Coromandel International (NSE:COROMANDEL) Days Payable: 80.39 (As of Mar. 2026) — 27% Below Median

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NSE:COROMANDEL Coromandel International Ltd NSE:COROMANDEL
94 GF Score
Price ₹2,034.30
GF Value ₹2,494.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Coromandel International Days Payable?

Coromandel International NSE:COROMANDEL +0.60% 94 Days Payable is 80.39 as of Mar. 2026, which is 27% below its 10-year median of 110.79. GuruFocus rates NSE:COROMANDEL with a GF Score™ of 94/100 and a GF Value™ of ₹2,494.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 245 Agriculture companies, Coromandel International ranks better than 55.1% on this metric.

Coromandel International's average Accounts Payable for the three months ended in Mar. 2026 was ₹38,050 Mil. Coromandel International's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹43,189 Mil. Hence, Coromandel International's Days Payable for the three months ended in Mar. 2026 was 80.39.

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

NSE:COROMANDEL' s Days Payable Range Over the Past 10 Years
Min: 51.89   Med: 110.79   Max: 141.95
Current: 83.19

During the past 13 years, Coromandel International's highest Days Payable was 141.95. The lowest was 51.89. And the median was 110.79.

NSE:COROMANDEL's Days Payable is ranked better than
55.1% of 245 companies
in the Agriculture industry
Industry Median: 72.56 vs NSE:COROMANDEL: 83.19

Coromandel International's Days Payable increased from Mar. 2025 (77.23) to Mar. 2026 (80.39). It may suggest that Coromandel International delayed paying its suppliers.


Coromandel International Days Payable Historical Data

* Premium members only.

The historical data trend for Coromandel International'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.

Coromandel International Days Payable Chart

Coromandel International 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 86.85 71.14 116.38 83.81 51.89

Coromandel International 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 77.23 51.70 116.63 127.27 80.39

NSE:COROMANDEL vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, Coromandel International'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.


Coromandel International Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Coromandel International's Days Payable distribution charts can be found below:

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


NSE:COROMANDEL
94GF Score
Coromandel International Ltd NSE:COROMANDEL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Coromandel International 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.

Coromandel International'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
=( (29681.9 + 38050.3) / 2 ) / 238212.2*365
=33866.1 / 238212.2*365
=51.89

Coromandel International'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 + 38050.3) / 1 ) / 43189.4*365 / 4
=38050.3 / 43189.4*365 / 4
=80.39

* 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 80.39 mean?
Coromandel International (NSE:COROMANDEL) has a Days Payable of 80.39 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 Coromandel International and its competitors. This is 27% below median its historical median of 110.79. Over the past decade, Coromandel International's Days Payable has ranged from 51.89 to 141.95. According to the industry distribution chart, Coromandel International ranks #110 out of 245 companies in the Agriculture industry, placing it in the top 44.9%.
Is Coromandel International's Days Payable too high?
Coromandel International's current Days Payable of 80.39 is 27% below median its 10-year median of 110.79. Over the past 10 years, this metric has ranged from a low of 51.89 to a high of 141.95. The Agriculture industry median Days Payable is 72.56. Coromandel International's value of 80.39 is 10.8% above this industry median. Based on the distribution chart, Coromandel International ranks #110 out of 245 companies in the Agriculture industry, which is above the industry midpoint. Overall, Coromandel International has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coromandel International's Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, Coromandel International ranks #110 out of 245 companies for Days Payable. This puts Coromandel International in the upper half of its industry. The industry median Days Payable is 72.56. Coromandel International's value of 80.39 is 10.8% above this benchmark. Historically, Coromandel International's own Days Payable has ranged from 51.89 to 141.95 over the past decade. While the company's 10-year median is 110.79 vs. the industry median of 72.56, Coromandel International 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 an Agriculture company?
The median Days Payable among Agriculture companies is 72.56, based on 245 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. Coromandel International's current Days Payable of 80.39 is 10.8% 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 Coromandel International and its competitors. For the Agriculture industry, the median Days Payable is 72.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coromandel International's current Days Payable is 80.39, which is 27% below median its own 10-year median of 110.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coromandel International stock overvalued right now?
Based on GuruFocus' analysis, Coromandel International (NSE:COROMANDEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,494.81, compared to a current price of ₹2,034.30 — trading 18.5% below its estimated fair value. The current Days Payable is 80.39, which is 27% below median its 10-year median of 110.79 and 10.8% above the Agriculture industry median of 72.56. Coromandel International's overall GF Score™ is 94/100 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 Coromandel International (NSE:COROMANDEL), the current Days Payable is 80.39 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 Coromandel International (NSE:COROMANDEL) Overvalued in 2026?

Based on GuruFocus' analysis, Coromandel International stock appears to be undervalued. The current stock price of ₹2,034.30 is trading 18.5% below its estimated GF Value™ of ₹2,494.81. GuruFocus considers Coromandel International to be Modestly Undervalued.

Key valuation signals for NSE:COROMANDEL:

  • Days Payable: 80.39 (27% below median its 10-year median of 110.79)
  • GF Value™: ₹2,494.81 vs. price of ₹2,034.30 (18.5% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 10.8% above the Agriculture median (#110 of 245)

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


Coromandel International Business Description

Other Exchanges 506395:India
Address SIDCO Industrial Estate, 15B SP, Olympia Terraces, Guindy, Chennai, TN, IND, 600032
Coromandel International Ltd manufactures and sells fertilizers and crop protection chemicals to the agriculture industry. The firm's revenue is generated in India, but the company also derives revenue in Latin America and Africa. The company's main product lines consist of organic manure, specialty nutrients that include water-soluble fertilizers, and single super phosphate fertilizers. Coromandel's primary brands include Gromor Suraksha and Godavari fertilizers. The firm also owns and operates retail outlets known as Mana Grormor Centers. It categorizes the operating segments into Nutrient and other allied business, which derives maximum revenue, and Crop Protection. Geographically, the company generates a majority of its revenue from its operations in India.
94GF Score

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

₹2,034.30
Price
₹2,494.81
GF Value