Shaily Engineering Plastics (NSE:SHAILY) Days Payable: 80.74 (As of Mar. 2026) — 28% 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:SHAILY Shaily Engineering Plastics Ltd NSE:SHAILY
84 GF Score
Price ₹2,760.60
GF Value ₹1,696.30
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Shaily Engineering Plastics Days Payable?

Shaily Engineering Plastics NSE:SHAILY +1.76% 84 Days Payable is 80.74 as of Mar. 2026, which is 28% above its 10-year median of 62.89. GuruFocus rates NSE:SHAILY with a GF Score™ of 84/100 and a GF Value™ of ₹1,696.30 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,554 Chemicals companies, Shaily Engineering Plastics ranks better than 67.12% on this metric.

Shaily Engineering Plastics's average Accounts Payable for the three months ended in Mar. 2026 was ₹859 Mil. Shaily Engineering Plastics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹971 Mil. Hence, Shaily Engineering Plastics's Days Payable for the three months ended in Mar. 2026 was 80.74.

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

NSE:SHAILY' s Days Payable Range Over the Past 10 Years
Min: 46.22   Med: 62.89   Max: 80.52
Current: 80.52

During the past 13 years, Shaily Engineering Plastics's highest Days Payable was 80.52. The lowest was 46.22. And the median was 62.89.

NSE:SHAILY's Days Payable is ranked better than
67.12% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs NSE:SHAILY: 80.52

Shaily Engineering Plastics's Days Payable declined from Mar. 2025 (85.91) to Mar. 2026 (80.74). It may suggest that Shaily Engineering Plastics accelerated paying its suppliers.


Shaily Engineering Plastics Days Payable Historical Data

* Premium members only.

The historical data trend for Shaily Engineering Plastics'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.

Shaily Engineering Plastics Days Payable Chart

Shaily Engineering Plastics 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 63.02 62.75 56.24 73.60 79.18

Shaily Engineering Plastics 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 85.91 75.00 84.84 85.13 80.74

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

For the Specialty Chemicals subindustry, Shaily Engineering Plastics'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.


Shaily Engineering Plastics Days Payable vs Chemicals Industry

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

* The bar in red indicates where Shaily Engineering Plastics's Days Payable falls into.


NSE:SHAILY
84GF Score
Shaily Engineering Plastics Ltd NSE:SHAILY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shaily Engineering Plastics 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.

Shaily Engineering Plastics'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
=( (990.322 + 858.717) / 2 ) / 4261.845*365
=924.5195 / 4261.845*365
=79.18

Shaily Engineering Plastics'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 + 858.717) / 1 ) / 970.504*365 / 4
=858.717 / 970.504*365 / 4
=80.74

* 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 80.74 mean?
Shaily Engineering Plastics (NSE:SHAILY) has a Days Payable of 80.74 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 Shaily Engineering Plastics and its competitors. This is 28% above median its historical median of 62.89. Over the past decade, Shaily Engineering Plastics' Days Payable has ranged from 46.22 to 80.52. According to the industry distribution chart, Shaily Engineering Plastics ranks #511 out of 1554 companies in the Chemicals industry, placing it in the top 32.9%.
Is Shaily Engineering Plastics' Days Payable too high?
Shaily Engineering Plastics' current Days Payable of 80.74 is 28% above median its 10-year median of 62.89. Over the past 10 years, this metric has ranged from a low of 46.22 to a high of 80.52. The Chemicals industry median Days Payable is 59.88. Shaily Engineering Plastics' value of 80.74 is 34.8% above this industry median. Based on the distribution chart, Shaily Engineering Plastics ranks #511 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shaily Engineering Plastics has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shaily Engineering Plastics' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shaily Engineering Plastics ranks #511 out of 1554 companies for Days Payable. This puts Shaily Engineering Plastics in the upper half of its industry. The industry median Days Payable is 59.88. Shaily Engineering Plastics' value of 80.74 is 34.8% above this benchmark. Historically, Shaily Engineering Plastics' own Days Payable has ranged from 46.22 to 80.52 over the past decade. While the company's 10-year median is 62.89 vs. the industry median of 59.88, Shaily Engineering Plastics 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 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. Shaily Engineering Plastics's current Days Payable of 80.74 is 34.8% 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 Shaily Engineering Plastics 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. Shaily Engineering Plastics's current Days Payable is 80.74, which is 28% above median its own 10-year median of 62.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaily Engineering Plastics stock overvalued right now?
Based on GuruFocus' analysis, Shaily Engineering Plastics (NSE:SHAILY) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,696.30, compared to a current price of ₹2,760.60 — trading 62.7% above its estimated fair value. The current Days Payable is 80.74, which is 28% above median its 10-year median of 62.89 and 34.8% above the Chemicals industry median of 59.88. Shaily Engineering Plastics' overall GF Score™ is 84/100 with 4 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 Shaily Engineering Plastics (NSE:SHAILY), the current Days Payable is 80.74 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 Shaily Engineering Plastics (NSE:SHAILY) Overvalued in 2026?

Based on GuruFocus' analysis, Shaily Engineering Plastics stock appears to be overvalued. The current stock price of ₹2,760.60 is trading 62.7% above its estimated GF Value™ of ₹1,696.30. GuruFocus considers Shaily Engineering Plastics to be Significantly Overvalued.

Key valuation signals for NSE:SHAILY:

  • Days Payable: 80.74 (28% above median its 10-year median of 62.89)
  • GF Value™: ₹1,696.30 vs. price of ₹2,760.60 (62.7% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 34.8% above the Chemicals median (#511 of 1554)

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


Shaily Engineering Plastics Business Description

Other Exchanges 501423:India
Address Survey No. 364/366, At & Post Rania, Taluka Savli, Vadodara, GJ, IND, 391 780
Shaily Engineering Plastics Ltd is engaged in the manufacture and sale of injection molded precision plastic components, sub-assemblies, and other related services. Geographically, it derives a majority of revenue from Outside India. Its business units consist of Healthcare, Personal Care, Consumer, and Automotive Engineering Plastics.
84GF Score

Get the complete analysis for NSE:SHAILY

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

₹2,760.60
Price
₹1,696.30
GF Value