S H KelkarNSE:SHK +1.84%77 Days Payable is 76.93 as of Mar. 2026, which is 22% below its 10-year median of 98.74. GuruFocus rates NSE:SHK with a GF Score™ of 77/100 and a GF Value™ of ₹239.12 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,555 Chemicals companies, S H Kelkar ranks better than 76.01% on this metric.
S H Kelkar's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹3,314 Mil. S H Kelkar's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹3,931 Mil.
Hence, S H Kelkar's Days Payable for the
three
months ended in Mar. 2026 was 76.93.
The historical rank and industry rank for S H Kelkar's Days Payable or its related term are showing as below:
NSE:SHK'
s Days Payable Range Over the Past 10 Years
Min: 85.41 Med: 98.74 Max: 129.32
Current: 100.7
During the past 12 years, S H Kelkar's highest Days Payable was 129.32. The lowest was 85.41. And the median was 98.74.
NSE:SHK's Days Payable is ranked better than 76.01% of 1555
companies
in the Chemicals industry
Industry Median: 59.95
vs NSE:SHK: 100.70
S H Kelkar's Days Payable
declined
from Mar. 2025 (110.46) to Mar. 2026 (76.93).
It may suggest that S H Kelkaraccelerated paying its suppliers.
S H Kelkar Days Payable Related Terms
S H Kelkar Days Payable Historical Data
* Premium members only.
The historical data trend for S H Kelkar'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.
For the Specialty Chemicals subindustry, S H Kelkar'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.
S H Kelkar Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, S H Kelkar's Days Payable distribution charts can be found below:
* The bar in red indicates where S H Kelkar's Days Payable falls into.
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.
S H Kelkar's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
S H Kelkar (NSE:SHK) has a Days Payable of 76.93 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 S H Kelkar and its competitors. This is 22% below median its historical median of 98.74. Over the past decade, S H Kelkar's Days Payable has ranged from 85.41 to 129.32. According to the industry distribution chart, S H Kelkar ranks #373 out of 1555 companies in the Chemicals industry, placing it in the top 24%.
Is S H Kelkar's Days Payable too high?
S H Kelkar's current Days Payable of 76.93 is 22% below median its 10-year median of 98.74. Over the past 10 years, this metric has ranged from a low of 85.41 to a high of 129.32. The Chemicals industry median Days Payable is 59.95. S H Kelkar's value of 76.93 is 28.3% above this industry median. Based on the distribution chart, S H Kelkar ranks #373 out of 1555 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, S H Kelkar has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does S H Kelkar's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, S H Kelkar ranks #373 out of 1555 companies for Days Payable. This places S H Kelkar in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.95. S H Kelkar's value of 76.93 is 28.3% above this benchmark. Historically, S H Kelkar's own Days Payable has ranged from 85.41 to 129.32 over the past decade. While the company's 10-year median is 98.74 vs. the industry median of 59.95, S H Kelkar 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 59.95, 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. S H Kelkar's current Days Payable of 76.93 is 28.3% 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 S H Kelkar 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. S H Kelkar's current Days Payable is 76.93, which is 22% below median its own 10-year median of 98.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S H Kelkar stock overvalued right now?
Based on GuruFocus' analysis, S H Kelkar (NSE:SHK) is currently considered Possible Value Trap. The stock's GF Value™ is ₹239.12, compared to a current price of ₹132.38 — trading 44.6% below its estimated fair value. The current Days Payable is 76.93, which is 22% below median its 10-year median of 98.74 and 28.3% above the Chemicals industry median of 59.95. S H Kelkar's overall GF Score™ is 77/100 with 3 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 S H Kelkar (NSE:SHK), the current Days Payable is 76.93 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 S H Kelkar (NSE:SHK) Overvalued in 2026?
Based on GuruFocus' analysis, S H Kelkar stock appears to be undervalued.
The current stock price of ₹132.38 is trading 44.6% below its estimated GF Value™ of ₹239.12.
GuruFocus considers S H Kelkar to be Possible Value Trap.
Key valuation signals for NSE:SHK:
Days Payable: 76.93 (22% below median its 10-year median of 98.74)
GF Value™: ₹239.12 vs. price of ₹132.38 (44.6% below fair value)
Industry Position: 28.3% above the Chemicals median (#373 of 1555)
No single metric tells the full story. See the NSE:SHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S H Kelkar & Co Ltd is an Indian manufacturer of personal care products. The company's operating segment includes Fragrances and Flavours. Fragrances segment manufactures and trade in Fragrances and aroma ingredients for Fragrances. It generates maximum revenue from the Fragrances segment. Geographically, it derives a majority of revenue from India. The company's fragrances portfolio includes personal care, hair care, skincare and cosmetics, fabric care, household products, and fine fragrances. Its flavours portfolio includes bakery, beverages, confectionery, dairy, savoury and others.
77GF Score
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