Sunlite Recycling Industries (NSE:SUNLITE) Days Payable: 3.83 (As of Mar. 2026) — Near Median


NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
46 GF Score
Price ₹453.50
! 1 Warning Sign
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What is Sunlite Recycling Industries Days Payable?

Sunlite Recycling Industries NSE:SUNLITE +1.74% 46 Days Payable is 3.83 as of Mar. 2026, which is 5% above its 10-year median of 3.65. GuruFocus rates NSE:SUNLITE with a GF Score™ of 46/100. The stock has 1 warning sign investors should review. Among 2,991 Industrial Products companies, Sunlite Recycling Industries ranks worse than 99.57% on this metric.

Sunlite Recycling Industries's average Accounts Payable for the six months ended in Mar. 2026 was ₹336 Mil. Sunlite Recycling Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹16,046 Mil. Hence, Sunlite Recycling Industries's Days Payable for the six months ended in Mar. 2026 was 3.83.

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

NSE:SUNLITE' s Days Payable Range Over the Past 10 Years
Min: 2.25   Med: 3.65   Max: 10.73
Current: 3.78

During the past 6 years, Sunlite Recycling Industries's highest Days Payable was 10.73. The lowest was 2.25. And the median was 3.65.

NSE:SUNLITE's Days Payable is ranked worse than
99.57% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs NSE:SUNLITE: 3.78

Sunlite Recycling Industries's Days Payable stayed the same from Mar. 2025 (3.83) to Mar. 2026 (3.83).


Sunlite Recycling Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling 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.

Sunlite Recycling Industries Days Payable Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 3.92 3.96 2.67 2.25 3.38

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 0.17 2.27 3.83 4.19 3.83

NSE:SUNLITE vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Sunlite Recycling 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.


Sunlite Recycling Industries Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Sunlite Recycling Industries's Days Payable falls into.


NSE:SUNLITE
46GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlite Recycling 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.

Sunlite Recycling 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
=( (161.124 + 337.235) / 2 ) / 26874.429*365
=249.1795 / 26874.429*365
=3.38

Sunlite Recycling 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (335.726 + 337.235) / 2 ) / 16046.275*365 / 2
=336.4805 / 16046.275*365 / 2
=3.83

* 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 3.83 mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a Days Payable of 3.83 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 Sunlite Recycling Industries and its competitors. This is near median its historical median of 3.65. Over the past decade, Sunlite Recycling Industries' Days Payable has ranged from 2.25 to 10.73. According to the industry distribution chart, Sunlite Recycling Industries ranks #2978 out of 2991 companies in the Industrial Products industry, placing it in the top 99.6%.
Is Sunlite Recycling Industries' Days Payable too high?
Sunlite Recycling Industries' current Days Payable of 3.83 is near median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 10.73. The Industrial Products industry median Days Payable is 78.08. Sunlite Recycling Industries' value of 3.83 is 95.1% below this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #2978 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Sunlite Recycling Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #2978 out of 2991 companies for Days Payable. This places Sunlite Recycling Industries in the lower half of its industry. The industry median Days Payable is 78.08. Sunlite Recycling Industries' value of 3.83 is 95.1% below this benchmark. Historically, Sunlite Recycling Industries' own Days Payable has ranged from 2.25 to 10.73 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 78.08, Sunlite Recycling Industries 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, 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. Sunlite Recycling Industries's current Days Payable of 3.83 is 95.1% 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 Sunlite Recycling Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current Days Payable is 3.83, which is near median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Days Payable of 3.83. The current Days Payable is 3.83, which is near median its 10-year median of 3.65 and 95.1% below the Industrial Products industry median of 78.08. Sunlite Recycling Industries' overall GF Score™ is 46/100 with 1 warning sign 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Days Payable is 3.83 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.

Sunlite Recycling Industries Business Description

Address Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
46GF Score

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