E-Land Apparel (BOM:532820) Days Payable: 51.09 (As of Mar. 2026) — 31% Below Median

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BOM:532820 E-Land Apparel Ltd BOM:532820
52 GF Score
Price ₹13.44
GF Value ₹13.30
Valuation Fairly Valued
! 5 Warning Signs
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What is E-Land Apparel Days Payable?

E-Land Apparel BOM:532820 +4.19% 52 Days Payable is 51.09 as of Mar. 2026, which is 31% below its 10-year median of 74.14. GuruFocus rates BOM:532820 with a GF Score™ of 52/100 and a GF Value™ of ₹13.30 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, E-Land Apparel ranks better than 54.61% on this metric.

E-Land Apparel's average Accounts Payable for the three months ended in Mar. 2026 was ₹267 Mil. E-Land Apparel's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹478 Mil. Hence, E-Land Apparel's Days Payable for the three months ended in Mar. 2026 was 51.09.

The historical rank and industry rank for E-Land Apparel's Days Payable or its related term are showing as below:

BOM:532820' s Days Payable Range Over the Past 10 Years
Min: 52.04   Med: 74.14   Max: 120.13
Current: 59.44

During the past 13 years, E-Land Apparel's highest Days Payable was 120.13. The lowest was 52.04. And the median was 74.14.

BOM:532820's Days Payable is ranked better than
54.61% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265 vs BOM:532820: 59.44

E-Land Apparel's Days Payable increased from Mar. 2025 (41.91) to Mar. 2026 (51.09). It may suggest that E-Land Apparel delayed paying its suppliers.


E-Land Apparel Days Payable Historical Data

* Premium members only.

The historical data trend for E-Land Apparel'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.

E-Land Apparel Days Payable Chart

E-Land Apparel 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 70.75 70.68 71.20 52.04 68.59

E-Land Apparel 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 41.91 64.17 87.84 36.60 51.09

BOM:532820 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, E-Land Apparel'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.


E-Land Apparel Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where E-Land Apparel's Days Payable falls into.


BOM:532820
52GF Score
E-Land Apparel Ltd BOM:532820
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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E-Land Apparel 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.

E-Land Apparel'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
=( (274.568 + 267.463) / 2 ) / 1442.184*365
=271.0155 / 1442.184*365
=68.59

E-Land Apparel'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 + 267.463) / 1 ) / 477.737*365 / 4
=267.463 / 477.737*365 / 4
=51.09

* 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 51.09 mean?
E-Land Apparel (BOM:532820) has a Days Payable of 51.09 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 E-Land Apparel and its competitors. This is 31% below median its historical median of 74.14. Over the past decade, E-Land Apparel's Days Payable has ranged from 52.04 to 120.13. According to the industry distribution chart, E-Land Apparel ranks #463 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.4%.
Is E-Land Apparel's Days Payable too high?
E-Land Apparel's current Days Payable of 51.09 is 31% below median its 10-year median of 74.14. Over the past 10 years, this metric has ranged from a low of 52.04 to a high of 120.13. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. E-Land Apparel's value of 51.09 is 5.9% below this industry median. Based on the distribution chart, E-Land Apparel ranks #463 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, E-Land Apparel has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E-Land Apparel's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, E-Land Apparel ranks #463 out of 1020 companies for Days Payable. This puts E-Land Apparel in the upper half of its industry. The industry median Days Payable is 54.27. E-Land Apparel's value of 51.09 is 5.9% below this benchmark. Historically, E-Land Apparel's own Days Payable has ranged from 52.04 to 120.13 over the past decade. While the company's 10-year median is 74.14 vs. the industry median of 54.27, E-Land Apparel 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. E-Land Apparel's current Days Payable of 51.09 is 5.9% 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 E-Land Apparel 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. E-Land Apparel's current Days Payable is 51.09, which is 31% below median its own 10-year median of 74.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Land Apparel stock overvalued right now?
Based on GuruFocus' analysis, E-Land Apparel (BOM:532820) is currently considered Fairly Valued. The stock's GF Value™ is ₹13.30, compared to a current price of ₹13.44 — trading 1.1% above its estimated fair value. The current Days Payable is 51.09, which is 31% below median its 10-year median of 74.14 and 5.9% below the Manufacturing - Apparel & Accessories industry median of 54.27. E-Land Apparel's overall GF Score™ is 52/100 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 E-Land Apparel (BOM:532820), the current Days Payable is 51.09 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 E-Land Apparel (BOM:532820) Overvalued in 2026?

Based on GuruFocus' analysis, E-Land Apparel stock appears to be overvalued. The current stock price of ₹13.44 is trading 1.1% above its estimated GF Value™ of ₹13.30. GuruFocus considers E-Land Apparel to be Fairly Valued.

Key valuation signals for BOM:532820:

  • Days Payable: 51.09 (31% below median its 10-year median of 74.14)
  • GF Value™: ₹13.30 vs. price of ₹13.44 (1.1% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 5.9% below the Manufacturing - Apparel & Accessories median (#463 of 1020)

No single metric tells the full story. See the BOM:532820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E-Land Apparel Business Description

Address Singasandra Near Dakshin Honda Showroom Hosur Road, No. 16/2B, Sri Vinayaka Indl Estate, Bengaluru, KA, IND, 560068
E-Land Apparel Ltd is engaged in the manufacturing and sale of garments. The company caters to both domestic and international markets. Its product portfolio includes Shirts, Tops, Skirts, Kids Wear, and others. It generates the majority of the revenue from outside India.
52GF Score

Get the complete analysis for BOM:532820

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

₹13.44
Price
₹13.30
GF Value