Goldstar Power (NSE:GOLDSTAR) Days Payable: 17.49 (As of Mar. 2025) — 42% Below Median


NSE:GOLDSTAR Goldstar Power Ltd NSE:GOLDSTAR
70 GF Score
Price ₹8.50
GF Value ₹10.87
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Goldstar Power Days Payable?

Goldstar Power NSE:GOLDSTAR +3.66% 70 Days Payable is 17.49 as of Mar. 2025, which is 42% below its 10-year median of 30.21. GuruFocus rates NSE:GOLDSTAR with a GF Score™ of 70/100 and a GF Value™ of ₹10.87 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,992 Industrial Products companies, Goldstar Power ranks worse than 95.79% on this metric.

Goldstar Power's average Accounts Payable for the six months ended in Mar. 2025 was ₹18.5 Mil. Goldstar Power's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹386.5 Mil. Hence, Goldstar Power's Days Payable for the six months ended in Mar. 2025 was 8.75.

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

NSE:GOLDSTAR' s Days Payable Range Over the Past 10 Years
Min: 2.81   Med: 30.21   Max: 70.51
Current: 17.49

During the past 13 years, Goldstar Power's highest Days Payable was 70.51. The lowest was 2.81. And the median was 30.21.

NSE:GOLDSTAR's Days Payable is ranked worse than
95.79% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs NSE:GOLDSTAR: 17.49

Goldstar Power's Days Payable increased from Mar. 2023 (10.58) to Mar. 2025 (17.49). It may suggest that Goldstar Power delayed paying its suppliers.


Goldstar Power Days Payable Historical Data

* Premium members only.

The historical data trend for Goldstar Power'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.

Goldstar Power Days Payable Chart

Goldstar Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.41 16.41 10.58 2.81 17.49

Goldstar Power Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.41 16.41 10.58 2.81 17.49

NSE:GOLDSTAR vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Goldstar Power'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.


Goldstar Power Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Goldstar Power's Days Payable falls into.


NSE:GOLDSTAR
70GF Score
Goldstar Power Ltd NSE:GOLDSTAR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldstar Power 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.

Goldstar Power's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1.339 + 35.71) / 2 ) / 386.515*365
=18.5245 / 386.515*365
=17.49

Goldstar Power's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1.339 + 35.71) / 2 ) / 386.515*365 / 2
=18.5245 / 386.515*365 / 2
=8.75

* 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 17.49 mean?
Goldstar Power (NSE:GOLDSTAR) has a Days Payable of 17.49 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Goldstar Power and its competitors. This is 42% below median its historical median of 30.21. Over the past decade, Goldstar Power's Days Payable has ranged from 2.81 to 70.51. According to the industry distribution chart, Goldstar Power ranks #2866 out of 2992 companies in the Industrial Products industry, placing it in the top 95.8%.
Is Goldstar Power's Days Payable too high?
Goldstar Power's current Days Payable of 17.49 is 42% below median its 10-year median of 30.21. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 70.51. The Industrial Products industry median Days Payable is 78.08. Goldstar Power's value of 17.49 is 77.6% below this industry median. Based on the distribution chart, Goldstar Power ranks #2866 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Goldstar Power has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldstar Power's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Goldstar Power ranks #2866 out of 2992 companies for Days Payable. This places Goldstar Power in the lower half of its industry. The industry median Days Payable is 78.08. Goldstar Power's value of 17.49 is 77.6% below this benchmark. Historically, Goldstar Power's own Days Payable has ranged from 2.81 to 70.51 over the past decade. While the company's 10-year median is 30.21 vs. the industry median of 78.08, Goldstar Power 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. Goldstar Power's current Days Payable of 17.49 is 77.6% 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 Goldstar Power 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. Goldstar Power's current Days Payable is 17.49, which is 42% below median its own 10-year median of 30.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldstar Power stock overvalued right now?
Based on GuruFocus' analysis, Goldstar Power (NSE:GOLDSTAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10.87, compared to a current price of ₹8.50 — trading 21.8% below its estimated fair value. The current Days Payable is 17.49, which is 42% below median its 10-year median of 30.21 and 77.6% below the Industrial Products industry median of 78.08. Goldstar Power's overall GF Score™ is 70/100 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 Goldstar Power (NSE:GOLDSTAR), the current Days Payable is 17.49 as of Mar. 2025. 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 Goldstar Power (NSE:GOLDSTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Goldstar Power stock appears to be undervalued. The current stock price of ₹8.50 is trading 21.8% below its estimated GF Value™ of ₹10.87. GuruFocus considers Goldstar Power to be Modestly Undervalued.

Key valuation signals for NSE:GOLDSTAR:

  • Days Payable: 17.49 (42% below median its 10-year median of 30.21)
  • GF Value™: ₹10.87 vs. price of ₹8.50 (21.8% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 77.6% below the Industrial Products median (#2866 of 2992)

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


Goldstar Power Business Description

Address Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120
Goldstar Power Ltd is a battery manufacturing company. It sells its products under the brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor, and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead, and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy, and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from the Manufacturing of Battery, Lead Alloy segment.
70GF Score

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

₹8.50
Price
₹10.87
GF Value