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Ashish PolyplastBOM:530429 -0.72%55 Days Payable is 21.74 as of Jun. 2026, which is 17% above its 10-year median of 18.66. GuruFocus rates BOM:530429 with a GF Score™ of 55/100 and a GF Value™ of ₹33.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,566 Chemicals companies, Ashish Polyplast ranks worse than 92.91% on this metric.
The historical rank and industry rank for Ashish Polyplast's Days Payable or its related term are showing as below:
BOM:530429'
s Days Payable Range Over the Past 10 Years
Min: 12.15 Med: 18.66 Max: 33.33
Current: 16.8
During the past 13 years, Ashish Polyplast's highest Days Payable was 33.33. The lowest was 12.15. And the median was 18.66.
BOM:530429's Days Payable is ranked worse than 92.91% of 1566
companies
in the Chemicals industry
Industry Median: 59.26
vs BOM:530429: 16.80
Ashish Polyplast's Days Payable
increased
from Jun. 2025 (14.31) to Jun. 2026 (21.74).
It may suggest that Ashish Polyplastdelayed paying its suppliers.
The historical data trend for Ashish Polyplast'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:530429 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Ashish Polyplast'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.
Ashish Polyplast Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ashish Polyplast's Days Payable distribution charts can be found below:
* The bar in red indicates where Ashish Polyplast'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.
Ashish Polyplast'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.
Ashish Polyplast (BOM:530429) has a Days Payable of 21.74 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ashish Polyplast and its competitors. This is 17% above median its historical median of 18.66. Over the past decade, Ashish Polyplast's Days Payable has ranged from 12.15 to 33.33. According to the industry distribution chart, Ashish Polyplast ranks #1455 out of 1566 companies in the Chemicals industry, placing it in the top 92.9%.
Is Ashish Polyplast's Days Payable too high?
Ashish Polyplast's current Days Payable of 21.74 is 17% above median its 10-year median of 18.66. Over the past 10 years, this metric has ranged from a low of 12.15 to a high of 33.33. The Chemicals industry median Days Payable is 59.26. Ashish Polyplast's value of 21.74 is 63.3% below this industry median. Based on the distribution chart, Ashish Polyplast ranks #1455 out of 1566 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ashish Polyplast has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashish Polyplast's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ashish Polyplast ranks #1455 out of 1566 companies for Days Payable. This places Ashish Polyplast in the lower half of its industry. The industry median Days Payable is 59.26. Ashish Polyplast's value of 21.74 is 63.3% below this benchmark. Historically, Ashish Polyplast's own Days Payable has ranged from 12.15 to 33.33 over the past decade. While the company's 10-year median is 18.66 vs. the industry median of 59.26, Ashish Polyplast 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 59.26, based on 1,566 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. Ashish Polyplast's current Days Payable of 21.74 is 63.3% 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 Ashish Polyplast and its competitors. For the Chemicals industry, the median Days Payable is 59.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashish Polyplast's current Days Payable is 21.74, which is 17% above median its own 10-year median of 18.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashish Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Ashish Polyplast (BOM:530429) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.31, compared to a current price of ₹28.88 — trading 13.3% below its estimated fair value. The current Days Payable is 21.74, which is 17% above median its 10-year median of 18.66 and 63.3% below the Chemicals industry median of 59.26. Ashish Polyplast's overall GF Score™ is 55/100 with 2 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 Ashish Polyplast (BOM:530429), the current Days Payable is 21.74 as of Jun. 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 Ashish Polyplast (BOM:530429) Overvalued in 2026?
Based on GuruFocus' analysis, Ashish Polyplast stock appears to be undervalued.
The current stock price of ₹28.88 is trading 13.3% below its estimated GF Value™ of ₹33.31.
GuruFocus considers Ashish Polyplast to be Modestly Undervalued.
Key valuation signals for BOM:530429:
Days Payable: 21.74 (17% above median its 10-year median of 18.66)
GF Value™: ₹33.31 vs. price of ₹28.88 (13.3% below fair value)
Industry Position: 63.3% below the Chemicals median (#1455 of 1566)
No single metric tells the full story. See the BOM:530429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashish Polyplast Ltd is an India-based company principally engaged in the manufacturing of polyvinyl chloride (PVC) pipes. It manufactures and exports braided hoses and flexible PVC hoses. The Company has only one segment, which is PVC Pipes and majorly operates in the domestic market. The company's product portfolio includes Braided hose, Flexible duct hose, Flexible heavy-duty suction and delivery hose, and other related products.
55GF Score
Get the complete analysis for BOM:530429
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