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VoltasNSE:VOLTAS +4.88%88 Days Payable is 122.90 as of Mar. 2026, which is 23% below its 10-year median of 159.36. GuruFocus rates NSE:VOLTAS with a GF Score™ of 88/100 and a GF Value™ of ₹1,445.25 (Fairly Valued). The stock has 6 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Voltas ranks better than 83.13% on this metric.
Voltas's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹52,278 Mil. Voltas's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹38,816 Mil.
Hence, Voltas's Days Payable for the
three
months ended in Mar. 2026 was 122.90.
The historical rank and industry rank for Voltas's Days Payable or its related term are showing as below:
NSE:VOLTAS'
s Days Payable Range Over the Past 10 Years
Min: 116.86 Med: 159.36 Max: 168.45
Current: 135.04
During the past 13 years, Voltas's highest Days Payable was 168.45. The lowest was 116.86. And the median was 159.36.
NSE:VOLTAS's Days Payable is ranked better than 83.13% of 415
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.86
vs NSE:VOLTAS: 135.04
Voltas's Days Payable
increased
from Mar. 2025 (94.84) to Mar. 2026 (122.90).
It may suggest that Voltasdelayed paying its suppliers.
Voltas Days Payable Related Terms
Voltas Days Payable Historical Data
* Premium members only.
The historical data trend for Voltas'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:VOLTAS vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, Voltas'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.
Voltas Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Voltas's Days Payable distribution charts can be found below:
* The bar in red indicates where Voltas'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.
Voltas'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.
Voltas (NSE:VOLTAS) has a Days Payable of 122.90 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 Voltas and its competitors. This is 23% below median its historical median of 159.36. Over the past decade, Voltas' Days Payable has ranged from 116.86 to 168.45. According to the industry distribution chart, Voltas ranks #70 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 16.9%.
Is Voltas' Days Payable too high?
Voltas' current Days Payable of 122.90 is 23% below median its 10-year median of 159.36. Over the past 10 years, this metric has ranged from a low of 116.86 to a high of 168.45. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.86. Voltas' value of 122.90 is 92.5% above this industry median. Based on the distribution chart, Voltas ranks #70 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Voltas has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Voltas' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Voltas ranks #70 out of 415 companies for Days Payable. This places Voltas in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 63.86. Voltas' value of 122.90 is 92.5% above this benchmark. Historically, Voltas' own Days Payable has ranged from 116.86 to 168.45 over the past decade. While the company's 10-year median is 159.36 vs. the industry median of 63.86, Voltas 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.86, based on 415 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. Voltas's current Days Payable of 122.90 is 92.5% 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 Voltas and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voltas's current Days Payable is 122.90, which is 23% below median its own 10-year median of 159.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltas stock overvalued right now?
Based on GuruFocus' analysis, Voltas (NSE:VOLTAS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,445.25, compared to a current price of ₹1,349.50 — trading 6.6% below its estimated fair value. The current Days Payable is 122.90, which is 23% below median its 10-year median of 159.36 and 92.5% above the Furnishings, Fixtures & Appliances industry median of 63.86. Voltas' overall GF Score™ is 88/100 with 6 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 Voltas (NSE:VOLTAS), the current Days Payable is 122.90 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 Voltas (NSE:VOLTAS) Overvalued in 2026?
Based on GuruFocus' analysis, Voltas stock appears to be undervalued.
The current stock price of ₹1,349.50 is trading 6.6% below its estimated GF Value™ of ₹1,445.25.
GuruFocus considers Voltas to be Fairly Valued.
Key valuation signals for NSE:VOLTAS:
Days Payable: 122.90 (23% below median its 10-year median of 159.36)
GF Value™: ₹1,445.25 vs. price of ₹1,349.50 (6.6% below fair value)
Industry Position: 92.5% above the Furnishings, Fixtures & Appliances median (#70 of 415)
No single metric tells the full story. See the NSE:VOLTAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voltas Ltd is one of India's air conditioning companies. It provides engineering solutions for heating, ventilation, and air conditioning, refrigeration, textile machinery, and heavy equipment. Voltas has three operating segments: Unitary Cooling Products for Comfort and Commercial use, Engineering Products and Services, and Electro-Mechanical Projects and Services. The majority of its revenue is generated from the Unitary Cooling Products for Comfort and Commercial use segment. Remote monitoring and maintenance systems keep track of performance and strengthen relationships with customers. The majority of revenue comes from India, with the remainder split among the Middle East, Singapore, and other regions.
88GF Score
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