Gensol Engineering (NSE:GENSOL) Days Payable: 60.94 (As of Dec. 2024)

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NSE:GENSOL Gensol Engineering Ltd NSE:GENSOL
65 GF Score
Price ₹19.31
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What is Gensol Engineering Days Payable?

Gensol Engineering NSE:GENSOL 65 Days Payable is 60.94 as of Dec. 2024. GuruFocus rates NSE:GENSOL with a GF Score™ of 65/100.

Gensol Engineering's average Accounts Payable for the three months ended in Dec. 2024 was ₹1,678 Mil. Gensol Engineering's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,513 Mil. Hence, Gensol Engineering's Days Payable for the three months ended in Dec. 2024 was 60.94.

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

NSE:GENSOL's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

Gensol Engineering's Days Payable increased from Dec. 2023 (33.04) to Dec. 2024 (60.94). It may suggest that Gensol Engineering delayed paying its suppliers.

Gensol Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Gensol Engineering'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.

Gensol Engineering Days Payable Chart

Gensol Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 61.69 70.64 28.96 29.65 34.05

Gensol Engineering Quarterly Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 33.04 76.63 44.57 78.76 60.94

NSE:GENSOL vs FSLR, NXT, RUN: Days Payable Comparison

For the Solar subindustry, Gensol Engineering'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.

Gensol Engineering Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Gensol Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Gensol Engineering's Days Payable falls into.


NSE:GENSOL
65GF Score
Gensol Engineering Ltd NSE:GENSOL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gensol Engineering 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.

Gensol Engineering's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (333.8 + 873) / 2 ) / 6467.4*365
=603.4 / 6467.4*365
=34.05

Gensol Engineering's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1678.1 + 0) / 1 ) / 2512.8*365 / 4
=1678.1 / 2512.8*365 / 4
=60.94

* 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 60.94 mean?
Gensol Engineering (NSE:GENSOL) has a Days Payable of 60.94 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gensol Engineering and its competitors.
Is Gensol Engineering's Days Payable too high?
Gensol Engineering's current Days Payable is 60.94. The Semiconductors industry median Days Payable is 53.06. Gensol Engineering's value of 60.94 is 14.9% above this industry median. Overall, Gensol Engineering has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Gensol Engineering's Days Payable compare to FSLR and NXT?
Gensol Engineering's Days Payable of 60.94 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. Gensol Engineering's value of 60.94 is 14.9% above this benchmark. 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Gensol Engineering's current Days Payable of 60.94 is 14.9% 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 Gensol Engineering and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gensol Engineering's current Days Payable is 60.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gensol Engineering stock overvalued right now?
Gensol Engineering (NSE:GENSOL) has a current Days Payable of 60.94. The current Days Payable is 60.94 and 14.9% above the Semiconductors industry median of 53.06. Gensol Engineering's overall GF Score™ is 65/100. 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 Gensol Engineering (NSE:GENSOL), the current Days Payable is 60.94 as of Dec. 2024. 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.

Gensol Engineering Business Description

Address S G Road, Block - A, 15th Floor, Westgate Business Bay, Jivraj Park, Makarba, Ahmedabad, GJ, IND, 380051
Gensol Engineering Ltd is a renewable energy solutions provider focused on end-to-end solar engineering, procurement, and construction projects. It is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across various countries, including India. The company has two operating segments namely Engineering, advisory & EPC of Solar Power Projects, and Leasing of cars. It generates the majority of its revenue from the Engineering, advisory & EPC of Solar Power Projects segment.
65GF Score

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

₹19.31
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