NTPCNSE:NTPC +0.15%87 Days Payable is 46.55 as of Mar. 2026, which is 13% above its 10-year median of 41.20. GuruFocus rates NSE:NTPC with a GF Score™ of 87/100 and a GF Value™ of ₹350.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 481 Utilities - Regulated companies, NTPC ranks worse than 75.05% on this metric.
NTPC's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹117,871 Mil. NTPC's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹231,062 Mil.
Hence, NTPC's Days Payable for the
three
months ended in Mar. 2026 was 46.55.
The historical rank and industry rank for NTPC's Days Payable or its related term are showing as below:
NSE:NTPC'
s Days Payable Range Over the Past 10 Years
Min: 37.09 Med: 41.2 Max: 52.6
Current: 41.09
During the past 13 years, NTPC's highest Days Payable was 52.60. The lowest was 37.09. And the median was 41.20.
NSE:NTPC's Days Payable is ranked worse than 75.05% of 481
companies
in the Utilities - Regulated industry
Industry Median: 70.35
vs NSE:NTPC: 41.09
NTPC's Days Payable
increased
from Mar. 2025 (38.45) to Mar. 2026 (46.55).
It may suggest that NTPCdelayed paying its suppliers.
NTPC Days Payable Related Terms
NTPC Days Payable Historical Data
* Premium members only.
The historical data trend for NTPC'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.
For the Utilities - Regulated Electric subindustry, NTPC'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.
NTPC Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, NTPC's Days Payable distribution charts can be found below:
* The bar in red indicates where NTPC'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.
NTPC'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.
NTPC (NSE:NTPC) has a Days Payable of 46.55 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 NTPC and its competitors. This is 13% above median its historical median of 41.20. Over the past decade, NTPC's Days Payable has ranged from 37.09 to 52.60. According to the industry distribution chart, NTPC ranks #361 out of 481 companies in the Utilities - Regulated industry, placing it in the top 75.1%.
Is NTPC's Days Payable too high?
NTPC's current Days Payable of 46.55 is 13% above median its 10-year median of 41.20. Over the past 10 years, this metric has ranged from a low of 37.09 to a high of 52.60. The Utilities - Regulated industry median Days Payable is 70.35. NTPC's value of 46.55 is 33.8% below this industry median. Based on the distribution chart, NTPC ranks #361 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, NTPC has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NTPC's Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, NTPC ranks #361 out of 481 companies for Days Payable. This places NTPC in the lower half of its industry. The industry median Days Payable is 70.35. NTPC's value of 46.55 is 33.8% below this benchmark. Historically, NTPC's own Days Payable has ranged from 37.09 to 52.60 over the past decade. While the company's 10-year median is 41.20 vs. the industry median of 70.35, NTPC 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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. NTPC's current Days Payable of 46.55 is 33.8% 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 NTPC and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTPC's current Days Payable is 46.55, which is 13% above median its own 10-year median of 41.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTPC stock overvalued right now?
Based on GuruFocus' analysis, NTPC (NSE:NTPC) is currently considered Fairly Valued. The stock's GF Value™ is ₹350.42, compared to a current price of ₹356.65 — trading 1.8% above its estimated fair value. The current Days Payable is 46.55, which is 13% above median its 10-year median of 41.20 and 33.8% below the Utilities - Regulated industry median of 70.35. NTPC's overall GF Score™ is 87/100 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 NTPC (NSE:NTPC), the current Days Payable is 46.55 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 NTPC (NSE:NTPC) Overvalued in 2026?
Based on GuruFocus' analysis, NTPC stock appears to be overvalued.
The current stock price of ₹356.65 is trading 1.8% above its estimated GF Value™ of ₹350.42.
GuruFocus considers NTPC to be Fairly Valued.
Key valuation signals for NSE:NTPC:
Days Payable: 46.55 (13% above median its 10-year median of 41.20)
GF Value™: ₹350.42 vs. price of ₹356.65 (1.8% above fair value)
Industry Position: 33.8% below the Utilities - Regulated median (#361 of 481)
No single metric tells the full story. See the NSE:NTPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTPC Ltd is an Indian state-owned electric utility company. It is the power producer in India and supplies a amount of the nation's total needs. The company generates revenue through the sale of electricity to state-owned Indian power distribution companies from its stations throughout the country. NTPC also brings in a amount of revenue through its consultancy wing, which provides project management and supervision, energy trading, oil and gas exploration and coal mining. While the vast majority of its facilities use coal and gas fuel sources, NTPC has also increased its capacity through renewable energy sources, such as hydroelectric, solar, and thermal power, and plans to continue this trend going forward.
87GF Score
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