Patspin India (BOM:514326) Days Payable: 4,083.44 (As of Mar. 2026) — 1363% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:514326 Patspin India Ltd BOM:514326
29 GF Score
Price ₹6.60
GF Value ₹31.49
Valuation Possible Value Trap
! 3 Warning Signs
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What is Patspin India Days Payable?

Patspin India BOM:514326 +0.43% 29 Days Payable is 4,083.44 as of Mar. 2026, which is 1363% above its 10-year median of 279.17. GuruFocus rates BOM:514326 with a GF Score™ of 29/100 and a GF Value™ of ₹31.49 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Patspin India ranks better than 98.82% on this metric.

Patspin India's average Accounts Payable for the three months ended in Mar. 2026 was ₹161.1 Mil. Patspin India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3.6 Mil. Hence, Patspin India's Days Payable for the three months ended in Mar. 2026 was 4,083.44.

The historical rank and industry rank for Patspin India's Days Payable or its related term are showing as below:

BOM:514326' s Days Payable Range Over the Past 10 Years
Min: 53.22   Med: 279.17   Max: 4230.31
Current: 4230.31

During the past 13 years, Patspin India's highest Days Payable was 4230.31. The lowest was 53.22. And the median was 279.17.

BOM:514326's Days Payable is ranked better than
98.82% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.315 vs BOM:514326: 4230.31

Patspin India's Days Payable declined from Mar. 2025 (5,996.29) to Mar. 2026 (4,083.44). It may suggest that Patspin India accelerated paying its suppliers.


Patspin India Days Payable Historical Data

* Premium members only.

The historical data trend for Patspin India'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.

Patspin India Days Payable Chart

Patspin India 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 304.73 283.02 960.74 1,224.08 4,101.79

Patspin India 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 5,996.29 4,885.86 3,721.22 4,767.81 4,083.44

Patspin India Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Patspin India'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.


Patspin India Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Patspin India's Days Payable falls into.


BOM:514326
29GF Score
Patspin India Ltd BOM:514326
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Patspin India 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.

Patspin India'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
=( (144.568 + 161.1) / 2 ) / 13.6*365
=152.834 / 13.6*365
=4,101.79

Patspin India'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 + 161.1) / 1 ) / 3.6*365 / 4
=161.1 / 3.6*365 / 4
=4,083.44

* 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 4,083.44 mean?
Patspin India (BOM:514326) has a Days Payable of 4,083.44 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 Patspin India and its competitors. This is 1363% above median its historical median of 279.17. Over the past decade, Patspin India's Days Payable has ranged from 53.22 to 4,230.31. According to the industry distribution chart, Patspin India ranks #12 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.2%.
Is Patspin India's Days Payable too high?
Patspin India's current Days Payable of 4,083.44 is 1363% above median its 10-year median of 279.17. Over the past 10 years, this metric has ranged from a low of 53.22 to a high of 4,230.31. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.32. Patspin India's value of 4,083.44 is 7418.1% above this industry median. Based on the distribution chart, Patspin India ranks #12 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Patspin India has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Patspin India's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Patspin India ranks #12 out of 1020 companies for Days Payable. This places Patspin India in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.32. Patspin India's value of 4,083.44 is 7418.1% above this benchmark. Historically, Patspin India's own Days Payable has ranged from 53.22 to 4,230.31 over the past decade. While the company's 10-year median is 279.17 vs. the industry median of 54.32, Patspin India 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 54.32, based on 1,020 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. Patspin India's current Days Payable of 4,083.44 is 7418.1% 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 Patspin India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patspin India's current Days Payable is 4,083.44, which is 1363% above median its own 10-year median of 279.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patspin India stock overvalued right now?
Based on GuruFocus' analysis, Patspin India (BOM:514326) is currently considered Possible Value Trap. The stock's GF Value™ is ₹31.49, compared to a current price of ₹6.60 — trading 79% below its estimated fair value. The current Days Payable is 4,083.44, which is 1363% above median its 10-year median of 279.17 and 7418.1% above the Manufacturing - Apparel & Accessories industry median of 54.32. Patspin India's overall GF Score™ is 29/100 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 Patspin India (BOM:514326), the current Days Payable is 4,083.44 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 Patspin India (BOM:514326) Overvalued in 2026?

Based on GuruFocus' analysis, Patspin India stock appears to be undervalued. The current stock price of ₹6.60 is trading 79% below its estimated GF Value™ of ₹31.49. GuruFocus considers Patspin India to be Possible Value Trap.

Key valuation signals for BOM:514326:

  • Days Payable: 4,083.44 (1363% above median its 10-year median of 279.17)
  • GF Value™: ₹31.49 vs. price of ₹6.60 (79% below fair value)
  • GF Score™: 29/100 with 3 warning signs
  • Industry Position: 7418.1% above the Manufacturing - Apparel & Accessories median (#12 of 1020)

No single metric tells the full story. See the BOM:514326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patspin India Business Description

Address Palal Towers, M.G. Road, 3rd Floor, Ravipuram, Ernakulam, KL, IND, 682016
Patspin India Ltd is an India based company engaged engaged in manufacture and exports of yarn, both for domestic and international markets Its only segment being the Textile industry. The yarn is manufactured from long and extra-long staple cotton like American Supima, Egyptian Giza, Shankar-6, and DCH-32. The company manufactures yarns of various counts ranging from NE 20s to NE 100s.
29GF Score

Get the complete analysis for BOM:514326

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

₹6.60
Price
₹31.49
GF Value