Heranba Industries (NSE:HERANBA) Days Payable: 182.68 (As of Mar. 2026) — 90% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HERANBA Heranba Industries Ltd NSE:HERANBA
65 GF Score
Price ₹179.83
GF Value ₹428.97
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Heranba Industries Days Payable?

Heranba Industries NSE:HERANBA +0.32% 65 Days Payable is 182.68 as of Mar. 2026, which is 90% above its 10-year median of 95.90. GuruFocus rates NSE:HERANBA with a GF Score™ of 65/100 and a GF Value™ of ₹428.97 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 245 Agriculture companies, Heranba Industries ranks better than 88.98% on this metric.

Heranba Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹4,996 Mil. Heranba Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,495 Mil. Hence, Heranba Industries's Days Payable for the three months ended in Mar. 2026 was 182.68.

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

NSE:HERANBA' s Days Payable Range Over the Past 10 Years
Min: 77.92   Med: 95.9   Max: 180.22
Current: 180.22

During the past 12 years, Heranba Industries's highest Days Payable was 180.22. The lowest was 77.92. And the median was 95.90.

NSE:HERANBA's Days Payable is ranked better than
88.98% of 245 companies
in the Agriculture industry
Industry Median: 72.56 vs NSE:HERANBA: 180.22

Heranba Industries's Days Payable declined from Mar. 2025 (183.02) to Mar. 2026 (182.68). It may suggest that Heranba Industries accelerated paying its suppliers.


Heranba Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Heranba 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.

Heranba Industries Days Payable Chart

Heranba 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 84.17 87.02 97.26 149.89 163.44

Heranba 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 183.02 139.96 171.88 306.53 182.68

NSE:HERANBA vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, Heranba 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.


Heranba Industries Days Payable vs Agriculture Industry

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

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


NSE:HERANBA
65GF Score
Heranba Industries Ltd NSE:HERANBA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heranba 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.

Heranba 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
=( (4864 + 4995.8) / 2 ) / 11009.5*365
=4929.9 / 11009.5*365
=163.44

Heranba 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 + 4995.8) / 1 ) / 2495.4*365 / 4
=4995.8 / 2495.4*365 / 4
=182.68

* 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 182.68 mean?
Heranba Industries (NSE:HERANBA) has a Days Payable of 182.68 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 Heranba Industries and its competitors. This is 90% above median its historical median of 95.90. Over the past decade, Heranba Industries' Days Payable has ranged from 77.92 to 180.22. According to the industry distribution chart, Heranba Industries ranks #27 out of 245 companies in the Agriculture industry, placing it in the top 11%.
Is Heranba Industries' Days Payable too high?
Heranba Industries' current Days Payable of 182.68 is 90% above median its 10-year median of 95.90. Over the past 10 years, this metric has ranged from a low of 77.92 to a high of 180.22. The Agriculture industry median Days Payable is 72.56. Heranba Industries' value of 182.68 is 151.8% above this industry median. Based on the distribution chart, Heranba Industries ranks #27 out of 245 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Heranba Industries has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heranba Industries' Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, Heranba Industries ranks #27 out of 245 companies for Days Payable. This places Heranba Industries in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 72.56. Heranba Industries' value of 182.68 is 151.8% above this benchmark. Historically, Heranba Industries' own Days Payable has ranged from 77.92 to 180.22 over the past decade. While the company's 10-year median is 95.90 vs. the industry median of 72.56, Heranba 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 an Agriculture company?
The median Days Payable among Agriculture companies is 72.56, based on 245 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. Heranba Industries's current Days Payable of 182.68 is 151.8% 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 Heranba Industries and its competitors. For the Agriculture industry, the median Days Payable is 72.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heranba Industries's current Days Payable is 182.68, which is 90% above median its own 10-year median of 95.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heranba Industries stock overvalued right now?
Based on GuruFocus' analysis, Heranba Industries (NSE:HERANBA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹428.97, compared to a current price of ₹179.83 — trading 58.1% below its estimated fair value. The current Days Payable is 182.68, which is 90% above median its 10-year median of 95.90 and 151.8% above the Agriculture industry median of 72.56. Heranba Industries' overall GF Score™ is 65/100 with 4 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 Heranba Industries (NSE:HERANBA), the current Days Payable is 182.68 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 Heranba Industries (NSE:HERANBA) Overvalued in 2026?

Based on GuruFocus' analysis, Heranba Industries stock appears to be undervalued. The current stock price of ₹179.83 is trading 58.1% below its estimated GF Value™ of ₹428.97. GuruFocus considers Heranba Industries to be Possible Value Trap.

Key valuation signals for NSE:HERANBA:

  • Days Payable: 182.68 (90% above median its 10-year median of 95.90)
  • GF Value™: ₹428.97 vs. price of ₹179.83 (58.1% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 151.8% above the Agriculture median (#27 of 245)

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


Heranba Industries Business Description

Other Exchanges 543266:India
Address Fortune Avirahi, Jambli Galli, Jain Derasar Lane, 2nd Floor, A Wing, Boarivali (West), Mumbai, MH, IND, 400092
Heranba Industries Ltd is a crop protection chemical manufacturer. It is a producer of synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin, and others. The Company has a single operating segment of Agro chemicals. Further, it manufactures different types of pesticides, including Insecticides, Fungicides, Herbicides, and other pest control products. It sells the products in India and other countries. Geographically, the company generates the majority of its revenue from India.
65GF Score

Get the complete analysis for NSE:HERANBA

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

₹179.83
Price
₹428.97
GF Value