Ion Exchange (India) (BOM:500214) Days Payable: 557.42 (As of Mar. 2026) — 206% Above Median

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BOM:500214 Ion Exchange (India) Ltd BOM:500214
76 GF Score
Price ₹424.95
GF Value ₹649.11
Valuation Possible Value Trap
! 11 Warning Signs
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What is Ion Exchange (India) Days Payable?

Ion Exchange (India) BOM:500214 -2.89% 76 Days Payable is 557.42 as of Mar. 2026, which is 206% above its 10-year median of 182.06. GuruFocus rates BOM:500214 with a GF Score™ of 76/100 and a GF Value™ of ₹649.11 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 2,994 Industrial Products companies, Ion Exchange (India) ranks better than 97.96% on this metric.

Ion Exchange (India)'s average Accounts Payable for the six months ended in Mar. 2026 was ₹8,393 Mil. Ion Exchange (India)'s Cost of Goods Sold for the six months ended in Mar. 2026 was ₹5,891 Mil. Hence, Ion Exchange (India)'s Days Payable for the six months ended in Mar. 2026 was 260.01.

The historical rank and industry rank for Ion Exchange (India)'s Days Payable or its related term are showing as below:

BOM:500214' s Days Payable Range Over the Past 10 Years
Min: 155.12   Med: 182.06   Max: 520.03
Current: 520.03

During the past 13 years, Ion Exchange (India)'s highest Days Payable was 520.03. The lowest was 155.12. And the median was 182.06.

BOM:500214's Days Payable is ranked better than
97.96% of 2994 companies
in the Industrial Products industry
Industry Median: 78.005 vs BOM:500214: 520.03

Ion Exchange (India)'s Days Payable increased from Mar. 2024 (493.05) to Mar. 2026 (557.42). It may suggest that Ion Exchange (India) delayed paying its suppliers.


Ion Exchange (India) Days Payable Historical Data

* Premium members only.

The historical data trend for Ion Exchange (India)'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.

Ion Exchange (India) Days Payable Chart

Ion Exchange (India) 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 204.15 157.74 155.12 155.87 165.28

Ion Exchange (India) Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 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 667.35 494.67 493.05 525.33 557.42

BOM:500214 vs VLTO, ZWS, CECO: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Ion Exchange (India)'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.


Ion Exchange (India) Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Ion Exchange (India)'s Days Payable falls into.


BOM:500214
76GF Score
Ion Exchange (India) Ltd BOM:500214
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ion Exchange (India) 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.

Ion Exchange (India)'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
=( (7789.818 + 8996.7) / 2 ) / 18535.8*365
=8393.259 / 18535.8*365
=165.28

Ion Exchange (India)'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (7789.818 + 8996.7) / 2 ) / 5891.1*365 / 2
=8393.259 / 5891.1*365 / 2
=260.01

* 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 557.42 mean?
Ion Exchange (India) (BOM:500214) has a Days Payable of 557.42 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 Ion Exchange (India) and its competitors. This is 206% above median its historical median of 182.06. Over the past decade, Ion Exchange (India)'s Days Payable has ranged from 155.12 to 520.03. According to the industry distribution chart, Ion Exchange (India) ranks #61 out of 2994 companies in the Industrial Products industry, placing it in the top 2%.
Is Ion Exchange (India)'s Days Payable too high?
Ion Exchange (India)'s current Days Payable of 557.42 is 206% above median its 10-year median of 182.06. Over the past 10 years, this metric has ranged from a low of 155.12 to a high of 520.03. The Industrial Products industry median Days Payable is 78.01. Ion Exchange (India)'s value of 557.42 is 614.6% above this industry median. Based on the distribution chart, Ion Exchange (India) ranks #61 out of 2994 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ion Exchange (India) has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ion Exchange (India)'s Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Ion Exchange (India) ranks #61 out of 2994 companies for Days Payable. This places Ion Exchange (India) in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.01. Ion Exchange (India)'s value of 557.42 is 614.6% above this benchmark. Historically, Ion Exchange (India)'s own Days Payable has ranged from 155.12 to 520.03 over the past decade. While the company's 10-year median is 182.06 vs. the industry median of 78.01, Ion Exchange (India) 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.01, based on 2,994 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. Ion Exchange (India)'s current Days Payable of 557.42 is 614.6% 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 Ion Exchange (India) and its competitors. For the Industrial Products industry, the median Days Payable is 78.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Exchange (India)'s current Days Payable is 557.42, which is 206% above median its own 10-year median of 182.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Exchange (India) stock overvalued right now?
Based on GuruFocus' analysis, Ion Exchange (India) (BOM:500214) is currently considered Possible Value Trap. The stock's GF Value™ is ₹649.11, compared to a current price of ₹424.95 — trading 34.5% below its estimated fair value. The current Days Payable is 557.42, which is 206% above median its 10-year median of 182.06 and 614.6% above the Industrial Products industry median of 78.01. Ion Exchange (India)'s overall GF Score™ is 76/100 with 11 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 Ion Exchange (India) (BOM:500214), the current Days Payable is 557.42 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 Ion Exchange (India) (BOM:500214) Overvalued in 2026?

Based on GuruFocus' analysis, Ion Exchange (India) stock appears to be undervalued. The current stock price of ₹424.95 is trading 34.5% below its estimated GF Value™ of ₹649.11. GuruFocus considers Ion Exchange (India) to be Possible Value Trap.

Key valuation signals for BOM:500214:

  • Days Payable: 557.42 (206% above median its 10-year median of 182.06)
  • GF Value™: ₹649.11 vs. price of ₹424.95 (34.5% below fair value)
  • GF Score™: 76/100 with 11 warning signs
  • Industry Position: 614.6% above the Industrial Products median (#61 of 2994)

No single metric tells the full story. See the BOM:500214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ion Exchange (India) Business Description

Other Exchanges IONEXCHANG:India
Address Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd offers a wide range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water, seawater desalination, etc. It also engaged in manufacturing resins, and specialty chemicals for water and wastewater treatment as well as non-water applications. It operates its business through the Engineering segment, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. It caters to both domestic and international markets.
76GF Score

Get the complete analysis for BOM:500214

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

₹424.95
Price
₹649.11
GF Value