Bata India (BOM:500043) Days Payable: 68.12 (As of Jun. 2026) — 44% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500043 Bata India Ltd BOM:500043
79 GF Score
Price ₹681.60
GF Value ₹1,331.60
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Bata India Days Payable?

Bata India BOM:500043 +0.06% 79 Days Payable is 68.12 as of Jun. 2026, which is 44% below its 10-year median of 121.19. GuruFocus rates BOM:500043 with a GF Score™ of 79/100 and a GF Value™ of ₹1,331.60 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Bata India ranks better than 69.01% on this metric.

Bata India's average Accounts Payable for the three months ended in Jun. 2026 was ₹3,306 Mil. Bata India's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹4,429 Mil. Hence, Bata India's Days Payable for the three months ended in Jun. 2026 was 68.12.

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

BOM:500043' s Days Payable Range Over the Past 10 Years
Min: 74.1   Med: 121.19   Max: 197.24
Current: 81.85

During the past 13 years, Bata India's highest Days Payable was 197.24. The lowest was 74.10. And the median was 121.19.

BOM:500043's Days Payable is ranked better than
69.01% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.04 vs BOM:500043: 81.85

Bata India's Days Payable declined from Jun. 2025 (72.79) to Jun. 2026 (68.12). It may suggest that Bata India accelerated paying its suppliers.


Bata India Days Payable Historical Data

* Premium members only.

The historical data trend for Bata 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.

Bata India Days Payable Chart

Bata India 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 144.14 99.18 82.18 74.10 76.79

Bata India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 72.79 97.15 83.54 83.67 68.12

BOM:500043 vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, Bata 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.


Bata India Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata India's Days Payable distribution charts can be found below:

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


BOM:500043
79GF Score
Bata India Ltd BOM:500043
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bata 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.

Bata India'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
=( (3494.58 + 3306.17) / 2 ) / 16162.22*365
=3400.375 / 16162.22*365
=76.79

Bata India's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (3306.17 + 0) / 1 ) / 4429.04*365 / 4
=3306.17 / 4429.04*365 / 4
=68.12

* 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 68.12 mean?
Bata India (BOM:500043) has a Days Payable of 68.12 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bata India and its competitors. This is 44% below median its historical median of 121.19. Over the past decade, Bata India's Days Payable has ranged from 74.10 to 197.24. According to the industry distribution chart, Bata India ranks #318 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31%.
Is Bata India's Days Payable too high?
Bata India's current Days Payable of 68.12 is 44% below median its 10-year median of 121.19. Over the past 10 years, this metric has ranged from a low of 74.10 to a high of 197.24. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.04. Bata India's value of 68.12 is 28.4% above this industry median. Based on the distribution chart, Bata India ranks #318 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bata India has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata India's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata India ranks #318 out of 1026 companies for Days Payable. This puts Bata India in the upper half of its industry. The industry median Days Payable is 53.04. Bata India's value of 68.12 is 28.4% above this benchmark. Historically, Bata India's own Days Payable has ranged from 74.10 to 197.24 over the past decade. While the company's 10-year median is 121.19 vs. the industry median of 53.04, Bata 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 53.04, based on 1,026 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. Bata India's current Days Payable of 68.12 is 28.4% 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 Bata India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata India's current Days Payable is 68.12, which is 44% below median its own 10-year median of 121.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata India stock overvalued right now?
Based on GuruFocus' analysis, Bata India (BOM:500043) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,331.60, compared to a current price of ₹681.60 — trading 48.8% below its estimated fair value. The current Days Payable is 68.12, which is 44% below median its 10-year median of 121.19 and 28.4% above the Manufacturing - Apparel & Accessories industry median of 53.04. Bata India's overall GF Score™ is 79/100 with 2 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 Bata India (BOM:500043), the current Days Payable is 68.12 as of Jun. 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 Bata India (BOM:500043) Overvalued in 2026?

Based on GuruFocus' analysis, Bata India stock appears to be undervalued. The current stock price of ₹681.60 is trading 48.8% below its estimated GF Value™ of ₹1,331.60. GuruFocus considers Bata India to be Significantly Undervalued.

Key valuation signals for BOM:500043:

  • Days Payable: 68.12 (44% below median its 10-year median of 121.19)
  • GF Value™: ₹1,331.60 vs. price of ₹681.60 (48.8% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 28.4% above the Manufacturing - Apparel & Accessories median (#318 of 1026)

No single metric tells the full story. See the BOM:500043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bata India Business Description

Other Exchanges BATAINDIA:India
Address 418/02, M.G. Road, Sector - 17, Bata House, Opposite MDI, Gurgaon, HR, IND, 122001
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable segment which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its retail stores and e-commerce channels. Bata generates all its sales in India, mostly from footwear.
79GF Score

Get the complete analysis for BOM:500043

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

₹681.60
Price
₹1,331.60
GF Value