Organic Coatings (BOM:531157) Days Payable: 155.60 (As of Mar. 2026) — 40% Above Median

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BOM:531157 Organic Coatings Ltd BOM:531157
50 GF Score
Price ₹17.92
GF Value ₹13.01
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Organic Coatings Days Payable?

Organic Coatings BOM:531157 -4.98% 50 Days Payable is 155.60 as of Mar. 2026, which is 40% above its 10-year median of 111.51. GuruFocus rates BOM:531157 with a GF Score™ of 50/100 and a GF Value™ of ₹13.01 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,555 Chemicals companies, Organic Coatings ranks better than 89.71% on this metric.

Organic Coatings's average Accounts Payable for the three months ended in Mar. 2026 was ₹119.7 Mil. Organic Coatings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹70.2 Mil. Hence, Organic Coatings's Days Payable for the three months ended in Mar. 2026 was 155.60.

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

BOM:531157' s Days Payable Range Over the Past 10 Years
Min: 86.48   Med: 111.51   Max: 160.38
Current: 159.92

During the past 13 years, Organic Coatings's highest Days Payable was 160.38. The lowest was 86.48. And the median was 111.51.

BOM:531157's Days Payable is ranked better than
89.71% of 1555 companies
in the Chemicals industry
Industry Median: 59.87 vs BOM:531157: 159.92

Organic Coatings's Days Payable increased from Mar. 2025 (110.56) to Mar. 2026 (155.60). It may suggest that Organic Coatings delayed paying its suppliers.


Organic Coatings Days Payable Historical Data

* Premium members only.

The historical data trend for Organic Coatings'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.

Organic Coatings Days Payable Chart

Organic Coatings 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 109.94 113.07 91.35 102.15 160.38

Organic Coatings 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 110.56 96.79 208.96 207.65 155.60

BOM:531157 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Organic Coatings'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.


Organic Coatings Days Payable vs Chemicals Industry

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

* The bar in red indicates where Organic Coatings's Days Payable falls into.


BOM:531157
50GF Score
Organic Coatings Ltd BOM:531157
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Organic Coatings 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.

Organic Coatings'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
=( (58.681 + 119.733) / 2 ) / 203.021*365
=89.207 / 203.021*365
=160.38

Organic Coatings'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 + 119.733) / 1 ) / 70.214*365 / 4
=119.733 / 70.214*365 / 4
=155.60

* 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 155.60 mean?
Organic Coatings (BOM:531157) has a Days Payable of 155.60 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 Organic Coatings and its competitors. This is 40% above median its historical median of 111.51. Over the past decade, Organic Coatings' Days Payable has ranged from 86.48 to 160.38. According to the industry distribution chart, Organic Coatings ranks #160 out of 1555 companies in the Chemicals industry, placing it in the top 10.3%.
Is Organic Coatings' Days Payable too high?
Organic Coatings' current Days Payable of 155.60 is 40% above median its 10-year median of 111.51. Over the past 10 years, this metric has ranged from a low of 86.48 to a high of 160.38. The Chemicals industry median Days Payable is 59.87. Organic Coatings' value of 155.60 is 159.9% above this industry median. Based on the distribution chart, Organic Coatings ranks #160 out of 1555 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Organic Coatings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Organic Coatings' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Organic Coatings ranks #160 out of 1555 companies for Days Payable. This places Organic Coatings in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.87. Organic Coatings' value of 155.60 is 159.9% above this benchmark. Historically, Organic Coatings' own Days Payable has ranged from 86.48 to 160.38 over the past decade. While the company's 10-year median is 111.51 vs. the industry median of 59.87, Organic Coatings has consistently been above 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 59.87, 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. Organic Coatings's current Days Payable of 155.60 is 159.9% above 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 Organic Coatings and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Organic Coatings's current Days Payable is 155.60, which is 40% above median its own 10-year median of 111.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organic Coatings stock overvalued right now?
Based on GuruFocus' analysis, Organic Coatings (BOM:531157) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹13.01, compared to a current price of ₹17.92 — trading 37.7% above its estimated fair value. The current Days Payable is 155.60, which is 40% above median its 10-year median of 111.51 and 159.9% above the Chemicals industry median of 59.87. Organic Coatings' overall GF Score™ is 50/100 with 3 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 Organic Coatings (BOM:531157), the current Days Payable is 155.60 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 Organic Coatings (BOM:531157) Overvalued in 2026?

Based on GuruFocus' analysis, Organic Coatings stock appears to be overvalued. The current stock price of ₹17.92 is trading 37.7% above its estimated GF Value™ of ₹13.01. GuruFocus considers Organic Coatings to be Significantly Overvalued.

Key valuation signals for BOM:531157:

  • Days Payable: 155.60 (40% above median its 10-year median of 111.51)
  • GF Value™: ₹13.01 vs. price of ₹17.92 (37.7% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 159.9% above the Chemicals median (#160 of 1555)

No single metric tells the full story. See the BOM:531157 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Organic Coatings Business Description

Address Unit No.405, Atlanta Estate Premises Co-op. Soc. Ltd, Vitth Bhatti, Near Virwani Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063
Organic Coatings Ltd is a chemical manufacturing company in India. It is engaged in the business of manufacturing and trading of printing inks and allied products. It offers offset ink products, including web offset publications and heat set inks; UV inks for dry offset, flexo, wet offset-sheetfed and web, and silkscreen applications; water-based flexo inks; Security inks and Specialty Inks. Geographically the company caters its products across India and to other countries. It operates through one segment that is Printing Ink and auxiliaries and generates revenue from the same.
50GF Score

Get the complete analysis for BOM:531157

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

₹17.92
Price
₹13.01
GF Value