Technichem Organics (BOM:544327) Days Payable: 83.64 (As of Mar. 2026) — 22% Below Median

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BOM:544327 Technichem Organics Ltd BOM:544327
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What is Technichem Organics Days Payable?

Technichem Organics BOM:544327 +0.78% 14 Days Payable is 83.64 as of Mar. 2026, which is 22% below its 10-year median of 107.02. GuruFocus rates BOM:544327 with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 1,558 Chemicals companies, Technichem Organics ranks better than 60.14% on this metric.

Technichem Organics's average Accounts Payable for the six months ended in Mar. 2026 was ₹82.8 Mil. Technichem Organics's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹180.6 Mil. Hence, Technichem Organics's Days Payable for the six months ended in Mar. 2026 was 83.64.

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

BOM:544327' s Days Payable Range Over the Past 10 Years
Min: 55.32   Med: 107.02   Max: 143.35
Current: 71.89

During the past 5 years, Technichem Organics's highest Days Payable was 143.35. The lowest was 55.32. And the median was 107.02.

BOM:544327's Days Payable is ranked better than
60.14% of 1558 companies
in the Chemicals industry
Industry Median: 59.93 vs BOM:544327: 71.89

Technichem Organics's Days Payable increased from Mar. 2025 (41.21) to Mar. 2026 (83.64). It may suggest that Technichem Organics delayed paying its suppliers.


Technichem Organics Days Payable Historical Data

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The historical data trend for Technichem Organics'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.

Technichem Organics Days Payable Chart

Technichem Organics Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
107.02 118.06 143.35 79.77 55.32

Technichem Organics Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 129.63 41.21 76.54 83.64

BOM:544327 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Technichem Organics'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.


Technichem Organics Days Payable vs Chemicals Industry

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

* The bar in red indicates where Technichem Organics's Days Payable falls into.


BOM:544327
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Technichem Organics Ltd BOM:544327
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Technichem Organics 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.

Technichem Organics'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
=( (42.973 + 64.008) / 2 ) / 352.926*365
=53.4905 / 352.926*365
=55.32

Technichem Organics'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
=( (101.556 + 64.008) / 2 ) / 180.628*365 / 2
=82.782 / 180.628*365 / 2
=83.64

* 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 83.64 mean?
Technichem Organics (BOM:544327) has a Days Payable of 83.64 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 Technichem Organics and its competitors. This is 22% below median its historical median of 107.02. Over the past decade, Technichem Organics' Days Payable has ranged from 55.32 to 143.35. According to the industry distribution chart, Technichem Organics ranks #621 out of 1558 companies in the Chemicals industry, placing it in the top 39.9%.
Is Technichem Organics' Days Payable too high?
Technichem Organics' current Days Payable of 83.64 is 22% below median its 10-year median of 107.02. Over the past 10 years, this metric has ranged from a low of 55.32 to a high of 143.35. The Chemicals industry median Days Payable is 59.93. Technichem Organics' value of 83.64 is 39.6% above this industry median. Based on the distribution chart, Technichem Organics ranks #621 out of 1558 companies in the Chemicals industry, which is above the industry midpoint. Overall, Technichem Organics has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Technichem Organics' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Technichem Organics ranks #621 out of 1558 companies for Days Payable. This puts Technichem Organics in the upper half of its industry. The industry median Days Payable is 59.93. Technichem Organics' value of 83.64 is 39.6% above this benchmark. Historically, Technichem Organics' own Days Payable has ranged from 55.32 to 143.35 over the past decade. While the company's 10-year median is 107.02 vs. the industry median of 59.93, Technichem Organics 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 59.93, based on 1,558 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. Technichem Organics's current Days Payable of 83.64 is 39.6% 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 Technichem Organics and its competitors. For the Chemicals industry, the median Days Payable is 59.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technichem Organics's current Days Payable is 83.64, which is 22% below median its own 10-year median of 107.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technichem Organics stock overvalued right now?
Technichem Organics (BOM:544327) has a current Days Payable of 83.64. The current Days Payable is 83.64, which is 22% below median its 10-year median of 107.02 and 39.6% above the Chemicals industry median of 59.93. Technichem Organics' overall GF Score™ is 14/100 with 6 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 Technichem Organics (BOM:544327), the current Days Payable is 83.64 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.

Technichem Organics Business Description

Address 5th Floor, Malak Building, Behind Old Gujarat High Court, Navrangpura, Ahmedabad, GJ, IND, 380009
Technichem Organics Ltd is engaged in the business of manufacturing of range of chemicals. Some products are Pyrazoles, Pyrazolones, Speciality Chemicals, Pigment & Dye Intermediates and Air Oxidation Chemistry that serves multiple industries, including pharmaceuticals, agriculture, coatings, pigments, dyes and others.
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