Cords Cable Industries (NSE:CORDSCABLE) Days Payable: 60.35 (As of Mar. 2026) — 10% Below Median


NSE:CORDSCABLE Cords Cable Industries Ltd NSE:CORDSCABLE
86 GF Score
Price ₹212.55
GF Value ₹222.17
Valuation Fairly Valued
! 3 Warning Signs
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What is Cords Cable Industries Days Payable?

Cords Cable Industries NSE:CORDSCABLE +0.95% 86 Days Payable is 60.35 as of Mar. 2026, which is 10% below its 10-year median of 66.79. GuruFocus rates NSE:CORDSCABLE with a GF Score™ of 86/100 and a GF Value™ of ₹222.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,986 Industrial Products companies, Cords Cable Industries ranks worse than 64.03% on this metric.

Cords Cable Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,462 Mil. Cords Cable Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,211 Mil. Hence, Cords Cable Industries's Days Payable for the three months ended in Mar. 2026 was 60.35.

The historical rank and industry rank for Cords Cable Industries's Days Payable or its related term are showing as below:

NSE:CORDSCABLE' s Days Payable Range Over the Past 10 Years
Min: 56.84   Med: 66.79   Max: 106.03
Current: 57.24

During the past 13 years, Cords Cable Industries's highest Days Payable was 106.03. The lowest was 56.84. And the median was 66.79.

NSE:CORDSCABLE's Days Payable is ranked worse than
64.03% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs NSE:CORDSCABLE: 57.24

Cords Cable Industries's Days Payable increased from Mar. 2025 (51.29) to Mar. 2026 (60.35). It may suggest that Cords Cable Industries delayed paying its suppliers.


Cords Cable Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Cords Cable Industries'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.

Cords Cable Industries Days Payable Chart

Cords Cable Industries 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 61.08 62.19 60.51 56.84 59.00

Cords Cable Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 51.29 52.76 56.88 54.72 60.35

NSE:CORDSCABLE vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Cords Cable Industries'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.


Cords Cable Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cords Cable Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Cords Cable Industries's Days Payable falls into.


NSE:CORDSCABLE
86GF Score
Cords Cable Industries Ltd NSE:CORDSCABLE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cords Cable Industries 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.

Cords Cable Industries'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
=( (1063.803 + 1462.384) / 2 ) / 7814.108*365
=1263.0935 / 7814.108*365
=59.00

Cords Cable Industries'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 1462.384) / 1 ) / 2211.039*365 / 4
=1462.384 / 2211.039*365 / 4
=60.35

* 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 60.35 mean?
Cords Cable Industries (NSE:CORDSCABLE) has a Days Payable of 60.35 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 Cords Cable Industries and its competitors. This is 10% below median its historical median of 66.79. Over the past decade, Cords Cable Industries' Days Payable has ranged from 56.84 to 106.03. According to the industry distribution chart, Cords Cable Industries ranks #1912 out of 2986 companies in the Industrial Products industry, placing it in the top 64%.
Is Cords Cable Industries' Days Payable too high?
Cords Cable Industries' current Days Payable of 60.35 is 10% below median its 10-year median of 66.79. Over the past 10 years, this metric has ranged from a low of 56.84 to a high of 106.03. The Industrial Products industry median Days Payable is 78.07. Cords Cable Industries' value of 60.35 is 22.7% below this industry median. Based on the distribution chart, Cords Cable Industries ranks #1912 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Cords Cable Industries has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cords Cable Industries' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Cords Cable Industries ranks #1912 out of 2986 companies for Days Payable. This places Cords Cable Industries in the lower half of its industry. The industry median Days Payable is 78.07. Cords Cable Industries' value of 60.35 is 22.7% below this benchmark. Historically, Cords Cable Industries' own Days Payable has ranged from 56.84 to 106.03 over the past decade. While the company's 10-year median is 66.79 vs. the industry median of 78.07, Cords Cable Industries 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 78.07, based on 2,986 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. Cords Cable Industries's current Days Payable of 60.35 is 22.7% 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 Cords Cable Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cords Cable Industries's current Days Payable is 60.35, which is 10% below median its own 10-year median of 66.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cords Cable Industries stock overvalued right now?
Based on GuruFocus' analysis, Cords Cable Industries (NSE:CORDSCABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹222.17, compared to a current price of ₹212.55 — trading 4.3% below its estimated fair value. The current Days Payable is 60.35, which is 10% below median its 10-year median of 66.79 and 22.7% below the Industrial Products industry median of 78.07. Cords Cable Industries' overall GF Score™ is 86/100 with 3 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 Cords Cable Industries (NSE:CORDSCABLE), the current Days Payable is 60.35 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.

Is Cords Cable Industries (NSE:CORDSCABLE) Overvalued in 2026?

Based on GuruFocus' analysis, Cords Cable Industries stock appears to be undervalued. The current stock price of ₹212.55 is trading 4.3% below its estimated GF Value™ of ₹222.17. GuruFocus considers Cords Cable Industries to be Fairly Valued.

Key valuation signals for NSE:CORDSCABLE:

  • Days Payable: 60.35 (10% below median its 10-year median of 66.79)
  • GF Value™: ₹222.17 vs. price of ₹212.55 (4.3% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 22.7% below the Industrial Products median (#1912 of 2986)

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


Cords Cable Industries Business Description

Other Exchanges 532941:India
Address Shambhu Dayal Bagh Marg, Near Okhla Industrial Area Phase-III, 94, First Floor, Old Ishwar Nagar, New Delhi, IND, 110020
Cords Cable Industries Ltd is engaged in offering electrical wires and cables. It is focused on specialized control and instrumentation cables. It designs, develops and manufactures a varied range of Instrumentation, Control, Thermocouple Extension/ Compensating, Power and Communication cables. The company's products include Fieldbus Cables, FireSave-Fire Survival Cables, EPR Cables, XtremeTemp - Low Temperature Cables, ToxFree-Low Smoke Zero Halogen Cables, Oil and Gas Cables, Water Desalination and Special Custom Designed Hybrid Cables and Cordsol- photovoltaic (PV) Solar Cables.
86GF Score

Get the complete analysis for NSE:CORDSCABLE

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

₹212.55
Price
₹222.17
GF Value