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Ecoboard IndustriesBOM:523732 -5.84%34 Days Payable is 172.41 as of Mar. 2026, which is 8% below its 10-year median of 186.96. GuruFocus rates BOM:523732 with a GF Score™ of 34/100 and a GF Value™ of ₹20.69 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 276 Forest Products companies, Ecoboard Industries ranks better than 93.84% on this metric.
The historical rank and industry rank for Ecoboard Industries's Days Payable or its related term are showing as below:
BOM:523732'
s Days Payable Range Over the Past 10 Years
Min: 73.35 Med: 186.96 Max: 489.65
Current: 233.12
During the past 13 years, Ecoboard Industries's highest Days Payable was 489.65. The lowest was 73.35. And the median was 186.96.
BOM:523732's Days Payable is ranked better than 93.84% of 276
companies
in the Forest Products industry
Industry Median: 56.48
vs BOM:523732: 233.12
Ecoboard Industries's Days Payable
declined
from Mar. 2025 (548.53) to Mar. 2026 (172.41).
It may suggest that Ecoboard Industriesaccelerated paying its suppliers.
Ecoboard Industries Days Payable Related Terms
Ecoboard Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Ecoboard 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.
BOM:523732 vs SSD, UFPI, BCC: Days Payable Comparison
For the Lumber & Wood Production subindustry, Ecoboard 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.
Ecoboard Industries Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Ecoboard Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Ecoboard Industries'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.
Ecoboard Industries'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.
Ecoboard Industries (BOM:523732) has a Days Payable of 172.41 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 Ecoboard Industries and its competitors. This is near median its historical median of 186.96. Over the past decade, Ecoboard Industries' Days Payable has ranged from 73.35 to 489.65. According to the industry distribution chart, Ecoboard Industries ranks #17 out of 276 companies in the Forest Products industry, placing it in the top 6.2%.
Is Ecoboard Industries' Days Payable too high?
Ecoboard Industries' current Days Payable of 172.41 is near median its 10-year median of 186.96. Over the past 10 years, this metric has ranged from a low of 73.35 to a high of 489.65. The Forest Products industry median Days Payable is 56.48. Ecoboard Industries' value of 172.41 is 205.3% above this industry median. Based on the distribution chart, Ecoboard Industries ranks #17 out of 276 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ecoboard Industries has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecoboard Industries' Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Ecoboard Industries ranks #17 out of 276 companies for Days Payable. This places Ecoboard Industries in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.48. Ecoboard Industries' value of 172.41 is 205.3% above this benchmark. Historically, Ecoboard Industries' own Days Payable has ranged from 73.35 to 489.65 over the past decade. While the company's 10-year median is 186.96 vs. the industry median of 56.48, Ecoboard Industries 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.48, based on 276 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. Ecoboard Industries's current Days Payable of 172.41 is 205.3% 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 Ecoboard Industries and its competitors. For the Forest Products industry, the median Days Payable is 56.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoboard Industries's current Days Payable is 172.41, which is near median its own 10-year median of 186.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoboard Industries stock overvalued right now?
Based on GuruFocus' analysis, Ecoboard Industries (BOM:523732) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.69, compared to a current price of ₹54.94 — trading 165.5% above its estimated fair value. The current Days Payable is 172.41, which is near median its 10-year median of 186.96 and 205.3% above the Forest Products industry median of 56.48. Ecoboard Industries' overall GF Score™ is 34/100 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 Ecoboard Industries (BOM:523732), the current Days Payable is 172.41 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 Ecoboard Industries (BOM:523732) Overvalued in 2026?
Based on GuruFocus' analysis, Ecoboard Industries stock appears to be overvalued.
The current stock price of ₹54.94 is trading 165.5% above its estimated GF Value™ of ₹20.69.
GuruFocus considers Ecoboard Industries to be Significantly Overvalued.
Key valuation signals for BOM:523732:
Days Payable: 172.41 (near median its 10-year median of 186.96)
GF Value™: ₹20.69 vs. price of ₹54.94 (165.5% above fair value)
Industry Position: 205.3% above the Forest Products median (#17 of 276)
No single metric tells the full story. See the BOM:523732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ecoboard Industries Ltd manufactures and sells laminated particle boards in India. It has two business divisions: EcoBuild and EcoEnergy. The company's EcoBuild division is engaged in providing particle boards made from agri-residues mainly bagasse which have application in internal walls, internal ceilings, doors, structural flooring, shelves, etc. Its EcoEnergy division is engaged in providing clean energy solutions through wastewater treatment plants for distilleries and other industries. The company's particle boards are marketed under the brand name of Ecoboard. The firm has the following reportable segments; the Eco Energy (Bio Systems) segment which derives maximum revenue, and the Eco Build (Particle Boards) segment.
34GF Score
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