Jainik Power Cables (NSE:JAINIK) Days Payable: 19.77 (As of Sep. 2025) — 49% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:JAINIK Jainik Power Cables Ltd NSE:JAINIK
18 GF Score
Price ₹210.10
! 5 Warning Signs
View Full Analysis

What is Jainik Power Cables Days Payable?

Jainik Power Cables NSE:JAINIK +10.00% 18 Days Payable is 19.77 as of Sep. 2025, which is 49% below its 10-year median of 38.80. GuruFocus rates NSE:JAINIK with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,065 Metals & Mining companies, Jainik Power Cables ranks worse than 93.62% on this metric.

Jainik Power Cables's average Accounts Payable for the six months ended in Sep. 2025 was ₹187 Mil. Jainik Power Cables's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹1,727 Mil. Hence, Jainik Power Cables's Days Payable for the six months ended in Sep. 2025 was 19.77.

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

NSE:JAINIK' s Days Payable Range Over the Past 10 Years
Min: 14.2   Med: 38.8   Max: 73.78
Current: 16.56

During the past 4 years, Jainik Power Cables's highest Days Payable was 73.78. The lowest was 14.20. And the median was 38.80.

NSE:JAINIK's Days Payable is ranked worse than
93.62% of 1065 companies
in the Metals & Mining industry
Industry Median: 124.95 vs NSE:JAINIK: 16.56

Jainik Power Cables's Days Payable increased from Sep. 2024 (11.68) to Sep. 2025 (19.77). It may suggest that Jainik Power Cables delayed paying its suppliers.


Jainik Power Cables Days Payable Historical Data

* Premium members only.

The historical data trend for Jainik Power Cables'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.

Jainik Power Cables Days Payable Chart

Jainik Power Cables Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Days Payable
59.11 73.78 14.20 18.48

Jainik Power Cables Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Days Payable Get a 7-Day Free Trial 0.00 0.00 11.68 17.90 19.77

NSE:JAINIK vs AA: Days Payable Comparison

For the Aluminum subindustry, Jainik Power Cables'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.


Jainik Power Cables Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jainik Power Cables's Days Payable distribution charts can be found below:

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


NSE:JAINIK
18GF Score
Jainik Power Cables Ltd NSE:JAINIK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jainik Power Cables 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.

Jainik Power Cables'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
=( (89.579 + 246.955) / 2 ) / 3323.215*365
=168.267 / 3323.215*365
=18.48

Jainik Power Cables's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (246.955 + 127.269) / 2 ) / 1726.842*365 / 2
=187.112 / 1726.842*365 / 2
=19.77

* 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 19.77 mean?
Jainik Power Cables (NSE:JAINIK) has a Days Payable of 19.77 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Jainik Power Cables and its competitors. This is 49% below median its historical median of 38.80. Over the past decade, Jainik Power Cables' Days Payable has ranged from 14.20 to 73.78. According to the industry distribution chart, Jainik Power Cables ranks #997 out of 1065 companies in the Metals & Mining industry, placing it in the top 93.6%.
Is Jainik Power Cables' Days Payable too high?
Jainik Power Cables' current Days Payable of 19.77 is 49% below median its 10-year median of 38.80. Over the past 10 years, this metric has ranged from a low of 14.20 to a high of 73.78. The Metals & Mining industry median Days Payable is 124.95. Jainik Power Cables' value of 19.77 is 84.2% below this industry median. Based on the distribution chart, Jainik Power Cables ranks #997 out of 1065 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Jainik Power Cables has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Jainik Power Cables' Days Payable compare to AA?
According to the Metals & Mining industry distribution chart, Jainik Power Cables ranks #997 out of 1065 companies for Days Payable. This places Jainik Power Cables in the lower half of its industry. The industry median Days Payable is 124.95. Jainik Power Cables' value of 19.77 is 84.2% below this benchmark. Historically, Jainik Power Cables' own Days Payable has ranged from 14.20 to 73.78 over the past decade. While the company's 10-year median is 38.80 vs. the industry median of 124.95, Jainik Power Cables 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 124.95, based on 1,065 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. Jainik Power Cables's current Days Payable of 19.77 is 84.2% 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 Jainik Power Cables and its competitors. For the Metals & Mining industry, the median Days Payable is 124.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jainik Power Cables's current Days Payable is 19.77, which is 49% below median its own 10-year median of 38.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jainik Power Cables stock overvalued right now?
Jainik Power Cables (NSE:JAINIK) has a current Days Payable of 19.77. The current Days Payable is 19.77, which is 49% below median its 10-year median of 38.80 and 84.2% below the Metals & Mining industry median of 124.95. Jainik Power Cables' overall GF Score™ is 18/100 with 5 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 Jainik Power Cables (NSE:JAINIK), the current Days Payable is 19.77 as of Sep. 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.

Jainik Power Cables Business Description

Address Wazirpur Industrial Area, 39/101A, 1st Floor, Community Centre, Wazir PurIII, North West Delhi, Delhi, IND, 110052
Jainik Power Cables Ltd is engaged in manufacturing aluminum wire rods.
18GF Score

Get the complete analysis for NSE:JAINIK

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

₹210.10
Price