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The historical rank and industry rank for Grindwell Norton's Days Payable or its related term are showing as below:
NSE:GRINDWELL'
s Days Payable Range Over the Past 10 Years
Min: 74.86 Med: 96 Max: 125.41
Current: 118.63
During the past 13 years, Grindwell Norton's highest Days Payable was 125.41. The lowest was 74.86. And the median was 96.00.
NSE:GRINDWELL's Days Payable is ranked better than 68.12% of 1716
companies
in the Construction industry
Industry Median: 76.595
vs NSE:GRINDWELL: 118.63
Grindwell Norton's Days Payable
declined
from Mar. 2025 (119.01) to Mar. 2026 (117.81).
It may suggest that Grindwell Nortonaccelerated paying its suppliers.
Grindwell Norton Days Payable Related Terms
Grindwell Norton Days Payable Historical Data
* Premium members only.
The historical data trend for Grindwell Norton'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:GRINDWELL vs TT, JCI, CARR: Days Payable Comparison
For the Building Products & Equipment subindustry, Grindwell Norton'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.
Grindwell Norton Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Grindwell Norton's Days Payable distribution charts can be found below:
* The bar in red indicates where Grindwell Norton'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.
Grindwell Norton'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.
Grindwell Norton (NSE:GRINDWELL) has a Days Payable of 117.81 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 Grindwell Norton and its competitors. This is 23% above median its historical median of 96.00. Over the past decade, Grindwell Norton's Days Payable has ranged from 74.86 to 125.41. According to the industry distribution chart, Grindwell Norton ranks #547 out of 1716 companies in the Construction industry, placing it in the top 31.9%.
Is Grindwell Norton's Days Payable too high?
Grindwell Norton's current Days Payable of 117.81 is 23% above median its 10-year median of 96.00. Over the past 10 years, this metric has ranged from a low of 74.86 to a high of 125.41. The Construction industry median Days Payable is 76.60. Grindwell Norton's value of 117.81 is 53.8% above this industry median. Based on the distribution chart, Grindwell Norton ranks #547 out of 1716 companies in the Construction industry, which is above the industry midpoint. Overall, Grindwell Norton has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Grindwell Norton ranks #547 out of 1716 companies for Days Payable. This puts Grindwell Norton in the upper half of its industry. The industry median Days Payable is 76.60. Grindwell Norton's value of 117.81 is 53.8% above this benchmark. Historically, Grindwell Norton's own Days Payable has ranged from 74.86 to 125.41 over the past decade. While the company's 10-year median is 96.00 vs. the industry median of 76.60, Grindwell Norton 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,716 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. Grindwell Norton's current Days Payable of 117.81 is 53.8% 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 Grindwell Norton and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindwell Norton's current Days Payable is 117.81, which is 23% above median its own 10-year median of 96.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindwell Norton stock overvalued right now?
Based on GuruFocus' analysis, Grindwell Norton (NSE:GRINDWELL) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,372.78, compared to a current price of ₹2,382.30 — trading 0.4% above its estimated fair value. The current Days Payable is 117.81, which is 23% above median its 10-year median of 96.00 and 53.8% above the Construction industry median of 76.60. Grindwell Norton's overall GF Score™ is 95/100 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 Grindwell Norton (NSE:GRINDWELL), the current Days Payable is 117.81 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 Grindwell Norton (NSE:GRINDWELL) Overvalued in 2026?
Based on GuruFocus' analysis, Grindwell Norton stock appears to be overvalued.
The current stock price of ₹2,382.30 is trading 0.4% above its estimated GF Value™ of ₹2,372.78.
GuruFocus considers Grindwell Norton to be Fairly Valued.
Key valuation signals for NSE:GRINDWELL:
Days Payable: 117.81 (23% above median its 10-year median of 96.00)
GF Value™: ₹2,372.78 vs. price of ₹2,382.30 (0.4% above fair value)
Industry Position: 53.8% above the Construction median (#547 of 1716)
No single metric tells the full story. See the NSE:GRINDWELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue from Ceramics and Plastics division.
95GF Score
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