Britannia Industries (NSE:BRITANNIA) Days Payable: 63.36 (As of Mar. 2026) — 12% Above Median

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NSE:BRITANNIA Britannia Industries Ltd NSE:BRITANNIA
94 GF Score
Price ₹5,412.50
GF Value ₹6,109.68
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Britannia Industries Days Payable?

Britannia Industries NSE:BRITANNIA +1.92% 94 Days Payable is 63.36 as of Mar. 2026, which is 12% above its 10-year median of 56.76. GuruFocus rates NSE:BRITANNIA with a GF Score™ of 94/100 and a GF Value™ of ₹6,109.68 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,891 Consumer Packaged Goods companies, Britannia Industries ranks better than 65.73% on this metric.

Britannia Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹18,964 Mil. Britannia Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹27,311 Mil. Hence, Britannia Industries's Days Payable for the three months ended in Mar. 2026 was 63.36.

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

NSE:BRITANNIA' s Days Payable Range Over the Past 10 Years
Min: 49.66   Med: 56.76   Max: 60.45
Current: 60.45

During the past 13 years, Britannia Industries's highest Days Payable was 60.45. The lowest was 49.66. And the median was 56.76.

NSE:BRITANNIA's Days Payable is ranked better than
65.73% of 1891 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs NSE:BRITANNIA: 60.45

Britannia Industries's Days Payable increased from Mar. 2025 (60.22) to Mar. 2026 (63.36). It may suggest that Britannia Industries delayed paying its suppliers.


Britannia Industries Days Payable Historical Data

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The historical data trend for Britannia 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.

Britannia Industries Days Payable Chart

Britannia 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 54.67 52.46 58.80 58.17 59.81

Britannia 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 60.22 57.95 60.85 60.91 63.36

NSE:BRITANNIA vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Britannia 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.


Britannia Industries Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Britannia Industries's Days Payable distribution charts can be found below:

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


NSE:BRITANNIA
94GF Score
Britannia Industries Ltd NSE:BRITANNIA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Britannia 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.

Britannia 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
=( (17522.3 + 18964.1) / 2 ) / 111328.8*365
=18243.2 / 111328.8*365
=59.81

Britannia 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 + 18964.1) / 1 ) / 27310.6*365 / 4
=18964.1 / 27310.6*365 / 4
=63.36

* 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 63.36 mean?
Britannia Industries (NSE:BRITANNIA) has a Days Payable of 63.36 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 Britannia Industries and its competitors. This is 12% above median its historical median of 56.76. Over the past decade, Britannia Industries' Days Payable has ranged from 49.66 to 60.45. According to the industry distribution chart, Britannia Industries ranks #648 out of 1891 companies in the Consumer Packaged Goods industry, placing it in the top 34.3%.
Is Britannia Industries' Days Payable too high?
Britannia Industries' current Days Payable of 63.36 is 12% above median its 10-year median of 56.76. Over the past 10 years, this metric has ranged from a low of 49.66 to a high of 60.45. The Consumer Packaged Goods industry median Days Payable is 44.15. Britannia Industries' value of 63.36 is 43.5% above this industry median. Based on the distribution chart, Britannia Industries ranks #648 out of 1891 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Britannia Industries has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Britannia Industries' Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Britannia Industries ranks #648 out of 1891 companies for Days Payable. This puts Britannia Industries in the upper half of its industry. The industry median Days Payable is 44.15. Britannia Industries' value of 63.36 is 43.5% above this benchmark. Historically, Britannia Industries' own Days Payable has ranged from 49.66 to 60.45 over the past decade. While the company's 10-year median is 56.76 vs. the industry median of 44.15, Britannia 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,891 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. Britannia Industries's current Days Payable of 63.36 is 43.5% 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 Britannia Industries and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Britannia Industries's current Days Payable is 63.36, which is 12% above median its own 10-year median of 56.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Britannia Industries stock overvalued right now?
Based on GuruFocus' analysis, Britannia Industries (NSE:BRITANNIA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹6,109.68, compared to a current price of ₹5,412.50 — trading 11.4% below its estimated fair value. The current Days Payable is 63.36, which is 12% above median its 10-year median of 56.76 and 43.5% above the Consumer Packaged Goods industry median of 44.15. Britannia Industries' overall GF Score™ is 94/100 with 1 warning sign 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 Britannia Industries (NSE:BRITANNIA), the current Days Payable is 63.36 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 Britannia Industries (NSE:BRITANNIA) Overvalued in 2026?

Based on GuruFocus' analysis, Britannia Industries stock appears to be undervalued. The current stock price of ₹5,412.50 is trading 11.4% below its estimated GF Value™ of ₹6,109.68. GuruFocus considers Britannia Industries to be Modestly Undervalued.

Key valuation signals for NSE:BRITANNIA:

  • Days Payable: 63.36 (12% above median its 10-year median of 56.76)
  • GF Value™: ₹6,109.68 vs. price of ₹5,412.50 (11.4% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 43.5% above the Consumer Packaged Goods median (#648 of 1891)

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


Britannia Industries Business Description

Other Exchanges 500825:India
Address Whitefield Main Road, The Business Precinct, Tower C, 15th, 16th & 17th Floor, Prestige Shantiniketan, Mahadevapura Post, Bengaluru, KA, IND, 560048
Britannia Industries Ltd is an Indian packaged-food company involved in the Manufacturing, trading, and selling food products. Its main product categories are biscuits, breads, dairy, cakes, and rusks. The biscuits product line offers sweet biscuits under the GoodDay brand, crackers under the Five thousand fifty brands, nutritional and digestive biscuits under the NutriChoice brand, and other products. The bread products segment offers whole-wheat breads, white sandwich breads, and bread assortments. The dairy product line sells cheese, milk, and yogurt under the Britannia brand. The cake segment offers bar cakes, muffins, and many more. The operating segment of the Company is identified to be Foods.
94GF Score

Get the complete analysis for NSE:BRITANNIA

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

₹5,412.50
Price
₹6,109.68
GF Value