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Polycab IndiaNSE:POLYCAB -0.31%97 Days Payable is 26.25 as of Jun. 2026, which is 57% below its 10-year median of 60.37. GuruFocus rates NSE:POLYCAB with a GF Score™ of 97/100 and a GF Value™ of ₹10,079.72 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,994 Industrial Products companies, Polycab India ranks worse than 90.78% on this metric.
The historical rank and industry rank for Polycab India's Days Payable or its related term are showing as below:
NSE:POLYCAB'
s Days Payable Range Over the Past 10 Years
Min: 24.02 Med: 60.37 Max: 101.13
Current: 25.15
During the past 11 years, Polycab India's highest Days Payable was 101.13. The lowest was 24.02. And the median was 60.37.
NSE:POLYCAB's Days Payable is ranked worse than 90.78% of 2994
companies
in the Industrial Products industry
Industry Median: 78.045
vs NSE:POLYCAB: 25.15
Polycab India's Days Payable
declined
from Jun. 2025 (30.20) to Jun. 2026 (26.25).
It may suggest that Polycab Indiaaccelerated paying its suppliers.
Polycab India Days Payable Related Terms
Polycab India Days Payable Historical Data
* Premium members only.
The historical data trend for Polycab India'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 Electrical Equipment & Parts subindustry, Polycab 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.
Polycab India Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polycab India's Days Payable distribution charts can be found below:
* The bar in red indicates where Polycab India'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.
Polycab India'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.
Polycab India (NSE:POLYCAB) has a Days Payable of 26.25 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 Polycab India and its competitors. This is 57% below median its historical median of 60.37. Over the past decade, Polycab India's Days Payable has ranged from 24.02 to 101.13. According to the industry distribution chart, Polycab India ranks #2718 out of 2994 companies in the Industrial Products industry, placing it in the top 90.8%.
Is Polycab India's Days Payable too high?
Polycab India's current Days Payable of 26.25 is 57% below median its 10-year median of 60.37. Over the past 10 years, this metric has ranged from a low of 24.02 to a high of 101.13. The Industrial Products industry median Days Payable is 78.05. Polycab India's value of 26.25 is 66.4% below this industry median. Based on the distribution chart, Polycab India ranks #2718 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Polycab India has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polycab India's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Polycab India ranks #2718 out of 2994 companies for Days Payable. This places Polycab India in the lower half of its industry. The industry median Days Payable is 78.05. Polycab India's value of 26.25 is 66.4% below this benchmark. Historically, Polycab India's own Days Payable has ranged from 24.02 to 101.13 over the past decade. While the company's 10-year median is 60.37 vs. the industry median of 78.05, Polycab India 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 78.05, based on 2,994 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. Polycab India's current Days Payable of 26.25 is 66.4% 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 Polycab India and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polycab India's current Days Payable is 26.25, which is 57% below median its own 10-year median of 60.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polycab India stock overvalued right now?
Based on GuruFocus' analysis, Polycab India (NSE:POLYCAB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10,079.72, compared to a current price of ₹8,907.50 — trading 11.6% below its estimated fair value. The current Days Payable is 26.25, which is 57% below median its 10-year median of 60.37 and 66.4% below the Industrial Products industry median of 78.05. Polycab India's overall GF Score™ is 97/100 with 1 warning sign 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 Polycab India (NSE:POLYCAB), the current Days Payable is 26.25 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 Polycab India (NSE:POLYCAB) Overvalued in 2026?
Based on GuruFocus' analysis, Polycab India stock appears to be undervalued.
The current stock price of ₹8,907.50 is trading 11.6% below its estimated GF Value™ of ₹10,079.72.
GuruFocus considers Polycab India to be Modestly Undervalued.
Key valuation signals for NSE:POLYCAB:
Days Payable: 26.25 (57% below median its 10-year median of 60.37)
GF Value™: ₹10,079.72 vs. price of ₹8,907.50 (11.6% below fair value)
Industry Position: 66.4% below the Industrial Products median (#2718 of 2994)
No single metric tells the full story. See the NSE:POLYCAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and the EPC segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India, and also has its presence Overseas. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.
97GF Score
Get the complete analysis for NSE:POLYCAB
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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