Torrent Power (NSE:TORNTPOWER) Days Payable: 38.11 (As of Mar. 2026) — 15% Above Median


NSE:TORNTPOWER Torrent Power Ltd NSE:TORNTPOWER
89 GF Score
Price ₹1,401.00
GF Value ₹1,407.71
Valuation Fairly Valued
! 5 Warning Signs
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What is Torrent Power Days Payable?

Torrent Power NSE:TORNTPOWER +0.09% 89 Days Payable is 38.11 as of Mar. 2026, which is 15% above its 10-year median of 33.13. GuruFocus rates NSE:TORNTPOWER with a GF Score™ of 89/100 and a GF Value™ of ₹1,407.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Torrent Power ranks worse than 76.67% on this metric.

Torrent Power's average Accounts Payable for the three months ended in Mar. 2026 was ₹18,792 Mil. Torrent Power's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹45,002 Mil. Hence, Torrent Power's Days Payable for the three months ended in Mar. 2026 was 38.11.

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

NSE:TORNTPOWER' s Days Payable Range Over the Past 10 Years
Min: 24.13   Med: 33.13   Max: 47.25
Current: 35.36

During the past 13 years, Torrent Power's highest Days Payable was 47.25. The lowest was 24.13. And the median was 33.13.

NSE:TORNTPOWER's Days Payable is ranked worse than
76.67% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs NSE:TORNTPOWER: 35.36

Torrent Power's Days Payable increased from Mar. 2025 (35.06) to Mar. 2026 (38.11). It may suggest that Torrent Power delayed paying its suppliers.


Torrent Power Days Payable Historical Data

* Premium members only.

The historical data trend for Torrent Power'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.

Torrent Power Days Payable Chart

Torrent Power 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 38.79 24.13 28.36 30.89 32.82

Torrent Power 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 35.06 29.03 36.49 44.74 38.11

NSE:TORNTPOWER vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, Torrent Power'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.


Torrent Power Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Days Payable distribution charts can be found below:

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


NSE:TORNTPOWER
89GF Score
Torrent Power Ltd NSE:TORNTPOWER
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Torrent Power 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.

Torrent Power'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
=( (18241.3 + 18792.3) / 2 ) / 205915.8*365
=18516.8 / 205915.8*365
=32.82

Torrent Power'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 + 18792.3) / 1 ) / 45001.7*365 / 4
=18792.3 / 45001.7*365 / 4
=38.11

* 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 38.11 mean?
Torrent Power (NSE:TORNTPOWER) has a Days Payable of 38.11 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 Torrent Power and its competitors. This is 15% above median its historical median of 33.13. Over the past decade, Torrent Power's Days Payable has ranged from 24.13 to 47.25. According to the industry distribution chart, Torrent Power ranks #299 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 76.7%.
Is Torrent Power's Days Payable too high?
Torrent Power's current Days Payable of 38.11 is 15% above median its 10-year median of 33.13. Over the past 10 years, this metric has ranged from a low of 24.13 to a high of 47.25. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Torrent Power's value of 38.11 is 52.3% below this industry median. Based on the distribution chart, Torrent Power ranks #299 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Torrent Power has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Torrent Power's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Torrent Power ranks #299 out of 390 companies for Days Payable. This places Torrent Power in the lower half of its industry. The industry median Days Payable is 79.90. Torrent Power's value of 38.11 is 52.3% below this benchmark. Historically, Torrent Power's own Days Payable has ranged from 24.13 to 47.25 over the past decade. While the company's 10-year median is 33.13 vs. the industry median of 79.90, Torrent Power 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Torrent Power's current Days Payable of 38.11 is 52.3% 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 Torrent Power and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Torrent Power's current Days Payable is 38.11, which is 15% above median its own 10-year median of 33.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torrent Power stock overvalued right now?
Based on GuruFocus' analysis, Torrent Power (NSE:TORNTPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,407.71, compared to a current price of ₹1,401.00 — trading 0.5% below its estimated fair value. The current Days Payable is 38.11, which is 15% above median its 10-year median of 33.13 and 52.3% below the Utilities - Independent Power Producers industry median of 79.90. Torrent Power's overall GF Score™ is 89/100 with 5 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 Torrent Power (NSE:TORNTPOWER), the current Days Payable is 38.11 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 Torrent Power (NSE:TORNTPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Torrent Power stock appears to be undervalued. The current stock price of ₹1,401.00 is trading 0.5% below its estimated GF Value™ of ₹1,407.71. GuruFocus considers Torrent Power to be Fairly Valued.

Key valuation signals for NSE:TORNTPOWER:

  • Days Payable: 38.11 (15% above median its 10-year median of 33.13)
  • GF Value™: ₹1,407.71 vs. price of ₹1,401.00 (0.5% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 52.3% below the Utilities - Independent Power Producers median (#299 of 390)

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


Torrent Power Business Description

Other Exchanges 532779:India
Address Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The group's reportable segments are: Generation, Transmission and Distribution, and Renewables. The majority of its revenue is generated from the Transmission and Distribution segment, which comprises transmission and distribution business (licensed and franchisee) and related ancillary services. The Generation segment includes the generation of power from thermal sources (gas and coal) and trading of Regassified Liquified Natural Gas, and the Renewables segment includes generation of power from renewable energy sources.
89GF Score

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

₹1,401.00
Price
₹1,407.71
GF Value