Altern Energy (KAR:ALTN) Days Payable: 99.20 (As of Mar. 2026) — 603% Above Median


KAR:ALTN Altern Energy Ltd KAR:ALTN
44 GF Score
Price ₨8.29
GF Value ₨0.72
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Altern Energy Days Payable?

Altern Energy KAR:ALTN -1.07% 44 Days Payable is 99.20 as of Mar. 2026, which is 603% above its 10-year median of 14.11. GuruFocus rates KAR:ALTN with a GF Score™ of 44/100 and a GF Value™ of ₨0.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 389 Utilities - Independent Power Producers companies, Altern Energy ranks better than 51.93% on this metric.

Altern Energy's average Accounts Payable for the three months ended in Mar. 2026 was ₨83.1 Mil. Altern Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was ₨76.4 Mil. Hence, Altern Energy's Days Payable for the three months ended in Mar. 2026 was 99.20.

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

KAR:ALTN' s Days Payable Range Over the Past 10 Years
Min: 0.27   Med: 14.11   Max: 83.94
Current: 83.94

During the past 13 years, Altern Energy's highest Days Payable was 83.94. The lowest was 0.27. And the median was 14.11.

KAR:ALTN's Days Payable is ranked better than
51.93% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.77 vs KAR:ALTN: 83.94

Altern Energy's Days Payable declined from Mar. 2025 (2,169.66) to Mar. 2026 (99.20). It may suggest that Altern Energy accelerated paying its suppliers.


Altern Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Altern Energy'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.

Altern Energy Days Payable Chart

Altern Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.27 0.83 3.74 3.76

Altern Energy 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 2,169.66 525.90 41.91 568.48 99.20

KAR:ALTN vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, Altern Energy'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.


Altern Energy Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altern Energy's Days Payable distribution charts can be found below:

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


KAR:ALTN
44GF Score
Altern Energy Ltd KAR:ALTN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altern Energy 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.

Altern Energy's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (43.266 + 0) / 1 ) / 4196.565*365
=43.266 / 4196.565*365
=3.76

Altern Energy'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
=( (93.524 + 72.666) / 2 ) / 76.438*365 / 4
=83.095 / 76.438*365 / 4
=99.20

* 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 99.20 mean?
Altern Energy (KAR:ALTN) has a Days Payable of 99.20 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 Altern Energy and its competitors. This is 603% above median its historical median of 14.11. Over the past decade, Altern Energy's Days Payable has ranged from 0.27 to 83.94. According to the industry distribution chart, Altern Energy ranks #187 out of 389 companies in the Utilities - Independent Power Producers industry, placing it in the top 48.1%.
Is Altern Energy's Days Payable too high?
Altern Energy's current Days Payable of 99.20 is 603% above median its 10-year median of 14.11. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 83.94. The Utilities - Independent Power Producers industry median Days Payable is 79.77. Altern Energy's value of 99.20 is 24.4% above this industry median. Based on the distribution chart, Altern Energy ranks #187 out of 389 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Altern Energy has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altern Energy's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Altern Energy ranks #187 out of 389 companies for Days Payable. This puts Altern Energy in the upper half of its industry. The industry median Days Payable is 79.77. Altern Energy's value of 99.20 is 24.4% above this benchmark. Historically, Altern Energy's own Days Payable has ranged from 0.27 to 83.94 over the past decade. While the company's 10-year median is 14.11 vs. the industry median of 79.77, Altern Energy 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 389 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. Altern Energy's current Days Payable of 99.20 is 24.4% 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 Altern Energy 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. Altern Energy's current Days Payable is 99.20, which is 603% above median its own 10-year median of 14.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altern Energy stock overvalued right now?
Based on GuruFocus' analysis, Altern Energy (KAR:ALTN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨0.72, compared to a current price of ₨8.29 — trading 1051.4% above its estimated fair value. The current Days Payable is 99.20, which is 603% above median its 10-year median of 14.11 and 24.4% above the Utilities - Independent Power Producers industry median of 79.77. Altern Energy's overall GF Score™ is 44/100 with 5 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 Altern Energy (KAR:ALTN), the current Days Payable is 99.20 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 Altern Energy (KAR:ALTN) Overvalued in 2026?

Based on GuruFocus' analysis, Altern Energy stock appears to be overvalued. The current stock price of ₨8.29 is trading 1051.4% above its estimated GF Value™ of ₨0.72. GuruFocus considers Altern Energy to be Significantly Overvalued.

Key valuation signals for KAR:ALTN:

  • Days Payable: 99.20 (603% above median its 10-year median of 14.11)
  • GF Value™: ₨0.72 vs. price of ₨8.29 (1051.4% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 24.4% above the Utilities - Independent Power Producers median (#187 of 389)

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


Altern Energy Business Description

Address 18 Kilometer, Ferozepur Road, Descon Headquarters, Lahore, PB, PAK
Altern Energy Ltd generates and supplies electric power to the Water and Power Development Authority of Pakistan from its thermal power plant. It operates in the engineering, power, chemicals, and agriculture sectors. The company's principal activity is to build, own, operate, and maintain a gas-fired power plant having a gross capacity of 32 Mega Watts.
44GF Score

Get the complete analysis for KAR:ALTN

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

₨8.29
Price
₨0.72
GF Value