Malu Paper Mills (NSE:MALUPAPER) Days Payable: 63.39 (As of Mar. 2026) — 23% Above Median


NSE:MALUPAPER Malu Paper Mills Ltd NSE:MALUPAPER
59 GF Score
Price ₹31.10
GF Value ₹50.08
Valuation Possible Value Trap
! 2 Warning Signs
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What is Malu Paper Mills Days Payable?

Malu Paper Mills NSE:MALUPAPER -0.64% 59 Days Payable is 63.39 as of Mar. 2026, which is 23% above its 10-year median of 51.53. GuruFocus rates NSE:MALUPAPER with a GF Score™ of 59/100 and a GF Value™ of ₹50.08 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 276 Forest Products companies, Malu Paper Mills ranks better than 50.72% on this metric.

Malu Paper Mills's average Accounts Payable for the three months ended in Mar. 2026 was ₹471 Mil. Malu Paper Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹678 Mil. Hence, Malu Paper Mills's Days Payable for the three months ended in Mar. 2026 was 63.39.

The historical rank and industry rank for Malu Paper Mills's Days Payable or its related term are showing as below:

NSE:MALUPAPER' s Days Payable Range Over the Past 10 Years
Min: 38.06   Med: 51.53   Max: 83.57
Current: 59.01

During the past 13 years, Malu Paper Mills's highest Days Payable was 83.57. The lowest was 38.06. And the median was 51.53.

NSE:MALUPAPER's Days Payable is ranked better than
50.72% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs NSE:MALUPAPER: 59.01

Malu Paper Mills's Days Payable increased from Mar. 2025 (38.56) to Mar. 2026 (63.39). It may suggest that Malu Paper Mills delayed paying its suppliers.


Malu Paper Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Malu Paper Mills'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.

Malu Paper Mills Days Payable Chart

Malu Paper Mills 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 72.39 52.89 44.47 50.07 59.69

Malu Paper Mills 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 38.56 36.45 85.06 63.09 63.39

Malu Paper Mills Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Malu Paper Mills'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.


Malu Paper Mills Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Malu Paper Mills's Days Payable distribution charts can be found below:

* The bar in red indicates where Malu Paper Mills's Days Payable falls into.


NSE:MALUPAPER
59GF Score
Malu Paper Mills Ltd NSE:MALUPAPER
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Malu Paper Mills 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.

Malu Paper Mills'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
=( (285.931 + 471.269) / 2 ) / 2315.184*365
=378.6 / 2315.184*365
=59.69

Malu Paper Mills'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 + 471.269) / 1 ) / 678.407*365 / 4
=471.269 / 678.407*365 / 4
=63.39

* 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 63.39 mean?
Malu Paper Mills (NSE:MALUPAPER) has a Days Payable of 63.39 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 Malu Paper Mills and its competitors. This is 23% above median its historical median of 51.53. Over the past decade, Malu Paper Mills' Days Payable has ranged from 38.06 to 83.57. According to the industry distribution chart, Malu Paper Mills ranks #136 out of 276 companies in the Forest Products industry, placing it in the top 49.3%.
Is Malu Paper Mills' Days Payable too high?
Malu Paper Mills' current Days Payable of 63.39 is 23% above median its 10-year median of 51.53. Over the past 10 years, this metric has ranged from a low of 38.06 to a high of 83.57. The Forest Products industry median Days Payable is 57.93. Malu Paper Mills' value of 63.39 is 9.4% above this industry median. Based on the distribution chart, Malu Paper Mills ranks #136 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Malu Paper Mills has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Malu Paper Mills' Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Malu Paper Mills ranks #136 out of 276 companies for Days Payable. This puts Malu Paper Mills in the upper half of its industry. The industry median Days Payable is 57.93. Malu Paper Mills' value of 63.39 is 9.4% above this benchmark. Historically, Malu Paper Mills' own Days Payable has ranged from 38.06 to 83.57 over the past decade. While the company's 10-year median is 51.53 vs. the industry median of 57.93, Malu Paper Mills 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Malu Paper Mills's current Days Payable of 63.39 is 9.4% 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 Malu Paper Mills and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malu Paper Mills's current Days Payable is 63.39, which is 23% above median its own 10-year median of 51.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malu Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Malu Paper Mills (NSE:MALUPAPER) is currently considered Possible Value Trap. The stock's GF Value™ is ₹50.08, compared to a current price of ₹31.10 — trading 37.9% below its estimated fair value. The current Days Payable is 63.39, which is 23% above median its 10-year median of 51.53 and 9.4% above the Forest Products industry median of 57.93. Malu Paper Mills' overall GF Score™ is 59/100 with 2 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 Malu Paper Mills (NSE:MALUPAPER), the current Days Payable is 63.39 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 Malu Paper Mills (NSE:MALUPAPER) Overvalued in 2026?

Based on GuruFocus' analysis, Malu Paper Mills stock appears to be undervalued. The current stock price of ₹31.10 is trading 37.9% below its estimated GF Value™ of ₹50.08. GuruFocus considers Malu Paper Mills to be Possible Value Trap.

Key valuation signals for NSE:MALUPAPER:

  • Days Payable: 63.39 (23% above median its 10-year median of 51.53)
  • GF Value™: ₹50.08 vs. price of ₹31.10 (37.9% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 9.4% above the Forest Products median (#136 of 276)

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


Malu Paper Mills Business Description

Other Exchanges 532728:India
Address Heera Plaza, Central Avenue, 4th Floor, Near Telephone Exchange, Nagpur, MH, IND, 440008
Malu Paper Mills Ltd is an Indian-based company engaged in the Manufacturing of Pulp & Paper. Its main products consist of Kraft Papers, Writing & Printing and Newsprint papers. It operates through one segment and generates revenue from the same. The company's manufacturing plants are located in Saoner Taluka of Nagpur District.
59GF Score

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

₹31.10
Price
₹50.08
GF Value