Elecon Engineering CoNSE:ELECON -1.63%95 Days Payable is 61.41 as of Mar. 2026, which is 69% below its 10-year median of 195.01. GuruFocus rates NSE:ELECON with a GF Score™ of 95/100 and a GF Value™ of ₹644.83 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,992 Industrial Products companies, Elecon Engineering Co ranks worse than 53.01% on this metric.
The historical rank and industry rank for Elecon Engineering Co's Days Payable or its related term are showing as below:
NSE:ELECON'
s Days Payable Range Over the Past 10 Years
Min: 68.78 Med: 195.01 Max: 306.34
Current: 72.73
During the past 13 years, Elecon Engineering Co's highest Days Payable was 306.34. The lowest was 68.78. And the median was 195.01.
NSE:ELECON's Days Payable is ranked worse than 53.01% of 2992
companies
in the Industrial Products industry
Industry Median: 78.08
vs NSE:ELECON: 72.73
Elecon Engineering Co Days Payable Historical Data
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The historical data trend for Elecon Engineering Co'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.
NSE:ELECON vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.
Elecon Engineering Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's Days Payable falls into.
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.
Elecon Engineering Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Elecon Engineering Co (NSE:ELECON) has a Days Payable of 61.41 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 Elecon Engineering Co and its competitors. This is 69% below median its historical median of 195.01. Over the past decade, Elecon Engineering Co's Days Payable has ranged from 68.78 to 306.34. According to the industry distribution chart, Elecon Engineering Co ranks #1586 out of 2992 companies in the Industrial Products industry, placing it in the top 53%.
Is Elecon Engineering Co's Days Payable too high?
Elecon Engineering Co's current Days Payable of 61.41 is 69% below median its 10-year median of 195.01. Over the past 10 years, this metric has ranged from a low of 68.78 to a high of 306.34. The Industrial Products industry median Days Payable is 78.08. Elecon Engineering Co's value of 61.41 is 21.3% below this industry median. Based on the distribution chart, Elecon Engineering Co ranks #1586 out of 2992 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Elecon Engineering Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #1586 out of 2992 companies for Days Payable. This places Elecon Engineering Co in the lower half of its industry. The industry median Days Payable is 78.08. Elecon Engineering Co's value of 61.41 is 21.3% below this benchmark. Historically, Elecon Engineering Co's own Days Payable has ranged from 68.78 to 306.34 over the past decade. While the company's 10-year median is 195.01 vs. the industry median of 78.08, Elecon Engineering Co 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. Elecon Engineering Co's current Days Payable of 61.41 is 21.3% 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 Elecon Engineering Co 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. Elecon Engineering Co's current Days Payable is 61.41, which is 69% below median its own 10-year median of 195.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹644.83, compared to a current price of ₹522.20 — trading 19% below its estimated fair value. The current Days Payable is 61.41, which is 69% below median its 10-year median of 195.01 and 21.3% below the Industrial Products industry median of 78.08. Elecon Engineering Co's overall GF Score™ is 95/100 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 Elecon Engineering Co (NSE:ELECON), the current Days Payable is 61.41 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?
Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued.
The current stock price of ₹522.20 is trading 19% below its estimated GF Value™ of ₹644.83.
GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.
Key valuation signals for NSE:ELECON:
Days Payable: 61.41 (69% below median its 10-year median of 195.01)
GF Value™: ₹644.83 vs. price of ₹522.20 (19% below fair value)
Industry Position: 21.3% below the Industrial Products median (#1586 of 2992)
No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
95GF Score
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