Kandagiri Spinning Mills (BOM:521242) Days Payable: 0.14 (As of Mar. 2026) — 100% Below Median

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BOM:521242 Kandagiri Spinning Mills Ltd BOM:521242
28 GF Score
Price ₹41.59
GF Value ₹31.73
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Kandagiri Spinning Mills Days Payable?

Kandagiri Spinning Mills BOM:521242 28 Days Payable is 0.14 as of Mar. 2026, which is 100% below its 10-year median of 188.03. GuruFocus rates BOM:521242 with a GF Score™ of 28/100 and a GF Value™ of ₹31.73 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Kandagiri Spinning Mills ranks better than 85.07% on this metric.

Kandagiri Spinning Mills's average Accounts Payable for the three months ended in Mar. 2026 was ₹0.01 Mil. Kandagiri Spinning Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4.65 Mil. Hence, Kandagiri Spinning Mills's Days Payable for the three months ended in Mar. 2026 was 0.14.

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

BOM:521242' s Days Payable Range Over the Past 10 Years
Min: 33.53   Med: 188.03   Max: 636.25
Current: 140.19

During the past 13 years, Kandagiri Spinning Mills's highest Days Payable was 636.25. The lowest was 33.53. And the median was 188.03.

BOM:521242's Days Payable is ranked better than
85.07% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265 vs BOM:521242: 140.19

Kandagiri Spinning Mills's Days Payable declined from Mar. 2025 (86.33) to Mar. 2026 (0.14). It may suggest that Kandagiri Spinning Mills accelerated paying its suppliers.


Kandagiri Spinning Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Kandagiri 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.

Kandagiri Spinning Mills Days Payable Chart

Kandagiri 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 304.52 636.25 590.85 292.77 83.29

Kandagiri 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 86.33 121.48 184.68 1,581.31 0.14

Kandagiri Spinning Mills Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Kandagiri 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.


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

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

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


BOM:521242
28GF Score
Kandagiri Spinning Mills Ltd BOM:521242
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kandagiri 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.

Kandagiri 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
=( (7.755 + 0.007) / 2 ) / 17.008*365
=3.881 / 17.008*365
=83.29

Kandagiri 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 + 0.007) / 1 ) / 4.653*365 / 4
=0.007 / 4.653*365 / 4
=0.14

* 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 0.14 mean?
Kandagiri Spinning Mills (BOM:521242) has a Days Payable of 0.14 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 Kandagiri Spinning Mills and its competitors. This is 100% below median its historical median of 188.03. Over the past decade, Kandagiri Spinning Mills' Days Payable has ranged from 33.53 to 636.25. According to the industry distribution chart, Kandagiri Spinning Mills ranks #152 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.9%.
Is Kandagiri Spinning Mills' Days Payable too high?
Kandagiri Spinning Mills' current Days Payable of 0.14 is 100% below median its 10-year median of 188.03. Over the past 10 years, this metric has ranged from a low of 33.53 to a high of 636.25. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Kandagiri Spinning Mills' value of 0.14 is 99.7% below this industry median. Based on the distribution chart, Kandagiri Spinning Mills ranks #152 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Kandagiri Spinning Mills has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kandagiri Spinning Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kandagiri Spinning Mills ranks #152 out of 1018 companies for Days Payable. This places Kandagiri Spinning Mills in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.27. Kandagiri Spinning Mills' value of 0.14 is 99.7% below this benchmark. Historically, Kandagiri Spinning Mills' own Days Payable has ranged from 33.53 to 636.25 over the past decade. While the company's 10-year median is 188.03 vs. the industry median of 54.27, Kandagiri Spinning Mills has consistently been below 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 54.27, based on 1,018 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. Kandagiri Spinning Mills's current Days Payable of 0.14 is 99.7% below 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 Kandagiri Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandagiri Spinning Mills's current Days Payable is 0.14, which is 100% below median its own 10-year median of 188.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandagiri Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Kandagiri Spinning Mills (BOM:521242) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹31.73, compared to a current price of ₹41.59 — trading 31.1% above its estimated fair value. The current Days Payable is 0.14, which is 100% below median its 10-year median of 188.03 and 99.7% below the Manufacturing - Apparel & Accessories industry median of 54.27. Kandagiri Spinning Mills' overall GF Score™ is 28/100 with 8 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 Kandagiri Spinning Mills (BOM:521242), the current Days Payable is 0.14 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 Kandagiri Spinning Mills (BOM:521242) Overvalued in 2026?

Based on GuruFocus' analysis, Kandagiri Spinning Mills stock appears to be overvalued. The current stock price of ₹41.59 is trading 31.1% above its estimated GF Value™ of ₹31.73. GuruFocus considers Kandagiri Spinning Mills to be Significantly Overvalued.

Key valuation signals for BOM:521242:

  • Days Payable: 0.14 (100% below median its 10-year median of 188.03)
  • GF Value™: ₹31.73 vs. price of ₹41.59 (31.1% above fair value)
  • GF Score™: 28/100 with 8 warning signs
  • Industry Position: 99.7% below the Manufacturing - Apparel & Accessories median (#152 of 1018)

No single metric tells the full story. See the BOM:521242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kandagiri Spinning Mills Business Description

Address Mill Premises, Post Box No. 3, Udayapatti P.O, Salem, TN, IND, 636 140
Kandagiri Spinning Mills Ltd is engaged in the trading of cotton yarn. The company's primary segment is identified as a business segment based on the nature of products, risk, returns, and internal reporting business systems. The company is principally engaged in a single business segment: trading of cotton yarn. The majority of revenue is received from the sale of products.
28GF Score

Get the complete analysis for BOM:521242

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

₹41.59
Price
₹31.73
GF Value