Eimco Elecon India (BOM:523708) Days Payable: 43.03 (As of Jun. 2026) — 43% Below Median

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BOM:523708 Eimco Elecon India Ltd BOM:523708
77 GF Score
Price ₹1,887.25
GF Value ₹1,889.84
Valuation Fairly Valued
! 5 Warning Signs
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What is Eimco Elecon India Days Payable?

Eimco Elecon India BOM:523708 +6.81% 77 Days Payable is 43.03 as of Jun. 2026, which is 43% below its 10-year median of 75.94. GuruFocus rates BOM:523708 with a GF Score™ of 77/100 and a GF Value™ of ₹1,889.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Eimco Elecon India ranks worse than 57.89% on this metric.

Eimco Elecon India's average Accounts Payable for the three months ended in Jun. 2026 was ₹176 Mil. Eimco Elecon India's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹374 Mil. Hence, Eimco Elecon India's Days Payable for the three months ended in Jun. 2026 was 43.03.

The historical rank and industry rank for Eimco Elecon India's Days Payable or its related term are showing as below:

BOM:523708' s Days Payable Range Over the Past 10 Years
Min: 57.97   Med: 75.94   Max: 155.86
Current: 60.47

During the past 13 years, Eimco Elecon India's highest Days Payable was 155.86. The lowest was 57.97. And the median was 75.94.

BOM:523708's Days Payable is ranked worse than
57.89% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13 vs BOM:523708: 60.47

Eimco Elecon India's Days Payable declined from Jun. 2025 (49.02) to Jun. 2026 (43.03). It may suggest that Eimco Elecon India accelerated paying its suppliers.


Eimco Elecon India Days Payable Historical Data

* Premium members only.

The historical data trend for Eimco Elecon India'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.

Eimco Elecon India Days Payable Chart

Eimco Elecon India 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 155.86 66.56 64.65 66.64 57.97

Eimco Elecon India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 49.02 179.00 68.16 46.39 43.03

BOM:523708 vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Eimco Elecon India'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.


Eimco Elecon India Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Eimco Elecon India's Days Payable distribution charts can be found below:

* The bar in red indicates where Eimco Elecon India's Days Payable falls into.


BOM:523708
77GF Score
Eimco Elecon India Ltd BOM:523708
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eimco Elecon India 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.

Eimco Elecon India'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
=( (163.44 + 176.295) / 2 ) / 1069.616*365
=169.8675 / 1069.616*365
=57.97

Eimco Elecon India's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (176.295 + 0) / 1 ) / 373.838*365 / 4
=176.295 / 373.838*365 / 4
=43.03

* 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 43.03 mean?
Eimco Elecon India (BOM:523708) has a Days Payable of 43.03 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 Eimco Elecon India and its competitors. This is 43% below median its historical median of 75.94. Over the past decade, Eimco Elecon India's Days Payable has ranged from 57.97 to 155.86. According to the industry distribution chart, Eimco Elecon India ranks #121 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 57.9%.
Is Eimco Elecon India's Days Payable too high?
Eimco Elecon India's current Days Payable of 43.03 is 43% below median its 10-year median of 75.94. Over the past 10 years, this metric has ranged from a low of 57.97 to a high of 155.86. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Eimco Elecon India's value of 43.03 is 36.8% below this industry median. Based on the distribution chart, Eimco Elecon India ranks #121 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Eimco Elecon India has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eimco Elecon India's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Eimco Elecon India ranks #121 out of 209 companies for Days Payable. This places Eimco Elecon India in the lower half of its industry. The industry median Days Payable is 68.13. Eimco Elecon India's value of 43.03 is 36.8% below this benchmark. Historically, Eimco Elecon India's own Days Payable has ranged from 57.97 to 155.86 over the past decade. While the company's 10-year median is 75.94 vs. the industry median of 68.13, Eimco Elecon India 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 Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 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. Eimco Elecon India's current Days Payable of 43.03 is 36.8% 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 Eimco Elecon India and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eimco Elecon India's current Days Payable is 43.03, which is 43% below median its own 10-year median of 75.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eimco Elecon India stock overvalued right now?
Based on GuruFocus' analysis, Eimco Elecon India (BOM:523708) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,889.84, compared to a current price of ₹1,887.25 — trading 0.1% below its estimated fair value. The current Days Payable is 43.03, which is 43% below median its 10-year median of 75.94 and 36.8% below the Farm & Heavy Construction Machinery industry median of 68.13. Eimco Elecon India's overall GF Score™ is 77/100 with 5 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 Eimco Elecon India (BOM:523708), the current Days Payable is 43.03 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 Eimco Elecon India (BOM:523708) Overvalued in 2026?

Based on GuruFocus' analysis, Eimco Elecon India stock appears to be undervalued. The current stock price of ₹1,887.25 is trading 0.1% below its estimated GF Value™ of ₹1,889.84. GuruFocus considers Eimco Elecon India to be Fairly Valued.

Key valuation signals for BOM:523708:

  • Days Payable: 43.03 (43% below median its 10-year median of 75.94)
  • GF Value™: ₹1,889.84 vs. price of ₹1,887.25 (0.1% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 36.8% below the Farm & Heavy Construction Machinery median (#121 of 209)

No single metric tells the full story. See the BOM:523708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eimco Elecon India Business Description

Other Exchanges EIMCOELECO:India
Address Anand-Sojitra Road, District Anand, Vallabh Vidyanagar, GJ, IND, 388120
Eimco Elecon India Ltd is engaged in the business of manufacturing and supplying equipment for the mining and construction sector. Its products include Load Haul Dumpers (LHDs), Side Dump Loaders, Coal Haulers, Drilling Equipment, Continuous Miner Package, Chair Lift Man Riding System, UV-A-BE (Fully Battery Operated - Multi Utility Vehicle), and MCAR-E (Fully Battery Operated - Passenger Vehicle). The company operates in one segment, Machinery and Spares. It sells its products in India, which generates the majority of revenue, and also exports them to other countries.
77GF Score

Get the complete analysis for BOM:523708

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

₹1,887.25
Price
₹1,889.84
GF Value