Waaree Energies (BOM:544277) Days Payable: 48.20 (As of Jun. 2026) — 27% Below Median

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BOM:544277 Waaree Energies Ltd BOM:544277
49 GF Score
Price ₹2,679.90
! 2 Warning Signs
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What is Waaree Energies Days Payable?

Waaree Energies BOM:544277 +2.11% 49 Days Payable is 48.20 as of Jun. 2026, which is 27% below its 10-year median of 65.81. GuruFocus rates BOM:544277 with a GF Score™ of 49/100. The stock has 2 warning signs investors should review. Among 998 Semiconductors companies, Waaree Energies ranks better than 52.4% on this metric.

Waaree Energies's average Accounts Payable for the three months ended in Jun. 2026 was ₹31,078 Mil. Waaree Energies's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹58,830 Mil. Hence, Waaree Energies's Days Payable for the three months ended in Jun. 2026 was 48.20.

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

BOM:544277' s Days Payable Range Over the Past 10 Years
Min: 47.97   Med: 65.81   Max: 77.93
Current: 47.97

During the past 6 years, Waaree Energies's highest Days Payable was 77.93. The lowest was 47.97. And the median was 65.81.

BOM:544277's Days Payable is ranked better than
52.4% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs BOM:544277: 47.97

Waaree Energies's Days Payable declined from Jun. 2025 (68.55) to Jun. 2026 (48.20). It may suggest that Waaree Energies accelerated paying its suppliers.


Waaree Energies Days Payable Historical Data

* Premium members only.

The historical data trend for Waaree Energies'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.

Waaree Energies Days Payable Chart

Waaree Energies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 67.57 66.91 58.28 64.71 54.13

Waaree Energies Quarterly Data
Mar21 Mar22 Mar23 Jun23 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 68.55 66.96 54.35 45.35 48.20

BOM:544277 vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Waaree Energies'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.


Waaree Energies Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Waaree Energies's Days Payable distribution charts can be found below:

* The bar in red indicates where Waaree Energies's Days Payable falls into.


BOM:544277
49GF Score
Waaree Energies Ltd BOM:544277
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Waaree Energies 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.

Waaree Energies'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
=( (22549.1 + 31078.1) / 2 ) / 180809.4*365
=26813.6 / 180809.4*365
=54.13

Waaree Energies'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
=( (31078.1 + 0) / 1 ) / 58830*365 / 4
=31078.1 / 58830*365 / 4
=48.20

* 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 48.20 mean?
Waaree Energies (BOM:544277) has a Days Payable of 48.20 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 Waaree Energies and its competitors. This is 27% below median its historical median of 65.81. Over the past decade, Waaree Energies' Days Payable has ranged from 47.97 to 77.93. According to the industry distribution chart, Waaree Energies ranks #475 out of 998 companies in the Semiconductors industry, placing it in the top 47.6%.
Is Waaree Energies' Days Payable too high?
Waaree Energies' current Days Payable of 48.20 is 27% below median its 10-year median of 65.81. Over the past 10 years, this metric has ranged from a low of 47.97 to a high of 77.93. The Semiconductors industry median Days Payable is 52.98. Waaree Energies' value of 48.20 is 9% below this industry median. Based on the distribution chart, Waaree Energies ranks #475 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Waaree Energies has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Energies' Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Waaree Energies ranks #475 out of 998 companies for Days Payable. This puts Waaree Energies in the upper half of its industry. The industry median Days Payable is 52.98. Waaree Energies' value of 48.20 is 9% below this benchmark. Historically, Waaree Energies' own Days Payable has ranged from 47.97 to 77.93 over the past decade. While the company's 10-year median is 65.81 vs. the industry median of 52.98, Waaree Energies 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 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. Waaree Energies's current Days Payable of 48.20 is 9% 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 Waaree Energies and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Energies's current Days Payable is 48.20, which is 27% below median its own 10-year median of 65.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Energies stock overvalued right now?
Waaree Energies (BOM:544277) has a current Days Payable of 48.20. The current Days Payable is 48.20, which is 27% below median its 10-year median of 65.81 and 9% below the Semiconductors industry median of 52.98. Waaree Energies' overall GF Score™ is 49/100 with 2 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 Waaree Energies (BOM:544277), the current Days Payable is 48.20 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.

Waaree Energies Business Description

Other Exchanges WAAREEENER:India
Address Western Express Highway, 602, 6th Floor, Western Edge-I, Borivali (East), Mumbai, MH, IND, 400 066
Waaree Energies Ltd is a manufacturer of solar PV modules in India. Its solar PV modules are currently manufactured using multicrystalline cell technology, monocrystalline cell technology and emerging technologies such as Tunnel Oxide Passivated Contact (TopCon). Its portfolio of solar energy products consists of the following PV modules: multicrystalline modules, monocrystalline modules, and TopCon modules, comprising flexible modules, which includes bifacial modules (Mono PERC) (framed and unframed), and building integrated photo voltaic (BIPV) modules. The Company operates only in one Business Segment i.e. Manufacturing & Trading of Solar Photovoltaic Modules.
49GF Score

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