Prime Cable Industries (NSE:PRIMECAB) Days Payable: 51.73 (As of Mar. 2026) — 10% Below Median


NSE:PRIMECAB Prime Cable Industries Ltd NSE:PRIMECAB
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What is Prime Cable Industries Days Payable?

Prime Cable Industries NSE:PRIMECAB +3.80% 13 Days Payable is 51.73 as of Mar. 2026, which is 10% below its 10-year median of 57.65. GuruFocus rates NSE:PRIMECAB with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Prime Cable Industries ranks worse than 59.61% on this metric.

Prime Cable Industries's average Accounts Payable for the six months ended in Mar. 2026 was ₹346 Mil. Prime Cable Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,221 Mil. Hence, Prime Cable Industries's Days Payable for the six months ended in Mar. 2026 was 51.73.

The historical rank and industry rank for Prime Cable Industries's Days Payable or its related term are showing as below:

NSE:PRIMECAB' s Days Payable Range Over the Past 10 Years
Min: 37.83   Med: 57.65   Max: 65.59
Current: 62.58

During the past 5 years, Prime Cable Industries's highest Days Payable was 65.59. The lowest was 37.83. And the median was 57.65.

NSE:PRIMECAB's Days Payable is ranked worse than
59.61% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs NSE:PRIMECAB: 62.58

Prime Cable Industries's Days Payable declined from Mar. 2025 (83.45) to Mar. 2026 (51.73). It may suggest that Prime Cable Industries accelerated paying its suppliers.


Prime Cable Industries Days Payable Historical Data

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The historical data trend for Prime Cable Industries'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.

Prime Cable Industries Days Payable Chart

Prime Cable Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
57.65 45.29 37.83 60.58 65.59

Prime Cable Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 25.12 83.45 76.08 51.73

NSE:PRIMECAB vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Prime Cable 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.


Prime Cable Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Prime Cable Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Prime Cable Industries's Days Payable falls into.


NSE:PRIMECAB
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Prime Cable Industries Ltd NSE:PRIMECAB
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime Cable 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.

Prime Cable Industries'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
=( (326.676 + 385.357) / 2 ) / 1981.056*365
=356.0165 / 1981.056*365
=65.59

Prime Cable Industries'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (306.887 + 385.357) / 2 ) / 1221.151*365 / 2
=346.122 / 1221.151*365 / 2
=51.73

* 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 51.73 mean?
Prime Cable Industries (NSE:PRIMECAB) has a Days Payable of 51.73 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 Prime Cable Industries and its competitors. This is 10% below median its historical median of 57.65. Over the past decade, Prime Cable Industries' Days Payable has ranged from 37.83 to 65.59. According to the industry distribution chart, Prime Cable Industries ranks #1783 out of 2991 companies in the Industrial Products industry, placing it in the top 59.6%.
Is Prime Cable Industries' Days Payable too high?
Prime Cable Industries' current Days Payable of 51.73 is 10% below median its 10-year median of 57.65. Over the past 10 years, this metric has ranged from a low of 37.83 to a high of 65.59. The Industrial Products industry median Days Payable is 78.08. Prime Cable Industries' value of 51.73 is 33.7% below this industry median. Based on the distribution chart, Prime Cable Industries ranks #1783 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Prime Cable Industries has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Prime Cable Industries' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Prime Cable Industries ranks #1783 out of 2991 companies for Days Payable. This places Prime Cable Industries in the lower half of its industry. The industry median Days Payable is 78.08. Prime Cable Industries' value of 51.73 is 33.7% below this benchmark. Historically, Prime Cable Industries' own Days Payable has ranged from 37.83 to 65.59 over the past decade. While the company's 10-year median is 57.65 vs. the industry median of 78.08, Prime Cable 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 2,991 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. Prime Cable Industries's current Days Payable of 51.73 is 33.7% 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 Prime Cable 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. Prime Cable Industries's current Days Payable is 51.73, which is 10% below median its own 10-year median of 57.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Cable Industries stock overvalued right now?
Prime Cable Industries (NSE:PRIMECAB) has a current Days Payable of 51.73. The current Days Payable is 51.73, which is 10% below median its 10-year median of 57.65 and 33.7% below the Industrial Products industry median of 78.08. Prime Cable Industries' overall GF Score™ is 13/100 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 Prime Cable Industries (NSE:PRIMECAB), the current Days Payable is 51.73 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.

Prime Cable Industries Business Description

Address KD Block Pitampura, Flat No 249 Ground Floor, Rani Bagh, North, West Delhi, Delhi, IND, 110034
Prime Cable Industries Ltd is engaged in the manufacturing and sale of cables and wires. The company manufactures low voltage control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors catering to several institutions which includes EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power (transmission, distribution and generation), oil & gas, mining, steel, real estate, electric panel builders, etc.
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