Citichem India (BOM:544324) Days Payable: 2,288.50 (As of Mar. 2026) — 196% Above Median

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BOM:544324 Citichem India Ltd BOM:544324
31 GF Score
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What is Citichem India Days Payable?

Citichem India BOM:544324 31 Days Payable is 2,288.50 as of Mar. 2026, which is 196% above its 10-year median of 774.03. GuruFocus rates BOM:544324 with a GF Score™ of 31/100. The stock has 9 warning signs investors should review. Among 1,556 Chemicals companies, Citichem India ranks better than 99.1% on this metric.

Citichem India's average Accounts Payable for the six months ended in Mar. 2026 was ₹266.07 Mil. Citichem India's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹21.22 Mil. Hence, Citichem India's Days Payable for the six months ended in Mar. 2026 was 2,288.50.

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

BOM:544324' s Days Payable Range Over the Past 10 Years
Min: 148.47   Med: 774.03   Max: 1495.96
Current: 1112.91

During the past 6 years, Citichem India's highest Days Payable was 1495.96. The lowest was 148.47. And the median was 774.03.

BOM:544324's Days Payable is ranked better than
99.1% of 1556 companies
in the Chemicals industry
Industry Median: 60.12 vs BOM:544324: 1112.91

Citichem India's Days Payable increased from Mar. 2025 (161.23) to Mar. 2026 (2,288.50). It may suggest that Citichem India delayed paying its suppliers.


Citichem India Days Payable Historical Data

* Premium members only.

The historical data trend for Citichem 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.

Citichem India Days Payable Chart

Citichem India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 342.03 1,495.96 1,489.87 377.20 1,170.85

Citichem India Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 10,089.00 161.23 778.58 2,288.50

BOM:544324 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Citichem 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.


Citichem India Days Payable vs Chemicals Industry

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

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


BOM:544324
31GF Score
Citichem India Ltd BOM:544324
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Citichem 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.

Citichem 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
=( (427.577 + 245.544) / 2 ) / 104.919*365
=336.5605 / 104.919*365
=1,170.85

Citichem 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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (286.592 + 245.544) / 2 ) / 21.218*365 / 2
=266.068 / 21.218*365 / 2
=2,288.50

* 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 2,288.50 mean?
Citichem India (BOM:544324) has a Days Payable of 2,288.50 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 Citichem India and its competitors. This is 196% above median its historical median of 774.03. Over the past decade, Citichem India's Days Payable has ranged from 148.47 to 1,495.96. According to the industry distribution chart, Citichem India ranks #14 out of 1556 companies in the Chemicals industry, placing it in the top 0.90000000000001%.
Is Citichem India's Days Payable too high?
Citichem India's current Days Payable of 2,288.50 is 196% above median its 10-year median of 774.03. Over the past 10 years, this metric has ranged from a low of 148.47 to a high of 1,495.96. The Chemicals industry median Days Payable is 60.12. Citichem India's value of 2,288.50 is 3706.6% above this industry median. Based on the distribution chart, Citichem India ranks #14 out of 1556 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Citichem India has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Citichem India's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Citichem India ranks #14 out of 1556 companies for Days Payable. This places Citichem India in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 60.12. Citichem India's value of 2,288.50 is 3706.6% above this benchmark. Historically, Citichem India's own Days Payable has ranged from 148.47 to 1,495.96 over the past decade. While the company's 10-year median is 774.03 vs. the industry median of 60.12, Citichem India 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 60.12, based on 1,556 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. Citichem India's current Days Payable of 2,288.50 is 3706.6% 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 Citichem India and its competitors. For the Chemicals industry, the median Days Payable is 60.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citichem India's current Days Payable is 2,288.50, which is 196% above median its own 10-year median of 774.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citichem India stock overvalued right now?
Citichem India (BOM:544324) has a current Days Payable of 2,288.50. The current Days Payable is 2,288.50, which is 196% above median its 10-year median of 774.03 and 3706.6% above the Chemicals industry median of 60.12. Citichem India's overall GF Score™ is 31/100 with 9 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 Citichem India (BOM:544324), the current Days Payable is 2,288.50 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.

Citichem India Business Description

Address 135 Kazi Sayed Street, 512, 5th Floor, Yogeshwar Premises Co-Op Society Ltd, Masjid Bunder West, Mumbai, MH, IND, 400003
Citichem India Ltd is engaged in the buying, procuring, and supplying of organic and inorganic chemicals, and food chemicals. The company is also engaged in recycling plastic waste. The products of the company include caustic soda flakes, caustic SDA lye, soda ash light, acetic acid, monosodium glutamate, and others. The Company also supplies food preventives and chemicals under its brand name.
31GF Score

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