Shiv Texchem (BOM:544272) Days Payable: 73.99 (As of Mar. 2026) — 35% Above Median

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BOM:544272 Shiv Texchem Ltd BOM:544272
13 GF Score
Price ₹115.00
! 4 Warning Signs
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What is Shiv Texchem Days Payable?

Shiv Texchem BOM:544272 -0.95% 13 Days Payable is 73.99 as of Mar. 2026, which is 35% above its 10-year median of 54.63. GuruFocus rates BOM:544272 with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Shiv Texchem ranks better than 55.15% on this metric.

Shiv Texchem's average Accounts Payable for the six months ended in Mar. 2026 was ₹4,549 Mil. Shiv Texchem's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹11,220 Mil. Hence, Shiv Texchem's Days Payable for the six months ended in Mar. 2026 was 73.99.

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

BOM:544272' s Days Payable Range Over the Past 10 Years
Min: 51.35   Med: 54.63   Max: 88.03
Current: 65.18

During the past 5 years, Shiv Texchem's highest Days Payable was 88.03. The lowest was 51.35. And the median was 54.63.

BOM:544272's Days Payable is ranked better than
55.15% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs BOM:544272: 65.18

Shiv Texchem's Days Payable increased from Mar. 2025 (73.45) to Mar. 2026 (73.99). It may suggest that Shiv Texchem delayed paying its suppliers.


Shiv Texchem Days Payable Historical Data

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The historical data trend for Shiv Texchem'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.

Shiv Texchem Days Payable Chart

Shiv Texchem Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
88.03 54.63 51.35 63.88 54.23

Shiv Texchem Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 53.36 73.45 67.92 73.99

BOM:544272 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Shiv Texchem'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.


Shiv Texchem Days Payable vs Chemicals Industry

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

* The bar in red indicates where Shiv Texchem's Days Payable falls into.


BOM:544272
13GF Score
Shiv Texchem Ltd BOM:544272
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiv Texchem 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.

Shiv Texchem'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
=( (4198.41 + 3175.887) / 2 ) / 24817.447*365
=3687.1485 / 24817.447*365
=54.23

Shiv Texchem'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5922.028 + 3175.887) / 2 ) / 11220.381*365 / 2
=4548.9575 / 11220.381*365 / 2
=73.99

* 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 73.99 mean?
Shiv Texchem (BOM:544272) has a Days Payable of 73.99 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 Shiv Texchem and its competitors. This is 35% above median its historical median of 54.63. Over the past decade, Shiv Texchem's Days Payable has ranged from 51.35 to 88.03. According to the industry distribution chart, Shiv Texchem ranks #697 out of 1554 companies in the Chemicals industry, placing it in the top 44.9%.
Is Shiv Texchem's Days Payable too high?
Shiv Texchem's current Days Payable of 73.99 is 35% above median its 10-year median of 54.63. Over the past 10 years, this metric has ranged from a low of 51.35 to a high of 88.03. The Chemicals industry median Days Payable is 59.57. Shiv Texchem's value of 73.99 is 24.2% above this industry median. Based on the distribution chart, Shiv Texchem ranks #697 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shiv Texchem has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shiv Texchem's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Shiv Texchem ranks #697 out of 1554 companies for Days Payable. This puts Shiv Texchem in the upper half of its industry. The industry median Days Payable is 59.57. Shiv Texchem's value of 73.99 is 24.2% above this benchmark. Historically, Shiv Texchem's own Days Payable has ranged from 51.35 to 88.03 over the past decade. While the company's 10-year median is 54.63 vs. the industry median of 59.57, Shiv Texchem 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 59.57, 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. Shiv Texchem's current Days Payable of 73.99 is 24.2% 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 Shiv Texchem 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. Shiv Texchem's current Days Payable is 73.99, which is 35% above median its own 10-year median of 54.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiv Texchem stock overvalued right now?
Shiv Texchem (BOM:544272) has a current Days Payable of 73.99. The current Days Payable is 73.99, which is 35% above median its 10-year median of 54.63 and 24.2% above the Chemicals industry median of 59.57. Shiv Texchem's overall GF Score™ is 13/100 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 Shiv Texchem (BOM:544272), the current Days Payable is 73.99 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.

Shiv Texchem Business Description

Address V P Road and Dattatraya Road, 602/NB/C, 17D Savoy Chamber, Santacruz Junction, Opposite TPS II, Santacruz West, Mumbai, MH, IND, 400 054
Shiv Texchem Ltd is engaged in importing and distributing hydrocarbon-based chemicals of the product family viz. Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocyanates, which are critical raw materials and inputs and have applications across a wide spectrum of industries like paints and coatings, printing inks, agro-chemical products, specialty polymers, pharmaceuticals products, and specialty industrial chemicals.
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