Mohite Industries (BOM:532140) Days Payable: 14.38 (As of Mar. 2026) — 50% Below Median

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BOM:532140 Mohite Industries Ltd BOM:532140
57 GF Score
Price ₹2.94
GF Value ₹5.20
Valuation Possible Value Trap
! 5 Warning Signs
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What is Mohite Industries Days Payable?

Mohite Industries BOM:532140 +5.76% 57 Days Payable is 14.38 as of Mar. 2026, which is 50% below its 10-year median of 28.97. GuruFocus rates BOM:532140 with a GF Score™ of 57/100 and a GF Value™ of ₹5.20 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Mohite Industries ranks worse than 85.63% on this metric.

Mohite Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹25 Mil. Mohite Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹160 Mil. Hence, Mohite Industries's Days Payable for the three months ended in Mar. 2026 was 14.38.

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

BOM:532140' s Days Payable Range Over the Past 10 Years
Min: 17.06   Med: 28.97   Max: 62.15
Current: 20.61

During the past 13 years, Mohite Industries's highest Days Payable was 62.15. The lowest was 17.06. And the median was 28.97.

BOM:532140's Days Payable is ranked worse than
85.63% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18 vs BOM:532140: 20.61

Mohite Industries's Days Payable declined from Mar. 2025 (26.47) to Mar. 2026 (14.38). It may suggest that Mohite Industries accelerated paying its suppliers.


Mohite Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Mohite 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.

Mohite Industries Days Payable Chart

Mohite Industries 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 23.17 62.15 30.07 27.87 32.12

Mohite Industries 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 26.47 40.47 7.07 16.40 14.38

Mohite Industries Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Mohite 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.


Mohite Industries Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mohite Industries's Days Payable falls into.


BOM:532140
57GF Score
Mohite Industries Ltd BOM:532140
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mohite Industries 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.

Mohite Industries'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
=( (79.418 + 25.269) / 2 ) / 594.748*365
=52.3435 / 594.748*365
=32.12

Mohite Industries'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 + 25.269) / 1 ) / 160.393*365 / 4
=25.269 / 160.393*365 / 4
=14.38

* 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 14.38 mean?
Mohite Industries (BOM:532140) has a Days Payable of 14.38 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 Mohite Industries and its competitors. This is 50% below median its historical median of 28.97. Over the past decade, Mohite Industries' Days Payable has ranged from 17.06 to 62.15. According to the industry distribution chart, Mohite Industries ranks #870 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.6%.
Is Mohite Industries' Days Payable too high?
Mohite Industries' current Days Payable of 14.38 is 50% below median its 10-year median of 28.97. Over the past 10 years, this metric has ranged from a low of 17.06 to a high of 62.15. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Mohite Industries' value of 14.38 is 73.5% below this industry median. Based on the distribution chart, Mohite Industries ranks #870 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Mohite Industries has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mohite Industries' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mohite Industries ranks #870 out of 1016 companies for Days Payable. This places Mohite Industries in the lower half of its industry. The industry median Days Payable is 54.18. Mohite Industries' value of 14.38 is 73.5% below this benchmark. Historically, Mohite Industries' own Days Payable has ranged from 17.06 to 62.15 over the past decade. While the company's 10-year median is 28.97 vs. the industry median of 54.18, Mohite 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 54.18, based on 1,016 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. Mohite Industries's current Days Payable of 14.38 is 73.5% 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 Mohite Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mohite Industries's current Days Payable is 14.38, which is 50% below median its own 10-year median of 28.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mohite Industries stock overvalued right now?
Based on GuruFocus' analysis, Mohite Industries (BOM:532140) is currently considered Possible Value Trap. The stock's GF Value™ is ₹5.20, compared to a current price of ₹2.94 — trading 43.5% below its estimated fair value. The current Days Payable is 14.38, which is 50% below median its 10-year median of 28.97 and 73.5% below the Manufacturing - Apparel & Accessories industry median of 54.18. Mohite Industries' overall GF Score™ is 57/100 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 Mohite Industries (BOM:532140), the current Days Payable is 14.38 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 Mohite Industries (BOM:532140) Overvalued in 2026?

Based on GuruFocus' analysis, Mohite Industries stock appears to be undervalued. The current stock price of ₹2.94 is trading 43.5% below its estimated GF Value™ of ₹5.20. GuruFocus considers Mohite Industries to be Possible Value Trap.

Key valuation signals for BOM:532140:

  • Days Payable: 14.38 (50% below median its 10-year median of 28.97)
  • GF Value™: ₹5.20 vs. price of ₹2.94 (43.5% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 73.5% below the Manufacturing - Apparel & Accessories median (#870 of 1016)

No single metric tells the full story. See the BOM:532140 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mohite Industries Business Description

Address Parvati-Kunj, 250/B, Plot No. 1A, Nagala Park, Near Nagoba Mandir, Kolhapur, MH, IND, 416003
Mohite Industries Ltd is engaged in manufacturing cotton yarn. It operates in two segments, namely textile manufacturing and hydroelectric power generation. In textiles, the company produces and exports cotton yarns, including slub and compact cotton yarns, with a range of counts catering to various markets. It also manufactures gray knitted fabrics. In the hydroelectric segment, the company runs power projects that generates electricity. Mohite Industries generates revenue from the sale of its cotton yarns and knitted fabrics domestically and internationally, alongside income from hydroelectric power production. Its geographical focus is mainly in India, with export markets contributing to sales.
57GF Score

Get the complete analysis for BOM:532140

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

₹2.94
Price
₹5.20
GF Value