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Rainbow Denim's Days Payable
declined
from Mar. 2025 (16.73) to Mar. 2026 (2.23).
It may suggest that Rainbow Denimaccelerated paying its suppliers.
Rainbow Denim Days Payable Related Terms
Rainbow Denim Days Payable Historical Data
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The historical data trend for Rainbow Denim'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, Rainbow Denim'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.
Rainbow Denim Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Rainbow Denim's Days Payable distribution charts can be found below:
* The bar in red indicates where Rainbow Denim'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.
Rainbow Denim'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.
Rainbow Denim (BOM:532441) has a Days Payable of 2.23 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 Rainbow Denim and its competitors. This is 99% below median its historical median of 214.71. Over the past decade, Rainbow Denim's Days Payable has ranged from 9.29 to 25,323.20.
Is Rainbow Denim's Days Payable too high?
Rainbow Denim's current Days Payable of 2.23 is 99% below median its 10-year median of 214.71. Over the past 10 years, this metric has ranged from a low of 9.29 to a high of 25,323.20. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Rainbow Denim's value of 2.23 is 95.9% below this industry median. Overall, Rainbow Denim has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Rainbow Denim's Days Payable compare to AIN?
Rainbow Denim's Days Payable of 2.23 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.27. Rainbow Denim's value of 2.23 is 95.9% below this benchmark. Historically, Rainbow Denim's own Days Payable has ranged from 9.29 to 25,323.20 over the past decade. While the company's 10-year median is 214.71 vs. the industry median of 54.27, Rainbow Denim 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 1,018 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. Rainbow Denim's current Days Payable of 2.23 is 95.9% 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 Rainbow Denim 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. Rainbow Denim's current Days Payable is 2.23, which is 99% below median its own 10-year median of 214.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rainbow Denim stock overvalued right now?
Rainbow Denim (BOM:532441) has a current Days Payable of 2.23. The current Days Payable is 2.23, which is 99% below median its 10-year median of 214.71 and 95.9% below the Manufacturing - Apparel & Accessories industry median of 54.27. Rainbow Denim's overall GF Score™ is 4/100 with 6 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 Rainbow Denim (BOM:532441), the current Days Payable is 2.23 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.
Rainbow Denim Ltd is an Indian firm operating in the textile industry. It is principally engaged in the single segment of manufacturing and distribution of denim fabric. Its product range consists of crosshatch denim, slubby denim, structured (dobby) denim, polyester filament weft denim, multi-count denim fabrics, doubled yarn warp denim, and silky denim and others.
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