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Excel IndustriesNSE:EXCELINDUS -0.07%72 Days Payable is 85.27 as of Mar. 2026, which is 15% below its 10-year median of 99.95. GuruFocus rates NSE:EXCELINDUS with a GF Score™ of 72/100 and a GF Value™ of ₹1,167.47 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,552 Chemicals companies, Excel Industries ranks better than 75.13% on this metric.
The historical rank and industry rank for Excel Industries's Days Payable or its related term are showing as below:
NSE:EXCELINDUS'
s Days Payable Range Over the Past 10 Years
Min: 83.02 Med: 99.95 Max: 116.13
Current: 98.25
During the past 13 years, Excel Industries's highest Days Payable was 116.13. The lowest was 83.02. And the median was 99.95.
NSE:EXCELINDUS's Days Payable is ranked better than 75.13% of 1552
companies
in the Chemicals industry
Industry Median: 59.645
vs NSE:EXCELINDUS: 98.25
Excel Industries's Days Payable
declined
from Mar. 2025 (91.95) to Mar. 2026 (85.27).
It may suggest that Excel Industriesaccelerated paying its suppliers.
Excel Industries Days Payable Related Terms
Excel Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Excel 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.
NSE:EXCELINDUS vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Excel 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.
Excel Industries Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Excel Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Excel Industries'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.
Excel Industries'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.
Excel Industries (NSE:EXCELINDUS) has a Days Payable of 85.27 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 Excel Industries and its competitors. This is 15% below median its historical median of 99.95. Over the past decade, Excel Industries' Days Payable has ranged from 83.02 to 116.13. According to the industry distribution chart, Excel Industries ranks #386 out of 1552 companies in the Chemicals industry, placing it in the top 24.9%.
Is Excel Industries' Days Payable too high?
Excel Industries' current Days Payable of 85.27 is 15% below median its 10-year median of 99.95. Over the past 10 years, this metric has ranged from a low of 83.02 to a high of 116.13. The Chemicals industry median Days Payable is 59.65. Excel Industries' value of 85.27 is 43% above this industry median. Based on the distribution chart, Excel Industries ranks #386 out of 1552 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Excel Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excel Industries' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Excel Industries ranks #386 out of 1552 companies for Days Payable. This places Excel Industries in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.65. Excel Industries' value of 85.27 is 43% above this benchmark. Historically, Excel Industries' own Days Payable has ranged from 83.02 to 116.13 over the past decade. While the company's 10-year median is 99.95 vs. the industry median of 59.65, Excel 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.65, based on 1,552 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. Excel Industries's current Days Payable of 85.27 is 43% 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 Excel Industries and its competitors. For the Chemicals industry, the median Days Payable is 59.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excel Industries's current Days Payable is 85.27, which is 15% below median its own 10-year median of 99.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Industries stock overvalued right now?
Based on GuruFocus' analysis, Excel Industries (NSE:EXCELINDUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,167.47, compared to a current price of ₹911.40 — trading 21.9% below its estimated fair value. The current Days Payable is 85.27, which is 15% below median its 10-year median of 99.95 and 43% above the Chemicals industry median of 59.65. Excel Industries' overall GF Score™ is 72/100 with 5 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 Excel Industries (NSE:EXCELINDUS), the current Days Payable is 85.27 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 Excel Industries (NSE:EXCELINDUS) Overvalued in 2026?
Based on GuruFocus' analysis, Excel Industries stock appears to be undervalued.
The current stock price of ₹911.40 is trading 21.9% below its estimated GF Value™ of ₹1,167.47.
GuruFocus considers Excel Industries to be Modestly Undervalued.
Key valuation signals for NSE:EXCELINDUS:
Days Payable: 85.27 (15% below median its 10-year median of 99.95)
GF Value™: ₹1,167.47 vs. price of ₹911.40 (21.9% below fair value)
Industry Position: 43% above the Chemicals median (#386 of 1552)
No single metric tells the full story. See the NSE:EXCELINDUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Excel Industries Ltd is a chemical manufacturer based in India. The company is organized into two business segments namely; Chemicals segment which comprises of manufacture of speciality chemicals, intermediates and actives catering to various end user segments like Agrochemicals, Water Treatment, Soaps & Detergents, Lube Oil Additives, Mining Chemicals, Polymer Additives and Pharmaceuticals; and Environment and Biotech segment which comprises of Organic waste management composting, Municipal solid waste management, Plastic waste management and Construction and demolition waste management. The majority of its revenues come from Chemicals segment. It generates maximum revenue from within India.
72GF Score
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