Ishan Dyes and Chemicals (BOM:531109) Days Payable: 23.57 (As of Mar. 2026) — 51% Below Median

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BOM:531109 Ishan Dyes and Chemicals Ltd BOM:531109
62 GF Score
Price ₹52.21
GF Value ₹49.04
Valuation Fairly Valued
! 5 Warning Signs
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What is Ishan Dyes and Chemicals Days Payable?

Ishan Dyes and Chemicals BOM:531109 -3.33% 62 Days Payable is 23.57 as of Mar. 2026, which is 51% below its 10-year median of 48.59. GuruFocus rates BOM:531109 with a GF Score™ of 62/100 and a GF Value™ of ₹49.04 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, Ishan Dyes and Chemicals ranks better than 53.02% on this metric.

Ishan Dyes and Chemicals's average Accounts Payable for the three months ended in Mar. 2026 was ₹56.1 Mil. Ishan Dyes and Chemicals's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹217.0 Mil. Hence, Ishan Dyes and Chemicals's Days Payable for the three months ended in Mar. 2026 was 23.57.

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

BOM:531109' s Days Payable Range Over the Past 10 Years
Min: 30.6   Med: 48.59   Max: 81.91
Current: 62.79

During the past 13 years, Ishan Dyes and Chemicals's highest Days Payable was 81.91. The lowest was 30.60. And the median was 48.59.

BOM:531109's Days Payable is ranked better than
53.02% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs BOM:531109: 62.79

Ishan Dyes and Chemicals's Days Payable declined from Mar. 2025 (152.47) to Mar. 2026 (23.57). It may suggest that Ishan Dyes and Chemicals accelerated paying its suppliers.


Ishan Dyes and Chemicals Days Payable Historical Data

* Premium members only.

The historical data trend for Ishan Dyes and 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.

Ishan Dyes and Chemicals Days Payable Chart

Ishan Dyes and 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 51.04 30.60 46.13 78.39 81.91

Ishan Dyes and 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 152.47 156.02 58.36 19.84 23.57

BOM:531109 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Ishan Dyes and 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.


Ishan Dyes and Chemicals Days Payable vs Chemicals Industry

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

* The bar in red indicates where Ishan Dyes and Chemicals's Days Payable falls into.


BOM:531109
62GF Score
Ishan Dyes and Chemicals Ltd BOM:531109
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ishan Dyes and 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.

Ishan Dyes and 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
=( (199.875 + 56.051) / 2 ) / 570.237*365
=127.963 / 570.237*365
=81.91

Ishan Dyes and 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 + 56.051) / 1 ) / 217.008*365 / 4
=56.051 / 217.008*365 / 4
=23.57

* 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 23.57 mean?
Ishan Dyes and Chemicals (BOM:531109) has a Days Payable of 23.57 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 Ishan Dyes and Chemicals and its competitors. This is 51% below median its historical median of 48.59. Over the past decade, Ishan Dyes and Chemicals' Days Payable has ranged from 30.60 to 81.91. According to the industry distribution chart, Ishan Dyes and Chemicals ranks #730 out of 1554 companies in the Chemicals industry, placing it in the top 47%.
Is Ishan Dyes and Chemicals' Days Payable too high?
Ishan Dyes and Chemicals' current Days Payable of 23.57 is 51% below median its 10-year median of 48.59. Over the past 10 years, this metric has ranged from a low of 30.60 to a high of 81.91. The Chemicals industry median Days Payable is 59.57. Ishan Dyes and Chemicals' value of 23.57 is 60.4% below this industry median. Based on the distribution chart, Ishan Dyes and Chemicals ranks #730 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ishan Dyes and Chemicals has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ishan Dyes and Chemicals' Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Ishan Dyes and Chemicals ranks #730 out of 1554 companies for Days Payable. This puts Ishan Dyes and Chemicals in the upper half of its industry. The industry median Days Payable is 59.57. Ishan Dyes and Chemicals' value of 23.57 is 60.4% below this benchmark. Historically, Ishan Dyes and Chemicals' own Days Payable has ranged from 30.60 to 81.91 over the past decade. While the company's 10-year median is 48.59 vs. the industry median of 59.57, Ishan Dyes and 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 59.57, 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. Ishan Dyes and Chemicals's current Days Payable of 23.57 is 60.4% 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 Ishan Dyes and Chemicals 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. Ishan Dyes and Chemicals's current Days Payable is 23.57, which is 51% below median its own 10-year median of 48.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan Dyes and Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Ishan Dyes and Chemicals (BOM:531109) is currently considered Fairly Valued. The stock's GF Value™ is ₹49.04, compared to a current price of ₹52.21 — trading 6.5% above its estimated fair value. The current Days Payable is 23.57, which is 51% below median its 10-year median of 48.59 and 60.4% below the Chemicals industry median of 59.57. Ishan Dyes and Chemicals' overall GF Score™ is 62/100 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 Ishan Dyes and Chemicals (BOM:531109), the current Days Payable is 23.57 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 Ishan Dyes and Chemicals (BOM:531109) Overvalued in 2026?

Based on GuruFocus' analysis, Ishan Dyes and Chemicals stock appears to be overvalued. The current stock price of ₹52.21 is trading 6.5% above its estimated GF Value™ of ₹49.04. GuruFocus considers Ishan Dyes and Chemicals to be Fairly Valued.

Key valuation signals for BOM:531109:

  • Days Payable: 23.57 (51% below median its 10-year median of 48.59)
  • GF Value™: ₹49.04 vs. price of ₹52.21 (6.5% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 60.4% below the Chemicals median (#730 of 1554)

No single metric tells the full story. See the BOM:531109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishan Dyes and Chemicals Business Description

Other Exchanges ISHANCH:India
Address 18, G.I.D.C Estate, Phase - 1, Vatva, Ahmedabad, GJ, IND, 382 445
Ishan Dyes and Chemicals Ltd is an India-based company that manufactures chemicals. The company's principal product includes Phthalocyanine blue products. It offers various categories of products such as CPC Blue, Pigment Alpha Blues, and Pigment Beta Blue. In addition, the company manufactures a range of solvent dyes that are soluble in organic solvents. It provides phthalocyanine blue pigments for plastics, water-based, and offset inks and paint.
62GF Score

Get the complete analysis for BOM:531109

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

₹52.21
Price
₹49.04
GF Value