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Waa SolarBOM:541445 -4.65%68 Days Payable is 979.81 as of Mar. 2026, which is 100% above its 10-year median of 490.09. GuruFocus rates BOM:541445 with a GF Score™ of 68/100 and a GF Value™ of ₹71.48 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 393 Utilities - Independent Power Producers companies, Waa Solar ranks better than 95.67% on this metric.
Waa Solar's average Accounts Payable for the
six
months ended in Mar. 2026 was ₹261.6 Mil. Waa Solar's Cost of Goods Sold for the
six
months ended in Mar. 2026 was ₹48.7 Mil.
Hence, Waa Solar's Days Payable for the
six
months ended in Mar. 2026 was 979.81.
The historical rank and industry rank for Waa Solar's Days Payable or its related term are showing as below:
BOM:541445'
s Days Payable Range Over the Past 10 Years
Min: 104.88 Med: 490.09 Max: 40874.45
Current: 1454.44
During the past 13 years, Waa Solar's highest Days Payable was 40874.45. The lowest was 104.88. And the median was 490.09.
BOM:541445's Days Payable is ranked better than 95.67% of 393
companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.77
vs BOM:541445: 1454.44
Waa Solar's Days Payable
increased
from Mar. 2025 (368.06) to Mar. 2026 (979.81).
It may suggest that Waa Solardelayed paying its suppliers.
Waa Solar Days Payable Related Terms
Waa Solar Days Payable Historical Data
* Premium members only.
The historical data trend for Waa Solar'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.
For the Utilities - Renewable subindustry, Waa Solar'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.
Waa Solar Days Payable vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Waa Solar's Days Payable distribution charts can be found below:
* The bar in red indicates where Waa Solar'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.
Waa Solar'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.
Waa Solar (BOM:541445) has a Days Payable of 979.81 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 Waa Solar and its competitors. This is 100% above median its historical median of 490.09. Over the past decade, Waa Solar's Days Payable has ranged from 104.88 to 40,874.45. According to the industry distribution chart, Waa Solar ranks #17 out of 393 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.3%.
Is Waa Solar's Days Payable too high?
Waa Solar's current Days Payable of 979.81 is 100% above median its 10-year median of 490.09. Over the past 10 years, this metric has ranged from a low of 104.88 to a high of 40,874.45. The Utilities - Independent Power Producers industry median Days Payable is 79.77. Waa Solar's value of 979.81 is 1128.3% above this industry median. Based on the distribution chart, Waa Solar ranks #17 out of 393 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Waa Solar has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Waa Solar's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Waa Solar ranks #17 out of 393 companies for Days Payable. This places Waa Solar in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.77. Waa Solar's value of 979.81 is 1128.3% above this benchmark. Historically, Waa Solar's own Days Payable has ranged from 104.88 to 40,874.45 over the past decade. While the company's 10-year median is 490.09 vs. the industry median of 79.77, Waa Solar 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 an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.77, based on 393 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. Waa Solar's current Days Payable of 979.81 is 1128.3% 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 Waa Solar and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waa Solar's current Days Payable is 979.81, which is 100% above median its own 10-year median of 490.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waa Solar stock overvalued right now?
Based on GuruFocus' analysis, Waa Solar (BOM:541445) is currently considered Possible Value Trap. The stock's GF Value™ is ₹71.48, compared to a current price of ₹44.52 — trading 37.7% below its estimated fair value. The current Days Payable is 979.81, which is 100% above median its 10-year median of 490.09 and 1128.3% above the Utilities - Independent Power Producers industry median of 79.77. Waa Solar's overall GF Score™ is 68/100 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 Waa Solar (BOM:541445), the current Days Payable is 979.81 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 Waa Solar (BOM:541445) Overvalued in 2026?
Based on GuruFocus' analysis, Waa Solar stock appears to be undervalued.
The current stock price of ₹44.52 is trading 37.7% below its estimated GF Value™ of ₹71.48.
GuruFocus considers Waa Solar to be Possible Value Trap.
Key valuation signals for BOM:541445:
Days Payable: 979.81 (100% above median its 10-year median of 490.09)
GF Value™: ₹71.48 vs. price of ₹44.52 (37.7% below fair value)
Industry Position: 1128.3% above the Utilities - Independent Power Producers median (#17 of 393)
No single metric tells the full story. See the BOM:541445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waa Solar Ltd is an Indian firm engaged in solar power generation. The company is focused on the development of solar power projects through ground-mounted and rooftop solar installations. Its project portfolio comprises a 10.25 MW (DC) capacity of a ground-mounted Solar PV power project in Gujarat, a 100 KW solar project at Raja Bhoj Airport in Bhopal, and various 47.5 MW solar projects at different locations in Gujarat, among others.
68GF Score
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