Finolex IndustriesNSE:FINPIPE +0.20%86 Days Payable is 48.72 as of Mar. 2026, which is 2% above its 10-year median of 47.84. GuruFocus rates NSE:FINPIPE with a GF Score™ of 86/100 and a GF Value™ of ₹210.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,710 Construction companies, Finolex Industries ranks worse than 64.8% on this metric.
The historical rank and industry rank for Finolex Industries's Days Payable or its related term are showing as below:
NSE:FINPIPE'
s Days Payable Range Over the Past 10 Years
Min: 35.96 Med: 47.84 Max: 61.74
Current: 56.96
During the past 13 years, Finolex Industries's highest Days Payable was 61.74. The lowest was 35.96. And the median was 47.84.
NSE:FINPIPE's Days Payable is ranked worse than 64.8% of 1710
companies
in the Construction industry
Industry Median: 76.79
vs NSE:FINPIPE: 56.96
Finolex Industries's Days Payable
declined
from Mar. 2025 (52.78) to Mar. 2026 (48.72).
It may suggest that Finolex Industriesaccelerated paying its suppliers.
Finolex Industries Days Payable Related Terms
Finolex Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Finolex 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:FINPIPE vs TT, JCI, CARR: Days Payable Comparison
For the Building Products & Equipment subindustry, Finolex 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.
Finolex Industries Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Finolex Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Finolex 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.
Finolex 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.
Finolex Industries (NSE:FINPIPE) has a Days Payable of 48.72 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 Finolex Industries and its competitors. This is near median its historical median of 47.84. Over the past decade, Finolex Industries' Days Payable has ranged from 35.96 to 61.74. According to the industry distribution chart, Finolex Industries ranks #1108 out of 1710 companies in the Construction industry, placing it in the top 64.8%.
Is Finolex Industries' Days Payable too high?
Finolex Industries' current Days Payable of 48.72 is near median its 10-year median of 47.84. Over the past 10 years, this metric has ranged from a low of 35.96 to a high of 61.74. The Construction industry median Days Payable is 76.79. Finolex Industries' value of 48.72 is 36.6% below this industry median. Based on the distribution chart, Finolex Industries ranks #1108 out of 1710 companies in the Construction industry, which is below the industry midpoint. Overall, Finolex Industries has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finolex Industries' Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Finolex Industries ranks #1108 out of 1710 companies for Days Payable. This places Finolex Industries in the lower half of its industry. The industry median Days Payable is 76.79. Finolex Industries' value of 48.72 is 36.6% below this benchmark. Historically, Finolex Industries' own Days Payable has ranged from 35.96 to 61.74 over the past decade. While the company's 10-year median is 47.84 vs. the industry median of 76.79, Finolex 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. Finolex Industries's current Days Payable of 48.72 is 36.6% 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 Finolex Industries and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Industries's current Days Payable is 48.72, which is near median its own 10-year median of 47.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Industries stock overvalued right now?
Based on GuruFocus' analysis, Finolex Industries (NSE:FINPIPE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹210.62, compared to a current price of ₹174.87 — trading 17% below its estimated fair value. The current Days Payable is 48.72, which is near median its 10-year median of 47.84 and 36.6% below the Construction industry median of 76.79. Finolex Industries' overall GF Score™ is 86/100 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 Finolex Industries (NSE:FINPIPE), the current Days Payable is 48.72 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 Finolex Industries (NSE:FINPIPE) Overvalued in 2026?
Based on GuruFocus' analysis, Finolex Industries stock appears to be undervalued.
The current stock price of ₹174.87 is trading 17% below its estimated GF Value™ of ₹210.62.
GuruFocus considers Finolex Industries to be Modestly Undervalued.
Key valuation signals for NSE:FINPIPE:
Days Payable: 48.72 (near median its 10-year median of 47.84)
GF Value™: ₹210.62 vs. price of ₹174.87 (17% below fair value)
Industry Position: 36.6% below the Construction median (#1108 of 1710)
No single metric tells the full story. See the NSE:FINPIPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.
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