Responsive Industries (NSE:RESPONIND) Days Payable: 15.43 (As of Mar. 2026) — 44% Below Median


NSE:RESPONIND Responsive Industries Ltd NSE:RESPONIND
81 GF Score
Price ₹203.06
GF Value ₹292.03
Valuation Possible Value Trap
! 7 Warning Signs
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What is Responsive Industries Days Payable?

Responsive Industries NSE:RESPONIND -4.23% 81 Days Payable is 15.43 as of Mar. 2026, which is 44% below its 10-year median of 27.71. GuruFocus rates NSE:RESPONIND with a GF Score™ of 81/100 and a GF Value™ of ₹292.03 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,551 Chemicals companies, Responsive Industries ranks worse than 74.15% on this metric.

Responsive Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹575 Mil. Responsive Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,398 Mil. Hence, Responsive Industries's Days Payable for the three months ended in Mar. 2026 was 15.43.

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

NSE:RESPONIND' s Days Payable Range Over the Past 10 Years
Min: 3.88   Med: 27.71   Max: 54.8
Current: 35.91

During the past 13 years, Responsive Industries's highest Days Payable was 54.80. The lowest was 3.88. And the median was 27.71.

NSE:RESPONIND's Days Payable is ranked worse than
74.15% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs NSE:RESPONIND: 35.91

Responsive Industries's Days Payable declined from Mar. 2025 (34.59) to Mar. 2026 (15.43). It may suggest that Responsive Industries accelerated paying its suppliers.


Responsive Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Responsive Industries'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.

Responsive Industries Days Payable Chart

Responsive Industries 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 32.07 44.18 54.80 48.51 28.47

Responsive Industries 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 34.59 39.93 63.89 54.40 15.43

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

For the Specialty Chemicals subindustry, Responsive Industries'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.


Responsive Industries Days Payable vs Chemicals Industry

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

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


NSE:RESPONIND
81GF Score
Responsive Industries Ltd NSE:RESPONIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Responsive Industries 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.

Responsive Industries'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
=( (964.916 + 574.592) / 2 ) / 9867.203*365
=769.754 / 9867.203*365
=28.47

Responsive Industries'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 + 574.592) / 1 ) / 3397.626*365 / 4
=574.592 / 3397.626*365 / 4
=15.43

* 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 15.43 mean?
Responsive Industries (NSE:RESPONIND) has a Days Payable of 15.43 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 Responsive Industries and its competitors. This is 44% below median its historical median of 27.71. Over the past decade, Responsive Industries' Days Payable has ranged from 3.88 to 54.80. According to the industry distribution chart, Responsive Industries ranks #1150 out of 1551 companies in the Chemicals industry, placing it in the top 74.1%.
Is Responsive Industries' Days Payable too high?
Responsive Industries' current Days Payable of 15.43 is 44% below median its 10-year median of 27.71. Over the past 10 years, this metric has ranged from a low of 3.88 to a high of 54.80. The Chemicals industry median Days Payable is 59.87. Responsive Industries' value of 15.43 is 74.2% below this industry median. Based on the distribution chart, Responsive Industries ranks #1150 out of 1551 companies in the Chemicals industry, which is below the industry midpoint. Overall, Responsive Industries 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 Responsive Industries' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Responsive Industries ranks #1150 out of 1551 companies for Days Payable. This places Responsive Industries in the lower half of its industry. The industry median Days Payable is 59.87. Responsive Industries' value of 15.43 is 74.2% below this benchmark. Historically, Responsive Industries' own Days Payable has ranged from 3.88 to 54.80 over the past decade. While the company's 10-year median is 27.71 vs. the industry median of 59.87, Responsive Industries 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. Responsive Industries's current Days Payable of 15.43 is 74.2% 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 Responsive Industries 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. Responsive Industries's current Days Payable is 15.43, which is 44% below median its own 10-year median of 27.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Responsive Industries stock overvalued right now?
Based on GuruFocus' analysis, Responsive Industries (NSE:RESPONIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹292.03, compared to a current price of ₹203.06 — trading 30.5% below its estimated fair value. The current Days Payable is 15.43, which is 44% below median its 10-year median of 27.71 and 74.2% below the Chemicals industry median of 59.87. Responsive Industries' overall GF Score™ is 81/100 with 7 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 Responsive Industries (NSE:RESPONIND), the current Days Payable is 15.43 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 Responsive Industries (NSE:RESPONIND) Overvalued in 2026?

Based on GuruFocus' analysis, Responsive Industries stock appears to be undervalued. The current stock price of ₹203.06 is trading 30.5% below its estimated GF Value™ of ₹292.03. GuruFocus considers Responsive Industries to be Possible Value Trap.

Key valuation signals for NSE:RESPONIND:

  • Days Payable: 15.43 (44% below median its 10-year median of 27.71)
  • GF Value™: ₹292.03 vs. price of ₹203.06 (30.5% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 74.2% below the Chemicals median (#1150 of 1551)

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


Responsive Industries Business Description

Other Exchanges 505509:India
Address Mahagaon Road, Village Betegaon, Taluka Palghar, Boisar (East), Thane, MH, IND, 401501
Responsive Industries Ltd is a manufacturer and supplier of polyvinyl chloride (PVC)-based products. The Company produces and supplies products, including vinyl flooring, synthetic leather/ ropes, and luxury vinyl tile (LVT-SPC, waterproofing membranes (PVC covers). Geographically, it derives a majority of revenue from India. It serves hospitality, transportation, healthcare, IT and telecom, retail, sports infrastructure, education, and real estate.
81GF Score

Get the complete analysis for NSE:RESPONIND

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

₹203.06
Price
₹292.03
GF Value