Smarten Power Systems (NSE:SMARTEN) Days Payable: 63.65 (As of Mar. 2026) — 31% Below Median


NSE:SMARTEN Smarten Power Systems Ltd NSE:SMARTEN
18 GF Score
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! 3 Warning Signs
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What is Smarten Power Systems Days Payable?

Smarten Power Systems NSE:SMARTEN +0.34% 18 Days Payable is 63.65 as of Mar. 2026, which is 31% below its 10-year median of 91.62. GuruFocus rates NSE:SMARTEN with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 997 Semiconductors companies, Smarten Power Systems ranks better than 61.89% on this metric.

Smarten Power Systems's average Accounts Payable for the six months ended in Mar. 2026 was ₹336 Mil. Smarten Power Systems's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,927 Mil. Hence, Smarten Power Systems's Days Payable for the six months ended in Mar. 2026 was 31.82.

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

NSE:SMARTEN' s Days Payable Range Over the Past 10 Years
Min: 63.65   Med: 91.62   Max: 115.21
Current: 63.65

During the past 5 years, Smarten Power Systems's highest Days Payable was 115.21. The lowest was 63.65. And the median was 91.62.

NSE:SMARTEN's Days Payable is ranked better than
61.89% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs NSE:SMARTEN: 63.65

Smarten Power Systems's Days Payable declined from Mar. 2024 (91.62) to Mar. 2026 (63.65). It may suggest that Smarten Power Systems accelerated paying its suppliers.


Smarten Power Systems Days Payable Historical Data

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The historical data trend for Smarten Power Systems'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.

Smarten Power Systems Days Payable Chart

Smarten Power Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
115.21 109.27 91.62 69.59 63.65

Smarten Power Systems Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable 115.21 109.27 91.62 69.59 63.65

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

For the Solar subindustry, Smarten Power Systems'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.


Smarten Power Systems Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Smarten Power Systems's Days Payable distribution charts can be found below:

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


NSE:SMARTEN
18GF Score
Smarten Power Systems Ltd NSE:SMARTEN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Smarten Power Systems 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.

Smarten Power Systems'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
=( (271.808 + 400.219) / 2 ) / 1926.866*365
=336.0135 / 1926.866*365
=63.65

Smarten Power Systems'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (271.808 + 400.219) / 2 ) / 1926.866*365 / 2
=336.0135 / 1926.866*365 / 2
=31.82

* 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 63.65 mean?
Smarten Power Systems (NSE:SMARTEN) has a Days Payable of 63.65 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 Smarten Power Systems and its competitors. This is 31% below median its historical median of 91.62. Over the past decade, Smarten Power Systems' Days Payable has ranged from 63.65 to 115.21. According to the industry distribution chart, Smarten Power Systems ranks #380 out of 997 companies in the Semiconductors industry, placing it in the top 38.1%.
Is Smarten Power Systems' Days Payable too high?
Smarten Power Systems' current Days Payable of 63.65 is 31% below median its 10-year median of 91.62. Over the past 10 years, this metric has ranged from a low of 63.65 to a high of 115.21. The Semiconductors industry median Days Payable is 53.06. Smarten Power Systems' value of 63.65 is 20% above this industry median. Based on the distribution chart, Smarten Power Systems ranks #380 out of 997 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Smarten Power Systems ranks #380 out of 997 companies for Days Payable. This puts Smarten Power Systems in the upper half of its industry. The industry median Days Payable is 53.06. Smarten Power Systems' value of 63.65 is 20% above this benchmark. Historically, Smarten Power Systems' own Days Payable has ranged from 63.65 to 115.21 over the past decade. While the company's 10-year median is 91.62 vs. the industry median of 53.06, Smarten Power Systems 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. Smarten Power Systems's current Days Payable of 63.65 is 20% 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 Smarten Power Systems and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarten Power Systems's current Days Payable is 63.65, which is 31% below median its own 10-year median of 91.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current Days Payable of 63.65. The current Days Payable is 63.65, which is 31% below median its 10-year median of 91.62 and 20% above the Semiconductors industry median of 53.06. Smarten Power Systems' overall GF Score™ is 18/100 with 3 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 Smarten Power Systems (NSE:SMARTEN), the current Days Payable is 63.65 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.

Smarten Power Systems Business Description

Address Sector - 37, 374, 1st Floor Pace City-2, Gurgaon, HR, IND, 122001
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
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