Asian Paints (NSE:ASIANPAINT) Days Payable: 70.07 (As of Mar. 2026) — Near Median


NSE:ASIANPAINT Asian Paints Ltd NSE:ASIANPAINT
99 GF Score
Price ₹2,737.80
GF Value ₹2,960.64
Valuation Fairly Valued
! 3 Warning Signs
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What is Asian Paints Days Payable?

Asian Paints NSE:ASIANPAINT -0.24% 99 Days Payable is 70.07 as of Mar. 2026, which is 6% below its 10-year median of 74.38. GuruFocus rates NSE:ASIANPAINT with a GF Score™ of 99/100 and a GF Value™ of ₹2,960.64 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,550 Chemicals companies, Asian Paints ranks better than 57.29% on this metric.

Asian Paints's average Accounts Payable for the three months ended in Mar. 2026 was ₹39,190 Mil. Asian Paints's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹51,035 Mil. Hence, Asian Paints's Days Payable for the three months ended in Mar. 2026 was 70.07.

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

NSE:ASIANPAINT' s Days Payable Range Over the Past 10 Years
Min: 67.46   Med: 74.38   Max: 83.63
Current: 68.04

During the past 13 years, Asian Paints's highest Days Payable was 83.63. The lowest was 67.46. And the median was 74.38.

NSE:ASIANPAINT's Days Payable is ranked better than
57.29% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs NSE:ASIANPAINT: 68.04

Asian Paints's Days Payable declined from Mar. 2025 (75.78) to Mar. 2026 (70.07). It may suggest that Asian Paints accelerated paying its suppliers.


Asian Paints Days Payable Historical Data

* Premium members only.

The historical data trend for Asian Paints'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.

Asian Paints Days Payable Chart

Asian Paints 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 75.32 67.46 68.61 72.74 70.85

Asian Paints 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 75.78 69.32 63.55 62.49 70.07

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

For the Specialty Chemicals subindustry, Asian Paints'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.


Asian Paints Days Payable vs Chemicals Industry

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

* The bar in red indicates where Asian Paints's Days Payable falls into.


NSE:ASIANPAINT
99GF Score
Asian Paints Ltd NSE:ASIANPAINT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asian Paints 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.

Asian Paints'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
=( (38919.2 + 39189.8) / 2 ) / 201194.9*365
=39054.5 / 201194.9*365
=70.85

Asian Paints'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 + 39189.8) / 1 ) / 51035.2*365 / 4
=39189.8 / 51035.2*365 / 4
=70.07

* 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 70.07 mean?
Asian Paints (NSE:ASIANPAINT) has a Days Payable of 70.07 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 Asian Paints and its competitors. This is near median its historical median of 74.38. Over the past decade, Asian Paints' Days Payable has ranged from 67.46 to 83.63. According to the industry distribution chart, Asian Paints ranks #662 out of 1550 companies in the Chemicals industry, placing it in the top 42.7%.
Is Asian Paints' Days Payable too high?
Asian Paints' current Days Payable of 70.07 is near median its 10-year median of 74.38. Over the past 10 years, this metric has ranged from a low of 67.46 to a high of 83.63. The Chemicals industry median Days Payable is 59.80. Asian Paints' value of 70.07 is 17.2% above this industry median. Based on the distribution chart, Asian Paints ranks #662 out of 1550 companies in the Chemicals industry, which is above the industry midpoint. Overall, Asian Paints has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asian Paints' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asian Paints ranks #662 out of 1550 companies for Days Payable. This puts Asian Paints in the upper half of its industry. The industry median Days Payable is 59.80. Asian Paints' value of 70.07 is 17.2% above this benchmark. Historically, Asian Paints' own Days Payable has ranged from 67.46 to 83.63 over the past decade. While the company's 10-year median is 74.38 vs. the industry median of 59.80, Asian Paints 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. Asian Paints's current Days Payable of 70.07 is 17.2% 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 Asian Paints 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. Asian Paints's current Days Payable is 70.07, which is near median its own 10-year median of 74.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Paints stock overvalued right now?
Based on GuruFocus' analysis, Asian Paints (NSE:ASIANPAINT) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,960.64, compared to a current price of ₹2,737.80 — trading 7.5% below its estimated fair value. The current Days Payable is 70.07, which is near median its 10-year median of 74.38 and 17.2% above the Chemicals industry median of 59.80. Asian Paints' overall GF Score™ is 99/100 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 Asian Paints (NSE:ASIANPAINT), the current Days Payable is 70.07 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 Asian Paints (NSE:ASIANPAINT) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Paints stock appears to be undervalued. The current stock price of ₹2,737.80 is trading 7.5% below its estimated GF Value™ of ₹2,960.64. GuruFocus considers Asian Paints to be Fairly Valued.

Key valuation signals for NSE:ASIANPAINT:

  • Days Payable: 70.07 (near median its 10-year median of 74.38)
  • GF Value™: ₹2,960.64 vs. price of ₹2,737.80 (7.5% below fair value)
  • GF Score™: 99/100 with 3 warning signs
  • Industry Position: 17.2% above the Chemicals median (#662 of 1550)

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


Asian Paints Business Description

Other Exchanges 500820:India
Address 6A & 6B, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055
Asian Paints Ltd is in the business of colour, decor, design and protection and operates through Decorative, International, Home Decor, and Industrial segments. The Decorative segment offers interior and exterior wall finishes, wood finishes, waterproofing, enamels, adhesives, tools, and undercoats. The Home Decor segment offers modular kitchens and wardrobes, bath fittings and sanitaryware, decorative lightings, uPVC windows and doors, wall coverings, furniture, fabric and furnishings, and rugs. The International segment caters to customers across Asia, the Middle East, Africa and the South Pacific. The Industrial segment provides automotive, general industrial, packaging, marine, industrial protective coatings, and powder coatings. The majority of revenue comes from India.
99GF Score

Get the complete analysis for NSE:ASIANPAINT

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

₹2,737.80
Price
₹2,960.64
GF Value