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Elspec EngineeringXTAE:ELSPC +1.55%71 Days Payable is 34.98 as of Dec. 2025, which is 35% below its 10-year median of 53.83. GuruFocus rates XTAE:ELSPC with a GF Score™ of 71/100 and a GF Value™ of ₪5.62 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Elspec Engineering ranks worse than 77.25% on this metric.
The historical rank and industry rank for Elspec Engineering's Days Payable or its related term are showing as below:
XTAE:ELSPC'
s Days Payable Range Over the Past 10 Years
Min: 40.31 Med: 53.83 Max: 61.33
Current: 40.31
During the past 13 years, Elspec Engineering's highest Days Payable was 61.33. The lowest was 40.31. And the median was 53.83.
XTAE:ELSPC's Days Payable is ranked worse than 77.25% of 2993
companies
in the Industrial Products industry
Industry Median: 77.82
vs XTAE:ELSPC: 40.31
Elspec Engineering's Days Payable
declined
from Dec. 2024 (48.70) to Dec. 2025 (34.98).
It may suggest that Elspec Engineeringaccelerated paying its suppliers.
The historical data trend for Elspec Engineering'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.
XTAE:ELSPC vs VRT, BE, HUBB: Days Payable Comparison
For the Electrical Equipment & Parts subindustry, Elspec Engineering'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.
Elspec Engineering Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elspec Engineering's Days Payable distribution charts can be found below:
* The bar in red indicates where Elspec Engineering'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.
Elspec Engineering's Days Payable for the fiscal year that ended in Dec. 2025 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.
Elspec Engineering (XTAE:ELSPC) has a Days Payable of 34.98 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Elspec Engineering and its competitors. This is 35% below median its historical median of 53.83. Over the past decade, Elspec Engineering's Days Payable has ranged from 40.31 to 61.33. According to the industry distribution chart, Elspec Engineering ranks #2312 out of 2993 companies in the Industrial Products industry, placing it in the top 77.2%.
Is Elspec Engineering's Days Payable too high?
Elspec Engineering's current Days Payable of 34.98 is 35% below median its 10-year median of 53.83. Over the past 10 years, this metric has ranged from a low of 40.31 to a high of 61.33. The Industrial Products industry median Days Payable is 77.82. Elspec Engineering's value of 34.98 is 55.1% below this industry median. Based on the distribution chart, Elspec Engineering ranks #2312 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Elspec Engineering has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elspec Engineering's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Elspec Engineering ranks #2312 out of 2993 companies for Days Payable. This places Elspec Engineering in the lower half of its industry. The industry median Days Payable is 77.82. Elspec Engineering's value of 34.98 is 55.1% below this benchmark. Historically, Elspec Engineering's own Days Payable has ranged from 40.31 to 61.33 over the past decade. While the company's 10-year median is 53.83 vs. the industry median of 77.82, Elspec Engineering 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 77.82, based on 2,993 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. Elspec Engineering's current Days Payable of 34.98 is 55.1% 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 Elspec Engineering and its competitors. For the Industrial Products industry, the median Days Payable is 77.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elspec Engineering's current Days Payable is 34.98, which is 35% below median its own 10-year median of 53.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elspec Engineering stock overvalued right now?
Based on GuruFocus' analysis, Elspec Engineering (XTAE:ELSPC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₪5.62, compared to a current price of ₪3.92 — trading 30.2% below its estimated fair value. The current Days Payable is 34.98, which is 35% below median its 10-year median of 53.83 and 55.1% below the Industrial Products industry median of 77.82. Elspec Engineering's overall GF Score™ is 71/100 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 Elspec Engineering (XTAE:ELSPC), the current Days Payable is 34.98 as of Dec. 2025. 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 Elspec Engineering (XTAE:ELSPC) Overvalued in 2026?
Based on GuruFocus' analysis, Elspec Engineering stock appears to be undervalued.
The current stock price of ₪3.92 is trading 30.2% below its estimated GF Value™ of ₪5.62.
GuruFocus considers Elspec Engineering to be Significantly Undervalued.
Key valuation signals for XTAE:ELSPC:
Days Payable: 34.98 (35% below median its 10-year median of 53.83)
GF Value™: ₪5.62 vs. price of ₪3.92 (30.2% below fair value)
Industry Position: 55.1% below the Industrial Products median (#2312 of 2993)
No single metric tells the full story. See the XTAE:ELSPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elspec Engineering Ltd is a provider of power quality solutions & services. It provides electrical power quality analyzers, real-time power factor correction systems, and energy saving solutions to the industrial, commercial, and utility industries. It has three research and development departments such as software and signal processing engineers, hardware analog, digital and power electricians.
71GF Score
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