Olectra Greentech (NSE:OLECTRA) Days Payable: 141.03 (As of Mar. 2026) — 12% Below Median


NSE:OLECTRA Olectra Greentech Ltd NSE:OLECTRA
87 GF Score
Price ₹1,423.60
GF Value ₹2,317.85
Valuation Possible Value Trap
! 3 Warning Signs
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What is Olectra Greentech Days Payable?

Olectra Greentech NSE:OLECTRA +1.98% 87 Days Payable is 141.03 as of Mar. 2026, which is 12% below its 10-year median of 161.04. GuruFocus rates NSE:OLECTRA with a GF Score™ of 87/100 and a GF Value™ of ₹2,317.85 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Olectra Greentech ranks better than 74.16% on this metric.

Olectra Greentech's average Accounts Payable for the three months ended in Mar. 2026 was ₹7,348 Mil. Olectra Greentech's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,755 Mil. Hence, Olectra Greentech's Days Payable for the three months ended in Mar. 2026 was 141.03.

The historical rank and industry rank for Olectra Greentech's Days Payable or its related term are showing as below:

NSE:OLECTRA' s Days Payable Range Over the Past 10 Years
Min: 66.21   Med: 161.04   Max: 433.74
Current: 143.69

During the past 13 years, Olectra Greentech's highest Days Payable was 433.74. The lowest was 66.21. And the median was 161.04.

NSE:OLECTRA's Days Payable is ranked better than
74.16% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13 vs NSE:OLECTRA: 143.69

Olectra Greentech's Days Payable declined from Mar. 2025 (181.14) to Mar. 2026 (141.03). It may suggest that Olectra Greentech accelerated paying its suppliers.


Olectra Greentech Days Payable Historical Data

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The historical data trend for Olectra Greentech'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.

Olectra Greentech Days Payable Chart

Olectra Greentech 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 170.07 152.01 173.33 143.64 145.73

Olectra Greentech 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 181.14 248.90 119.72 117.02 141.03

NSE:OLECTRA vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.


Olectra Greentech Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's Days Payable distribution charts can be found below:

* The bar in red indicates where Olectra Greentech's Days Payable falls into.


NSE:OLECTRA
87GF Score
Olectra Greentech Ltd NSE:OLECTRA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Olectra Greentech 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.

Olectra Greentech'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
=( (6663.847 + 7348.218) / 2 ) / 17547.911*365
=7006.0325 / 17547.911*365
=145.73

Olectra Greentech'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 + 7348.218) / 1 ) / 4754.52*365 / 4
=7348.218 / 4754.52*365 / 4
=141.03

* 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 141.03 mean?
Olectra Greentech (NSE:OLECTRA) has a Days Payable of 141.03 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 Olectra Greentech and its competitors. This is 12% below median its historical median of 161.04. Over the past decade, Olectra Greentech's Days Payable has ranged from 66.21 to 433.74. According to the industry distribution chart, Olectra Greentech ranks #54 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 25.8%.
Is Olectra Greentech's Days Payable too high?
Olectra Greentech's current Days Payable of 141.03 is 12% below median its 10-year median of 161.04. Over the past 10 years, this metric has ranged from a low of 66.21 to a high of 433.74. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Olectra Greentech's value of 141.03 is 107% above this industry median. Based on the distribution chart, Olectra Greentech ranks #54 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Olectra Greentech has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Olectra Greentech's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Olectra Greentech ranks #54 out of 209 companies for Days Payable. This puts Olectra Greentech in the upper half of its industry. The industry median Days Payable is 68.13. Olectra Greentech's value of 141.03 is 107% above this benchmark. Historically, Olectra Greentech's own Days Payable has ranged from 66.21 to 433.74 over the past decade. While the company's 10-year median is 161.04 vs. the industry median of 68.13, Olectra Greentech 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 a Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 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. Olectra Greentech's current Days Payable of 141.03 is 107% 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 Olectra Greentech and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olectra Greentech's current Days Payable is 141.03, which is 12% below median its own 10-year median of 161.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olectra Greentech stock overvalued right now?
Based on GuruFocus' analysis, Olectra Greentech (NSE:OLECTRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,317.85, compared to a current price of ₹1,423.60 — trading 38.6% below its estimated fair value. The current Days Payable is 141.03, which is 12% below median its 10-year median of 161.04 and 107% above the Farm & Heavy Construction Machinery industry median of 68.13. Olectra Greentech's overall GF Score™ is 87/100 with 3 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 Olectra Greentech (NSE:OLECTRA), the current Days Payable is 141.03 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 Olectra Greentech (NSE:OLECTRA) Overvalued in 2026?

Based on GuruFocus' analysis, Olectra Greentech stock appears to be undervalued. The current stock price of ₹1,423.60 is trading 38.6% below its estimated GF Value™ of ₹2,317.85. GuruFocus considers Olectra Greentech to be Possible Value Trap.

Key valuation signals for NSE:OLECTRA:

  • Days Payable: 141.03 (12% below median its 10-year median of 161.04)
  • GF Value™: ₹2,317.85 vs. price of ₹1,423.60 (38.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 107% above the Farm & Heavy Construction Machinery median (#54 of 209)

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


Olectra Greentech Business Description

Other Exchanges 532439:India
Address Technocrat Industrial Estate, S-22, 2nd and 3rd Floor, Balanagar, Hyderabad, TG, IND, 500037
Olectra Greentech Ltd is engaged in the manufacturing of polymer insulators, electric trucks, and electric buses in India. The company's reportable segments are; Composite Polymer Insulators, and the E-Vehicle division which derives the majority of its revenue, and includes electric buses and trucks.
87GF Score

Get the complete analysis for NSE:OLECTRA

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

₹1,423.60
Price
₹2,317.85
GF Value