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Mangalam OrganicsNSE:MANORG -2.63%78 Days Payable is 79.67 as of Mar. 2026, which is 157% above its 10-year median of 31.01. GuruFocus rates NSE:MANORG with a GF Score™ of 78/100 and a GF Value™ of ₹548.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, Mangalam Organics ranks worse than 53.8% on this metric.
The historical rank and industry rank for Mangalam Organics's Days Payable or its related term are showing as below:
NSE:MANORG'
s Days Payable Range Over the Past 10 Years
Min: 18.31 Med: 31.01 Max: 55.77
Current: 55.77
During the past 13 years, Mangalam Organics's highest Days Payable was 55.77. The lowest was 18.31. And the median was 31.01.
NSE:MANORG's Days Payable is ranked worse than 53.8% of 1554
companies
in the Chemicals industry
Industry Median: 59.565
vs NSE:MANORG: 55.77
Mangalam Organics's Days Payable
increased
from Mar. 2025 (61.51) to Mar. 2026 (79.67).
It may suggest that Mangalam Organicsdelayed paying its suppliers.
Mangalam Organics Days Payable Related Terms
Mangalam Organics Days Payable Historical Data
* Premium members only.
The historical data trend for Mangalam Organics'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:MANORG vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Mangalam Organics'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.
Mangalam Organics Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mangalam Organics's Days Payable distribution charts can be found below:
* The bar in red indicates where Mangalam Organics'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.
Mangalam Organics'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.
Mangalam Organics (NSE:MANORG) has a Days Payable of 79.67 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 Mangalam Organics and its competitors. This is 157% above median its historical median of 31.01. Over the past decade, Mangalam Organics' Days Payable has ranged from 18.31 to 55.77. According to the industry distribution chart, Mangalam Organics ranks #836 out of 1554 companies in the Chemicals industry, placing it in the top 53.8%.
Is Mangalam Organics' Days Payable too high?
Mangalam Organics' current Days Payable of 79.67 is 157% above median its 10-year median of 31.01. Over the past 10 years, this metric has ranged from a low of 18.31 to a high of 55.77. The Chemicals industry median Days Payable is 59.57. Mangalam Organics' value of 79.67 is 33.8% above this industry median. Based on the distribution chart, Mangalam Organics ranks #836 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Mangalam Organics has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mangalam Organics' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mangalam Organics ranks #836 out of 1554 companies for Days Payable. This places Mangalam Organics in the lower half of its industry. The industry median Days Payable is 59.57. Mangalam Organics' value of 79.67 is 33.8% above this benchmark. Historically, Mangalam Organics' own Days Payable has ranged from 18.31 to 55.77 over the past decade. While the company's 10-year median is 31.01 vs. the industry median of 59.57, Mangalam Organics 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 59.57, based on 1,554 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. Mangalam Organics's current Days Payable of 79.67 is 33.8% 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 Mangalam Organics and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Organics's current Days Payable is 79.67, which is 157% above median its own 10-year median of 31.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Organics stock overvalued right now?
Based on GuruFocus' analysis, Mangalam Organics (NSE:MANORG) is currently considered Fairly Valued. The stock's GF Value™ is ₹548.75, compared to a current price of ₹557.60 — trading 1.6% above its estimated fair value. The current Days Payable is 79.67, which is 157% above median its 10-year median of 31.01 and 33.8% above the Chemicals industry median of 59.57. Mangalam Organics' overall GF Score™ is 78/100 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 Mangalam Organics (NSE:MANORG), the current Days Payable is 79.67 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 Mangalam Organics (NSE:MANORG) Overvalued in 2026?
Based on GuruFocus' analysis, Mangalam Organics stock appears to be overvalued.
The current stock price of ₹557.60 is trading 1.6% above its estimated GF Value™ of ₹548.75.
GuruFocus considers Mangalam Organics to be Fairly Valued.
Key valuation signals for NSE:MANORG:
Days Payable: 79.67 (157% above median its 10-year median of 31.01)
GF Value™: ₹548.75 vs. price of ₹557.60 (1.6% above fair value)
Industry Position: 33.8% above the Chemicals median (#836 of 1554)
No single metric tells the full story. See the NSE:MANORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mangalam Organics Ltd is an India-based company involved in manufacturing chemicals. It is engaged in manufacturing Camphor, Resin, and Sodium Acetate. It has Terpenes and Synthetic Resins as a primary segment, which falls under a single segment of chemicals. Its production unit is located in Kumbhivali, Maharashtra state, India. The terpene products segment, which generates a vast majority of the revenue, includes Camphor technical, Camphene, Isobornyl acetate, Isoborneol, Dipentene, Camphor oil, Pine tar, Pine oil among others. Its resin products include Penta ester gum, Glycerol ester gum, and Gum rosin among others.
78GF Score
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