MaricoNSE:MARICO -2.04%96 Days Payable is 81.25 as of Mar. 2026, which is 4% below its 10-year median of 85.01. GuruFocus rates NSE:MARICO with a GF Score™ of 96/100 and a GF Value™ of ₹856.77 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,881 Consumer Packaged Goods companies, Marico ranks better than 75.76% on this metric.
Marico's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹16,340 Mil. Marico's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹18,350 Mil.
Hence, Marico's Days Payable for the
three
months ended in Mar. 2026 was 81.25.
The historical rank and industry rank for Marico's Days Payable or its related term are showing as below:
NSE:MARICO'
s Days Payable Range Over the Past 10 Years
Min: 72.36 Med: 85.01 Max: 110.48
Current: 78.69
During the past 13 years, Marico's highest Days Payable was 110.48. The lowest was 72.36. And the median was 85.01.
NSE:MARICO's Days Payable is ranked better than 75.76% of 1881
companies
in the Consumer Packaged Goods industry
Industry Median: 44.14
vs NSE:MARICO: 78.69
Marico's Days Payable
declined
from Mar. 2025 (88.59) to Mar. 2026 (81.25).
It may suggest that Maricoaccelerated paying its suppliers.
Marico Days Payable Related Terms
Marico Days Payable Historical Data
* Premium members only.
The historical data trend for Marico'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:MARICO vs PG, CL, KVUE: Days Payable Comparison
For the Household & Personal Products subindustry, Marico'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.
Marico Days Payable vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico's Days Payable distribution charts can be found below:
* The bar in red indicates where Marico'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.
Marico'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.
Marico (NSE:MARICO) has a Days Payable of 81.25 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 Marico and its competitors. This is near median its historical median of 85.01. Over the past decade, Marico's Days Payable has ranged from 72.36 to 110.48. According to the industry distribution chart, Marico ranks #456 out of 1881 companies in the Consumer Packaged Goods industry, placing it in the top 24.2%.
Is Marico's Days Payable too high?
Marico's current Days Payable of 81.25 is near median its 10-year median of 85.01. Over the past 10 years, this metric has ranged from a low of 72.36 to a high of 110.48. The Consumer Packaged Goods industry median Days Payable is 44.14. Marico's value of 81.25 is 84.1% above this industry median. Based on the distribution chart, Marico ranks #456 out of 1881 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Marico has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marico's Days Payable compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Marico ranks #456 out of 1881 companies for Days Payable. This places Marico in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 44.14. Marico's value of 81.25 is 84.1% above this benchmark. Historically, Marico's own Days Payable has ranged from 72.36 to 110.48 over the past decade. While the company's 10-year median is 85.01 vs. the industry median of 44.14, Marico 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,881 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. Marico's current Days Payable of 81.25 is 84.1% 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 Marico and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marico's current Days Payable is 81.25, which is near median its own 10-year median of 85.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marico stock overvalued right now?
Based on GuruFocus' analysis, Marico (NSE:MARICO) is currently considered Fairly Valued. The stock's GF Value™ is ₹856.77, compared to a current price of ₹838.55 — trading 2.1% below its estimated fair value. The current Days Payable is 81.25, which is near median its 10-year median of 85.01 and 84.1% above the Consumer Packaged Goods industry median of 44.14. Marico's overall GF Score™ is 96/100 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 Marico (NSE:MARICO), the current Days Payable is 81.25 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 Marico (NSE:MARICO) Overvalued in 2026?
Based on GuruFocus' analysis, Marico stock appears to be undervalued.
The current stock price of ₹838.55 is trading 2.1% below its estimated GF Value™ of ₹856.77.
GuruFocus considers Marico to be Fairly Valued.
Key valuation signals for NSE:MARICO:
Days Payable: 81.25 (near median its 10-year median of 85.01)
GF Value™: ₹856.77 vs. price of ₹838.55 (2.1% below fair value)
Industry Position: 84.1% above the Consumer Packaged Goods median (#456 of 1881)
No single metric tells the full story. See the NSE:MARICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marico Ltd is an Indian consumer goods company. The company provides products across the health, beauty, and wellness category. It manufactures hair care, male grooming, skin care, edible oils, health foods, and fabric care products. Locally, Marico sells its products through brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Geographically, the company has two segments; India which derives key revenue; and International.
96GF Score
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