Manilam Industries IndiaNSE:MANILAM -3.09%10 Days Payable is 209.36 as of Sep. 2025, which is 54% above its 10-year median of 136.10. GuruFocus rates NSE:MANILAM with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 395 Building Materials companies, Manilam Industries India ranks better than 95.7% on this metric.
The historical rank and industry rank for Manilam Industries India's Days Payable or its related term are showing as below:
NSE:MANILAM'
s Days Payable Range Over the Past 10 Years
Min: 124.68 Med: 136.1 Max: 418.71
Current: 418.71
During the past 3 years, Manilam Industries India's highest Days Payable was 418.71. The lowest was 124.68. And the median was 136.10.
NSE:MANILAM's Days Payable is ranked better than 95.7% of 395
companies
in the Building Materials industry
Industry Median: 69.75
vs NSE:MANILAM: 418.71
* 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.
Manilam Industries India Days Payable Chart
Manilam Industries India Annual Data
Trend
Mar23
Mar24
Mar25
Days Payable
124.68
136.10
158.61
Manilam Industries India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Days Payable
0.00
0.00
0.00
209.36
NSE:MANILAM vs CRH, VMC, MLM: Days Payable Comparison
For the Building Materials subindustry, Manilam Industries India'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.
Manilam Industries India Days Payable vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Manilam Industries India's Days Payable distribution charts can be found below:
* The bar in red indicates where Manilam Industries India'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.
Manilam Industries India's Days Payable for the fiscal year that ended in Mar. 2025 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.
Manilam Industries India (NSE:MANILAM) has a Days Payable of 209.36 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Manilam Industries India and its competitors. This is 54% above median its historical median of 136.10. Over the past decade, Manilam Industries India's Days Payable has ranged from 124.68 to 418.71. According to the industry distribution chart, Manilam Industries India ranks #17 out of 395 companies in the Building Materials industry, placing it in the top 4.3%.
Is Manilam Industries India's Days Payable too high?
Manilam Industries India's current Days Payable of 209.36 is 54% above median its 10-year median of 136.10. Over the past 10 years, this metric has ranged from a low of 124.68 to a high of 418.71. The Building Materials industry median Days Payable is 69.75. Manilam Industries India's value of 209.36 is 200.2% above this industry median. Based on the distribution chart, Manilam Industries India ranks #17 out of 395 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Manilam Industries India has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Manilam Industries India's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Manilam Industries India ranks #17 out of 395 companies for Days Payable. This places Manilam Industries India in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.75. Manilam Industries India's value of 209.36 is 200.2% above this benchmark. Historically, Manilam Industries India's own Days Payable has ranged from 124.68 to 418.71 over the past decade. While the company's 10-year median is 136.10 vs. the industry median of 69.75, Manilam Industries India 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.75, based on 395 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. Manilam Industries India's current Days Payable of 209.36 is 200.2% 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 Manilam Industries India and its competitors. For the Building Materials industry, the median Days Payable is 69.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manilam Industries India's current Days Payable is 209.36, which is 54% above median its own 10-year median of 136.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manilam Industries India stock overvalued right now?
Manilam Industries India (NSE:MANILAM) has a current Days Payable of 209.36. The current Days Payable is 209.36, which is 54% above median its 10-year median of 136.10 and 200.2% above the Building Materials industry median of 69.75. Manilam Industries India's overall GF Score™ is 10/100 with 6 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 Manilam Industries India (NSE:MANILAM), the current Days Payable is 209.36 as of Sep. 2025. 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.
Manilam Industries India Ltd is engaged in the manufacturing and sale of decorative laminates. Its product portfolio includes the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. Additionally, the company is involved in the trading of plywood serving the industrial and commercial sectors. It operates under the brand name "Manilam". The majority of the company's revenue is derived from the sale of laminates across India. The reportable segments: Within India, and Outside India, of which it derives maximum revenue from India.
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