Australian Premium Solar (India) (NSE:APS) Days Payable: 53.16 (As of Mar. 2025) — 29% Below Median


NSE:APS Australian Premium Solar (India) Ltd NSE:APS
18 GF Score
Price ₹298.00
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What is Australian Premium Solar (India) Days Payable?

Australian Premium Solar (India) NSE:APS 18 Days Payable is 53.16 as of Mar. 2025, which is 29% below its 10-year median of 74.64. GuruFocus rates NSE:APS with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 997 Semiconductors companies, Australian Premium Solar (India) ranks better than 50.05% on this metric.

Australian Premium Solar (India)'s average Accounts Payable for the six months ended in Mar. 2025 was ₹519 Mil. Australian Premium Solar (India)'s Cost of Goods Sold for the six months ended in Mar. 2025 was ₹3,561 Mil. Hence, Australian Premium Solar (India)'s Days Payable for the six months ended in Mar. 2025 was 26.58.

The historical rank and industry rank for Australian Premium Solar (India)'s Days Payable or its related term are showing as below:

NSE:APS' s Days Payable Range Over the Past 10 Years
Min: 50.36   Med: 74.64   Max: 113.79
Current: 53.16

During the past 5 years, Australian Premium Solar (India)'s highest Days Payable was 113.79. The lowest was 50.36. And the median was 74.64.

NSE:APS's Days Payable is ranked better than
50.05% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs NSE:APS: 53.16

Australian Premium Solar (India)'s Days Payable declined from Mar. 2023 (76.75) to Mar. 2025 (53.16). It may suggest that Australian Premium Solar (India) accelerated paying its suppliers.


Australian Premium Solar (India) Days Payable Related Terms


Australian Premium Solar (India) Days Payable Historical Data

* Premium members only.

The historical data trend for Australian Premium Solar (India)'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.

Australian Premium Solar (India) Days Payable Chart

Australian Premium Solar (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
113.79 74.64 76.75 50.36 53.16

Australian Premium Solar (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable 113.79 74.64 76.75 50.36 53.16

NSE:APS vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Australian Premium Solar (India)'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.


Australian Premium Solar (India) Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Australian Premium Solar (India)'s Days Payable falls into.


NSE:APS
18GF Score
Australian Premium Solar (India) Ltd NSE:APS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Australian Premium Solar (India) 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.

Australian Premium Solar (India)'s Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (163.955 + 873.449) / 2 ) / 3561.236*365
=518.702 / 3561.236*365
=53.16

Australian Premium Solar (India)'s Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (163.955 + 873.449) / 2 ) / 3561.236*365 / 2
=518.702 / 3561.236*365 / 2
=26.58

* 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 53.16 mean?
Australian Premium Solar (India) (NSE:APS) has a Days Payable of 53.16 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Australian Premium Solar (India) and its competitors. This is 29% below median its historical median of 74.64. Over the past decade, Australian Premium Solar (India)'s Days Payable has ranged from 50.36 to 113.79. According to the industry distribution chart, Australian Premium Solar (India) ranks #498 out of 997 companies in the Semiconductors industry, placing it in the top 49.9%.
Is Australian Premium Solar (India)'s Days Payable too high?
Australian Premium Solar (India)'s current Days Payable of 53.16 is 29% below median its 10-year median of 74.64. Over the past 10 years, this metric has ranged from a low of 50.36 to a high of 113.79. The Semiconductors industry median Days Payable is 53.06. Australian Premium Solar (India)'s value of 53.16 is 0.2% above this industry median. Based on the distribution chart, Australian Premium Solar (India) ranks #498 out of 997 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Australian Premium Solar (India) has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Australian Premium Solar (India)'s Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Australian Premium Solar (India) ranks #498 out of 997 companies for Days Payable. This puts Australian Premium Solar (India) in the upper half of its industry. The industry median Days Payable is 53.06. Australian Premium Solar (India)'s value of 53.16 is 0.2% above this benchmark. Historically, Australian Premium Solar (India)'s own Days Payable has ranged from 50.36 to 113.79 over the past decade. While the company's 10-year median is 74.64 vs. the industry median of 53.06, Australian Premium Solar (India) 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. Australian Premium Solar (India)'s current Days Payable of 53.16 is 0.2% 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 Australian Premium Solar (India) and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Premium Solar (India)'s current Days Payable is 53.16, which is 29% below median its own 10-year median of 74.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Premium Solar (India) stock overvalued right now?
Australian Premium Solar (India) (NSE:APS) has a current Days Payable of 53.16. The current Days Payable is 53.16, which is 29% below median its 10-year median of 74.64 and 0.2% above the Semiconductors industry median of 53.06. Australian Premium Solar (India)'s overall GF Score™ is 18/100 with 1 warning sign 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 Australian Premium Solar (India) (NSE:APS), the current Days Payable is 53.16 as of Mar. 2025. 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.

Australian Premium Solar (India) Business Description

Address Science City Road, 301, 3rd floor, Satyamev Eminence, Nr. Shukan Mall, Ahmedabad, GJ, IND, 380060
Australian Premium Solar (India) Ltd is engaged in the manufacturing of solar panels and EPC services for solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) N-Type TopCon. It also provides installation services for solar panels and solar pumps. The majority of the revenue is generated from the manufacturing of solar panels.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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