Neptune Petrochemicals (NSE:NEPTUNE) Days Payable: 3.66 (As of Sep. 2025) — 92% Below Median

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NSE:NEPTUNE Neptune Petrochemicals Ltd NSE:NEPTUNE
18 GF Score
Price ₹185.65
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What is Neptune Petrochemicals Days Payable?

Neptune Petrochemicals NSE:NEPTUNE -0.72% 18 Days Payable is 3.66 as of Sep. 2025, which is 92% below its 10-year median of 48.28. GuruFocus rates NSE:NEPTUNE with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 851 Oil & Gas companies, Neptune Petrochemicals ranks worse than 96.36% on this metric.

Neptune Petrochemicals's average Accounts Payable for the six months ended in Sep. 2025 was ₹75 Mil. Neptune Petrochemicals's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹3,732 Mil. Hence, Neptune Petrochemicals's Days Payable for the six months ended in Sep. 2025 was 3.66.

The historical rank and industry rank for Neptune Petrochemicals's Days Payable or its related term are showing as below:

NSE:NEPTUNE' s Days Payable Range Over the Past 10 Years
Min: 7.32   Med: 48.28   Max: 67.08
Current: 7.32

During the past 3 years, Neptune Petrochemicals's highest Days Payable was 67.08. The lowest was 7.32. And the median was 48.28.

NSE:NEPTUNE's Days Payable is ranked worse than
96.36% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs NSE:NEPTUNE: 7.32

Neptune Petrochemicals's Days Payable increased from Mar. 2024 (0.00) to Sep. 2025 (3.66). It may suggest that Neptune Petrochemicals delayed paying its suppliers.


Neptune Petrochemicals Days Payable Historical Data

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The historical data trend for Neptune Petrochemicals'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.

Neptune Petrochemicals Days Payable Chart

Neptune Petrochemicals Annual Data
Trend Mar22 Mar23 Mar24
Days Payable
67.08 48.28 45.34

Neptune Petrochemicals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Sep25
Days Payable 0.00 0.00 0.00 44.31 3.66

NSE:NEPTUNE vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Neptune Petrochemicals'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.


Neptune Petrochemicals Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neptune Petrochemicals's Days Payable distribution charts can be found below:

* The bar in red indicates where Neptune Petrochemicals's Days Payable falls into.


NSE:NEPTUNE
18GF Score
Neptune Petrochemicals Ltd NSE:NEPTUNE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Neptune Petrochemicals 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.

Neptune Petrochemicals's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (815.589 + 770.65) / 2 ) / 6384.205*365
=793.1195 / 6384.205*365
=45.34

Neptune Petrochemicals's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0 + 74.85) / 1 ) / 3731.899*365 / 2
=74.85 / 3731.899*365 / 2
=3.66

* 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 3.66 mean?
Neptune Petrochemicals (NSE:NEPTUNE) has a Days Payable of 3.66 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Neptune Petrochemicals and its competitors. This is 92% below median its historical median of 48.28. Over the past decade, Neptune Petrochemicals' Days Payable has ranged from 7.32 to 67.08. According to the industry distribution chart, Neptune Petrochemicals ranks #820 out of 851 companies in the Oil & Gas industry, placing it in the top 96.4%.
Is Neptune Petrochemicals' Days Payable too high?
Neptune Petrochemicals' current Days Payable of 3.66 is 92% below median its 10-year median of 48.28. Over the past 10 years, this metric has ranged from a low of 7.32 to a high of 67.08. The Oil & Gas industry median Days Payable is 57.95. Neptune Petrochemicals' value of 3.66 is 93.7% below this industry median. Based on the distribution chart, Neptune Petrochemicals ranks #820 out of 851 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Neptune Petrochemicals has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Petrochemicals' Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neptune Petrochemicals ranks #820 out of 851 companies for Days Payable. This places Neptune Petrochemicals in the lower half of its industry. The industry median Days Payable is 57.95. Neptune Petrochemicals' value of 3.66 is 93.7% below this benchmark. Historically, Neptune Petrochemicals' own Days Payable has ranged from 7.32 to 67.08 over the past decade. While the company's 10-year median is 48.28 vs. the industry median of 57.95, Neptune Petrochemicals 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 851 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. Neptune Petrochemicals's current Days Payable of 3.66 is 93.7% 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 Neptune Petrochemicals and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Petrochemicals's current Days Payable is 3.66, which is 92% below median its own 10-year median of 48.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Petrochemicals stock overvalued right now?
Neptune Petrochemicals (NSE:NEPTUNE) has a current Days Payable of 3.66. The current Days Payable is 3.66, which is 92% below median its 10-year median of 48.28 and 93.7% below the Oil & Gas industry median of 57.95. Neptune Petrochemicals' overall GF Score™ is 18/100 with 1 warning sign 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 Neptune Petrochemicals (NSE:NEPTUNE), the current Days Payable is 3.66 as of Sep. 2025. 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.

Neptune Petrochemicals Business Description

Industry EnergyOil & Gas
Address S. G. Highway, k-B, Office No. 606, Mondeal Heights Nr. Panchratna Party Plot, Ahmedabad, GJ, IND, 380015
Neptune Petrochemicals Ltd is engaged in the business of manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products. Its product portfolio that includes various grades of bitumen, modified bitumen like Polymer Modified Bitumen, Crumb Rubber based modified bitumen and oils, it serves a broad range of industries, particularly the construction and industrial applications and also offer a broad products tailored to the needs of the road construction and infrastructure industries. The company has one segment that is Dealing in Petrolyum Products. Geographically, it operates only in India.
18GF Score

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