Deco-Mica (BOM:531227) Days Payable: 108.22 (As of Mar. 2026) — 15% Below Median

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BOM:531227 Deco-Mica Ltd BOM:531227
59 GF Score
Price ₹59.56
GF Value ₹67.54
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Deco-Mica Days Payable?

Deco-Mica BOM:531227 -4.99% 59 Days Payable is 108.22 as of Mar. 2026, which is 15% below its 10-year median of 127.70. GuruFocus rates BOM:531227 with a GF Score™ of 59/100 and a GF Value™ of ₹67.54 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 276 Forest Products companies, Deco-Mica ranks better than 88.04% on this metric.

Deco-Mica's average Accounts Payable for the three months ended in Mar. 2026 was ₹165.9 Mil. Deco-Mica's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹139.9 Mil. Hence, Deco-Mica's Days Payable for the three months ended in Mar. 2026 was 108.22.

The historical rank and industry rank for Deco-Mica's Days Payable or its related term are showing as below:

BOM:531227' s Days Payable Range Over the Past 10 Years
Min: 58.95   Med: 127.7   Max: 213.01
Current: 144.37

During the past 13 years, Deco-Mica's highest Days Payable was 213.01. The lowest was 58.95. And the median was 127.70.

BOM:531227's Days Payable is ranked better than
88.04% of 276 companies
in the Forest Products industry
Industry Median: 56.48 vs BOM:531227: 144.37

Deco-Mica's Days Payable increased from Mar. 2025 (103.86) to Mar. 2026 (108.22). It may suggest that Deco-Mica delayed paying its suppliers.


Deco-Mica Days Payable Historical Data

* Premium members only.

The historical data trend for Deco-Mica'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.

Deco-Mica Days Payable Chart

Deco-Mica 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 58.95 87.53 97.92 116.80 152.40

Deco-Mica 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 103.86 177.78 142.86 170.84 108.22

Deco-Mica Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Deco-Mica'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.


Deco-Mica Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Deco-Mica's Days Payable distribution charts can be found below:

* The bar in red indicates where Deco-Mica's Days Payable falls into.


BOM:531227
59GF Score
Deco-Mica Ltd BOM:531227
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Deco-Mica 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.

Deco-Mica'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
=( (165.489 + 165.865) / 2 ) / 396.8*365
=165.677 / 396.8*365
=152.40

Deco-Mica'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 + 165.865) / 1 ) / 139.857*365 / 4
=165.865 / 139.857*365 / 4
=108.22

* 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 108.22 mean?
Deco-Mica (BOM:531227) has a Days Payable of 108.22 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 Deco-Mica and its competitors. This is 15% below median its historical median of 127.70. Over the past decade, Deco-Mica's Days Payable has ranged from 58.95 to 213.01. According to the industry distribution chart, Deco-Mica ranks #33 out of 276 companies in the Forest Products industry, placing it in the top 12%.
Is Deco-Mica's Days Payable too high?
Deco-Mica's current Days Payable of 108.22 is 15% below median its 10-year median of 127.70. Over the past 10 years, this metric has ranged from a low of 58.95 to a high of 213.01. The Forest Products industry median Days Payable is 56.48. Deco-Mica's value of 108.22 is 91.6% above this industry median. Based on the distribution chart, Deco-Mica ranks #33 out of 276 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Deco-Mica has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deco-Mica's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Deco-Mica ranks #33 out of 276 companies for Days Payable. This places Deco-Mica in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.48. Deco-Mica's value of 108.22 is 91.6% above this benchmark. Historically, Deco-Mica's own Days Payable has ranged from 58.95 to 213.01 over the past decade. While the company's 10-year median is 127.70 vs. the industry median of 56.48, Deco-Mica 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.48, based on 276 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. Deco-Mica's current Days Payable of 108.22 is 91.6% 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 Deco-Mica and its competitors. For the Forest Products industry, the median Days Payable is 56.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deco-Mica's current Days Payable is 108.22, which is 15% below median its own 10-year median of 127.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deco-Mica stock overvalued right now?
Based on GuruFocus' analysis, Deco-Mica (BOM:531227) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹67.54, compared to a current price of ₹59.56 — trading 11.8% below its estimated fair value. The current Days Payable is 108.22, which is 15% below median its 10-year median of 127.70 and 91.6% above the Forest Products industry median of 56.48. Deco-Mica's overall GF Score™ is 59/100 with 6 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 Deco-Mica (BOM:531227), the current Days Payable is 108.22 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 Deco-Mica (BOM:531227) Overvalued in 2026?

Based on GuruFocus' analysis, Deco-Mica stock appears to be undervalued. The current stock price of ₹59.56 is trading 11.8% below its estimated GF Value™ of ₹67.54. GuruFocus considers Deco-Mica to be Modestly Undervalued.

Key valuation signals for BOM:531227:

  • Days Payable: 108.22 (15% below median its 10-year median of 127.70)
  • GF Value™: ₹67.54 vs. price of ₹59.56 (11.8% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 91.6% above the Forest Products median (#33 of 276)

No single metric tells the full story. See the BOM:531227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deco-Mica Business Description

Address Iscon Mall, Jodhpur Cross Road, 306, 3rd Floor, Star Bazar Building, Ahmedabad, GJ, IND, 380015
Deco-Mica Ltd is a manufacturer of decorative laminated sheets, cut pieces, and industrial insulator boards serving the laminates industry. The company produces a diverse range of plastic-based laminate products known for their quality and wide color selection. Deco-Mica's manufacturing facility is located in Rajpur near Mehsana, Gujarat. It supplies products prominently to the laminate manufacturers in India and has a footprint in various countries with exports contributing a predominant portion of its revenue. The company generates revenue from the sale of laminated sheets and related products.
59GF Score

Get the complete analysis for BOM:531227

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

₹59.56
Price
₹67.54
GF Value