TVS ElectronicsNSE:TVSELECT -0.79%79 Days Payable is 122.18 as of Mar. 2026, which is 7% below its 10-year median of 131.78. GuruFocus rates NSE:TVSELECT with a GF Score™ of 79/100 and a GF Value™ of ₹451.25 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,436 Hardware companies, TVS Electronics ranks better than 77.96% on this metric.
The historical rank and industry rank for TVS Electronics's Days Payable or its related term are showing as below:
NSE:TVSELECT'
s Days Payable Range Over the Past 10 Years
Min: 26.67 Med: 131.78 Max: 185.73
Current: 127.14
During the past 13 years, TVS Electronics's highest Days Payable was 185.73. The lowest was 26.67. And the median was 131.78.
NSE:TVSELECT's Days Payable is ranked better than 77.96% of 2436
companies
in the Hardware industry
Industry Median: 69.91
vs NSE:TVSELECT: 127.14
TVS Electronics's Days Payable
declined
from Mar. 2025 (128.34) to Mar. 2026 (122.18).
It may suggest that TVS Electronicsaccelerated paying its suppliers.
TVS Electronics Days Payable Related Terms
TVS Electronics Days Payable Historical Data
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The historical data trend for TVS Electronics'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:TVSELECT vs SNDK, DELL, STX: Days Payable Comparison
For the Computer Hardware subindustry, TVS Electronics'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.
TVS Electronics Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, TVS Electronics's Days Payable distribution charts can be found below:
* The bar in red indicates where TVS Electronics'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.
TVS Electronics'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.
TVS Electronics (NSE:TVSELECT) has a Days Payable of 122.18 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 TVS Electronics and its competitors. This is near median its historical median of 131.78. Over the past decade, TVS Electronics' Days Payable has ranged from 26.67 to 185.73. According to the industry distribution chart, TVS Electronics ranks #537 out of 2436 companies in the Hardware industry, placing it in the top 22%.
Is TVS Electronics' Days Payable too high?
TVS Electronics' current Days Payable of 122.18 is near median its 10-year median of 131.78. Over the past 10 years, this metric has ranged from a low of 26.67 to a high of 185.73. The Hardware industry median Days Payable is 69.91. TVS Electronics' value of 122.18 is 74.8% above this industry median. Based on the distribution chart, TVS Electronics ranks #537 out of 2436 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TVS Electronics has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVS Electronics' Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, TVS Electronics ranks #537 out of 2436 companies for Days Payable. This places TVS Electronics in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.91. TVS Electronics' value of 122.18 is 74.8% above this benchmark. Historically, TVS Electronics' own Days Payable has ranged from 26.67 to 185.73 over the past decade. While the company's 10-year median is 131.78 vs. the industry median of 69.91, TVS Electronics 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 Hardware company?
The median Days Payable among Hardware companies is 69.91, based on 2,436 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. TVS Electronics's current Days Payable of 122.18 is 74.8% 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 TVS Electronics and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVS Electronics's current Days Payable is 122.18, which is near median its own 10-year median of 131.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Electronics stock overvalued right now?
Based on GuruFocus' analysis, TVS Electronics (NSE:TVSELECT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹451.25, compared to a current price of ₹506.35 — trading 12.2% above its estimated fair value. The current Days Payable is 122.18, which is near median its 10-year median of 131.78 and 74.8% above the Hardware industry median of 69.91. TVS Electronics' overall GF Score™ is 79/100 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 TVS Electronics (NSE:TVSELECT), the current Days Payable is 122.18 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 TVS Electronics (NSE:TVSELECT) Overvalued in 2026?
Based on GuruFocus' analysis, TVS Electronics stock appears to be overvalued.
The current stock price of ₹506.35 is trading 12.2% above its estimated GF Value™ of ₹451.25.
GuruFocus considers TVS Electronics to be Modestly Overvalued.
Key valuation signals for NSE:TVSELECT:
Days Payable: 122.18 (near median its 10-year median of 131.78)
GF Value™: ₹451.25 vs. price of ₹506.35 (12.2% above fair value)
Industry Position: 74.8% above the Hardware median (#537 of 2436)
No single metric tells the full story. See the NSE:TVSELECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that designs, manufactures, assembles, markets, sells, and services various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.
79GF Score
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