Lakshmi Mills Co (BOM:502958) Days Payable: 62.11 (As of Mar. 2026) — 27% Above Median

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BOM:502958 Lakshmi Mills Co Ltd BOM:502958
52 GF Score
Price ₹8,067.30
GF Value ₹6,094.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Lakshmi Mills Co Days Payable?

Lakshmi Mills Co BOM:502958 -1.32% 52 Days Payable is 62.11 as of Mar. 2026, which is 27% above its 10-year median of 48.91. GuruFocus rates BOM:502958 with a GF Score™ of 52/100 and a GF Value™ of ₹6,094.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Lakshmi Mills Co ranks better than 73.21% on this metric.

Lakshmi Mills Co's average Accounts Payable for the three months ended in Mar. 2026 was ₹230 Mil. Lakshmi Mills Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹338 Mil. Hence, Lakshmi Mills Co's Days Payable for the three months ended in Mar. 2026 was 62.11.

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

BOM:502958' s Days Payable Range Over the Past 10 Years
Min: 3.04   Med: 48.91   Max: 93.25
Current: 90.31

During the past 13 years, Lakshmi Mills Co's highest Days Payable was 93.25. The lowest was 3.04. And the median was 48.91.

BOM:502958's Days Payable is ranked better than
73.21% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.86 vs BOM:502958: 90.31

Lakshmi Mills Co's Days Payable declined from Mar. 2025 (82.32) to Mar. 2026 (62.11). It may suggest that Lakshmi Mills Co accelerated paying its suppliers.


Lakshmi Mills Co Days Payable Historical Data

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The historical data trend for Lakshmi Mills Co'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.

Lakshmi Mills Co Days Payable Chart

Lakshmi Mills Co 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 27.32 46.60 58.33 81.49 93.25

Lakshmi Mills Co 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 82.32 126.24 92.20 84.51 62.11

Lakshmi Mills Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Lakshmi Mills Co'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.


Lakshmi Mills Co Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Lakshmi Mills Co's Days Payable falls into.


BOM:502958
52GF Score
Lakshmi Mills Co Ltd BOM:502958
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lakshmi Mills Co 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.

Lakshmi Mills Co'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
=( (347.02 + 229.754) / 2 ) / 1128.828*365
=288.387 / 1128.828*365
=93.25

Lakshmi Mills Co'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 + 229.754) / 1 ) / 337.568*365 / 4
=229.754 / 337.568*365 / 4
=62.11

* 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 62.11 mean?
Lakshmi Mills Co (BOM:502958) has a Days Payable of 62.11 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 Lakshmi Mills Co and its competitors. This is 27% above median its historical median of 48.91. Over the past decade, Lakshmi Mills Co's Days Payable has ranged from 3.04 to 93.25. According to the industry distribution chart, Lakshmi Mills Co ranks #273 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.8%.
Is Lakshmi Mills Co's Days Payable too high?
Lakshmi Mills Co's current Days Payable of 62.11 is 27% above median its 10-year median of 48.91. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 93.25. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.86. Lakshmi Mills Co's value of 62.11 is 15.3% above this industry median. Based on the distribution chart, Lakshmi Mills Co ranks #273 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Lakshmi Mills Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lakshmi Mills Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lakshmi Mills Co ranks #273 out of 1019 companies for Days Payable. This puts Lakshmi Mills Co in the upper half of its industry. The industry median Days Payable is 53.86. Lakshmi Mills Co's value of 62.11 is 15.3% above this benchmark. Historically, Lakshmi Mills Co's own Days Payable has ranged from 3.04 to 93.25 over the past decade. While the company's 10-year median is 48.91 vs. the industry median of 53.86, Lakshmi Mills Co 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 53.86, based on 1,019 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. Lakshmi Mills Co's current Days Payable of 62.11 is 15.3% 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 Lakshmi Mills Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakshmi Mills Co's current Days Payable is 62.11, which is 27% above median its own 10-year median of 48.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Mills Co stock overvalued right now?
Based on GuruFocus' analysis, Lakshmi Mills Co (BOM:502958) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹6,094.18, compared to a current price of ₹8,067.30 — trading 32.4% above its estimated fair value. The current Days Payable is 62.11, which is 27% above median its 10-year median of 48.91 and 15.3% above the Manufacturing - Apparel & Accessories industry median of 53.86. Lakshmi Mills Co's overall GF Score™ is 52/100 with 4 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 Lakshmi Mills Co (BOM:502958), the current Days Payable is 62.11 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 Lakshmi Mills Co (BOM:502958) Overvalued in 2026?

Based on GuruFocus' analysis, Lakshmi Mills Co stock appears to be overvalued. The current stock price of ₹8,067.30 is trading 32.4% above its estimated GF Value™ of ₹6,094.18. GuruFocus considers Lakshmi Mills Co to be Significantly Overvalued.

Key valuation signals for BOM:502958:

  • Days Payable: 62.11 (27% above median its 10-year median of 48.91)
  • GF Value™: ₹6,094.18 vs. price of ₹8,067.30 (32.4% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 15.3% above the Manufacturing - Apparel & Accessories median (#273 of 1019)

No single metric tells the full story. See the BOM:502958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lakshmi Mills Co Business Description

Address 686, Avanashi Road, Post Box No. 6301, Pappanaickenpalayam, Coimbatore, TN, IND, 641 037
Lakshmi Mills Co Ltd is engaged in the manufacturing and trading of yarn. The company's operating segment includes Textiles and Rental services. It generates maximum revenue from the Textiles segment. Textiles segment consist of manufacturing and sale of yarn and trading in cloth and garments. It's Rental Services segment consist of letting out of properties. Geographically, it derives a majority of revenue from India.
52GF Score

Get the complete analysis for BOM:502958

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

₹8,067.30
Price
₹6,094.18
GF Value