What is Mangal Electrical Industries Days Payable?
Mangal Electrical IndustriesNSE:MEIL +0.28%18 Days Payable is 26.28 as of Mar. 2026, which is 17% below its 10-year median of 31.62. GuruFocus rates NSE:MEIL with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,992 Industrial Products companies, Mangal Electrical Industries ranks worse than 83.59% on this metric.
* 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, Mangal Electrical Industries'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.
Mangal Electrical Industries Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Mangal Electrical Industries's Days Payable falls into.
Mangal Electrical Industries 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.
Mangal Electrical Industries (NSE:MEIL) has a Days Payable of 26.28 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 Mangal Electrical Industries and its competitors. This is 17% below median its historical median of 31.62. Over the past decade, Mangal Electrical Industries' Days Payable has ranged from 22.64 to 75.53. According to the industry distribution chart, Mangal Electrical Industries ranks #2501 out of 2992 companies in the Industrial Products industry, placing it in the top 83.6%.
Is Mangal Electrical Industries' Days Payable too high?
Mangal Electrical Industries' current Days Payable of 26.28 is 17% below median its 10-year median of 31.62. Over the past 10 years, this metric has ranged from a low of 22.64 to a high of 75.53. The Industrial Products industry median Days Payable is 78.08. Mangal Electrical Industries' value of 26.28 is 66.3% below this industry median. Based on the distribution chart, Mangal Electrical Industries ranks #2501 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mangal Electrical Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mangal Electrical Industries ranks #2501 out of 2992 companies for Days Payable. This places Mangal Electrical Industries in the lower half of its industry. The industry median Days Payable is 78.08. Mangal Electrical Industries' value of 26.28 is 66.3% below this benchmark. Historically, Mangal Electrical Industries' own Days Payable has ranged from 22.64 to 75.53 over the past decade. While the company's 10-year median is 31.62 vs. the industry median of 78.08, Mangal Electrical Industries 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. Mangal Electrical Industries's current Days Payable of 26.28 is 66.3% 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 Mangal Electrical Industries 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. Mangal Electrical Industries's current Days Payable is 26.28, which is 17% below median its own 10-year median of 31.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current Days Payable of 26.28. The current Days Payable is 26.28, which is 17% below median its 10-year median of 31.62 and 66.3% below the Industrial Products industry median of 78.08. Mangal Electrical Industries' overall GF Score™ is 18/100 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 Mangal Electrical Industries (NSE:MEIL), the current Days Payable is 26.28 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.
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
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