Concord Enviro Systems (NSE:CEWATER) Days Payable: 264.75 (As of Jun. 2026) — 68% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:CEWATER Concord Enviro Systems Ltd NSE:CEWATER
17 GF Score
Price ₹267.50
! 5 Warning Signs
View Full Analysis

What is Concord Enviro Systems Days Payable?

Concord Enviro Systems NSE:CEWATER +0.47% 17 Days Payable is 264.75 as of Jun. 2026, which is 68% above its 10-year median of 157.32. GuruFocus rates NSE:CEWATER with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 478 Utilities - Regulated companies, Concord Enviro Systems ranks better than 79.71% on this metric.

Concord Enviro Systems's average Accounts Payable for the three months ended in Jun. 2026 was ₹1,624 Mil. Concord Enviro Systems's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹560 Mil. Hence, Concord Enviro Systems's Days Payable for the three months ended in Jun. 2026 was 264.75.

The historical rank and industry rank for Concord Enviro Systems's Days Payable or its related term are showing as below:

NSE:CEWATER' s Days Payable Range Over the Past 10 Years
Min: 134.84   Med: 157.32   Max: 167.19
Current: 159.74

During the past 5 years, Concord Enviro Systems's highest Days Payable was 167.19. The lowest was 134.84. And the median was 157.32.

NSE:CEWATER's Days Payable is ranked better than
79.71% of 478 companies
in the Utilities - Regulated industry
Industry Median: 68.945 vs NSE:CEWATER: 159.74

Concord Enviro Systems's Days Payable increased from Jun. 2025 (194.42) to Jun. 2026 (264.75). It may suggest that Concord Enviro Systems delayed paying its suppliers.


Concord Enviro Systems Days Payable Historical Data

* Premium members only.

The historical data trend for Concord Enviro Systems'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.

Concord Enviro Systems Days Payable Chart

Concord Enviro Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
159.16 167.19 149.10 134.84 157.32

Concord Enviro Systems Quarterly Data
Mar22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 194.42 177.43 174.19 112.61 264.75

NSE:CEWATER vs AWK, WTRG, AWR: Days Payable Comparison

For the Utilities - Regulated Water subindustry, Concord Enviro Systems'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.


Concord Enviro Systems Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Concord Enviro Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Concord Enviro Systems's Days Payable falls into.


NSE:CEWATER
17GF Score
Concord Enviro Systems Ltd NSE:CEWATER
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Concord Enviro Systems 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.

Concord Enviro Systems'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
=( (1367.58 + 1624) / 2 ) / 3470.39*365
=1495.79 / 3470.39*365
=157.32

Concord Enviro Systems's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1624 + 0) / 1 ) / 559.73*365 / 4
=1624 / 559.73*365 / 4
=264.75

* 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 264.75 mean?
Concord Enviro Systems (NSE:CEWATER) has a Days Payable of 264.75 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Concord Enviro Systems and its competitors. This is 68% above median its historical median of 157.32. Over the past decade, Concord Enviro Systems' Days Payable has ranged from 134.84 to 167.19. According to the industry distribution chart, Concord Enviro Systems ranks #97 out of 478 companies in the Utilities - Regulated industry, placing it in the top 20.3%.
Is Concord Enviro Systems' Days Payable too high?
Concord Enviro Systems' current Days Payable of 264.75 is 68% above median its 10-year median of 157.32. Over the past 10 years, this metric has ranged from a low of 134.84 to a high of 167.19. The Utilities - Regulated industry median Days Payable is 68.95. Concord Enviro Systems' value of 264.75 is 284% above this industry median. Based on the distribution chart, Concord Enviro Systems ranks #97 out of 478 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Concord Enviro Systems has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Concord Enviro Systems' Days Payable compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Concord Enviro Systems ranks #97 out of 478 companies for Days Payable. This places Concord Enviro Systems in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 68.95. Concord Enviro Systems' value of 264.75 is 284% above this benchmark. Historically, Concord Enviro Systems' own Days Payable has ranged from 134.84 to 167.19 over the past decade. While the company's 10-year median is 157.32 vs. the industry median of 68.95, Concord Enviro Systems 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 68.95, based on 478 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. Concord Enviro Systems's current Days Payable of 264.75 is 284% 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 Concord Enviro Systems and its competitors. For the Utilities - Regulated industry, the median Days Payable is 68.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concord Enviro Systems's current Days Payable is 264.75, which is 68% above median its own 10-year median of 157.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord Enviro Systems stock overvalued right now?
Concord Enviro Systems (NSE:CEWATER) has a current Days Payable of 264.75. The current Days Payable is 264.75, which is 68% above median its 10-year median of 157.32 and 284% above the Utilities - Regulated industry median of 68.95. Concord Enviro Systems' overall GF Score™ is 17/100 with 5 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 Concord Enviro Systems (NSE:CEWATER), the current Days Payable is 264.75 as of Jun. 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.

Concord Enviro Systems Business Description

Other Exchanges 544315:India
Address Anant Kanekar Marg, 101, HDIL Towers, Bandra East, Mumbai, MH, IND, 400051
Concord Enviro Systems Ltd is engaged in the business of manufacturing water treatment systems, water pollution control equipment, bio filters, resource recovery systems using membrane technology, and operational and maintenance services. Geographically, the company generates maximum revenue from its business in India, and also caters to international market to some extent.
17GF Score

Get the complete analysis for NSE:CEWATER

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

₹267.50
Price