Plastiblends India (NSE:PLASTIBLEN) Days Payable: 19.88 (As of Mar. 2026) — 12% Above Median


NSE:PLASTIBLEN Plastiblends India Ltd NSE:PLASTIBLEN
79 GF Score
Price ₹170.17
GF Value ₹225.97
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Plastiblends India Days Payable?

Plastiblends India NSE:PLASTIBLEN -3.58% 79 Days Payable is 19.88 as of Mar. 2026, which is 12% above its 10-year median of 17.74. GuruFocus rates NSE:PLASTIBLEN with a GF Score™ of 79/100 and a GF Value™ of ₹225.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,551 Chemicals companies, Plastiblends India ranks worse than 93.62% on this metric.

Plastiblends India's average Accounts Payable for the three months ended in Mar. 2026 was ₹335 Mil. Plastiblends India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,536 Mil. Hence, Plastiblends India's Days Payable for the three months ended in Mar. 2026 was 19.88.

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

NSE:PLASTIBLEN' s Days Payable Range Over the Past 10 Years
Min: 14.97   Med: 17.74   Max: 39.03
Current: 15.85

During the past 13 years, Plastiblends India's highest Days Payable was 39.03. The lowest was 14.97. And the median was 17.74.

NSE:PLASTIBLEN's Days Payable is ranked worse than
93.62% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs NSE:PLASTIBLEN: 15.85

Plastiblends India's Days Payable increased from Mar. 2025 (17.07) to Mar. 2026 (19.88). It may suggest that Plastiblends India delayed paying its suppliers.


Plastiblends India Days Payable Historical Data

* Premium members only.

The historical data trend for Plastiblends India'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.

Plastiblends India Days Payable Chart

Plastiblends India 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 16.50 15.79 15.25 15.80 18.98

Plastiblends India 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 17.07 16.75 9.76 10.18 19.88

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

For the Specialty Chemicals subindustry, Plastiblends India'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.


Plastiblends India Days Payable vs Chemicals Industry

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

* The bar in red indicates where Plastiblends India's Days Payable falls into.


NSE:PLASTIBLEN
79GF Score
Plastiblends India Ltd NSE:PLASTIBLEN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Plastiblends India 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.

Plastiblends India'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
=( (276.782 + 334.505) / 2 ) / 5878.664*365
=305.6435 / 5878.664*365
=18.98

Plastiblends India'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 + 334.505) / 1 ) / 1535.75*365 / 4
=334.505 / 1535.75*365 / 4
=19.88

* 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 19.88 mean?
Plastiblends India (NSE:PLASTIBLEN) has a Days Payable of 19.88 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 Plastiblends India and its competitors. This is 12% above median its historical median of 17.74. Over the past decade, Plastiblends India's Days Payable has ranged from 14.97 to 39.03. According to the industry distribution chart, Plastiblends India ranks #1452 out of 1551 companies in the Chemicals industry, placing it in the top 93.6%.
Is Plastiblends India's Days Payable too high?
Plastiblends India's current Days Payable of 19.88 is 12% above median its 10-year median of 17.74. Over the past 10 years, this metric has ranged from a low of 14.97 to a high of 39.03. The Chemicals industry median Days Payable is 59.87. Plastiblends India's value of 19.88 is 66.8% below this industry median. Based on the distribution chart, Plastiblends India ranks #1452 out of 1551 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Plastiblends India has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plastiblends India's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Plastiblends India ranks #1452 out of 1551 companies for Days Payable. This places Plastiblends India in the lower half of its industry. The industry median Days Payable is 59.87. Plastiblends India's value of 19.88 is 66.8% below this benchmark. Historically, Plastiblends India's own Days Payable has ranged from 14.97 to 39.03 over the past decade. While the company's 10-year median is 17.74 vs. the industry median of 59.87, Plastiblends India 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 59.87, based on 1,551 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. Plastiblends India's current Days Payable of 19.88 is 66.8% 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 Plastiblends India and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plastiblends India's current Days Payable is 19.88, which is 12% above median its own 10-year median of 17.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plastiblends India stock overvalued right now?
Based on GuruFocus' analysis, Plastiblends India (NSE:PLASTIBLEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹225.97, compared to a current price of ₹170.17 — trading 24.7% below its estimated fair value. The current Days Payable is 19.88, which is 12% above median its 10-year median of 17.74 and 66.8% below the Chemicals industry median of 59.87. Plastiblends India's overall GF Score™ is 79/100 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 Plastiblends India (NSE:PLASTIBLEN), the current Days Payable is 19.88 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 Plastiblends India (NSE:PLASTIBLEN) Overvalued in 2026?

Based on GuruFocus' analysis, Plastiblends India stock appears to be undervalued. The current stock price of ₹170.17 is trading 24.7% below its estimated GF Value™ of ₹225.97. GuruFocus considers Plastiblends India to be Modestly Undervalued.

Key valuation signals for NSE:PLASTIBLEN:

  • Days Payable: 19.88 (12% above median its 10-year median of 17.74)
  • GF Value™: ₹225.97 vs. price of ₹170.17 (24.7% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 66.8% below the Chemicals median (#1452 of 1551)

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


Plastiblends India Business Description

Other Exchanges 523648:India
Address New Link Road, Opposite Citi Mall, 10th Floor, Fortune Terraces, A-Wing, Andheri (West), Mumbai, MH, IND, 400 053
Plastiblends India Ltd is a manufacturer and sells Masterbatches and thermoplastic compounds. The company's products are applicable in various plastic processing industries, such as Flexible Packaging, Agriculture, Irrigation, Piping, Infrastructure, and Consumer Durables. The company's product includes Black Masterbatches, Color Masterbatches, Additive Masterbatches Filler Masterbatches, PET Masterbatches, Conductive Compounds among others. The group principally operates in India. It also is a internationally recognised brand, making waves in European, African, North American, South American and Asian markets.
79GF Score

Get the complete analysis for NSE:PLASTIBLEN

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

₹170.17
Price
₹225.97
GF Value