Nitta Gelatin India (BOM:506532) Days Payable: 50.61 (As of Mar. 2026) — 18% Above Median

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BOM:506532 Nitta Gelatin India Ltd BOM:506532
55 GF Score
Price ₹1,910.20
GF Value ₹868.64
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nitta Gelatin India Days Payable?

Nitta Gelatin India BOM:506532 -1.43% 55 Days Payable is 50.61 as of Mar. 2026, which is 18% above its 10-year median of 42.87. GuruFocus rates BOM:506532 with a GF Score™ of 55/100 and a GF Value™ of ₹868.64 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,555 Chemicals companies, Nitta Gelatin India ranks worse than 67.4% on this metric.

Nitta Gelatin India's average Accounts Payable for the three months ended in Mar. 2026 was ₹381 Mil. Nitta Gelatin India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹687 Mil. Hence, Nitta Gelatin India's Days Payable for the three months ended in Mar. 2026 was 50.61.

The historical rank and industry rank for Nitta Gelatin India's Days Payable or its related term are showing as below:

BOM:506532' s Days Payable Range Over the Past 10 Years
Min: 28.58   Med: 42.87   Max: 58.7
Current: 42.45

During the past 13 years, Nitta Gelatin India's highest Days Payable was 58.70. The lowest was 28.58. And the median was 42.87.

BOM:506532's Days Payable is ranked worse than
67.4% of 1555 companies
in the Chemicals industry
Industry Median: 59.59 vs BOM:506532: 42.45

Nitta Gelatin India's Days Payable increased from Mar. 2025 (40.97) to Mar. 2026 (50.61). It may suggest that Nitta Gelatin India delayed paying its suppliers.


Nitta Gelatin India Days Payable Historical Data

* Premium members only.

The historical data trend for Nitta Gelatin 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.

Nitta Gelatin India Days Payable Chart

Nitta Gelatin 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 28.58 33.55 42.82 38.60 42.91

Nitta Gelatin India 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 40.97 37.15 37.93 37.75 50.61

BOM:506532 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Nitta Gelatin 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.


Nitta Gelatin India Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitta Gelatin India's Days Payable distribution charts can be found below:

* The bar in red indicates where Nitta Gelatin India's Days Payable falls into.


BOM:506532
55GF Score
Nitta Gelatin India Ltd BOM:506532
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitta Gelatin 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.

Nitta Gelatin 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
=( (263.38 + 380.898) / 2 ) / 2740.041*365
=322.139 / 2740.041*365
=42.91

Nitta Gelatin 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 380.898) / 1 ) / 686.733*365 / 4
=380.898 / 686.733*365 / 4
=50.61

* 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 50.61 mean?
Nitta Gelatin India (BOM:506532) has a Days Payable of 50.61 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 Nitta Gelatin India and its competitors. This is 18% above median its historical median of 42.87. Over the past decade, Nitta Gelatin India's Days Payable has ranged from 28.58 to 58.70. According to the industry distribution chart, Nitta Gelatin India ranks #1048 out of 1555 companies in the Chemicals industry, placing it in the top 67.4%.
Is Nitta Gelatin India's Days Payable too high?
Nitta Gelatin India's current Days Payable of 50.61 is 18% above median its 10-year median of 42.87. Over the past 10 years, this metric has ranged from a low of 28.58 to a high of 58.70. The Chemicals industry median Days Payable is 59.59. Nitta Gelatin India's value of 50.61 is 15.1% below this industry median. Based on the distribution chart, Nitta Gelatin India ranks #1048 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nitta Gelatin India has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta Gelatin India's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nitta Gelatin India ranks #1048 out of 1555 companies for Days Payable. This places Nitta Gelatin India in the lower half of its industry. The industry median Days Payable is 59.59. Nitta Gelatin India's value of 50.61 is 15.1% below this benchmark. Historically, Nitta Gelatin India's own Days Payable has ranged from 28.58 to 58.70 over the past decade. While the company's 10-year median is 42.87 vs. the industry median of 59.59, Nitta Gelatin India 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 1,555 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. Nitta Gelatin India's current Days Payable of 50.61 is 15.1% 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 Nitta Gelatin India 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. Nitta Gelatin India's current Days Payable is 50.61, which is 18% above median its own 10-year median of 42.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta Gelatin India stock overvalued right now?
Based on GuruFocus' analysis, Nitta Gelatin India (BOM:506532) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹868.64, compared to a current price of ₹1,910.20 — trading 119.9% above its estimated fair value. The current Days Payable is 50.61, which is 18% above median its 10-year median of 42.87 and 15.1% below the Chemicals industry median of 59.59. Nitta Gelatin India's overall GF Score™ is 55/100 with 5 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 Nitta Gelatin India (BOM:506532), the current Days Payable is 50.61 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 Nitta Gelatin India (BOM:506532) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta Gelatin India stock appears to be overvalued. The current stock price of ₹1,910.20 is trading 119.9% above its estimated GF Value™ of ₹868.64. GuruFocus considers Nitta Gelatin India to be Significantly Overvalued.

Key valuation signals for BOM:506532:

  • Days Payable: 50.61 (18% above median its 10-year median of 42.87)
  • GF Value™: ₹868.64 vs. price of ₹1,910.20 (119.9% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 15.1% below the Chemicals median (#1048 of 1555)

No single metric tells the full story. See the BOM:506532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitta Gelatin India Business Description

Other Exchanges NITTAGELA:India
Address 56/715, SBT Avenue, Post Box No. 4262, Panampilly Nagar, Kochi, KL, IND, 682 036
Nitta Gelatin India Ltd is an India-based manufacturer and seller of Gelatin, Di-Calcium Phosphate, Ossein, and Collagen peptides. The company's product range includes Gelatin for pharmaceuticals and food applications, Wellnex collagen peptides for joint health and skin beauty, Di-Calcium Phosphate as a poultry feed ingredient, NutriGold as an agricultural growth promoter, and Ossein and Chitosan for agricultural and industrial applications. Geographically, the company sells its products in India and other countries.
55GF Score

Get the complete analysis for BOM:506532

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

₹1,910.20
Price
₹868.64
GF Value