Mehul Colours (BOM:544472) Days Payable: 29.99 (As of Mar. 2026) — Near Median

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BOM:544472 Mehul Colours Ltd BOM:544472
21 GF Score
Price ₹50.75
! 4 Warning Signs
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What is Mehul Colours Days Payable?

Mehul Colours BOM:544472 -4.25% 21 Days Payable is 29.99 as of Mar. 2026, which is 1% below its 10-year median of 30.36. GuruFocus rates BOM:544472 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,556 Chemicals companies, Mehul Colours ranks worse than 84.83% on this metric.

Mehul Colours's average Accounts Payable for the six months ended in Mar. 2026 was ₹16.7 Mil. Mehul Colours's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹101.6 Mil. Hence, Mehul Colours's Days Payable for the six months ended in Mar. 2026 was 29.99.

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

BOM:544472' s Days Payable Range Over the Past 10 Years
Min: 9.12   Med: 30.36   Max: 56.73
Current: 25.33

During the past 5 years, Mehul Colours's highest Days Payable was 56.73. The lowest was 9.12. And the median was 30.36.

BOM:544472's Days Payable is ranked worse than
84.83% of 1556 companies
in the Chemicals industry
Industry Median: 60.12 vs BOM:544472: 25.33

Mehul Colours's Days Payable increased from Mar. 2025 (19.01) to Mar. 2026 (29.99). It may suggest that Mehul Colours delayed paying its suppliers.


Mehul Colours Days Payable Historical Data

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The historical data trend for Mehul Colours'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.

Mehul Colours Days Payable Chart

Mehul Colours Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
56.73 53.89 30.36 20.72 9.12

Mehul Colours Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 31.26 19.01 38.20 29.99

BOM:544472 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Mehul Colours'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.


Mehul Colours Days Payable vs Chemicals Industry

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

* The bar in red indicates where Mehul Colours's Days Payable falls into.


BOM:544472
21GF Score
Mehul Colours Ltd BOM:544472
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mehul Colours 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.

Mehul Colours'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
=( (3.071 + 5.679) / 2 ) / 175.056*365
=4.375 / 175.056*365
=9.12

Mehul Colours'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
=( (27.696 + 5.679) / 2 ) / 101.562*365 / 2
=16.6875 / 101.562*365 / 2
=29.99

* 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 29.99 mean?
Mehul Colours (BOM:544472) has a Days Payable of 29.99 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 Mehul Colours and its competitors. This is near median its historical median of 30.36. Over the past decade, Mehul Colours' Days Payable has ranged from 9.12 to 56.73. According to the industry distribution chart, Mehul Colours ranks #1320 out of 1556 companies in the Chemicals industry, placing it in the top 84.8%.
Is Mehul Colours' Days Payable too high?
Mehul Colours' current Days Payable of 29.99 is near median its 10-year median of 30.36. Over the past 10 years, this metric has ranged from a low of 9.12 to a high of 56.73. The Chemicals industry median Days Payable is 60.12. Mehul Colours' value of 29.99 is 50.1% below this industry median. Based on the distribution chart, Mehul Colours ranks #1320 out of 1556 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Mehul Colours has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mehul Colours' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mehul Colours ranks #1320 out of 1556 companies for Days Payable. This places Mehul Colours in the lower half of its industry. The industry median Days Payable is 60.12. Mehul Colours' value of 29.99 is 50.1% below this benchmark. Historically, Mehul Colours' own Days Payable has ranged from 9.12 to 56.73 over the past decade. While the company's 10-year median is 30.36 vs. the industry median of 60.12, Mehul Colours 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 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. Mehul Colours's current Days Payable of 29.99 is 50.1% 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 Mehul Colours 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. Mehul Colours's current Days Payable is 29.99, which is near median its own 10-year median of 30.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mehul Colours stock overvalued right now?
Mehul Colours (BOM:544472) has a current Days Payable of 29.99. The current Days Payable is 29.99, which is near median its 10-year median of 30.36 and 50.1% below the Chemicals industry median of 60.12. Mehul Colours' overall GF Score™ is 21/100 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 Mehul Colours (BOM:544472), the current Days Payable is 29.99 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.

Mehul Colours Business Description

Address Link Road, Chincholi Bunder Road, Unit No - A 305,306, Kemp Plaza, Mind Space, Near Evershine Mall, Malad West, Mumbai, MH, IND, 400064
Mehul Colours Ltd is engaged in the manufacturing of masterbatches, which are used in the plastics industry to impart colour and enhance the functional properties of plastic products. Masterbatches are concentrated mixtures of pigments and additives that are uniformly dispersed in polymer carriers, facilitating the effective integration of colour and performance-enhancing properties into plastic products. In addition to manufacturing masterbatches, it is also engaged in the sale of pigments, which are blended by the company to create customized pigment solutions tailored to specific industry and customer requirements.
21GF Score

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