Aarti Industries (NSE:AARTIIND) Days Payable: 127.10 (As of Mar. 2026) — 178% Above Median


NSE:AARTIIND Aarti Industries Ltd NSE:AARTIIND
88 GF Score
Price ₹488.50
GF Value ₹593.59
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Aarti Industries Days Payable?

Aarti Industries NSE:AARTIIND +0.16% 88 Days Payable is 127.10 as of Mar. 2026, which is 178% above its 10-year median of 45.71. GuruFocus rates NSE:AARTIIND with a GF Score™ of 88/100 and a GF Value™ of ₹593.59 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,550 Chemicals companies, Aarti Industries ranks better than 77.16% on this metric.

Aarti Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹18,400 Mil. Aarti Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹13,210 Mil. Hence, Aarti Industries's Days Payable for the three months ended in Mar. 2026 was 127.10.

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

NSE:AARTIIND' s Days Payable Range Over the Past 10 Years
Min: 21.79   Med: 45.71   Max: 105
Current: 103

During the past 13 years, Aarti Industries's highest Days Payable was 105.00. The lowest was 21.79. And the median was 45.71.

NSE:AARTIIND's Days Payable is ranked better than
77.16% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs NSE:AARTIIND: 103.00

Aarti Industries's Days Payable increased from Mar. 2025 (90.26) to Mar. 2026 (127.10). It may suggest that Aarti Industries delayed paying its suppliers.


Aarti Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Aarti Industries'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.

Aarti Industries Days Payable Chart

Aarti Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.68 21.79 36.86 76.94 105.00

Aarti Industries 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 90.26 100.64 96.29 86.48 127.10

NSE:AARTIIND vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Aarti Industries'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.


Aarti Industries Days Payable vs Chemicals Industry

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

* The bar in red indicates where Aarti Industries's Days Payable falls into.


NSE:AARTIIND
88GF Score
Aarti Industries Ltd NSE:AARTIIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aarti Industries 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.

Aarti Industries'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
=( (12374.8 + 18400) / 2 ) / 53490*365
=15387.4 / 53490*365
=105.00

Aarti Industries'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
=( (0 + 18400) / 1 ) / 13210*365 / 4
=18400 / 13210*365 / 4
=127.10

* 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 127.10 mean?
Aarti Industries (NSE:AARTIIND) has a Days Payable of 127.10 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 Aarti Industries and its competitors. This is 178% above median its historical median of 45.71. Over the past decade, Aarti Industries' Days Payable has ranged from 21.79 to 105.00. According to the industry distribution chart, Aarti Industries ranks #354 out of 1550 companies in the Chemicals industry, placing it in the top 22.8%.
Is Aarti Industries' Days Payable too high?
Aarti Industries' current Days Payable of 127.10 is 178% above median its 10-year median of 45.71. Over the past 10 years, this metric has ranged from a low of 21.79 to a high of 105.00. The Chemicals industry median Days Payable is 59.80. Aarti Industries' value of 127.10 is 112.6% above this industry median. Based on the distribution chart, Aarti Industries ranks #354 out of 1550 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Aarti Industries has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aarti Industries' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Aarti Industries ranks #354 out of 1550 companies for Days Payable. This places Aarti Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.80. Aarti Industries' value of 127.10 is 112.6% above this benchmark. Historically, Aarti Industries' own Days Payable has ranged from 21.79 to 105.00 over the past decade. While the company's 10-year median is 45.71 vs. the industry median of 59.80, Aarti Industries 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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. Aarti Industries's current Days Payable of 127.10 is 112.6% 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 Aarti Industries and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aarti Industries's current Days Payable is 127.10, which is 178% above median its own 10-year median of 45.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aarti Industries stock overvalued right now?
Based on GuruFocus' analysis, Aarti Industries (NSE:AARTIIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹593.59, compared to a current price of ₹488.50 — trading 17.7% below its estimated fair value. The current Days Payable is 127.10, which is 178% above median its 10-year median of 45.71 and 112.6% above the Chemicals industry median of 59.80. Aarti Industries' overall GF Score™ is 88/100 with 8 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 Aarti Industries (NSE:AARTIIND), the current Days Payable is 127.10 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 Aarti Industries (NSE:AARTIIND) Overvalued in 2026?

Based on GuruFocus' analysis, Aarti Industries stock appears to be undervalued. The current stock price of ₹488.50 is trading 17.7% below its estimated GF Value™ of ₹593.59. GuruFocus considers Aarti Industries to be Modestly Undervalued.

Key valuation signals for NSE:AARTIIND:

  • Days Payable: 127.10 (178% above median its 10-year median of 45.71)
  • GF Value™: ₹593.59 vs. price of ₹488.50 (17.7% below fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 112.6% above the Chemicals median (#354 of 1550)

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


Aarti Industries Business Description

Other Exchanges 524208:India
Address Mulund Goregaon Link Road, L.B.S. Marg, 71, Udyog Kshetra, 2nd Floor, Mulund (West), Mumbai, MH, IND, 400080
Aarti Industries Ltd manufactures and sells chemicals and chemical-based products. It sells benzene-based chemicals, which are used in agricultural products, dyes and pigments, and flavors and fragrances. The company provides applications for industries spanning agrochemicals, pharmaceuticals, polymers and additives, fertilizers, dyes and pigments, home and personal care (FMCG), energy, and more. The company generates maximum revenue by exporting its products to other countries and the rest through its domestic operations.
88GF Score

Get the complete analysis for NSE:AARTIIND

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

₹488.50
Price
₹593.59
GF Value