India Nippon Electricals (BOM:532240) Days Payable: 64.04 (As of Mar. 2026) — 22% Below Median

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BOM:532240 India Nippon Electricals Ltd BOM:532240
85 GF Score
Price ₹1,215.30
GF Value ₹958.96
Valuation Modestly Overvalued
! 6 Warning Signs
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What is India Nippon Electricals Days Payable?

India Nippon Electricals BOM:532240 +1.14% 85 Days Payable is 64.04 as of Mar. 2026, which is 22% below its 10-year median of 81.59. GuruFocus rates BOM:532240 with a GF Score™ of 85/100 and a GF Value™ of ₹958.96 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,306 Vehicles & Parts companies, India Nippon Electricals ranks better than 54.21% on this metric.

India Nippon Electricals's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,467 Mil. India Nippon Electricals's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,091 Mil. Hence, India Nippon Electricals's Days Payable for the three months ended in Mar. 2026 was 64.04.

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

BOM:532240' s Days Payable Range Over the Past 10 Years
Min: 69.72   Med: 81.59   Max: 92.19
Current: 71.7

During the past 13 years, India Nippon Electricals's highest Days Payable was 92.19. The lowest was 69.72. And the median was 81.59.

BOM:532240's Days Payable is ranked better than
54.21% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs BOM:532240: 71.70

India Nippon Electricals's Days Payable declined from Mar. 2025 (80.43) to Mar. 2026 (64.04). It may suggest that India Nippon Electricals accelerated paying its suppliers.


India Nippon Electricals Days Payable Historical Data

* Premium members only.

The historical data trend for India Nippon Electricals'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.

India Nippon Electricals Days Payable Chart

India Nippon Electricals 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 82.21 72.88 80.97 84.55 69.72

India Nippon Electricals 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 80.43 83.05 71.51 72.81 64.04

BOM:532240 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, India Nippon Electricals'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.


India Nippon Electricals Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, India Nippon Electricals's Days Payable distribution charts can be found below:

* The bar in red indicates where India Nippon Electricals's Days Payable falls into.


BOM:532240
85GF Score
India Nippon Electricals Ltd BOM:532240
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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India Nippon Electricals 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.

India Nippon Electricals'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
=( (1401.7 + 1467.3) / 2 ) / 7509.6*365
=1434.5 / 7509.6*365
=69.72

India Nippon Electricals'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 + 1467.3) / 1 ) / 2090.7*365 / 4
=1467.3 / 2090.7*365 / 4
=64.04

* 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 64.04 mean?
India Nippon Electricals (BOM:532240) has a Days Payable of 64.04 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 India Nippon Electricals and its competitors. This is 22% below median its historical median of 81.59. Over the past decade, India Nippon Electricals' Days Payable has ranged from 69.72 to 92.19. According to the industry distribution chart, India Nippon Electricals ranks #598 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 45.8%.
Is India Nippon Electricals' Days Payable too high?
India Nippon Electricals' current Days Payable of 64.04 is 22% below median its 10-year median of 81.59. Over the past 10 years, this metric has ranged from a low of 69.72 to a high of 92.19. The Vehicles & Parts industry median Days Payable is 67.26. India Nippon Electricals' value of 64.04 is 4.8% below this industry median. Based on the distribution chart, India Nippon Electricals ranks #598 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, India Nippon Electricals has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Nippon Electricals' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, India Nippon Electricals ranks #598 out of 1306 companies for Days Payable. This puts India Nippon Electricals in the upper half of its industry. The industry median Days Payable is 67.26. India Nippon Electricals' value of 64.04 is 4.8% below this benchmark. Historically, India Nippon Electricals' own Days Payable has ranged from 69.72 to 92.19 over the past decade. While the company's 10-year median is 81.59 vs. the industry median of 67.26, India Nippon Electricals 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.26, based on 1,306 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. India Nippon Electricals's current Days Payable of 64.04 is 4.8% 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 India Nippon Electricals and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Nippon Electricals's current Days Payable is 64.04, which is 22% below median its own 10-year median of 81.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Nippon Electricals stock overvalued right now?
Based on GuruFocus' analysis, India Nippon Electricals (BOM:532240) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹958.96, compared to a current price of ₹1,215.30 — trading 26.7% above its estimated fair value. The current Days Payable is 64.04, which is 22% below median its 10-year median of 81.59 and 4.8% below the Vehicles & Parts industry median of 67.26. India Nippon Electricals' overall GF Score™ is 85/100 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 India Nippon Electricals (BOM:532240), the current Days Payable is 64.04 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 India Nippon Electricals (BOM:532240) Overvalued in 2026?

Based on GuruFocus' analysis, India Nippon Electricals stock appears to be overvalued. The current stock price of ₹1,215.30 is trading 26.7% above its estimated GF Value™ of ₹958.96. GuruFocus considers India Nippon Electricals to be Modestly Overvalued.

Key valuation signals for BOM:532240:

  • Days Payable: 64.04 (22% below median its 10-year median of 81.59)
  • GF Value™: ₹958.96 vs. price of ₹1,215.30 (26.7% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 4.8% below the Vehicles & Parts median (#598 of 1306)

No single metric tells the full story. See the BOM:532240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Nippon Electricals Business Description

Other Exchanges INDNIPPON:India
Address No. 11 and 13, Patullos Road, Chennai, TN, IND, 600002
India Nippon Electricals Ltd is an India-based company that engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, rotor products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of its revenue from India.
85GF Score

Get the complete analysis for BOM:532240

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

₹1,215.30
Price
₹958.96
GF Value