Vinati Organics (NSE:VINATIORGA) Days Payable: 38.59 (As of Mar. 2026) — Near Median

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NSE:VINATIORGA Vinati Organics Ltd NSE:VINATIORGA
91 GF Score
Price ₹1,320.80
GF Value ₹1,982.35
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Vinati Organics Days Payable?

Vinati Organics NSE:VINATIORGA -0.05% 91 Days Payable is 38.59 as of Mar. 2026, which is 1% below its 10-year median of 38.84. GuruFocus rates NSE:VINATIORGA with a GF Score™ of 91/100 and a GF Value™ of ₹1,982.35 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,554 Chemicals companies, Vinati Organics ranks worse than 67.89% on this metric.

Vinati Organics's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,213 Mil. Vinati Organics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,867 Mil. Hence, Vinati Organics's Days Payable for the three months ended in Mar. 2026 was 38.59.

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

NSE:VINATIORGA' s Days Payable Range Over the Past 10 Years
Min: 31.31   Med: 38.84   Max: 53.35
Current: 41.94

During the past 13 years, Vinati Organics's highest Days Payable was 53.35. The lowest was 31.31. And the median was 38.84.

NSE:VINATIORGA's Days Payable is ranked worse than
67.89% of 1554 companies
in the Chemicals industry
Industry Median: 59.875 vs NSE:VINATIORGA: 41.94

Vinati Organics's Days Payable declined from Mar. 2025 (40.18) to Mar. 2026 (38.59). It may suggest that Vinati Organics accelerated paying its suppliers.


Vinati Organics Days Payable Historical Data

* Premium members only.

The historical data trend for Vinati Organics'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.

Vinati Organics Days Payable Chart

Vinati Organics 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 37.69 39.02 38.29 38.65 47.90

Vinati Organics 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 40.18 53.07 30.55 31.58 38.59

NSE:VINATIORGA vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Vinati Organics'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.


Vinati Organics Days Payable vs Chemicals Industry

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

* The bar in red indicates where Vinati Organics's Days Payable falls into.


NSE:VINATIORGA
91GF Score
Vinati Organics Ltd NSE:VINATIORGA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinati Organics 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.

Vinati Organics'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
=( (1502.2 + 1212.7) / 2 ) / 10344*365
=1357.45 / 10344*365
=47.90

Vinati Organics'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 + 1212.7) / 1 ) / 2867.2*365 / 4
=1212.7 / 2867.2*365 / 4
=38.59

* 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 38.59 mean?
Vinati Organics (NSE:VINATIORGA) has a Days Payable of 38.59 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 Vinati Organics and its competitors. This is near median its historical median of 38.84. Over the past decade, Vinati Organics' Days Payable has ranged from 31.31 to 53.35. According to the industry distribution chart, Vinati Organics ranks #1055 out of 1554 companies in the Chemicals industry, placing it in the top 67.9%.
Is Vinati Organics' Days Payable too high?
Vinati Organics' current Days Payable of 38.59 is near median its 10-year median of 38.84. Over the past 10 years, this metric has ranged from a low of 31.31 to a high of 53.35. The Chemicals industry median Days Payable is 59.88. Vinati Organics' value of 38.59 is 35.5% below this industry median. Based on the distribution chart, Vinati Organics ranks #1055 out of 1554 companies in the Chemicals industry, which is below the industry midpoint. Overall, Vinati Organics has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinati Organics' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Vinati Organics ranks #1055 out of 1554 companies for Days Payable. This places Vinati Organics in the lower half of its industry. The industry median Days Payable is 59.88. Vinati Organics' value of 38.59 is 35.5% below this benchmark. Historically, Vinati Organics' own Days Payable has ranged from 31.31 to 53.35 over the past decade. While the company's 10-year median is 38.84 vs. the industry median of 59.88, Vinati Organics 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 59.88, based on 1,554 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. Vinati Organics's current Days Payable of 38.59 is 35.5% 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 Vinati Organics and its competitors. For the Chemicals industry, the median Days Payable is 59.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinati Organics's current Days Payable is 38.59, which is near median its own 10-year median of 38.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinati Organics stock overvalued right now?
Based on GuruFocus' analysis, Vinati Organics (NSE:VINATIORGA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,982.35, compared to a current price of ₹1,320.80 — trading 33.4% below its estimated fair value. The current Days Payable is 38.59, which is near median its 10-year median of 38.84 and 35.5% below the Chemicals industry median of 59.88. Vinati Organics' overall GF Score™ is 91/100 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 Vinati Organics (NSE:VINATIORGA), the current Days Payable is 38.59 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 Vinati Organics (NSE:VINATIORGA) Overvalued in 2026?

Based on GuruFocus' analysis, Vinati Organics stock appears to be undervalued. The current stock price of ₹1,320.80 is trading 33.4% below its estimated GF Value™ of ₹1,982.35. GuruFocus considers Vinati Organics to be Significantly Undervalued.

Key valuation signals for NSE:VINATIORGA:

  • Days Payable: 38.59 (near median its 10-year median of 38.84)
  • GF Value™: ₹1,982.35 vs. price of ₹1,320.80 (33.4% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 35.5% below the Chemicals median (#1055 of 1554)

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


Vinati Organics Business Description

Other Exchanges 524200:India
Address Parinee Crescenzo, A Wing, 11th Floor, 1102, G Block, Plot No. C38 and C39, Behind MCA, Bandra-Kurla Comple, Bandra (East), Mumbai, MH, IND, 400 051
Vinati Organics Ltd is a specialty chemical company, focusing on manufacturing specialty chemicals and organic intermediaries. The company's product portfolio consists of Speciality Monomers, Speciality Aromatics, Other specialty products, Butyl Phenols, Antioxidants, and Miscellaneous Polymers. Its operating segment includes the manufacturing of chemicals. The company exports products to customers across the U.S., Europe, and Asia.
91GF Score

Get the complete analysis for NSE:VINATIORGA

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

₹1,320.80
Price
₹1,982.35
GF Value