Sukhjit Starch & Chemicals (BOM:524542) Days Payable: 23.37 (As of Mar. 2026) — Near Median

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BOM:524542 Sukhjit Starch & Chemicals Ltd BOM:524542
74 GF Score
Price ₹160.50
GF Value ₹209.83
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Sukhjit Starch & Chemicals Days Payable?

Sukhjit Starch & Chemicals BOM:524542 -1.26% 74 Days Payable is 23.37 as of Mar. 2026, which is 8% above its 10-year median of 21.70. GuruFocus rates BOM:524542 with a GF Score™ of 74/100 and a GF Value™ of ₹209.83 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,555 Chemicals companies, Sukhjit Starch & Chemicals ranks worse than 81.35% on this metric.

Sukhjit Starch & Chemicals's average Accounts Payable for the three months ended in Mar. 2026 was ₹762 Mil. Sukhjit Starch & Chemicals's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,977 Mil. Hence, Sukhjit Starch & Chemicals's Days Payable for the three months ended in Mar. 2026 was 23.37.

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

BOM:524542' s Days Payable Range Over the Past 10 Years
Min: 17.2   Med: 21.7   Max: 28.96
Current: 28.56

During the past 13 years, Sukhjit Starch & Chemicals's highest Days Payable was 28.96. The lowest was 17.20. And the median was 21.70.

BOM:524542's Days Payable is ranked worse than
81.35% of 1555 companies
in the Chemicals industry
Industry Median: 59.59 vs BOM:524542: 28.56

Sukhjit Starch & Chemicals's Days Payable declined from Mar. 2025 (25.82) to Mar. 2026 (23.37). It may suggest that Sukhjit Starch & Chemicals accelerated paying its suppliers.


Sukhjit Starch & Chemicals Days Payable Historical Data

* Premium members only.

The historical data trend for Sukhjit Starch & Chemicals'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.

Sukhjit Starch & Chemicals Days Payable Chart

Sukhjit Starch & Chemicals 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 20.38 17.20 21.48 25.38 26.63

Sukhjit Starch & Chemicals 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 25.82 25.16 37.87 34.23 23.37

BOM:524542 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Sukhjit Starch & Chemicals'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.


Sukhjit Starch & Chemicals Days Payable vs Chemicals Industry

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

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


BOM:524542
74GF Score
Sukhjit Starch & Chemicals Ltd BOM:524542
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sukhjit Starch & Chemicals 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.

Sukhjit Starch & Chemicals'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
=( (775.642 + 762.2) / 2 ) / 10540.6*365
=768.921 / 10540.6*365
=26.63

Sukhjit Starch & Chemicals'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 + 762.2) / 1 ) / 2976.6*365 / 4
=762.2 / 2976.6*365 / 4
=23.37

* 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 23.37 mean?
Sukhjit Starch & Chemicals (BOM:524542) has a Days Payable of 23.37 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 Sukhjit Starch & Chemicals and its competitors. This is near median its historical median of 21.70. Over the past decade, Sukhjit Starch & Chemicals' Days Payable has ranged from 17.20 to 28.96. According to the industry distribution chart, Sukhjit Starch & Chemicals ranks #1265 out of 1555 companies in the Chemicals industry, placing it in the top 81.4%.
Is Sukhjit Starch & Chemicals' Days Payable too high?
Sukhjit Starch & Chemicals' current Days Payable of 23.37 is near median its 10-year median of 21.70. Over the past 10 years, this metric has ranged from a low of 17.20 to a high of 28.96. The Chemicals industry median Days Payable is 59.59. Sukhjit Starch & Chemicals' value of 23.37 is 60.8% below this industry median. Based on the distribution chart, Sukhjit Starch & Chemicals ranks #1265 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sukhjit Starch & Chemicals has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sukhjit Starch & Chemicals' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sukhjit Starch & Chemicals ranks #1265 out of 1555 companies for Days Payable. This places Sukhjit Starch & Chemicals in the lower half of its industry. The industry median Days Payable is 59.59. Sukhjit Starch & Chemicals' value of 23.37 is 60.8% below this benchmark. Historically, Sukhjit Starch & Chemicals' own Days Payable has ranged from 17.20 to 28.96 over the past decade. While the company's 10-year median is 21.70 vs. the industry median of 59.59, Sukhjit Starch & Chemicals 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. Sukhjit Starch & Chemicals's current Days Payable of 23.37 is 60.8% 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 Sukhjit Starch & Chemicals 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. Sukhjit Starch & Chemicals's current Days Payable is 23.37, which is near median its own 10-year median of 21.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sukhjit Starch & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Sukhjit Starch & Chemicals (BOM:524542) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹209.83, compared to a current price of ₹160.50 — trading 23.5% below its estimated fair value. The current Days Payable is 23.37, which is near median its 10-year median of 21.70 and 60.8% below the Chemicals industry median of 59.59. Sukhjit Starch & Chemicals' overall GF Score™ is 74/100 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 Sukhjit Starch & Chemicals (BOM:524542), the current Days Payable is 23.37 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 Sukhjit Starch & Chemicals (BOM:524542) Overvalued in 2026?

Based on GuruFocus' analysis, Sukhjit Starch & Chemicals stock appears to be undervalued. The current stock price of ₹160.50 is trading 23.5% below its estimated GF Value™ of ₹209.83. GuruFocus considers Sukhjit Starch & Chemicals to be Modestly Undervalued.

Key valuation signals for BOM:524542:

  • Days Payable: 23.37 (near median its 10-year median of 21.70)
  • GF Value™: ₹209.83 vs. price of ₹160.50 (23.5% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 60.8% below the Chemicals median (#1265 of 1555)

No single metric tells the full story. See the BOM:524542 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sukhjit Starch & Chemicals Business Description

Other Exchanges SUKHJITS:India
Address Sarai Road, Kapurthala District, Phagwara, PB, IND, 144401
Sukhjit Starch & Chemicals Ltd is an India-based manufacturer of starch and its derivatives. The company's operation is divided into four segments namely Starch & its derivatives, Readymade garments, Leasing & hire purchase financing, and Manufacturing of heavy machinery. It derives key revenue from Starch and its derivatives business division. The company products include Maize Starch, Monohydrate Dextrose, Sorbitol 70%, Anhydrous Dextrose, Liquid Glucose, High Maltose Syrup, Malto Dextrin Powder, Modified Starch, Maize Gluten, Maize Germ, Maize Oil, and Maize Bran.
74GF Score

Get the complete analysis for BOM:524542

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

₹160.50
Price
₹209.83
GF Value