Power & Instrumentation (Gujarat) (NSE:PIGL) Days Payable: 91.12 (As of Jun. 2026) — Near Median

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NSE:PIGL Power & Instrumentation (Gujarat) Ltd NSE:PIGL
76 GF Score
Price ₹99.49
GF Value ₹136.40
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Power & Instrumentation (Gujarat) Days Payable?

Power & Instrumentation (Gujarat) NSE:PIGL -0.27% 76 Days Payable is 91.12 as of Jun. 2026, which is 1% below its 10-year median of 92.21. GuruFocus rates NSE:PIGL with a GF Score™ of 76/100 and a GF Value™ of ₹136.40 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,727 Construction companies, Power & Instrumentation (Gujarat) ranks worse than 54.6% on this metric.

Power & Instrumentation (Gujarat)'s average Accounts Payable for the three months ended in Jun. 2026 was ₹422 Mil. Power & Instrumentation (Gujarat)'s Cost of Goods Sold for the three months ended in Jun. 2026 was ₹422 Mil. Hence, Power & Instrumentation (Gujarat)'s Days Payable for the three months ended in Jun. 2026 was 91.12.

The historical rank and industry rank for Power & Instrumentation (Gujarat)'s Days Payable or its related term are showing as below:

NSE:PIGL' s Days Payable Range Over the Past 10 Years
Min: 66.17   Med: 92.21   Max: 130.05
Current: 69.47

During the past 7 years, Power & Instrumentation (Gujarat)'s highest Days Payable was 130.05. The lowest was 66.17. And the median was 92.21.

NSE:PIGL's Days Payable is ranked worse than
54.6% of 1727 companies
in the Construction industry
Industry Median: 77.4 vs NSE:PIGL: 69.47

Power & Instrumentation (Gujarat)'s Days Payable increased from Jun. 2025 (77.18) to Jun. 2026 (91.12). It may suggest that Power & Instrumentation (Gujarat) delayed paying its suppliers.


Power & Instrumentation (Gujarat) Days Payable Related Terms


Power & Instrumentation (Gujarat) Days Payable Historical Data

* Premium members only.

The historical data trend for Power & Instrumentation (Gujarat)'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.

Power & Instrumentation (Gujarat) Days Payable Chart

Power & Instrumentation (Gujarat) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 82.60 113.57 123.99 79.67 69.51

Power & Instrumentation (Gujarat) Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.18 51.53 80.30 77.26 91.12

NSE:PIGL vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Power & Instrumentation (Gujarat)'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.


Power & Instrumentation (Gujarat) Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Power & Instrumentation (Gujarat)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Power & Instrumentation (Gujarat)'s Days Payable falls into.


NSE:PIGL
76GF Score
Power & Instrumentation (Gujarat) Ltd NSE:PIGL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Power & Instrumentation (Gujarat) 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.

Power & Instrumentation (Gujarat)'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
=( (304.8 + 421.713) / 2 ) / 1907.54*365
=363.2565 / 1907.54*365
=69.51

Power & Instrumentation (Gujarat)'s Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (421.713 + ) / 1 ) / 422.294*365 / 4
=421.713 / 422.294*365 / 4
=91.12

* 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 91.12 mean?
Power & Instrumentation (Gujarat) (NSE:PIGL) has a Days Payable of 91.12 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Power & Instrumentation (Gujarat) and its competitors. This is near median its historical median of 92.21. Over the past decade, Power & Instrumentation (Gujarat)'s Days Payable has ranged from 66.17 to 130.05. According to the industry distribution chart, Power & Instrumentation (Gujarat) ranks #943 out of 1727 companies in the Construction industry, placing it in the top 54.6%.
Is Power & Instrumentation (Gujarat)'s Days Payable too high?
Power & Instrumentation (Gujarat)'s current Days Payable of 91.12 is near median its 10-year median of 92.21. Over the past 10 years, this metric has ranged from a low of 66.17 to a high of 130.05. The Construction industry median Days Payable is 77.40. Power & Instrumentation (Gujarat)'s value of 91.12 is 17.7% above this industry median. Based on the distribution chart, Power & Instrumentation (Gujarat) ranks #943 out of 1727 companies in the Construction industry, which is below the industry midpoint. Overall, Power & Instrumentation (Gujarat) has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power & Instrumentation (Gujarat)'s Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Power & Instrumentation (Gujarat) ranks #943 out of 1727 companies for Days Payable. This places Power & Instrumentation (Gujarat) in the lower half of its industry. The industry median Days Payable is 77.40. Power & Instrumentation (Gujarat)'s value of 91.12 is 17.7% above this benchmark. Historically, Power & Instrumentation (Gujarat)'s own Days Payable has ranged from 66.17 to 130.05 over the past decade. While the company's 10-year median is 92.21 vs. the industry median of 77.40, Power & Instrumentation (Gujarat) 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 Construction company?
The median Days Payable among Construction companies is 77.40, based on 1,727 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. Power & Instrumentation (Gujarat)'s current Days Payable of 91.12 is 17.7% 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 Power & Instrumentation (Gujarat) and its competitors. For the Construction industry, the median Days Payable is 77.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power & Instrumentation (Gujarat)'s current Days Payable is 91.12, which is near median its own 10-year median of 92.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power & Instrumentation (Gujarat) stock overvalued right now?
Based on GuruFocus' analysis, Power & Instrumentation (Gujarat) (NSE:PIGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹136.40, compared to a current price of ₹99.49 — trading 27.1% below its estimated fair value. The current Days Payable is 91.12, which is near median its 10-year median of 92.21 and 17.7% above the Construction industry median of 77.40. Power & Instrumentation (Gujarat)'s overall GF Score™ is 76/100 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 Power & Instrumentation (Gujarat) (NSE:PIGL), the current Days Payable is 91.12 as of Jun. 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 Power & Instrumentation (Gujarat) (NSE:PIGL) Overvalued in 2026?

Based on GuruFocus' analysis, Power & Instrumentation (Gujarat) stock appears to be undervalued. The current stock price of ₹99.49 is trading 27.1% below its estimated GF Value™ of ₹136.40. GuruFocus considers Power & Instrumentation (Gujarat) to be Modestly Undervalued.

Key valuation signals for NSE:PIGL:

  • Days Payable: 91.12 (near median its 10-year median of 92.21)
  • GF Value™: ₹136.40 vs. price of ₹99.49 (27.1% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 17.7% above the Construction median (#943 of 1727)

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


Power & Instrumentation (Gujarat) Business Description

Other Exchanges 543912:India
Address Iscon Temple Cross Road, S. G. Highway, B-1103/4/5, Sankalp Iconic, Opposite Vikram Nagar, Ahmedabad, GJ, IND, 380054
Power & Instrumentation (Gujarat) Ltd is a contracting company. The company is engaged in providing a wide range of contracting-based services in the field of Electrical, Mechanical, and Instrumentation Engineering.
76GF Score

Get the complete analysis for NSE:PIGL

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

₹99.49
Price
₹136.40
GF Value