S.P. Apparels (NSE:SPAL) Accounts Payable: ₹1,285 Mil (As of Mar. 2026)


NSE:SPAL S.P. Apparels Ltd NSE:SPAL
85 GF Score
Price ₹1,159.70
GF Value ₹932.79
Valuation Modestly Overvalued
! 7 Warning Signs
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What is S.P. Apparels Accounts Payable?

S.P. Apparels NSE:SPAL -1.60% 85 Accounts Payable is ₹1,285 Mil as of Mar. 2026. GuruFocus rates NSE:SPAL with a GF Score™ of 85/100 and a GF Value™ of ₹932.79 (Modestly Overvalued). The stock has 7 warning signs investors should review.

S.P. Apparels's Accounts Payable for the quarter that ended in Mar. 2026 was ₹1,285 Mil.

S.P. Apparels's quarterly Accounts Payable declined from Sep. 2025 (₹1,158 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,285 Mil).

S.P. Apparels's annual Accounts Payable increased from Mar. 2024 (₹987 Mil) to Mar. 2025 (₹1,322 Mil) but then declined from Mar. 2025 (₹1,322 Mil) to Mar. 2026 (₹1,285 Mil).

S.P. Apparels Accounts Payable Related Terms

S.P. Apparels Accounts Payable Historical Data

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The historical data trend for S.P. Apparels's Accounts 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.

S.P. Apparels Accounts Payable Chart

S.P. Apparels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,130.33 991.09 987.36 1,321.74 1,285.03

S.P. Apparels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 1,321.74 0.00 1,158.11 0.00 1,285.03
NSE:SPAL
85GF Score
S.P. Apparels Ltd NSE:SPAL
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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S.P. Apparels Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of ₹1,285 Mil mean?
S.P. Apparels (NSE:SPAL) has a Accounts Payable of ₹1,285 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on S.P. Apparels and its competitors.
Is S.P. Apparels' Accounts Payable too high?
S.P. Apparels' current Accounts Payable is ₹1,285 Mil. Overall, S.P. Apparels has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S.P. Apparels' Accounts Payable compare to RL and LEVI?
S.P. Apparels' Accounts Payable of ₹1,285 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Manufacturing - Apparel & Accessories company?
A good Accounts Payable depends on the Manufacturing - Apparel & Accessories industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on S.P. Apparels and its competitors. S.P. Apparels's current Accounts Payable is ₹1,285 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.P. Apparels stock overvalued right now?
Based on GuruFocus' analysis, S.P. Apparels (NSE:SPAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹932.79, compared to a current price of ₹1,159.70 — trading 24.3% above its estimated fair value. The current Accounts Payable is ₹1,285 Mil. S.P. Apparels' overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For S.P. Apparels (NSE:SPAL), the current Accounts Payable is ₹1,285 Mil 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 S.P. Apparels (NSE:SPAL) Overvalued in 2026?

Based on GuruFocus' analysis, S.P. Apparels stock appears to be overvalued. The current stock price of ₹1,159.70 is trading 24.3% above its estimated GF Value™ of ₹932.79. GuruFocus considers S.P. Apparels to be Modestly Overvalued.

Key valuation signals for NSE:SPAL:

  • Accounts Payable: ₹1,285 Mil
  • GF Value™: ₹932.79 vs. price of ₹1,159.70 (24.3% above fair value)
  • GF Score™: 85/100 with 7 warning signs

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

S.P. Apparels Business Description

Other Exchanges 540048:India
Address 39-A, Extension Street, Kaikattipudur Road, Tiruppur District, Avinashi, TN, IND, 641 654
S.P. Apparels Ltd is an India-based company engaged in the business of manufacturing and exporting knitted garments for infants and children. Geographically, it derives a majority of revenue from Outside India. Its product categories include the Garment division and Retail division. The company manufactures and retails menswear garments under the brand Crocodile.
85GF Score

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

₹1,159.70
Price
₹932.79
GF Value