Siddhika Coatings (NSE:SIDDHIKA) Days Payable: 12.65 (As of Mar. 2026) — 43% Above Median

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NSE:SIDDHIKA Siddhika Coatings Ltd NSE:SIDDHIKA
96 GF Score
Price ₹230.00
GF Value ₹234.19
Valuation Fairly Valued
! 1 Warning Sign
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What is Siddhika Coatings Days Payable?

Siddhika Coatings NSE:SIDDHIKA +2.22% 96 Days Payable is 12.65 as of Mar. 2026, which is 43% above its 10-year median of 8.83. GuruFocus rates NSE:SIDDHIKA with a GF Score™ of 96/100 and a GF Value™ of ₹234.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,566 Chemicals companies, Siddhika Coatings ranks worse than 96.17% on this metric.

Siddhika Coatings's average Accounts Payable for the six months ended in Mar. 2026 was ₹9.0 Mil. Siddhika Coatings's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹129.9 Mil. Hence, Siddhika Coatings's Days Payable for the six months ended in Mar. 2026 was 12.65.

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

NSE:SIDDHIKA' s Days Payable Range Over the Past 10 Years
Min: 5.47   Med: 8.83   Max: 28.18
Current: 10.33

During the past 9 years, Siddhika Coatings's highest Days Payable was 28.18. The lowest was 5.47. And the median was 8.83.

NSE:SIDDHIKA's Days Payable is ranked worse than
96.17% of 1566 companies
in the Chemicals industry
Industry Median: 59.26 vs NSE:SIDDHIKA: 10.33

Siddhika Coatings's Days Payable increased from Mar. 2025 (10.85) to Mar. 2026 (12.65). It may suggest that Siddhika Coatings delayed paying its suppliers.


Siddhika Coatings Days Payable Historical Data

* Premium members only.

The historical data trend for Siddhika Coatings'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.

Siddhika Coatings Days Payable Chart

Siddhika Coatings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only 6.57 7.56 10.83 8.83 12.48

Siddhika Coatings Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 10.73 11.85 10.85 6.19 12.65

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

For the Specialty Chemicals subindustry, Siddhika Coatings'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.


Siddhika Coatings Days Payable vs Chemicals Industry

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

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


NSE:SIDDHIKA
96GF Score
Siddhika Coatings Ltd NSE:SIDDHIKA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Siddhika Coatings 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.

Siddhika Coatings'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
=( (5.246 + 13.49) / 2 ) / 273.904*365
=9.368 / 273.904*365
=12.48

Siddhika Coatings'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4.528 + 13.49) / 2 ) / 129.936*365 / 2
=9.009 / 129.936*365 / 2
=12.65

* 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 12.65 mean?
Siddhika Coatings (NSE:SIDDHIKA) has a Days Payable of 12.65 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 Siddhika Coatings and its competitors. This is 43% above median its historical median of 8.83. Over the past decade, Siddhika Coatings' Days Payable has ranged from 5.47 to 28.18. According to the industry distribution chart, Siddhika Coatings ranks #1506 out of 1566 companies in the Chemicals industry, placing it in the top 96.2%.
Is Siddhika Coatings' Days Payable too high?
Siddhika Coatings' current Days Payable of 12.65 is 43% above median its 10-year median of 8.83. Over the past 10 years, this metric has ranged from a low of 5.47 to a high of 28.18. The Chemicals industry median Days Payable is 59.26. Siddhika Coatings' value of 12.65 is 78.7% below this industry median. Based on the distribution chart, Siddhika Coatings ranks #1506 out of 1566 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Siddhika Coatings has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siddhika Coatings' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Siddhika Coatings ranks #1506 out of 1566 companies for Days Payable. This places Siddhika Coatings in the lower half of its industry. The industry median Days Payable is 59.26. Siddhika Coatings' value of 12.65 is 78.7% below this benchmark. Historically, Siddhika Coatings' own Days Payable has ranged from 5.47 to 28.18 over the past decade. While the company's 10-year median is 8.83 vs. the industry median of 59.26, Siddhika Coatings 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 59.26, based on 1,566 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. Siddhika Coatings's current Days Payable of 12.65 is 78.7% 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 Siddhika Coatings and its competitors. For the Chemicals industry, the median Days Payable is 59.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siddhika Coatings's current Days Payable is 12.65, which is 43% above median its own 10-year median of 8.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siddhika Coatings stock overvalued right now?
Based on GuruFocus' analysis, Siddhika Coatings (NSE:SIDDHIKA) is currently considered Fairly Valued. The stock's GF Value™ is ₹234.19, compared to a current price of ₹230.00 — trading 1.8% below its estimated fair value. The current Days Payable is 12.65, which is 43% above median its 10-year median of 8.83 and 78.7% below the Chemicals industry median of 59.26. Siddhika Coatings' overall GF Score™ is 96/100 with 1 warning sign 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 Siddhika Coatings (NSE:SIDDHIKA), the current Days Payable is 12.65 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 Siddhika Coatings (NSE:SIDDHIKA) Overvalued in 2026?

Based on GuruFocus' analysis, Siddhika Coatings stock appears to be undervalued. The current stock price of ₹230.00 is trading 1.8% below its estimated GF Value™ of ₹234.19. GuruFocus considers Siddhika Coatings to be Fairly Valued.

Key valuation signals for NSE:SIDDHIKA:

  • Days Payable: 12.65 (43% above median its 10-year median of 8.83)
  • GF Value™: ₹234.19 vs. price of ₹230.00 (1.8% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 78.7% below the Chemicals median (#1506 of 1566)

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


Siddhika Coatings Business Description

Address L-9, Lower Ground Floor Kalkaj, South Delhi, New Delhi, IND, 110019
Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. Its segments are paint contracting and selling of paint and allied products. The company derives revenue from Paint contracts and sale of paint and allied products.
96GF Score

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

₹230.00
Price
₹234.19
GF Value