Saatvik Green Energy (NSE:SAATVIKGL) Days Payable: 39.00 (As of Mar. 2026) — 34% Below Median


NSE:SAATVIKGL Saatvik Green Energy Ltd NSE:SAATVIKGL
17 GF Score
Price ₹449.20
! 4 Warning Signs
View Full Analysis

What is Saatvik Green Energy Days Payable?

Saatvik Green Energy NSE:SAATVIKGL -1.31% 17 Days Payable is 39.00 as of Mar. 2026, which is 34% below its 10-year median of 58.65. GuruFocus rates NSE:SAATVIKGL with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 998 Semiconductors companies, Saatvik Green Energy ranks better than 68.84% on this metric.

Saatvik Green Energy's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,803 Mil. Saatvik Green Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹13,577 Mil. Hence, Saatvik Green Energy's Days Payable for the three months ended in Mar. 2026 was 39.00.

The historical rank and industry rank for Saatvik Green Energy's Days Payable or its related term are showing as below:

NSE:SAATVIKGL' s Days Payable Range Over the Past 10 Years
Min: 47.3   Med: 58.65   Max: 85.29
Current: 75.75

During the past 5 years, Saatvik Green Energy's highest Days Payable was 85.29. The lowest was 47.30. And the median was 58.65.

NSE:SAATVIKGL's Days Payable is ranked better than
68.84% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs NSE:SAATVIKGL: 75.75

Saatvik Green Energy's Days Payable declined from Dec. 2024 (59.67) to Mar. 2026 (39.00). It may suggest that Saatvik Green Energy accelerated paying its suppliers.


Saatvik Green Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Saatvik Green Energy'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.

Saatvik Green Energy Days Payable Chart

Saatvik Green Energy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
62.13 47.30 55.56 85.29 58.65

Saatvik Green Energy Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 59.67 55.26 103.16 60.70 39.00

NSE:SAATVIKGL vs FSLR, NXT, ENPH: Days Payable Comparison

For the Solar subindustry, Saatvik Green Energy'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.


Saatvik Green Energy Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Saatvik Green Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Saatvik Green Energy's Days Payable falls into.


NSE:SAATVIKGL
17GF Score
Saatvik Green Energy Ltd NSE:SAATVIKGL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saatvik Green Energy 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.

Saatvik Green Energy'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
=( (5590.71 + 5803.05) / 2 ) / 35454.1*365
=5696.88 / 35454.1*365
=58.65

Saatvik Green Energy'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 + 5803.05) / 1 ) / 13576.82*365 / 4
=5803.05 / 13576.82*365 / 4
=39.00

* 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 39.00 mean?
Saatvik Green Energy (NSE:SAATVIKGL) has a Days Payable of 39.00 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 Saatvik Green Energy and its competitors. This is 34% below median its historical median of 58.65. Over the past decade, Saatvik Green Energy's Days Payable has ranged from 47.30 to 85.29. According to the industry distribution chart, Saatvik Green Energy ranks #311 out of 998 companies in the Semiconductors industry, placing it in the top 31.2%.
Is Saatvik Green Energy's Days Payable too high?
Saatvik Green Energy's current Days Payable of 39.00 is 34% below median its 10-year median of 58.65. Over the past 10 years, this metric has ranged from a low of 47.30 to a high of 85.29. The Semiconductors industry median Days Payable is 52.98. Saatvik Green Energy's value of 39.00 is 26.4% below this industry median. Based on the distribution chart, Saatvik Green Energy ranks #311 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Saatvik Green Energy has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saatvik Green Energy's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Saatvik Green Energy ranks #311 out of 998 companies for Days Payable. This puts Saatvik Green Energy in the upper half of its industry. The industry median Days Payable is 52.98. Saatvik Green Energy's value of 39.00 is 26.4% below this benchmark. Historically, Saatvik Green Energy's own Days Payable has ranged from 47.30 to 85.29 over the past decade. While the company's 10-year median is 58.65 vs. the industry median of 52.98, Saatvik Green Energy 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 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. Saatvik Green Energy's current Days Payable of 39.00 is 26.4% 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 Saatvik Green Energy and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saatvik Green Energy's current Days Payable is 39.00, which is 34% below median its own 10-year median of 58.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saatvik Green Energy stock overvalued right now?
Saatvik Green Energy (NSE:SAATVIKGL) has a current Days Payable of 39.00. The current Days Payable is 39.00, which is 34% below median its 10-year median of 58.65 and 26.4% below the Semiconductors industry median of 52.98. Saatvik Green Energy's overall GF Score™ is 17/100 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 Saatvik Green Energy (NSE:SAATVIKGL), the current Days Payable is 39.00 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.

Saatvik Green Energy Business Description

Other Exchanges 544526:India
Address Plot No. 3, Sector 32, Tower A, Institutional Area, IFFCO Complex, Gurugram, HR, IND, 122 001
Saatvik Green Energy Ltd is engaged in module manufacturing as well as engineering, procurement and construction (EPC) and operations and maintenance (O&M) services. The company offers a comprehensive portfolio of solar module products that are currently manufactured using technologies that help reduce energy loss and enhance overall efficiency. Its solar energy products include: (i) monocrystalline passive emitter and rear cell modules; and (ii) N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. It manufactures its products through the use of M10 technology for its Mono PERC modules and M10, G12, M10R and G12R technologies for its N-TopCon modules.
17GF Score

Get the complete analysis for NSE:SAATVIKGL

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

₹449.20
Price