Kanoria Chemicals & Industries (BOM:506525) Days Payable: 55.87 (As of Mar. 2026) — 23% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:506525 Kanoria Chemicals & Industries Ltd BOM:506525
43 GF Score
Price ₹152.00
GF Value ₹75.75
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Kanoria Chemicals & Industries Days Payable?

Kanoria Chemicals & Industries BOM:506525 -4.94% 43 Days Payable is 55.87 as of Mar. 2026, which is 23% below its 10-year median of 72.78. GuruFocus rates BOM:506525 with a GF Score™ of 43/100 and a GF Value™ of ₹75.75 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,553 Chemicals companies, Kanoria Chemicals & Industries ranks better than 54.09% on this metric.

Kanoria Chemicals & Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,360 Mil. Kanoria Chemicals & Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,221 Mil. Hence, Kanoria Chemicals & Industries's Days Payable for the three months ended in Mar. 2026 was 55.87.

The historical rank and industry rank for Kanoria Chemicals & Industries's Days Payable or its related term are showing as below:

BOM:506525' s Days Payable Range Over the Past 10 Years
Min: 55.76   Med: 72.78   Max: 153.8
Current: 64.22

During the past 13 years, Kanoria Chemicals & Industries's highest Days Payable was 153.80. The lowest was 55.76. And the median was 72.78.

BOM:506525's Days Payable is ranked better than
54.09% of 1553 companies
in the Chemicals industry
Industry Median: 59.59 vs BOM:506525: 64.22

Kanoria Chemicals & Industries's Days Payable declined from Mar. 2025 (136.92) to Mar. 2026 (55.87). It may suggest that Kanoria Chemicals & Industries accelerated paying its suppliers.


Kanoria Chemicals & Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Kanoria Chemicals & 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.

Kanoria Chemicals & Industries Days Payable Chart

Kanoria Chemicals & 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 67.18 69.75 80.55 153.80 93.94

Kanoria Chemicals & 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 136.92 64.71 64.61 48.49 55.87

BOM:506525 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Kanoria Chemicals & 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.


Kanoria Chemicals & Industries Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kanoria Chemicals & Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Kanoria Chemicals & Industries's Days Payable falls into.


BOM:506525
43GF Score
Kanoria Chemicals & Industries Ltd BOM:506525
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanoria Chemicals & 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.

Kanoria Chemicals & 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
=( (2280.41 + 1359.9) / 2 ) / 7072.3*365
=1820.155 / 7072.3*365
=93.94

Kanoria Chemicals & 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 + 1359.9) / 1 ) / 2221*365 / 4
=1359.9 / 2221*365 / 4
=55.87

* 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 55.87 mean?
Kanoria Chemicals & Industries (BOM:506525) has a Days Payable of 55.87 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 Kanoria Chemicals & Industries and its competitors. This is 23% below median its historical median of 72.78. Over the past decade, Kanoria Chemicals & Industries' Days Payable has ranged from 55.76 to 153.80. According to the industry distribution chart, Kanoria Chemicals & Industries ranks #713 out of 1553 companies in the Chemicals industry, placing it in the top 45.9%.
Is Kanoria Chemicals & Industries' Days Payable too high?
Kanoria Chemicals & Industries' current Days Payable of 55.87 is 23% below median its 10-year median of 72.78. Over the past 10 years, this metric has ranged from a low of 55.76 to a high of 153.80. The Chemicals industry median Days Payable is 59.59. Kanoria Chemicals & Industries' value of 55.87 is 6.2% below this industry median. Based on the distribution chart, Kanoria Chemicals & Industries ranks #713 out of 1553 companies in the Chemicals industry, which is above the industry midpoint. Overall, Kanoria Chemicals & Industries has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanoria Chemicals & Industries' Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Kanoria Chemicals & Industries ranks #713 out of 1553 companies for Days Payable. This puts Kanoria Chemicals & Industries in the upper half of its industry. The industry median Days Payable is 59.59. Kanoria Chemicals & Industries' value of 55.87 is 6.2% below this benchmark. Historically, Kanoria Chemicals & Industries' own Days Payable has ranged from 55.76 to 153.80 over the past decade. While the company's 10-year median is 72.78 vs. the industry median of 59.59, Kanoria Chemicals & 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.59, based on 1,553 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. Kanoria Chemicals & Industries's current Days Payable of 55.87 is 6.2% 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 Kanoria Chemicals & Industries and its competitors. For the Chemicals industry, the median Days Payable is 59.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanoria Chemicals & Industries's current Days Payable is 55.87, which is 23% below median its own 10-year median of 72.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanoria Chemicals & Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanoria Chemicals & Industries (BOM:506525) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹75.75, compared to a current price of ₹152.00 — trading 100.7% above its estimated fair value. The current Days Payable is 55.87, which is 23% below median its 10-year median of 72.78 and 6.2% below the Chemicals industry median of 59.59. Kanoria Chemicals & Industries' overall GF Score™ is 43/100 with 9 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 Kanoria Chemicals & Industries (BOM:506525), the current Days Payable is 55.87 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 Kanoria Chemicals & Industries (BOM:506525) Overvalued in 2026?

Based on GuruFocus' analysis, Kanoria Chemicals & Industries stock appears to be overvalued. The current stock price of ₹152.00 is trading 100.7% above its estimated GF Value™ of ₹75.75. GuruFocus considers Kanoria Chemicals & Industries to be Significantly Overvalued.

Key valuation signals for BOM:506525:

  • Days Payable: 55.87 (23% below median its 10-year median of 72.78)
  • GF Value™: ₹75.75 vs. price of ₹152.00 (100.7% above fair value)
  • GF Score™: 43/100 with 9 warning signs
  • Industry Position: 6.2% below the Chemicals median (#713 of 1553)

No single metric tells the full story. See the BOM:506525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanoria Chemicals & Industries Business Description

Other Exchanges KANORICHEM:India
Address 21 Barakhamba Road, Indra Prakash, 2nd Floor, New Delhi, IND, 110 001
Kanoria Chemicals & Industries Ltd is an Indian based chemical manufacturer. The company's operating segments include Alco Chemicals, Electronic Automotive, and Textile. It generates maximum revenue from the Electronic Automotive segment. Geographically, the company derives a majority of revenue from Rest of the World.
43GF Score

Get the complete analysis for BOM:506525

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

₹152.00
Price
₹75.75
GF Value