Madras Fertilizers (NSE:MADRASFERT) Days Payable: 70.14 (As of Mar. 2026) — 16% Below Median


NSE:MADRASFERT Madras Fertilizers Ltd NSE:MADRASFERT
69 GF Score
Price ₹68.86
GF Value ₹258.43
Valuation Possible Value Trap
! 4 Warning Signs
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What is Madras Fertilizers Days Payable?

Madras Fertilizers NSE:MADRASFERT +2.14% 69 Days Payable is 70.14 as of Mar. 2026, which is 16% below its 10-year median of 83.14. GuruFocus rates NSE:MADRASFERT with a GF Score™ of 69/100 and a GF Value™ of ₹258.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 246 Agriculture companies, Madras Fertilizers ranks better than 56.5% on this metric.

Madras Fertilizers's average Accounts Payable for the three months ended in Mar. 2026 was ₹3,167 Mil. Madras Fertilizers's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,120 Mil. Hence, Madras Fertilizers's Days Payable for the three months ended in Mar. 2026 was 70.14.

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

NSE:MADRASFERT' s Days Payable Range Over the Past 10 Years
Min: 42.31   Med: 83.14   Max: 99.16
Current: 86

During the past 13 years, Madras Fertilizers's highest Days Payable was 99.16. The lowest was 42.31. And the median was 83.14.

NSE:MADRASFERT's Days Payable is ranked better than
56.5% of 246 companies
in the Agriculture industry
Industry Median: 72.7 vs NSE:MADRASFERT: 86.00

Madras Fertilizers's Days Payable declined from Mar. 2025 (99.05) to Mar. 2026 (70.14). It may suggest that Madras Fertilizers accelerated paying its suppliers.


Madras Fertilizers Days Payable Historical Data

* Premium members only.

The historical data trend for Madras Fertilizers'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.

Madras Fertilizers Days Payable Chart

Madras Fertilizers 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 72.65 42.31 84.26 86.56 99.16

Madras Fertilizers 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 99.05 99.94 65.82 81.92 70.14

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

For the Agricultural Inputs subindustry, Madras Fertilizers'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.


Madras Fertilizers Days Payable vs Agriculture Industry

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

* The bar in red indicates where Madras Fertilizers's Days Payable falls into.


NSE:MADRASFERT
69GF Score
Madras Fertilizers Ltd NSE:MADRASFERT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Madras Fertilizers 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.

Madras Fertilizers'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
=( (3842.1 + 3167.2) / 2 ) / 12899.8*365
=3504.65 / 12899.8*365
=99.16

Madras Fertilizers'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 + 3167.2) / 1 ) / 4120.2*365 / 4
=3167.2 / 4120.2*365 / 4
=70.14

* 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 70.14 mean?
Madras Fertilizers (NSE:MADRASFERT) has a Days Payable of 70.14 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 Madras Fertilizers and its competitors. This is 16% below median its historical median of 83.14. Over the past decade, Madras Fertilizers' Days Payable has ranged from 42.31 to 99.16. According to the industry distribution chart, Madras Fertilizers ranks #107 out of 246 companies in the Agriculture industry, placing it in the top 43.5%.
Is Madras Fertilizers' Days Payable too high?
Madras Fertilizers' current Days Payable of 70.14 is 16% below median its 10-year median of 83.14. Over the past 10 years, this metric has ranged from a low of 42.31 to a high of 99.16. The Agriculture industry median Days Payable is 72.70. Madras Fertilizers' value of 70.14 is 3.5% below this industry median. Based on the distribution chart, Madras Fertilizers ranks #107 out of 246 companies in the Agriculture industry, which is above the industry midpoint. Overall, Madras Fertilizers has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madras Fertilizers ranks #107 out of 246 companies for Days Payable. This puts Madras Fertilizers in the upper half of its industry. The industry median Days Payable is 72.70. Madras Fertilizers' value of 70.14 is 3.5% below this benchmark. Historically, Madras Fertilizers' own Days Payable has ranged from 42.31 to 99.16 over the past decade. While the company's 10-year median is 83.14 vs. the industry median of 72.70, Madras Fertilizers 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 an Agriculture company?
The median Days Payable among Agriculture companies is 72.70, based on 246 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. Madras Fertilizers's current Days Payable of 70.14 is 3.5% 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 Madras Fertilizers and its competitors. For the Agriculture industry, the median Days Payable is 72.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madras Fertilizers's current Days Payable is 70.14, which is 16% below median its own 10-year median of 83.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹258.43, compared to a current price of ₹68.86 — trading 73.4% below its estimated fair value. The current Days Payable is 70.14, which is 16% below median its 10-year median of 83.14 and 3.5% below the Agriculture industry median of 72.70. Madras Fertilizers' overall GF Score™ is 69/100 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 Madras Fertilizers (NSE:MADRASFERT), the current Days Payable is 70.14 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 Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?

Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued. The current stock price of ₹68.86 is trading 73.4% below its estimated GF Value™ of ₹258.43. GuruFocus considers Madras Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:MADRASFERT:

  • Days Payable: 70.14 (16% below median its 10-year median of 83.14)
  • GF Value™: ₹258.43 vs. price of ₹68.86 (73.4% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 3.5% below the Agriculture median (#107 of 246)

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


Madras Fertilizers Business Description

Other Exchanges 590134:India
Address Post Bag No. 2, Manali, Chennai, TN, IND, 600068
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
69GF Score

Get the complete analysis for NSE:MADRASFERT

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

₹68.86
Price
₹258.43
GF Value