Premco GlobalBOM:530331 +0.66%61 Days Payable is 40.97 as of Mar. 2026, which is 25% above its 10-year median of 32.68. GuruFocus rates BOM:530331 with a GF Score™ of 61/100 and a GF Value™ of ₹401.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Premco Global ranks worse than 59.72% on this metric.
The historical rank and industry rank for Premco Global's Days Payable or its related term are showing as below:
BOM:530331'
s Days Payable Range Over the Past 10 Years
Min: 25.68 Med: 32.68 Max: 47.91
Current: 43.7
During the past 13 years, Premco Global's highest Days Payable was 47.91. The lowest was 25.68. And the median was 32.68.
BOM:530331's Days Payable is ranked worse than 59.72% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99
vs BOM:530331: 43.70
Premco Global's Days Payable
declined
from Mar. 2025 (43.16) to Mar. 2026 (40.97).
It may suggest that Premco Globalaccelerated paying its suppliers.
Premco Global Days Payable Related Terms
Premco Global Days Payable Historical Data
* Premium members only.
The historical data trend for Premco Global'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.
For the Textile Manufacturing subindustry, Premco Global'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.
Premco Global Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Premco Global's Days Payable distribution charts can be found below:
* The bar in red indicates where Premco Global'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.
Premco Global'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.
Premco Global (BOM:530331) has a Days Payable of 40.97 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 Premco Global and its competitors. This is 25% above median its historical median of 32.68. Over the past decade, Premco Global's Days Payable has ranged from 25.68 to 47.91. According to the industry distribution chart, Premco Global ranks #605 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.7%.
Is Premco Global's Days Payable too high?
Premco Global's current Days Payable of 40.97 is 25% above median its 10-year median of 32.68. Over the past 10 years, this metric has ranged from a low of 25.68 to a high of 47.91. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Premco Global's value of 40.97 is 24.1% below this industry median. Based on the distribution chart, Premco Global ranks #605 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Premco Global has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Premco Global's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Premco Global ranks #605 out of 1013 companies for Days Payable. This places Premco Global in the lower half of its industry. The industry median Days Payable is 53.99. Premco Global's value of 40.97 is 24.1% below this benchmark. Historically, Premco Global's own Days Payable has ranged from 25.68 to 47.91 over the past decade. While the company's 10-year median is 32.68 vs. the industry median of 53.99, Premco Global 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 53.99, based on 1,013 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. Premco Global's current Days Payable of 40.97 is 24.1% 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 Premco Global and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premco Global's current Days Payable is 40.97, which is 25% above median its own 10-year median of 32.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premco Global stock overvalued right now?
Based on GuruFocus' analysis, Premco Global (BOM:530331) is currently considered Fairly Valued. The stock's GF Value™ is ₹401.38, compared to a current price of ₹371.55 — trading 7.4% below its estimated fair value. The current Days Payable is 40.97, which is 25% above median its 10-year median of 32.68 and 24.1% below the Manufacturing - Apparel & Accessories industry median of 53.99. Premco Global's overall GF Score™ is 61/100 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 Premco Global (BOM:530331), the current Days Payable is 40.97 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 Premco Global (BOM:530331) Overvalued in 2026?
Based on GuruFocus' analysis, Premco Global stock appears to be undervalued.
The current stock price of ₹371.55 is trading 7.4% below its estimated GF Value™ of ₹401.38.
GuruFocus considers Premco Global to be Fairly Valued.
Key valuation signals for BOM:530331:
Days Payable: 40.97 (25% above median its 10-year median of 32.68)
GF Value™: ₹401.38 vs. price of ₹371.55 (7.4% below fair value)
Industry Position: 24.1% below the Manufacturing - Apparel & Accessories median (#605 of 1013)
No single metric tells the full story. See the BOM:530331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premco Global Ltd is a company that is engaged in manufacturing woven and knitted elastic tapes, and other activities. Its product portfolio includes Name tapes and plain tapes; Buttonholes, rigid tapes and medical tapes and Panty and shoulder elastics. Geographically, it derives a majority of revenue from India.
61GF Score
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