Sanstar (NSE:SANSTAR) Days Payable: 18.78 (As of Mar. 2026) — 29% Above Median


NSE:SANSTAR Sanstar Ltd NSE:SANSTAR
39 GF Score
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! 8 Warning Signs
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What is Sanstar Days Payable?

Sanstar NSE:SANSTAR +0.38% 39 Days Payable is 18.78 as of Mar. 2026, which is 29% above its 10-year median of 14.52. GuruFocus rates NSE:SANSTAR with a GF Score™ of 39/100. The stock has 8 warning signs investors should review. Among 1,555 Chemicals companies, Sanstar ranks worse than 91% on this metric.

Sanstar's average Accounts Payable for the three months ended in Mar. 2026 was ₹293 Mil. Sanstar's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,423 Mil. Hence, Sanstar's Days Payable for the three months ended in Mar. 2026 was 18.78.

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

NSE:SANSTAR' s Days Payable Range Over the Past 10 Years
Min: 8.02   Med: 14.52   Max: 29.39
Current: 19.71

During the past 6 years, Sanstar's highest Days Payable was 29.39. The lowest was 8.02. And the median was 14.52.

NSE:SANSTAR's Days Payable is ranked worse than
91% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs NSE:SANSTAR: 19.71

Sanstar's Days Payable increased from Mar. 2025 (9.28) to Mar. 2026 (18.78). It may suggest that Sanstar delayed paying its suppliers.


Sanstar Days Payable Historical Data

* Premium members only.

The historical data trend for Sanstar'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.

Sanstar Days Payable Chart

Sanstar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 11.34 8.02 24.63 29.39 15.81

Sanstar Quarterly Data
Mar21 Mar22 Mar23 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 9.28 129.52 13.95 15.87 18.78

NSE:SANSTAR vs DOW: Days Payable Comparison

For the Chemicals subindustry, Sanstar'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.


Sanstar Days Payable vs Chemicals Industry

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

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


NSE:SANSTAR
39GF Score
Sanstar Ltd NSE:SANSTAR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanstar 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.

Sanstar'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
=( (182.39 + 292.8) / 2 ) / 5484.3*365
=237.595 / 5484.3*365
=15.81

Sanstar'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 + 292.8) / 1 ) / 1422.9*365 / 4
=292.8 / 1422.9*365 / 4
=18.78

* 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 18.78 mean?
Sanstar (NSE:SANSTAR) has a Days Payable of 18.78 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 Sanstar and its competitors. This is 29% above median its historical median of 14.52. Over the past decade, Sanstar's Days Payable has ranged from 8.02 to 29.39. According to the industry distribution chart, Sanstar ranks #1415 out of 1555 companies in the Chemicals industry, placing it in the top 91%.
Is Sanstar's Days Payable too high?
Sanstar's current Days Payable of 18.78 is 29% above median its 10-year median of 14.52. Over the past 10 years, this metric has ranged from a low of 8.02 to a high of 29.39. The Chemicals industry median Days Payable is 59.95. Sanstar's value of 18.78 is 68.7% below this industry median. Based on the distribution chart, Sanstar ranks #1415 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sanstar has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Sanstar's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Sanstar ranks #1415 out of 1555 companies for Days Payable. This places Sanstar in the lower half of its industry. The industry median Days Payable is 59.95. Sanstar's value of 18.78 is 68.7% below this benchmark. Historically, Sanstar's own Days Payable has ranged from 8.02 to 29.39 over the past decade. While the company's 10-year median is 14.52 vs. the industry median of 59.95, Sanstar 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 59.95, based on 1,555 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. Sanstar's current Days Payable of 18.78 is 68.7% 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 Sanstar and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanstar's current Days Payable is 18.78, which is 29% above median its own 10-year median of 14.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanstar stock overvalued right now?
Sanstar (NSE:SANSTAR) has a current Days Payable of 18.78. The current Days Payable is 18.78, which is 29% above median its 10-year median of 14.52 and 68.7% below the Chemicals industry median of 59.95. Sanstar's overall GF Score™ is 39/100 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 Sanstar (NSE:SANSTAR), the current Days Payable is 18.78 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.

Sanstar Business Description

Other Exchanges 544217:India
Address Mahalaxmi Char Rasta, Near Parimal Under Bridge, Sanstar House, Opposite Suvidha Shopping Centre, Paldi, Ahmedabad, GJ, IND, 380007
Sanstar Ltd is a manufacturer of plant-based products and ingredient solutions in India for food, animal nutrition, and other industrial applications. Its products include liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches, and co-products like germs, gluten, fiber, and enriched protein, amongst others. The company operates in one business segment i.e. Corn Wet Milling comprising mainly the manufacture of starches, its derivatives, and by-product. Key revenue is generated from India.
39GF Score

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