V-Guard Industries (NSE:VGUARD) Days Payable: 59.33 (As of Mar. 2026) — Near Median


NSE:VGUARD V-Guard Industries Ltd NSE:VGUARD
89 GF Score
Price ₹302.70
GF Value ₹419.01
Valuation Modestly Undervalued
! 2 Warning Signs
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What is V-Guard Industries Days Payable?

V-Guard Industries NSE:VGUARD -0.66% 89 Days Payable is 59.33 as of Mar. 2026, which is 8% below its 10-year median of 64.51. GuruFocus rates NSE:VGUARD with a GF Score™ of 89/100 and a GF Value™ of ₹419.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,987 Industrial Products companies, V-Guard Industries ranks worse than 58.45% on this metric.

V-Guard Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹7,385 Mil. V-Guard Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹11,357 Mil. Hence, V-Guard Industries's Days Payable for the three months ended in Mar. 2026 was 59.33.

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

NSE:VGUARD' s Days Payable Range Over the Past 10 Years
Min: 44.94   Med: 64.51   Max: 75.5
Current: 64

During the past 13 years, V-Guard Industries's highest Days Payable was 75.50. The lowest was 44.94. And the median was 64.51.

NSE:VGUARD's Days Payable is ranked worse than
58.45% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs NSE:VGUARD: 64.00

V-Guard Industries's Days Payable declined from Mar. 2025 (60.44) to Mar. 2026 (59.33). It may suggest that V-Guard Industries accelerated paying its suppliers.


V-Guard Industries Days Payable Historical Data

* Premium members only.

The historical data trend for V-Guard 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.

V-Guard Industries Days Payable Chart

V-Guard Industries 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 72.78 60.31 57.21 61.95 67.06

V-Guard Industries 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 60.44 64.78 65.62 61.09 59.33

NSE:VGUARD vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, V-Guard 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.


V-Guard Industries Days Payable vs Industrial Products Industry

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

* The bar in red indicates where V-Guard Industries's Days Payable falls into.


NSE:VGUARD
89GF Score
V-Guard Industries Ltd NSE:VGUARD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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V-Guard 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.

V-Guard 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
=( (6569.5 + 7384.7) / 2 ) / 37974*365
=6977.1 / 37974*365
=67.06

V-Guard 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 7384.7) / 1 ) / 11356.8*365 / 4
=7384.7 / 11356.8*365 / 4
=59.33

* 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 59.33 mean?
V-Guard Industries (NSE:VGUARD) has a Days Payable of 59.33 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 V-Guard Industries and its competitors. This is near median its historical median of 64.51. Over the past decade, V-Guard Industries' Days Payable has ranged from 44.94 to 75.50. According to the industry distribution chart, V-Guard Industries ranks #1746 out of 2987 companies in the Industrial Products industry, placing it in the top 58.5%.
Is V-Guard Industries' Days Payable too high?
V-Guard Industries' current Days Payable of 59.33 is near median its 10-year median of 64.51. Over the past 10 years, this metric has ranged from a low of 44.94 to a high of 75.50. The Industrial Products industry median Days Payable is 78.05. V-Guard Industries' value of 59.33 is 24% below this industry median. Based on the distribution chart, V-Guard Industries ranks #1746 out of 2987 companies in the Industrial Products industry, which is below the industry midpoint. Overall, V-Guard Industries has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Guard Industries' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Guard Industries ranks #1746 out of 2987 companies for Days Payable. This places V-Guard Industries in the lower half of its industry. The industry median Days Payable is 78.05. V-Guard Industries' value of 59.33 is 24% below this benchmark. Historically, V-Guard Industries' own Days Payable has ranged from 44.94 to 75.50 over the past decade. While the company's 10-year median is 64.51 vs. the industry median of 78.05, V-Guard 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 78.05, based on 2,987 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. V-Guard Industries's current Days Payable of 59.33 is 24% 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 V-Guard Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Guard Industries's current Days Payable is 59.33, which is near median its own 10-year median of 64.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Guard Industries stock overvalued right now?
Based on GuruFocus' analysis, V-Guard Industries (NSE:VGUARD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹419.01, compared to a current price of ₹302.70 — trading 27.8% below its estimated fair value. The current Days Payable is 59.33, which is near median its 10-year median of 64.51 and 24% below the Industrial Products industry median of 78.05. V-Guard Industries' overall GF Score™ is 89/100 with 2 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 V-Guard Industries (NSE:VGUARD), the current Days Payable is 59.33 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 V-Guard Industries (NSE:VGUARD) Overvalued in 2026?

Based on GuruFocus' analysis, V-Guard Industries stock appears to be undervalued. The current stock price of ₹302.70 is trading 27.8% below its estimated GF Value™ of ₹419.01. GuruFocus considers V-Guard Industries to be Modestly Undervalued.

Key valuation signals for NSE:VGUARD:

  • Days Payable: 59.33 (near median its 10-year median of 64.51)
  • GF Value™: ₹419.01 vs. price of ₹302.70 (27.8% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 24% below the Industrial Products median (#1746 of 2987)

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


V-Guard Industries Business Description

Other Exchanges 532953:India
Address 42/962, Vennala High School Road, Vennala, Ernakulam, KL, IND, 682028
V-Guard Industries Ltd is an India-based consumer electrical and electronics company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electricals segment which includes PVC Insulated Cables, Switch Gears, Pumps and Modular Switches. The Electronics segment includes Stabilizers, Digital UPS and Solar Inverters. The Consumer segment Durables includes Fans, Water Heaters, Kitchen Appliances, Air Coolers, and Sunflame segment includes products sold under trademark Sunflame and Superflame. The group derives a majority of the revenue from the Electricals segment. Geographically, the company has operations in India.
89GF Score

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

₹302.70
Price
₹419.01
GF Value