Sicagen India (BOM:533014) Days Payable: 21.17 (As of Mar. 2026) — 45% Below Median


BOM:533014 Sicagen India Ltd BOM:533014
74 GF Score
Price ₹52.75
GF Value ₹73.39
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sicagen India Days Payable?

Sicagen India BOM:533014 +1.09% 74 Days Payable is 21.17 as of Mar. 2026, which is 45% below its 10-year median of 38.75. GuruFocus rates BOM:533014 with a GF Score™ of 74/100 and a GF Value™ of ₹73.39 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 598 Steel companies, Sicagen India ranks worse than 74.25% on this metric.

Sicagen India's average Accounts Payable for the three months ended in Mar. 2026 was ₹573 Mil. Sicagen India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,468 Mil. Hence, Sicagen India's Days Payable for the three months ended in Mar. 2026 was 21.17.

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

BOM:533014' s Days Payable Range Over the Past 10 Years
Min: 21.23   Med: 38.75   Max: 74.17
Current: 22.83

During the past 13 years, Sicagen India's highest Days Payable was 74.17. The lowest was 21.23. And the median was 38.75.

BOM:533014's Days Payable is ranked worse than
74.25% of 598 companies
in the Steel industry
Industry Median: 41.385 vs BOM:533014: 22.83

Sicagen India's Days Payable increased from Mar. 2025 (17.34) to Mar. 2026 (21.17). It may suggest that Sicagen India delayed paying its suppliers.


Sicagen India Days Payable Historical Data

* Premium members only.

The historical data trend for Sicagen India'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.

Sicagen India Days Payable Chart

Sicagen India 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 42.53 40.12 37.37 31.19 21.23

Sicagen India 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 17.34 21.96 28.27 23.56 21.17

BOM:533014 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Sicagen India'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.


Sicagen India Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Sicagen India's Days Payable distribution charts can be found below:

* The bar in red indicates where Sicagen India's Days Payable falls into.


BOM:533014
74GF Score
Sicagen India Ltd BOM:533014
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sicagen India 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.

Sicagen India'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
=( (428.4 + 572.6) / 2 ) / 8606.7*365
=500.5 / 8606.7*365
=21.23

Sicagen India'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 + 572.6) / 1 ) / 2467.8*365 / 4
=572.6 / 2467.8*365 / 4
=21.17

* 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 21.17 mean?
Sicagen India (BOM:533014) has a Days Payable of 21.17 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 Sicagen India and its competitors. This is 45% below median its historical median of 38.75. Over the past decade, Sicagen India's Days Payable has ranged from 21.23 to 74.17. According to the industry distribution chart, Sicagen India ranks #444 out of 598 companies in the Steel industry, placing it in the top 74.2%.
Is Sicagen India's Days Payable too high?
Sicagen India's current Days Payable of 21.17 is 45% below median its 10-year median of 38.75. Over the past 10 years, this metric has ranged from a low of 21.23 to a high of 74.17. The Steel industry median Days Payable is 41.39. Sicagen India's value of 21.17 is 48.8% below this industry median. Based on the distribution chart, Sicagen India ranks #444 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Sicagen India has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sicagen India's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Sicagen India ranks #444 out of 598 companies for Days Payable. This places Sicagen India in the lower half of its industry. The industry median Days Payable is 41.39. Sicagen India's value of 21.17 is 48.8% below this benchmark. Historically, Sicagen India's own Days Payable has ranged from 21.23 to 74.17 over the past decade. While the company's 10-year median is 38.75 vs. the industry median of 41.39, Sicagen India 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 Steel company?
The median Days Payable among Steel companies is 41.39, based on 598 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. Sicagen India's current Days Payable of 21.17 is 48.8% 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 Sicagen India and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sicagen India's current Days Payable is 21.17, which is 45% below median its own 10-year median of 38.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sicagen India stock overvalued right now?
Based on GuruFocus' analysis, Sicagen India (BOM:533014) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹73.39, compared to a current price of ₹52.75 — trading 28.1% below its estimated fair value. The current Days Payable is 21.17, which is 45% below median its 10-year median of 38.75 and 48.8% below the Steel industry median of 41.39. Sicagen India's overall GF Score™ is 74/100 with 2 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 Sicagen India (BOM:533014), the current Days Payable is 21.17 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 Sicagen India (BOM:533014) Overvalued in 2026?

Based on GuruFocus' analysis, Sicagen India stock appears to be undervalued. The current stock price of ₹52.75 is trading 28.1% below its estimated GF Value™ of ₹73.39. GuruFocus considers Sicagen India to be Modestly Undervalued.

Key valuation signals for BOM:533014:

  • Days Payable: 21.17 (45% below median its 10-year median of 38.75)
  • GF Value™: ₹73.39 vs. price of ₹52.75 (28.1% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 48.8% below the Steel median (#444 of 598)

No single metric tells the full story. See the BOM:533014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sicagen India Business Description

Other Exchanges SICAGEN:India
Address No. 88, Mount Road, 4th Floor, SPIC House, Guindy, Chennai, TN, IND, 600 032
Sicagen India Ltd is an investment holding company. Its principal business lines are building materials, power and control systems, manufacturing of MS barrels and manufacturing of water treatment chemicals, industrial packaging, speciality chemicals, engineering, cable manufacturing, and fabrication. It serves a diverse range of markets including retail, institutional, dealers, corporate, builders, agriculturists, fabricators, and contractors. The company's segment includes Trading and Manufacturing. It generates maximum revenue from the Trading segment from India.
74GF Score

Get the complete analysis for BOM:533014

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

₹52.75
Price
₹73.39
GF Value