De Nora IndiaNSE:DENORA +4.43%70 Days Payable is 61.68 as of Mar. 2026, which is 2% below its 10-year median of 62.83. GuruFocus rates NSE:DENORA with a GF Score™ of 70/100 and a GF Value™ of ₹2,147.58 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,986 Industrial Products companies, De Nora India ranks better than 50.5% on this metric.
The historical rank and industry rank for De Nora India's Days Payable or its related term are showing as below:
NSE:DENORA'
s Days Payable Range Over the Past 10 Years
Min: 35.05 Med: 62.83 Max: 164.4
Current: 78.99
During the past 13 years, De Nora India's highest Days Payable was 164.40. The lowest was 35.05. And the median was 62.83.
NSE:DENORA's Days Payable is ranked better than 50.5% of 2986
companies
in the Industrial Products industry
Industry Median: 77.81
vs NSE:DENORA: 78.99
De Nora India's Days Payable
declined
from Mar. 2025 (63.81) to Mar. 2026 (61.68).
It may suggest that De Nora Indiaaccelerated paying its suppliers.
De Nora India Days Payable Related Terms
De Nora India Days Payable Historical Data
* Premium members only.
The historical data trend for De Nora India'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.
For the Electrical Equipment & Parts subindustry, De Nora India'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.
De Nora India Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, De Nora India's Days Payable distribution charts can be found below:
* The bar in red indicates where De Nora India'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.
De Nora India'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.
De Nora India (NSE:DENORA) has a Days Payable of 61.68 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 De Nora India and its competitors. This is near median its historical median of 62.83. Over the past decade, De Nora India's Days Payable has ranged from 35.05 to 164.40. According to the industry distribution chart, De Nora India ranks #1478 out of 2986 companies in the Industrial Products industry, placing it in the top 49.5%.
Is De Nora India's Days Payable too high?
De Nora India's current Days Payable of 61.68 is near median its 10-year median of 62.83. Over the past 10 years, this metric has ranged from a low of 35.05 to a high of 164.40. The Industrial Products industry median Days Payable is 77.81. De Nora India's value of 61.68 is 20.7% below this industry median. Based on the distribution chart, De Nora India ranks #1478 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, De Nora India has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does De Nora India's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, De Nora India ranks #1478 out of 2986 companies for Days Payable. This puts De Nora India in the upper half of its industry. The industry median Days Payable is 77.81. De Nora India's value of 61.68 is 20.7% below this benchmark. Historically, De Nora India's own Days Payable has ranged from 35.05 to 164.40 over the past decade. While the company's 10-year median is 62.83 vs. the industry median of 77.81, De Nora India 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.81, based on 2,986 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. De Nora India's current Days Payable of 61.68 is 20.7% 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 De Nora India and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De Nora India's current Days Payable is 61.68, which is near median its own 10-year median of 62.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Nora India stock overvalued right now?
Based on GuruFocus' analysis, De Nora India (NSE:DENORA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,147.58, compared to a current price of ₹886.00 — trading 58.7% below its estimated fair value. The current Days Payable is 61.68, which is near median its 10-year median of 62.83 and 20.7% below the Industrial Products industry median of 77.81. De Nora India's overall GF Score™ is 70/100 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 De Nora India (NSE:DENORA), the current Days Payable is 61.68 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 De Nora India (NSE:DENORA) Overvalued in 2026?
Based on GuruFocus' analysis, De Nora India stock appears to be undervalued.
The current stock price of ₹886.00 is trading 58.7% below its estimated GF Value™ of ₹2,147.58.
GuruFocus considers De Nora India to be Significantly Undervalued.
Key valuation signals for NSE:DENORA:
Days Payable: 61.68 (near median its 10-year median of 62.83)
GF Value™: ₹2,147.58 vs. price of ₹886.00 (58.7% below fair value)
Industry Position: 20.7% below the Industrial Products median (#1478 of 2986)
No single metric tells the full story. See the NSE:DENORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
De Nora India Ltd is principally engaged in the manufacturing of Electrolytic Products, including anodes, cathodes, electrochlorinators, and Water Technology products. It operates as a single integrated business unit. The company generates the majority of its revenue from the Sale of services. Geographically, the company generates the majority of its revenue from India.
70GF Score
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