Indian Card Clothing Co (BOM:509692) Days Payable: 201.85 (As of Mar. 2026) — 33% Above Median


BOM:509692 Indian Card Clothing Co Ltd BOM:509692
66 GF Score
Price ₹235.55
GF Value ₹236.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Indian Card Clothing Co Days Payable?

Indian Card Clothing Co BOM:509692 -1.11% 66 Days Payable is 201.85 as of Mar. 2026, which is 33% above its 10-year median of 151.79. GuruFocus rates BOM:509692 with a GF Score™ of 66/100 and a GF Value™ of ₹236.10 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Indian Card Clothing Co ranks better than 95.17% on this metric.

Indian Card Clothing Co's average Accounts Payable for the three months ended in Mar. 2026 was ₹72.7 Mil. Indian Card Clothing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹32.9 Mil. Hence, Indian Card Clothing Co's Days Payable for the three months ended in Mar. 2026 was 201.85.

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

BOM:509692' s Days Payable Range Over the Past 10 Years
Min: 104.67   Med: 151.79   Max: 328.97
Current: 304.22

During the past 13 years, Indian Card Clothing Co's highest Days Payable was 328.97. The lowest was 104.67. And the median was 151.79.

BOM:509692's Days Payable is ranked better than
95.17% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs BOM:509692: 304.22

Indian Card Clothing Co's Days Payable declined from Mar. 2025 (507.10) to Mar. 2026 (201.85). It may suggest that Indian Card Clothing Co accelerated paying its suppliers.


Indian Card Clothing Co Days Payable Historical Data

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The historical data trend for Indian Card Clothing 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.

Indian Card Clothing Co Days Payable Chart

Indian Card Clothing 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 104.67 147.55 201.54 328.97 283.10

Indian Card Clothing 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 507.10 411.72 359.51 318.83 201.85

Indian Card Clothing Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Indian Card Clothing 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.


Indian Card Clothing Co Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Indian Card Clothing Co's Days Payable falls into.


BOM:509692
66GF Score
Indian Card Clothing Co Ltd BOM:509692
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Card Clothing 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.

Indian Card Clothing 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
=( (108.21 + 72.673) / 2 ) / 116.604*365
=90.4415 / 116.604*365
=283.10

Indian Card Clothing 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 + 72.673) / 1 ) / 32.853*365 / 4
=72.673 / 32.853*365 / 4
=201.85

* 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 201.85 mean?
Indian Card Clothing Co (BOM:509692) has a Days Payable of 201.85 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 Indian Card Clothing Co and its competitors. This is 33% above median its historical median of 151.79. Over the past decade, Indian Card Clothing Co's Days Payable has ranged from 104.67 to 328.97. According to the industry distribution chart, Indian Card Clothing Co ranks #49 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.8%.
Is Indian Card Clothing Co's Days Payable too high?
Indian Card Clothing Co's current Days Payable of 201.85 is 33% above median its 10-year median of 151.79. Over the past 10 years, this metric has ranged from a low of 104.67 to a high of 328.97. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Indian Card Clothing Co's value of 201.85 is 272.3% above this industry median. Based on the distribution chart, Indian Card Clothing Co ranks #49 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Card Clothing Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Card Clothing Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indian Card Clothing Co ranks #49 out of 1015 companies for Days Payable. This places Indian Card Clothing Co in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.22. Indian Card Clothing Co's value of 201.85 is 272.3% above this benchmark. Historically, Indian Card Clothing Co's own Days Payable has ranged from 104.67 to 328.97 over the past decade. While the company's 10-year median is 151.79 vs. the industry median of 54.22, Indian Card Clothing 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 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. Indian Card Clothing Co's current Days Payable of 201.85 is 272.3% 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 Indian Card Clothing Co 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. Indian Card Clothing Co's current Days Payable is 201.85, which is 33% above median its own 10-year median of 151.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Card Clothing Co stock overvalued right now?
Based on GuruFocus' analysis, Indian Card Clothing Co (BOM:509692) is currently considered Fairly Valued. The stock's GF Value™ is ₹236.10, compared to a current price of ₹235.55 — trading 0.2% below its estimated fair value. The current Days Payable is 201.85, which is 33% above median its 10-year median of 151.79 and 272.3% above the Manufacturing - Apparel & Accessories industry median of 54.22. Indian Card Clothing Co's overall GF Score™ is 66/100 with 5 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 Indian Card Clothing Co (BOM:509692), the current Days Payable is 201.85 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 Indian Card Clothing Co (BOM:509692) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Card Clothing Co stock appears to be undervalued. The current stock price of ₹235.55 is trading 0.2% below its estimated GF Value™ of ₹236.10. GuruFocus considers Indian Card Clothing Co to be Fairly Valued.

Key valuation signals for BOM:509692:

  • Days Payable: 201.85 (33% above median its 10-year median of 151.79)
  • GF Value™: ₹236.10 vs. price of ₹235.55 (0.2% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 272.3% above the Manufacturing - Apparel & Accessories median (#49 of 1015)

No single metric tells the full story. See the BOM:509692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Card Clothing Co Business Description

Other Exchanges INDIANCARD:India
Address Koregaon Park Annexe, 14th Floor, B Wing, AP-81, Mundhwa, Pune, MH, IND, 411036
Indian Card Clothing Co Ltd (ICC) is a precision engineering company specializing in the manufacturing and supply of card clothing products and carding solutions for the textile industry. ICC has developed card clothing products such as cylinder wires, doffer wires, lickerin wires, and flat tops used in cotton carding and non-woven textile processes. The company operates manufacturing facilities in Pune, Maharashtra, and Nalagarh, Himachal Pradesh, catering to domestic and international markets. It generates revenue through sales of card clothing sets and related accessories to textile producers. ICC focuses on technology-driven product innovation to meet evolving industry requirements.
66GF Score

Get the complete analysis for BOM:509692

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

₹235.55
Price
₹236.10
GF Value