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Goblin IndiaBOM:542850 67 Days Payable is 124.34 as of Mar. 2026, which is 51% above its 10-year median of 82.52. GuruFocus rates BOM:542850 with a GF Score™ of 67/100 and a GF Value™ of ₹41.40 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Goblin India ranks better than 88.24% on this metric.
The historical rank and industry rank for Goblin India's Days Payable or its related term are showing as below:
BOM:542850'
s Days Payable Range Over the Past 10 Years
Min: 19.39 Med: 82.52 Max: 184.05
Current: 162.12
During the past 10 years, Goblin India's highest Days Payable was 184.05. The lowest was 19.39. And the median was 82.52.
BOM:542850's Days Payable is ranked better than 88.24% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265
vs BOM:542850: 162.12
Goblin India's Days Payable
declined
from Mar. 2025 (130.07) to Mar. 2026 (124.34).
It may suggest that Goblin Indiaaccelerated paying its suppliers.
Goblin India Days Payable Related Terms
Goblin India Days Payable Historical Data
* Premium members only.
The historical data trend for Goblin 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.
BOM:542850 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Goblin 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.
Goblin India Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goblin India's Days Payable distribution charts can be found below:
* The bar in red indicates where Goblin India'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.
Goblin India'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.
Goblin India (BOM:542850) has a Days Payable of 124.34 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 Goblin India and its competitors. This is 51% above median its historical median of 82.52. Over the past decade, Goblin India's Days Payable has ranged from 19.39 to 184.05. According to the industry distribution chart, Goblin India ranks #120 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 11.8%.
Is Goblin India's Days Payable too high?
Goblin India's current Days Payable of 124.34 is 51% above median its 10-year median of 82.52. Over the past 10 years, this metric has ranged from a low of 19.39 to a high of 184.05. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Goblin India's value of 124.34 is 129.1% above this industry median. Based on the distribution chart, Goblin India ranks #120 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Goblin India has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goblin India's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Goblin India ranks #120 out of 1020 companies for Days Payable. This places Goblin India in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.27. Goblin India's value of 124.34 is 129.1% above this benchmark. Historically, Goblin India's own Days Payable has ranged from 19.39 to 184.05 over the past decade. While the company's 10-year median is 82.52 vs. the industry median of 54.27, Goblin 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 54.27, 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. Goblin India's current Days Payable of 124.34 is 129.1% 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 Goblin India 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. Goblin India's current Days Payable is 124.34, which is 51% above median its own 10-year median of 82.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goblin India stock overvalued right now?
Based on GuruFocus' analysis, Goblin India (BOM:542850) is currently considered Possible Value Trap. The stock's GF Value™ is ₹41.40, compared to a current price of ₹8.00 — trading 80.7% below its estimated fair value. The current Days Payable is 124.34, which is 51% above median its 10-year median of 82.52 and 129.1% above the Manufacturing - Apparel & Accessories industry median of 54.27. Goblin India's overall GF Score™ is 67/100 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 Goblin India (BOM:542850), the current Days Payable is 124.34 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 Goblin India (BOM:542850) Overvalued in 2026?
Based on GuruFocus' analysis, Goblin India stock appears to be undervalued.
The current stock price of ₹8.00 is trading 80.7% below its estimated GF Value™ of ₹41.40.
GuruFocus considers Goblin India to be Possible Value Trap.
Key valuation signals for BOM:542850:
Days Payable: 124.34 (51% above median its 10-year median of 82.52)
GF Value™: ₹41.40 vs. price of ₹8.00 (80.7% below fair value)
Industry Position: 129.1% above the Manufacturing - Apparel & Accessories median (#120 of 1020)
No single metric tells the full story. See the BOM:542850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goblin India Ltd is engaged in the manufacturing of travel gear solutions. The company offers a variety of Travelling Gears, including Hard Luggage, Soft Luggage, and other accessories like wallets, purses, and travel neck pillows. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories, and corporate gifts. The company's products include office bags, trolley bags, overnight bags, etc.
67GF Score
Get the complete analysis for BOM:542850
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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