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Associated CeramicsBOM:531168 -0.44%63 Days Payable is 54.10 as of Mar. 2026, which is 11% below its 10-year median of 60.48. GuruFocus rates BOM:531168 with a GF Score™ of 63/100 and a GF Value™ of ₹228.54 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 396 Building Materials companies, Associated Ceramics ranks worse than 53.03% on this metric.
The historical rank and industry rank for Associated Ceramics's Days Payable or its related term are showing as below:
BOM:531168'
s Days Payable Range Over the Past 10 Years
Min: 40.36 Med: 60.48 Max: 114.51
Current: 66.52
During the past 12 years, Associated Ceramics's highest Days Payable was 114.51. The lowest was 40.36. And the median was 60.48.
BOM:531168's Days Payable is ranked worse than 53.03% of 396
companies
in the Building Materials industry
Industry Median: 69.55
vs BOM:531168: 66.52
Associated Ceramics's Days Payable
increased
from Mar. 2025 (52.85) to Mar. 2026 (54.10).
It may suggest that Associated Ceramicsdelayed paying its suppliers.
Associated Ceramics Days Payable Related Terms
Associated Ceramics Days Payable Historical Data
* Premium members only.
The historical data trend for Associated Ceramics'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:531168 vs CRH, VMC, MLM: Days Payable Comparison
For the Building Materials subindustry, Associated Ceramics'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.
Associated Ceramics Days Payable vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Associated Ceramics's Days Payable distribution charts can be found below:
* The bar in red indicates where Associated Ceramics'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.
Associated Ceramics'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.
Associated Ceramics (BOM:531168) has a Days Payable of 54.10 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 Associated Ceramics and its competitors. This is 11% below median its historical median of 60.48. Over the past decade, Associated Ceramics' Days Payable has ranged from 40.36 to 114.51. According to the industry distribution chart, Associated Ceramics ranks #210 out of 396 companies in the Building Materials industry, placing it in the top 53%.
Is Associated Ceramics' Days Payable too high?
Associated Ceramics' current Days Payable of 54.10 is 11% below median its 10-year median of 60.48. Over the past 10 years, this metric has ranged from a low of 40.36 to a high of 114.51. The Building Materials industry median Days Payable is 69.55. Associated Ceramics' value of 54.10 is 22.2% below this industry median. Based on the distribution chart, Associated Ceramics ranks #210 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, Associated Ceramics has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated Ceramics' Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Associated Ceramics ranks #210 out of 396 companies for Days Payable. This places Associated Ceramics in the lower half of its industry. The industry median Days Payable is 69.55. Associated Ceramics' value of 54.10 is 22.2% below this benchmark. Historically, Associated Ceramics' own Days Payable has ranged from 40.36 to 114.51 over the past decade. While the company's 10-year median is 60.48 vs. the industry median of 69.55, Associated Ceramics 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.55, based on 396 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. Associated Ceramics's current Days Payable of 54.10 is 22.2% 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 Associated Ceramics and its competitors. For the Building Materials industry, the median Days Payable is 69.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Ceramics's current Days Payable is 54.10, which is 11% below median its own 10-year median of 60.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Associated Ceramics (BOM:531168) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹228.54, compared to a current price of ₹170.35 — trading 25.5% below its estimated fair value. The current Days Payable is 54.10, which is 11% below median its 10-year median of 60.48 and 22.2% below the Building Materials industry median of 69.55. Associated Ceramics' overall GF Score™ is 63/100 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 Associated Ceramics (BOM:531168), the current Days Payable is 54.10 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 Associated Ceramics (BOM:531168) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Ceramics stock appears to be undervalued.
The current stock price of ₹170.35 is trading 25.5% below its estimated GF Value™ of ₹228.54.
GuruFocus considers Associated Ceramics to be Modestly Undervalued.
Key valuation signals for BOM:531168:
Days Payable: 54.10 (11% below median its 10-year median of 60.48)
GF Value™: ₹228.54 vs. price of ₹170.35 (25.5% below fair value)
Industry Position: 22.2% below the Building Materials median (#210 of 396)
No single metric tells the full story. See the BOM:531168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Ceramics Ltd is mainly engaged in the manufacture and sale of refractory items. The company is involved in refractory and pottery work, the buying and selling of minerals and mineral products, and trading in cement, lime, and stone. It operates in two segments: refractory items and solar energy. The majority of its revenue comes from refractory items.
63GF Score
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