Indian Energy Exchange (NSE:IEX) Days Payable: 36.20 (As of Mar. 2026) — 98% Below Median


NSE:IEX Indian Energy Exchange Ltd NSE:IEX
76 GF Score
Price ₹123.94
GF Value ₹211.52
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Indian Energy Exchange Days Payable?

Indian Energy Exchange NSE:IEX +0.36% 76 Days Payable is 36.20 as of Mar. 2026, which is 98% below its 10-year median of 1,976.54. GuruFocus rates NSE:IEX with a GF Score™ of 76/100 and a GF Value™ of ₹211.52 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 541 Capital Markets companies, Indian Energy Exchange ranks worse than 59.89% on this metric.

Indian Energy Exchange's average Accounts Payable for the three months ended in Mar. 2026 was ₹47 Mil. Indian Energy Exchange's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹118 Mil. Hence, Indian Energy Exchange's Days Payable for the three months ended in Mar. 2026 was 36.20.

The historical rank and industry rank for Indian Energy Exchange's Days Payable or its related term are showing as below:

NSE:IEX' s Days Payable Range Over the Past 10 Years
Min: 24.05   Med: 1976.54   Max: 6399.78
Current: 47.87

During the past 13 years, Indian Energy Exchange's highest Days Payable was 6399.78. The lowest was 24.05. And the median was 1976.54.

NSE:IEX's Days Payable is ranked worse than
59.89% of 541 companies
in the Capital Markets industry
Industry Median: 91.67 vs NSE:IEX: 47.87

Indian Energy Exchange's Days Payable increased from Mar. 2025 (27.91) to Mar. 2026 (36.20). It may suggest that Indian Energy Exchange delayed paying its suppliers.


Indian Energy Exchange Days Payable Historical Data

* Premium members only.

The historical data trend for Indian Energy Exchange'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.

Indian Energy Exchange Days Payable Chart

Indian Energy Exchange 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 4,066.48 6,399.78 2,201.33 24.05 30.48

Indian Energy Exchange 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 27.91 25.94 85.50 77.62 36.20

NSE:IEX vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Indian Energy Exchange'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.


Indian Energy Exchange Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Indian Energy Exchange's Days Payable distribution charts can be found below:

* The bar in red indicates where Indian Energy Exchange's Days Payable falls into.


NSE:IEX
76GF Score
Indian Energy Exchange Ltd NSE:IEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Energy Exchange 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.

Indian Energy Exchange'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
=( (34.954 + 46.877) / 2 ) / 489.991*365
=40.9155 / 489.991*365
=30.48

Indian Energy Exchange'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 + 46.877) / 1 ) / 118.173*365 / 4
=46.877 / 118.173*365 / 4
=36.20

* 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 36.20 mean?
Indian Energy Exchange (NSE:IEX) has a Days Payable of 36.20 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 Indian Energy Exchange and its competitors. This is 98% below median its historical median of 1,976.54. Over the past decade, Indian Energy Exchange's Days Payable has ranged from 24.05 to 6,399.78. According to the industry distribution chart, Indian Energy Exchange ranks #324 out of 541 companies in the Capital Markets industry, placing it in the top 59.9%.
Is Indian Energy Exchange's Days Payable too high?
Indian Energy Exchange's current Days Payable of 36.20 is 98% below median its 10-year median of 1,976.54. Over the past 10 years, this metric has ranged from a low of 24.05 to a high of 6,399.78. The Capital Markets industry median Days Payable is 91.67. Indian Energy Exchange's value of 36.20 is 60.5% below this industry median. Based on the distribution chart, Indian Energy Exchange ranks #324 out of 541 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Indian Energy Exchange has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Energy Exchange's Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Indian Energy Exchange ranks #324 out of 541 companies for Days Payable. This places Indian Energy Exchange in the lower half of its industry. The industry median Days Payable is 91.67. Indian Energy Exchange's value of 36.20 is 60.5% below this benchmark. Historically, Indian Energy Exchange's own Days Payable has ranged from 24.05 to 6,399.78 over the past decade. While the company's 10-year median is 1,976.54 vs. the industry median of 91.67, Indian Energy Exchange 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.67, based on 541 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. Indian Energy Exchange's current Days Payable of 36.20 is 60.5% 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 Indian Energy Exchange and its competitors. For the Capital Markets industry, the median Days Payable is 91.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Energy Exchange's current Days Payable is 36.20, which is 98% below median its own 10-year median of 1,976.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Energy Exchange stock overvalued right now?
Based on GuruFocus' analysis, Indian Energy Exchange (NSE:IEX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹211.52, compared to a current price of ₹123.94 — trading 41.4% below its estimated fair value. The current Days Payable is 36.20, which is 98% below median its 10-year median of 1,976.54 and 60.5% below the Capital Markets industry median of 91.67. Indian Energy Exchange's overall GF Score™ is 76/100 with 1 warning sign 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 Indian Energy Exchange (NSE:IEX), the current Days Payable is 36.20 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 Indian Energy Exchange (NSE:IEX) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Energy Exchange stock appears to be undervalued. The current stock price of ₹123.94 is trading 41.4% below its estimated GF Value™ of ₹211.52. GuruFocus considers Indian Energy Exchange to be Significantly Undervalued.

Key valuation signals for NSE:IEX:

  • Days Payable: 36.20 (98% below median its 10-year median of 1,976.54)
  • GF Value™: ₹211.52 vs. price of ₹123.94 (41.4% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 60.5% below the Capital Markets median (#324 of 541)

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


Indian Energy Exchange Business Description

Other Exchanges 540750:India
Address Sector 16B, 9th Floor, Max Towers, Plot No. C-001/A/1, Gautam Buddha Nagar, Noida, UP, IND, 201301
Indian Energy Exchange Ltd is an India-based power trading platform provider. It is a power exchange for spot trading in power/electricity, trading of Renewable Energy Certificates (REC), and Energy Saving Certificates (ESCerts). The main activity of the company is to provide an automated platform and infrastructure for carrying out trading in electricity units for the physical delivery of electricity.
76GF Score

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

₹123.94
Price
₹211.52
GF Value