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Nikita Greentech RecyclingNSE:NIKITA 11 Days Payable is 62.94 as of Mar. 2026, which is 49% above its 10-year median of 42.11. GuruFocus rates NSE:NIKITA with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 274 Forest Products companies, Nikita Greentech Recycling ranks better than 53.28% on this metric.
* 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.
Nikita Greentech Recycling Days Payable Competitor Comparison
For the Paper & Paper Products subindustry, Nikita Greentech Recycling'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.
Nikita Greentech Recycling Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Nikita Greentech Recycling's Days Payable distribution charts can be found below:
* The bar in red indicates where Nikita Greentech Recycling's Days Payable falls into.
Nikita Greentech Recycling 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.
* 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.
Nikita Greentech Recycling (NSE:NIKITA) has a Days Payable of 62.94 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 Nikita Greentech Recycling and its competitors. This is 49% above median its historical median of 42.11. Over the past decade, Nikita Greentech Recycling's Days Payable has ranged from 23.10 to 62.98. According to the industry distribution chart, Nikita Greentech Recycling ranks #128 out of 274 companies in the Forest Products industry, placing it in the top 46.7%.
Is Nikita Greentech Recycling's Days Payable too high?
Nikita Greentech Recycling's current Days Payable of 62.94 is 49% above median its 10-year median of 42.11. Over the past 10 years, this metric has ranged from a low of 23.10 to a high of 62.98. The Forest Products industry median Days Payable is 57.07. Nikita Greentech Recycling's value of 62.94 is 10.3% above this industry median. Based on the distribution chart, Nikita Greentech Recycling ranks #128 out of 274 companies in the Forest Products industry, which is above the industry midpoint. Overall, Nikita Greentech Recycling has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Nikita Greentech Recycling's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Nikita Greentech Recycling ranks #128 out of 274 companies for Days Payable. This puts Nikita Greentech Recycling in the upper half of its industry. The industry median Days Payable is 57.07. Nikita Greentech Recycling's value of 62.94 is 10.3% above this benchmark. Historically, Nikita Greentech Recycling's own Days Payable has ranged from 23.10 to 62.98 over the past decade. While the company's 10-year median is 42.11 vs. the industry median of 57.07, Nikita Greentech Recycling 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.07, based on 274 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. Nikita Greentech Recycling's current Days Payable of 62.94 is 10.3% 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 Nikita Greentech Recycling and its competitors. For the Forest Products industry, the median Days Payable is 57.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikita Greentech Recycling's current Days Payable is 62.94, which is 49% above median its own 10-year median of 42.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikita Greentech Recycling stock overvalued right now?
Nikita Greentech Recycling (NSE:NIKITA) has a current Days Payable of 62.94. The current Days Payable is 62.94, which is 49% above median its 10-year median of 42.11 and 10.3% above the Forest Products industry median of 57.07. Nikita Greentech Recycling's overall GF Score™ is 11/100 with 6 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 Nikita Greentech Recycling (NSE:NIKITA), the current Days Payable is 62.94 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.
Nikita Greentech Recycling Ltd, formerly Nikita Papers Ltd is a manufacturers of recycled kraft paper. It is manufacturing Kraft paper ranging from 80 to 200 GSM in various Burst Factor (B.F.) ranges. The company has only one segment: Business of Kraft Paper Manufacturing.
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