TCPL Packaging (NSE:TCPLPACK) Days Payable: 79.08 (As of Mar. 2026) — 29% Above Median


NSE:TCPLPACK TCPL Packaging Ltd NSE:TCPLPACK
75 GF Score
Price ₹2,992.40
GF Value ₹3,084.35
Valuation Fairly Valued
! 3 Warning Signs
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What is TCPL Packaging Days Payable?

TCPL Packaging NSE:TCPLPACK -0.16% 75 Days Payable is 79.08 as of Mar. 2026, which is 29% above its 10-year median of 61.32. GuruFocus rates NSE:TCPLPACK with a GF Score™ of 75/100 and a GF Value™ of ₹3,084.35 (Fairly Valued). The stock has 3 warning signs investors should review. Among 378 Packaging & Containers companies, TCPL Packaging ranks better than 66.14% on this metric.

TCPL Packaging's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,281 Mil. TCPL Packaging's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,632 Mil. Hence, TCPL Packaging's Days Payable for the three months ended in Mar. 2026 was 79.08.

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

NSE:TCPLPACK' s Days Payable Range Over the Past 10 Years
Min: 50.3   Med: 61.32   Max: 77.96
Current: 77.96

During the past 13 years, TCPL Packaging's highest Days Payable was 77.96. The lowest was 50.30. And the median was 61.32.

NSE:TCPLPACK's Days Payable is ranked better than
66.14% of 378 companies
in the Packaging & Containers industry
Industry Median: 57.21 vs NSE:TCPLPACK: 77.96

TCPL Packaging's Days Payable declined from Mar. 2025 (85.04) to Mar. 2026 (79.08). It may suggest that TCPL Packaging accelerated paying its suppliers.


TCPL Packaging Days Payable Historical Data

* Premium members only.

The historical data trend for TCPL Packaging'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.

TCPL Packaging Days Payable Chart

TCPL Packaging 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 72.61 57.61 58.97 71.76 77.70

TCPL Packaging 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 85.04 83.01 75.33 75.60 79.08

NSE:TCPLPACK vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, TCPL Packaging'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.


TCPL Packaging Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TCPL Packaging's Days Payable distribution charts can be found below:

* The bar in red indicates where TCPL Packaging's Days Payable falls into.


NSE:TCPLPACK
75GF Score
TCPL Packaging Ltd NSE:TCPLPACK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TCPL Packaging 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.

TCPL Packaging'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
=( (2152.013 + 2280.876) / 2 ) / 10411.429*365
=2216.4445 / 10411.429*365
=77.70

TCPL Packaging'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 + 2280.876) / 1 ) / 2632.004*365 / 4
=2280.876 / 2632.004*365 / 4
=79.08

* 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 79.08 mean?
TCPL Packaging (NSE:TCPLPACK) has a Days Payable of 79.08 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 TCPL Packaging and its competitors. This is 29% above median its historical median of 61.32. Over the past decade, TCPL Packaging's Days Payable has ranged from 50.30 to 77.96. According to the industry distribution chart, TCPL Packaging ranks #128 out of 378 companies in the Packaging & Containers industry, placing it in the top 33.9%.
Is TCPL Packaging's Days Payable too high?
TCPL Packaging's current Days Payable of 79.08 is 29% above median its 10-year median of 61.32. Over the past 10 years, this metric has ranged from a low of 50.30 to a high of 77.96. The Packaging & Containers industry median Days Payable is 57.21. TCPL Packaging's value of 79.08 is 38.2% above this industry median. Based on the distribution chart, TCPL Packaging ranks #128 out of 378 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, TCPL Packaging has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCPL Packaging's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TCPL Packaging ranks #128 out of 378 companies for Days Payable. This puts TCPL Packaging in the upper half of its industry. The industry median Days Payable is 57.21. TCPL Packaging's value of 79.08 is 38.2% above this benchmark. Historically, TCPL Packaging's own Days Payable has ranged from 50.30 to 77.96 over the past decade. While the company's 10-year median is 61.32 vs. the industry median of 57.21, TCPL Packaging 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.21, based on 378 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. TCPL Packaging's current Days Payable of 79.08 is 38.2% 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 TCPL Packaging and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCPL Packaging's current Days Payable is 79.08, which is 29% above median its own 10-year median of 61.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCPL Packaging stock overvalued right now?
Based on GuruFocus' analysis, TCPL Packaging (NSE:TCPLPACK) is currently considered Fairly Valued. The stock's GF Value™ is ₹3,084.35, compared to a current price of ₹2,992.40 — trading 3% below its estimated fair value. The current Days Payable is 79.08, which is 29% above median its 10-year median of 61.32 and 38.2% above the Packaging & Containers industry median of 57.21. TCPL Packaging's overall GF Score™ is 75/100 with 3 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 TCPL Packaging (NSE:TCPLPACK), the current Days Payable is 79.08 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 TCPL Packaging (NSE:TCPLPACK) Overvalued in 2026?

Based on GuruFocus' analysis, TCPL Packaging stock appears to be undervalued. The current stock price of ₹2,992.40 is trading 3% below its estimated GF Value™ of ₹3,084.35. GuruFocus considers TCPL Packaging to be Fairly Valued.

Key valuation signals for NSE:TCPLPACK:

  • Days Payable: 79.08 (29% above median its 10-year median of 61.32)
  • GF Value™: ₹3,084.35 vs. price of ₹2,992.40 (3% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 38.2% above the Packaging & Containers median (#128 of 378)

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


TCPL Packaging Business Description

Other Exchanges 523301:India
Address 414, Senapati Bapat Marg, Empire Mills Complex, Lower Parel (West), Mumbai, MH, IND, 400 013
TCPL Packaging Ltd is engaged in the Printing and Packaging business. The company manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. Geographically, it derives a majority of its revenue from India. It serves FMCG, Food and Beverage, Liquor, Pharmaceuticals, and Other industries. It has one segment of business, which is Printing and Packaging.
75GF Score

Get the complete analysis for NSE:TCPLPACK

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

₹2,992.40
Price
₹3,084.35
GF Value