National Fertilizers (NSE:NFL) Days Payable: 57.77 (As of Mar. 2026) — 54% Above Median


NSE:NFL National Fertilizers Ltd NSE:NFL
71 GF Score
Price ₹74.44
GF Value ₹300.43
Valuation Possible Value Trap
! 5 Warning Signs
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What is National Fertilizers Days Payable?

National Fertilizers NSE:NFL -0.98% 71 Days Payable is 57.77 as of Mar. 2026, which is 54% above its 10-year median of 37.56. GuruFocus rates NSE:NFL with a GF Score™ of 71/100 and a GF Value™ of ₹300.43 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 246 Agriculture companies, National Fertilizers ranks worse than 71.14% on this metric.

National Fertilizers's average Accounts Payable for the three months ended in Mar. 2026 was ₹14,787 Mil. National Fertilizers's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹23,356 Mil. Hence, National Fertilizers's Days Payable for the three months ended in Mar. 2026 was 57.77.

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

NSE:NFL' s Days Payable Range Over the Past 10 Years
Min: 29.45   Med: 37.56   Max: 45.14
Current: 42.1

During the past 13 years, National Fertilizers's highest Days Payable was 45.14. The lowest was 29.45. And the median was 37.56.

NSE:NFL's Days Payable is ranked worse than
71.14% of 246 companies
in the Agriculture industry
Industry Median: 72.7 vs NSE:NFL: 42.10

National Fertilizers's Days Payable increased from Mar. 2025 (57.74) to Mar. 2026 (57.77). It may suggest that National Fertilizers delayed paying its suppliers.


National Fertilizers Days Payable Historical Data

* Premium members only.

The historical data trend for National Fertilizers'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.

National Fertilizers Days Payable Chart

National Fertilizers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.18 29.45 35.38 42.61 39.87

National Fertilizers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.74 72.27 32.81 42.70 57.77

NSE:NFL vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, National Fertilizers'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.


National Fertilizers Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, National Fertilizers's Days Payable distribution charts can be found below:

* The bar in red indicates where National Fertilizers's Days Payable falls into.


NSE:NFL
71GF Score
National Fertilizers Ltd NSE:NFL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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National Fertilizers 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.

National Fertilizers'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
=( (15372.7 + 14787.3) / 2 ) / 138040.3*365
=15080 / 138040.3*365
=39.87

National Fertilizers'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 14787.3) / 1 ) / 23356.4*365 / 4
=14787.3 / 23356.4*365 / 4
=57.77

* 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 57.77 mean?
National Fertilizers (NSE:NFL) has a Days Payable of 57.77 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 National Fertilizers and its competitors. This is 54% above median its historical median of 37.56. Over the past decade, National Fertilizers' Days Payable has ranged from 29.45 to 45.14. According to the industry distribution chart, National Fertilizers ranks #175 out of 246 companies in the Agriculture industry, placing it in the top 71.1%.
Is National Fertilizers' Days Payable too high?
National Fertilizers' current Days Payable of 57.77 is 54% above median its 10-year median of 37.56. Over the past 10 years, this metric has ranged from a low of 29.45 to a high of 45.14. The Agriculture industry median Days Payable is 72.70. National Fertilizers' value of 57.77 is 20.5% below this industry median. Based on the distribution chart, National Fertilizers ranks #175 out of 246 companies in the Agriculture industry, which is below the industry midpoint. Overall, National Fertilizers has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Fertilizers' Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, National Fertilizers ranks #175 out of 246 companies for Days Payable. This places National Fertilizers in the lower half of its industry. The industry median Days Payable is 72.70. National Fertilizers' value of 57.77 is 20.5% below this benchmark. Historically, National Fertilizers' own Days Payable has ranged from 29.45 to 45.14 over the past decade. While the company's 10-year median is 37.56 vs. the industry median of 72.70, National Fertilizers 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 Agriculture company?
The median Days Payable among Agriculture companies is 72.70, based on 246 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. National Fertilizers's current Days Payable of 57.77 is 20.5% 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 National Fertilizers and its competitors. For the Agriculture industry, the median Days Payable is 72.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fertilizers's current Days Payable is 57.77, which is 54% above median its own 10-year median of 37.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, National Fertilizers (NSE:NFL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹300.43, compared to a current price of ₹74.44 — trading 75.2% below its estimated fair value. The current Days Payable is 57.77, which is 54% above median its 10-year median of 37.56 and 20.5% below the Agriculture industry median of 72.70. National Fertilizers' overall GF Score™ is 71/100 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 National Fertilizers (NSE:NFL), the current Days Payable is 57.77 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 National Fertilizers (NSE:NFL) Overvalued in 2026?

Based on GuruFocus' analysis, National Fertilizers stock appears to be undervalued. The current stock price of ₹74.44 is trading 75.2% below its estimated GF Value™ of ₹300.43. GuruFocus considers National Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:NFL:

  • Days Payable: 57.77 (54% above median its 10-year median of 37.56)
  • GF Value™: ₹300.43 vs. price of ₹74.44 (75.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 20.5% below the Agriculture median (#175 of 246)

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


National Fertilizers Business Description

Other Exchanges 523630:India
Address A-11, Sector-24, Gautam Budh Nagar, Noida, UP, IND, 201301
National Fertilizers Ltd is engaged in the business of manufacturing agro chemicals. Its product portfolio includes Neem Coated Urea, four strains of Bio-Fertilizers (solid & liquid), Bentonite Sulphur, and other allied Industrial products like Ammonia, Nitric Acid, Ammonium Nitrate, Sodium Nitrite and Sodium Nitrate. The brand name of the company is known in the market as KISAN. The company also provides agriculture extension services to educate farmers on fertilizers and the know-how on scientific methods of cultivation. Its operating segments include Manufactured Fertilizers which derive key revenue, Manufactured Chemicals, Traded Imported Fertilizers, and Others. Geographically, the company caters only to the Indian market.
71GF Score

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

₹74.44
Price
₹300.43
GF Value