days Payable is 549.09 as of Jun. 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 Nelco (BOM:504112) Overvalued in 2026?
Based on GuruFocus' analysis, Nelco stock appears to be overvalued.
The current stock price of ₹865.70 is trading 6.6% above its estimated GF Value™ of ₹812.10.
GuruFocus considers Nelco to be Fairly Valued.
Key valuation signals for BOM:504112:
Days Payable: 549.09 (246% above median its 10-year median of 158.75)
GF Value™: ₹812.10 vs. price of ₹865.70 (6.6% above fair value)
Industry Position: 685.6% above the Hardware median (#44 of 2442)
No single metric tells the full story. See the BOM:504112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nelco Ltd is in the business of providing domestic satellite communication services to close user group (CUG) networks via Satellite System on non-exclusive basis within the territorial boundary of India under the VSAT, ISP and other Licenses and authorisation granted by Department of Telecommunications, Government of India. The company operates in a single reportable segment, namely Network Systems, comprising Satellite Communication (Satcom) Services, which include equipment sales, maintenance, and other allied services. The group earns revenue from providing Satellite communication connectivity systems and solutions through sale of goods, providing installation and annual maintenance services, renting of goods, Integrated Security & Surveillance services.
67GF Score
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