Pioneer Cement (KAR:PIOC) Days Payable: 38.97 (As of Mar. 2026) — 43% Below Median


KAR:PIOC Pioneer Cement Ltd KAR:PIOC
84 GF Score
Price ₨273.85
GF Value ₨134.39
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pioneer Cement Days Payable?

Pioneer Cement KAR:PIOC 84 Days Payable is 38.97 as of Mar. 2026, which is 43% below its 10-year median of 67.95. GuruFocus rates KAR:PIOC with a GF Score™ of 84/100 and a GF Value™ of ₨134.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 394 Building Materials companies, Pioneer Cement ranks worse than 74.37% on this metric.

Pioneer Cement's average Accounts Payable for the three months ended in Mar. 2026 was ₨3,043 Mil. Pioneer Cement's Cost of Goods Sold for the three months ended in Mar. 2026 was ₨7,125 Mil. Hence, Pioneer Cement's Days Payable for the three months ended in Mar. 2026 was 38.97.

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

KAR:PIOC' s Days Payable Range Over the Past 10 Years
Min: 26.19   Med: 67.95   Max: 121.6
Current: 41.72

During the past 13 years, Pioneer Cement's highest Days Payable was 121.60. The lowest was 26.19. And the median was 67.95.

KAR:PIOC's Days Payable is ranked worse than
74.37% of 394 companies
in the Building Materials industry
Industry Median: 69.765 vs KAR:PIOC: 41.72

Pioneer Cement's Days Payable declined from Mar. 2025 (59.19) to Mar. 2026 (38.97). It may suggest that Pioneer Cement accelerated paying its suppliers.


Pioneer Cement Days Payable Historical Data

* Premium members only.

The historical data trend for Pioneer Cement'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.

Pioneer Cement Days Payable Chart

Pioneer Cement Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.58 89.22 82.70 76.62 55.07

Pioneer Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.19 48.47 43.33 36.13 38.97

KAR:PIOC vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Pioneer Cement'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.


Pioneer Cement Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Pioneer Cement's Days Payable distribution charts can be found below:

* The bar in red indicates where Pioneer Cement's Days Payable falls into.


KAR:PIOC
84GF Score
Pioneer Cement Ltd KAR:PIOC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Cement 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.

Pioneer Cement's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (3686.249 + 3213.889) / 2 ) / 22865.087*365
=3450.069 / 22865.087*365
=55.07

Pioneer Cement'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3323.059 + 2763.594) / 2 ) / 7125.361*365 / 4
=3043.3265 / 7125.361*365 / 4
=38.97

* 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 38.97 mean?
Pioneer Cement (KAR:PIOC) has a Days Payable of 38.97 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 Pioneer Cement and its competitors. This is 43% below median its historical median of 67.95. Over the past decade, Pioneer Cement's Days Payable has ranged from 26.19 to 121.60. According to the industry distribution chart, Pioneer Cement ranks #293 out of 394 companies in the Building Materials industry, placing it in the top 74.4%.
Is Pioneer Cement's Days Payable too high?
Pioneer Cement's current Days Payable of 38.97 is 43% below median its 10-year median of 67.95. Over the past 10 years, this metric has ranged from a low of 26.19 to a high of 121.60. The Building Materials industry median Days Payable is 69.77. Pioneer Cement's value of 38.97 is 44.1% below this industry median. Based on the distribution chart, Pioneer Cement ranks #293 out of 394 companies in the Building Materials industry, which is below the industry midpoint. Overall, Pioneer Cement has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Cement's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Pioneer Cement ranks #293 out of 394 companies for Days Payable. This places Pioneer Cement in the lower half of its industry. The industry median Days Payable is 69.77. Pioneer Cement's value of 38.97 is 44.1% below this benchmark. Historically, Pioneer Cement's own Days Payable has ranged from 26.19 to 121.60 over the past decade. While the company's 10-year median is 67.95 vs. the industry median of 69.77, Pioneer Cement 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.77, based on 394 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. Pioneer Cement's current Days Payable of 38.97 is 44.1% 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 Pioneer Cement and its competitors. For the Building Materials industry, the median Days Payable is 69.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Cement's current Days Payable is 38.97, which is 43% below median its own 10-year median of 67.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Cement stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Cement (KAR:PIOC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨134.39, compared to a current price of ₨273.85 — trading 103.8% above its estimated fair value. The current Days Payable is 38.97, which is 43% below median its 10-year median of 67.95 and 44.1% below the Building Materials industry median of 69.77. Pioneer Cement's overall GF Score™ is 84/100 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 Pioneer Cement (KAR:PIOC), the current Days Payable is 38.97 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.

Is Pioneer Cement (KAR:PIOC) Overvalued in 2026?

Based on GuruFocus' analysis, Pioneer Cement stock appears to be overvalued. The current stock price of ₨273.85 is trading 103.8% above its estimated GF Value™ of ₨134.39. GuruFocus considers Pioneer Cement to be Significantly Overvalued.

Key valuation signals for KAR:PIOC:

  • Days Payable: 38.97 (43% below median its 10-year median of 67.95)
  • GF Value™: ₨134.39 vs. price of ₨273.85 (103.8% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 44.1% below the Building Materials median (#293 of 394)

No single metric tells the full story. See the KAR:PIOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pioneer Cement Business Description

Address 64-B/I, Gulberg-III, Lahore, PB, PAK
Pioneer Cement Ltd is a cement producer. The company's production facility is situated at Chenki, District Khushab in Punjab Province. The product range consists of Ordinary Portland Cement and Sulphate Resistant Cement. Its Ordinary Portland Cement is used for all structural work including all kinds of concrete construction and Sulphate Resistant Cement is used where sulfate salts are present in the soil or in saline water. Geographically, the company operates within Pakistan and Afghanistan and generates a majority of its revenue from Pakistan.
84GF Score

Get the complete analysis for KAR:PIOC

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

₨273.85
Price
₨134.39
GF Value