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HI-Green CarbonNSE:HIGREEN +2.08%58 Days Payable is 57.99 as of Mar. 2026, which is 82% above its 10-year median of 31.95. GuruFocus rates NSE:HIGREEN with a GF Score™ of 58/100 and a GF Value™ of ₹332.16 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,555 Chemicals companies, HI-Green Carbon ranks worse than 66.56% on this metric.
The historical rank and industry rank for HI-Green Carbon's Days Payable or its related term are showing as below:
NSE:HIGREEN'
s Days Payable Range Over the Past 10 Years
Min: 13 Med: 31.95 Max: 139.7
Current: 43.39
During the past 6 years, HI-Green Carbon's highest Days Payable was 139.70. The lowest was 13.00. And the median was 31.95.
NSE:HIGREEN's Days Payable is ranked worse than 66.56% of 1555
companies
in the Chemicals industry
Industry Median: 59.59
vs NSE:HIGREEN: 43.39
HI-Green Carbon's Days Payable
increased
from Mar. 2025 (14.04) to Mar. 2026 (57.99).
It may suggest that HI-Green Carbondelayed paying its suppliers.
HI-Green Carbon Days Payable Related Terms
HI-Green Carbon Days Payable Historical Data
* Premium members only.
The historical data trend for HI-Green Carbon'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:HIGREEN vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, HI-Green Carbon'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.
HI-Green Carbon Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, HI-Green Carbon's Days Payable distribution charts can be found below:
* The bar in red indicates where HI-Green Carbon'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.
HI-Green Carbon'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.
HI-Green Carbon (NSE:HIGREEN) has a Days Payable of 57.99 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 HI-Green Carbon and its competitors. This is 82% above median its historical median of 31.95. Over the past decade, HI-Green Carbon's Days Payable has ranged from 13.00 to 139.70. According to the industry distribution chart, HI-Green Carbon ranks #1035 out of 1555 companies in the Chemicals industry, placing it in the top 66.6%.
Is HI-Green Carbon's Days Payable too high?
HI-Green Carbon's current Days Payable of 57.99 is 82% above median its 10-year median of 31.95. Over the past 10 years, this metric has ranged from a low of 13.00 to a high of 139.70. The Chemicals industry median Days Payable is 59.59. HI-Green Carbon's value of 57.99 is 2.7% below this industry median. Based on the distribution chart, HI-Green Carbon ranks #1035 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, HI-Green Carbon has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HI-Green Carbon's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, HI-Green Carbon ranks #1035 out of 1555 companies for Days Payable. This places HI-Green Carbon in the lower half of its industry. The industry median Days Payable is 59.59. HI-Green Carbon's value of 57.99 is 2.7% below this benchmark. Historically, HI-Green Carbon's own Days Payable has ranged from 13.00 to 139.70 over the past decade. While the company's 10-year median is 31.95 vs. the industry median of 59.59, HI-Green Carbon 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 59.59, 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. HI-Green Carbon's current Days Payable of 57.99 is 2.7% 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 HI-Green Carbon and its competitors. For the Chemicals industry, the median Days Payable is 59.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HI-Green Carbon's current Days Payable is 57.99, which is 82% above median its own 10-year median of 31.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HI-Green Carbon stock overvalued right now?
Based on GuruFocus' analysis, HI-Green Carbon (NSE:HIGREEN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹332.16, compared to a current price of ₹137.50 — trading 58.6% below its estimated fair value. The current Days Payable is 57.99, which is 82% above median its 10-year median of 31.95 and 2.7% below the Chemicals industry median of 59.59. HI-Green Carbon's overall GF Score™ is 58/100 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 HI-Green Carbon (NSE:HIGREEN), the current Days Payable is 57.99 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 HI-Green Carbon (NSE:HIGREEN) Overvalued in 2026?
Based on GuruFocus' analysis, HI-Green Carbon stock appears to be undervalued.
The current stock price of ₹137.50 is trading 58.6% below its estimated GF Value™ of ₹332.16.
GuruFocus considers HI-Green Carbon to be Possible Value Trap.
Key valuation signals for NSE:HIGREEN:
Days Payable: 57.99 (82% above median its 10-year median of 31.95)
GF Value™: ₹332.16 vs. price of ₹137.50 (58.6% below fair value)
Industry Position: 2.7% below the Chemicals median (#1035 of 1555)
No single metric tells the full story. See the NSE:HIGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Green Carbon Ltd is engaged in the business of recycling waste tires using a continuous pyrolysis process at its manufacturing plant in Rajasthan, India. The process produces energy components and raw materials such as Recovered Carbon Black (rCB), steel wires, fuel oil, and synthesis gas. The company operates an integrated, automated plant with a capacity to recycle tons of waste tires per day and adheres to various environmental, health, safety, and quality certifications. Hi-Green Carbon is expanding its production capacity with plans for new manufacturing units to enhance production and sustainability efforts. Revenue comes from the sale of these recycled products and by-products.
58GF Score
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