Artemis Electricals & Projects (NSE:AEPL) Days Payable: 101.19 (As of Mar. 2026) — 40% Below Median

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NSE:AEPL Artemis Electricals & Projects Ltd NSE:AEPL
63 GF Score
Price ₹15.87
GF Value ₹30.41
Valuation Possible Value Trap
! 2 Warning Signs
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What is Artemis Electricals & Projects Days Payable?

Artemis Electricals & Projects NSE:AEPL -0.87% 63 Days Payable is 101.19 as of Mar. 2026, which is 40% below its 10-year median of 167.51. GuruFocus rates NSE:AEPL with a GF Score™ of 63/100 and a GF Value™ of ₹30.41 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,993 Industrial Products companies, Artemis Electricals & Projects ranks better than 85% on this metric.

Artemis Electricals & Projects's average Accounts Payable for the three months ended in Mar. 2026 was ₹387.9 Mil. Artemis Electricals & Projects's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹349.8 Mil. Hence, Artemis Electricals & Projects's Days Payable for the three months ended in Mar. 2026 was 101.19.

The historical rank and industry rank for Artemis Electricals & Projects's Days Payable or its related term are showing as below:

NSE:AEPL' s Days Payable Range Over the Past 10 Years
Min: 39.32   Med: 167.51   Max: 220.29
Current: 193.24

During the past 11 years, Artemis Electricals & Projects's highest Days Payable was 220.29. The lowest was 39.32. And the median was 167.51.

NSE:AEPL's Days Payable is ranked better than
85% of 2993 companies
in the Industrial Products industry
Industry Median: 77.78 vs NSE:AEPL: 193.24

Artemis Electricals & Projects's Days Payable declined from Mar. 2025 (137.71) to Mar. 2026 (101.19). It may suggest that Artemis Electricals & Projects accelerated paying its suppliers.


Artemis Electricals & Projects Days Payable Historical Data

* Premium members only.

The historical data trend for Artemis Electricals & Projects'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.

Artemis Electricals & Projects Days Payable Chart

Artemis Electricals & Projects Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.15 169.20 211.17 167.86 184.66

Artemis Electricals & Projects 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 137.71 146.84 318.85 1,288.77 101.19

NSE:AEPL vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Artemis Electricals & Projects'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.


Artemis Electricals & Projects Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Artemis Electricals & Projects's Days Payable falls into.


NSE:AEPL
63GF Score
Artemis Electricals & Projects Ltd NSE:AEPL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Artemis Electricals & Projects 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.

Artemis Electricals & Projects'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
=( (277.101 + 387.922) / 2 ) / 657.244*365
=332.5115 / 657.244*365
=184.66

Artemis Electricals & Projects'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 + 387.922) / 1 ) / 349.804*365 / 4
=387.922 / 349.804*365 / 4
=101.19

* 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 101.19 mean?
Artemis Electricals & Projects (NSE:AEPL) has a Days Payable of 101.19 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 Artemis Electricals & Projects and its competitors. This is 40% below median its historical median of 167.51. Over the past decade, Artemis Electricals & Projects' Days Payable has ranged from 39.32 to 220.29. According to the industry distribution chart, Artemis Electricals & Projects ranks #449 out of 2993 companies in the Industrial Products industry, placing it in the top 15%.
Is Artemis Electricals & Projects' Days Payable too high?
Artemis Electricals & Projects' current Days Payable of 101.19 is 40% below median its 10-year median of 167.51. Over the past 10 years, this metric has ranged from a low of 39.32 to a high of 220.29. The Industrial Products industry median Days Payable is 77.78. Artemis Electricals & Projects' value of 101.19 is 30.1% above this industry median. Based on the distribution chart, Artemis Electricals & Projects ranks #449 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Artemis Electricals & Projects has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Artemis Electricals & Projects' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Artemis Electricals & Projects ranks #449 out of 2993 companies for Days Payable. This places Artemis Electricals & Projects in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 77.78. Artemis Electricals & Projects' value of 101.19 is 30.1% above this benchmark. Historically, Artemis Electricals & Projects' own Days Payable has ranged from 39.32 to 220.29 over the past decade. While the company's 10-year median is 167.51 vs. the industry median of 77.78, Artemis Electricals & Projects 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 77.78, 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. Artemis Electricals & Projects's current Days Payable of 101.19 is 30.1% 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 Artemis Electricals & Projects and its competitors. For the Industrial Products industry, the median Days Payable is 77.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artemis Electricals & Projects's current Days Payable is 101.19, which is 40% below median its own 10-year median of 167.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Electricals & Projects stock overvalued right now?
Based on GuruFocus' analysis, Artemis Electricals & Projects (NSE:AEPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹30.41, compared to a current price of ₹15.87 — trading 47.8% below its estimated fair value. The current Days Payable is 101.19, which is 40% below median its 10-year median of 167.51 and 30.1% above the Industrial Products industry median of 77.78. Artemis Electricals & Projects' overall GF Score™ is 63/100 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 Artemis Electricals & Projects (NSE:AEPL), the current Days Payable is 101.19 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 Artemis Electricals & Projects (NSE:AEPL) Overvalued in 2026?

Based on GuruFocus' analysis, Artemis Electricals & Projects stock appears to be undervalued. The current stock price of ₹15.87 is trading 47.8% below its estimated GF Value™ of ₹30.41. GuruFocus considers Artemis Electricals & Projects to be Possible Value Trap.

Key valuation signals for NSE:AEPL:

  • Days Payable: 101.19 (40% below median its 10-year median of 167.51)
  • GF Value™: ₹30.41 vs. price of ₹15.87 (47.8% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 30.1% above the Industrial Products median (#449 of 2993)

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


Artemis Electricals & Projects Business Description

Other Exchanges 542670:India
Address National Express Highway, Artemis Complex, Gala No. 105 and 108, Vasai (East), Thane, MH, IND, 401208
Artemis Electricals & Projects Ltd is engaged in the business of manufacturing and trading of Light Emitting Diode (LED) lights and LED lighting accessories. It primarily manufactures indoor and outdoor LED luminaries such as Street lights, Solar Powered Home LED lighting Systems and LED-based Street Lights, Downlights, Garden lights, pavement/walkthrough indication lights, and others. Geographically, it only operates in India.
63GF Score

Get the complete analysis for NSE:AEPL

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

₹15.87
Price
₹30.41
GF Value