L K Mehta Polymers (BOM:544366) Days Payable: 8.30 (As of Mar. 2026) — 29% Below Median

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BOM:544366 L K Mehta Polymers Ltd BOM:544366
9 GF Score
Price ₹41.00
! 6 Warning Signs
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What is L K Mehta Polymers Days Payable?

L K Mehta Polymers BOM:544366 9 Days Payable is 8.30 as of Mar. 2026, which is 29% below its 10-year median of 11.63. GuruFocus rates BOM:544366 with a GF Score™ of 9/100. The stock has 6 warning signs investors should review. Among 1,554 Chemicals companies, L K Mehta Polymers ranks worse than 98.46% on this metric.

L K Mehta Polymers's average Accounts Payable for the six months ended in Mar. 2026 was ₹5.4 Mil. L K Mehta Polymers's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹119.7 Mil. Hence, L K Mehta Polymers's Days Payable for the six months ended in Mar. 2026 was 8.30.

The historical rank and industry rank for L K Mehta Polymers's Days Payable or its related term are showing as below:

BOM:544366' s Days Payable Range Over the Past 10 Years
Min: 3.43   Med: 11.63   Max: 36.24
Current: 5.71

During the past 5 years, L K Mehta Polymers's highest Days Payable was 36.24. The lowest was 3.43. And the median was 11.63.

BOM:544366's Days Payable is ranked worse than
98.46% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs BOM:544366: 5.71

L K Mehta Polymers's Days Payable increased from Mar. 2025 (2.09) to Mar. 2026 (8.30). It may suggest that L K Mehta Polymers delayed paying its suppliers.


L K Mehta Polymers Days Payable Historical Data

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The historical data trend for L K Mehta Polymers'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.

L K Mehta Polymers Days Payable Chart

L K Mehta Polymers Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
36.24 18.05 11.63 7.31 3.43

L K Mehta Polymers Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 16.37 2.09 5.60 8.30

BOM:544366 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, L K Mehta Polymers'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.


L K Mehta Polymers Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, L K Mehta Polymers's Days Payable distribution charts can be found below:

* The bar in red indicates where L K Mehta Polymers's Days Payable falls into.


BOM:544366
9GF Score
L K Mehta Polymers Ltd BOM:544366
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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L K Mehta Polymers 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.

L K Mehta Polymers'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
=( (1.214 + 3.624) / 2 ) / 257.584*365
=2.419 / 257.584*365
=3.43

L K Mehta Polymers'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
=( (7.256 + 3.624) / 2 ) / 119.653*365 / 2
=5.44 / 119.653*365 / 2
=8.30

* 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 8.30 mean?
L K Mehta Polymers (BOM:544366) has a Days Payable of 8.30 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 L K Mehta Polymers and its competitors. This is 29% below median its historical median of 11.63. Over the past decade, L K Mehta Polymers' Days Payable has ranged from 3.43 to 36.24. According to the industry distribution chart, L K Mehta Polymers ranks #1530 out of 1554 companies in the Chemicals industry, placing it in the top 98.5%.
Is L K Mehta Polymers' Days Payable too high?
L K Mehta Polymers' current Days Payable of 8.30 is 29% below median its 10-year median of 11.63. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 36.24. The Chemicals industry median Days Payable is 59.57. L K Mehta Polymers' value of 8.30 is 86.1% below this industry median. Based on the distribution chart, L K Mehta Polymers ranks #1530 out of 1554 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, L K Mehta Polymers has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does L K Mehta Polymers' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, L K Mehta Polymers ranks #1530 out of 1554 companies for Days Payable. This places L K Mehta Polymers in the lower half of its industry. The industry median Days Payable is 59.57. L K Mehta Polymers' value of 8.30 is 86.1% below this benchmark. Historically, L K Mehta Polymers' own Days Payable has ranged from 3.43 to 36.24 over the past decade. While the company's 10-year median is 11.63 vs. the industry median of 59.57, L K Mehta Polymers 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. L K Mehta Polymers's current Days Payable of 8.30 is 86.1% 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 L K Mehta Polymers 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. L K Mehta Polymers's current Days Payable is 8.30, which is 29% below median its own 10-year median of 11.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L K Mehta Polymers stock overvalued right now?
L K Mehta Polymers (BOM:544366) has a current Days Payable of 8.30. The current Days Payable is 8.30, which is 29% below median its 10-year median of 11.63 and 86.1% below the Chemicals industry median of 59.57. L K Mehta Polymers' overall GF Score™ is 9/100 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 L K Mehta Polymers (BOM:544366), the current Days Payable is 8.30 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.

L K Mehta Polymers Business Description

Address 1103/2, Mhow-Neemuch Road, Ratlam, MP, IND, 457001
L K Mehta Polymers Ltd is actively involved in the trading and manufacturing of a comprehensive array of plastic products, addressing the diverse needs of its discerning customers. Its product line is sold under the brand name Super Pack. The company offers a wide range of ropes and twines, including monofilament ropes, danline ropes, tape ropes, baler twines, and packaging twine (sutli). The company is also engaged in trading and reprocessing basic raw materials like polypropylene granules and polyethylene granules for its various customers.
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