Asahi Songwon Colors (BOM:532853) Days Payable: 128.69 (As of Mar. 2026) — 82% Above Median

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BOM:532853 Asahi Songwon Colors Ltd BOM:532853
74 GF Score
Price ₹279.35
GF Value ₹355.30
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Asahi Songwon Colors Days Payable?

Asahi Songwon Colors BOM:532853 +1.88% 74 Days Payable is 128.69 as of Mar. 2026, which is 82% above its 10-year median of 70.67. GuruFocus rates BOM:532853 with a GF Score™ of 74/100 and a GF Value™ of ₹355.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, Asahi Songwon Colors ranks better than 81.92% on this metric.

Asahi Songwon Colors's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,332 Mil. Asahi Songwon Colors's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹945 Mil. Hence, Asahi Songwon Colors's Days Payable for the three months ended in Mar. 2026 was 128.69.

The historical rank and industry rank for Asahi Songwon Colors's Days Payable or its related term are showing as below:

BOM:532853' s Days Payable Range Over the Past 10 Years
Min: 53.79   Med: 70.67   Max: 123.81
Current: 119.5

During the past 13 years, Asahi Songwon Colors's highest Days Payable was 123.81. The lowest was 53.79. And the median was 70.67.

BOM:532853's Days Payable is ranked better than
81.92% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs BOM:532853: 119.50

Asahi Songwon Colors's Days Payable increased from Mar. 2025 (100.97) to Mar. 2026 (128.69). It may suggest that Asahi Songwon Colors delayed paying its suppliers.


Asahi Songwon Colors Days Payable Historical Data

* Premium members only.

The historical data trend for Asahi Songwon Colors'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.

Asahi Songwon Colors Days Payable Chart

Asahi Songwon Colors 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 75.67 70.52 90.81 93.38 123.81

Asahi Songwon Colors 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 100.97 97.18 123.30 124.09 128.69

BOM:532853 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Asahi Songwon Colors'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.


Asahi Songwon Colors Days Payable vs Chemicals Industry

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

* The bar in red indicates where Asahi Songwon Colors's Days Payable falls into.


BOM:532853
74GF Score
Asahi Songwon Colors Ltd BOM:532853
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Songwon Colors 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.

Asahi Songwon Colors'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
=( (1104.093 + 1332.231) / 2 ) / 3591.255*365
=1218.162 / 3591.255*365
=123.81

Asahi Songwon Colors'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 + 1332.231) / 1 ) / 944.664*365 / 4
=1332.231 / 944.664*365 / 4
=128.69

* 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 128.69 mean?
Asahi Songwon Colors (BOM:532853) has a Days Payable of 128.69 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 Asahi Songwon Colors and its competitors. This is 82% above median its historical median of 70.67. Over the past decade, Asahi Songwon Colors' Days Payable has ranged from 53.79 to 123.81. According to the industry distribution chart, Asahi Songwon Colors ranks #281 out of 1554 companies in the Chemicals industry, placing it in the top 18.1%.
Is Asahi Songwon Colors' Days Payable too high?
Asahi Songwon Colors' current Days Payable of 128.69 is 82% above median its 10-year median of 70.67. Over the past 10 years, this metric has ranged from a low of 53.79 to a high of 123.81. The Chemicals industry median Days Payable is 59.88. Asahi Songwon Colors' value of 128.69 is 114.9% above this industry median. Based on the distribution chart, Asahi Songwon Colors ranks #281 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Songwon Colors has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Songwon Colors' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asahi Songwon Colors ranks #281 out of 1554 companies for Days Payable. This places Asahi Songwon Colors in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.88. Asahi Songwon Colors' value of 128.69 is 114.9% above this benchmark. Historically, Asahi Songwon Colors' own Days Payable has ranged from 53.79 to 123.81 over the past decade. While the company's 10-year median is 70.67 vs. the industry median of 59.88, Asahi Songwon Colors 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 59.88, 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. Asahi Songwon Colors's current Days Payable of 128.69 is 114.9% 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 Asahi Songwon Colors and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Songwon Colors's current Days Payable is 128.69, which is 82% above median its own 10-year median of 70.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Songwon Colors stock overvalued right now?
Based on GuruFocus' analysis, Asahi Songwon Colors (BOM:532853) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹355.30, compared to a current price of ₹279.35 — trading 21.4% below its estimated fair value. The current Days Payable is 128.69, which is 82% above median its 10-year median of 70.67 and 114.9% above the Chemicals industry median of 59.88. Asahi Songwon Colors' 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 Asahi Songwon Colors (BOM:532853), the current Days Payable is 128.69 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 Asahi Songwon Colors (BOM:532853) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Songwon Colors stock appears to be undervalued. The current stock price of ₹279.35 is trading 21.4% below its estimated GF Value™ of ₹355.30. GuruFocus considers Asahi Songwon Colors to be Modestly Undervalued.

Key valuation signals for BOM:532853:

  • Days Payable: 128.69 (82% above median its 10-year median of 70.67)
  • GF Value™: ₹355.30 vs. price of ₹279.35 (21.4% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 114.9% above the Chemicals median (#281 of 1554)

No single metric tells the full story. See the BOM:532853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Songwon Colors Business Description

Other Exchanges ASAHISONG:India
Address Thaltej-Shilaj Road, 20, Times Corporate Park, Asahi House, Thaltej, Ahmedabad, GJ, IND, 380059
Asahi Songwon Colors Ltd is principally engaged in the business of manufacturing & export of AZO pigments. It is a key manufacturer and exporter of high-quality color pigments, specializing in Copper Phthalocyanine (CPC) pigments and derivatives. The Company's manufacturing facility is located at Dahej, Bharuch, Gujarat. Its products are CPC Blue Crude, Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1, Pigment Beta Blue 15:3, and Pigment Blue 15.4.
74GF Score

Get the complete analysis for BOM:532853

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

₹279.35
Price
₹355.30
GF Value