Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bindal ExportsBOM:540148 53 Days Payable is 82.51 as of Mar. 2026, which is 73% above its 10-year median of 47.56. GuruFocus rates BOM:540148 with a GF Score™ of 53/100 and a GF Value™ of ₹20.59 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Bindal Exports ranks better than 55.69% on this metric.
The historical rank and industry rank for Bindal Exports's Days Payable or its related term are showing as below:
BOM:540148'
s Days Payable Range Over the Past 10 Years
Min: 38.87 Med: 47.56 Max: 75.85
Current: 60.9
During the past 13 years, Bindal Exports's highest Days Payable was 75.85. The lowest was 38.87. And the median was 47.56.
BOM:540148's Days Payable is ranked better than 55.69% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265
vs BOM:540148: 60.90
Bindal Exports's Days Payable
increased
from Mar. 2025 (45.61) to Mar. 2026 (82.51).
It may suggest that Bindal Exportsdelayed paying its suppliers.
Bindal Exports Days Payable Related Terms
Bindal Exports Days Payable Historical Data
* Premium members only.
The historical data trend for Bindal Exports'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, Bindal Exports'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.
Bindal Exports Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bindal Exports's Days Payable distribution charts can be found below:
* The bar in red indicates where Bindal Exports'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.
Bindal Exports'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.
Bindal Exports (BOM:540148) has a Days Payable of 82.51 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 Bindal Exports and its competitors. This is 73% above median its historical median of 47.56. Over the past decade, Bindal Exports' Days Payable has ranged from 38.87 to 75.85. According to the industry distribution chart, Bindal Exports ranks #452 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.3%.
Is Bindal Exports' Days Payable too high?
Bindal Exports' current Days Payable of 82.51 is 73% above median its 10-year median of 47.56. Over the past 10 years, this metric has ranged from a low of 38.87 to a high of 75.85. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Bindal Exports' value of 82.51 is 52.1% above this industry median. Based on the distribution chart, Bindal Exports ranks #452 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bindal Exports has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bindal Exports' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bindal Exports ranks #452 out of 1020 companies for Days Payable. This puts Bindal Exports in the upper half of its industry. The industry median Days Payable is 54.27. Bindal Exports' value of 82.51 is 52.1% above this benchmark. Historically, Bindal Exports' own Days Payable has ranged from 38.87 to 75.85 over the past decade. While the company's 10-year median is 47.56 vs. the industry median of 54.27, Bindal Exports 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 54.27, 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. Bindal Exports's current Days Payable of 82.51 is 52.1% 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 Bindal Exports 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. Bindal Exports's current Days Payable is 82.51, which is 73% above median its own 10-year median of 47.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bindal Exports stock overvalued right now?
Based on GuruFocus' analysis, Bindal Exports (BOM:540148) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.59, compared to a current price of ₹27.80 — trading 35% above its estimated fair value. The current Days Payable is 82.51, which is 73% above median its 10-year median of 47.56 and 52.1% above the Manufacturing - Apparel & Accessories industry median of 54.27. Bindal Exports' overall GF Score™ is 53/100 with 7 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 Bindal Exports (BOM:540148), the current Days Payable is 82.51 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 Bindal Exports (BOM:540148) Overvalued in 2026?
Based on GuruFocus' analysis, Bindal Exports stock appears to be overvalued.
The current stock price of ₹27.80 is trading 35% above its estimated GF Value™ of ₹20.59.
GuruFocus considers Bindal Exports to be Significantly Overvalued.
Key valuation signals for BOM:540148:
Days Payable: 82.51 (73% above median its 10-year median of 47.56)
GF Value™: ₹20.59 vs. price of ₹27.80 (35% above fair value)
Industry Position: 52.1% above the Manufacturing - Apparel & Accessories median (#452 of 1020)
No single metric tells the full story. See the BOM:540148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bindal Exports Ltd is involved in the manufacturing and export of textiles, garments, and made-ups. The company specializes in diverse international styles, varied colors, and specialty finishes, which are tailor-made to customers' requirements. Its fabric portfolio comprises different blends of polyester, rayon, cotton, satin, chiffon, knitted fabric, viscose, etc., which are supplied in domestic and international markets. It derives the majority of its revenue from Fabrics and Fants.
53GF Score
Get the complete analysis for BOM:540148
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:540148 has been successfully added to your 
