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Shish IndustriesBOM:540693 -0.74%91 Days Payable is 49.72 as of Mar. 2026, which is 30% above its 10-year median of 38.18. GuruFocus rates BOM:540693 with a GF Score™ of 91/100 and a GF Value™ of ₹15.08 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 381 Packaging & Containers companies, Shish Industries ranks worse than 63.52% on this metric.
The historical rank and industry rank for Shish Industries's Days Payable or its related term are showing as below:
BOM:540693'
s Days Payable Range Over the Past 10 Years
Min: 28.27 Med: 38.18 Max: 51.35
Current: 46.21
During the past 13 years, Shish Industries's highest Days Payable was 51.35. The lowest was 28.27. And the median was 38.18.
BOM:540693's Days Payable is ranked worse than 63.52% of 381
companies
in the Packaging & Containers industry
Industry Median: 57.27
vs BOM:540693: 46.21
Shish Industries's Days Payable
increased
from Mar. 2025 (28.13) to Mar. 2026 (49.72).
It may suggest that Shish Industriesdelayed paying its suppliers.
Shish Industries Days Payable Related Terms
Shish Industries Days Payable Historical Data
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The historical data trend for Shish Industries'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:540693 vs SW, PKG, IP: Days Payable Comparison
For the Packaging & Containers subindustry, Shish Industries'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.
Shish Industries Days Payable vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Shish Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Shish Industries'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.
Shish Industries'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.
Shish Industries (BOM:540693) has a Days Payable of 49.72 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 Shish Industries and its competitors. This is 30% above median its historical median of 38.18. Over the past decade, Shish Industries' Days Payable has ranged from 28.27 to 51.35. According to the industry distribution chart, Shish Industries ranks #242 out of 381 companies in the Packaging & Containers industry, placing it in the top 63.5%.
Is Shish Industries' Days Payable too high?
Shish Industries' current Days Payable of 49.72 is 30% above median its 10-year median of 38.18. Over the past 10 years, this metric has ranged from a low of 28.27 to a high of 51.35. The Packaging & Containers industry median Days Payable is 57.27. Shish Industries' value of 49.72 is 13.2% below this industry median. Based on the distribution chart, Shish Industries ranks #242 out of 381 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Shish Industries has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shish Industries' Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shish Industries ranks #242 out of 381 companies for Days Payable. This places Shish Industries in the lower half of its industry. The industry median Days Payable is 57.27. Shish Industries' value of 49.72 is 13.2% below this benchmark. Historically, Shish Industries' own Days Payable has ranged from 28.27 to 51.35 over the past decade. While the company's 10-year median is 38.18 vs. the industry median of 57.27, Shish Industries 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 381 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. Shish Industries's current Days Payable of 49.72 is 13.2% 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 Shish Industries and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shish Industries's current Days Payable is 49.72, which is 30% above median its own 10-year median of 38.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shish Industries stock overvalued right now?
Based on GuruFocus' analysis, Shish Industries (BOM:540693) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹15.08, compared to a current price of ₹12.14 — trading 19.5% below its estimated fair value. The current Days Payable is 49.72, which is 30% above median its 10-year median of 38.18 and 13.2% below the Packaging & Containers industry median of 57.27. Shish Industries' overall GF Score™ is 91/100 with 7 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 Shish Industries (BOM:540693), the current Days Payable is 49.72 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 Shish Industries (BOM:540693) Overvalued in 2026?
Based on GuruFocus' analysis, Shish Industries stock appears to be undervalued.
The current stock price of ₹12.14 is trading 19.5% below its estimated GF Value™ of ₹15.08.
GuruFocus considers Shish Industries to be Modestly Undervalued.
Key valuation signals for BOM:540693:
Days Payable: 49.72 (30% above median its 10-year median of 38.18)
GF Value™: ₹15.08 vs. price of ₹12.14 (19.5% below fair value)
Industry Position: 13.2% below the Packaging & Containers median (#242 of 381)
No single metric tells the full story. See the BOM:540693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shish Industries Ltd is a manufacturer of plastic corrugated sheets. It also manufactures Saffguard and Stagguard which is a twin wall or Multi-Wall Boards made from plastic resin. The company's products include Polypropylene Corrugated Sheet, Reflective Insulation Product- Carmika, dunnage bags, water tank insulation cover, Sticky traps, Insulation Cover, Cooler Bags, and Others. The company is primarily engaged in the business of Corrugated Plastic Sheets which constitute a single reportable segment.
91GF Score
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