Felix Industries (NSE:FELIX) Days Payable: 45.27 (As of Mar. 2026) — 56% Below Median

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NSE:FELIX Felix Industries Ltd NSE:FELIX
84 GF Score
Price ₹178.95
GF Value ₹303.28
Valuation Possible Value Trap
! 5 Warning Signs
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What is Felix Industries Days Payable?

Felix Industries NSE:FELIX -0.03% 84 Days Payable is 45.27 as of Mar. 2026, which is 56% below its 10-year median of 102.40. GuruFocus rates NSE:FELIX with a GF Score™ of 84/100 and a GF Value™ of ₹303.28 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 230 Waste Management companies, Felix Industries ranks better than 77.39% on this metric.

Felix Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹76 Mil. Felix Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹152 Mil. Hence, Felix Industries's Days Payable for the three months ended in Mar. 2026 was 45.27.

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

NSE:FELIX' s Days Payable Range Over the Past 10 Years
Min: 68.22   Med: 102.4   Max: 450.69
Current: 222.94

During the past 13 years, Felix Industries's highest Days Payable was 450.69. The lowest was 68.22. And the median was 102.40.

NSE:FELIX's Days Payable is ranked better than
77.39% of 230 companies
in the Waste Management industry
Industry Median: 64.295 vs NSE:FELIX: 222.94

Felix Industries's Days Payable declined from Mar. 2025 (461.42) to Mar. 2026 (45.27). It may suggest that Felix Industries accelerated paying its suppliers.


Felix Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Felix 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.

Felix Industries Days Payable Chart

Felix 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 96.53 75.23 68.22 450.69 174.39

Felix Industries Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 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 461.42 240.88 1,777.48 434.85 45.27

NSE:FELIX vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Felix 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.


Felix Industries Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Felix Industries's Days Payable distribution charts can be found below:

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


NSE:FELIX
84GF Score
Felix Industries Ltd NSE:FELIX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Felix 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.

Felix 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
=( (213.322 + 75.528) / 2 ) / 302.28*365
=144.425 / 302.28*365
=174.39

Felix 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 + 75.528) / 1 ) / 152.248*365 / 4
=75.528 / 152.248*365 / 4
=45.27

* 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 45.27 mean?
Felix Industries (NSE:FELIX) has a Days Payable of 45.27 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 Felix Industries and its competitors. This is 56% below median its historical median of 102.40. Over the past decade, Felix Industries' Days Payable has ranged from 68.22 to 450.69. According to the industry distribution chart, Felix Industries ranks #52 out of 230 companies in the Waste Management industry, placing it in the top 22.6%.
Is Felix Industries' Days Payable too high?
Felix Industries' current Days Payable of 45.27 is 56% below median its 10-year median of 102.40. Over the past 10 years, this metric has ranged from a low of 68.22 to a high of 450.69. The Waste Management industry median Days Payable is 64.30. Felix Industries' value of 45.27 is 29.6% below this industry median. Based on the distribution chart, Felix Industries ranks #52 out of 230 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Felix Industries has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Felix Industries' Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Felix Industries ranks #52 out of 230 companies for Days Payable. This places Felix Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 64.30. Felix Industries' value of 45.27 is 29.6% below this benchmark. Historically, Felix Industries' own Days Payable has ranged from 68.22 to 450.69 over the past decade. While the company's 10-year median is 102.40 vs. the industry median of 64.30, Felix 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 a Waste Management company?
The median Days Payable among Waste Management companies is 64.30, based on 230 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. Felix Industries's current Days Payable of 45.27 is 29.6% 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 Felix Industries and its competitors. For the Waste Management industry, the median Days Payable is 64.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Felix Industries's current Days Payable is 45.27, which is 56% below median its own 10-year median of 102.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felix Industries stock overvalued right now?
Based on GuruFocus' analysis, Felix Industries (NSE:FELIX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹303.28, compared to a current price of ₹178.95 — trading 41% below its estimated fair value. The current Days Payable is 45.27, which is 56% below median its 10-year median of 102.40 and 29.6% below the Waste Management industry median of 64.30. Felix Industries' overall GF Score™ is 84/100 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 Felix Industries (NSE:FELIX), the current Days Payable is 45.27 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 Felix Industries (NSE:FELIX) Overvalued in 2026?

Based on GuruFocus' analysis, Felix Industries stock appears to be undervalued. The current stock price of ₹178.95 is trading 41% below its estimated GF Value™ of ₹303.28. GuruFocus considers Felix Industries to be Possible Value Trap.

Key valuation signals for NSE:FELIX:

  • Days Payable: 45.27 (56% below median its 10-year median of 102.40)
  • GF Value™: ₹303.28 vs. price of ₹178.95 (41% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 29.6% below the Waste Management median (#52 of 230)

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


Felix Industries Business Description

Address Piplaj Pirana Road, Plot No. 123, Devraj Industrial Park, Pirana, Ahmedabad, GJ, IND, 382405
Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling. The group operates in two different geographical territories, i.e., India and Oman. It generates the majority of its revenue within India.
84GF Score

Get the complete analysis for NSE:FELIX

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

₹178.95
Price
₹303.28
GF Value