Andhra Paper (NSE:ANDHRAPAP) Days Payable: 37.89 (As of Mar. 2026) — 48% Below Median


NSE:ANDHRAPAP Andhra Paper Ltd NSE:ANDHRAPAP
74 GF Score
Price ₹62.96
GF Value ₹86.59
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Andhra Paper Days Payable?

Andhra Paper NSE:ANDHRAPAP +1.47% 74 Days Payable is 37.89 as of Mar. 2026, which is 48% below its 10-year median of 73.29. GuruFocus rates NSE:ANDHRAPAP with a GF Score™ of 74/100 and a GF Value™ of ₹86.59 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 276 Forest Products companies, Andhra Paper ranks worse than 55.8% on this metric.

Andhra Paper's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,592 Mil. Andhra Paper's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,835 Mil. Hence, Andhra Paper's Days Payable for the three months ended in Mar. 2026 was 37.89.

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

NSE:ANDHRAPAP' s Days Payable Range Over the Past 10 Years
Min: 51.68   Med: 73.29   Max: 95.73
Current: 53.55

During the past 13 years, Andhra Paper's highest Days Payable was 95.73. The lowest was 51.68. And the median was 73.29.

NSE:ANDHRAPAP's Days Payable is ranked worse than
55.8% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs NSE:ANDHRAPAP: 53.55

Andhra Paper's Days Payable declined from Mar. 2025 (58.23) to Mar. 2026 (37.89). It may suggest that Andhra Paper accelerated paying its suppliers.


Andhra Paper Days Payable Historical Data

* Premium members only.

The historical data trend for Andhra Paper'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.

Andhra Paper Days Payable Chart

Andhra Paper 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 63.83 62.33 73.50 71.99 51.68

Andhra Paper 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 58.23 63.37 64.13 58.52 37.89

Andhra Paper Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Andhra Paper'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.


Andhra Paper Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Andhra Paper's Days Payable distribution charts can be found below:

* The bar in red indicates where Andhra Paper's Days Payable falls into.


NSE:ANDHRAPAP
74GF Score
Andhra Paper Ltd NSE:ANDHRAPAP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Andhra Paper 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.

Andhra Paper'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
=( (1894.094 + 1592.408) / 2 ) / 12313.116*365
=1743.251 / 12313.116*365
=51.68

Andhra Paper'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 + 1592.408) / 1 ) / 3835.237*365 / 4
=1592.408 / 3835.237*365 / 4
=37.89

* 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 37.89 mean?
Andhra Paper (NSE:ANDHRAPAP) has a Days Payable of 37.89 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 Andhra Paper and its competitors. This is 48% below median its historical median of 73.29. Over the past decade, Andhra Paper's Days Payable has ranged from 51.68 to 95.73. According to the industry distribution chart, Andhra Paper ranks #154 out of 276 companies in the Forest Products industry, placing it in the top 55.8%.
Is Andhra Paper's Days Payable too high?
Andhra Paper's current Days Payable of 37.89 is 48% below median its 10-year median of 73.29. Over the past 10 years, this metric has ranged from a low of 51.68 to a high of 95.73. The Forest Products industry median Days Payable is 57.93. Andhra Paper's value of 37.89 is 34.6% below this industry median. Based on the distribution chart, Andhra Paper ranks #154 out of 276 companies in the Forest Products industry, which is below the industry midpoint. Overall, Andhra Paper has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andhra Paper's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Andhra Paper ranks #154 out of 276 companies for Days Payable. This places Andhra Paper in the lower half of its industry. The industry median Days Payable is 57.93. Andhra Paper's value of 37.89 is 34.6% below this benchmark. Historically, Andhra Paper's own Days Payable has ranged from 51.68 to 95.73 over the past decade. While the company's 10-year median is 73.29 vs. the industry median of 57.93, Andhra Paper 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Andhra Paper's current Days Payable of 37.89 is 34.6% 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 Andhra Paper and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andhra Paper's current Days Payable is 37.89, which is 48% below median its own 10-year median of 73.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andhra Paper stock overvalued right now?
Based on GuruFocus' analysis, Andhra Paper (NSE:ANDHRAPAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹86.59, compared to a current price of ₹62.96 — trading 27.3% below its estimated fair value. The current Days Payable is 37.89, which is 48% below median its 10-year median of 73.29 and 34.6% below the Forest Products industry median of 57.93. Andhra Paper's overall GF Score™ is 74/100 with 5 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 Andhra Paper (NSE:ANDHRAPAP), the current Days Payable is 37.89 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 Andhra Paper (NSE:ANDHRAPAP) Overvalued in 2026?

Based on GuruFocus' analysis, Andhra Paper stock appears to be undervalued. The current stock price of ₹62.96 is trading 27.3% below its estimated GF Value™ of ₹86.59. GuruFocus considers Andhra Paper to be Modestly Undervalued.

Key valuation signals for NSE:ANDHRAPAP:

  • Days Payable: 37.89 (48% below median its 10-year median of 73.29)
  • GF Value™: ₹86.59 vs. price of ₹62.96 (27.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 34.6% below the Forest Products median (#154 of 276)

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


Andhra Paper Business Description

Other Exchanges 502330:India
Address No. 31, Chowringee Road, Park Street, 1st Floor, Kolkata, WB, IND, 700016
Andhra Paper Ltd is an integrated paper and pulp manufacturer in India. The company is engaged in the business of manufacturing pulp, paper, and paperboard and produces writing, printing, copier, and industrial papers for Indian and international markets. In addition, the company also provides a range of office documentation and multipurpose papers, from economy to premium grades for both home and commercial use. The company generates maximum revenue from its business in India and the rest from the sale of its products outside India.
74GF Score

Get the complete analysis for NSE:ANDHRAPAP

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

₹62.96
Price
₹86.59
GF Value