Alpex SolarNSE:ALPEXSOLAR -1.94%55 Days Payable is 33.72 as of Mar. 2026, which is 29% below its 10-year median of 47.58. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 55/100. The stock has 2 warning signs investors should review. Among 998 Semiconductors companies, Alpex Solar ranks worse than 78.76% on this metric.
Alpex Solar's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹2,020 Mil. Alpex Solar's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹5,466 Mil.
Hence, Alpex Solar's Days Payable for the
three
months ended in Mar. 2026 was 33.72.
The historical rank and industry rank for Alpex Solar's Days Payable or its related term are showing as below:
NSE:ALPEXSOLAR'
s Days Payable Range Over the Past 10 Years
Min: 29.63 Med: 47.58 Max: 69.95
Current: 29.63
During the past 6 years, Alpex Solar's highest Days Payable was 69.95. The lowest was 29.63. And the median was 47.58.
NSE:ALPEXSOLAR's Days Payable is ranked worse than 78.76% of 998
companies
in the Semiconductors industry
Industry Median: 52.98
vs NSE:ALPEXSOLAR: 29.63
Alpex Solar's Days Payable
increased
from Mar. 2025 (28.96) to Mar. 2026 (33.72).
It may suggest that Alpex Solardelayed paying its suppliers.
Alpex Solar Days Payable Related Terms
Alpex Solar Days Payable Historical Data
* Premium members only.
The historical data trend for Alpex Solar'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.
NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: Days Payable Comparison
For the Solar subindustry, Alpex Solar'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.
Alpex Solar Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Alpex Solar's Days Payable distribution charts can be found below:
* The bar in red indicates where Alpex Solar's Days Payable falls into.
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.
Alpex Solar's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Alpex Solar (NSE:ALPEXSOLAR) has a Days Payable of 33.72 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 Alpex Solar and its competitors. This is 29% below median its historical median of 47.58. Over the past decade, Alpex Solar's Days Payable has ranged from 29.63 to 69.95. According to the industry distribution chart, Alpex Solar ranks #786 out of 998 companies in the Semiconductors industry, placing it in the top 78.8%.
Is Alpex Solar's Days Payable too high?
Alpex Solar's current Days Payable of 33.72 is 29% below median its 10-year median of 47.58. Over the past 10 years, this metric has ranged from a low of 29.63 to a high of 69.95. The Semiconductors industry median Days Payable is 52.98. Alpex Solar's value of 33.72 is 36.4% below this industry median. Based on the distribution chart, Alpex Solar ranks #786 out of 998 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Alpex Solar has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #786 out of 998 companies for Days Payable. This places Alpex Solar in the lower half of its industry. The industry median Days Payable is 52.98. Alpex Solar's value of 33.72 is 36.4% below this benchmark. Historically, Alpex Solar's own Days Payable has ranged from 29.63 to 69.95 over the past decade. While the company's 10-year median is 47.58 vs. the industry median of 52.98, Alpex Solar 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. Alpex Solar's current Days Payable of 33.72 is 36.4% 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 Alpex Solar 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. Alpex Solar's current Days Payable is 33.72, which is 29% below median its own 10-year median of 47.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current Days Payable of 33.72. The current Days Payable is 33.72, which is 29% below median its 10-year median of 47.58 and 36.4% below the Semiconductors industry median of 52.98. Alpex Solar's overall GF Score™ is 55/100 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 Alpex Solar (NSE:ALPEXSOLAR), the current Days Payable is 33.72 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.
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
55GF Score
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