Gokak Textiles (BOM:532957) Days Payable: 276.97 (As of Mar. 2026) — 59% Above Median

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BOM:532957 Gokak Textiles Ltd BOM:532957
51 GF Score
Price ₹60.00
GF Value ₹72.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Gokak Textiles Days Payable?

Gokak Textiles BOM:532957 -4.76% 51 Days Payable is 276.97 as of Mar. 2026, which is 59% above its 10-year median of 174.51. GuruFocus rates BOM:532957 with a GF Score™ of 51/100 and a GF Value™ of ₹72.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Gokak Textiles ranks better than 95.77% on this metric.

Gokak Textiles's average Accounts Payable for the three months ended in Mar. 2026 was ₹187.4 Mil. Gokak Textiles's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹61.7 Mil. Hence, Gokak Textiles's Days Payable for the three months ended in Mar. 2026 was 276.97.

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

BOM:532957' s Days Payable Range Over the Past 10 Years
Min: 59.57   Med: 174.51   Max: 330.96
Current: 317.28

During the past 13 years, Gokak Textiles's highest Days Payable was 330.96. The lowest was 59.57. And the median was 174.51.

BOM:532957's Days Payable is ranked better than
95.77% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18 vs BOM:532957: 317.28

Gokak Textiles's Days Payable declined from Mar. 2025 (384.58) to Mar. 2026 (276.97). It may suggest that Gokak Textiles accelerated paying its suppliers.


Gokak Textiles Days Payable Historical Data

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The historical data trend for Gokak Textiles'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.

Gokak Textiles Days Payable Chart

Gokak Textiles 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 192.84 245.16 98.17 200.72 330.96

Gokak Textiles 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 384.58 434.42 264.94 293.14 276.97

Gokak Textiles Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Gokak Textiles'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.


Gokak Textiles Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Gokak Textiles's Days Payable falls into.


BOM:532957
51GF Score
Gokak Textiles Ltd BOM:532957
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gokak Textiles 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.

Gokak Textiles'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
=( (225.634 + 187.374) / 2 ) / 227.745*365
=206.504 / 227.745*365
=330.96

Gokak Textiles'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 + 187.374) / 1 ) / 61.731*365 / 4
=187.374 / 61.731*365 / 4
=276.97

* 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 276.97 mean?
Gokak Textiles (BOM:532957) has a Days Payable of 276.97 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 Gokak Textiles and its competitors. This is 59% above median its historical median of 174.51. Over the past decade, Gokak Textiles' Days Payable has ranged from 59.57 to 330.96. According to the industry distribution chart, Gokak Textiles ranks #43 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.2%.
Is Gokak Textiles' Days Payable too high?
Gokak Textiles' current Days Payable of 276.97 is 59% above median its 10-year median of 174.51. Over the past 10 years, this metric has ranged from a low of 59.57 to a high of 330.96. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Gokak Textiles' value of 276.97 is 411.2% above this industry median. Based on the distribution chart, Gokak Textiles ranks #43 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Gokak Textiles has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gokak Textiles' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gokak Textiles ranks #43 out of 1016 companies for Days Payable. This places Gokak Textiles in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.18. Gokak Textiles' value of 276.97 is 411.2% above this benchmark. Historically, Gokak Textiles' own Days Payable has ranged from 59.57 to 330.96 over the past decade. While the company's 10-year median is 174.51 vs. the industry median of 54.18, Gokak Textiles 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 54.18, 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. Gokak Textiles's current Days Payable of 276.97 is 411.2% 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 Gokak Textiles 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. Gokak Textiles's current Days Payable is 276.97, which is 59% above median its own 10-year median of 174.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gokak Textiles stock overvalued right now?
Based on GuruFocus' analysis, Gokak Textiles (BOM:532957) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹72.70, compared to a current price of ₹60.00 — trading 17.5% below its estimated fair value. The current Days Payable is 276.97, which is 59% above median its 10-year median of 174.51 and 411.2% above the Manufacturing - Apparel & Accessories industry median of 54.18. Gokak Textiles' overall GF Score™ is 51/100 with 4 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 Gokak Textiles (BOM:532957), the current Days Payable is 276.97 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 Gokak Textiles (BOM:532957) Overvalued in 2026?

Based on GuruFocus' analysis, Gokak Textiles stock appears to be undervalued. The current stock price of ₹60.00 is trading 17.5% below its estimated GF Value™ of ₹72.70. GuruFocus considers Gokak Textiles to be Modestly Undervalued.

Key valuation signals for BOM:532957:

  • Days Payable: 276.97 (59% above median its 10-year median of 174.51)
  • GF Value™: ₹72.70 vs. price of ₹60.00 (17.5% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 411.2% above the Manufacturing - Apparel & Accessories median (#43 of 1016)

No single metric tells the full story. See the BOM:532957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gokak Textiles Business Description

Address No. 1, 12th Cross, 2nd Floor, Ideal Homes, Near Jayanna Circle, Rajarasjeshwari Nagar, Bengaluru, KA, IND, 560098
Gokak Textiles Ltd is a holding company. It is engaged in the business of textiles, manufacturing cotton yarn, blended yarn, industrial fabrics, terry towels, t-shirts, polos, undergarments, and sweaters, among others. It is also engaged in the generation, transmission, distribution, and trading of hydropower and other renewal and non-renewal sources of energy. The company's product categories include dyed yarns, canvas, yarns, and made-ups. Its yarn products include knitting, weaving, towels, sweaters, home furnishing, and industrial and customized yarns. Its canvas products category includes tents, tarpaulins, animal covers, and agriculture covers. The made-up category includes towels and knitted garments. The company operates in two reportable segments, which are Textile and Power.
51GF Score

Get the complete analysis for BOM:532957

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

₹60.00
Price
₹72.70
GF Value