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Marine Electricals (India)NSE:MARINE +8.18%86 Days Payable is 92.42 as of Mar. 2026, which is 31% below its 10-year median of 134.84. GuruFocus rates NSE:MARINE with a GF Score™ of 86/100 and a GF Value™ of ₹199.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Marine Electricals (India) ranks better than 61.21% on this metric.
The historical rank and industry rank for Marine Electricals (India)'s Days Payable or its related term are showing as below:
NSE:MARINE'
s Days Payable Range Over the Past 10 Years
Min: 93.56 Med: 134.84 Max: 242.59
Current: 101.63
During the past 13 years, Marine Electricals (India)'s highest Days Payable was 242.59. The lowest was 93.56. And the median was 134.84.
NSE:MARINE's Days Payable is ranked better than 61.21% of 2993
companies
in the Industrial Products industry
Industry Median: 78.04
vs NSE:MARINE: 101.63
* 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.
For the Electrical Equipment & Parts subindustry, Marine Electricals (India)'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.
Marine Electricals (India) Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Marine Electricals (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Marine Electricals (India)'s Days Payable falls into.
Marine Electricals (India) 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.
* 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.
Marine Electricals (India) (NSE:MARINE) has a Days Payable of 92.42 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 Marine Electricals (India) and its competitors. This is 31% below median its historical median of 134.84. Over the past decade, Marine Electricals (India)'s Days Payable has ranged from 93.56 to 242.59. According to the industry distribution chart, Marine Electricals (India) ranks #1161 out of 2993 companies in the Industrial Products industry, placing it in the top 38.8%.
Is Marine Electricals (India)'s Days Payable too high?
Marine Electricals (India)'s current Days Payable of 92.42 is 31% below median its 10-year median of 134.84. Over the past 10 years, this metric has ranged from a low of 93.56 to a high of 242.59. The Industrial Products industry median Days Payable is 78.04. Marine Electricals (India)'s value of 92.42 is 18.4% above this industry median. Based on the distribution chart, Marine Electricals (India) ranks #1161 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Marine Electricals (India) has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine Electricals (India)'s Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Marine Electricals (India) ranks #1161 out of 2993 companies for Days Payable. This puts Marine Electricals (India) in the upper half of its industry. The industry median Days Payable is 78.04. Marine Electricals (India)'s value of 92.42 is 18.4% above this benchmark. Historically, Marine Electricals (India)'s own Days Payable has ranged from 93.56 to 242.59 over the past decade. While the company's 10-year median is 134.84 vs. the industry median of 78.04, Marine Electricals (India) 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 78.04, based on 2,993 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. Marine Electricals (India)'s current Days Payable of 92.42 is 18.4% 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 Marine Electricals (India) and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marine Electricals (India)'s current Days Payable is 92.42, which is 31% below median its own 10-year median of 134.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine Electricals (India) stock overvalued right now?
Based on GuruFocus' analysis, Marine Electricals (India) (NSE:MARINE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹199.17, compared to a current price of ₹300.60 — trading 50.9% above its estimated fair value. The current Days Payable is 92.42, which is 31% below median its 10-year median of 134.84 and 18.4% above the Industrial Products industry median of 78.04. Marine Electricals (India)'s overall GF Score™ is 86/100 with 4 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 Marine Electricals (India) (NSE:MARINE), the current Days Payable is 92.42 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 Marine Electricals (India) (NSE:MARINE) Overvalued in 2026?
Based on GuruFocus' analysis, Marine Electricals (India) stock appears to be overvalued.
The current stock price of ₹300.60 is trading 50.9% above its estimated GF Value™ of ₹199.17.
GuruFocus considers Marine Electricals (India) to be Significantly Overvalued.
Key valuation signals for NSE:MARINE:
Days Payable: 92.42 (31% below median its 10-year median of 134.84)
GF Value™: ₹199.17 vs. price of ₹300.60 (50.9% above fair value)
Industry Position: 18.4% above the Industrial Products median (#1161 of 2993)
No single metric tells the full story. See the NSE:MARINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marine Electricals (India) Ltd is engaged in providing integrated electrical and automation solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears, marine motors, control-gears, monitoring and control systems, etc., and is also engaged in the renewable energy sector, specifically solar. The company also provides services like designing, fabricating, etc., for all types of electrical and electronic installations and undertakes annual maintenance contracts. Its segments are: Marine and Industry. The Industry segment, which generates maximum revenue, provides products and services of power distribution and solutions for industries like data centres, industrial, and large buildings.
86GF Score
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