Apex Ecotech (NSE:APEXECO) Days Payable: 13.46 (As of Mar. 2026) — 69% Below Median

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NSE:APEXECO Apex Ecotech Ltd NSE:APEXECO
19 GF Score
Price ₹290.20
! 8 Warning Signs
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What is Apex Ecotech Days Payable?

Apex Ecotech NSE:APEXECO +0.07% 19 Days Payable is 13.46 as of Mar. 2026, which is 69% below its 10-year median of 43.95. GuruFocus rates NSE:APEXECO with a GF Score™ of 19/100. The stock has 8 warning signs investors should review. Among 233 Waste Management companies, Apex Ecotech ranks worse than 76.82% on this metric.

Apex Ecotech's average Accounts Payable for the six months ended in Mar. 2026 was ₹65 Mil. Apex Ecotech's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹876 Mil. Hence, Apex Ecotech's Days Payable for the six months ended in Mar. 2026 was 13.46.

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

NSE:APEXECO' s Days Payable Range Over the Past 10 Years
Min: 20.99   Med: 43.95   Max: 61.52
Current: 26.92

During the past 5 years, Apex Ecotech's highest Days Payable was 61.52. The lowest was 20.99. And the median was 43.95.

NSE:APEXECO's Days Payable is ranked worse than
76.82% of 233 companies
in the Waste Management industry
Industry Median: 64.49 vs NSE:APEXECO: 26.92

Apex Ecotech's Days Payable declined from Sep. 2024 (66.58) to Mar. 2026 (13.46). It may suggest that Apex Ecotech accelerated paying its suppliers.


Apex Ecotech Days Payable Historical Data

* Premium members only.

The historical data trend for Apex Ecotech'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.

Apex Ecotech Days Payable Chart

Apex Ecotech Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
61.52 46.67 43.95 42.58 20.99

Apex Ecotech Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 0.00 66.58 31.82 13.46

NSE:APEXECO vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Apex Ecotech'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.


Apex Ecotech Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Apex Ecotech's Days Payable distribution charts can be found below:

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


NSE:APEXECO
19GF Score
Apex Ecotech Ltd NSE:APEXECO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Ecotech 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.

Apex Ecotech'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
=( (62.639 + 66.574) / 2 ) / 1123.289*365
=64.6065 / 1123.289*365
=20.99

Apex Ecotech'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (62.639 + 66.574) / 2 ) / 875.91*365 / 2
=64.6065 / 875.91*365 / 2
=13.46

* 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 13.46 mean?
Apex Ecotech (NSE:APEXECO) has a Days Payable of 13.46 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 Apex Ecotech and its competitors. This is 69% below median its historical median of 43.95. Over the past decade, Apex Ecotech's Days Payable has ranged from 20.99 to 61.52. According to the industry distribution chart, Apex Ecotech ranks #179 out of 233 companies in the Waste Management industry, placing it in the top 76.8%.
Is Apex Ecotech's Days Payable too high?
Apex Ecotech's current Days Payable of 13.46 is 69% below median its 10-year median of 43.95. Over the past 10 years, this metric has ranged from a low of 20.99 to a high of 61.52. The Waste Management industry median Days Payable is 64.49. Apex Ecotech's value of 13.46 is 79.1% below this industry median. Based on the distribution chart, Apex Ecotech ranks #179 out of 233 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Apex Ecotech has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Apex Ecotech's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Apex Ecotech ranks #179 out of 233 companies for Days Payable. This places Apex Ecotech in the lower half of its industry. The industry median Days Payable is 64.49. Apex Ecotech's value of 13.46 is 79.1% below this benchmark. Historically, Apex Ecotech's own Days Payable has ranged from 20.99 to 61.52 over the past decade. While the company's 10-year median is 43.95 vs. the industry median of 64.49, Apex Ecotech 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 Waste Management company?
The median Days Payable among Waste Management companies is 64.49, based on 233 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. Apex Ecotech's current Days Payable of 13.46 is 79.1% 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 Apex Ecotech and its competitors. For the Waste Management industry, the median Days Payable is 64.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Ecotech's current Days Payable is 13.46, which is 69% below median its own 10-year median of 43.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Ecotech stock overvalued right now?
Apex Ecotech (NSE:APEXECO) has a current Days Payable of 13.46. The current Days Payable is 13.46, which is 69% below median its 10-year median of 43.95 and 79.1% below the Waste Management industry median of 64.49. Apex Ecotech's overall GF Score™ is 19/100 with 8 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 Apex Ecotech (NSE:APEXECO), the current Days Payable is 13.46 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.

Apex Ecotech Business Description

Address 2nd Westend Marg, Plot No. 3, First Floor, Kehar Singh Estate, Behind Saket Metro Station, New Delhi, IND, 110030
Apex Ecotech Ltd provides comprehensive solutions for water & wastewater treatment, recycling, and reuse methods. Its services include setting up Raw Water Treatment for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pretreated wastewater through Membrane systems (Ultrafiltration, Nano Filtration, Reverse Osmosis, Disc Type RO and others), and Thermal/Vapor Compression-based Evaporators and Crystallizers for Zero Liquid Discharge Systems.
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