Patel Chem Specialities (BOM:544460) Days Payable: 46.85 (As of Mar. 2026) — 10% Below Median

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BOM:544460 Patel Chem Specialities Ltd BOM:544460
18 GF Score
Price ₹92.69
! 2 Warning Signs
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What is Patel Chem Specialities Days Payable?

Patel Chem Specialities BOM:544460 +1.59% 18 Days Payable is 46.85 as of Mar. 2026, which is 10% below its 10-year median of 51.77. GuruFocus rates BOM:544460 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,555 Chemicals companies, Patel Chem Specialities ranks worse than 62.51% on this metric.

Patel Chem Specialities's average Accounts Payable for the six months ended in Mar. 2026 was ₹152 Mil. Patel Chem Specialities's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹591 Mil. Hence, Patel Chem Specialities's Days Payable for the six months ended in Mar. 2026 was 46.85.

The historical rank and industry rank for Patel Chem Specialities's Days Payable or its related term are showing as below:

BOM:544460' s Days Payable Range Over the Past 10 Years
Min: 34.42   Med: 51.77   Max: 61.1
Current: 48.23

During the past 5 years, Patel Chem Specialities's highest Days Payable was 61.10. The lowest was 34.42. And the median was 51.77.

BOM:544460's Days Payable is ranked worse than
62.51% of 1555 companies
in the Chemicals industry
Industry Median: 59.87 vs BOM:544460: 48.23

Patel Chem Specialities's Days Payable declined from Mar. 2025 (49.37) to Mar. 2026 (46.85). It may suggest that Patel Chem Specialities accelerated paying its suppliers.


Patel Chem Specialities Days Payable Historical Data

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The historical data trend for Patel Chem Specialities'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.

Patel Chem Specialities Days Payable Chart

Patel Chem Specialities Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
34.42 53.28 61.10 45.76 51.77

Patel Chem Specialities Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 41.86 49.37 45.94 46.85

BOM:544460 vs DOW: Days Payable Comparison

For the Chemicals subindustry, Patel Chem Specialities'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.


Patel Chem Specialities Days Payable vs Chemicals Industry

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

* The bar in red indicates where Patel Chem Specialities's Days Payable falls into.


BOM:544460
18GF Score
Patel Chem Specialities Ltd BOM:544460
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Patel Chem Specialities 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.

Patel Chem Specialities'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
=( (103.945 + 187.532) / 2 ) / 1027.587*365
=145.7385 / 1027.587*365
=51.77

Patel Chem Specialities'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
=( (115.875 + 187.532) / 2 ) / 590.956*365 / 2
=151.7035 / 590.956*365 / 2
=46.85

* 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 46.85 mean?
Patel Chem Specialities (BOM:544460) has a Days Payable of 46.85 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 Patel Chem Specialities and its competitors. This is 10% below median its historical median of 51.77. Over the past decade, Patel Chem Specialities' Days Payable has ranged from 34.42 to 61.10. According to the industry distribution chart, Patel Chem Specialities ranks #972 out of 1555 companies in the Chemicals industry, placing it in the top 62.5%.
Is Patel Chem Specialities' Days Payable too high?
Patel Chem Specialities' current Days Payable of 46.85 is 10% below median its 10-year median of 51.77. Over the past 10 years, this metric has ranged from a low of 34.42 to a high of 61.10. The Chemicals industry median Days Payable is 59.87. Patel Chem Specialities' value of 46.85 is 21.7% below this industry median. Based on the distribution chart, Patel Chem Specialities ranks #972 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, Patel Chem Specialities has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Patel Chem Specialities' Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Patel Chem Specialities ranks #972 out of 1555 companies for Days Payable. This places Patel Chem Specialities in the lower half of its industry. The industry median Days Payable is 59.87. Patel Chem Specialities' value of 46.85 is 21.7% below this benchmark. Historically, Patel Chem Specialities' own Days Payable has ranged from 34.42 to 61.10 over the past decade. While the company's 10-year median is 51.77 vs. the industry median of 59.87, Patel Chem Specialities 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 59.87, based on 1,555 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. Patel Chem Specialities's current Days Payable of 46.85 is 21.7% 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 Patel Chem Specialities and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patel Chem Specialities's current Days Payable is 46.85, which is 10% below median its own 10-year median of 51.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patel Chem Specialities stock overvalued right now?
Patel Chem Specialities (BOM:544460) has a current Days Payable of 46.85. The current Days Payable is 46.85, which is 10% below median its 10-year median of 51.77 and 21.7% below the Chemicals industry median of 59.87. Patel Chem Specialities' overall GF Score™ is 18/100 with 2 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 Patel Chem Specialities (BOM:544460), the current Days Payable is 46.85 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.

Patel Chem Specialities Business Description

Address Vatva Road, Plot No. 272/4-5, Phase II, G.I.D.C Industrial Estate, Ahmedabad, GJ, IND, 382445
Patel Chem Specialities Ltd operates in the field of specialty chemicals, particularly focusing on the production of cellulose-based excipients. It manufactures a diverse products that are critical to various industries, including pharmaceuticals, food & beverages, cosmetics, and numerous industrial applications. These chemicals are fundamental in the formulation of essential products such as tablets, food additives, personal care items, and industrial formulations. Its products play vital roles as binders, disintegrants, thickeners, stabilizers, and gelling agents, each serving a specialized function across multiple sectors.
18GF Score

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