Narmada Gelatines (BOM:526739) Days Payable: 34.03 (As of Mar. 2026) — 31% Below Median

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BOM:526739 Narmada Gelatines Ltd BOM:526739
70 GF Score
Price ₹505.25
GF Value ₹441.53
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Narmada Gelatines Days Payable?

Narmada Gelatines BOM:526739 +0.90% 70 Days Payable is 34.03 as of Mar. 2026, which is 31% below its 10-year median of 48.97. GuruFocus rates BOM:526739 with a GF Score™ of 70/100 and a GF Value™ of ₹441.53 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, Narmada Gelatines ranks worse than 64.16% on this metric.

Narmada Gelatines's average Accounts Payable for the three months ended in Mar. 2026 was ₹124 Mil. Narmada Gelatines's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹331 Mil. Hence, Narmada Gelatines's Days Payable for the three months ended in Mar. 2026 was 34.03.

The historical rank and industry rank for Narmada Gelatines's Days Payable or its related term are showing as below:

BOM:526739' s Days Payable Range Over the Past 10 Years
Min: 37.68   Med: 48.97   Max: 60.01
Current: 45.97

During the past 13 years, Narmada Gelatines's highest Days Payable was 60.01. The lowest was 37.68. And the median was 48.97.

BOM:526739's Days Payable is ranked worse than
64.16% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs BOM:526739: 45.97

Narmada Gelatines's Days Payable declined from Mar. 2025 (56.25) to Mar. 2026 (34.03). It may suggest that Narmada Gelatines accelerated paying its suppliers.


Narmada Gelatines Days Payable Historical Data

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The historical data trend for Narmada Gelatines'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.

Narmada Gelatines Days Payable Chart

Narmada Gelatines 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 56.05 45.31 47.16 51.92 46.73

Narmada Gelatines 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 56.25 65.13 45.61 41.73 34.03

BOM:526739 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Narmada Gelatines'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.


Narmada Gelatines Days Payable vs Chemicals Industry

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

* The bar in red indicates where Narmada Gelatines's Days Payable falls into.


BOM:526739
70GF Score
Narmada Gelatines Ltd BOM:526739
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmada Gelatines 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.

Narmada Gelatines'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
=( (171.871 + 123.54) / 2 ) / 1153.777*365
=147.7055 / 1153.777*365
=46.73

Narmada Gelatines'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 + 123.54) / 1 ) / 331.3*365 / 4
=123.54 / 331.3*365 / 4
=34.03

* 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 34.03 mean?
Narmada Gelatines (BOM:526739) has a Days Payable of 34.03 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 Narmada Gelatines and its competitors. This is 31% below median its historical median of 48.97. Over the past decade, Narmada Gelatines' Days Payable has ranged from 37.68 to 60.01. According to the industry distribution chart, Narmada Gelatines ranks #997 out of 1554 companies in the Chemicals industry, placing it in the top 64.2%.
Is Narmada Gelatines' Days Payable too high?
Narmada Gelatines' current Days Payable of 34.03 is 31% below median its 10-year median of 48.97. Over the past 10 years, this metric has ranged from a low of 37.68 to a high of 60.01. The Chemicals industry median Days Payable is 59.57. Narmada Gelatines' value of 34.03 is 42.9% below this industry median. Based on the distribution chart, Narmada Gelatines ranks #997 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Narmada Gelatines has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Gelatines' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Narmada Gelatines ranks #997 out of 1554 companies for Days Payable. This places Narmada Gelatines in the lower half of its industry. The industry median Days Payable is 59.57. Narmada Gelatines' value of 34.03 is 42.9% below this benchmark. Historically, Narmada Gelatines' own Days Payable has ranged from 37.68 to 60.01 over the past decade. While the company's 10-year median is 48.97 vs. the industry median of 59.57, Narmada Gelatines 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 59.57, based on 1,554 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. Narmada Gelatines's current Days Payable of 34.03 is 42.9% 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 Narmada Gelatines and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Gelatines's current Days Payable is 34.03, which is 31% below median its own 10-year median of 48.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Gelatines stock overvalued right now?
Based on GuruFocus' analysis, Narmada Gelatines (BOM:526739) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹441.53, compared to a current price of ₹505.25 — trading 14.4% above its estimated fair value. The current Days Payable is 34.03, which is 31% below median its 10-year median of 48.97 and 42.9% below the Chemicals industry median of 59.57. Narmada Gelatines' overall GF Score™ is 70/100 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 Narmada Gelatines (BOM:526739), the current Days Payable is 34.03 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 Narmada Gelatines (BOM:526739) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Gelatines stock appears to be overvalued. The current stock price of ₹505.25 is trading 14.4% above its estimated GF Value™ of ₹441.53. GuruFocus considers Narmada Gelatines to be Modestly Overvalued.

Key valuation signals for BOM:526739:

  • Days Payable: 34.03 (31% below median its 10-year median of 48.97)
  • GF Value™: ₹441.53 vs. price of ₹505.25 (14.4% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 42.9% below the Chemicals median (#997 of 1554)

No single metric tells the full story. See the BOM:526739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Gelatines Business Description

Address 15 Civil Lines, Post Box No. 91, Caravs Building, 1st Floor, Room No 28, Jabalpur, MP, IND, 482001
Narmada Gelatines Ltd manufactures and sells Ossein, Gelatine, and by-product Di-calcium Phosphate (DCP) from its Jabalpur facility. Gelatine, a natural animal protein derived from collagen in animal bones, especially bovine bones, is composed of essential amino acids and used in pharmaceuticals, food, photographic, and technical industries. The company operates mainly in India and exports internationally, with domestic sales forming the majority of its revenue. Gelatine and its related products form the company's main operating segment.
70GF Score

Get the complete analysis for BOM:526739

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

₹505.25
Price
₹441.53
GF Value