Vigor Plast India (NSE:VIGOR) Days Payable: 85.77 (As of Mar. 2025) — 11% Above Median


NSE:VIGOR Vigor Plast India Ltd NSE:VIGOR
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Price ₹104.90
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What is Vigor Plast India Days Payable?

Vigor Plast India NSE:VIGOR +1.40% 26 Days Payable is 85.77 as of Mar. 2025, which is 11% above its 10-year median of 77.49. GuruFocus rates NSE:VIGOR with a GF Score™ of 26/100. The stock has 6 warning signs investors should review. Among 1,709 Construction companies, Vigor Plast India ranks better than 55.24% on this metric.

Vigor Plast India's average Accounts Payable for the six months ended in Mar. 2025 was ₹70.7 Mil. Vigor Plast India's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹301.0 Mil. Hence, Vigor Plast India's Days Payable for the six months ended in Mar. 2025 was 42.88.

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

NSE:VIGOR' s Days Payable Range Over the Past 10 Years
Min: 69.05   Med: 77.49   Max: 85.77
Current: 85.77

During the past 4 years, Vigor Plast India's highest Days Payable was 85.77. The lowest was 69.05. And the median was 77.49.

NSE:VIGOR's Days Payable is ranked better than
55.24% of 1709 companies
in the Construction industry
Industry Median: 76.67 vs NSE:VIGOR: 85.77

Vigor Plast India's Days Payable increased from Mar. 2023 (69.05) to Mar. 2025 (85.77). It may suggest that Vigor Plast India delayed paying its suppliers.


Vigor Plast India Days Payable Historical Data

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The historical data trend for Vigor Plast 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.

Vigor Plast India Days Payable Chart

Vigor Plast India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Days Payable
78.18 69.05 76.79 85.77

Vigor Plast India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Days Payable 78.18 69.05 76.79 85.77

NSE:VIGOR vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Vigor Plast 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.


Vigor Plast India Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Vigor Plast India's Days Payable distribution charts can be found below:

* The bar in red indicates where Vigor Plast India's Days Payable falls into.


NSE:VIGOR
26GF Score
Vigor Plast India Ltd NSE:VIGOR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vigor Plast 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.

Vigor Plast India's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (69.99 + 71.449) / 2 ) / 300.955*365
=70.7195 / 300.955*365
=85.77

Vigor Plast India's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (69.99 + 71.449) / 2 ) / 300.955*365 / 2
=70.7195 / 300.955*365 / 2
=42.88

* 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 85.77 mean?
Vigor Plast India (NSE:VIGOR) has a Days Payable of 85.77 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vigor Plast India and its competitors. This is 11% above median its historical median of 77.49. Over the past decade, Vigor Plast India's Days Payable has ranged from 69.05 to 85.77. According to the industry distribution chart, Vigor Plast India ranks #765 out of 1709 companies in the Construction industry, placing it in the top 44.8%.
Is Vigor Plast India's Days Payable too high?
Vigor Plast India's current Days Payable of 85.77 is 11% above median its 10-year median of 77.49. Over the past 10 years, this metric has ranged from a low of 69.05 to a high of 85.77. The Construction industry median Days Payable is 76.67. Vigor Plast India's value of 85.77 is 11.9% above this industry median. Based on the distribution chart, Vigor Plast India ranks #765 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, Vigor Plast India has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Vigor Plast India's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Vigor Plast India ranks #765 out of 1709 companies for Days Payable. This puts Vigor Plast India in the upper half of its industry. The industry median Days Payable is 76.67. Vigor Plast India's value of 85.77 is 11.9% above this benchmark. Historically, Vigor Plast India's own Days Payable has ranged from 69.05 to 85.77 over the past decade. While the company's 10-year median is 77.49 vs. the industry median of 76.67, Vigor Plast 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 Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 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. Vigor Plast India's current Days Payable of 85.77 is 11.9% 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 Vigor Plast India and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vigor Plast India's current Days Payable is 85.77, which is 11% above median its own 10-year median of 77.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vigor Plast India stock overvalued right now?
Vigor Plast India (NSE:VIGOR) has a current Days Payable of 85.77. The current Days Payable is 85.77, which is 11% above median its 10-year median of 77.49 and 11.9% above the Construction industry median of 76.67. Vigor Plast India's overall GF Score™ is 26/100 with 6 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 Vigor Plast India (NSE:VIGOR), the current Days Payable is 85.77 as of Mar. 2025. 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.

Vigor Plast India Business Description

Address Survey No. 640/3, Lalpur Road, Behind Gujarat Gas CNG Pump Godown Zone, Dared, Village: Chela, Jamnagar, GJ, IND, 361 006
Vigor Plast India Ltd is focused on the trading of PVC pipes and fittings. It is engaged in producing Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. It is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. The company caters to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage.
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₹104.90
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