Poddar Pigments (NSE:PODDARMENT) Days Payable: 41.22 (As of Mar. 2026) — 72% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:PODDARMENT Poddar Pigments Ltd NSE:PODDARMENT
81 GF Score
Price ₹237.92
GF Value ₹350.64
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Poddar Pigments Days Payable?

Poddar Pigments NSE:PODDARMENT +0.85% 81 Days Payable is 41.22 as of Mar. 2026, which is 72% above its 10-year median of 23.95. GuruFocus rates NSE:PODDARMENT with a GF Score™ of 81/100 and a GF Value™ of ₹350.64 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,554 Chemicals companies, Poddar Pigments ranks worse than 76.9% on this metric.

Poddar Pigments's average Accounts Payable for the three months ended in Mar. 2026 was ₹310 Mil. Poddar Pigments's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹686 Mil. Hence, Poddar Pigments's Days Payable for the three months ended in Mar. 2026 was 41.22.

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

NSE:PODDARMENT' s Days Payable Range Over the Past 10 Years
Min: 17.19   Med: 23.95   Max: 33.35
Current: 33.04

During the past 13 years, Poddar Pigments's highest Days Payable was 33.35. The lowest was 17.19. And the median was 23.95.

NSE:PODDARMENT's Days Payable is ranked worse than
76.9% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs NSE:PODDARMENT: 33.04

Poddar Pigments's Days Payable increased from Mar. 2025 (24.20) to Mar. 2026 (41.22). It may suggest that Poddar Pigments delayed paying its suppliers.


Poddar Pigments Days Payable Historical Data

* Premium members only.

The historical data trend for Poddar Pigments'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.

Poddar Pigments Days Payable Chart

Poddar Pigments 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 22.77 26.80 27.45 25.12 33.35

Poddar Pigments 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 24.20 23.08 33.46 33.03 41.22

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

For the Specialty Chemicals subindustry, Poddar Pigments'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.


Poddar Pigments Days Payable vs Chemicals Industry

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

* The bar in red indicates where Poddar Pigments's Days Payable falls into.


NSE:PODDARMENT
81GF Score
Poddar Pigments Ltd NSE:PODDARMENT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Poddar Pigments 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.

Poddar Pigments'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
=( (158.81 + 309.804) / 2 ) / 2564.45*365
=234.307 / 2564.45*365
=33.35

Poddar Pigments'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 + 309.804) / 1 ) / 685.751*365 / 4
=309.804 / 685.751*365 / 4
=41.22

* 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 41.22 mean?
Poddar Pigments (NSE:PODDARMENT) has a Days Payable of 41.22 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 Poddar Pigments and its competitors. This is 72% above median its historical median of 23.95. Over the past decade, Poddar Pigments' Days Payable has ranged from 17.19 to 33.35. According to the industry distribution chart, Poddar Pigments ranks #1195 out of 1554 companies in the Chemicals industry, placing it in the top 76.9%.
Is Poddar Pigments' Days Payable too high?
Poddar Pigments' current Days Payable of 41.22 is 72% above median its 10-year median of 23.95. Over the past 10 years, this metric has ranged from a low of 17.19 to a high of 33.35. The Chemicals industry median Days Payable is 59.88. Poddar Pigments' value of 41.22 is 31.2% below this industry median. Based on the distribution chart, Poddar Pigments ranks #1195 out of 1554 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Poddar Pigments has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Poddar Pigments' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Poddar Pigments ranks #1195 out of 1554 companies for Days Payable. This places Poddar Pigments in the lower half of its industry. The industry median Days Payable is 59.88. Poddar Pigments' value of 41.22 is 31.2% below this benchmark. Historically, Poddar Pigments' own Days Payable has ranged from 17.19 to 33.35 over the past decade. While the company's 10-year median is 23.95 vs. the industry median of 59.88, Poddar Pigments 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 59.88, based on 1,554 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. Poddar Pigments's current Days Payable of 41.22 is 31.2% 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 Poddar Pigments and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Poddar Pigments's current Days Payable is 41.22, which is 72% above median its own 10-year median of 23.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poddar Pigments stock overvalued right now?
Based on GuruFocus' analysis, Poddar Pigments (NSE:PODDARMENT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹350.64, compared to a current price of ₹237.92 — trading 32.1% below its estimated fair value. The current Days Payable is 41.22, which is 72% above median its 10-year median of 23.95 and 31.2% below the Chemicals industry median of 59.88. Poddar Pigments' overall GF Score™ is 81/100 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 Poddar Pigments (NSE:PODDARMENT), the current Days Payable is 41.22 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 Poddar Pigments (NSE:PODDARMENT) Overvalued in 2026?

Based on GuruFocus' analysis, Poddar Pigments stock appears to be undervalued. The current stock price of ₹237.92 is trading 32.1% below its estimated GF Value™ of ₹350.64. GuruFocus considers Poddar Pigments to be Possible Value Trap.

Key valuation signals for NSE:PODDARMENT:

  • Days Payable: 41.22 (72% above median its 10-year median of 23.95)
  • GF Value™: ₹350.64 vs. price of ₹237.92 (32.1% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 31.2% below the Chemicals median (#1195 of 1554)

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


Poddar Pigments Business Description

Other Exchanges 524570:India
Address Mahatma Gandhi Road, Rosy Tower, 3rd Floor, Nungambakkam, Chennai, TN, IND, 600 034
Poddar Pigments Ltd is an India-based company that manufactures color and additive masterbatches for dope dyeing of polypropylene, nylon, and polyester multifilament yarn, fibers. The company's product category includes Masterbatch for Man-Made Fiber, Masterbatches for Plastic Applications, and Functional and Additive Masterbatches. The company generates all of its revenue from the sale of products, Geographically the company derives the majority of its revenue from India.
81GF Score

Get the complete analysis for NSE:PODDARMENT

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

₹237.92
Price
₹350.64
GF Value