Swelect Energy Systems (NSE:SWELECTES) Days Payable: 105.04 (As of Mar. 2026) — 32% Below Median

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NSE:SWELECTES Swelect Energy Systems Ltd NSE:SWELECTES
77 GF Score
Price ₹607.15
GF Value ₹1,256.02
Valuation Possible Value Trap
! 4 Warning Signs
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What is Swelect Energy Systems Days Payable?

Swelect Energy Systems NSE:SWELECTES -0.38% 77 Days Payable is 105.04 as of Mar. 2026, which is 32% below its 10-year median of 153.60. GuruFocus rates NSE:SWELECTES with a GF Score™ of 77/100 and a GF Value™ of ₹1,256.02 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 999 Semiconductors companies, Swelect Energy Systems ranks better than 77.68% on this metric.

Swelect Energy Systems's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,450 Mil. Swelect Energy Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,260 Mil. Hence, Swelect Energy Systems's Days Payable for the three months ended in Mar. 2026 was 105.04.

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

NSE:SWELECTES' s Days Payable Range Over the Past 10 Years
Min: 84.39   Med: 153.6   Max: 379.17
Current: 102.36

During the past 13 years, Swelect Energy Systems's highest Days Payable was 379.17. The lowest was 84.39. And the median was 153.60.

NSE:SWELECTES's Days Payable is ranked better than
77.68% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs NSE:SWELECTES: 102.36

Swelect Energy Systems's Days Payable increased from Mar. 2025 (65.80) to Mar. 2026 (105.04). It may suggest that Swelect Energy Systems delayed paying its suppliers.


Swelect Energy Systems Days Payable Historical Data

* Premium members only.

The historical data trend for Swelect Energy 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.

Swelect Energy Systems Days Payable Chart

Swelect Energy Systems 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 189.42 315.77 379.17 84.39 117.56

Swelect Energy Systems 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 65.80 96.38 87.05 73.99 105.04

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

For the Solar subindustry, Swelect Energy 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.


Swelect Energy Systems Days Payable vs Semiconductors Industry

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

* The bar in red indicates where Swelect Energy Systems's Days Payable falls into.


NSE:SWELECTES
77GF Score
Swelect Energy Systems Ltd NSE:SWELECTES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Swelect Energy 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.

Swelect Energy 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
=( (1126.524 + 1450.297) / 2 ) / 4000.178*365
=1288.4105 / 4000.178*365
=117.56

Swelect Energy 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 1450.297) / 1 ) / 1259.888*365 / 4
=1450.297 / 1259.888*365 / 4
=105.04

* 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 105.04 mean?
Swelect Energy Systems (NSE:SWELECTES) has a Days Payable of 105.04 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 Swelect Energy Systems and its competitors. This is 32% below median its historical median of 153.60. Over the past decade, Swelect Energy Systems' Days Payable has ranged from 84.39 to 379.17. According to the industry distribution chart, Swelect Energy Systems ranks #223 out of 999 companies in the Semiconductors industry, placing it in the top 22.3%.
Is Swelect Energy Systems' Days Payable too high?
Swelect Energy Systems' current Days Payable of 105.04 is 32% below median its 10-year median of 153.60. Over the past 10 years, this metric has ranged from a low of 84.39 to a high of 379.17. The Semiconductors industry median Days Payable is 53.06. Swelect Energy Systems' value of 105.04 is 98% above this industry median. Based on the distribution chart, Swelect Energy Systems ranks #223 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Swelect Energy Systems has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swelect Energy Systems' Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Swelect Energy Systems ranks #223 out of 999 companies for Days Payable. This places Swelect Energy Systems in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.06. Swelect Energy Systems' value of 105.04 is 98% above this benchmark. Historically, Swelect Energy Systems' own Days Payable has ranged from 84.39 to 379.17 over the past decade. While the company's 10-year median is 153.60 vs. the industry median of 53.06, Swelect Energy 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 999 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. Swelect Energy Systems's current Days Payable of 105.04 is 98% 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 Swelect Energy 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. Swelect Energy Systems's current Days Payable is 105.04, which is 32% below median its own 10-year median of 153.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swelect Energy Systems stock overvalued right now?
Based on GuruFocus' analysis, Swelect Energy Systems (NSE:SWELECTES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,256.02, compared to a current price of ₹607.15 — trading 51.7% below its estimated fair value. The current Days Payable is 105.04, which is 32% below median its 10-year median of 153.60 and 98% above the Semiconductors industry median of 53.06. Swelect Energy Systems' overall GF Score™ is 77/100 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 Swelect Energy Systems (NSE:SWELECTES), the current Days Payable is 105.04 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 Swelect Energy Systems (NSE:SWELECTES) Overvalued in 2026?

Based on GuruFocus' analysis, Swelect Energy Systems stock appears to be undervalued. The current stock price of ₹607.15 is trading 51.7% below its estimated GF Value™ of ₹1,256.02. GuruFocus considers Swelect Energy Systems to be Possible Value Trap.

Key valuation signals for NSE:SWELECTES:

  • Days Payable: 105.04 (32% below median its 10-year median of 153.60)
  • GF Value™: ₹1,256.02 vs. price of ₹607.15 (51.7% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 98% above the Semiconductors median (#223 of 999)

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


Swelect Energy Systems Business Description

Other Exchanges 532051:India
Address No. 5, Sir P.S. Sivasamy Salai, Swelect House, Mylapore, Chennai, TN, IND, 600 004
Swelect Energy Systems Ltd is engaged in the business of manufacturing and trading Solar power projects, off-grid solar photovoltaic modules, based on crystalline silicon technology (c-Si), solar and wind power generation, contract manufacturing services, installation and maintenance services, and others. The company operates under one business segment: Solar and Solar-related activities. Geographically, it derives a majority of its revenue from India.
77GF Score

Get the complete analysis for NSE:SWELECTES

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

₹607.15
Price
₹1,256.02
GF Value