Speb AdhesivesNSE:SPEB +2.29%21 Days Payable is 13.90 as of Mar. 2026, which is 36% above its 10-year median of 10.25. GuruFocus rates NSE:SPEB with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,556 Chemicals companies, Speb Adhesives ranks worse than 95.5% on this metric.
The historical rank and industry rank for Speb Adhesives's Days Payable or its related term are showing as below:
NSE:SPEB'
s Days Payable Range Over the Past 10 Years
Min: 9.52 Med: 10.25 Max: 13.91
Current: 12.87
During the past 5 years, Speb Adhesives's highest Days Payable was 13.91. The lowest was 9.52. And the median was 10.25.
NSE:SPEB's Days Payable is ranked worse than 95.5% of 1556
companies
in the Chemicals industry
Industry Median: 59.915
vs NSE:SPEB: 12.87
Speb Adhesives's Days Payable
increased
from Mar. 2025 (10.20) to Mar. 2026 (13.90).
It may suggest that Speb Adhesivesdelayed paying its suppliers.
Speb Adhesives Days Payable Related Terms
Speb Adhesives Days Payable Historical Data
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The historical data trend for Speb Adhesives'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.
NSE:SPEB vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Speb Adhesives'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.
Speb Adhesives Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Speb Adhesives's Days Payable distribution charts can be found below:
* The bar in red indicates where Speb Adhesives'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.
Speb Adhesives'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.
Speb Adhesives (NSE:SPEB) has a Days Payable of 13.90 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 Speb Adhesives and its competitors. This is 36% above median its historical median of 10.25. Over the past decade, Speb Adhesives' Days Payable has ranged from 9.52 to 13.91. According to the industry distribution chart, Speb Adhesives ranks #1486 out of 1556 companies in the Chemicals industry, placing it in the top 95.5%.
Is Speb Adhesives' Days Payable too high?
Speb Adhesives' current Days Payable of 13.90 is 36% above median its 10-year median of 10.25. Over the past 10 years, this metric has ranged from a low of 9.52 to a high of 13.91. The Chemicals industry median Days Payable is 59.92. Speb Adhesives' value of 13.90 is 76.8% below this industry median. Based on the distribution chart, Speb Adhesives ranks #1486 out of 1556 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Speb Adhesives has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Speb Adhesives ranks #1486 out of 1556 companies for Days Payable. This places Speb Adhesives in the lower half of its industry. The industry median Days Payable is 59.92. Speb Adhesives' value of 13.90 is 76.8% below this benchmark. Historically, Speb Adhesives' own Days Payable has ranged from 9.52 to 13.91 over the past decade. While the company's 10-year median is 10.25 vs. the industry median of 59.92, Speb Adhesives 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 59.92, based on 1,556 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. Speb Adhesives's current Days Payable of 13.90 is 76.8% 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 Speb Adhesives and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speb Adhesives's current Days Payable is 13.90, which is 36% above median its own 10-year median of 10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current Days Payable of 13.90. The current Days Payable is 13.90, which is 36% above median its 10-year median of 10.25 and 76.8% below the Chemicals industry median of 59.92. Speb Adhesives' overall GF Score™ is 21/100 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 Speb Adhesives (NSE:SPEB), the current Days Payable is 13.90 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.
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
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