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Gujarat Hy-SpinBOM:540938 61 Days Payable is 29.35 as of Mar. 2026, which is 33% above its 10-year median of 22.01. GuruFocus rates BOM:540938 with a GF Score™ of 61/100 and a GF Value™ of ₹16.68 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Gujarat Hy-Spin ranks worse than 75.39% on this metric.
The historical rank and industry rank for Gujarat Hy-Spin's Days Payable or its related term are showing as below:
BOM:540938'
s Days Payable Range Over the Past 10 Years
Min: 17.5 Med: 22.01 Max: 35.47
Current: 29.55
During the past 13 years, Gujarat Hy-Spin's highest Days Payable was 35.47. The lowest was 17.50. And the median was 22.01.
BOM:540938's Days Payable is ranked worse than 75.39% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.435
vs BOM:540938: 29.55
Gujarat Hy-Spin's Days Payable
increased
from Mar. 2025 (21.30) to Mar. 2026 (29.35).
It may suggest that Gujarat Hy-Spindelayed paying its suppliers.
Gujarat Hy-Spin Days Payable Related Terms
Gujarat Hy-Spin Days Payable Historical Data
* Premium members only.
The historical data trend for Gujarat Hy-Spin'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.
Gujarat Hy-Spin Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Gujarat Hy-Spin'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.
Gujarat Hy-Spin Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gujarat Hy-Spin's Days Payable distribution charts can be found below:
* The bar in red indicates where Gujarat Hy-Spin'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.
Gujarat Hy-Spin'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.
Gujarat Hy-Spin (BOM:540938) has a Days Payable of 29.35 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 Gujarat Hy-Spin and its competitors. This is 33% above median its historical median of 22.01. Over the past decade, Gujarat Hy-Spin's Days Payable has ranged from 17.50 to 35.47. According to the industry distribution chart, Gujarat Hy-Spin ranks #769 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.4%.
Is Gujarat Hy-Spin's Days Payable too high?
Gujarat Hy-Spin's current Days Payable of 29.35 is 33% above median its 10-year median of 22.01. Over the past 10 years, this metric has ranged from a low of 17.50 to a high of 35.47. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.44. Gujarat Hy-Spin's value of 29.35 is 46.1% below this industry median. Based on the distribution chart, Gujarat Hy-Spin ranks #769 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gujarat Hy-Spin has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gujarat Hy-Spin's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gujarat Hy-Spin ranks #769 out of 1020 companies for Days Payable. This places Gujarat Hy-Spin in the lower half of its industry. The industry median Days Payable is 54.44. Gujarat Hy-Spin's value of 29.35 is 46.1% below this benchmark. Historically, Gujarat Hy-Spin's own Days Payable has ranged from 17.50 to 35.47 over the past decade. While the company's 10-year median is 22.01 vs. the industry median of 54.44, Gujarat Hy-Spin 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 54.44, 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. Gujarat Hy-Spin's current Days Payable of 29.35 is 46.1% 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 Gujarat Hy-Spin and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Hy-Spin's current Days Payable is 29.35, which is 33% above median its own 10-year median of 22.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Hy-Spin stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Hy-Spin (BOM:540938) is currently considered Possible Value Trap. The stock's GF Value™ is ₹16.68, compared to a current price of ₹9.23 — trading 44.7% below its estimated fair value. The current Days Payable is 29.35, which is 33% above median its 10-year median of 22.01 and 46.1% below the Manufacturing - Apparel & Accessories industry median of 54.44. Gujarat Hy-Spin's overall GF Score™ is 61/100 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 Gujarat Hy-Spin (BOM:540938), the current Days Payable is 29.35 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 Gujarat Hy-Spin (BOM:540938) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Hy-Spin stock appears to be undervalued.
The current stock price of ₹9.23 is trading 44.7% below its estimated GF Value™ of ₹16.68.
GuruFocus considers Gujarat Hy-Spin to be Possible Value Trap.
Key valuation signals for BOM:540938:
Days Payable: 29.35 (33% above median its 10-year median of 22.01)
GF Value™: ₹16.68 vs. price of ₹9.23 (44.7% below fair value)
Industry Position: 46.1% below the Manufacturing - Apparel & Accessories median (#769 of 1020)
No single metric tells the full story. See the BOM:540938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market them to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company is engaged mainly in the manufacturing of Combed Cotton Yarn. The company generates maximum revenue through the sale of its cotton yarn product.
61GF Score
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