Gini Silk Mills (BOM:531744) Days Payable: 126.28 (As of Mar. 2026) — 118% Above Median

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BOM:531744 Gini Silk Mills Ltd BOM:531744
77 GF Score
Price ₹54.11
GF Value ₹68.85
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Gini Silk Mills Days Payable?

Gini Silk Mills BOM:531744 -2.50% 77 Days Payable is 126.28 as of Mar. 2026, which is 118% above its 10-year median of 57.88. GuruFocus rates BOM:531744 with a GF Score™ of 77/100 and a GF Value™ of ₹68.85 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Gini Silk Mills ranks better than 82.14% on this metric.

Gini Silk Mills's average Accounts Payable for the three months ended in Mar. 2026 was ₹40.4 Mil. Gini Silk Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹29.2 Mil. Hence, Gini Silk Mills's Days Payable for the three months ended in Mar. 2026 was 126.28.

The historical rank and industry rank for Gini Silk Mills's Days Payable or its related term are showing as below:

BOM:531744' s Days Payable Range Over the Past 10 Years
Min: 33.53   Med: 57.88   Max: 128.22
Current: 123.62

During the past 13 years, Gini Silk Mills's highest Days Payable was 128.22. The lowest was 33.53. And the median was 57.88.

BOM:531744's Days Payable is ranked better than
82.14% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.32 vs BOM:531744: 123.62

Gini Silk Mills's Days Payable increased from Mar. 2025 (100.35) to Mar. 2026 (126.28). It may suggest that Gini Silk Mills delayed paying its suppliers.


Gini Silk Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Gini Silk Mills'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.

Gini Silk Mills Days Payable Chart

Gini Silk Mills 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 60.57 59.38 56.38 118.04 128.22

Gini Silk Mills 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 100.35 135.51 99.07 129.86 126.28

Gini Silk Mills Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Gini Silk Mills'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.


Gini Silk Mills Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gini Silk Mills's Days Payable distribution charts can be found below:

* The bar in red indicates where Gini Silk Mills's Days Payable falls into.


BOM:531744
77GF Score
Gini Silk Mills Ltd BOM:531744
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gini Silk Mills 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.

Gini Silk Mills'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
=( (37.718 + 40.42) / 2 ) / 111.219*365
=39.069 / 111.219*365
=128.22

Gini Silk Mills'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 + 40.42) / 1 ) / 29.208*365 / 4
=40.42 / 29.208*365 / 4
=126.28

* 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 126.28 mean?
Gini Silk Mills (BOM:531744) has a Days Payable of 126.28 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 Gini Silk Mills and its competitors. This is 118% above median its historical median of 57.88. Over the past decade, Gini Silk Mills' Days Payable has ranged from 33.53 to 128.22. According to the industry distribution chart, Gini Silk Mills ranks #182 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.9%.
Is Gini Silk Mills' Days Payable too high?
Gini Silk Mills' current Days Payable of 126.28 is 118% above median its 10-year median of 57.88. Over the past 10 years, this metric has ranged from a low of 33.53 to a high of 128.22. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.32. Gini Silk Mills' value of 126.28 is 132.5% above this industry median. Based on the distribution chart, Gini Silk Mills ranks #182 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Gini Silk Mills has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gini Silk Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gini Silk Mills ranks #182 out of 1019 companies for Days Payable. This places Gini Silk Mills in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.32. Gini Silk Mills' value of 126.28 is 132.5% above this benchmark. Historically, Gini Silk Mills' own Days Payable has ranged from 33.53 to 128.22 over the past decade. While the company's 10-year median is 57.88 vs. the industry median of 54.32, Gini Silk Mills 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 a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.32, based on 1,019 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. Gini Silk Mills's current Days Payable of 126.28 is 132.5% 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 Gini Silk Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gini Silk Mills's current Days Payable is 126.28, which is 118% above median its own 10-year median of 57.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gini Silk Mills stock overvalued right now?
Based on GuruFocus' analysis, Gini Silk Mills (BOM:531744) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹68.85, compared to a current price of ₹54.11 — trading 21.4% below its estimated fair value. The current Days Payable is 126.28, which is 118% above median its 10-year median of 57.88 and 132.5% above the Manufacturing - Apparel & Accessories industry median of 54.32. Gini Silk Mills' overall GF Score™ is 77/100 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 Gini Silk Mills (BOM:531744), the current Days Payable is 126.28 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 Gini Silk Mills (BOM:531744) Overvalued in 2026?

Based on GuruFocus' analysis, Gini Silk Mills stock appears to be undervalued. The current stock price of ₹54.11 is trading 21.4% below its estimated GF Value™ of ₹68.85. GuruFocus considers Gini Silk Mills to be Modestly Undervalued.

Key valuation signals for BOM:531744:

  • Days Payable: 126.28 (118% above median its 10-year median of 57.88)
  • GF Value™: ₹68.85 vs. price of ₹54.11 (21.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 132.5% above the Manufacturing - Apparel & Accessories median (#182 of 1019)

No single metric tells the full story. See the BOM:531744 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gini Silk Mills Business Description

Address J. R. Boricha Marg, 413, Tantia Jogani Industrial Estate Premises, Opposite Kasturba Hospital, Sitaram Mill Compound, Lower Parel (East), Mumbai, MH, IND, 400011
Gini Silk Mills Ltd is engaged in the textile industry. It offers fabrics including cotton, linens, polyester viscose blends and cotton blends in plains, twills and dobby designs in different finishes. The company provides miniature boxes with combinations of pant and shirt pieces, safaris, and suit lengths for gifting purposes. The company generates the majority of its revenue from the sale of fabrics.
77GF Score

Get the complete analysis for BOM:531744

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

₹54.11
Price
₹68.85
GF Value