Polyplex (NSE:POLYPLEX) Days Payable: 46.80 (As of Mar. 2026) — 27% Above Median


NSE:POLYPLEX Polyplex Corp Ltd NSE:POLYPLEX
79 GF Score
Price ₹1,025.05
GF Value ₹1,099.03
Valuation Fairly Valued
! 8 Warning Signs
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What is Polyplex Days Payable?

Polyplex NSE:POLYPLEX +1.00% 79 Days Payable is 46.80 as of Mar. 2026, which is 27% above its 10-year median of 36.87. GuruFocus rates NSE:POLYPLEX with a GF Score™ of 79/100 and a GF Value™ of ₹1,099.03 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,551 Chemicals companies, Polyplex ranks worse than 63.64% on this metric.

Polyplex's average Accounts Payable for the three months ended in Mar. 2026 was ₹6,257 Mil. Polyplex's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹12,199 Mil. Hence, Polyplex's Days Payable for the three months ended in Mar. 2026 was 46.80.

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

NSE:POLYPLEX' s Days Payable Range Over the Past 10 Years
Min: 28.97   Med: 36.87   Max: 46.86
Current: 46.86

During the past 13 years, Polyplex's highest Days Payable was 46.86. The lowest was 28.97. And the median was 36.87.

NSE:POLYPLEX's Days Payable is ranked worse than
63.64% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs NSE:POLYPLEX: 46.86

Polyplex's Days Payable increased from Mar. 2025 (42.54) to Mar. 2026 (46.80). It may suggest that Polyplex delayed paying its suppliers.


Polyplex Days Payable Historical Data

* Premium members only.

The historical data trend for Polyplex'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.

Polyplex Days Payable Chart

Polyplex 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 37.20 32.06 37.96 43.97 46.44

Polyplex 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 42.54 43.74 46.97 50.85 46.80

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

For the Specialty Chemicals subindustry, Polyplex'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.


Polyplex Days Payable vs Chemicals Industry

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

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


NSE:POLYPLEX
79GF Score
Polyplex Corp Ltd NSE:POLYPLEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Polyplex 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.

Polyplex'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
=( (5079.061 + 6257) / 2 ) / 44543.7*365
=5668.0305 / 44543.7*365
=46.44

Polyplex'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 + 6257) / 1 ) / 12198.9*365 / 4
=6257 / 12198.9*365 / 4
=46.80

* 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 46.80 mean?
Polyplex (NSE:POLYPLEX) has a Days Payable of 46.80 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 Polyplex and its competitors. This is 27% above median its historical median of 36.87. Over the past decade, Polyplex's Days Payable has ranged from 28.97 to 46.86. According to the industry distribution chart, Polyplex ranks #987 out of 1551 companies in the Chemicals industry, placing it in the top 63.6%.
Is Polyplex's Days Payable too high?
Polyplex's current Days Payable of 46.80 is 27% above median its 10-year median of 36.87. Over the past 10 years, this metric has ranged from a low of 28.97 to a high of 46.86. The Chemicals industry median Days Payable is 59.87. Polyplex's value of 46.80 is 21.8% below this industry median. Based on the distribution chart, Polyplex ranks #987 out of 1551 companies in the Chemicals industry, which is below the industry midpoint. Overall, Polyplex has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polyplex's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Polyplex ranks #987 out of 1551 companies for Days Payable. This places Polyplex in the lower half of its industry. The industry median Days Payable is 59.87. Polyplex's value of 46.80 is 21.8% below this benchmark. Historically, Polyplex's own Days Payable has ranged from 28.97 to 46.86 over the past decade. While the company's 10-year median is 36.87 vs. the industry median of 59.87, Polyplex 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. Polyplex's current Days Payable of 46.80 is 21.8% 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 Polyplex 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. Polyplex's current Days Payable is 46.80, which is 27% above median its own 10-year median of 36.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polyplex stock overvalued right now?
Based on GuruFocus' analysis, Polyplex (NSE:POLYPLEX) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,099.03, compared to a current price of ₹1,025.05 — trading 6.7% below its estimated fair value. The current Days Payable is 46.80, which is 27% above median its 10-year median of 36.87 and 21.8% below the Chemicals industry median of 59.87. Polyplex's overall GF Score™ is 79/100 with 8 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 Polyplex (NSE:POLYPLEX), the current Days Payable is 46.80 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 Polyplex (NSE:POLYPLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Polyplex stock appears to be undervalued. The current stock price of ₹1,025.05 is trading 6.7% below its estimated GF Value™ of ₹1,099.03. GuruFocus considers Polyplex to be Fairly Valued.

Key valuation signals for NSE:POLYPLEX:

  • Days Payable: 46.80 (27% above median its 10-year median of 36.87)
  • GF Value™: ₹1,099.03 vs. price of ₹1,025.05 (6.7% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 21.8% below the Chemicals median (#987 of 1551)

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


Polyplex Business Description

Other Exchanges 524051:India
Address B-37, Sector-1, District Gautam Budh Nagar, Noida, UP, IND, 201 301
Polyplex Corp Ltd is an India-based company engaged in the manufacturing of Polymeric films. Its is a Biaxially Oriented Polyethylene Terephthalate Film (BOPET) film producer with a footprint in an attractive Industry. It offers a wide range of polymeric films across various substrates including BOPET (thin & thick), Biaxially Oriented Polypropylene Film (BOPP), Cast Polypropylene (CPP) and Blown Polypropylene/Polyethylene (Blown PP/PE). Its portfolio of specialty differentiated products are used across packaging, electrical & electronic and other industrial applications. Geographically, it derives a majority of its revenue from Outside India.
79GF Score

Get the complete analysis for NSE:POLYPLEX

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

₹1,025.05
Price
₹1,099.03
GF Value