Elin Electronics (NSE:ELIN) Days Payable: 50.47 (As of Jun. 2026) — Near Median

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NSE:ELIN Elin Electronics Ltd NSE:ELIN
59 GF Score
Price ₹90.96
GF Value ₹207.52
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Elin Electronics Days Payable?

Elin Electronics NSE:ELIN -1.79% 59 Days Payable is 50.47 as of Jun. 2026, which is 5% above its 10-year median of 48.29. GuruFocus rates NSE:ELIN with a GF Score™ of 59/100 and a GF Value™ of ₹207.52 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,012 Industrial Products companies, Elin Electronics ranks worse than 64.21% on this metric.

Elin Electronics's average Accounts Payable for the three months ended in Jun. 2026 was ₹1,574 Mil. Elin Electronics's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹2,846 Mil. Hence, Elin Electronics's Days Payable for the three months ended in Jun. 2026 was 50.47.

The historical rank and industry rank for Elin Electronics's Days Payable or its related term are showing as below:

NSE:ELIN' s Days Payable Range Over the Past 10 Years
Min: 41.94   Med: 48.29   Max: 56.65
Current: 56.65

During the past 7 years, Elin Electronics's highest Days Payable was 56.65. The lowest was 41.94. And the median was 48.29.

NSE:ELIN's Days Payable is ranked worse than
64.21% of 3012 companies
in the Industrial Products industry
Industry Median: 78.575 vs NSE:ELIN: 56.65

Elin Electronics's Days Payable declined from Jun. 2025 (55.67) to Jun. 2026 (50.47). It may suggest that Elin Electronics accelerated paying its suppliers.


Elin Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Elin Electronics'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.

Elin Electronics Days Payable Chart

Elin Electronics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 43.14 48.81 53.89 48.29 51.09

Elin Electronics Quarterly Data
Mar21 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 55.67 63.25 81.59 57.27 50.47

NSE:ELIN vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Elin Electronics'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.


Elin Electronics Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Elin Electronics's Days Payable falls into.


NSE:ELIN
59GF Score
Elin Electronics Ltd NSE:ELIN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Elin Electronics 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.

Elin Electronics'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
=( (1298.26 + 1573.81) / 2 ) / 10259.15*365
=1436.035 / 10259.15*365
=51.09

Elin Electronics'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
=( (1573.81 + 0) / 1 ) / 2845.5*365 / 4
=1573.81 / 2845.5*365 / 4
=50.47

* 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 50.47 mean?
Elin Electronics (NSE:ELIN) has a Days Payable of 50.47 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 Elin Electronics and its competitors. This is near median its historical median of 48.29. Over the past decade, Elin Electronics' Days Payable has ranged from 41.94 to 56.65. According to the industry distribution chart, Elin Electronics ranks #1934 out of 3012 companies in the Industrial Products industry, placing it in the top 64.2%.
Is Elin Electronics' Days Payable too high?
Elin Electronics' current Days Payable of 50.47 is near median its 10-year median of 48.29. Over the past 10 years, this metric has ranged from a low of 41.94 to a high of 56.65. The Industrial Products industry median Days Payable is 78.58. Elin Electronics' value of 50.47 is 35.8% below this industry median. Based on the distribution chart, Elin Electronics ranks #1934 out of 3012 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Elin Electronics has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elin Electronics' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Elin Electronics ranks #1934 out of 3012 companies for Days Payable. This places Elin Electronics in the lower half of its industry. The industry median Days Payable is 78.58. Elin Electronics' value of 50.47 is 35.8% below this benchmark. Historically, Elin Electronics' own Days Payable has ranged from 41.94 to 56.65 over the past decade. While the company's 10-year median is 48.29 vs. the industry median of 78.58, Elin Electronics 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 78.58, based on 3,012 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. Elin Electronics's current Days Payable of 50.47 is 35.8% 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 Elin Electronics and its competitors. For the Industrial Products industry, the median Days Payable is 78.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elin Electronics's current Days Payable is 50.47, which is near median its own 10-year median of 48.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elin Electronics stock overvalued right now?
Based on GuruFocus' analysis, Elin Electronics (NSE:ELIN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹207.52, compared to a current price of ₹90.96 — trading 56.2% below its estimated fair value. The current Days Payable is 50.47, which is near median its 10-year median of 48.29 and 35.8% below the Industrial Products industry median of 78.58. Elin Electronics' overall GF Score™ is 59/100 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 Elin Electronics (NSE:ELIN), the current Days Payable is 50.47 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 Elin Electronics (NSE:ELIN) Overvalued in 2026?

Based on GuruFocus' analysis, Elin Electronics stock appears to be undervalued. The current stock price of ₹90.96 is trading 56.2% below its estimated GF Value™ of ₹207.52. GuruFocus considers Elin Electronics to be Significantly Undervalued.

Key valuation signals for NSE:ELIN:

  • Days Payable: 50.47 (near median its 10-year median of 48.29)
  • GF Value™: ₹207.52 vs. price of ₹90.96 (56.2% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 35.8% below the Industrial Products median (#1934 of 3012)

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


Elin Electronics Business Description

Other Exchanges 543725:India
Address 4771, Bharat Ram Road, 23, Daryaganj, New Delhi, IND, 110002
Elin Electronics Ltd is an electronics manufacturing services provider. It is a manufacturer of end-to-end product solutions for brands of lighting, fans, and small/ kitchen appliances in India. The company's diversified product portfolio includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets; small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener; fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and other miscellaneous products.
59GF Score

Get the complete analysis for NSE:ELIN

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

₹90.96
Price
₹207.52
GF Value