Classic Electrodes (India)NSE:CLASSICEIL +3.62%15 Days Payable is 12.14 as of Mar. 2026, which is 31% below its 10-year median of 17.53. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. Among 2,992 Industrial Products companies, Classic Electrodes (India) ranks worse than 97.76% on this metric.
The historical rank and industry rank for Classic Electrodes (India)'s Days Payable or its related term are showing as below:
NSE:CLASSICEIL'
s Days Payable Range Over the Past 10 Years
Min: 11.26 Med: 17.53 Max: 30.98
Current: 11.94
During the past 5 years, Classic Electrodes (India)'s highest Days Payable was 30.98. The lowest was 11.26. And the median was 17.53.
NSE:CLASSICEIL's Days Payable is ranked worse than 97.76% of 2992
companies
in the Industrial Products industry
Industry Median: 78.08
vs NSE:CLASSICEIL: 11.94
* 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.
NSE:CLASSICEIL vs VRT, BE: Days Payable Comparison
For the Electrical Equipment & Parts subindustry, Classic Electrodes (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.
Classic Electrodes (India) Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Classic Electrodes (India)'s Days Payable falls into.
Classic Electrodes (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.
* 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.
Classic Electrodes (India) (NSE:CLASSICEIL) has a Days Payable of 12.14 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 Classic Electrodes (India) and its competitors. This is 31% below median its historical median of 17.53. Over the past decade, Classic Electrodes (India)'s Days Payable has ranged from 11.26 to 30.98. According to the industry distribution chart, Classic Electrodes (India) ranks #2925 out of 2992 companies in the Industrial Products industry, placing it in the top 97.8%.
Is Classic Electrodes (India)'s Days Payable too high?
Classic Electrodes (India)'s current Days Payable of 12.14 is 31% below median its 10-year median of 17.53. Over the past 10 years, this metric has ranged from a low of 11.26 to a high of 30.98. The Industrial Products industry median Days Payable is 78.08. Classic Electrodes (India)'s value of 12.14 is 84.5% below this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #2925 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #2925 out of 2992 companies for Days Payable. This places Classic Electrodes (India) in the lower half of its industry. The industry median Days Payable is 78.08. Classic Electrodes (India)'s value of 12.14 is 84.5% below this benchmark. Historically, Classic Electrodes (India)'s own Days Payable has ranged from 11.26 to 30.98 over the past decade. While the company's 10-year median is 17.53 vs. the industry median of 78.08, Classic Electrodes (India) 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. Classic Electrodes (India)'s current Days Payable of 12.14 is 84.5% 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 Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Days Payable is 12.14, which is 31% below median its own 10-year median of 17.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Days Payable of 12.14. The current Days Payable is 12.14, which is 31% below median its 10-year median of 17.53 and 84.5% below the Industrial Products industry median of 78.08. Classic Electrodes (India)'s overall GF Score™ is 15/100. 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Days Payable is 12.14 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.
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
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