Dollex Agrotech (NSE:DOLLEX) Days Payable: 107.97 (As of Mar. 2026) — 33% Below Median


NSE:DOLLEX Dollex Agrotech Ltd NSE:DOLLEX
77 GF Score
Price ₹30.00
GF Value ₹44.88
Valuation Possible Value Trap
! 9 Warning Signs
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What is Dollex Agrotech Days Payable?

Dollex Agrotech NSE:DOLLEX -0.33% 77 Days Payable is 107.97 as of Mar. 2026, which is 33% below its 10-year median of 161.48. GuruFocus rates NSE:DOLLEX with a GF Score™ of 77/100 and a GF Value™ of ₹44.88 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,881 Consumer Packaged Goods companies, Dollex Agrotech ranks better than 81.92% on this metric.

Dollex Agrotech's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,118 Mil. Dollex Agrotech's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹945 Mil. Hence, Dollex Agrotech's Days Payable for the three months ended in Mar. 2026 was 107.97.

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

NSE:DOLLEX' s Days Payable Range Over the Past 10 Years
Min: 95.63   Med: 161.48   Max: 466.21
Current: 95.63

During the past 7 years, Dollex Agrotech's highest Days Payable was 466.21. The lowest was 95.63. And the median was 161.48.

NSE:DOLLEX's Days Payable is ranked better than
81.92% of 1881 companies
in the Consumer Packaged Goods industry
Industry Median: 44.14 vs NSE:DOLLEX: 95.63

Dollex Agrotech's Days Payable increased from Mar. 2025 (31.36) to Mar. 2026 (107.97). It may suggest that Dollex Agrotech delayed paying its suppliers.


Dollex Agrotech Days Payable Historical Data

* Premium members only.

The historical data trend for Dollex Agrotech'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.

Dollex Agrotech Days Payable Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 161.48 194.28 265.89 124.34 142.25

Dollex Agrotech Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Mar23 Sep23 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 31.36 113.22 2.45 6.08 107.97

NSE:DOLLEX vs MDLZ, HSY, TR: Days Payable Comparison

For the Confectioners subindustry, Dollex Agrotech'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.


Dollex Agrotech Days Payable vs Consumer Packaged Goods Industry

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

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


NSE:DOLLEX
77GF Score
Dollex Agrotech Ltd NSE:DOLLEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dollex Agrotech 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.

Dollex Agrotech'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
=( (376.12 + 1118.045) / 2 ) / 1916.98*365
=747.0825 / 1916.98*365
=142.25

Dollex Agrotech'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 + 1118.045) / 1 ) / 944.873*365 / 4
=1118.045 / 944.873*365 / 4
=107.97

* 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 107.97 mean?
Dollex Agrotech (NSE:DOLLEX) has a Days Payable of 107.97 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 Dollex Agrotech and its competitors. This is 33% below median its historical median of 161.48. Over the past decade, Dollex Agrotech's Days Payable has ranged from 95.63 to 466.21. According to the industry distribution chart, Dollex Agrotech ranks #340 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 18.1%.
Is Dollex Agrotech's Days Payable too high?
Dollex Agrotech's current Days Payable of 107.97 is 33% below median its 10-year median of 161.48. Over the past 10 years, this metric has ranged from a low of 95.63 to a high of 466.21. The Consumer Packaged Goods industry median Days Payable is 44.14. Dollex Agrotech's value of 107.97 is 144.6% above this industry median. Based on the distribution chart, Dollex Agrotech ranks #340 out of 1881 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Dollex Agrotech has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dollex Agrotech's Days Payable compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dollex Agrotech ranks #340 out of 1881 companies for Days Payable. This places Dollex Agrotech in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.14. Dollex Agrotech's value of 107.97 is 144.6% above this benchmark. Historically, Dollex Agrotech's own Days Payable has ranged from 95.63 to 466.21 over the past decade. While the company's 10-year median is 161.48 vs. the industry median of 44.14, Dollex Agrotech 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 44.14, based on 1,881 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. Dollex Agrotech's current Days Payable of 107.97 is 144.6% 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 Dollex Agrotech and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollex Agrotech's current Days Payable is 107.97, which is 33% below median its own 10-year median of 161.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollex Agrotech stock overvalued right now?
Based on GuruFocus' analysis, Dollex Agrotech (NSE:DOLLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹44.88, compared to a current price of ₹30.00 — trading 33.2% below its estimated fair value. The current Days Payable is 107.97, which is 33% below median its 10-year median of 161.48 and 144.6% above the Consumer Packaged Goods industry median of 44.14. Dollex Agrotech's overall GF Score™ is 77/100 with 9 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 Dollex Agrotech (NSE:DOLLEX), the current Days Payable is 107.97 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 Dollex Agrotech (NSE:DOLLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Dollex Agrotech stock appears to be undervalued. The current stock price of ₹30.00 is trading 33.2% below its estimated GF Value™ of ₹44.88. GuruFocus considers Dollex Agrotech to be Possible Value Trap.

Key valuation signals for NSE:DOLLEX:

  • Days Payable: 107.97 (33% below median its 10-year median of 161.48)
  • GF Value™: ₹44.88 vs. price of ₹30.00 (33.2% below fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 144.6% above the Consumer Packaged Goods median (#340 of 1881)

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


Dollex Agrotech Business Description

Address 19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company produces and sells its primary products, which include jaggery powder, khandsari sugar, and sells by-products such as molasses, press mud, and bagasse. The bagasse generated produces power, enabling captive power generation up to 3 MW. The company operates through two segments: trading and manufacturing, with the manufacturing segment generating the maximum revenue.
77GF Score

Get the complete analysis for NSE:DOLLEX

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

₹30.00
Price
₹44.88
GF Value