Sirca Paints India (NSE:SIRCA) Days Payable: 66.39 (As of Mar. 2026) — Near Median

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NSE:SIRCA Sirca Paints India Ltd NSE:SIRCA
95 GF Score
Price ₹391.00
GF Value ₹572.58
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Sirca Paints India Days Payable?

Sirca Paints India NSE:SIRCA -0.60% 95 Days Payable is 66.39 as of Mar. 2026, which is 2% below its 10-year median of 67.53. GuruFocus rates NSE:SIRCA with a GF Score™ of 95/100 and a GF Value™ of ₹572.58 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,554 Chemicals companies, Sirca Paints India ranks better than 51.93% on this metric.

Sirca Paints India's average Accounts Payable for the three months ended in Mar. 2026 was ₹539 Mil. Sirca Paints India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹741 Mil. Hence, Sirca Paints India's Days Payable for the three months ended in Mar. 2026 was 66.39.

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

NSE:SIRCA' s Days Payable Range Over the Past 10 Years
Min: 56.89   Med: 67.53   Max: 112.06
Current: 61.7

During the past 13 years, Sirca Paints India's highest Days Payable was 112.06. The lowest was 56.89. And the median was 67.53.

NSE:SIRCA's Days Payable is ranked better than
51.93% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs NSE:SIRCA: 61.70

Sirca Paints India's Days Payable declined from Mar. 2025 (68.81) to Mar. 2026 (66.39). It may suggest that Sirca Paints India accelerated paying its suppliers.


Sirca Paints India Days Payable Historical Data

* Premium members only.

The historical data trend for Sirca Paints India'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.

Sirca Paints India Days Payable Chart

Sirca Paints India 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 97.15 79.28 69.86 65.20 63.38

Sirca Paints India 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 68.81 56.29 56.33 65.09 66.39

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

For the Specialty Chemicals subindustry, Sirca Paints India'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.


Sirca Paints India Days Payable vs Chemicals Industry

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

* The bar in red indicates where Sirca Paints India's Days Payable falls into.


NSE:SIRCA
95GF Score
Sirca Paints India Ltd NSE:SIRCA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sirca Paints India 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.

Sirca Paints India'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
=( (387.398 + 538.854) / 2 ) / 2667.094*365
=463.126 / 2667.094*365
=63.38

Sirca Paints India'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 + 538.854) / 1 ) / 740.58*365 / 4
=538.854 / 740.58*365 / 4
=66.39

* 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 66.39 mean?
Sirca Paints India (NSE:SIRCA) has a Days Payable of 66.39 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 Sirca Paints India and its competitors. This is near median its historical median of 67.53. Over the past decade, Sirca Paints India's Days Payable has ranged from 56.89 to 112.06. According to the industry distribution chart, Sirca Paints India ranks #747 out of 1554 companies in the Chemicals industry, placing it in the top 48.1%.
Is Sirca Paints India's Days Payable too high?
Sirca Paints India's current Days Payable of 66.39 is near median its 10-year median of 67.53. Over the past 10 years, this metric has ranged from a low of 56.89 to a high of 112.06. The Chemicals industry median Days Payable is 59.57. Sirca Paints India's value of 66.39 is 11.5% above this industry median. Based on the distribution chart, Sirca Paints India ranks #747 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Sirca Paints India has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sirca Paints India's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sirca Paints India ranks #747 out of 1554 companies for Days Payable. This puts Sirca Paints India in the upper half of its industry. The industry median Days Payable is 59.57. Sirca Paints India's value of 66.39 is 11.5% above this benchmark. Historically, Sirca Paints India's own Days Payable has ranged from 56.89 to 112.06 over the past decade. While the company's 10-year median is 67.53 vs. the industry median of 59.57, Sirca Paints India 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 59.57, 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. Sirca Paints India's current Days Payable of 66.39 is 11.5% 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 Sirca Paints India and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirca Paints India's current Days Payable is 66.39, which is near median its own 10-year median of 67.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirca Paints India stock overvalued right now?
Based on GuruFocus' analysis, Sirca Paints India (NSE:SIRCA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹572.58, compared to a current price of ₹391.00 — trading 31.7% below its estimated fair value. The current Days Payable is 66.39, which is near median its 10-year median of 67.53 and 11.5% above the Chemicals industry median of 59.57. Sirca Paints India's overall GF Score™ is 95/100 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 Sirca Paints India (NSE:SIRCA), the current Days Payable is 66.39 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 Sirca Paints India (NSE:SIRCA) Overvalued in 2026?

Based on GuruFocus' analysis, Sirca Paints India stock appears to be undervalued. The current stock price of ₹391.00 is trading 31.7% below its estimated GF Value™ of ₹572.58. GuruFocus considers Sirca Paints India to be Significantly Undervalued.

Key valuation signals for NSE:SIRCA:

  • Days Payable: 66.39 (near median its 10-year median of 67.53)
  • GF Value™: ₹572.58 vs. price of ₹391.00 (31.7% below fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 11.5% above the Chemicals median (#747 of 1554)

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


Sirca Paints India Business Description

Other Exchanges 543686:India
Address G-82, Kirti Nagar, New Delhi, IND, 110015
Sirca Paints India Ltd is mainly engaged in the business of importing and distributing wood, glass, and metal coatings in India. The company has also started its production of wall paints, melamine products, N.C products, and economical P.U. products in technical collaboration with Sirca S.P.A., Italy. Its product range includes all PU products, stains, special effects, acrylic PU, polyester, wall paints, UV products, etc., which are sold under brands like Wembley, Oikos, Unico, and Sirca. The company currently operates in only one reportable business segment, Wood Coating Products.
95GF Score

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

₹391.00
Price
₹572.58
GF Value