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New Light IndustriesBOM:540243 -1.57%38 Days Payable is 36.43 as of Mar. 2026, which is 69% below its 10-year median of 119.11. GuruFocus rates BOM:540243 with a GF Score™ of 38/100 and a GF Value™ of ₹0.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, New Light Industries ranks worse than 86.14% on this metric.
The historical rank and industry rank for New Light Industries's Days Payable or its related term are showing as below:
BOM:540243'
s Days Payable Range Over the Past 10 Years
Min: 20.12 Med: 119.11 Max: 243.03
Current: 20.12
During the past 13 years, New Light Industries's highest Days Payable was 243.03. The lowest was 20.12. And the median was 119.11.
BOM:540243's Days Payable is ranked worse than 86.14% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs BOM:540243: 20.12
New Light Industries's Days Payable
increased
from Mar. 2025 (10.73) to Mar. 2026 (36.43).
It may suggest that New Light Industriesdelayed paying its suppliers.
New Light Industries Days Payable Related Terms
New Light Industries Days Payable Historical Data
* Premium members only.
The historical data trend for New Light Industries'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.
BOM:540243 vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, New Light Industries'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.
New Light Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, New Light Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where New Light Industries'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.
New Light Industries'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.
New Light Industries (BOM:540243) has a Days Payable of 36.43 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 New Light Industries and its competitors. This is 69% below median its historical median of 119.11. Over the past decade, New Light Industries' Days Payable has ranged from 20.12 to 243.03. According to the industry distribution chart, New Light Industries ranks #876 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.1%.
Is New Light Industries' Days Payable too high?
New Light Industries' current Days Payable of 36.43 is 69% below median its 10-year median of 119.11. Over the past 10 years, this metric has ranged from a low of 20.12 to a high of 243.03. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. New Light Industries' value of 36.43 is 32.8% below this industry median. Based on the distribution chart, New Light Industries ranks #876 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, New Light Industries has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Light Industries' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, New Light Industries ranks #876 out of 1017 companies for Days Payable. This places New Light Industries in the lower half of its industry. The industry median Days Payable is 54.22. New Light Industries' value of 36.43 is 32.8% below this benchmark. Historically, New Light Industries' own Days Payable has ranged from 20.12 to 243.03 over the past decade. While the company's 10-year median is 119.11 vs. the industry median of 54.22, New Light Industries 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 54.22, based on 1,017 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. New Light Industries's current Days Payable of 36.43 is 32.8% 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 New Light Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Light Industries's current Days Payable is 36.43, which is 69% below median its own 10-year median of 119.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Light Industries stock overvalued right now?
Based on GuruFocus' analysis, New Light Industries (BOM:540243) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.58, compared to a current price of ₹1.25 — trading 115.5% above its estimated fair value. The current Days Payable is 36.43, which is 69% below median its 10-year median of 119.11 and 32.8% below the Manufacturing - Apparel & Accessories industry median of 54.22. New Light Industries' overall GF Score™ is 38/100 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 New Light Industries (BOM:540243), the current Days Payable is 36.43 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 New Light Industries (BOM:540243) Overvalued in 2026?
Based on GuruFocus' analysis, New Light Industries stock appears to be overvalued.
The current stock price of ₹1.25 is trading 115.5% above its estimated GF Value™ of ₹0.58.
GuruFocus considers New Light Industries to be Significantly Overvalued.
Key valuation signals for BOM:540243:
Days Payable: 36.43 (69% below median its 10-year median of 119.11)
GF Value™: ₹0.58 vs. price of ₹1.25 (115.5% above fair value)
Industry Position: 32.8% below the Manufacturing - Apparel & Accessories median (#876 of 1017)
No single metric tells the full story. See the BOM:540243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Light Industries Ltd deals in school uniforms, Center and State government education programs and their sponsorship programs, The Company also deals in Corporate and private dress materials and other textile materials. The majority of revenue is generated from the sale of trading goods.
38GF Score
Get the complete analysis for BOM:540243
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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