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The Western India PlywoodsNSE:WIPL -0.15%76 Days Payable is 58.40 as of Mar. 2026, which is 26% above its 10-year median of 46.34. GuruFocus rates NSE:WIPL with a GF Score™ of 76/100 and a GF Value™ of ₹291.21 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 276 Forest Products companies, The Western India Plywoods ranks better than 61.23% on this metric.
* 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.
NSE:WIPL vs SSD, UFPI, BCC: Days Payable Comparison
For the Lumber & Wood Production subindustry, The Western India Plywoods'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.
The Western India Plywoods Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, The Western India Plywoods's Days Payable distribution charts can be found below:
* The bar in red indicates where The Western India Plywoods's Days Payable falls into.
The Western India Plywoods 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.
* 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.
The Western India Plywoods (NSE:WIPL) has a Days Payable of 58.40 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 The Western India Plywoods and its competitors. This is 26% above median its historical median of 46.34. Over the past decade, The Western India Plywoods' Days Payable has ranged from 27.30 to 68.91. According to the industry distribution chart, The Western India Plywoods ranks #107 out of 276 companies in the Forest Products industry, placing it in the top 38.8%.
Is The Western India Plywoods' Days Payable too high?
The Western India Plywoods' current Days Payable of 58.40 is 26% above median its 10-year median of 46.34. Over the past 10 years, this metric has ranged from a low of 27.30 to a high of 68.91. The Forest Products industry median Days Payable is 56.79. The Western India Plywoods' value of 58.40 is 2.8% above this industry median. Based on the distribution chart, The Western India Plywoods ranks #107 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, The Western India Plywoods has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Western India Plywoods' Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, The Western India Plywoods ranks #107 out of 276 companies for Days Payable. This puts The Western India Plywoods in the upper half of its industry. The industry median Days Payable is 56.79. The Western India Plywoods' value of 58.40 is 2.8% above this benchmark. Historically, The Western India Plywoods' own Days Payable has ranged from 27.30 to 68.91 over the past decade. While the company's 10-year median is 46.34 vs. the industry median of 56.79, The Western India Plywoods 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 Forest Products company?
The median Days Payable among Forest Products companies is 56.79, based on 276 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. The Western India Plywoods's current Days Payable of 58.40 is 2.8% 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 The Western India Plywoods and its competitors. For the Forest Products industry, the median Days Payable is 56.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Western India Plywoods's current Days Payable is 58.40, which is 26% above median its own 10-year median of 46.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Western India Plywoods stock overvalued right now?
Based on GuruFocus' analysis, The Western India Plywoods (NSE:WIPL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹291.21, compared to a current price of ₹172.71 — trading 40.7% below its estimated fair value. The current Days Payable is 58.40, which is 26% above median its 10-year median of 46.34 and 2.8% above the Forest Products industry median of 56.79. The Western India Plywoods' overall GF Score™ is 76/100 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 The Western India Plywoods (NSE:WIPL), the current Days Payable is 58.40 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 The Western India Plywoods (NSE:WIPL) Overvalued in 2026?
Based on GuruFocus' analysis, The Western India Plywoods stock appears to be undervalued.
The current stock price of ₹172.71 is trading 40.7% below its estimated GF Value™ of ₹291.21.
GuruFocus considers The Western India Plywoods to be Significantly Undervalued.
Key valuation signals for NSE:WIPL:
Days Payable: 58.40 (26% above median its 10-year median of 46.34)
GF Value™: ₹291.21 vs. price of ₹172.71 (40.7% below fair value)
Industry Position: 2.8% above the Forest Products median (#107 of 276)
No single metric tells the full story. See the NSE:WIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Western India Plywoods Ltd is a manufacturer of wood-based products. Its products include Plywood, Hard boards, Densified wood, Furniture, Wipress, Wooden flooring, and Others.
76GF Score
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