Axita Cotton (BOM:542285) Days Payable: 1.83 (As of Mar. 2026) — 67% Below Median

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BOM:542285 Axita Cotton Ltd BOM:542285
66 GF Score
Price ₹7.41
GF Value ₹5.43
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Axita Cotton Days Payable?

Axita Cotton BOM:542285 66 Days Payable is 1.83 as of Mar. 2026, which is 67% below its 10-year median of 5.50. GuruFocus rates BOM:542285 with a GF Score™ of 66/100 and a GF Value™ of ₹5.43 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Axita Cotton ranks worse than 96.36% on this metric.

Axita Cotton's average Accounts Payable for the three months ended in Mar. 2026 was ₹12 Mil. Axita Cotton's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹598 Mil. Hence, Axita Cotton's Days Payable for the three months ended in Mar. 2026 was 1.83.

The historical rank and industry rank for Axita Cotton's Days Payable or its related term are showing as below:

BOM:542285' s Days Payable Range Over the Past 10 Years
Min: 0.17   Med: 5.5   Max: 28.29
Current: 7.61

During the past 13 years, Axita Cotton's highest Days Payable was 28.29. The lowest was 0.17. And the median was 5.50.

BOM:542285's Days Payable is ranked worse than
96.36% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18 vs BOM:542285: 7.61

Axita Cotton's Days Payable declined from Mar. 2025 (7.80) to Mar. 2026 (1.83). It may suggest that Axita Cotton accelerated paying its suppliers.


Axita Cotton Days Payable Historical Data

* Premium members only.

The historical data trend for Axita Cotton'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.

Axita Cotton Days Payable Chart

Axita Cotton 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 26.05 28.29 2.97 4.31 6.68

Axita Cotton Quarterly Data
Jun21 Sep21 Dec21 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 7.80 7.00 14.02 10.34 1.83

Axita Cotton Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Axita Cotton'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.


Axita Cotton Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Axita Cotton's Days Payable falls into.


BOM:542285
66GF Score
Axita Cotton Ltd BOM:542285
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axita Cotton 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.

Axita Cotton'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
=( (117.723 + 11.981) / 2 ) / 3545.291*365
=64.852 / 3545.291*365
=6.68

Axita Cotton'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 + 11.981) / 1 ) / 598.032*365 / 4
=11.981 / 598.032*365 / 4
=1.83

* 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 1.83 mean?
Axita Cotton (BOM:542285) has a Days Payable of 1.83 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 Axita Cotton and its competitors. This is 67% below median its historical median of 5.50. Over the past decade, Axita Cotton's Days Payable has ranged from 0.17 to 28.29. According to the industry distribution chart, Axita Cotton ranks #979 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 96.4%.
Is Axita Cotton's Days Payable too high?
Axita Cotton's current Days Payable of 1.83 is 67% below median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 28.29. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Axita Cotton's value of 1.83 is 96.6% below this industry median. Based on the distribution chart, Axita Cotton ranks #979 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Axita Cotton has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axita Cotton's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Axita Cotton ranks #979 out of 1016 companies for Days Payable. This places Axita Cotton in the lower half of its industry. The industry median Days Payable is 54.18. Axita Cotton's value of 1.83 is 96.6% below this benchmark. Historically, Axita Cotton's own Days Payable has ranged from 0.17 to 28.29 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 54.18, Axita Cotton 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 54.18, based on 1,016 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. Axita Cotton's current Days Payable of 1.83 is 96.6% 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 Axita Cotton and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axita Cotton's current Days Payable is 1.83, which is 67% below median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axita Cotton stock overvalued right now?
Based on GuruFocus' analysis, Axita Cotton (BOM:542285) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.43, compared to a current price of ₹7.41 — trading 36.5% above its estimated fair value. The current Days Payable is 1.83, which is 67% below median its 10-year median of 5.50 and 96.6% below the Manufacturing - Apparel & Accessories industry median of 54.18. Axita Cotton's overall GF Score™ is 66/100 with 3 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 Axita Cotton (BOM:542285), the current Days Payable is 1.83 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 Axita Cotton (BOM:542285) Overvalued in 2026?

Based on GuruFocus' analysis, Axita Cotton stock appears to be overvalued. The current stock price of ₹7.41 is trading 36.5% above its estimated GF Value™ of ₹5.43. GuruFocus considers Axita Cotton to be Significantly Overvalued.

Key valuation signals for BOM:542285:

  • Days Payable: 1.83 (67% below median its 10-year median of 5.50)
  • GF Value™: ₹5.43 vs. price of ₹7.41 (36.5% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 96.6% below the Manufacturing - Apparel & Accessories median (#979 of 1016)

No single metric tells the full story. See the BOM:542285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axita Cotton Business Description

Other Exchanges AXITA:India
Address Rannade House, First Floor, Opposite Sankalp Grace 3, Near Ishan Bunglows, Shilaj, Ahemdabad, GJ, IND, 380059
Axita Cotton Ltd is an India-based company engaged in the manufacturing, processing, and finishing of Kapas, cotton bales, and cotton seeds. It earns revenue from bales sales domestically, bales sales exports, and Shankar Kapasia.
66GF Score

Get the complete analysis for BOM:542285

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

₹7.41
Price
₹5.43
GF Value