Reliance Power (NSE:RPOWER) Days Payable: 21.09 (As of Mar. 2026) — 58% Below Median


NSE:RPOWER Reliance Power Ltd NSE:RPOWER
70 GF Score
Price ₹25.70
GF Value ₹29.99
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Reliance Power Days Payable?

Reliance Power NSE:RPOWER -3.02% 70 Days Payable is 21.09 as of Mar. 2026, which is 58% below its 10-year median of 50.58. GuruFocus rates NSE:RPOWER with a GF Score™ of 70/100 and a GF Value™ of ₹29.99 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 389 Utilities - Independent Power Producers companies, Reliance Power ranks worse than 88.43% on this metric.

Reliance Power's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,208 Mil. Reliance Power's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹9,552 Mil. Hence, Reliance Power's Days Payable for the three months ended in Mar. 2026 was 21.09.

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

NSE:RPOWER' s Days Payable Range Over the Past 10 Years
Min: 20.79   Med: 50.58   Max: 172.53
Current: 20.79

During the past 13 years, Reliance Power's highest Days Payable was 172.53. The lowest was 20.79. And the median was 50.58.

NSE:RPOWER's Days Payable is ranked worse than
88.43% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.77 vs NSE:RPOWER: 20.79

Reliance Power's Days Payable declined from Mar. 2025 (24.84) to Mar. 2026 (21.09). It may suggest that Reliance Power accelerated paying its suppliers.


Reliance Power Days Payable Historical Data

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The historical data trend for Reliance Power'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.

Reliance Power Days Payable Chart

Reliance Power 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 52.55 48.61 44.28 33.76 22.51

Reliance Power 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 24.84 24.16 16.69 17.91 21.09

NSE:RPOWER vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, Reliance Power'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.


Reliance Power Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Power's Days Payable distribution charts can be found below:

* The bar in red indicates where Reliance Power's Days Payable falls into.


NSE:RPOWER
70GF Score
Reliance Power Ltd NSE:RPOWER
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Power 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.

Reliance Power'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
=( (2477.3 + 2208.2) / 2 ) / 37991.1*365
=2342.75 / 37991.1*365
=22.51

Reliance Power'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 + 2208.2) / 1 ) / 9552.4*365 / 4
=2208.2 / 9552.4*365 / 4
=21.09

* 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 21.09 mean?
Reliance Power (NSE:RPOWER) has a Days Payable of 21.09 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 Reliance Power and its competitors. This is 58% below median its historical median of 50.58. Over the past decade, Reliance Power's Days Payable has ranged from 20.79 to 172.53. According to the industry distribution chart, Reliance Power ranks #344 out of 389 companies in the Utilities - Independent Power Producers industry, placing it in the top 88.4%.
Is Reliance Power's Days Payable too high?
Reliance Power's current Days Payable of 21.09 is 58% below median its 10-year median of 50.58. Over the past 10 years, this metric has ranged from a low of 20.79 to a high of 172.53. The Utilities - Independent Power Producers industry median Days Payable is 79.77. Reliance Power's value of 21.09 is 73.6% below this industry median. Based on the distribution chart, Reliance Power ranks #344 out of 389 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Reliance Power has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Power's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Reliance Power ranks #344 out of 389 companies for Days Payable. This places Reliance Power in the lower half of its industry. The industry median Days Payable is 79.77. Reliance Power's value of 21.09 is 73.6% below this benchmark. Historically, Reliance Power's own Days Payable has ranged from 20.79 to 172.53 over the past decade. While the company's 10-year median is 50.58 vs. the industry median of 79.77, Reliance Power 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 - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.77, based on 389 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. Reliance Power's current Days Payable of 21.09 is 73.6% 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 Reliance Power and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Power's current Days Payable is 21.09, which is 58% below median its own 10-year median of 50.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Power stock overvalued right now?
Based on GuruFocus' analysis, Reliance Power (NSE:RPOWER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹29.99, compared to a current price of ₹25.70 — trading 14.3% below its estimated fair value. The current Days Payable is 21.09, which is 58% below median its 10-year median of 50.58 and 73.6% below the Utilities - Independent Power Producers industry median of 79.77. Reliance Power's overall GF Score™ is 70/100 with 7 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 Reliance Power (NSE:RPOWER), the current Days Payable is 21.09 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 Reliance Power (NSE:RPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Power stock appears to be undervalued. The current stock price of ₹25.70 is trading 14.3% below its estimated GF Value™ of ₹29.99. GuruFocus considers Reliance Power to be Modestly Undervalued.

Key valuation signals for NSE:RPOWER:

  • Days Payable: 21.09 (58% below median its 10-year median of 50.58)
  • GF Value™: ₹29.99 vs. price of ₹25.70 (14.3% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 73.6% below the Utilities - Independent Power Producers median (#344 of 389)

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


Reliance Power Business Description

Other Exchanges 532939:India
Address 19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Ballard Estate, Mumbai, MH, IND, 400 001
Reliance Power Ltd is an electric utility that constructs, develops, and operates power generation projects. Generation of power is its only operating segment and includes all of the firm's projects. Categorized as either operating, under construction, or under development, these projects generate electricity using thermal fuel sources or renewable resources. The company derives its revenue from the sale of energy, but support service agreements contribute as well.
70GF Score

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

₹25.70
Price
₹29.99
GF Value