HPL Electric & Power (NSE:HPL) Days Payable: 146.14 (As of Mar. 2026) — 21% Above Median


NSE:HPL HPL Electric & Power Ltd NSE:HPL
79 GF Score
Price ₹360.25
GF Value ₹466.26
Valuation Modestly Undervalued
! 3 Warning Signs
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What is HPL Electric & Power Days Payable?

HPL Electric & Power NSE:HPL +0.36% 79 Days Payable is 146.14 as of Mar. 2026, which is 21% above its 10-year median of 120.48. GuruFocus rates NSE:HPL with a GF Score™ of 79/100 and a GF Value™ of ₹466.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, HPL Electric & Power ranks better than 76.5% on this metric.

HPL Electric & Power's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,356 Mil. HPL Electric & Power's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,344 Mil. Hence, HPL Electric & Power's Days Payable for the three months ended in Mar. 2026 was 146.14.

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

NSE:HPL' s Days Payable Range Over the Past 10 Years
Min: 99.45   Med: 120.48   Max: 172.01
Current: 151.19

During the past 12 years, HPL Electric & Power's highest Days Payable was 172.01. The lowest was 99.45. And the median was 120.48.

NSE:HPL's Days Payable is ranked better than
76.5% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs NSE:HPL: 151.19

HPL Electric & Power's Days Payable increased from Mar. 2025 (121.66) to Mar. 2026 (146.14). It may suggest that HPL Electric & Power delayed paying its suppliers.


HPL Electric & Power Days Payable Historical Data

* Premium members only.

The historical data trend for HPL Electric & 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.

HPL Electric & Power Days Payable Chart

HPL Electric & Power 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 117.09 99.45 101.60 121.37 152.02

HPL Electric & Power 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 121.66 165.23 157.19 139.04 146.14

NSE:HPL vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, HPL Electric & 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.


HPL Electric & Power Days Payable vs Industrial Products Industry

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

* The bar in red indicates where HPL Electric & Power's Days Payable falls into.


NSE:HPL
79GF Score
HPL Electric & Power Ltd NSE:HPL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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HPL Electric & 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.

HPL Electric & Power'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
=( (4298.417 + 5355.841) / 2 ) / 11590.08*365
=4827.129 / 11590.08*365
=152.02

HPL Electric & Power'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 + 5355.841) / 1 ) / 3344.209*365 / 4
=5355.841 / 3344.209*365 / 4
=146.14

* 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 146.14 mean?
HPL Electric & Power (NSE:HPL) has a Days Payable of 146.14 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 HPL Electric & Power and its competitors. This is 21% above median its historical median of 120.48. Over the past decade, HPL Electric & Power's Days Payable has ranged from 99.45 to 172.01. According to the industry distribution chart, HPL Electric & Power ranks #703 out of 2991 companies in the Industrial Products industry, placing it in the top 23.5%.
Is HPL Electric & Power's Days Payable too high?
HPL Electric & Power's current Days Payable of 146.14 is 21% above median its 10-year median of 120.48. Over the past 10 years, this metric has ranged from a low of 99.45 to a high of 172.01. The Industrial Products industry median Days Payable is 78.08. HPL Electric & Power's value of 146.14 is 87.2% above this industry median. Based on the distribution chart, HPL Electric & Power ranks #703 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, HPL Electric & Power has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HPL Electric & Power's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, HPL Electric & Power ranks #703 out of 2991 companies for Days Payable. This places HPL Electric & Power in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.08. HPL Electric & Power's value of 146.14 is 87.2% above this benchmark. Historically, HPL Electric & Power's own Days Payable has ranged from 99.45 to 172.01 over the past decade. While the company's 10-year median is 120.48 vs. the industry median of 78.08, HPL Electric & Power 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. HPL Electric & Power's current Days Payable of 146.14 is 87.2% 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 HPL Electric & 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. HPL Electric & Power's current Days Payable is 146.14, which is 21% above median its own 10-year median of 120.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HPL Electric & Power stock overvalued right now?
Based on GuruFocus' analysis, HPL Electric & Power (NSE:HPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹466.26, compared to a current price of ₹360.25 — trading 22.7% below its estimated fair value. The current Days Payable is 146.14, which is 21% above median its 10-year median of 120.48 and 87.2% above the Industrial Products industry median of 78.08. HPL Electric & Power's overall GF Score™ is 79/100 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 HPL Electric & Power (NSE:HPL), the current Days Payable is 146.14 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 HPL Electric & Power (NSE:HPL) Overvalued in 2026?

Based on GuruFocus' analysis, HPL Electric & Power stock appears to be undervalued. The current stock price of ₹360.25 is trading 22.7% below its estimated GF Value™ of ₹466.26. GuruFocus considers HPL Electric & Power to be Modestly Undervalued.

Key valuation signals for NSE:HPL:

  • Days Payable: 146.14 (21% above median its 10-year median of 120.48)
  • GF Value™: ₹466.26 vs. price of ₹360.25 (22.7% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 87.2% above the Industrial Products median (#703 of 2991)

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


HPL Electric & Power Business Description

Other Exchanges 540136:India
Address 76-B, Phase-IV, HSIIDC Industrial Estate, Sector-57, Kundli, Sonipat, UP, IND, 131028
HPL Electric & Power Ltd is an Indian company engaged in manufacturing electric equipment across the key verticals: Metering, Switchgear, Lighting and Electronics, and Cables. The company operates in two segments: Metering, systems & services, and Consumer, Industrial & services. It derives key revenue from the Metering, Systems & Services segment. The product portfolio includes digital panel meters, smart Meters, Net Meters for Solar Rooftops, Prepaid Metering Solutions, Ebrit Digital Panel Meters, cordless chimes, and Trivector Meters. Geographically, the majority of its revenue is generated in India.
79GF Score

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

₹360.25
Price
₹466.26
GF Value