Sparc Electrex (BOM:531370) Days Payable: 16.23 (As of Mar. 2026) — 89% Below Median

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BOM:531370 Sparc Electrex Ltd BOM:531370
34 GF Score
Price ₹4.60
GF Value ₹0.59
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Sparc Electrex Days Payable?

Sparc Electrex BOM:531370 -1.71% 34 Days Payable is 16.23 as of Mar. 2026, which is 89% below its 10-year median of 146.00. GuruFocus rates BOM:531370 with a GF Score™ of 34/100 and a GF Value™ of ₹0.59 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Sparc Electrex ranks better than 86.47% on this metric.

Sparc Electrex's average Accounts Payable for the three months ended in Mar. 2026 was ₹4.29 Mil. Sparc Electrex's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹24.13 Mil. Hence, Sparc Electrex's Days Payable for the three months ended in Mar. 2026 was 16.23.

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

BOM:531370' s Days Payable Range Over the Past 10 Years
Min: 48.71   Med: 146   Max: 652.89
Current: 201.75

During the past 13 years, Sparc Electrex's highest Days Payable was 652.89. The lowest was 48.71. And the median was 146.00.

BOM:531370's Days Payable is ranked better than
86.47% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs BOM:531370: 201.75

Sparc Electrex's Days Payable declined from Mar. 2025 (275.52) to Mar. 2026 (16.23). It may suggest that Sparc Electrex accelerated paying its suppliers.


Sparc Electrex Days Payable Historical Data

* Premium members only.

The historical data trend for Sparc Electrex'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.

Sparc Electrex Days Payable Chart

Sparc Electrex 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 48.71 182.45 119.22 209.90 157.56

Sparc Electrex 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 275.52 1,175.92 473.63 983.06 16.23

BOM:531370 vs SNA, RBC, SWK: Days Payable Comparison

For the Tools & Accessories subindustry, Sparc Electrex'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.


Sparc Electrex Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sparc Electrex's Days Payable distribution charts can be found below:

* The bar in red indicates where Sparc Electrex's Days Payable falls into.


BOM:531370
34GF Score
Sparc Electrex Ltd BOM:531370
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sparc Electrex 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.

Sparc Electrex'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
=( (24.807 + 4.293) / 2 ) / 33.707*365
=14.55 / 33.707*365
=157.56

Sparc Electrex'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 + 4.293) / 1 ) / 24.133*365 / 4
=4.293 / 24.133*365 / 4
=16.23

* 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 16.23 mean?
Sparc Electrex (BOM:531370) has a Days Payable of 16.23 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 Sparc Electrex and its competitors. This is 89% below median its historical median of 146.00. Over the past decade, Sparc Electrex's Days Payable has ranged from 48.71 to 652.89. According to the industry distribution chart, Sparc Electrex ranks #405 out of 2993 companies in the Industrial Products industry, placing it in the top 13.5%.
Is Sparc Electrex's Days Payable too high?
Sparc Electrex's current Days Payable of 16.23 is 89% below median its 10-year median of 146.00. Over the past 10 years, this metric has ranged from a low of 48.71 to a high of 652.89. The Industrial Products industry median Days Payable is 78.04. Sparc Electrex's value of 16.23 is 79.2% below this industry median. Based on the distribution chart, Sparc Electrex ranks #405 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sparc Electrex has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sparc Electrex's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Sparc Electrex ranks #405 out of 2993 companies for Days Payable. This places Sparc Electrex in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.04. Sparc Electrex's value of 16.23 is 79.2% below this benchmark. Historically, Sparc Electrex's own Days Payable has ranged from 48.71 to 652.89 over the past decade. While the company's 10-year median is 146.00 vs. the industry median of 78.04, Sparc Electrex 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Sparc Electrex's current Days Payable of 16.23 is 79.2% 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 Sparc Electrex and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparc Electrex's current Days Payable is 16.23, which is 89% below median its own 10-year median of 146.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparc Electrex stock overvalued right now?
Based on GuruFocus' analysis, Sparc Electrex (BOM:531370) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.59, compared to a current price of ₹4.60 — trading 679.7% above its estimated fair value. The current Days Payable is 16.23, which is 89% below median its 10-year median of 146.00 and 79.2% below the Industrial Products industry median of 78.04. Sparc Electrex's overall GF Score™ is 34/100 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 Sparc Electrex (BOM:531370), the current Days Payable is 16.23 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 Sparc Electrex (BOM:531370) Overvalued in 2026?

Based on GuruFocus' analysis, Sparc Electrex stock appears to be overvalued. The current stock price of ₹4.60 is trading 679.7% above its estimated GF Value™ of ₹0.59. GuruFocus considers Sparc Electrex to be Significantly Overvalued.

Key valuation signals for BOM:531370:

  • Days Payable: 16.23 (89% below median its 10-year median of 146.00)
  • GF Value™: ₹0.59 vs. price of ₹4.60 (679.7% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 79.2% below the Industrial Products median (#405 of 2993)

No single metric tells the full story. See the BOM:531370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sparc Electrex Business Description

Address 198, Linking Road, 1202, 12th Floor, Esperanza Building, Next to Bank of Baroda, Bandra West, Mumbai, MH, IND, 400050
Sparc Electrex Ltd is engaged in the manufacturing and trading of various products, including electric power tools, garden tools, cordless tools, as well as metals and metal products. Its product portfolio comprises High-pressure washers, industrial vacuum cleaners, impact drills, rotary and demolition hammers, cutters, angle grinders, cutting and grinding wheels, saw blades, and others. The company sells its products under the Hyundai brand. It operates in two segments: Manufacturing of Electrical Tools and Services, which generates the majority of its revenue, and Trading.
34GF Score

Get the complete analysis for BOM:531370

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

₹4.60
Price
₹0.59
GF Value