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GTN IndustriesBOM:500170 +7.37%57 Days Payable is 23.04 as of Mar. 2026, which is 49% below its 10-year median of 44.96. GuruFocus rates BOM:500170 with a GF Score™ of 57/100 and a GF Value™ of ₹29.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, GTN Industries ranks worse than 85.73% on this metric.
The historical rank and industry rank for GTN Industries's Days Payable or its related term are showing as below:
BOM:500170'
s Days Payable Range Over the Past 10 Years
Min: 20.54 Med: 44.96 Max: 62.42
Current: 20.54
During the past 13 years, GTN Industries's highest Days Payable was 62.42. The lowest was 20.54. And the median was 44.96.
BOM:500170's Days Payable is ranked worse than 85.73% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18
vs BOM:500170: 20.54
GTN Industries's Days Payable
increased
from Mar. 2025 (21.03) to Mar. 2026 (23.04).
It may suggest that GTN Industriesdelayed paying its suppliers.
GTN Industries Days Payable Related Terms
GTN Industries Days Payable Historical Data
* Premium members only.
The historical data trend for GTN Industries'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.
For the Textile Manufacturing subindustry, GTN Industries'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.
GTN Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GTN Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where GTN Industries's Days Payable falls into.
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.
GTN Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
GTN Industries (BOM:500170) has a Days Payable of 23.04 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 GTN Industries and its competitors. This is 49% below median its historical median of 44.96. Over the past decade, GTN Industries' Days Payable has ranged from 20.54 to 62.42. According to the industry distribution chart, GTN Industries ranks #871 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.7%.
Is GTN Industries' Days Payable too high?
GTN Industries' current Days Payable of 23.04 is 49% below median its 10-year median of 44.96. Over the past 10 years, this metric has ranged from a low of 20.54 to a high of 62.42. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. GTN Industries' value of 23.04 is 57.5% below this industry median. Based on the distribution chart, GTN Industries ranks #871 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, GTN Industries has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GTN Industries' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GTN Industries ranks #871 out of 1016 companies for Days Payable. This places GTN Industries in the lower half of its industry. The industry median Days Payable is 54.18. GTN Industries' value of 23.04 is 57.5% below this benchmark. Historically, GTN Industries' own Days Payable has ranged from 20.54 to 62.42 over the past decade. While the company's 10-year median is 44.96 vs. the industry median of 54.18, GTN Industries 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.18, based on 1,016 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. GTN Industries's current Days Payable of 23.04 is 57.5% 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 GTN Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTN Industries's current Days Payable is 23.04, which is 49% below median its own 10-year median of 44.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTN Industries stock overvalued right now?
Based on GuruFocus' analysis, GTN Industries (BOM:500170) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹29.61, compared to a current price of ₹25.48 — trading 13.9% below its estimated fair value. The current Days Payable is 23.04, which is 49% below median its 10-year median of 44.96 and 57.5% below the Manufacturing - Apparel & Accessories industry median of 54.18. GTN Industries' overall GF Score™ is 57/100 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 GTN Industries (BOM:500170), the current Days Payable is 23.04 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 GTN Industries (BOM:500170) Overvalued in 2026?
Based on GuruFocus' analysis, GTN Industries stock appears to be undervalued.
The current stock price of ₹25.48 is trading 13.9% below its estimated GF Value™ of ₹29.61.
GuruFocus considers GTN Industries to be Modestly Undervalued.
Key valuation signals for BOM:500170:
Days Payable: 23.04 (49% below median its 10-year median of 44.96)
GF Value™: ₹29.61 vs. price of ₹25.48 (13.9% below fair value)
Industry Position: 57.5% below the Manufacturing - Apparel & Accessories median (#871 of 1016)
No single metric tells the full story. See the BOM:500170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GTN Industries Ltd is engaged in the business of manufacturing and export of cotton yarn. Principally, it is also involved in the spinning and doubling of yarn. The textile division offers a range of grey yarns, knitted fabrics, knitted socks, and knitted lifestyle garments. The company's production facilities are located in the state of Telangana and Maharashtra, India.
57GF Score
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