Confidence Futuristic Energetech (NSE:CFEL) Days Payable: 71.63 (As of Jun. 2026) — 75% Above Median

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NSE:CFEL Confidence Futuristic Energetech Ltd NSE:CFEL
59 GF Score
Price ₹30.24
GF Value ₹52.26
Valuation Possible Value Trap
! 10 Warning Signs
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What is Confidence Futuristic Energetech Days Payable?

Confidence Futuristic Energetech NSE:CFEL +2.07% 59 Days Payable is 71.63 as of Jun. 2026, which is 75% above its 10-year median of 40.97. GuruFocus rates NSE:CFEL with a GF Score™ of 59/100 and a GF Value™ of ₹52.26 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 476 Utilities - Regulated companies, Confidence Futuristic Energetech ranks worse than 59.45% on this metric.

Confidence Futuristic Energetech's average Accounts Payable for the three months ended in Jun. 2026 was ₹197 Mil. Confidence Futuristic Energetech's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹251 Mil. Hence, Confidence Futuristic Energetech's Days Payable for the three months ended in Jun. 2026 was 71.63.

The historical rank and industry rank for Confidence Futuristic Energetech's Days Payable or its related term are showing as below:

NSE:CFEL' s Days Payable Range Over the Past 10 Years
Min: 7.2   Med: 40.97   Max: 3370.19
Current: 55.94

During the past 13 years, Confidence Futuristic Energetech's highest Days Payable was 3370.19. The lowest was 7.20. And the median was 40.97.

NSE:CFEL's Days Payable is ranked worse than
59.45% of 476 companies
in the Utilities - Regulated industry
Industry Median: 69.175 vs NSE:CFEL: 55.94

Confidence Futuristic Energetech's Days Payable declined from Jun. 2025 (73.17) to Jun. 2026 (71.63). It may suggest that Confidence Futuristic Energetech accelerated paying its suppliers.


Confidence Futuristic Energetech Days Payable Related Terms


Confidence Futuristic Energetech Days Payable Historical Data

* Premium members only.

The historical data trend for Confidence Futuristic Energetech'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.

Confidence Futuristic Energetech Days Payable Chart

Confidence Futuristic Energetech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.20 31.31 42.08 39.86 74.31

Confidence Futuristic Energetech Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.17 15.39 10.25 46.02 71.63

NSE:CFEL vs : Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Confidence Futuristic Energetech'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.


Confidence Futuristic Energetech Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Confidence Futuristic Energetech's Days Payable distribution charts can be found below:

* The bar in red indicates where Confidence Futuristic Energetech's Days Payable falls into.


NSE:CFEL
59GF Score
Confidence Futuristic Energetech Ltd NSE:CFEL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Confidence Futuristic Energetech 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.

Confidence Futuristic Energetech'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
=( (256.244 + 197.228) / 2 ) / 1113.65*365
=226.736 / 1113.65*365
=74.31

Confidence Futuristic Energetech'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
=( (197.228 + 0) / 1 ) / 251.267*365 / 4
=197.228 / 251.267*365 / 4
=71.63

* 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 71.63 mean?
Confidence Futuristic Energetech (NSE:CFEL) has a Days Payable of 71.63 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 Confidence Futuristic Energetech and its competitors. This is 75% above median its historical median of 40.97. Over the past decade, Confidence Futuristic Energetech's Days Payable has ranged from 7.20 to 3,370.19. According to the industry distribution chart, Confidence Futuristic Energetech ranks #283 out of 476 companies in the Utilities - Regulated industry, placing it in the top 59.5%.
Is Confidence Futuristic Energetech's Days Payable too high?
Confidence Futuristic Energetech's current Days Payable of 71.63 is 75% above median its 10-year median of 40.97. Over the past 10 years, this metric has ranged from a low of 7.20 to a high of 3,370.19. The Utilities - Regulated industry median Days Payable is 69.18. Confidence Futuristic Energetech's value of 71.63 is 3.5% above this industry median. Based on the distribution chart, Confidence Futuristic Energetech ranks #283 out of 476 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Confidence Futuristic Energetech has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Confidence Futuristic Energetech's Days Payable compare to ?
According to the Utilities - Regulated industry distribution chart, Confidence Futuristic Energetech ranks #283 out of 476 companies for Days Payable. This places Confidence Futuristic Energetech in the lower half of its industry. The industry median Days Payable is 69.18. Confidence Futuristic Energetech's value of 71.63 is 3.5% above this benchmark. Historically, Confidence Futuristic Energetech's own Days Payable has ranged from 7.20 to 3,370.19 over the past decade. While the company's 10-year median is 40.97 vs. the industry median of 69.18, Confidence Futuristic Energetech 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 69.18, based on 476 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. Confidence Futuristic Energetech's current Days Payable of 71.63 is 3.5% 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 Confidence Futuristic Energetech and its competitors. For the Utilities - Regulated industry, the median Days Payable is 69.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Futuristic Energetech's current Days Payable is 71.63, which is 75% above median its own 10-year median of 40.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Futuristic Energetech stock overvalued right now?
Based on GuruFocus' analysis, Confidence Futuristic Energetech (NSE:CFEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹52.26, compared to a current price of ₹30.24 — trading 42.1% below its estimated fair value. The current Days Payable is 71.63, which is 75% above median its 10-year median of 40.97 and 3.5% above the Utilities - Regulated industry median of 69.18. Confidence Futuristic Energetech's overall GF Score™ is 59/100 with 10 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 Confidence Futuristic Energetech (NSE:CFEL), the current Days Payable is 71.63 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.

Is Confidence Futuristic Energetech (NSE:CFEL) Overvalued in 2026?

Based on GuruFocus' analysis, Confidence Futuristic Energetech stock appears to be undervalued. The current stock price of ₹30.24 is trading 42.1% below its estimated GF Value™ of ₹52.26. GuruFocus considers Confidence Futuristic Energetech to be Possible Value Trap.

Key valuation signals for NSE:CFEL:

  • Days Payable: 71.63 (75% above median its 10-year median of 40.97)
  • GF Value™: ₹52.26 vs. price of ₹30.24 (42.1% below fair value)
  • GF Score™: 59/100 with 10 warning signs
  • Industry Position: 3.5% above the Utilities - Regulated median (#283 of 476)

No single metric tells the full story. See the NSE:CFEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Confidence Futuristic Energetech Business Description

Comparable Companies
Other Exchanges 539991:India
Address 34A, Central Bazar Road, Confidence Tower, Ramdaspeth, Nagpur, MH, IND, 440010
Confidence Futuristic Energetech Ltd, along with its subsidiary entities, is actively engaged in the manufacturing and supply of high-pressure CNG cylinders, LPG cylinders, CNG cascades, medical oxygen cylinders, and seamless steel gas cylinders for industrial gases. It offers a wide range of onboard CNG cylinder sizes at competitive prices, making CNG a more affordable and accessible option for consumers transitioning to cleaner fuel alternatives. The company is involved in the Parallel LPG Market by the name of Pack Cylinder Division with GO GAS ELITE as its brand, and is into selling LPG to both domestic and commercial users at competitive rates. Its operating segments are: Cylinder Division, which generates the maximum revenue, and LPG Division.
59GF Score

Get the complete analysis for NSE:CFEL

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

₹30.24
Price
₹52.26
GF Value