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IC Electricals CoNSE:ICELCO +1.35%17 Days Payable is 125.90 as of Mar. 2026, which is 33% below its 10-year median of 188.31. GuruFocus rates NSE:ICELCO with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 975 Transportation companies, IC Electricals Co ranks better than 85.54% on this metric.
The historical rank and industry rank for IC Electricals Co's Days Payable or its related term are showing as below:
NSE:ICELCO'
s Days Payable Range Over the Past 10 Years
Min: 125.9 Med: 188.31 Max: 221.31
Current: 125.9
During the past 4 years, IC Electricals Co's highest Days Payable was 221.31. The lowest was 125.90. And the median was 188.31.
NSE:ICELCO's Days Payable is ranked better than 85.54% of 975
companies
in the Transportation industry
Industry Median: 38.16
vs NSE:ICELCO: 125.90
IC Electricals Co's Days Payable
declined
from Mar. 2024 (221.31) to Mar. 2026 (125.90).
It may suggest that IC Electricals Coaccelerated paying its suppliers.
The historical data trend for IC Electricals Co'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.
IC Electricals Co Days Payable Chart
IC Electricals Co Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Days Payable
209.45
221.31
167.16
125.90
IC Electricals Co Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Days Payable
209.45
221.31
167.16
125.90
NSE:ICELCO vs UNP, CSX, NSC: Days Payable Comparison
For the Railroads subindustry, IC Electricals Co'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.
IC Electricals Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, IC Electricals Co's Days Payable distribution charts can be found below:
* The bar in red indicates where IC Electricals Co's Days Payable falls into.
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.
IC Electricals Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
IC Electricals Co (NSE:ICELCO) has a Days Payable of 125.90 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 IC Electricals Co and its competitors. This is 33% below median its historical median of 188.31. Over the past decade, IC Electricals Co's Days Payable has ranged from 125.90 to 221.31. According to the industry distribution chart, IC Electricals Co ranks #141 out of 975 companies in the Transportation industry, placing it in the top 14.5%.
Is IC Electricals Co's Days Payable too high?
IC Electricals Co's current Days Payable of 125.90 is 33% below median its 10-year median of 188.31. Over the past 10 years, this metric has ranged from a low of 125.90 to a high of 221.31. The Transportation industry median Days Payable is 38.16. IC Electricals Co's value of 125.90 is 229.9% above this industry median. Based on the distribution chart, IC Electricals Co ranks #141 out of 975 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, IC Electricals Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does IC Electricals Co's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, IC Electricals Co ranks #141 out of 975 companies for Days Payable. This places IC Electricals Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.16. IC Electricals Co's value of 125.90 is 229.9% above this benchmark. Historically, IC Electricals Co's own Days Payable has ranged from 125.90 to 221.31 over the past decade. While the company's 10-year median is 188.31 vs. the industry median of 38.16, IC Electricals Co 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 Transportation company?
The median Days Payable among Transportation companies is 38.16, based on 975 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. IC Electricals Co's current Days Payable of 125.90 is 229.9% 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 IC Electricals Co and its competitors. For the Transportation industry, the median Days Payable is 38.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IC Electricals Co's current Days Payable is 125.90, which is 33% below median its own 10-year median of 188.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Electricals Co stock overvalued right now?
IC Electricals Co (NSE:ICELCO) has a current Days Payable of 125.90. The current Days Payable is 125.90, which is 33% below median its 10-year median of 188.31 and 229.9% above the Transportation industry median of 38.16. IC Electricals Co's overall GF Score™ is 17/100 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 IC Electricals Co (NSE:ICELCO), the current Days Payable is 125.90 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.
IC Electricals Co Ltd is engaged in the business of manufacturing of electronic equipment for Railways Application. Its offerings include various electronic products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, compliant with the latest technical standards. Additionally, the company also manufactures railway components, including alternators, traction motors, and permanent magnet alternators with controllers. The majority of its revenue is derived from the sale of electronic products to government departments and ministries such as Ministry of Railways.
17GF Score
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