Ghushine Fintrrade Ocean (BOM:539864) Days Payable: 91.65 (As of Mar. 2026) — 43% Above Median

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BOM:539864 Ghushine Fintrrade Ocean Ltd BOM:539864
46 GF Score
Price ₹21.50
! 5 Warning Signs
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What is Ghushine Fintrrade Ocean Days Payable?

Ghushine Fintrrade Ocean BOM:539864 46 Days Payable is 91.65 as of Mar. 2026, which is 43% above its 10-year median of 64.18. GuruFocus rates BOM:539864 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Ghushine Fintrrade Ocean ranks better than 59.37% on this metric.

Ghushine Fintrrade Ocean's average Accounts Payable for the six months ended in Mar. 2026 was ₹15.02 Mil. Ghushine Fintrrade Ocean's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹29.92 Mil. Hence, Ghushine Fintrrade Ocean's Days Payable for the six months ended in Mar. 2026 was 91.65.

The historical rank and industry rank for Ghushine Fintrrade Ocean's Days Payable or its related term are showing as below:

BOM:539864' s Days Payable Range Over the Past 10 Years
Min: 0.1   Med: 64.18   Max: 262.28
Current: 66.26

During the past 13 years, Ghushine Fintrrade Ocean's highest Days Payable was 262.28. The lowest was 0.10. And the median was 64.18.

BOM:539864's Days Payable is ranked better than
59.37% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.32 vs BOM:539864: 66.26

Ghushine Fintrrade Ocean's Days Payable increased from Mar. 2025 (16.19) to Mar. 2026 (91.65). It may suggest that Ghushine Fintrrade Ocean delayed paying its suppliers.


Ghushine Fintrrade Ocean Days Payable Historical Data

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The historical data trend for Ghushine Fintrrade Ocean'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.

Ghushine Fintrrade Ocean Days Payable Chart

Ghushine Fintrrade Ocean 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 73.56 0.00 0.10 0.50 54.79

Ghushine Fintrrade Ocean Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.05 40.94 16.19 48.91 91.65

Ghushine Fintrrade Ocean Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Ghushine Fintrrade Ocean'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.


Ghushine Fintrrade Ocean Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ghushine Fintrrade Ocean's Days Payable falls into.


BOM:539864
46GF Score
Ghushine Fintrrade Ocean Ltd BOM:539864
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghushine Fintrrade Ocean 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.

Ghushine Fintrrade Ocean'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
=( (0.116 + 16.512) / 2 ) / 55.383*365
=8.314 / 55.383*365
=54.79

Ghushine Fintrrade Ocean'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (13.535 + 16.512) / 2 ) / 29.917*365 / 2
=15.0235 / 29.917*365 / 2
=91.65

* 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 91.65 mean?
Ghushine Fintrrade Ocean (BOM:539864) has a Days Payable of 91.65 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 Ghushine Fintrrade Ocean and its competitors. This is 43% above median its historical median of 64.18. Over the past decade, Ghushine Fintrrade Ocean's Days Payable has ranged from 0.10 to 262.28. According to the industry distribution chart, Ghushine Fintrrade Ocean ranks #414 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.6%.
Is Ghushine Fintrrade Ocean's Days Payable too high?
Ghushine Fintrrade Ocean's current Days Payable of 91.65 is 43% above median its 10-year median of 64.18. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 262.28. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.32. Ghushine Fintrrade Ocean's value of 91.65 is 68.7% above this industry median. Based on the distribution chart, Ghushine Fintrrade Ocean ranks #414 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Ghushine Fintrrade Ocean has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Ghushine Fintrrade Ocean's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ghushine Fintrrade Ocean ranks #414 out of 1019 companies for Days Payable. This puts Ghushine Fintrrade Ocean in the upper half of its industry. The industry median Days Payable is 54.32. Ghushine Fintrrade Ocean's value of 91.65 is 68.7% above this benchmark. Historically, Ghushine Fintrrade Ocean's own Days Payable has ranged from 0.10 to 262.28 over the past decade. While the company's 10-year median is 64.18 vs. the industry median of 54.32, Ghushine Fintrrade Ocean 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 54.32, based on 1,019 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. Ghushine Fintrrade Ocean's current Days Payable of 91.65 is 68.7% 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 Ghushine Fintrrade Ocean and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghushine Fintrrade Ocean's current Days Payable is 91.65, which is 43% above median its own 10-year median of 64.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghushine Fintrrade Ocean stock overvalued right now?
Ghushine Fintrrade Ocean (BOM:539864) has a current Days Payable of 91.65. The current Days Payable is 91.65, which is 43% above median its 10-year median of 64.18 and 68.7% above the Manufacturing - Apparel & Accessories industry median of 54.32. Ghushine Fintrrade Ocean's overall GF Score™ is 46/100 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 Ghushine Fintrrade Ocean (BOM:539864), the current Days Payable is 91.65 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.

Ghushine Fintrrade Ocean Business Description

Address Aagam Cross Road, VeshuAbhava Road, Ground floor 27, AC Market, Opposite Star Galaxy, Near Shrunagar Residency, Surat, GJ, IND, 395007
Ghushine Fintrrade Ocean Ltd is an India-based company engaged in the textile business. The principal activities of the company are to carry out the business of dealing in Art Silk Cloth, Embroidery Job Work & manufacturing of knitted fabrics, and cut & polished diamonds.
46GF Score

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