What is Veejay Lakshmi Engineering Works Days Payable?
Veejay Lakshmi Engineering WorksBOM:522267 +1.60%50 Days Payable is 23.78 as of Mar. 2026, which is 21% below its 10-year median of 30.25. GuruFocus rates BOM:522267 with a GF Score™ of 50/100 and a GF Value™ of ₹56.61 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Veejay Lakshmi Engineering Works ranks worse than 85.42% on this metric.
The historical rank and industry rank for Veejay Lakshmi Engineering Works's Days Payable or its related term are showing as below:
BOM:522267'
s Days Payable Range Over the Past 10 Years
Min: 15.36 Med: 30.25 Max: 65.65
Current: 20.63
During the past 13 years, Veejay Lakshmi Engineering Works's highest Days Payable was 65.65. The lowest was 15.36. And the median was 30.25.
BOM:522267's Days Payable is ranked worse than 85.42% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs BOM:522267: 20.63
* 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.
Veejay Lakshmi Engineering Works Days Payable Chart
Veejay Lakshmi Engineering Works Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Veejay Lakshmi Engineering Works'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.
Veejay Lakshmi Engineering Works Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Veejay Lakshmi Engineering Works's Days Payable distribution charts can be found below:
* The bar in red indicates where Veejay Lakshmi Engineering Works's Days Payable falls into.
Veejay Lakshmi Engineering Works 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.
Veejay Lakshmi Engineering Works (BOM:522267) has a Days Payable of 23.78 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 Veejay Lakshmi Engineering Works and its competitors. This is 21% below median its historical median of 30.25. Over the past decade, Veejay Lakshmi Engineering Works' Days Payable has ranged from 15.36 to 65.65. According to the industry distribution chart, Veejay Lakshmi Engineering Works ranks #867 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.4%.
Is Veejay Lakshmi Engineering Works' Days Payable too high?
Veejay Lakshmi Engineering Works' current Days Payable of 23.78 is 21% below median its 10-year median of 30.25. Over the past 10 years, this metric has ranged from a low of 15.36 to a high of 65.65. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Veejay Lakshmi Engineering Works' value of 23.78 is 56.1% below this industry median. Based on the distribution chart, Veejay Lakshmi Engineering Works ranks #867 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Veejay Lakshmi Engineering Works has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Veejay Lakshmi Engineering Works' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Veejay Lakshmi Engineering Works ranks #867 out of 1015 companies for Days Payable. This places Veejay Lakshmi Engineering Works in the lower half of its industry. The industry median Days Payable is 54.22. Veejay Lakshmi Engineering Works' value of 23.78 is 56.1% below this benchmark. Historically, Veejay Lakshmi Engineering Works' own Days Payable has ranged from 15.36 to 65.65 over the past decade. While the company's 10-year median is 30.25 vs. the industry median of 54.22, Veejay Lakshmi Engineering Works 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 54.22, 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. Veejay Lakshmi Engineering Works's current Days Payable of 23.78 is 56.1% 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 Veejay Lakshmi Engineering Works 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. Veejay Lakshmi Engineering Works's current Days Payable is 23.78, which is 21% below median its own 10-year median of 30.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veejay Lakshmi Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Veejay Lakshmi Engineering Works (BOM:522267) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.61, compared to a current price of ₹37.54 — trading 33.7% below its estimated fair value. The current Days Payable is 23.78, which is 21% below median its 10-year median of 30.25 and 56.1% below the Manufacturing - Apparel & Accessories industry median of 54.22. Veejay Lakshmi Engineering Works' overall GF Score™ is 50/100 with 6 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 Veejay Lakshmi Engineering Works (BOM:522267), the current Days Payable is 23.78 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 Veejay Lakshmi Engineering Works (BOM:522267) Overvalued in 2026?
Based on GuruFocus' analysis, Veejay Lakshmi Engineering Works stock appears to be undervalued.
The current stock price of ₹37.54 is trading 33.7% below its estimated GF Value™ of ₹56.61.
GuruFocus considers Veejay Lakshmi Engineering Works to be Possible Value Trap.
Key valuation signals for BOM:522267:
Days Payable: 23.78 (21% below median its 10-year median of 30.25)
GF Value™: ₹56.61 vs. price of ₹37.54 (33.7% below fair value)
Industry Position: 56.1% below the Manufacturing - Apparel & Accessories median (#867 of 1015)
No single metric tells the full story. See the BOM:522267 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veejay Lakshmi Engineering Works Business Description
Veejay Lakshmi Engineering Works Ltd is an Indian company that operates in the textile industry. The operating segment of the company includes Engineering and Textile. It generates maximum revenue from the Textile segment. The Textile Division is engaged in producing yarn and fabrics. Its Engineering Division is engaged in producing Two for One Twisters and Assembly Winders.
50GF Score
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