Polysil Irrigation Systems (NSE:POLYSIL) Days Payable: 1,027.23 (As of Mar. 2025) — 498% Above Median


NSE:POLYSIL Polysil Irrigation Systems Ltd NSE:POLYSIL
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What is Polysil Irrigation Systems Days Payable?

Polysil Irrigation Systems NSE:POLYSIL -0.57% 20 Days Payable is 1,027.23 as of Mar. 2025, which is 498% above its 10-year median of 171.75. GuruFocus rates NSE:POLYSIL with a GF Score™ of 20/100. The stock has 10 warning signs investors should review. Among 2,986 Industrial Products companies, Polysil Irrigation Systems ranks better than 99.13% on this metric.

Polysil Irrigation Systems's average Accounts Payable for the six months ended in Mar. 2025 was ₹253.2 Mil. Polysil Irrigation Systems's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹90.0 Mil. Hence, Polysil Irrigation Systems's Days Payable for the six months ended in Mar. 2025 was 513.62.

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

NSE:POLYSIL' s Days Payable Range Over the Past 10 Years
Min: 107.54   Med: 171.75   Max: 1027.23
Current: 1027.23

During the past 5 years, Polysil Irrigation Systems's highest Days Payable was 1027.23. The lowest was 107.54. And the median was 171.75.

NSE:POLYSIL's Days Payable is ranked better than
99.13% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs NSE:POLYSIL: 1027.23

Polysil Irrigation Systems's Days Payable increased from Mar. 2023 (158.59) to Mar. 2025 (1,027.23). It may suggest that Polysil Irrigation Systems delayed paying its suppliers.


Polysil Irrigation Systems Days Payable Historical Data

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The historical data trend for Polysil Irrigation Systems'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.

Polysil Irrigation Systems Days Payable Chart

Polysil Irrigation Systems Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
107.54 171.75 158.59 229.46 1,027.23

Polysil Irrigation Systems Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable 107.54 171.75 158.59 229.46 1,027.23

NSE:POLYSIL vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Polysil Irrigation Systems'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.


Polysil Irrigation Systems Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polysil Irrigation Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Polysil Irrigation Systems's Days Payable falls into.


NSE:POLYSIL
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Polysil Irrigation Systems Ltd NSE:POLYSIL
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Polysil Irrigation Systems 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.

Polysil Irrigation Systems's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (227.045 + 279.435) / 2 ) / 89.982*365
=253.24 / 89.982*365
=1,027.23

Polysil Irrigation Systems's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (227.045 + 279.435) / 2 ) / 89.982*365 / 2
=253.24 / 89.982*365 / 2
=513.62

* 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 1,027.23 mean?
Polysil Irrigation Systems (NSE:POLYSIL) has a Days Payable of 1,027.23 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Polysil Irrigation Systems and its competitors. This is 498% above median its historical median of 171.75. Over the past decade, Polysil Irrigation Systems' Days Payable has ranged from 107.54 to 1,027.23. According to the industry distribution chart, Polysil Irrigation Systems ranks #26 out of 2986 companies in the Industrial Products industry, placing it in the top 0.90000000000001%.
Is Polysil Irrigation Systems' Days Payable too high?
Polysil Irrigation Systems' current Days Payable of 1,027.23 is 498% above median its 10-year median of 171.75. Over the past 10 years, this metric has ranged from a low of 107.54 to a high of 1,027.23. The Industrial Products industry median Days Payable is 78.07. Polysil Irrigation Systems' value of 1,027.23 is 1215.9% above this industry median. Based on the distribution chart, Polysil Irrigation Systems ranks #26 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Polysil Irrigation Systems has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Polysil Irrigation Systems' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Polysil Irrigation Systems ranks #26 out of 2986 companies for Days Payable. This places Polysil Irrigation Systems in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. Polysil Irrigation Systems' value of 1,027.23 is 1215.9% above this benchmark. Historically, Polysil Irrigation Systems' own Days Payable has ranged from 107.54 to 1,027.23 over the past decade. While the company's 10-year median is 171.75 vs. the industry median of 78.07, Polysil Irrigation Systems 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. Polysil Irrigation Systems's current Days Payable of 1,027.23 is 1215.9% 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 Polysil Irrigation Systems and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polysil Irrigation Systems's current Days Payable is 1,027.23, which is 498% above median its own 10-year median of 171.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polysil Irrigation Systems stock overvalued right now?
Polysil Irrigation Systems (NSE:POLYSIL) has a current Days Payable of 1,027.23. The current Days Payable is 1,027.23, which is 498% above median its 10-year median of 171.75 and 1215.9% above the Industrial Products industry median of 78.07. Polysil Irrigation Systems' overall GF Score™ is 20/100 with 10 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 Polysil Irrigation Systems (NSE:POLYSIL), the current Days Payable is 1,027.23 as of Mar. 2025. 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.

Polysil Irrigation Systems Business Description

Address Survey No- 340/1, Beside Hystuff Steel, At Post Raniya, Taluka Savli, District Vadodara, Vadodara, GJ, IND, 391780
Polysil Irrigation Systems Ltd is an integrated player within the drip irrigation and sprinkler irrigation sectors, with a presence in the micro irrigation industry. Its product range includes HDPE Pipes, pipe fittings, and irrigation equipment, including disc filters, screen filters, hydro-cyclone filters, sand filters, compression fittings, valves, fertilizer tanks, digital controllers, pressure gauges, etc. These products are sold under the brand Polysil. The company sells its products through institutional markets and open market sales. It has one segment, which is High-Density Polyethylene Pipe (HDPE)/Linear Low Density Polyethylene Pipe (LLDPE)/Low Density Polyethylene Pipe (LDPE) and Micro irrigation Systems. Geographically, the company operates across different regions in India.
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