Shrenik (NSE:SHRENIK) Days Payable: 582.08 (As of Dec. 2025) — 905% Above Median

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NSE:SHRENIK Shrenik Ltd NSE:SHRENIK
35 GF Score
Price ₹0.33
GF Value ₹0.70
Valuation Possible Value Trap
! 6 Warning Signs
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What is Shrenik Days Payable?

Shrenik NSE:SHRENIK -2.94% 35 Days Payable is 582.08 as of Dec. 2025, which is 905% above its 10-year median of 57.94. GuruFocus rates NSE:SHRENIK with a GF Score™ of 35/100 and a GF Value™ of ₹0.70 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 275 Forest Products companies, Shrenik ranks better than 97.45% on this metric.

Shrenik's average Accounts Payable for the three months ended in Dec. 2025 was ₹514.3 Mil. Shrenik's Cost of Goods Sold for the three months ended in Dec. 2025 was ₹80.6 Mil. Hence, Shrenik's Days Payable for the three months ended in Dec. 2025 was 582.08.

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

NSE:SHRENIK' s Days Payable Range Over the Past 10 Years
Min: 11.08   Med: 57.94   Max: 1024
Current: 668

During the past 13 years, Shrenik's highest Days Payable was 1024.00. The lowest was 11.08. And the median was 57.94.

NSE:SHRENIK's Days Payable is ranked better than
97.45% of 275 companies
in the Forest Products industry
Industry Median: 56.46 vs NSE:SHRENIK: 668.00

Shrenik's Days Payable increased from Dec. 2024 (0.00) to Dec. 2025 (582.08). It may suggest that Shrenik delayed paying its suppliers.


Shrenik Days Payable Historical Data

* Premium members only.

The historical data trend for Shrenik'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.

Shrenik Days Payable Chart

Shrenik Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.23 598.05 205.45 128.99 1,024.00

Shrenik Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 986.57 732.36 533.86 582.08

Shrenik Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Shrenik'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.


Shrenik Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shrenik's Days Payable distribution charts can be found below:

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


NSE:SHRENIK
35GF Score
Shrenik Ltd NSE:SHRENIK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shrenik 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.

Shrenik'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
=( (499.198 + 499.426) / 2 ) / 177.977*365
=499.312 / 177.977*365
=1,024.00

Shrenik's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (514.346 + 0) / 1 ) / 80.631*365 / 4
=514.346 / 80.631*365 / 4
=582.08

* 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 582.08 mean?
Shrenik (NSE:SHRENIK) has a Days Payable of 582.08 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shrenik and its competitors. This is 905% above median its historical median of 57.94. Over the past decade, Shrenik's Days Payable has ranged from 11.08 to 1,024.00. According to the industry distribution chart, Shrenik ranks #7 out of 275 companies in the Forest Products industry, placing it in the top 2.5%.
Is Shrenik's Days Payable too high?
Shrenik's current Days Payable of 582.08 is 905% above median its 10-year median of 57.94. Over the past 10 years, this metric has ranged from a low of 11.08 to a high of 1,024.00. The Forest Products industry median Days Payable is 56.46. Shrenik's value of 582.08 is 931% above this industry median. Based on the distribution chart, Shrenik ranks #7 out of 275 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shrenik has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shrenik's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Shrenik ranks #7 out of 275 companies for Days Payable. This places Shrenik in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.46. Shrenik's value of 582.08 is 931% above this benchmark. Historically, Shrenik's own Days Payable has ranged from 11.08 to 1,024.00 over the past decade. While the company's 10-year median is 57.94 vs. the industry median of 56.46, Shrenik 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.46, based on 275 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. Shrenik's current Days Payable of 582.08 is 931% 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 Shrenik and its competitors. For the Forest Products industry, the median Days Payable is 56.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shrenik's current Days Payable is 582.08, which is 905% above median its own 10-year median of 57.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shrenik stock overvalued right now?
Based on GuruFocus' analysis, Shrenik (NSE:SHRENIK) is currently considered Possible Value Trap. The stock's GF Value™ is ₹0.70, compared to a current price of ₹0.33 — trading 52.9% below its estimated fair value. The current Days Payable is 582.08, which is 905% above median its 10-year median of 57.94 and 931% above the Forest Products industry median of 56.46. Shrenik's overall GF Score™ is 35/100 with 6 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 Shrenik (NSE:SHRENIK), the current Days Payable is 582.08 as of Dec. 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.

Is Shrenik (NSE:SHRENIK) Overvalued in 2026?

Based on GuruFocus' analysis, Shrenik stock appears to be undervalued. The current stock price of ₹0.33 is trading 52.9% below its estimated GF Value™ of ₹0.70. GuruFocus considers Shrenik to be Possible Value Trap.

Key valuation signals for NSE:SHRENIK:

  • Days Payable: 582.08 (905% above median its 10-year median of 57.94)
  • GF Value™: ₹0.70 vs. price of ₹0.33 (52.9% below fair value)
  • GF Score™: 35/100 with 6 warning signs
  • Industry Position: 931% above the Forest Products median (#7 of 275)

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


Shrenik Business Description

Address S.G. HIGHWAY, B-1710, WEST GATE, Near YMCA CLUB, MAKARBA, S A C, Ahmedabad, GJ, IND, 380015
Shrenik Ltd is involved in the trading and processing of all kinds of Paper, Pulp, Paper Boards, etc. Geographically, its business activities are carried out in India. The company holds command over the following products: Writing and Printing Paper, Coated Paper, Hi bright Paper, Copier Paper, Folding Box Board, and Duplex Board.
35GF Score

Get the complete analysis for NSE:SHRENIK

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

₹0.33
Price
₹0.70
GF Value