Solex EnergyNSE:SOLEX -3.74%85 Days Payable is 56.24 as of Mar. 2026, which is 33% below its 10-year median of 84.45. GuruFocus rates NSE:SOLEX with a GF Score™ of 85/100 and a GF Value™ of ₹3,973.59 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 997 Semiconductors companies, Solex Energy ranks better than 69.41% on this metric.
The historical rank and industry rank for Solex Energy's Days Payable or its related term are showing as below:
NSE:SOLEX'
s Days Payable Range Over the Past 10 Years
Min: 47.23 Med: 84.45 Max: 169.83
Current: 77.02
During the past 12 years, Solex Energy's highest Days Payable was 169.83. The lowest was 47.23. And the median was 84.45.
NSE:SOLEX's Days Payable is ranked better than 69.41% of 997
companies
in the Semiconductors industry
Industry Median: 53.06
vs NSE:SOLEX: 77.02
Solex Energy's Days Payable
declined
from Dec. 2024 (60.40) to Mar. 2026 (56.24).
It may suggest that Solex Energyaccelerated paying its suppliers.
Solex Energy Days Payable Related Terms
Solex Energy Days Payable Historical Data
* Premium members only.
The historical data trend for Solex 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.
NSE:SOLEX vs FSLR, NXT, ENPH: Days Payable Comparison
For the Solar subindustry, Solex 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.
Solex Energy Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Solex Energy's Days Payable distribution charts can be found below:
* The bar in red indicates where Solex Energy's Days Payable falls into.
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.
Solex Energy's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Solex Energy (NSE:SOLEX) has a Days Payable of 56.24 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 Solex Energy and its competitors. This is 33% below median its historical median of 84.45. Over the past decade, Solex Energy's Days Payable has ranged from 47.23 to 169.83. According to the industry distribution chart, Solex Energy ranks #305 out of 997 companies in the Semiconductors industry, placing it in the top 30.6%.
Is Solex Energy's Days Payable too high?
Solex Energy's current Days Payable of 56.24 is 33% below median its 10-year median of 84.45. Over the past 10 years, this metric has ranged from a low of 47.23 to a high of 169.83. The Semiconductors industry median Days Payable is 53.06. Solex Energy's value of 56.24 is 6% above this industry median. Based on the distribution chart, Solex Energy ranks #305 out of 997 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Solex Energy has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #305 out of 997 companies for Days Payable. This puts Solex Energy in the upper half of its industry. The industry median Days Payable is 53.06. Solex Energy's value of 56.24 is 6% above this benchmark. Historically, Solex Energy's own Days Payable has ranged from 47.23 to 169.83 over the past decade. While the company's 10-year median is 84.45 vs. the industry median of 53.06, Solex Energy 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. Solex Energy's current Days Payable of 56.24 is 6% 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 Solex Energy 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. Solex Energy's current Days Payable is 56.24, which is 33% below median its own 10-year median of 84.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solex Energy stock overvalued right now?
Based on GuruFocus' analysis, Solex Energy (NSE:SOLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,973.59, compared to a current price of ₹1,062.30 — trading 73.3% below its estimated fair value. The current Days Payable is 56.24, which is 33% below median its 10-year median of 84.45 and 6% above the Semiconductors industry median of 53.06. Solex Energy's overall GF Score™ is 85/100 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 Solex Energy (NSE:SOLEX), the current Days Payable is 56.24 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 Solex Energy (NSE:SOLEX) Overvalued in 2026?
Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued.
The current stock price of ₹1,062.30 is trading 73.3% below its estimated GF Value™ of ₹3,973.59.
GuruFocus considers Solex Energy to be Possible Value Trap.
Key valuation signals for NSE:SOLEX:
Days Payable: 56.24 (33% below median its 10-year median of 84.45)
GF Value™: ₹3,973.59 vs. price of ₹1,062.30 (73.3% below fair value)
Industry Position: 6% above the Semiconductors median (#305 of 997)
No single metric tells the full story. See the NSE:SOLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
85GF Score
Get the complete analysis for NSE:SOLEX
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SOLEX has been successfully added to your 
