Harish Textile Engineers (BOM:542682) Days Payable: 95.78 (As of Mar. 2026) — Near Median

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BOM:542682 Harish Textile Engineers Ltd BOM:542682
76 GF Score
Price ₹70.84
GF Value ₹66.31
Valuation Fairly Valued
! 2 Warning Signs
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What is Harish Textile Engineers Days Payable?

Harish Textile Engineers BOM:542682 +1.71% 76 Days Payable is 95.78 as of Mar. 2026, which is 9% below its 10-year median of 105.36. GuruFocus rates BOM:542682 with a GF Score™ of 76/100 and a GF Value™ of ₹66.31 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,993 Industrial Products companies, Harish Textile Engineers ranks better than 61.18% on this metric.

Harish Textile Engineers's average Accounts Payable for the three months ended in Mar. 2026 was ₹230 Mil. Harish Textile Engineers's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹219 Mil. Hence, Harish Textile Engineers's Days Payable for the three months ended in Mar. 2026 was 95.78.

The historical rank and industry rank for Harish Textile Engineers's Days Payable or its related term are showing as below:

BOM:542682' s Days Payable Range Over the Past 10 Years
Min: 83.69   Med: 105.36   Max: 257.22
Current: 101.69

During the past 10 years, Harish Textile Engineers's highest Days Payable was 257.22. The lowest was 83.69. And the median was 105.36.

BOM:542682's Days Payable is ranked better than
61.18% of 2993 companies
in the Industrial Products industry
Industry Median: 77.82 vs BOM:542682: 101.69

Harish Textile Engineers's Days Payable declined from Mar. 2025 (102.89) to Mar. 2026 (95.78). It may suggest that Harish Textile Engineers accelerated paying its suppliers.


Harish Textile Engineers Days Payable Historical Data

* Premium members only.

The historical data trend for Harish Textile Engineers'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.

Harish Textile Engineers Days Payable Chart

Harish Textile Engineers 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 105.36 96.94 83.69 94.19 100.92

Harish Textile Engineers 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 102.89 105.77 102.15 105.17 95.78

BOM:542682 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Harish Textile Engineers'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.


Harish Textile Engineers Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harish Textile Engineers's Days Payable distribution charts can be found below:

* The bar in red indicates where Harish Textile Engineers's Days Payable falls into.


BOM:542682
76GF Score
Harish Textile Engineers Ltd BOM:542682
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Harish Textile Engineers 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.

Harish Textile Engineers'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
=( (228.563 + 229.887) / 2 ) / 829.049*365
=229.225 / 829.049*365
=100.92

Harish Textile Engineers'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 + 229.887) / 1 ) / 219.016*365 / 4
=229.887 / 219.016*365 / 4
=95.78

* 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 95.78 mean?
Harish Textile Engineers (BOM:542682) has a Days Payable of 95.78 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 Harish Textile Engineers and its competitors. This is near median its historical median of 105.36. Over the past decade, Harish Textile Engineers' Days Payable has ranged from 83.69 to 257.22. According to the industry distribution chart, Harish Textile Engineers ranks #1162 out of 2993 companies in the Industrial Products industry, placing it in the top 38.8%.
Is Harish Textile Engineers' Days Payable too high?
Harish Textile Engineers' current Days Payable of 95.78 is near median its 10-year median of 105.36. Over the past 10 years, this metric has ranged from a low of 83.69 to a high of 257.22. The Industrial Products industry median Days Payable is 77.82. Harish Textile Engineers' value of 95.78 is 23.1% above this industry median. Based on the distribution chart, Harish Textile Engineers ranks #1162 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harish Textile Engineers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harish Textile Engineers' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Harish Textile Engineers ranks #1162 out of 2993 companies for Days Payable. This puts Harish Textile Engineers in the upper half of its industry. The industry median Days Payable is 77.82. Harish Textile Engineers' value of 95.78 is 23.1% above this benchmark. Historically, Harish Textile Engineers' own Days Payable has ranged from 83.69 to 257.22 over the past decade. While the company's 10-year median is 105.36 vs. the industry median of 77.82, Harish Textile Engineers 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.82, based on 2,993 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. Harish Textile Engineers's current Days Payable of 95.78 is 23.1% 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 Harish Textile Engineers and its competitors. For the Industrial Products industry, the median Days Payable is 77.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harish Textile Engineers's current Days Payable is 95.78, which is near median its own 10-year median of 105.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harish Textile Engineers stock overvalued right now?
Based on GuruFocus' analysis, Harish Textile Engineers (BOM:542682) is currently considered Fairly Valued. The stock's GF Value™ is ₹66.31, compared to a current price of ₹70.84 — trading 6.8% above its estimated fair value. The current Days Payable is 95.78, which is near median its 10-year median of 105.36 and 23.1% above the Industrial Products industry median of 77.82. Harish Textile Engineers' overall GF Score™ is 76/100 with 2 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 Harish Textile Engineers (BOM:542682), the current Days Payable is 95.78 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 Harish Textile Engineers (BOM:542682) Overvalued in 2026?

Based on GuruFocus' analysis, Harish Textile Engineers stock appears to be overvalued. The current stock price of ₹70.84 is trading 6.8% above its estimated GF Value™ of ₹66.31. GuruFocus considers Harish Textile Engineers to be Fairly Valued.

Key valuation signals for BOM:542682:

  • Days Payable: 95.78 (near median its 10-year median of 105.36)
  • GF Value™: ₹66.31 vs. price of ₹70.84 (6.8% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 23.1% above the Industrial Products median (#1162 of 2993)

No single metric tells the full story. See the BOM:542682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harish Textile Engineers Business Description

Address 19, Parsi Panchayat Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400069
Harish Textile Engineers Ltd is engaged in the manufacturing of textile processing and finishing machinery, the production of non-woven fabrics, and the production of polyester staple fiber. Its segments include Textile Engineering, Non-Woven and PSF. It offers products such as Stenter, Rotary Printing, Jigger, Dyeing Padder, Coater, Scouring, Curing, Relax Dryer, fabrics for automotive interiors, shoe liners, and various other products. The company generates key revenue from the Non-Woven segment.
76GF Score

Get the complete analysis for BOM:542682

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

₹70.84
Price
₹66.31
GF Value