Ceranitaryware (NSE:CERA) Days Payable: 57.25 (As of Mar. 2026) — 17% Below Median


NSE:CERA Cera Sanitaryware Ltd NSE:CERA
88 GF Score
Price ₹6,323.50
GF Value ₹7,940.55
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ceranitaryware Days Payable?

Ceranitaryware NSE:CERA -0.85% 88 Days Payable is 57.25 as of Mar. 2026, which is 17% below its 10-year median of 68.85. GuruFocus rates NSE:CERA with a GF Score™ of 88/100 and a GF Value™ of ₹7,940.55 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,711 Construction companies, Ceranitaryware ranks worse than 54% on this metric.

Ceranitaryware's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,202 Mil. Ceranitaryware's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,510 Mil. Hence, Ceranitaryware's Days Payable for the three months ended in Mar. 2026 was 57.25.

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

NSE:CERA' s Days Payable Range Over the Past 10 Years
Min: 60.14   Med: 68.85   Max: 76.1
Current: 69.81

During the past 13 years, Ceranitaryware's highest Days Payable was 76.10. The lowest was 60.14. And the median was 68.85.

NSE:CERA's Days Payable is ranked worse than
54% of 1711 companies
in the Construction industry
Industry Median: 76.6 vs NSE:CERA: 69.81

Ceranitaryware's Days Payable declined from Mar. 2025 (61.32) to Mar. 2026 (57.25). It may suggest that Ceranitaryware accelerated paying its suppliers.


Ceranitaryware Days Payable Historical Data

* Premium members only.

The historical data trend for Ceranitaryware'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.

Ceranitaryware Days Payable Chart

Ceranitaryware 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 73.66 71.22 76.10 69.71 67.99

Ceranitaryware 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 61.32 88.33 69.75 67.35 57.25

NSE:CERA vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Ceranitaryware'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.


Ceranitaryware Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Ceranitaryware's Days Payable distribution charts can be found below:

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


NSE:CERA
88GF Score
Cera Sanitaryware Ltd NSE:CERA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ceranitaryware 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.

Ceranitaryware'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
=( (1919.826 + 2201.982) / 2 ) / 11063.088*365
=2060.904 / 11063.088*365
=67.99

Ceranitaryware'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 + 2201.982) / 1 ) / 3509.992*365 / 4
=2201.982 / 3509.992*365 / 4
=57.25

* 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 57.25 mean?
Ceranitaryware (NSE:CERA) has a Days Payable of 57.25 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 Ceranitaryware and its competitors. This is 17% below median its historical median of 68.85. Over the past decade, Ceranitaryware's Days Payable has ranged from 60.14 to 76.10. According to the industry distribution chart, Ceranitaryware ranks #924 out of 1711 companies in the Construction industry, placing it in the top 54%.
Is Ceranitaryware's Days Payable too high?
Ceranitaryware's current Days Payable of 57.25 is 17% below median its 10-year median of 68.85. Over the past 10 years, this metric has ranged from a low of 60.14 to a high of 76.10. The Construction industry median Days Payable is 76.60. Ceranitaryware's value of 57.25 is 25.3% below this industry median. Based on the distribution chart, Ceranitaryware ranks #924 out of 1711 companies in the Construction industry, which is below the industry midpoint. Overall, Ceranitaryware has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ceranitaryware's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Ceranitaryware ranks #924 out of 1711 companies for Days Payable. This places Ceranitaryware in the lower half of its industry. The industry median Days Payable is 76.60. Ceranitaryware's value of 57.25 is 25.3% below this benchmark. Historically, Ceranitaryware's own Days Payable has ranged from 60.14 to 76.10 over the past decade. While the company's 10-year median is 68.85 vs. the industry median of 76.60, Ceranitaryware 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,711 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. Ceranitaryware's current Days Payable of 57.25 is 25.3% 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 Ceranitaryware and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceranitaryware's current Days Payable is 57.25, which is 17% below median its own 10-year median of 68.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceranitaryware stock overvalued right now?
Based on GuruFocus' analysis, Ceranitaryware (NSE:CERA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹7,940.55, compared to a current price of ₹6,323.50 — trading 20.4% below its estimated fair value. The current Days Payable is 57.25, which is 17% below median its 10-year median of 68.85 and 25.3% below the Construction industry median of 76.60. Ceranitaryware's overall GF Score™ is 88/100 with 4 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 Ceranitaryware (NSE:CERA), the current Days Payable is 57.25 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 Ceranitaryware (NSE:CERA) Overvalued in 2026?

Based on GuruFocus' analysis, Ceranitaryware stock appears to be undervalued. The current stock price of ₹6,323.50 is trading 20.4% below its estimated GF Value™ of ₹7,940.55. GuruFocus considers Ceranitaryware to be Modestly Undervalued.

Key valuation signals for NSE:CERA:

  • Days Payable: 57.25 (17% below median its 10-year median of 68.85)
  • GF Value™: ₹7,940.55 vs. price of ₹6,323.50 (20.4% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 25.3% below the Construction median (#924 of 1711)

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


Ceranitaryware Business Description

Other Exchanges 532443:India
Address Ambli BRTS Road, ISKCON Cross Roads, 7th and 8th Floor, B Wing, Privilon, Ahmedabad, GJ, IND, 380 059
Cera Sanitaryware Ltd manufactures, markets, and distributes building products. Some of its products include wash basins, flushing systems, bath accessories, quarter turn, overhead showers, health faucets, bathroom allied products, bathroom accessories, mirrors, and others. Geographically the company has operations only in India.
88GF Score

Get the complete analysis for NSE:CERA

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

₹6,323.50
Price
₹7,940.55
GF Value