Fine Organic Industries (NSE:FINEORG) Days Payable: 42.30 (As of Mar. 2026) — Near Median


NSE:FINEORG Fine Organic Industries Ltd NSE:FINEORG
97 GF Score
Price ₹5,206.50
GF Value ₹4,756.47
Valuation Fairly Valued
! 6 Warning Signs
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What is Fine Organic Industries Days Payable?

Fine Organic Industries NSE:FINEORG +0.27% 97 Days Payable is 42.30 as of Mar. 2026, which is 1% above its 10-year median of 41.98. GuruFocus rates NSE:FINEORG with a GF Score™ of 97/100 and a GF Value™ of ₹4,756.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,555 Chemicals companies, Fine Organic Industries ranks worse than 72.35% on this metric.

Fine Organic Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,730 Mil. Fine Organic Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,733 Mil. Hence, Fine Organic Industries's Days Payable for the three months ended in Mar. 2026 was 42.30.

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

NSE:FINEORG' s Days Payable Range Over the Past 10 Years
Min: 33.68   Med: 41.98   Max: 46.64
Current: 37.53

During the past 13 years, Fine Organic Industries's highest Days Payable was 46.64. The lowest was 33.68. And the median was 41.98.

NSE:FINEORG's Days Payable is ranked worse than
72.35% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs NSE:FINEORG: 37.53

Fine Organic Industries's Days Payable increased from Mar. 2025 (38.69) to Mar. 2026 (42.30). It may suggest that Fine Organic Industries delayed paying its suppliers.


Fine Organic Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Fine Organic 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.

Fine Organic Industries Days Payable Chart

Fine Organic Industries 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 38.60 33.68 46.64 39.95 42.32

Fine Organic Industries 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 38.69 40.46 28.37 28.80 42.30

NSE:FINEORG vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Fine Organic 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.


Fine Organic Industries Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fine Organic Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Fine Organic Industries's Days Payable falls into.


NSE:FINEORG
97GF Score
Fine Organic Industries Ltd NSE:FINEORG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fine Organic Industries 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.

Fine Organic Industries'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
=( (1554.527 + 1730.363) / 2 ) / 14165.643*365
=1642.445 / 14165.643*365
=42.32

Fine Organic Industries'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 + 1730.363) / 1 ) / 3732.587*365 / 4
=1730.363 / 3732.587*365 / 4
=42.30

* 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 42.30 mean?
Fine Organic Industries (NSE:FINEORG) has a Days Payable of 42.30 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 Fine Organic Industries and its competitors. This is near median its historical median of 41.98. Over the past decade, Fine Organic Industries' Days Payable has ranged from 33.68 to 46.64. According to the industry distribution chart, Fine Organic Industries ranks #1125 out of 1555 companies in the Chemicals industry, placing it in the top 72.3%.
Is Fine Organic Industries' Days Payable too high?
Fine Organic Industries' current Days Payable of 42.30 is near median its 10-year median of 41.98. Over the past 10 years, this metric has ranged from a low of 33.68 to a high of 46.64. The Chemicals industry median Days Payable is 59.95. Fine Organic Industries' value of 42.30 is 29.4% below this industry median. Based on the distribution chart, Fine Organic Industries ranks #1125 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, Fine Organic Industries has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fine Organic Industries' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Fine Organic Industries ranks #1125 out of 1555 companies for Days Payable. This places Fine Organic Industries in the lower half of its industry. The industry median Days Payable is 59.95. Fine Organic Industries' value of 42.30 is 29.4% below this benchmark. Historically, Fine Organic Industries' own Days Payable has ranged from 33.68 to 46.64 over the past decade. While the company's 10-year median is 41.98 vs. the industry median of 59.95, Fine Organic Industries 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. Fine Organic Industries's current Days Payable of 42.30 is 29.4% 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 Fine Organic Industries and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Organic Industries's current Days Payable is 42.30, which is near median its own 10-year median of 41.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Organic Industries stock overvalued right now?
Based on GuruFocus' analysis, Fine Organic Industries (NSE:FINEORG) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,756.47, compared to a current price of ₹5,206.50 — trading 9.5% above its estimated fair value. The current Days Payable is 42.30, which is near median its 10-year median of 41.98 and 29.4% below the Chemicals industry median of 59.95. Fine Organic Industries' overall GF Score™ is 97/100 with 6 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 Fine Organic Industries (NSE:FINEORG), the current Days Payable is 42.30 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 Fine Organic Industries (NSE:FINEORG) Overvalued in 2026?

Based on GuruFocus' analysis, Fine Organic Industries stock appears to be overvalued. The current stock price of ₹5,206.50 is trading 9.5% above its estimated GF Value™ of ₹4,756.47. GuruFocus considers Fine Organic Industries to be Fairly Valued.

Key valuation signals for NSE:FINEORG:

  • Days Payable: 42.30 (near median its 10-year median of 41.98)
  • GF Value™: ₹4,756.47 vs. price of ₹5,206.50 (9.5% above fair value)
  • GF Score™: 97/100 with 6 warning signs
  • Industry Position: 29.4% below the Chemicals median (#1125 of 1555)

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


Fine Organic Industries Business Description

Other Exchanges 541557:India
Address Anandji Street, Off M. G. Road, Fine House, Ghatkopar (East), Mumbai, MH, IND, 400077
Fine Organic Industries Ltd is an Indian company engaged in the business of manufacturing oleochemical-based additives. The company produces specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, and several other specialty applications. Some of the chemicals in its product portfolio are Finalux G 101, Finasoft 100, Finamul 2402, and FinaGreen 1014 among others. Geographically, the company generates a majority of its revenue from outside India by exporting its products to various countries.
97GF Score

Get the complete analysis for NSE:FINEORG

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

₹5,206.50
Price
₹4,756.47
GF Value