3M IndiaNSE:3MINDIA +1.80%90 Days Payable is 88.84 as of Mar. 2026, which is 4% below its 10-year median of 92.32. GuruFocus rates NSE:3MINDIA with a GF Score™ of 90/100 and a GF Value™ of ₹38,158.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 510 Conglomerates companies, 3M India ranks better than 73.14% on this metric.
3M India's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹8,204 Mil. 3M India's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹8,426 Mil.
Hence, 3M India's Days Payable for the
three
months ended in Mar. 2026 was 88.84.
The historical rank and industry rank for 3M India's Days Payable or its related term are showing as below:
NSE:3MINDIA'
s Days Payable Range Over the Past 10 Years
Min: 68.34 Med: 92.32 Max: 111.65
Current: 91.24
During the past 13 years, 3M India's highest Days Payable was 111.65. The lowest was 68.34. And the median was 92.32.
NSE:3MINDIA's Days Payable is ranked better than 73.14% of 510
companies
in the Conglomerates industry
Industry Median: 56.11
vs NSE:3MINDIA: 91.24
3M India's Days Payable
declined
from Mar. 2025 (97.54) to Mar. 2026 (88.84).
It may suggest that 3M Indiaaccelerated paying its suppliers.
3M India Days Payable Related Terms
3M India Days Payable Historical Data
* Premium members only.
The historical data trend for 3M India'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.
For the Conglomerates subindustry, 3M India'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.
3M India Days Payable vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, 3M India's Days Payable distribution charts can be found below:
* The bar in red indicates where 3M India's Days Payable falls into.
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.
3M India's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
3M India (NSE:3MINDIA) has a Days Payable of 88.84 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 3M India and its competitors. This is near median its historical median of 92.32. Over the past decade, 3M India's Days Payable has ranged from 68.34 to 111.65. According to the industry distribution chart, 3M India ranks #137 out of 510 companies in the Conglomerates industry, placing it in the top 26.9%.
Is 3M India's Days Payable too high?
3M India's current Days Payable of 88.84 is near median its 10-year median of 92.32. Over the past 10 years, this metric has ranged from a low of 68.34 to a high of 111.65. The Conglomerates industry median Days Payable is 56.11. 3M India's value of 88.84 is 58.3% above this industry median. Based on the distribution chart, 3M India ranks #137 out of 510 companies in the Conglomerates industry, which is above the industry midpoint. Overall, 3M India has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 3M India's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, 3M India ranks #137 out of 510 companies for Days Payable. This puts 3M India in the upper half of its industry. The industry median Days Payable is 56.11. 3M India's value of 88.84 is 58.3% above this benchmark. Historically, 3M India's own Days Payable has ranged from 68.34 to 111.65 over the past decade. While the company's 10-year median is 92.32 vs. the industry median of 56.11, 3M India has consistently been above 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.11, based on 510 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. 3M India's current Days Payable of 88.84 is 58.3% above 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 3M India and its competitors. For the Conglomerates industry, the median Days Payable is 56.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3M India's current Days Payable is 88.84, which is near median its own 10-year median of 92.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3M India stock overvalued right now?
Based on GuruFocus' analysis, 3M India (NSE:3MINDIA) is currently considered Fairly Valued. The stock's GF Value™ is ₹38,158.68, compared to a current price of ₹35,370.00 — trading 7.3% below its estimated fair value. The current Days Payable is 88.84, which is near median its 10-year median of 92.32 and 58.3% above the Conglomerates industry median of 56.11. 3M India's overall GF Score™ is 90/100 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 3M India (NSE:3MINDIA), the current Days Payable is 88.84 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 3M India (NSE:3MINDIA) Overvalued in 2026?
Based on GuruFocus' analysis, 3M India stock appears to be undervalued.
The current stock price of ₹35,370.00 is trading 7.3% below its estimated GF Value™ of ₹38,158.68.
GuruFocus considers 3M India to be Fairly Valued.
Key valuation signals for NSE:3MINDIA:
Days Payable: 88.84 (near median its 10-year median of 92.32)
GF Value™: ₹38,158.68 vs. price of ₹35,370.00 (7.3% below fair value)
Industry Position: 58.3% above the Conglomerates median (#137 of 510)
No single metric tells the full story. See the NSE:3MINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
3M India Ltd is an Indian conglomerate operating in various industries. The company's operating segments are; the Safety and Industrial segment which offers solutions including personal safety products, industrial adhesives and tapes, abrasives, electrical products, and products for the automotive aftermarket. Transportation and Electronics which derives maximum revenue, consist of products for automotive and aerospace, commercial solutions, materials, and solutions for transportation safety. The Consumer business segment serves consumers with home care, office supplies and stationery, home improvement, and consumer healthcare products; and the Healthcare segment provides products and services such as medical and surgical supplies, oral care solutions and filtration.
90GF Score
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