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Machhar IndustriesBOM:543934 77 Days Payable is 35.63 as of Jun. 2026, which is 54% below its 10-year median of 77.05. GuruFocus rates BOM:543934 with a GF Score™ of 77/100 and a GF Value™ of ₹367.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Machhar Industries ranks worse than 56.89% on this metric.
The historical rank and industry rank for Machhar Industries's Days Payable or its related term are showing as below:
BOM:543934'
s Days Payable Range Over the Past 10 Years
Min: 28.53 Med: 77.05 Max: 86.65
Current: 53.1
During the past 8 years, Machhar Industries's highest Days Payable was 86.65. The lowest was 28.53. And the median was 77.05.
BOM:543934's Days Payable is ranked worse than 56.89% of 1554
companies
in the Chemicals industry
Industry Median: 59.565
vs BOM:543934: 53.10
Machhar Industries's Days Payable
declined
from Jun. 2025 (69.26) to Jun. 2026 (35.63).
It may suggest that Machhar Industriesaccelerated paying its suppliers.
Machhar Industries Days Payable Related Terms
Machhar Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Machhar 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:543934 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Machhar 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.
Machhar Industries Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Machhar Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Machhar 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.
Machhar 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.
Machhar Industries (BOM:543934) has a Days Payable of 35.63 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Machhar Industries and its competitors. This is 54% below median its historical median of 77.05. Over the past decade, Machhar Industries' Days Payable has ranged from 28.53 to 86.65. According to the industry distribution chart, Machhar Industries ranks #884 out of 1554 companies in the Chemicals industry, placing it in the top 56.9%.
Is Machhar Industries' Days Payable too high?
Machhar Industries' current Days Payable of 35.63 is 54% below median its 10-year median of 77.05. Over the past 10 years, this metric has ranged from a low of 28.53 to a high of 86.65. The Chemicals industry median Days Payable is 59.57. Machhar Industries' value of 35.63 is 40.2% below this industry median. Based on the distribution chart, Machhar Industries ranks #884 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Machhar Industries has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Machhar Industries' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Machhar Industries ranks #884 out of 1554 companies for Days Payable. This places Machhar Industries in the lower half of its industry. The industry median Days Payable is 59.57. Machhar Industries' value of 35.63 is 40.2% below this benchmark. Historically, Machhar Industries' own Days Payable has ranged from 28.53 to 86.65 over the past decade. While the company's 10-year median is 77.05 vs. the industry median of 59.57, Machhar 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, 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. Machhar Industries's current Days Payable of 35.63 is 40.2% 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 Machhar Industries and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Machhar Industries's current Days Payable is 35.63, which is 54% below median its own 10-year median of 77.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Machhar Industries stock overvalued right now?
Based on GuruFocus' analysis, Machhar Industries (BOM:543934) is currently considered Fairly Valued. The stock's GF Value™ is ₹367.99, compared to a current price of ₹362.80 — trading 1.4% below its estimated fair value. The current Days Payable is 35.63, which is 54% below median its 10-year median of 77.05 and 40.2% below the Chemicals industry median of 59.57. Machhar Industries' overall GF Score™ is 77/100 with 4 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 Machhar Industries (BOM:543934), the current Days Payable is 35.63 as of Jun. 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 Machhar Industries (BOM:543934) Overvalued in 2026?
Based on GuruFocus' analysis, Machhar Industries stock appears to be undervalued.
The current stock price of ₹362.80 is trading 1.4% below its estimated GF Value™ of ₹367.99.
GuruFocus considers Machhar Industries to be Fairly Valued.
Key valuation signals for BOM:543934:
Days Payable: 35.63 (54% below median its 10-year median of 77.05)
GF Value™: ₹367.99 vs. price of ₹362.80 (1.4% below fair value)
Industry Position: 40.2% below the Chemicals median (#884 of 1554)
No single metric tells the full story. See the BOM:543934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Machhar Industries Ltd is engaged in converting Ammonium Nitrate from melt form to solid form, in accordance with the specific terms and requirements of its customers. In addition to this core activity, the company is also engaged in the transportation of Ammonium Nitrate and other chemical products. The company operates with three distinct divisions: the explosive division, the transportation division, and Adblue (DEF). The company generates maximum revenue from the Transportation division. The company is also engaged in the production of Diesel Exhaust Fuel at the factory.
77GF Score
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