Candour Techtex (BOM:522292) Days Payable: 128.37 (As of Mar. 2026) — 166% Above Median

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BOM:522292 Candour Techtex Ltd BOM:522292
48 GF Score
Price ₹78.88
GF Value ₹25.64
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Candour Techtex Days Payable?

Candour Techtex BOM:522292 -1.79% 48 Days Payable is 128.37 as of Mar. 2026, which is 166% above its 10-year median of 48.27. GuruFocus rates BOM:522292 with a GF Score™ of 48/100 and a GF Value™ of ₹25.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,994 Industrial Products companies, Candour Techtex ranks worse than 60.09% on this metric.

Candour Techtex's average Accounts Payable for the three months ended in Mar. 2026 was ₹60.0 Mil. Candour Techtex's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹42.6 Mil. Hence, Candour Techtex's Days Payable for the three months ended in Mar. 2026 was 128.37.

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

BOM:522292' s Days Payable Range Over the Past 10 Years
Min: 6.71   Med: 48.27   Max: 955.58
Current: 61.93

During the past 13 years, Candour Techtex's highest Days Payable was 955.58. The lowest was 6.71. And the median was 48.27.

BOM:522292's Days Payable is ranked worse than
60.09% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs BOM:522292: 61.93

Candour Techtex's Days Payable increased from Mar. 2025 (18.87) to Mar. 2026 (128.37). It may suggest that Candour Techtex delayed paying its suppliers.


Candour Techtex Days Payable Historical Data

* Premium members only.

The historical data trend for Candour Techtex'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.

Candour Techtex Days Payable Chart

Candour Techtex 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 34.95 19.49 6.71 15.01 61.59

Candour Techtex 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 18.87 30.33 91.01 169.04 128.37

BOM:522292 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Candour Techtex'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.


Candour Techtex Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Candour Techtex's Days Payable distribution charts can be found below:

* The bar in red indicates where Candour Techtex's Days Payable falls into.


BOM:522292
48GF Score
Candour Techtex Ltd BOM:522292
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Candour Techtex 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.

Candour Techtex'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
=( (106.147 + 59.977) / 2 ) / 492.287*365
=83.062 / 492.287*365
=61.59

Candour Techtex'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 + 59.977) / 1 ) / 42.633*365 / 4
=59.977 / 42.633*365 / 4
=128.37

* 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 128.37 mean?
Candour Techtex (BOM:522292) has a Days Payable of 128.37 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 Candour Techtex and its competitors. This is 166% above median its historical median of 48.27. Over the past decade, Candour Techtex's Days Payable has ranged from 6.71 to 955.58. According to the industry distribution chart, Candour Techtex ranks #1799 out of 2994 companies in the Industrial Products industry, placing it in the top 60.1%.
Is Candour Techtex's Days Payable too high?
Candour Techtex's current Days Payable of 128.37 is 166% above median its 10-year median of 48.27. Over the past 10 years, this metric has ranged from a low of 6.71 to a high of 955.58. The Industrial Products industry median Days Payable is 78.05. Candour Techtex's value of 128.37 is 64.5% above this industry median. Based on the distribution chart, Candour Techtex ranks #1799 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Candour Techtex has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Candour Techtex's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Candour Techtex ranks #1799 out of 2994 companies for Days Payable. This places Candour Techtex in the lower half of its industry. The industry median Days Payable is 78.05. Candour Techtex's value of 128.37 is 64.5% above this benchmark. Historically, Candour Techtex's own Days Payable has ranged from 6.71 to 955.58 over the past decade. While the company's 10-year median is 48.27 vs. the industry median of 78.05, Candour Techtex 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. Candour Techtex's current Days Payable of 128.37 is 64.5% 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 Candour Techtex and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candour Techtex's current Days Payable is 128.37, which is 166% above median its own 10-year median of 48.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candour Techtex stock overvalued right now?
Based on GuruFocus' analysis, Candour Techtex (BOM:522292) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹25.64, compared to a current price of ₹78.88 — trading 207.6% above its estimated fair value. The current Days Payable is 128.37, which is 166% above median its 10-year median of 48.27 and 64.5% above the Industrial Products industry median of 78.05. Candour Techtex's overall GF Score™ is 48/100 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 Candour Techtex (BOM:522292), the current Days Payable is 128.37 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 Candour Techtex (BOM:522292) Overvalued in 2026?

Based on GuruFocus' analysis, Candour Techtex stock appears to be overvalued. The current stock price of ₹78.88 is trading 207.6% above its estimated GF Value™ of ₹25.64. GuruFocus considers Candour Techtex to be Significantly Overvalued.

Key valuation signals for BOM:522292:

  • Days Payable: 128.37 (166% above median its 10-year median of 48.27)
  • GF Value™: ₹25.64 vs. price of ₹78.88 (207.6% above fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 64.5% above the Industrial Products median (#1799 of 2994)

No single metric tells the full story. See the BOM:522292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Candour Techtex Business Description

Address 52, S.K. Ahire Marg, 108/109, T.V. Industrial Estate, Worli, Mumbai, MH, IND, 400 030
Candour Techtex Ltd deals in diversified business activities, primarily in the manufacturing and trading of textiles, plastics and other items. In addition, it also manufactures velvet fabrics. The operating segments of the company are the Textile division; Plastic division, Trading Division and Technical Textiles Division. It derives maximum revenue from the Trading division. The organization also manufactures plastic crates and other allied plastic products. The company has business operations in India and internationally. Its product offerings comprise die-casting machines, Injection Moulding Machines, and Rubber Injection Moulding machines, among others.
48GF Score

Get the complete analysis for BOM:522292

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

₹78.88
Price
₹25.64
GF Value