Star Cement (NSE:STARCEMENT) Days Payable: 71.23 (As of Mar. 2026) — 15% Below Median


NSE:STARCEMENT Star Cement Ltd NSE:STARCEMENT
88 GF Score
Price ₹207.72
GF Value ₹267.17
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Star Cement Days Payable?

Star Cement NSE:STARCEMENT -0.39% 88 Days Payable is 71.23 as of Mar. 2026, which is 15% below its 10-year median of 83.59. GuruFocus rates NSE:STARCEMENT with a GF Score™ of 88/100 and a GF Value™ of ₹267.17 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 394 Building Materials companies, Star Cement ranks better than 58.38% on this metric.

Star Cement's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,572 Mil. Star Cement's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,295 Mil. Hence, Star Cement's Days Payable for the three months ended in Mar. 2026 was 71.23.

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

NSE:STARCEMENT' s Days Payable Range Over the Past 10 Years
Min: 48.89   Med: 83.59   Max: 100.18
Current: 84.43

During the past 11 years, Star Cement's highest Days Payable was 100.18. The lowest was 48.89. And the median was 83.59.

NSE:STARCEMENT's Days Payable is ranked better than
58.38% of 394 companies
in the Building Materials industry
Industry Median: 69.885 vs NSE:STARCEMENT: 84.43

Star Cement's Days Payable declined from Mar. 2025 (81.10) to Mar. 2026 (71.23). It may suggest that Star Cement accelerated paying its suppliers.


Star Cement Days Payable Historical Data

* Premium members only.

The historical data trend for Star Cement'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.

Star Cement Days Payable Chart

Star Cement 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 58.61 100.18 87.21 84.78 89.05

Star Cement 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 81.10 90.83 89.70 80.72 71.23

NSE:STARCEMENT vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Star Cement'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.


Star Cement Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Star Cement's Days Payable distribution charts can be found below:

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


NSE:STARCEMENT
88GF Score
Star Cement Ltd NSE:STARCEMENT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Star Cement 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.

Star Cement'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
=( (2571.017 + 2572.076) / 2 ) / 10539.833*365
=2571.5465 / 10539.833*365
=89.05

Star Cement'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 + 2572.076) / 1 ) / 3294.825*365 / 4
=2572.076 / 3294.825*365 / 4
=71.23

* 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 71.23 mean?
Star Cement (NSE:STARCEMENT) has a Days Payable of 71.23 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 Star Cement and its competitors. This is 15% below median its historical median of 83.59. Over the past decade, Star Cement's Days Payable has ranged from 48.89 to 100.18. According to the industry distribution chart, Star Cement ranks #164 out of 394 companies in the Building Materials industry, placing it in the top 41.6%.
Is Star Cement's Days Payable too high?
Star Cement's current Days Payable of 71.23 is 15% below median its 10-year median of 83.59. Over the past 10 years, this metric has ranged from a low of 48.89 to a high of 100.18. The Building Materials industry median Days Payable is 69.89. Star Cement's value of 71.23 is 1.9% above this industry median. Based on the distribution chart, Star Cement ranks #164 out of 394 companies in the Building Materials industry, which is above the industry midpoint. Overall, Star Cement has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Cement's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Star Cement ranks #164 out of 394 companies for Days Payable. This puts Star Cement in the upper half of its industry. The industry median Days Payable is 69.89. Star Cement's value of 71.23 is 1.9% above this benchmark. Historically, Star Cement's own Days Payable has ranged from 48.89 to 100.18 over the past decade. While the company's 10-year median is 83.59 vs. the industry median of 69.89, Star Cement 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.89, based on 394 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. Star Cement's current Days Payable of 71.23 is 1.9% 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 Star Cement and its competitors. For the Building Materials industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Cement's current Days Payable is 71.23, which is 15% below median its own 10-year median of 83.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Cement stock overvalued right now?
Based on GuruFocus' analysis, Star Cement (NSE:STARCEMENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹267.17, compared to a current price of ₹207.72 — trading 22.3% below its estimated fair value. The current Days Payable is 71.23, which is 15% below median its 10-year median of 83.59 and 1.9% above the Building Materials industry median of 69.89. Star Cement's overall GF Score™ is 88/100 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 Star Cement (NSE:STARCEMENT), the current Days Payable is 71.23 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 Star Cement (NSE:STARCEMENT) Overvalued in 2026?

Based on GuruFocus' analysis, Star Cement stock appears to be undervalued. The current stock price of ₹207.72 is trading 22.3% below its estimated GF Value™ of ₹267.17. GuruFocus considers Star Cement to be Modestly Undervalued.

Key valuation signals for NSE:STARCEMENT:

  • Days Payable: 71.23 (15% below median its 10-year median of 83.59)
  • GF Value™: ₹267.17 vs. price of ₹207.72 (22.3% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 1.9% above the Building Materials median (#164 of 394)

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


Star Cement Business Description

Other Exchanges 540575:India
Address P-15/1, Taratala Main Road, Century House, 2nd Floor, CPT Colony, Kolkata, WB, IND, 700088
Star Cement Ltd is a cement company. It offers Cement and Cement linker products. The group markets clinker to different grinding units in North East India and parts of Eastern India. Its product range comprises ordinary Portland cement, Portland pozzolana cement, and Portland slag cement, among others. The company sells its products in India. Geographically, the company generates the majority of its revenue from India.
88GF Score

Get the complete analysis for NSE:STARCEMENT

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

₹207.72
Price
₹267.17
GF Value