NCL IndustriesNSE:NCLIND -0.80%74 Days Payable is 27.75 as of Mar. 2026, which is 26% below its 10-year median of 37.65. GuruFocus rates NSE:NCLIND with a GF Score™ of 74/100 and a GF Value™ of ₹197.15 (Fairly Valued). The stock has 4 warning signs investors should review. Among 395 Building Materials companies, NCL Industries ranks worse than 65.32% on this metric.
The historical rank and industry rank for NCL Industries's Days Payable or its related term are showing as below:
NSE:NCLIND'
s Days Payable Range Over the Past 10 Years
Min: 32.41 Med: 37.65 Max: 63.48
Current: 50
During the past 13 years, NCL Industries's highest Days Payable was 63.48. The lowest was 32.41. And the median was 37.65.
NSE:NCLIND's Days Payable is ranked worse than 65.32% of 395
companies
in the Building Materials industry
Industry Median: 69.75
vs NSE:NCLIND: 50.00
NCL Industries's Days Payable
declined
from Mar. 2025 (70.04) to Mar. 2026 (27.75).
It may suggest that NCL Industriesaccelerated paying its suppliers.
NCL Industries Days Payable Related Terms
NCL Industries Days Payable Historical Data
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The historical data trend for NCL Industries'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:NCLIND vs CRH, VMC, MLM: Days Payable Comparison
For the Building Materials subindustry, NCL Industries'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.
NCL Industries Days Payable vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, NCL Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where NCL Industries'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.
NCL Industries'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.
NCL Industries (NSE:NCLIND) has a Days Payable of 27.75 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 NCL Industries and its competitors. This is 26% below median its historical median of 37.65. Over the past decade, NCL Industries' Days Payable has ranged from 32.41 to 63.48. According to the industry distribution chart, NCL Industries ranks #258 out of 395 companies in the Building Materials industry, placing it in the top 65.3%.
Is NCL Industries' Days Payable too high?
NCL Industries' current Days Payable of 27.75 is 26% below median its 10-year median of 37.65. Over the past 10 years, this metric has ranged from a low of 32.41 to a high of 63.48. The Building Materials industry median Days Payable is 69.75. NCL Industries' value of 27.75 is 60.2% below this industry median. Based on the distribution chart, NCL Industries ranks #258 out of 395 companies in the Building Materials industry, which is below the industry midpoint. Overall, NCL Industries has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCL Industries' Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, NCL Industries ranks #258 out of 395 companies for Days Payable. This places NCL Industries in the lower half of its industry. The industry median Days Payable is 69.75. NCL Industries' value of 27.75 is 60.2% below this benchmark. Historically, NCL Industries' own Days Payable has ranged from 32.41 to 63.48 over the past decade. While the company's 10-year median is 37.65 vs. the industry median of 69.75, NCL Industries has consistently been below 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. NCL Industries's current Days Payable of 27.75 is 60.2% below 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 NCL Industries 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. NCL Industries's current Days Payable is 27.75, which is 26% below median its own 10-year median of 37.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCL Industries stock overvalued right now?
Based on GuruFocus' analysis, NCL Industries (NSE:NCLIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹197.15, compared to a current price of ₹190.15 — trading 3.6% below its estimated fair value. The current Days Payable is 27.75, which is 26% below median its 10-year median of 37.65 and 60.2% below the Building Materials industry median of 69.75. NCL Industries' overall GF Score™ is 74/100 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 NCL Industries (NSE:NCLIND), the current Days Payable is 27.75 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 NCL Industries (NSE:NCLIND) Overvalued in 2026?
Based on GuruFocus' analysis, NCL Industries stock appears to be undervalued.
The current stock price of ₹190.15 is trading 3.6% below its estimated GF Value™ of ₹197.15.
GuruFocus considers NCL Industries to be Fairly Valued.
Key valuation signals for NSE:NCLIND:
Days Payable: 27.75 (26% below median its 10-year median of 37.65)
GF Value™: ₹197.15 vs. price of ₹190.15 (3.6% below fair value)
Industry Position: 60.2% below the Building Materials median (#258 of 395)
No single metric tells the full story. See the NSE:NCLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCL Industries Ltd is principally engaged in the business of manufacturing and selling Cement, Ready Mix Concrete (RMC), Cement Bonded Particle Boards (CBPB), and Prefab Shelters. The company's operating segment includes Cement; Boards; Energy, Readymade Doors, and Ready Mix Concrete. It generates maximum revenue from the Cement segment. Geographically, it derives a majority of its revenue from India.
74GF Score
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