Rishi Techtex (BOM:523021) Days Payable: 38.40 (As of Mar. 2026) — 15% Below Median

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BOM:523021 Rishi Techtex Ltd BOM:523021
69 GF Score
Price ₹40.81
GF Value ₹58.40
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Rishi Techtex Days Payable?

Rishi Techtex BOM:523021 +5.13% 69 Days Payable is 38.40 as of Mar. 2026, which is 15% below its 10-year median of 44.96. GuruFocus rates BOM:523021 with a GF Score™ of 69/100 and a GF Value™ of ₹58.40 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 383 Packaging & Containers companies, Rishi Techtex ranks worse than 69.71% on this metric.

Rishi Techtex's average Accounts Payable for the three months ended in Mar. 2026 was ₹132 Mil. Rishi Techtex's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹314 Mil. Hence, Rishi Techtex's Days Payable for the three months ended in Mar. 2026 was 38.40.

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

BOM:523021' s Days Payable Range Over the Past 10 Years
Min: 38.95   Med: 44.96   Max: 79.84
Current: 41.62

During the past 13 years, Rishi Techtex's highest Days Payable was 79.84. The lowest was 38.95. And the median was 44.96.

BOM:523021's Days Payable is ranked worse than
69.71% of 383 companies
in the Packaging & Containers industry
Industry Median: 57.27 vs BOM:523021: 41.62

Rishi Techtex's Days Payable declined from Mar. 2025 (39.21) to Mar. 2026 (38.40). It may suggest that Rishi Techtex accelerated paying its suppliers.


Rishi Techtex Days Payable Historical Data

* Premium members only.

The historical data trend for Rishi 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.

Rishi Techtex Days Payable Chart

Rishi 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 38.95 40.48 41.61 41.03 41.48

Rishi 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 39.21 46.74 39.11 44.36 38.40

BOM:523021 vs SW, PKG, IP: Days Payable Comparison

For the Packaging & Containers subindustry, Rishi 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.


Rishi Techtex Days Payable vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rishi Techtex's Days Payable distribution charts can be found below:

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


BOM:523021
69GF Score
Rishi Techtex Ltd BOM:523021
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rishi 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.

Rishi 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
=( (110.599 + 132.14) / 2 ) / 1068.108*365
=121.3695 / 1068.108*365
=41.48

Rishi 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 + 132.14) / 1 ) / 313.984*365 / 4
=132.14 / 313.984*365 / 4
=38.40

* 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 38.40 mean?
Rishi Techtex (BOM:523021) has a Days Payable of 38.40 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 Rishi Techtex and its competitors. This is 15% below median its historical median of 44.96. Over the past decade, Rishi Techtex's Days Payable has ranged from 38.95 to 79.84. According to the industry distribution chart, Rishi Techtex ranks #267 out of 383 companies in the Packaging & Containers industry, placing it in the top 69.7%.
Is Rishi Techtex's Days Payable too high?
Rishi Techtex's current Days Payable of 38.40 is 15% below median its 10-year median of 44.96. Over the past 10 years, this metric has ranged from a low of 38.95 to a high of 79.84. The Packaging & Containers industry median Days Payable is 57.27. Rishi Techtex's value of 38.40 is 32.9% below this industry median. Based on the distribution chart, Rishi Techtex ranks #267 out of 383 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Rishi Techtex has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rishi Techtex's Days Payable compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Rishi Techtex ranks #267 out of 383 companies for Days Payable. This places Rishi Techtex in the lower half of its industry. The industry median Days Payable is 57.27. Rishi Techtex's value of 38.40 is 32.9% below this benchmark. Historically, Rishi Techtex's own Days Payable has ranged from 38.95 to 79.84 over the past decade. While the company's 10-year median is 44.96 vs. the industry median of 57.27, Rishi Techtex 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 383 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. Rishi Techtex's current Days Payable of 38.40 is 32.9% 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 Rishi Techtex and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rishi Techtex's current Days Payable is 38.40, which is 15% below median its own 10-year median of 44.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rishi Techtex stock overvalued right now?
Based on GuruFocus' analysis, Rishi Techtex (BOM:523021) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹58.40, compared to a current price of ₹40.81 — trading 30.1% below its estimated fair value. The current Days Payable is 38.40, which is 15% below median its 10-year median of 44.96 and 32.9% below the Packaging & Containers industry median of 57.27. Rishi Techtex's overall GF Score™ is 69/100 with 2 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 Rishi Techtex (BOM:523021), the current Days Payable is 38.40 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 Rishi Techtex (BOM:523021) Overvalued in 2026?

Based on GuruFocus' analysis, Rishi Techtex stock appears to be undervalued. The current stock price of ₹40.81 is trading 30.1% below its estimated GF Value™ of ₹58.40. GuruFocus considers Rishi Techtex to be Significantly Undervalued.

Key valuation signals for BOM:523021:

  • Days Payable: 38.40 (15% below median its 10-year median of 44.96)
  • GF Value™: ₹58.40 vs. price of ₹40.81 (30.1% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 32.9% below the Packaging & Containers median (#267 of 383)

No single metric tells the full story. See the BOM:523021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rishi Techtex Business Description

Address 10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011
Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in manufacturing of Shade nets and Plastic Woven Sacks and supplying to fertilizer and cement industry. Company has developed number of products to cater to a wide spectrum of industries such as cement, fertilizer, chemical Petrochemical, etc. The Company is operating in single reportable segment of Technical Textile.
69GF Score

Get the complete analysis for BOM:523021

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

₹40.81
Price
₹58.40
GF Value