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Acknit IndustriesBOM:530043 +0.38%70 Days Payable is 31.82 as of Mar. 2026, which is 23% below its 10-year median of 41.54. GuruFocus rates BOM:530043 with a GF Score™ of 70/100 and a GF Value™ of ₹294.84 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Acknit Industries ranks worse than 61.76% on this metric.
The historical rank and industry rank for Acknit Industries's Days Payable or its related term are showing as below:
BOM:530043'
s Days Payable Range Over the Past 10 Years
Min: 33.83 Med: 41.54 Max: 60.25
Current: 42.87
During the past 13 years, Acknit Industries's highest Days Payable was 60.25. The lowest was 33.83. And the median was 41.54.
BOM:530043's Days Payable is ranked worse than 61.76% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265
vs BOM:530043: 42.87
Acknit Industries's Days Payable
declined
from Mar. 2025 (39.20) to Mar. 2026 (31.82).
It may suggest that Acknit Industriesaccelerated paying its suppliers.
Acknit Industries Days Payable Related Terms
Acknit Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Acknit Industries'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.
BOM:530043 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Acknit Industries'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.
Acknit Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Acknit Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Acknit Industries's Days Payable falls into.
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.
Acknit Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Acknit Industries (BOM:530043) has a Days Payable of 31.82 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 Acknit Industries and its competitors. This is 23% below median its historical median of 41.54. Over the past decade, Acknit Industries' Days Payable has ranged from 33.83 to 60.25. According to the industry distribution chart, Acknit Industries ranks #630 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.8%.
Is Acknit Industries' Days Payable too high?
Acknit Industries' current Days Payable of 31.82 is 23% below median its 10-year median of 41.54. Over the past 10 years, this metric has ranged from a low of 33.83 to a high of 60.25. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Acknit Industries' value of 31.82 is 41.4% below this industry median. Based on the distribution chart, Acknit Industries ranks #630 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Acknit Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Acknit Industries' Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Acknit Industries ranks #630 out of 1020 companies for Days Payable. This places Acknit Industries in the lower half of its industry. The industry median Days Payable is 54.27. Acknit Industries' value of 31.82 is 41.4% below this benchmark. Historically, Acknit Industries' own Days Payable has ranged from 33.83 to 60.25 over the past decade. While the company's 10-year median is 41.54 vs. the industry median of 54.27, Acknit Industries 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 1,020 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. Acknit Industries's current Days Payable of 31.82 is 41.4% 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 Acknit Industries 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. Acknit Industries's current Days Payable is 31.82, which is 23% below median its own 10-year median of 41.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acknit Industries stock overvalued right now?
Based on GuruFocus' analysis, Acknit Industries (BOM:530043) is currently considered Fairly Valued. The stock's GF Value™ is ₹294.84, compared to a current price of ₹306.15 — trading 3.8% above its estimated fair value. The current Days Payable is 31.82, which is 23% below median its 10-year median of 41.54 and 41.4% below the Manufacturing - Apparel & Accessories industry median of 54.27. Acknit Industries' overall GF Score™ is 70/100 with 5 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 Acknit Industries (BOM:530043), the current Days Payable is 31.82 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 Acknit Industries (BOM:530043) Overvalued in 2026?
Based on GuruFocus' analysis, Acknit Industries stock appears to be overvalued.
The current stock price of ₹306.15 is trading 3.8% above its estimated GF Value™ of ₹294.84.
GuruFocus considers Acknit Industries to be Fairly Valued.
Key valuation signals for BOM:530043:
Days Payable: 31.82 (23% below median its 10-year median of 41.54)
GF Value™: ₹294.84 vs. price of ₹306.15 (3.8% above fair value)
Industry Position: 41.4% below the Manufacturing - Apparel & Accessories median (#630 of 1020)
No single metric tells the full story. See the BOM:530043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acknit Industries Ltd manufactures all types of garments, gloves, and other apparel products. The company operates through four segments namely Hand gloves, Garments, Other & traded items, and the Power generation segment. Majority of the firm's revenue derives from the Hand Gloves segment which consists of cut and sewn dipped gloves, seamless dipped gloves, Canadian/ welder/ driver gloves, Cut resistant gloves, heat resistant gloves, and kevlar leather gloves.
70GF Score
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