Clean Max Enviro Energy Solutions (NSE:CLEANMAX) Days Payable: 1,213.00 (As of Mar. 2026) — 41% Above Median

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NSE:CLEANMAX Clean Max Enviro Energy Solutions Ltd NSE:CLEANMAX
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What is Clean Max Enviro Energy Solutions Days Payable?

Clean Max Enviro Energy Solutions NSE:CLEANMAX +2.03% 10 Days Payable is 1,213.00 as of Mar. 2026, which is 41% above its 10-year median of 862.22. GuruFocus rates NSE:CLEANMAX with a GF Score™ of 10/100. The stock has 7 warning signs investors should review. Among 396 Utilities - Independent Power Producers companies, Clean Max Enviro Energy Solutions ranks better than 94.19% on this metric.

Clean Max Enviro Energy Solutions's average Accounts Payable for the six months ended in Mar. 2026 was ₹19,835 Mil. Clean Max Enviro Energy Solutions's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹2,984 Mil. Hence, Clean Max Enviro Energy Solutions's Days Payable for the six months ended in Mar. 2026 was 1,213.00.

The historical rank and industry rank for Clean Max Enviro Energy Solutions's Days Payable or its related term are showing as below:

NSE:CLEANMAX' s Days Payable Range Over the Past 10 Years
Min: 737.81   Med: 862.22   Max: 1172.69
Current: 1172.69

During the past 4 years, Clean Max Enviro Energy Solutions's highest Days Payable was 1172.69. The lowest was 737.81. And the median was 862.22.

NSE:CLEANMAX's Days Payable is ranked better than
94.19% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 80.66 vs NSE:CLEANMAX: 1172.69

Clean Max Enviro Energy Solutions's Days Payable increased from Mar. 2025 (538.08) to Mar. 2026 (1,213.00). It may suggest that Clean Max Enviro Energy Solutions delayed paying its suppliers.


Clean Max Enviro Energy Solutions Days Payable Related Terms


Clean Max Enviro Energy Solutions Days Payable Historical Data

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The historical data trend for Clean Max Enviro Energy Solutions'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.

Clean Max Enviro Energy Solutions Days Payable Chart

Clean Max Enviro Energy Solutions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
955.81 771.13 737.81 953.30

Clean Max Enviro Energy Solutions Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 1,252.37 538.08 1,384.06 1,213.00

Clean Max Enviro Energy Solutions Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Clean Max Enviro Energy Solutions'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.


Clean Max Enviro Energy Solutions Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clean Max Enviro Energy Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Clean Max Enviro Energy Solutions's Days Payable falls into.


NSE:CLEANMAX
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Clean Max Enviro Energy Solutions Ltd NSE:CLEANMAX
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Clean Max Enviro Energy Solutions 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.

Clean Max Enviro Energy Solutions'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
=( (8724.14 + 17503.02) / 2 ) / 5020.92*365
=13113.58 / 5020.92*365
=953.30

Clean Max Enviro Energy Solutions's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (22167.38 + 17503.02) / 2 ) / 2984.27*365 / 2
=19835.2 / 2984.27*365 / 2
=1,213.00

* 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 1,213.00 mean?
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) has a Days Payable of 1,213.00 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 Clean Max Enviro Energy Solutions and its competitors. This is 41% above median its historical median of 862.22. Over the past decade, Clean Max Enviro Energy Solutions' Days Payable has ranged from 737.81 to 1,172.69. According to the industry distribution chart, Clean Max Enviro Energy Solutions ranks #23 out of 396 companies in the Utilities - Independent Power Producers industry, placing it in the top 5.8%.
Is Clean Max Enviro Energy Solutions' Days Payable too high?
Clean Max Enviro Energy Solutions' current Days Payable of 1,213.00 is 41% above median its 10-year median of 862.22. Over the past 10 years, this metric has ranged from a low of 737.81 to a high of 1,172.69. The Utilities - Independent Power Producers industry median Days Payable is 80.66. Clean Max Enviro Energy Solutions' value of 1,213.00 is 1403.8% above this industry median. Based on the distribution chart, Clean Max Enviro Energy Solutions ranks #23 out of 396 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Clean Max Enviro Energy Solutions has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Clean Max Enviro Energy Solutions' Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Clean Max Enviro Energy Solutions ranks #23 out of 396 companies for Days Payable. This places Clean Max Enviro Energy Solutions in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 80.66. Clean Max Enviro Energy Solutions' value of 1,213.00 is 1403.8% above this benchmark. Historically, Clean Max Enviro Energy Solutions' own Days Payable has ranged from 737.81 to 1,172.69 over the past decade. While the company's 10-year median is 862.22 vs. the industry median of 80.66, Clean Max Enviro Energy Solutions 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 - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 80.66, based on 396 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. Clean Max Enviro Energy Solutions's current Days Payable of 1,213.00 is 1403.8% 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 Clean Max Enviro Energy Solutions and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 80.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Max Enviro Energy Solutions's current Days Payable is 1,213.00, which is 41% above median its own 10-year median of 862.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Max Enviro Energy Solutions stock overvalued right now?
Clean Max Enviro Energy Solutions (NSE:CLEANMAX) has a current Days Payable of 1,213.00. The current Days Payable is 1,213.00, which is 41% above median its 10-year median of 862.22 and 1403.8% above the Utilities - Independent Power Producers industry median of 80.66. Clean Max Enviro Energy Solutions' overall GF Score™ is 10/100 with 7 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 Clean Max Enviro Energy Solutions (NSE:CLEANMAX), the current Days Payable is 1,213.00 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.

Clean Max Enviro Energy Solutions Business Description

Other Exchanges 544717:India
Address 16 Maharshi Karve Road, New Marine Lines, Cross Road No.1, 4th Floor, The International, Churchgate, Mumbai, MH, IND, 400 020
Clean Max Enviro Energy Solutions Ltd operates as a provider of commercial and industrial renewable energy. It specializes in delivering Net Zero and decarbonization solutions, including supplying renewable power and offering energy services and carbon credit solutions to customers across data centres, AI and technology industries and commercial and industrial enterprises across a range of sectors, including infrastructure, cement, steel, industrial manufacturing, FMCG, pharmaceuticals, and real estate. The company's two business segments are: (i) Renewable Energy Power Sales Segment, and (ii) Renewable Energy Services Segment. The majority of the company's revenue is derived from the Renewable Energy Power Sales Segment, which is focused on the sale of electricity.
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