Styrenix Performance Materials (NSE:STYRENIX) Days Payable: 67.45 (As of Mar. 2026) — 16% Above Median


NSE:STYRENIX Styrenix Performance Materials Ltd NSE:STYRENIX
81 GF Score
Price ₹2,295.10
GF Value ₹2,615.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Styrenix Performance Materials Days Payable?

Styrenix Performance Materials NSE:STYRENIX -0.12% 81 Days Payable is 67.45 as of Mar. 2026, which is 16% above its 10-year median of 58.34. GuruFocus rates NSE:STYRENIX with a GF Score™ of 81/100 and a GF Value™ of ₹2,615.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,555 Chemicals companies, Styrenix Performance Materials ranks better than 56.4% on this metric.

Styrenix Performance Materials's average Accounts Payable for the three months ended in Mar. 2026 was ₹4,211 Mil. Styrenix Performance Materials's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5,697 Mil. Hence, Styrenix Performance Materials's Days Payable for the three months ended in Mar. 2026 was 67.45.

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

NSE:STYRENIX' s Days Payable Range Over the Past 10 Years
Min: 45.48   Med: 58.34   Max: 74.73
Current: 67.3

During the past 13 years, Styrenix Performance Materials's highest Days Payable was 74.73. The lowest was 45.48. And the median was 58.34.

NSE:STYRENIX's Days Payable is ranked better than
56.4% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs NSE:STYRENIX: 67.30

Styrenix Performance Materials's Days Payable declined from Mar. 2025 (81.18) to Mar. 2026 (67.45). It may suggest that Styrenix Performance Materials accelerated paying its suppliers.


Styrenix Performance Materials Days Payable Historical Data

* Premium members only.

The historical data trend for Styrenix Performance Materials'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.

Styrenix Performance Materials Days Payable Chart

Styrenix Performance Materials 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 60.40 55.96 58.74 68.41 74.73

Styrenix Performance Materials 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 81.18 80.24 57.55 48.52 67.45

NSE:STYRENIX vs DOW: Days Payable Comparison

For the Chemicals subindustry, Styrenix Performance Materials'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.


Styrenix Performance Materials Days Payable vs Chemicals Industry

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

* The bar in red indicates where Styrenix Performance Materials's Days Payable falls into.


NSE:STYRENIX
81GF Score
Styrenix Performance Materials Ltd NSE:STYRENIX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Styrenix Performance Materials 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.

Styrenix Performance Materials'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
=( (6046.2 + 4211) / 2 ) / 25050.9*365
=5128.6 / 25050.9*365
=74.73

Styrenix Performance Materials'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 + 4211) / 1 ) / 5697.1*365 / 4
=4211 / 5697.1*365 / 4
=67.45

* 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 67.45 mean?
Styrenix Performance Materials (NSE:STYRENIX) has a Days Payable of 67.45 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 Styrenix Performance Materials and its competitors. This is 16% above median its historical median of 58.34. Over the past decade, Styrenix Performance Materials' Days Payable has ranged from 45.48 to 74.73. According to the industry distribution chart, Styrenix Performance Materials ranks #678 out of 1555 companies in the Chemicals industry, placing it in the top 43.6%.
Is Styrenix Performance Materials' Days Payable too high?
Styrenix Performance Materials' current Days Payable of 67.45 is 16% above median its 10-year median of 58.34. Over the past 10 years, this metric has ranged from a low of 45.48 to a high of 74.73. The Chemicals industry median Days Payable is 59.95. Styrenix Performance Materials' value of 67.45 is 12.5% above this industry median. Based on the distribution chart, Styrenix Performance Materials ranks #678 out of 1555 companies in the Chemicals industry, which is above the industry midpoint. Overall, Styrenix Performance Materials has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Styrenix Performance Materials' Days Payable compare to DOW?
According to the Chemicals industry distribution chart, Styrenix Performance Materials ranks #678 out of 1555 companies for Days Payable. This puts Styrenix Performance Materials in the upper half of its industry. The industry median Days Payable is 59.95. Styrenix Performance Materials' value of 67.45 is 12.5% above this benchmark. Historically, Styrenix Performance Materials' own Days Payable has ranged from 45.48 to 74.73 over the past decade. While the company's 10-year median is 58.34 vs. the industry median of 59.95, Styrenix Performance Materials 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 59.95, based on 1,555 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. Styrenix Performance Materials's current Days Payable of 67.45 is 12.5% 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 Styrenix Performance Materials and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Styrenix Performance Materials's current Days Payable is 67.45, which is 16% above median its own 10-year median of 58.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Styrenix Performance Materials stock overvalued right now?
Based on GuruFocus' analysis, Styrenix Performance Materials (NSE:STYRENIX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,615.28, compared to a current price of ₹2,295.10 — trading 12.2% below its estimated fair value. The current Days Payable is 67.45, which is 16% above median its 10-year median of 58.34 and 12.5% above the Chemicals industry median of 59.95. Styrenix Performance Materials' overall GF Score™ is 81/100 with 5 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 Styrenix Performance Materials (NSE:STYRENIX), the current Days Payable is 67.45 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 Styrenix Performance Materials (NSE:STYRENIX) Overvalued in 2026?

Based on GuruFocus' analysis, Styrenix Performance Materials stock appears to be undervalued. The current stock price of ₹2,295.10 is trading 12.2% below its estimated GF Value™ of ₹2,615.28. GuruFocus considers Styrenix Performance Materials to be Modestly Undervalued.

Key valuation signals for NSE:STYRENIX:

  • Days Payable: 67.45 (16% above median its 10-year median of 58.34)
  • GF Value™: ₹2,615.28 vs. price of ₹2,295.10 (12.2% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 12.5% above the Chemicals median (#678 of 1555)

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


Styrenix Performance Materials Business Description

Other Exchanges 506222:India
Address Dr. Vikram Sarabhai Marg, 9th Floor, Shiva, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in single segment, namely Engineering Polymers. All the business activities of the firm functioned throughout the region of India.
81GF Score

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

₹2,295.10
Price
₹2,615.28
GF Value