Exide Industries (NSE:EXIDEIND) Days Payable: 103.58 (As of Mar. 2026) — 18% Above Median


NSE:EXIDEIND Exide Industries Ltd NSE:EXIDEIND
86 GF Score
Price ₹389.80
GF Value ₹388.08
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Exide Industries Days Payable?

Exide Industries NSE:EXIDEIND -2.43% 86 Days Payable is 103.58 as of Mar. 2026, which is 18% above its 10-year median of 87.64. GuruFocus rates NSE:EXIDEIND with a GF Score™ of 86/100 and a GF Value™ of ₹388.08 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Exide Industries ranks better than 70.02% on this metric.

Exide Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹36,762 Mil. Exide Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹32,385 Mil. Hence, Exide Industries's Days Payable for the three months ended in Mar. 2026 was 103.58.

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

NSE:EXIDEIND' s Days Payable Range Over the Past 10 Years
Min: 64.19   Med: 87.64   Max: 106.73
Current: 103.2

During the past 13 years, Exide Industries's highest Days Payable was 106.73. The lowest was 64.19. And the median was 87.64.

NSE:EXIDEIND's Days Payable is ranked better than
70.02% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 67.05 vs NSE:EXIDEIND: 103.20

Exide Industries's Days Payable declined from Mar. 2025 (103.95) to Mar. 2026 (103.58). It may suggest that Exide Industries accelerated paying its suppliers.


Exide Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Exide 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.

Exide Industries Days Payable Chart

Exide 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 87.33 64.19 71.92 93.57 103.29

Exide 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 103.95 96.27 101.85 107.87 103.58

NSE:EXIDEIND vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Exide 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.


Exide Industries Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Exide Industries's Days Payable distribution charts can be found below:

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


NSE:EXIDEIND
86GF Score
Exide Industries Ltd NSE:EXIDEIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exide 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.

Exide 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
=( (33449.6 + 36761.9) / 2 ) / 124055*365
=35105.75 / 124055*365
=103.29

Exide 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 + 36761.9) / 1 ) / 32384.6*365 / 4
=36761.9 / 32384.6*365 / 4
=103.58

* 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 103.58 mean?
Exide Industries (NSE:EXIDEIND) has a Days Payable of 103.58 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 Exide Industries and its competitors. This is 18% above median its historical median of 87.64. Over the past decade, Exide Industries' Days Payable has ranged from 64.19 to 106.73. According to the industry distribution chart, Exide Industries ranks #393 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 30%.
Is Exide Industries' Days Payable too high?
Exide Industries' current Days Payable of 103.58 is 18% above median its 10-year median of 87.64. Over the past 10 years, this metric has ranged from a low of 64.19 to a high of 106.73. The Vehicles & Parts industry median Days Payable is 67.05. Exide Industries' value of 103.58 is 54.5% above this industry median. Based on the distribution chart, Exide Industries ranks #393 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Exide 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 Exide Industries' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Exide Industries ranks #393 out of 1311 companies for Days Payable. This puts Exide Industries in the upper half of its industry. The industry median Days Payable is 67.05. Exide Industries' value of 103.58 is 54.5% above this benchmark. Historically, Exide Industries' own Days Payable has ranged from 64.19 to 106.73 over the past decade. While the company's 10-year median is 87.64 vs. the industry median of 67.05, Exide Industries 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.05, based on 1,311 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. Exide Industries's current Days Payable of 103.58 is 54.5% 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 Exide Industries and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exide Industries's current Days Payable is 103.58, which is 18% above median its own 10-year median of 87.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exide Industries stock overvalued right now?
Based on GuruFocus' analysis, Exide Industries (NSE:EXIDEIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹388.08, compared to a current price of ₹389.80 — trading 0.4% above its estimated fair value. The current Days Payable is 103.58, which is 18% above median its 10-year median of 87.64 and 54.5% above the Vehicles & Parts industry median of 67.05. Exide Industries' overall GF Score™ is 86/100 with 8 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 Exide Industries (NSE:EXIDEIND), the current Days Payable is 103.58 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 Exide Industries (NSE:EXIDEIND) Overvalued in 2026?

Based on GuruFocus' analysis, Exide Industries stock appears to be overvalued. The current stock price of ₹389.80 is trading 0.4% above its estimated GF Value™ of ₹388.08. GuruFocus considers Exide Industries to be Fairly Valued.

Key valuation signals for NSE:EXIDEIND:

  • Days Payable: 103.58 (18% above median its 10-year median of 87.64)
  • GF Value™: ₹388.08 vs. price of ₹389.80 (0.4% above fair value)
  • GF Score™: 86/100 with 8 warning signs
  • Industry Position: 54.5% above the Vehicles & Parts median (#393 of 1311)

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


Exide Industries Business Description

Other Exchanges 500086:India
Address 59E, Chowringhee Road, Exide House, Kolkata, WB, IND, 700 020
Exide Industries Ltd is mainly engaged in the manufacturing of Storage Batteries and allied products in India. The company's products are Four Wheeler Batteries, Three Wheeler Batteries, Two Wheeler Batteries, E-Rickshaw Batteries, INVERTER SYSTEMS, Inverter Batteries, Institutional UPS Batteries, GENSET BATTERIES, Exide's Solar Portfolio, INFRASTRUCTURE BATTERIES, Battery Energy Storage Solution, SUBMARINE BATTERIES, etc. The Company has identified two operating segments viz, Automotive and Industrial. The two operating segments have been aggregated as single operating segment of storage batteries and allied products. The The Company mainly operates in India and also generates majority of revenue from India followed by Overseas.
86GF Score

Get the complete analysis for NSE:EXIDEIND

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

₹389.80
Price
₹388.08
GF Value