Lehar Footwears (BOM:532829) Days Payable: 86.32 (As of Mar. 2026) — 20% Below Median


BOM:532829 Lehar Footwears Ltd BOM:532829
83 GF Score
Price ₹253.00
GF Value ₹280.41
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lehar Footwears Days Payable?

Lehar Footwears BOM:532829 +0.86% 83 Days Payable is 86.32 as of Mar. 2026, which is 20% below its 10-year median of 108.21. GuruFocus rates BOM:532829 with a GF Score™ of 83/100 and a GF Value™ of ₹280.41 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Lehar Footwears ranks better than 60.43% on this metric.

Lehar Footwears's average Accounts Payable for the three months ended in Mar. 2026 was ₹607 Mil. Lehar Footwears's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹641 Mil. Hence, Lehar Footwears's Days Payable for the three months ended in Mar. 2026 was 86.32.

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

BOM:532829' s Days Payable Range Over the Past 10 Years
Min: 67.25   Med: 108.21   Max: 153.03
Current: 67.25

During the past 13 years, Lehar Footwears's highest Days Payable was 153.03. The lowest was 67.25. And the median was 108.21.

BOM:532829's Days Payable is ranked better than
60.43% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs BOM:532829: 67.25

Lehar Footwears's Days Payable increased from Mar. 2025 (70.50) to Mar. 2026 (86.32). It may suggest that Lehar Footwears delayed paying its suppliers.


Lehar Footwears Days Payable Historical Data

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The historical data trend for Lehar Footwears'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.

Lehar Footwears Days Payable Chart

Lehar Footwears 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 101.84 86.22 111.54 95.39 71.85

Lehar Footwears 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 70.50 53.91 42.16 132.85 86.32

BOM:532829 vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, Lehar Footwears'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.


Lehar Footwears Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Lehar Footwears's Days Payable falls into.


BOM:532829
83GF Score
Lehar Footwears Ltd BOM:532829
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lehar Footwears 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.

Lehar Footwears'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
=( (659.512 + 606.502) / 2 ) / 3215.863*365
=633.007 / 3215.863*365
=71.85

Lehar Footwears'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 + 606.502) / 1 ) / 641.174*365 / 4
=606.502 / 641.174*365 / 4
=86.32

* 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 86.32 mean?
Lehar Footwears (BOM:532829) has a Days Payable of 86.32 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 Lehar Footwears and its competitors. This is 20% below median its historical median of 108.21. Over the past decade, Lehar Footwears' Days Payable has ranged from 67.25 to 153.03. According to the industry distribution chart, Lehar Footwears ranks #402 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.6%.
Is Lehar Footwears' Days Payable too high?
Lehar Footwears' current Days Payable of 86.32 is 20% below median its 10-year median of 108.21. Over the past 10 years, this metric has ranged from a low of 67.25 to a high of 153.03. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Lehar Footwears' value of 86.32 is 59.7% above this industry median. Based on the distribution chart, Lehar Footwears ranks #402 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Lehar Footwears has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lehar Footwears' Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lehar Footwears ranks #402 out of 1016 companies for Days Payable. This puts Lehar Footwears in the upper half of its industry. The industry median Days Payable is 54.05. Lehar Footwears' value of 86.32 is 59.7% above this benchmark. Historically, Lehar Footwears' own Days Payable has ranged from 67.25 to 153.03 over the past decade. While the company's 10-year median is 108.21 vs. the industry median of 54.05, Lehar Footwears 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 54.05, 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. Lehar Footwears's current Days Payable of 86.32 is 59.7% 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 Lehar Footwears and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lehar Footwears's current Days Payable is 86.32, which is 20% below median its own 10-year median of 108.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lehar Footwears stock overvalued right now?
Based on GuruFocus' analysis, Lehar Footwears (BOM:532829) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹280.41, compared to a current price of ₹253.00 — trading 9.8% below its estimated fair value. The current Days Payable is 86.32, which is 20% below median its 10-year median of 108.21 and 59.7% above the Manufacturing - Apparel & Accessories industry median of 54.05. Lehar Footwears' overall GF Score™ is 83/100 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 Lehar Footwears (BOM:532829), the current Days Payable is 86.32 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 Lehar Footwears (BOM:532829) Overvalued in 2026?

Based on GuruFocus' analysis, Lehar Footwears stock appears to be undervalued. The current stock price of ₹253.00 is trading 9.8% below its estimated GF Value™ of ₹280.41. GuruFocus considers Lehar Footwears to be Modestly Undervalued.

Key valuation signals for BOM:532829:

  • Days Payable: 86.32 (20% below median its 10-year median of 108.21)
  • GF Value™: ₹280.41 vs. price of ₹253.00 (9.8% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 59.7% above the Manufacturing - Apparel & Accessories median (#402 of 1016)

No single metric tells the full story. See the BOM:532829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lehar Footwears Business Description

Address A-243 A, Road No. 6, V. K. I. Area, Jaipur, RJ, IND, 302013
Lehar Footwears Ltd is an India-based footwear manufacturing company. It manufactures a variety of footwear like lightweight fancy slippers, Polyvinyl Chloride (PVC) and Thermoplastic rubbers (TPR) footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. It manufactures and sells its products under the name LEHAR in the domestic market. The company operates in one single segment which is the Manufacturing of Footwear.
83GF Score

Get the complete analysis for BOM:532829

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

₹253.00
Price
₹280.41
GF Value