What is Reliance Chemotex Industries Days Payable?
Reliance Chemotex IndustriesBOM:503162 -1.65%63 Days Payable is 60.94 as of Mar. 2026, which is 2% below its 10-year median of 62.26. GuruFocus rates BOM:503162 with a GF Score™ of 63/100 and a GF Value™ of ₹191.79 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Reliance Chemotex Industries ranks better than 51.23% on this metric.
The historical rank and industry rank for Reliance Chemotex Industries's Days Payable or its related term are showing as below:
BOM:503162'
s Days Payable Range Over the Past 10 Years
Min: 28.45 Med: 62.26 Max: 78.69
Current: 55.26
During the past 13 years, Reliance Chemotex Industries's highest Days Payable was 78.69. The lowest was 28.45. And the median was 62.26.
BOM:503162's Days Payable is ranked better than 51.23% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs BOM:503162: 55.26
* 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.
Reliance Chemotex Industries Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Reliance Chemotex 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.
Reliance Chemotex Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Reliance Chemotex Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Reliance Chemotex Industries's Days Payable falls into.
Reliance Chemotex Industries 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.
* 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.
Reliance Chemotex Industries (BOM:503162) has a Days Payable of 60.94 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 Reliance Chemotex Industries and its competitors. This is near median its historical median of 62.26. Over the past decade, Reliance Chemotex Industries' Days Payable has ranged from 28.45 to 78.69. According to the industry distribution chart, Reliance Chemotex Industries ranks #495 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.8%.
Is Reliance Chemotex Industries' Days Payable too high?
Reliance Chemotex Industries' current Days Payable of 60.94 is near median its 10-year median of 62.26. Over the past 10 years, this metric has ranged from a low of 28.45 to a high of 78.69. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Reliance Chemotex Industries' value of 60.94 is 12.4% above this industry median. Based on the distribution chart, Reliance Chemotex Industries ranks #495 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Reliance Chemotex Industries has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Reliance Chemotex Industries' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Reliance Chemotex Industries ranks #495 out of 1015 companies for Days Payable. This puts Reliance Chemotex Industries in the upper half of its industry. The industry median Days Payable is 54.22. Reliance Chemotex Industries' value of 60.94 is 12.4% above this benchmark. Historically, Reliance Chemotex Industries' own Days Payable has ranged from 28.45 to 78.69 over the past decade. While the company's 10-year median is 62.26 vs. the industry median of 54.22, Reliance Chemotex Industries 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 1,015 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. Reliance Chemotex Industries's current Days Payable of 60.94 is 12.4% 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 Reliance Chemotex Industries 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. Reliance Chemotex Industries's current Days Payable is 60.94, which is near median its own 10-year median of 62.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Chemotex Industries stock overvalued right now?
Based on GuruFocus' analysis, Reliance Chemotex Industries (BOM:503162) is currently considered Possible Value Trap. The stock's GF Value™ is ₹191.79, compared to a current price of ₹130.80 — trading 31.8% below its estimated fair value. The current Days Payable is 60.94, which is near median its 10-year median of 62.26 and 12.4% above the Manufacturing - Apparel & Accessories industry median of 54.22. Reliance Chemotex Industries' overall GF Score™ is 63/100 with 9 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 Reliance Chemotex Industries (BOM:503162), the current Days Payable is 60.94 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 Reliance Chemotex Industries (BOM:503162) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Chemotex Industries stock appears to be undervalued.
The current stock price of ₹130.80 is trading 31.8% below its estimated GF Value™ of ₹191.79.
GuruFocus considers Reliance Chemotex Industries to be Possible Value Trap.
Key valuation signals for BOM:503162:
Days Payable: 60.94 (near median its 10-year median of 62.26)
GF Value™: ₹191.79 vs. price of ₹130.80 (31.8% below fair value)
Industry Position: 12.4% above the Manufacturing - Apparel & Accessories median (#495 of 1015)
No single metric tells the full story. See the BOM:503162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Chemotex Industries Ltd is engaged in the manufacturing of synthetic blended yarn. The company's geographical segments are Sales within India, which includes sales to customers located in India, and Sales outside India, consisting of sales to customers located outside India. It offers various products such as Home furnishing yarns, which include artificial silk carpets, conveyor belts, towels, raised and flat upholstery, and artificial leather. Industrial yarns comprising school uniforms, shawls, medical aids, dyed polyester, and viscose yarn. The Company's primary business segment is Yarn.
63GF Score
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