Manomay Tex India (BOM:540396) Days Payable: 94.95 (As of Mar. 2026) — 65% Above Median

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BOM:540396 Manomay Tex India Ltd BOM:540396
80 GF Score
Price ₹175.60
GF Value ₹209.75
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Manomay Tex India Days Payable?

Manomay Tex India BOM:540396 80 Days Payable is 94.95 as of Mar. 2026, which is 65% above its 10-year median of 57.40. GuruFocus rates BOM:540396 with a GF Score™ of 80/100 and a GF Value™ of ₹209.75 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Manomay Tex India ranks better than 76.5% on this metric.

Manomay Tex India's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,388 Mil. Manomay Tex India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,334 Mil. Hence, Manomay Tex India's Days Payable for the three months ended in Mar. 2026 was 94.95.

The historical rank and industry rank for Manomay Tex India's Days Payable or its related term are showing as below:

BOM:540396' s Days Payable Range Over the Past 10 Years
Min: 31.93   Med: 57.4   Max: 114.87
Current: 103.18

During the past 13 years, Manomay Tex India's highest Days Payable was 114.87. The lowest was 31.93. And the median was 57.40.

BOM:540396's Days Payable is ranked better than
76.5% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs BOM:540396: 103.18

Manomay Tex India's Days Payable declined from Mar. 2025 (100.18) to Mar. 2026 (94.95). It may suggest that Manomay Tex India accelerated paying its suppliers.


Manomay Tex India Days Payable Historical Data

* Premium members only.

The historical data trend for Manomay Tex India'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.

Manomay Tex India Days Payable Chart

Manomay Tex India 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 53.08 60.97 89.63 114.87 112.14

Manomay Tex India Quarterly Data
Sep20 Mar21 Sep21 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 100.18 122.53 97.93 83.89 94.95

Manomay Tex India Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Manomay Tex India'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.


Manomay Tex India Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Manomay Tex India's Days Payable falls into.


BOM:540396
80GF Score
Manomay Tex India Ltd BOM:540396
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Manomay Tex India 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.

Manomay Tex India'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
=( (1221.902 + 1387.661) / 2 ) / 4246.918*365
=1304.7815 / 4246.918*365
=112.14

Manomay Tex India'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 + 1387.661) / 1 ) / 1333.637*365 / 4
=1387.661 / 1333.637*365 / 4
=94.95

* 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 94.95 mean?
Manomay Tex India (BOM:540396) has a Days Payable of 94.95 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 Manomay Tex India and its competitors. This is 65% above median its historical median of 57.40. Over the past decade, Manomay Tex India's Days Payable has ranged from 31.93 to 114.87. According to the industry distribution chart, Manomay Tex India ranks #239 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23.5%.
Is Manomay Tex India's Days Payable too high?
Manomay Tex India's current Days Payable of 94.95 is 65% above median its 10-year median of 57.40. Over the past 10 years, this metric has ranged from a low of 31.93 to a high of 114.87. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Manomay Tex India's value of 94.95 is 75.1% above this industry median. Based on the distribution chart, Manomay Tex India ranks #239 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Manomay Tex India has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manomay Tex India's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Manomay Tex India ranks #239 out of 1017 companies for Days Payable. This places Manomay Tex India in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.22. Manomay Tex India's value of 94.95 is 75.1% above this benchmark. Historically, Manomay Tex India's own Days Payable has ranged from 31.93 to 114.87 over the past decade. While the company's 10-year median is 57.40 vs. the industry median of 54.22, Manomay Tex India 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 54.22, 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. Manomay Tex India's current Days Payable of 94.95 is 75.1% 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 Manomay Tex India 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. Manomay Tex India's current Days Payable is 94.95, which is 65% above median its own 10-year median of 57.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manomay Tex India stock overvalued right now?
Based on GuruFocus' analysis, Manomay Tex India (BOM:540396) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹209.75, compared to a current price of ₹175.60 — trading 16.3% below its estimated fair value. The current Days Payable is 94.95, which is 65% above median its 10-year median of 57.40 and 75.1% above the Manufacturing - Apparel & Accessories industry median of 54.22. Manomay Tex India's overall GF Score™ is 80/100 with 6 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 Manomay Tex India (BOM:540396), the current Days Payable is 94.95 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 Manomay Tex India (BOM:540396) Overvalued in 2026?

Based on GuruFocus' analysis, Manomay Tex India stock appears to be undervalued. The current stock price of ₹175.60 is trading 16.3% below its estimated GF Value™ of ₹209.75. GuruFocus considers Manomay Tex India to be Modestly Undervalued.

Key valuation signals for BOM:540396:

  • Days Payable: 94.95 (65% above median its 10-year median of 57.40)
  • GF Value™: ₹209.75 vs. price of ₹175.60 (16.3% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 75.1% above the Manufacturing - Apparel & Accessories median (#239 of 1017)

No single metric tells the full story. See the BOM:540396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manomay Tex India Business Description

Other Exchanges MANOMAY:India
Address Pur Road, 32, Heera Panna Market, Bhilwara, RJ, IND, 311001
Manomay Tex India Ltd is an Indian company engaged in trading and manufacturing of Denim textile fabrics. The company offers its products under the brand name Manomay within the Indian and international market. It generates a majority of its revenue within India.
80GF Score

Get the complete analysis for BOM:540396

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

₹175.60
Price
₹209.75
GF Value