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.
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.
HP AdhesivesNSE:HPAL +0.49%72 Days Payable is 66.38 as of Mar. 2026, which is 8% below its 10-year median of 72.09. GuruFocus rates NSE:HPAL with a GF Score™ of 72/100 and a GF Value™ of ₹88.10 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,553 Chemicals companies, HP Adhesives ranks worse than 50.48% on this metric.
The historical data trend for HP Adhesives'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:HPAL vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, HP Adhesives'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.
HP Adhesives Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, HP Adhesives's Days Payable distribution charts can be found below:
* The bar in red indicates where HP Adhesives'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.
HP Adhesives'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.
HP Adhesives (NSE:HPAL) has a Days Payable of 66.38 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 HP Adhesives and its competitors. This is near median its historical median of 72.09. Over the past decade, HP Adhesives' Days Payable has ranged from 42.59 to 90.43. According to the industry distribution chart, HP Adhesives ranks #784 out of 1553 companies in the Chemicals industry, placing it in the top 50.5%.
Is HP Adhesives' Days Payable too high?
HP Adhesives' current Days Payable of 66.38 is near median its 10-year median of 72.09. Over the past 10 years, this metric has ranged from a low of 42.59 to a high of 90.43. The Chemicals industry median Days Payable is 59.87. HP Adhesives' value of 66.38 is 10.9% above this industry median. Based on the distribution chart, HP Adhesives ranks #784 out of 1553 companies in the Chemicals industry, which is below the industry midpoint. Overall, HP Adhesives has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HP Adhesives' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, HP Adhesives ranks #784 out of 1553 companies for Days Payable. This places HP Adhesives in the lower half of its industry. The industry median Days Payable is 59.87. HP Adhesives' value of 66.38 is 10.9% above this benchmark. Historically, HP Adhesives' own Days Payable has ranged from 42.59 to 90.43 over the past decade. While the company's 10-year median is 72.09 vs. the industry median of 59.87, HP Adhesives 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,553 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. HP Adhesives's current Days Payable of 66.38 is 10.9% 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 HP Adhesives and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HP Adhesives's current Days Payable is 66.38, which is near median its own 10-year median of 72.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HP Adhesives stock overvalued right now?
Based on GuruFocus' analysis, HP Adhesives (NSE:HPAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹88.10, compared to a current price of ₹32.91 — trading 62.6% below its estimated fair value. The current Days Payable is 66.38, which is near median its 10-year median of 72.09 and 10.9% above the Chemicals industry median of 59.87. HP Adhesives' overall GF Score™ is 72/100 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 HP Adhesives (NSE:HPAL), the current Days Payable is 66.38 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 HP Adhesives (NSE:HPAL) Overvalued in 2026?
Based on GuruFocus' analysis, HP Adhesives stock appears to be undervalued.
The current stock price of ₹32.91 is trading 62.6% below its estimated GF Value™ of ₹88.10.
GuruFocus considers HP Adhesives to be Significantly Undervalued.
Key valuation signals for NSE:HPAL:
Days Payable: 66.38 (near median its 10-year median of 72.09)
GF Value™: ₹88.10 vs. price of ₹32.91 (62.6% below fair value)
Industry Position: 10.9% above the Chemicals median (#784 of 1553)
No single metric tells the full story. See the NSE:HPAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HP Adhesives Ltd is an adhesives and sealants company. The company's products include solvent cement, silicone sealants, contact adhesives, white glue/PVA, epoxy putty, epoxy adhesives, spray paint, drainage solutions, and plumbing accessories. The company operates in only one reportable business segment which is the business of Adhesives & Solvent products.
72GF Score
Get the complete analysis for NSE:HPAL
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HPAL has been successfully added to your 
