MCON Rasayan India (NSE:MCON) Days Payable: 156.51 (As of Mar. 2026) — 19% Below Median


NSE:MCON MCON Rasayan India Ltd NSE:MCON
72 GF Score
Price ₹42.20
GF Value ₹181.94
Valuation Significantly Undervalued
! 5 Warning Signs
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What is MCON Rasayan India Days Payable?

MCON Rasayan India NSE:MCON -2.54% 72 Days Payable is 156.51 as of Mar. 2026, which is 19% below its 10-year median of 192.30. GuruFocus rates NSE:MCON with a GF Score™ of 72/100 and a GF Value™ of ₹181.94 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,550 Chemicals companies, MCON Rasayan India ranks better than 91.55% on this metric.

MCON Rasayan India's average Accounts Payable for the six months ended in Mar. 2026 was ₹164.2 Mil. MCON Rasayan India's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹191.5 Mil. Hence, MCON Rasayan India's Days Payable for the six months ended in Mar. 2026 was 156.51.

The historical rank and industry rank for MCON Rasayan India's Days Payable or its related term are showing as below:

NSE:MCON' s Days Payable Range Over the Past 10 Years
Min: 120.2   Med: 192.3   Max: 278.46
Current: 179.81

During the past 7 years, MCON Rasayan India's highest Days Payable was 278.46. The lowest was 120.20. And the median was 192.30.

NSE:MCON's Days Payable is ranked better than
91.55% of 1550 companies
in the Chemicals industry
Industry Median: 59.795 vs NSE:MCON: 179.81

MCON Rasayan India's Days Payable declined from Mar. 2025 (216.27) to Mar. 2026 (156.51). It may suggest that MCON Rasayan India accelerated paying its suppliers.


MCON Rasayan India Days Payable Historical Data

* Premium members only.

The historical data trend for MCON Rasayan India'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.

MCON Rasayan India Days Payable Chart

MCON Rasayan India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 120.20 125.01 168.20 243.35 192.30

MCON Rasayan India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 141.26 294.20 216.27 196.45 156.51

NSE:MCON vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, MCON Rasayan 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.


MCON Rasayan India Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, MCON Rasayan India's Days Payable distribution charts can be found below:

* The bar in red indicates where MCON Rasayan India's Days Payable falls into.


NSE:MCON
72GF Score
MCON Rasayan India Ltd NSE:MCON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MCON Rasayan India 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.

MCON Rasayan India'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
=( (165.481 + 186.633) / 2 ) / 334.178*365
=176.057 / 334.178*365
=192.30

MCON Rasayan India'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (141.761 + 186.633) / 2 ) / 191.463*365 / 2
=164.197 / 191.463*365 / 2
=156.51

* 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 156.51 mean?
MCON Rasayan India (NSE:MCON) has a Days Payable of 156.51 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 MCON Rasayan India and its competitors. This is 19% below median its historical median of 192.30. Over the past decade, MCON Rasayan India's Days Payable has ranged from 120.20 to 278.46. According to the industry distribution chart, MCON Rasayan India ranks #131 out of 1550 companies in the Chemicals industry, placing it in the top 8.5%.
Is MCON Rasayan India's Days Payable too high?
MCON Rasayan India's current Days Payable of 156.51 is 19% below median its 10-year median of 192.30. Over the past 10 years, this metric has ranged from a low of 120.20 to a high of 278.46. The Chemicals industry median Days Payable is 59.80. MCON Rasayan India's value of 156.51 is 161.7% above this industry median. Based on the distribution chart, MCON Rasayan India ranks #131 out of 1550 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, MCON Rasayan India has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MCON Rasayan India's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, MCON Rasayan India ranks #131 out of 1550 companies for Days Payable. This places MCON Rasayan India in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.80. MCON Rasayan India's value of 156.51 is 161.7% above this benchmark. Historically, MCON Rasayan India's own Days Payable has ranged from 120.20 to 278.46 over the past decade. While the company's 10-year median is 192.30 vs. the industry median of 59.80, MCON Rasayan 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.80, based on 1,550 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. MCON Rasayan India's current Days Payable of 156.51 is 161.7% 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 MCON Rasayan India and its competitors. For the Chemicals industry, the median Days Payable is 59.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCON Rasayan India's current Days Payable is 156.51, which is 19% below median its own 10-year median of 192.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCON Rasayan India stock overvalued right now?
Based on GuruFocus' analysis, MCON Rasayan India (NSE:MCON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹181.94, compared to a current price of ₹42.20 — trading 76.8% below its estimated fair value. The current Days Payable is 156.51, which is 19% below median its 10-year median of 192.30 and 161.7% above the Chemicals industry median of 59.80. MCON Rasayan India's overall GF Score™ is 72/100 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 MCON Rasayan India (NSE:MCON), the current Days Payable is 156.51 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 MCON Rasayan India (NSE:MCON) Overvalued in 2026?

Based on GuruFocus' analysis, MCON Rasayan India stock appears to be undervalued. The current stock price of ₹42.20 is trading 76.8% below its estimated GF Value™ of ₹181.94. GuruFocus considers MCON Rasayan India to be Significantly Undervalued.

Key valuation signals for NSE:MCON:

  • Days Payable: 156.51 (19% below median its 10-year median of 192.30)
  • GF Value™: ₹181.94 vs. price of ₹42.20 (76.8% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 161.7% above the Chemicals median (#131 of 1550)

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


MCON Rasayan India Business Description

Address Bandiwali Hill Road, Gala No. 6, Bardanwala Estate, Near Dutt Mandir, Jogeshwari West, Mumbai, MH, IND, 400102
MCON Rasayan India Ltd is engaged mainly in the business of manufacturing and selling modern building materials and construction chemicals. Its product offerings include waterproofing chemicals, wall finishes and paints (acrylic putty, distemper, emulsion, etc.), tile adhesives and grout, sealant, ready-mix mortar, protective coating chemicals, concrete repair and flooring chemicals, admixtures, etc.
72GF Score

Get the complete analysis for NSE:MCON

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

₹42.20
Price
₹181.94
GF Value