Katare Spinning Mills (BOM:502933) Days Payable: 33,692.73 (As of Mar. 2026) — 103634% Above Median

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BOM:502933 Katare Spinning Mills Ltd BOM:502933
43 GF Score
Price ₹101.75
GF Value ₹101.80
Valuation Fairly Valued
! 10 Warning Signs
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What is Katare Spinning Mills Days Payable?

Katare Spinning Mills BOM:502933 43 Days Payable is 33,692.73 as of Mar. 2026, which is 103634% above its 10-year median of 32.48. GuruFocus rates BOM:502933 with a GF Score™ of 43/100 and a GF Value™ of ₹101.80 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Katare Spinning Mills ranks better than 99.71% on this metric.

Katare Spinning Mills's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,128.31 Mil. Katare Spinning Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹13.89 Mil. Hence, Katare Spinning Mills's Days Payable for the three months ended in Mar. 2026 was 33,692.73.

The historical rank and industry rank for Katare Spinning Mills's Days Payable or its related term are showing as below:

BOM:502933' s Days Payable Range Over the Past 10 Years
Min: 2.63   Med: 32.48   Max: 76195.68
Current: 30485.97

During the past 13 years, Katare Spinning Mills's highest Days Payable was 76195.68. The lowest was 2.63. And the median was 32.48.

BOM:502933's Days Payable is ranked better than
99.71% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs BOM:502933: 30485.97

Katare Spinning Mills's Days Payable increased from Mar. 2025 (6.50) to Mar. 2026 (33,692.73). It may suggest that Katare Spinning Mills delayed paying its suppliers.


Katare Spinning Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Katare Spinning Mills'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.

Katare Spinning Mills Days Payable Chart

Katare Spinning Mills 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 67.33 8.68 5.75 2.63 76,195.68

Katare Spinning Mills 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 6.50 10.85 0.00 13.36 33,692.73

Katare Spinning Mills Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Katare Spinning Mills'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.


Katare Spinning Mills Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Katare Spinning Mills's Days Payable falls into.


BOM:502933
43GF Score
Katare Spinning Mills Ltd BOM:502933
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Katare Spinning Mills 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.

Katare Spinning Mills'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
=( (0.247 + 10255.9) / 2 ) / 24.565*365
=5128.0735 / 24.565*365
=76,195.68

Katare Spinning Mills'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
=( (0.721 + 10255.9) / 2 ) / 13.889*365 / 4
=5128.3105 / 13.889*365 / 4
=33,692.73

* 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 33,692.73 mean?
Katare Spinning Mills (BOM:502933) has a Days Payable of 33,692.73 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 Katare Spinning Mills and its competitors. This is 103634% above median its historical median of 32.48. Over the past decade, Katare Spinning Mills' Days Payable has ranged from 2.63 to 76,195.68. According to the industry distribution chart, Katare Spinning Mills ranks #3 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.3%.
Is Katare Spinning Mills' Days Payable too high?
Katare Spinning Mills' current Days Payable of 33,692.73 is 103634% above median its 10-year median of 32.48. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 76,195.68. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Katare Spinning Mills' value of 33,692.73 is 62040.8% above this industry median. Based on the distribution chart, Katare Spinning Mills ranks #3 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Katare Spinning Mills has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Katare Spinning Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Katare Spinning Mills ranks #3 out of 1017 companies for Days Payable. This places Katare Spinning Mills in the top 0% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.22. Katare Spinning Mills' value of 33,692.73 is 62040.8% above this benchmark. Historically, Katare Spinning Mills' own Days Payable has ranged from 2.63 to 76,195.68 over the past decade. While the company's 10-year median is 32.48 vs. the industry median of 54.22, Katare Spinning Mills 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 54.22, based on 1,017 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. Katare Spinning Mills's current Days Payable of 33,692.73 is 62040.8% 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 Katare Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Katare Spinning Mills's current Days Payable is 33,692.73, which is 103634% above median its own 10-year median of 32.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katare Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Katare Spinning Mills (BOM:502933) is currently considered Fairly Valued. The stock's GF Value™ is ₹101.80, compared to a current price of ₹101.75 — trading 0% below its estimated fair value. The current Days Payable is 33,692.73, which is 103634% above median its 10-year median of 32.48 and 62040.8% above the Manufacturing - Apparel & Accessories industry median of 54.22. Katare Spinning Mills' overall GF Score™ is 43/100 with 10 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 Katare Spinning Mills (BOM:502933), the current Days Payable is 33,692.73 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 Katare Spinning Mills (BOM:502933) Overvalued in 2026?

Based on GuruFocus' analysis, Katare Spinning Mills stock appears to be undervalued. The current stock price of ₹101.75 is trading 0% below its estimated GF Value™ of ₹101.80. GuruFocus considers Katare Spinning Mills to be Fairly Valued.

Key valuation signals for BOM:502933:

  • Days Payable: 33,692.73 (103634% above median its 10-year median of 32.48)
  • GF Value™: ₹101.80 vs. price of ₹101.75 (0% below fair value)
  • GF Score™: 43/100 with 10 warning signs
  • Industry Position: 62040.8% above the Manufacturing - Apparel & Accessories median (#3 of 1017)

No single metric tells the full story. See the BOM:502933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Katare Spinning Mills Business Description

Address Akkalkot road, 14/30 Ground Floor, B Wing, Katare Complex, Bl. No. 10, Ravivar Peth, Gandhinagar, Solapur, MH, IND, 413006
Katare Spinning Mills Ltd is an India-based company. It is engaged in the business of manufacturing of cotton yarn, solar power generation, and hospitality. Katare Spinning Mills operates through various segments that are Spinning Division and Solar Power. The Spinning Mill segment generates maximum revenue for the company.
43GF Score

Get the complete analysis for BOM:502933

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

₹101.75
Price
₹101.80
GF Value