Neochem Bio Solutions (NSE:NEOCHEM) Days Payable: 59.16 (As of Mar. 2026) — 47% Below Median

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NSE:NEOCHEM Neochem Bio Solutions Ltd NSE:NEOCHEM
18 GF Score
Price ₹91.00
! 2 Warning Signs
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What is Neochem Bio Solutions Days Payable?

Neochem Bio Solutions NSE:NEOCHEM +2.42% 18 Days Payable is 59.16 as of Mar. 2026, which is 47% below its 10-year median of 111.77. GuruFocus rates NSE:NEOCHEM with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,555 Chemicals companies, Neochem Bio Solutions ranks better than 62.25% on this metric.

Neochem Bio Solutions's average Accounts Payable for the six months ended in Mar. 2026 was ₹150 Mil. Neochem Bio Solutions's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹463 Mil. Hence, Neochem Bio Solutions's Days Payable for the six months ended in Mar. 2026 was 59.16.

The historical rank and industry rank for Neochem Bio Solutions's Days Payable or its related term are showing as below:

NSE:NEOCHEM' s Days Payable Range Over the Past 10 Years
Min: 67.53   Med: 111.77   Max: 148.93
Current: 74.43

During the past 4 years, Neochem Bio Solutions's highest Days Payable was 148.93. The lowest was 67.53. And the median was 111.77.

NSE:NEOCHEM's Days Payable is ranked better than
62.25% of 1555 companies
in the Chemicals industry
Industry Median: 59.91 vs NSE:NEOCHEM: 74.43

Neochem Bio Solutions's Days Payable declined from Mar. 2025 (88.68) to Mar. 2026 (59.16). It may suggest that Neochem Bio Solutions accelerated paying its suppliers.


Neochem Bio Solutions Days Payable Historical Data

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The historical data trend for Neochem Bio Solutions'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.

Neochem Bio Solutions Days Payable Chart

Neochem Bio Solutions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
148.93 124.90 98.63 67.53

Neochem Bio Solutions Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Payable 0.00 0.00 88.68 106.67 59.16

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

For the Specialty Chemicals subindustry, Neochem Bio Solutions'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.


Neochem Bio Solutions Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Neochem Bio Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Neochem Bio Solutions's Days Payable falls into.


NSE:NEOCHEM
18GF Score
Neochem Bio Solutions Ltd NSE:NEOCHEM
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Neochem Bio Solutions 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.

Neochem Bio Solutions'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
=( (167.125 + 115.446) / 2 ) / 763.634*365
=141.2855 / 763.634*365
=67.53

Neochem Bio Solutions'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
=( (184.592 + 115.446) / 2 ) / 462.766*365 / 2
=150.019 / 462.766*365 / 2
=59.16

* 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 59.16 mean?
Neochem Bio Solutions (NSE:NEOCHEM) has a Days Payable of 59.16 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 Neochem Bio Solutions and its competitors. This is 47% below median its historical median of 111.77. Over the past decade, Neochem Bio Solutions' Days Payable has ranged from 67.53 to 148.93. According to the industry distribution chart, Neochem Bio Solutions ranks #587 out of 1555 companies in the Chemicals industry, placing it in the top 37.7%.
Is Neochem Bio Solutions' Days Payable too high?
Neochem Bio Solutions' current Days Payable of 59.16 is 47% below median its 10-year median of 111.77. Over the past 10 years, this metric has ranged from a low of 67.53 to a high of 148.93. The Chemicals industry median Days Payable is 59.91. Neochem Bio Solutions' value of 59.16 is 1.3% below this industry median. Based on the distribution chart, Neochem Bio Solutions ranks #587 out of 1555 companies in the Chemicals industry, which is above the industry midpoint. Overall, Neochem Bio Solutions has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Neochem Bio Solutions' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Neochem Bio Solutions ranks #587 out of 1555 companies for Days Payable. This puts Neochem Bio Solutions in the upper half of its industry. The industry median Days Payable is 59.91. Neochem Bio Solutions' value of 59.16 is 1.3% below this benchmark. Historically, Neochem Bio Solutions' own Days Payable has ranged from 67.53 to 148.93 over the past decade. While the company's 10-year median is 111.77 vs. the industry median of 59.91, Neochem Bio Solutions 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.91, based on 1,555 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. Neochem Bio Solutions's current Days Payable of 59.16 is 1.3% 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 Neochem Bio Solutions and its competitors. For the Chemicals industry, the median Days Payable is 59.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neochem Bio Solutions's current Days Payable is 59.16, which is 47% below median its own 10-year median of 111.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neochem Bio Solutions stock overvalued right now?
Neochem Bio Solutions (NSE:NEOCHEM) has a current Days Payable of 59.16. The current Days Payable is 59.16, which is 47% below median its 10-year median of 111.77 and 1.3% below the Chemicals industry median of 59.91. Neochem Bio Solutions' overall GF Score™ is 18/100 with 2 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 Neochem Bio Solutions (NSE:NEOCHEM), the current Days Payable is 59.16 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.

Neochem Bio Solutions Business Description

Address Iscon Ambli Road, 303, W1, Opposite Vikramnagar Colony office, Daskroi, Ahmedabad, GJ, IND, 380058
Neochem Bio Solutions Ltd is a specialty performance chemical company. Its primary product segments such as Polymers, Surfactants, Silicones, and Esters & bio-based sustainable solutions. The products are essential and used in industries such as textile & garment washing, home & personal care (HPC), institutional and industrial cleaners, water treatment, paints and coatings, paper and pulp, construction, rubber and dyes and pigments.
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