Synergy Green Industries (NSE:SGIL) Days Payable: 129.19 (As of Mar. 2026) — 18% Above Median

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NSE:SGIL Synergy Green Industries Ltd NSE:SGIL
78 GF Score
Price ₹596.45
GF Value ₹434.36
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Synergy Green Industries Days Payable?

Synergy Green Industries NSE:SGIL +0.19% 78 Days Payable is 129.19 as of Mar. 2026, which is 18% above its 10-year median of 109.41. GuruFocus rates NSE:SGIL with a GF Score™ of 78/100 and a GF Value™ of ₹434.36 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,991 Industrial Products companies, Synergy Green Industries ranks better than 80.44% on this metric.

Synergy Green Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹709 Mil. Synergy Green Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹501 Mil. Hence, Synergy Green Industries's Days Payable for the three months ended in Mar. 2026 was 129.19.

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

NSE:SGIL' s Days Payable Range Over the Past 10 Years
Min: 79.57   Med: 109.41   Max: 232.13
Current: 169.05

During the past 13 years, Synergy Green Industries's highest Days Payable was 232.13. The lowest was 79.57. And the median was 109.41.

NSE:SGIL's Days Payable is ranked better than
80.44% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs NSE:SGIL: 169.05

Synergy Green Industries's Days Payable declined from Mar. 2025 (144.44) to Mar. 2026 (129.19). It may suggest that Synergy Green Industries accelerated paying its suppliers.


Synergy Green Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Synergy Green 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.

Synergy Green Industries Days Payable Chart

Synergy Green Industries 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 99.98 96.14 80.06 79.57 88.99

Synergy Green Industries 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 144.44 174.39 275.94 157.55 129.19

NSE:SGIL vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Synergy Green 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.


Synergy Green Industries Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Synergy Green Industries's Days Payable falls into.


NSE:SGIL
78GF Score
Synergy Green Industries Ltd NSE:SGIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Synergy Green 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.

Synergy Green 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
=( (598.099 + 708.978) / 2 ) / 2680.433*365
=653.5385 / 2680.433*365
=88.99

Synergy Green 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 708.978) / 1 ) / 500.768*365 / 4
=708.978 / 500.768*365 / 4
=129.19

* 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 129.19 mean?
Synergy Green Industries (NSE:SGIL) has a Days Payable of 129.19 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 Synergy Green Industries and its competitors. This is 18% above median its historical median of 109.41. Over the past decade, Synergy Green Industries' Days Payable has ranged from 79.57 to 232.13. According to the industry distribution chart, Synergy Green Industries ranks #585 out of 2991 companies in the Industrial Products industry, placing it in the top 19.6%.
Is Synergy Green Industries' Days Payable too high?
Synergy Green Industries' current Days Payable of 129.19 is 18% above median its 10-year median of 109.41. Over the past 10 years, this metric has ranged from a low of 79.57 to a high of 232.13. The Industrial Products industry median Days Payable is 78.05. Synergy Green Industries' value of 129.19 is 65.5% above this industry median. Based on the distribution chart, Synergy Green Industries ranks #585 out of 2991 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Synergy Green Industries has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Synergy Green Industries' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Synergy Green Industries ranks #585 out of 2991 companies for Days Payable. This places Synergy Green Industries in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Synergy Green Industries' value of 129.19 is 65.5% above this benchmark. Historically, Synergy Green Industries' own Days Payable has ranged from 79.57 to 232.13 over the past decade. While the company's 10-year median is 109.41 vs. the industry median of 78.05, Synergy Green Industries 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, 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. Synergy Green Industries's current Days Payable of 129.19 is 65.5% 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 Synergy Green Industries 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. Synergy Green Industries's current Days Payable is 129.19, which is 18% above median its own 10-year median of 109.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synergy Green Industries stock overvalued right now?
Based on GuruFocus' analysis, Synergy Green Industries (NSE:SGIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹434.36, compared to a current price of ₹596.45 — trading 37.3% above its estimated fair value. The current Days Payable is 129.19, which is 18% above median its 10-year median of 109.41 and 65.5% above the Industrial Products industry median of 78.05. Synergy Green Industries' overall GF Score™ is 78/100 with 11 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 Synergy Green Industries (NSE:SGIL), the current Days Payable is 129.19 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 Synergy Green Industries (NSE:SGIL) Overvalued in 2026?

Based on GuruFocus' analysis, Synergy Green Industries stock appears to be overvalued. The current stock price of ₹596.45 is trading 37.3% above its estimated GF Value™ of ₹434.36. GuruFocus considers Synergy Green Industries to be Significantly Overvalued.

Key valuation signals for NSE:SGIL:

  • Days Payable: 129.19 (18% above median its 10-year median of 109.41)
  • GF Value™: ₹434.36 vs. price of ₹596.45 (37.3% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 65.5% above the Industrial Products median (#585 of 2991)

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


Synergy Green Industries Business Description

Other Exchanges 541929:India
Address 392, E Ward, Assembly Road, Shahupuri Post Box No. 201, Kolhapur, MH, IND, 416001
Synergy Green Industries Ltd is engaged in the business of foundry, which is the manufacturing of wind turbine castings and other large precision castings. The Company operates in a single operating segment of manufacturing of SG & CI Castings. The company generates maximum revenue from the sale of Windmill Castings. Products offered by the company include gearbox housing, hub, front wheel, main foundation, base frame, main axle, hollow shaft, diffuser, rear wheel, wedge, cannon tube, and others.
78GF Score

Get the complete analysis for NSE:SGIL

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

₹596.45
Price
₹434.36
GF Value