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Shine Fashions (India)BOM:543244 +4.82%74 Days Payable is 144.83 as of Mar. 2026, which is 212% above its 10-year median of 46.49. GuruFocus rates BOM:543244 with a GF Score™ of 74/100 and a GF Value™ of ₹56.59 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Shine Fashions (India) ranks better than 87.16% on this metric.
The historical rank and industry rank for Shine Fashions (India)'s Days Payable or its related term are showing as below:
BOM:543244'
s Days Payable Range Over the Past 10 Years
Min: 20.04 Med: 46.49 Max: 171.15
Current: 151.84
During the past 7 years, Shine Fashions (India)'s highest Days Payable was 171.15. The lowest was 20.04. And the median was 46.49.
BOM:543244's Days Payable is ranked better than 87.16% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265
vs BOM:543244: 151.84
* 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.
Shine Fashions (India) Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Shine Fashions (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.
Shine Fashions (India) Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shine Fashions (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Shine Fashions (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.
Shine Fashions (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.
Shine Fashions (India) (BOM:543244) has a Days Payable of 144.83 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 Shine Fashions (India) and its competitors. This is 212% above median its historical median of 46.49. Over the past decade, Shine Fashions (India)'s Days Payable has ranged from 20.04 to 171.15. According to the industry distribution chart, Shine Fashions (India) ranks #131 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.8%.
Is Shine Fashions (India)'s Days Payable too high?
Shine Fashions (India)'s current Days Payable of 144.83 is 212% above median its 10-year median of 46.49. Over the past 10 years, this metric has ranged from a low of 20.04 to a high of 171.15. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Shine Fashions (India)'s value of 144.83 is 166.9% above this industry median. Based on the distribution chart, Shine Fashions (India) ranks #131 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shine Fashions (India) has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shine Fashions (India)'s Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shine Fashions (India) ranks #131 out of 1020 companies for Days Payable. This places Shine Fashions (India) in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.27. Shine Fashions (India)'s value of 144.83 is 166.9% above this benchmark. Historically, Shine Fashions (India)'s own Days Payable has ranged from 20.04 to 171.15 over the past decade. While the company's 10-year median is 46.49 vs. the industry median of 54.27, Shine Fashions (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. Shine Fashions (India)'s current Days Payable of 144.83 is 166.9% 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 Shine Fashions (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. Shine Fashions (India)'s current Days Payable is 144.83, which is 212% above median its own 10-year median of 46.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Fashions (India) stock overvalued right now?
Based on GuruFocus' analysis, Shine Fashions (India) (BOM:543244) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.59, compared to a current price of ₹21.09 — trading 62.7% below its estimated fair value. The current Days Payable is 144.83, which is 212% above median its 10-year median of 46.49 and 166.9% above the Manufacturing - Apparel & Accessories industry median of 54.27. Shine Fashions (India)'s overall GF Score™ is 74/100 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 Shine Fashions (India) (BOM:543244), the current Days Payable is 144.83 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 Shine Fashions (India) (BOM:543244) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Fashions (India) stock appears to be undervalued.
The current stock price of ₹21.09 is trading 62.7% below its estimated GF Value™ of ₹56.59.
GuruFocus considers Shine Fashions (India) to be Possible Value Trap.
Key valuation signals for BOM:543244:
Days Payable: 144.83 (212% above median its 10-year median of 46.49)
GF Value™: ₹56.59 vs. price of ₹21.09 (62.7% below fair value)
Industry Position: 166.9% above the Manufacturing - Apparel & Accessories median (#131 of 1020)
No single metric tells the full story. See the BOM:543244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Fashions (India) Ltd imports, supplies, and trades non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company's product portfolio includes Hot Web Adhesive; Woven Stretch Interlining; Cap Interlining; Tricot; Non-Woven Interlining; Cotton Fusible Interlining; and Trafetta. It offers products in white, off-white, black, and charcoal.
74GF Score
Get the complete analysis for BOM:543244
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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