Electroaparataj (BSE:ELJ) Days Payable: 189.77 (As of Mar. 2026) — 88% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSE:ELJ Electroaparataj SA BSE:ELJ
36 GF Score
Price lei0.15
GF Value lei0.15
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Electroaparataj Days Payable?

Electroaparataj BSE:ELJ 36 Days Payable is 189.77 as of Mar. 2026, which is 88% above its 10-year median of 100.96. GuruFocus rates BSE:ELJ with a GF Score™ of 36/100 and a GF Value™ of lei0.15 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Electroaparataj ranks better than 88.87% on this metric.

Electroaparataj's average Accounts Payable for the three months ended in Mar. 2026 was lei3.73 Mil. Electroaparataj's Cost of Goods Sold for the three months ended in Mar. 2026 was lei1.79 Mil. Hence, Electroaparataj's Days Payable for the three months ended in Mar. 2026 was 189.77.

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

BSE:ELJ' s Days Payable Range Over the Past 10 Years
Min: 57.41   Med: 100.96   Max: 224.35
Current: 224.35

During the past 13 years, Electroaparataj's highest Days Payable was 224.35. The lowest was 57.41. And the median was 100.96.

BSE:ELJ's Days Payable is ranked better than
88.87% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs BSE:ELJ: 224.35

Electroaparataj's Days Payable increased from Mar. 2025 (123.56) to Mar. 2026 (189.77). It may suggest that Electroaparataj delayed paying its suppliers.


Electroaparataj Days Payable Historical Data

* Premium members only.

The historical data trend for Electroaparataj'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.

Electroaparataj Days Payable Chart

Electroaparataj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.41 67.74 124.13 105.00 166.15

Electroaparataj Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 123.56 196.65 213.98 344.76 189.77

BSE:ELJ vs VRT, BE, HUBB: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Electroaparataj'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.


Electroaparataj Days Payable vs Industrial Products Industry

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

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


BSE:ELJ
36GF Score
Electroaparataj SA BSE:ELJ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electroaparataj 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.

Electroaparataj's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1.785 + 3.561) / 2 ) / 5.872*365
=2.673 / 5.872*365
=166.15

Electroaparataj'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
=( (3.561 + 3.901) / 2 ) / 1.794*365 / 4
=3.731 / 1.794*365 / 4
=189.77

* 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 189.77 mean?
Electroaparataj (BSE:ELJ) has a Days Payable of 189.77 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 Electroaparataj and its competitors. This is 88% above median its historical median of 100.96. Over the past decade, Electroaparataj's Days Payable has ranged from 57.41 to 224.35. According to the industry distribution chart, Electroaparataj ranks #333 out of 2993 companies in the Industrial Products industry, placing it in the top 11.1%.
Is Electroaparataj's Days Payable too high?
Electroaparataj's current Days Payable of 189.77 is 88% above median its 10-year median of 100.96. Over the past 10 years, this metric has ranged from a low of 57.41 to a high of 224.35. The Industrial Products industry median Days Payable is 78.04. Electroaparataj's value of 189.77 is 143.2% above this industry median. Based on the distribution chart, Electroaparataj ranks #333 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Electroaparataj has a GF Score™ of 36/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Electroaparataj's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Electroaparataj ranks #333 out of 2993 companies for Days Payable. This places Electroaparataj in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.04. Electroaparataj's value of 189.77 is 143.2% above this benchmark. Historically, Electroaparataj's own Days Payable has ranged from 57.41 to 224.35 over the past decade. While the company's 10-year median is 100.96 vs. the industry median of 78.04, Electroaparataj 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 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. Electroaparataj's current Days Payable of 189.77 is 143.2% 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 Electroaparataj 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. Electroaparataj's current Days Payable is 189.77, which is 88% above median its own 10-year median of 100.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electroaparataj stock overvalued right now?
Based on GuruFocus' analysis, Electroaparataj (BSE:ELJ) is currently considered Fairly Valued. The stock's GF Value™ is lei0.15, compared to a current price of lei0.15 — trading 2.7% below its estimated fair value. The current Days Payable is 189.77, which is 88% above median its 10-year median of 100.96 and 143.2% above the Industrial Products industry median of 78.04. Electroaparataj's overall GF Score™ is 36/100 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 Electroaparataj (BSE:ELJ), the current Days Payable is 189.77 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 Electroaparataj (BSE:ELJ) Overvalued in 2026?

Based on GuruFocus' analysis, Electroaparataj stock appears to be undervalued. The current stock price of lei0.15 is trading 2.7% below its estimated GF Value™ of lei0.15. GuruFocus considers Electroaparataj to be Fairly Valued.

Key valuation signals for BSE:ELJ:

  • Days Payable: 189.77 (88% above median its 10-year median of 100.96)
  • GF Value™: lei0.15 vs. price of lei0.15 (2.7% below fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 143.2% above the Industrial Products median (#333 of 2993)

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


Electroaparataj Business Description

Address Calea Campulung nr. 121, C7, Municipiul, Dambovita, Targoviste, ROU
Electroaparataj SA is engaged in manufacturing electronic components including electricity distribution and control apparatus. Its products include low-voltage electrical equipment, metallic constructions after project, metal shop shelves, products for urban traction, cold plastic deformation, easy turning points, direct pressing and thermoregulation injection, galvanic coatings and painting in an electrostatic field with powder paint.
36GF Score

Get the complete analysis for BSE:ELJ

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

lei0.15
Price
lei0.15
GF Value