Prima Plastics (BOM:530589) Days Payable: 31.17 (As of Mar. 2026) — 14% Above Median

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BOM:530589 Prima Plastics Ltd BOM:530589
74 GF Score
Price ₹124.95
GF Value ₹132.51
Valuation Fairly Valued
! 5 Warning Signs
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What is Prima Plastics Days Payable?

Prima Plastics BOM:530589 +2.84% 74 Days Payable is 31.17 as of Mar. 2026, which is 14% above its 10-year median of 27.38. GuruFocus rates BOM:530589 with a GF Score™ of 74/100 and a GF Value™ of ₹132.51 (Fairly Valued). The stock has 5 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Prima Plastics ranks worse than 81.73% on this metric.

Prima Plastics's average Accounts Payable for the three months ended in Mar. 2026 was ₹80 Mil. Prima Plastics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹233 Mil. Hence, Prima Plastics's Days Payable for the three months ended in Mar. 2026 was 31.17.

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

BOM:530589' s Days Payable Range Over the Past 10 Years
Min: 15.06   Med: 27.38   Max: 36.5
Current: 33.85

During the past 13 years, Prima Plastics's highest Days Payable was 36.50. The lowest was 15.06. And the median was 27.38.

BOM:530589's Days Payable is ranked worse than
81.73% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.03 vs BOM:530589: 33.85

Prima Plastics's Days Payable declined from Mar. 2025 (42.08) to Mar. 2026 (31.17). It may suggest that Prima Plastics accelerated paying its suppliers.


Prima Plastics Days Payable Historical Data

* Premium members only.

The historical data trend for Prima Plastics'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.

Prima Plastics Days Payable Chart

Prima Plastics 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 24.61 29.92 30.87 36.50 36.21

Prima Plastics 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 42.08 38.58 34.73 32.89 31.17

BOM:530589 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Prima Plastics'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.


Prima Plastics Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Prima Plastics's Days Payable distribution charts can be found below:

* The bar in red indicates where Prima Plastics's Days Payable falls into.


BOM:530589
74GF Score
Prima Plastics Ltd BOM:530589
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Prima Plastics 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.

Prima Plastics'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
=( (108.29 + 79.579) / 2 ) / 946.868*365
=93.9345 / 946.868*365
=36.21

Prima Plastics'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 + 79.579) / 1 ) / 232.968*365 / 4
=79.579 / 232.968*365 / 4
=31.17

* 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 31.17 mean?
Prima Plastics (BOM:530589) has a Days Payable of 31.17 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 Prima Plastics and its competitors. This is 14% above median its historical median of 27.38. Over the past decade, Prima Plastics' Days Payable has ranged from 15.06 to 36.50. According to the industry distribution chart, Prima Plastics ranks #340 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 81.7%.
Is Prima Plastics' Days Payable too high?
Prima Plastics' current Days Payable of 31.17 is 14% above median its 10-year median of 27.38. Over the past 10 years, this metric has ranged from a low of 15.06 to a high of 36.50. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.03. Prima Plastics' value of 31.17 is 50.5% below this industry median. Based on the distribution chart, Prima Plastics ranks #340 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Prima Plastics has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prima Plastics' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Prima Plastics ranks #340 out of 416 companies for Days Payable. This places Prima Plastics in the lower half of its industry. The industry median Days Payable is 63.03. Prima Plastics' value of 31.17 is 50.5% below this benchmark. Historically, Prima Plastics' own Days Payable has ranged from 15.06 to 36.50 over the past decade. While the company's 10-year median is 27.38 vs. the industry median of 63.03, Prima Plastics 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.03, based on 416 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. Prima Plastics's current Days Payable of 31.17 is 50.5% 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 Prima Plastics and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prima Plastics's current Days Payable is 31.17, which is 14% above median its own 10-year median of 27.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Plastics stock overvalued right now?
Based on GuruFocus' analysis, Prima Plastics (BOM:530589) is currently considered Fairly Valued. The stock's GF Value™ is ₹132.51, compared to a current price of ₹124.95 — trading 5.7% below its estimated fair value. The current Days Payable is 31.17, which is 14% above median its 10-year median of 27.38 and 50.5% below the Furnishings, Fixtures & Appliances industry median of 63.03. Prima Plastics' 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 Prima Plastics (BOM:530589), the current Days Payable is 31.17 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 Prima Plastics (BOM:530589) Overvalued in 2026?

Based on GuruFocus' analysis, Prima Plastics stock appears to be undervalued. The current stock price of ₹124.95 is trading 5.7% below its estimated GF Value™ of ₹132.51. GuruFocus considers Prima Plastics to be Fairly Valued.

Key valuation signals for BOM:530589:

  • Days Payable: 31.17 (14% above median its 10-year median of 27.38)
  • GF Value™: ₹132.51 vs. price of ₹124.95 (5.7% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 50.5% below the Furnishings, Fixtures & Appliances median (#340 of 416)

No single metric tells the full story. See the BOM:530589 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prima Plastics Business Description

Address Saki Vihar Road, No. 41, National House, Opposite Ansa A Building, Powai, Andheri (East), Mumbai, MH, IND, 400072
Prima Plastics Ltd is an India-based company that designs and manufactures plastic molded furniture, including chairs, baby chairs, dining tables, stools, and teapoys, in various colors. The company's products are used by the hotel, restaurant, household, swimming, and garden industry. The company generates the majority of its revenue from domestic sales.
74GF Score

Get the complete analysis for BOM:530589

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

₹124.95
Price
₹132.51
GF Value