Aartech Solonics (NSE:AARTECH) Days Payable: 49.29 (As of Mar. 2026) — 39% Below Median


NSE:AARTECH Aartech Solonics Ltd NSE:AARTECH
65 GF Score
Price ₹48.03
GF Value ₹72.62
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Aartech Solonics Days Payable?

Aartech Solonics NSE:AARTECH -8.15% 65 Days Payable is 49.29 as of Mar. 2026, which is 39% below its 10-year median of 81.13. GuruFocus rates NSE:AARTECH with a GF Score™ of 65/100 and a GF Value™ of ₹72.62 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,992 Industrial Products companies, Aartech Solonics ranks better than 52.47% on this metric.

Aartech Solonics's average Accounts Payable for the three months ended in Mar. 2026 was ₹66.6 Mil. Aartech Solonics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹123.3 Mil. Hence, Aartech Solonics's Days Payable for the three months ended in Mar. 2026 was 49.29.

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

NSE:AARTECH' s Days Payable Range Over the Past 10 Years
Min: 30.9   Med: 81.13   Max: 99.78
Current: 82.13

During the past 12 years, Aartech Solonics's highest Days Payable was 99.78. The lowest was 30.90. And the median was 81.13.

NSE:AARTECH's Days Payable is ranked better than
52.47% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs NSE:AARTECH: 82.13

Aartech Solonics's Days Payable declined from Mar. 2025 (96.00) to Mar. 2026 (49.29). It may suggest that Aartech Solonics accelerated paying its suppliers.


Aartech Solonics Days Payable Historical Data

* Premium members only.

The historical data trend for Aartech Solonics'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.

Aartech Solonics Days Payable Chart

Aartech Solonics Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.52 89.06 80.89 99.78 87.90

Aartech Solonics Quarterly Data
Sep20 Mar21 Sep21 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 96.00 220.52 66.09 163.31 49.29

NSE:AARTECH vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Aartech Solonics'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.


Aartech Solonics Days Payable vs Industrial Products Industry

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

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


NSE:AARTECH
65GF Score
Aartech Solonics Ltd NSE:AARTECH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aartech Solonics 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.

Aartech Solonics'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
=( (41.723 + 66.613) / 2 ) / 224.931*365
=54.168 / 224.931*365
=87.90

Aartech Solonics'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 + 66.613) / 1 ) / 123.31*365 / 4
=66.613 / 123.31*365 / 4
=49.29

* 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 49.29 mean?
Aartech Solonics (NSE:AARTECH) has a Days Payable of 49.29 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 Aartech Solonics and its competitors. This is 39% below median its historical median of 81.13. Over the past decade, Aartech Solonics' Days Payable has ranged from 30.90 to 99.78. According to the industry distribution chart, Aartech Solonics ranks #1422 out of 2992 companies in the Industrial Products industry, placing it in the top 47.5%.
Is Aartech Solonics' Days Payable too high?
Aartech Solonics' current Days Payable of 49.29 is 39% below median its 10-year median of 81.13. Over the past 10 years, this metric has ranged from a low of 30.90 to a high of 99.78. The Industrial Products industry median Days Payable is 78.08. Aartech Solonics' value of 49.29 is 36.9% below this industry median. Based on the distribution chart, Aartech Solonics ranks #1422 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Aartech Solonics has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aartech Solonics' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Aartech Solonics ranks #1422 out of 2992 companies for Days Payable. This puts Aartech Solonics in the upper half of its industry. The industry median Days Payable is 78.08. Aartech Solonics' value of 49.29 is 36.9% below this benchmark. Historically, Aartech Solonics' own Days Payable has ranged from 30.90 to 99.78 over the past decade. While the company's 10-year median is 81.13 vs. the industry median of 78.08, Aartech Solonics 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. Aartech Solonics's current Days Payable of 49.29 is 36.9% 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 Aartech Solonics and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aartech Solonics's current Days Payable is 49.29, which is 39% below median its own 10-year median of 81.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aartech Solonics stock overvalued right now?
Based on GuruFocus' analysis, Aartech Solonics (NSE:AARTECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹72.62, compared to a current price of ₹48.03 — trading 33.9% below its estimated fair value. The current Days Payable is 49.29, which is 39% below median its 10-year median of 81.13 and 36.9% below the Industrial Products industry median of 78.08. Aartech Solonics' overall GF Score™ is 65/100 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 Aartech Solonics (NSE:AARTECH), the current Days Payable is 49.29 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 Aartech Solonics (NSE:AARTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Aartech Solonics stock appears to be undervalued. The current stock price of ₹48.03 is trading 33.9% below its estimated GF Value™ of ₹72.62. GuruFocus considers Aartech Solonics to be Possible Value Trap.

Key valuation signals for NSE:AARTECH:

  • Days Payable: 49.29 (39% below median its 10-year median of 81.13)
  • GF Value™: ₹72.62 vs. price of ₹48.03 (33.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 36.9% below the Industrial Products median (#1422 of 2992)

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


Aartech Solonics Business Description

Other Exchanges 542580:India
Address Arera Colony, E-2/57, Ashirvad, Bhopal, MP, IND, 462016
Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus, such as Electrical Items, Control & Relay Panels, Bus Transfer Systems, Ultracapacitors, Waste to Compost Machine, and others. It serves Renewable Energy, Power, Heavy Engineering, Defense and Exploration, Healthcare, Information Technology, Telecom, and other industries. Geographically, the company caters to both domestic and international markets, of which it derives key revenue from the domestic market.
65GF Score

Get the complete analysis for NSE:AARTECH

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

₹48.03
Price
₹72.62
GF Value