Ashapura MinechemNSE:ASHAPURMIN +3.60%78 Days Payable is 156.38 as of Mar. 2026, which is 26% below its 10-year median of 212.14. GuruFocus rates NSE:ASHAPURMIN with a GF Score™ of 78/100 and a GF Value™ of ₹762.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,064 Metals & Mining companies, Ashapura Minechem ranks better than 53.85% on this metric.
The historical rank and industry rank for Ashapura Minechem's Days Payable or its related term are showing as below:
NSE:ASHAPURMIN'
s Days Payable Range Over the Past 10 Years
Min: 144.53 Med: 212.14 Max: 271.42
Current: 160.62
During the past 13 years, Ashapura Minechem's highest Days Payable was 271.42. The lowest was 144.53. And the median was 212.14.
NSE:ASHAPURMIN's Days Payable is ranked better than 53.85% of 1064
companies
in the Metals & Mining industry
Industry Median: 126.885
vs NSE:ASHAPURMIN: 160.62
Ashapura Minechem's Days Payable
declined
from Mar. 2025 (364.09) to Mar. 2026 (156.38).
It may suggest that Ashapura Minechemaccelerated paying its suppliers.
Ashapura Minechem Days Payable Related Terms
Ashapura Minechem Days Payable Historical Data
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The historical data trend for Ashapura Minechem'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.
Ashapura Minechem Days Payable Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Ashapura Minechem'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.
Ashapura Minechem Days Payable vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ashapura Minechem's Days Payable distribution charts can be found below:
* The bar in red indicates where Ashapura Minechem'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.
Ashapura Minechem'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.
Ashapura Minechem (NSE:ASHAPURMIN) has a Days Payable of 156.38 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 Ashapura Minechem and its competitors. This is 26% below median its historical median of 212.14. Over the past decade, Ashapura Minechem's Days Payable has ranged from 144.53 to 271.42. According to the industry distribution chart, Ashapura Minechem ranks #491 out of 1064 companies in the Metals & Mining industry, placing it in the top 46.1%.
Is Ashapura Minechem's Days Payable too high?
Ashapura Minechem's current Days Payable of 156.38 is 26% below median its 10-year median of 212.14. Over the past 10 years, this metric has ranged from a low of 144.53 to a high of 271.42. The Metals & Mining industry median Days Payable is 126.89. Ashapura Minechem's value of 156.38 is 23.2% above this industry median. Based on the distribution chart, Ashapura Minechem ranks #491 out of 1064 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ashapura Minechem has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashapura Minechem's Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Ashapura Minechem ranks #491 out of 1064 companies for Days Payable. This puts Ashapura Minechem in the upper half of its industry. The industry median Days Payable is 126.89. Ashapura Minechem's value of 156.38 is 23.2% above this benchmark. Historically, Ashapura Minechem's own Days Payable has ranged from 144.53 to 271.42 over the past decade. While the company's 10-year median is 212.14 vs. the industry median of 126.89, Ashapura Minechem 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 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. Ashapura Minechem's current Days Payable of 156.38 is 23.2% 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 Ashapura Minechem and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapura Minechem's current Days Payable is 156.38, which is 26% below median its own 10-year median of 212.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Minechem stock overvalued right now?
Based on GuruFocus' analysis, Ashapura Minechem (NSE:ASHAPURMIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹762.40, compared to a current price of ₹663.05 — trading 13% below its estimated fair value. The current Days Payable is 156.38, which is 26% below median its 10-year median of 212.14 and 23.2% above the Metals & Mining industry median of 126.89. Ashapura Minechem's overall GF Score™ is 78/100 with 3 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 Ashapura Minechem (NSE:ASHAPURMIN), the current Days Payable is 156.38 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 Ashapura Minechem (NSE:ASHAPURMIN) Overvalued in 2026?
Based on GuruFocus' analysis, Ashapura Minechem stock appears to be undervalued.
The current stock price of ₹663.05 is trading 13% below its estimated GF Value™ of ₹762.40.
GuruFocus considers Ashapura Minechem to be Modestly Undervalued.
Key valuation signals for NSE:ASHAPURMIN:
Days Payable: 156.38 (26% below median its 10-year median of 212.14)
GF Value™: ₹762.40 vs. price of ₹663.05 (13% below fair value)
Industry Position: 23.2% above the Metals & Mining median (#491 of 1064)
No single metric tells the full story. See the NSE:ASHAPURMIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashapura Minechem Ltd is engaged in the mining, manufacturing, and trading of various minerals and their derivative products, and related services. The primary products of the company include bentonite, bauxite, kaolin, Calcined China Clay (CCC), and Ground Calcium Carbonate (GCC). The group has a single segment: Minerals and its derivative products. The majority of its revenue is generated through exports.
78GF Score
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