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Akshar SpintexBOM:541303 39 Days Payable is 26.72 as of Mar. 2026, which is 36% above its 10-year median of 19.58. GuruFocus rates BOM:541303 with a GF Score™ of 39/100 and a GF Value™ of ₹0.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Akshar Spintex ranks worse than 87.35% on this metric.
The historical rank and industry rank for Akshar Spintex's Days Payable or its related term are showing as below:
BOM:541303'
s Days Payable Range Over the Past 10 Years
Min: 12.23 Med: 19.58 Max: 39.91
Current: 18.37
During the past 13 years, Akshar Spintex's highest Days Payable was 39.91. The lowest was 12.23. And the median was 19.58.
BOM:541303's Days Payable is ranked worse than 87.35% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265
vs BOM:541303: 18.37
Akshar Spintex's Days Payable
increased
from Mar. 2025 (7.80) to Mar. 2026 (26.72).
It may suggest that Akshar Spintexdelayed paying its suppliers.
Akshar Spintex Days Payable Related Terms
Akshar Spintex Days Payable Historical Data
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The historical data trend for Akshar Spintex'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, Akshar Spintex'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.
Akshar Spintex Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's Days Payable distribution charts can be found below:
* The bar in red indicates where Akshar Spintex'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.
Akshar Spintex'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.
Akshar Spintex (BOM:541303) has a Days Payable of 26.72 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 Akshar Spintex and its competitors. This is 36% above median its historical median of 19.58. Over the past decade, Akshar Spintex's Days Payable has ranged from 12.23 to 39.91. According to the industry distribution chart, Akshar Spintex ranks #891 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.4%.
Is Akshar Spintex's Days Payable too high?
Akshar Spintex's current Days Payable of 26.72 is 36% above median its 10-year median of 19.58. Over the past 10 years, this metric has ranged from a low of 12.23 to a high of 39.91. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Akshar Spintex's value of 26.72 is 50.8% below this industry median. Based on the distribution chart, Akshar Spintex ranks #891 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Akshar Spintex has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akshar Spintex's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Akshar Spintex ranks #891 out of 1020 companies for Days Payable. This places Akshar Spintex in the lower half of its industry. The industry median Days Payable is 54.27. Akshar Spintex's value of 26.72 is 50.8% below this benchmark. Historically, Akshar Spintex's own Days Payable has ranged from 12.23 to 39.91 over the past decade. While the company's 10-year median is 19.58 vs. the industry median of 54.27, Akshar Spintex 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 54.27, 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. Akshar Spintex's current Days Payable of 26.72 is 50.8% 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 Akshar Spintex 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. Akshar Spintex's current Days Payable is 26.72, which is 36% above median its own 10-year median of 19.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akshar Spintex stock overvalued right now?
Based on GuruFocus' analysis, Akshar Spintex (BOM:541303) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.51, compared to a current price of ₹0.43 — trading 15.7% below its estimated fair value. The current Days Payable is 26.72, which is 36% above median its 10-year median of 19.58 and 50.8% below the Manufacturing - Apparel & Accessories industry median of 54.27. Akshar Spintex's overall GF Score™ is 39/100 with 4 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 Akshar Spintex (BOM:541303), the current Days Payable is 26.72 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 Akshar Spintex (BOM:541303) Overvalued in 2026?
Based on GuruFocus' analysis, Akshar Spintex stock appears to be undervalued.
The current stock price of ₹0.43 is trading 15.7% below its estimated GF Value™ of ₹0.51.
GuruFocus considers Akshar Spintex to be Modestly Undervalued.
Key valuation signals for BOM:541303:
Days Payable: 26.72 (36% above median its 10-year median of 19.58)
GF Value™: ₹0.51 vs. price of ₹0.43 (15.7% below fair value)
Industry Position: 50.8% below the Manufacturing - Apparel & Accessories median (#891 of 1020)
No single metric tells the full story. See the BOM:541303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others. It operates under one segment which is Spinning of Cotton Yarn.
39GF Score
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