SK Minerals & Additives (BOM:544584) Days Payable: 0.24 (As of Mar. 2026) — 91% Below Median

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BOM:544584 SK Minerals & Additives Ltd BOM:544584
17 GF Score
Price ₹490.90
! 6 Warning Signs
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What is SK Minerals & Additives Days Payable?

SK Minerals & Additives BOM:544584 +0.84% 17 Days Payable is 0.24 as of Mar. 2026, which is 91% below its 10-year median of 2.58. GuruFocus rates BOM:544584 with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 1,554 Chemicals companies, SK Minerals & Additives ranks worse than 100% on this metric.

SK Minerals & Additives's average Accounts Payable for the six months ended in Mar. 2026 was ₹2 Mil. SK Minerals & Additives's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹2,553 Mil. Hence, SK Minerals & Additives's Days Payable for the six months ended in Mar. 2026 was 0.12.

The historical rank and industry rank for SK Minerals & Additives's Days Payable or its related term are showing as below:

BOM:544584' s Days Payable Range Over the Past 10 Years
Min: 0.21   Med: 2.58   Max: 7.16
Current: 0.24

During the past 4 years, SK Minerals & Additives's highest Days Payable was 7.16. The lowest was 0.21. And the median was 2.58.

BOM:544584's Days Payable is ranked worse than
100% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs BOM:544584: 0.24

SK Minerals & Additives's Days Payable declined from Mar. 2024 (4.92) to Mar. 2026 (0.24). It may suggest that SK Minerals & Additives accelerated paying its suppliers.


SK Minerals & Additives Days Payable Historical Data

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The historical data trend for SK Minerals & Additives'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.

SK Minerals & Additives Days Payable Chart

SK Minerals & Additives Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
7.16 4.92 0.21 0.24

SK Minerals & Additives Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Days Payable 7.16 4.92 0.21 0.24

BOM:544584 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, SK Minerals & Additives'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.


SK Minerals & Additives Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SK Minerals & Additives's Days Payable distribution charts can be found below:

* The bar in red indicates where SK Minerals & Additives's Days Payable falls into.


BOM:544584
17GF Score
SK Minerals & Additives Ltd BOM:544584
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SK Minerals & Additives 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.

SK Minerals & Additives'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
=( (0.937 + 2.465) / 2 ) / 2552.509*365
=1.701 / 2552.509*365
=0.24

SK Minerals & Additives'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.937 + 2.465) / 2 ) / 2552.509*365 / 2
=1.701 / 2552.509*365 / 2
=0.12

* 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 0.24 mean?
SK Minerals & Additives (BOM:544584) has a Days Payable of 0.24 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 SK Minerals & Additives and its competitors. This is 91% below median its historical median of 2.58. Over the past decade, SK Minerals & Additives' Days Payable has ranged from 0.21 to 7.16. According to the industry distribution chart, SK Minerals & Additives ranks #1554 out of 1554 companies in the Chemicals industry.
Is SK Minerals & Additives' Days Payable too high?
SK Minerals & Additives' current Days Payable of 0.24 is 91% below median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 7.16. The Chemicals industry median Days Payable is 59.57. SK Minerals & Additives' value of 0.24 is 99.6% below this industry median. Based on the distribution chart, SK Minerals & Additives ranks #1554 out of 1554 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, SK Minerals & Additives has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does SK Minerals & Additives' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, SK Minerals & Additives ranks #1554 out of 1554 companies for Days Payable. This places SK Minerals & Additives in the lower half of its industry. The industry median Days Payable is 59.57. SK Minerals & Additives' value of 0.24 is 99.6% below this benchmark. Historically, SK Minerals & Additives' own Days Payable has ranged from 0.21 to 7.16 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 59.57, SK Minerals & Additives 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. SK Minerals & Additives's current Days Payable of 0.24 is 99.6% 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 SK Minerals & Additives 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. SK Minerals & Additives's current Days Payable is 0.24, which is 91% below median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SK Minerals & Additives stock overvalued right now?
SK Minerals & Additives (BOM:544584) has a current Days Payable of 0.24. The current Days Payable is 0.24, which is 91% below median its 10-year median of 2.58 and 99.6% below the Chemicals industry median of 59.57. SK Minerals & Additives' overall GF Score™ is 17/100 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 SK Minerals & Additives (BOM:544584), the current Days Payable is 0.24 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.

SK Minerals & Additives Business Description

Address G.T Road, Satkartar Building, Near Khalsa Petrol Pump, Khanna, Ludhiana, PB, IND, 141401
SK Minerals & Additives Ltd is engaged in the trading and manufacturing of various chemicals and minerals for industries such as Food and Bakery, Animal Feed, Plywood, and Petroleum. Its product portfolio includes Glycinates and EDTAs in variants like Zinc, Copper, and Magnesium, along with Mineral Mixtures, Calcium Propionate, Ferric Pyrophosphate, Technical Grade Urea, Virgin Base Oil, Magnesium Oxide, By-Pass Fat, and others. The company offers products across categories such as Flame Retardant Additives, Feed Additives, Food Additives, and Industrial and Specialty Chemicals. It operates in North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific, with the majority of its revenue coming from the Asia Pacific region.
17GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹490.90
Price