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Greenlam IndustriesNSE:GREENLAM +0.52%94 Days Payable is 111.53 as of Mar. 2026, which is 24% above its 10-year median of 90.03. GuruFocus rates NSE:GREENLAM with a GF Score™ of 94/100 and a GF Value™ of ₹347.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Greenlam Industries ranks better than 78.85% on this metric.
The historical rank and industry rank for Greenlam Industries's Days Payable or its related term are showing as below:
NSE:GREENLAM'
s Days Payable Range Over the Past 10 Years
Min: 83.62 Med: 90.03 Max: 123.41
Current: 123.41
During the past 13 years, Greenlam Industries's highest Days Payable was 123.41. The lowest was 83.62. And the median was 90.03.
NSE:GREENLAM's Days Payable is ranked better than 78.85% of 416
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.745
vs NSE:GREENLAM: 123.41
Greenlam Industries's Days Payable
declined
from Mar. 2025 (112.51) to Mar. 2026 (111.53).
It may suggest that Greenlam Industriesaccelerated paying its suppliers.
Greenlam Industries Days Payable Related Terms
Greenlam Industries Days Payable Historical Data
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The historical data trend for Greenlam 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:GREENLAM vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, Greenlam 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.
Greenlam Industries Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Greenlam 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.
Greenlam 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.
Greenlam Industries (NSE:GREENLAM) has a Days Payable of 111.53 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 Greenlam Industries and its competitors. This is 24% above median its historical median of 90.03. Over the past decade, Greenlam Industries' Days Payable has ranged from 83.62 to 123.41. According to the industry distribution chart, Greenlam Industries ranks #88 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 21.2%.
Is Greenlam Industries' Days Payable too high?
Greenlam Industries' current Days Payable of 111.53 is 24% above median its 10-year median of 90.03. Over the past 10 years, this metric has ranged from a low of 83.62 to a high of 123.41. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Greenlam Industries' value of 111.53 is 75% above this industry median. Based on the distribution chart, Greenlam Industries ranks #88 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Greenlam Industries has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Greenlam Industries ranks #88 out of 416 companies for Days Payable. This places Greenlam Industries in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 63.75. Greenlam Industries' value of 111.53 is 75% above this benchmark. Historically, Greenlam Industries' own Days Payable has ranged from 83.62 to 123.41 over the past decade. While the company's 10-year median is 90.03 vs. the industry median of 63.75, Greenlam 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 416 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. Greenlam Industries's current Days Payable of 111.53 is 75% 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 Greenlam Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlam Industries's current Days Payable is 111.53, which is 24% above median its own 10-year median of 90.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹347.68, compared to a current price of ₹252.45 — trading 27.4% below its estimated fair value. The current Days Payable is 111.53, which is 24% above median its 10-year median of 90.03 and 75% above the Furnishings, Fixtures & Appliances industry median of 63.75. Greenlam Industries' overall GF Score™ is 94/100 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 Greenlam Industries (NSE:GREENLAM), the current Days Payable is 111.53 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?
Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued.
The current stock price of ₹252.45 is trading 27.4% below its estimated GF Value™ of ₹347.68.
GuruFocus considers Greenlam Industries to be Modestly Undervalued.
Key valuation signals for NSE:GREENLAM:
Days Payable: 111.53 (24% above median its 10-year median of 90.03)
GF Value™: ₹347.68 vs. price of ₹252.45 (27.4% below fair value)
Industry Position: 75% above the Furnishings, Fixtures & Appliances median (#88 of 416)
No single metric tells the full story. See the NSE:GREENLAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
94GF Score
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