Bright Solar (NSE:BRIGHT) Days Payable: 423.35 (As of Mar. 2025)

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NSE:BRIGHT Bright Solar Ltd NSE:BRIGHT
6 GF Score
Price ₹2.80
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What is Bright Solar Days Payable?

Bright Solar NSE:BRIGHT 6 Days Payable is 423.35 as of Mar. 2025. GuruFocus rates NSE:BRIGHT with a GF Score™ of 6/100.

Bright Solar's average Accounts Payable for the six months ended in Mar. 2025 was ₹30.97 Mil. Bright Solar's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹13.35 Mil. Hence, Bright Solar's Days Payable for the six months ended in Mar. 2025 was 423.35.

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

NSE:BRIGHT's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

Bright Solar's Days Payable increased from Mar. 2024 (56.55) to Mar. 2025 (423.35). It may suggest that Bright Solar delayed paying its suppliers.


Bright Solar Days Payable Historical Data

* Premium members only.

The historical data trend for Bright 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.

Bright Solar Days Payable Chart

Bright Solar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.50 99.58 100.23 193.62 697.97

Bright Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 79.71 2,399.52 56.55 1,370.89 423.35

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

For the Solar subindustry, Bright 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.


Bright Solar Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Bright Solar's Days Payable distribution charts can be found below:

* The bar in red indicates where Bright Solar's Days Payable falls into.


NSE:BRIGHT
6GF Score
Bright Solar Ltd NSE:BRIGHT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Solar 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.

Bright Solar'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
=( (33.462 + 33.386) / 2 ) / 17.479*365
=33.424 / 17.479*365
=697.97

Bright Solar'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: Sep. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (28.555 + 33.386) / 2 ) / 13.351*365 / 2
=30.9705 / 13.351*365 / 2
=423.35

* 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 423.35 mean?
Bright Solar (NSE:BRIGHT) has a Days Payable of 423.35 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 Bright Solar and its competitors.
Is Bright Solar's Days Payable too high?
Bright Solar's current Days Payable is 423.35. The Semiconductors industry median Days Payable is 53.06. Bright Solar's value of 423.35 is 697.9% above this industry median. Overall, Bright Solar has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Bright Solar's Days Payable compare to FSLR and ENPH?
Bright Solar's Days Payable of 423.35 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. Bright Solar's value of 423.35 is 697.9% above this benchmark. 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 999 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. Bright Solar's current Days Payable of 423.35 is 697.9% 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 Bright Solar 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. Bright Solar's current Days Payable is 423.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Solar stock overvalued right now?
Bright Solar (NSE:BRIGHT) has a current Days Payable of 423.35. The current Days Payable is 423.35 and 697.9% above the Semiconductors industry median of 53.06. Bright Solar's overall GF Score™ is 6/100. 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 Bright Solar (NSE:BRIGHT), the current Days Payable is 423.35 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.

Bright Solar Business Description

Address Shyamal Cross Road, S.F-203, Shangrila Arcade, Opposite Shyamal 3A Row Houses, Satellite, Ahmedabad, GJ, IND, 380 015
Bright Solar Ltd is engaged in the business of manufacturing of solar pump and pumping system & other solar products and Infrastructure projects which includes Rural water supply projects & EPC projects of Water treatment & Sewerage treatment plant unit. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Sale of Services- Installation of Systems and Consulting of Project Tendering, Infrastructure projects, FMCG Business and Drone Services Business. The company generates the majority of its revenue from Solar Water Pumping and other system sales.
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