GHCL Textiles (BOM:543918) Days Payable: 20.62 (As of Mar. 2026) — 37% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:543918 GHCL Textiles Ltd BOM:543918
56 GF Score
Price ₹115.58
GF Value ₹104.56
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is GHCL Textiles Days Payable?

GHCL Textiles BOM:543918 +0.26% 56 Days Payable is 20.62 as of Mar. 2026, which is 37% above its 10-year median of 15.10. GuruFocus rates BOM:543918 with a GF Score™ of 56/100 and a GF Value™ of ₹104.56 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, GHCL Textiles ranks worse than 87.92% on this metric.

GHCL Textiles's average Accounts Payable for the three months ended in Mar. 2026 was ₹630 Mil. GHCL Textiles's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,788 Mil. Hence, GHCL Textiles's Days Payable for the three months ended in Mar. 2026 was 20.62.

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

BOM:543918' s Days Payable Range Over the Past 10 Years
Min: 12.3   Med: 15.1   Max: 20.67
Current: 18.02

During the past 4 years, GHCL Textiles's highest Days Payable was 20.67. The lowest was 12.30. And the median was 15.10.

BOM:543918's Days Payable is ranked worse than
87.92% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265 vs BOM:543918: 18.02

GHCL Textiles's Days Payable increased from Mar. 2025 (17.74) to Mar. 2026 (20.62). It may suggest that GHCL Textiles delayed paying its suppliers.


GHCL Textiles Days Payable Historical Data

* Premium members only.

The historical data trend for GHCL Textiles'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.

GHCL Textiles Days Payable Chart

GHCL Textiles Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
0.00 12.30 15.10 20.67

GHCL Textiles Quarterly Data
Jun22 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 17.74 22.14 12.74 12.13 20.62

GHCL Textiles Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, GHCL Textiles'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.


GHCL Textiles Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where GHCL Textiles's Days Payable falls into.


BOM:543918
56GF Score
GHCL Textiles Ltd BOM:543918
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GHCL Textiles 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.

GHCL Textiles'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
=( (417.7 + 629.8) / 2 ) / 9250.8*365
=523.75 / 9250.8*365
=20.67

GHCL Textiles'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 + 629.8) / 1 ) / 2787.6*365 / 4
=629.8 / 2787.6*365 / 4
=20.62

* 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 20.62 mean?
GHCL Textiles (BOM:543918) has a Days Payable of 20.62 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 GHCL Textiles and its competitors. This is 37% above median its historical median of 15.10. Over the past decade, GHCL Textiles' Days Payable has ranged from 12.30 to 20.67. According to the industry distribution chart, GHCL Textiles ranks #895 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.9%.
Is GHCL Textiles' Days Payable too high?
GHCL Textiles' current Days Payable of 20.62 is 37% above median its 10-year median of 15.10. Over the past 10 years, this metric has ranged from a low of 12.30 to a high of 20.67. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. GHCL Textiles' value of 20.62 is 62% below this industry median. Based on the distribution chart, GHCL Textiles ranks #895 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, GHCL Textiles has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GHCL Textiles' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GHCL Textiles ranks #895 out of 1018 companies for Days Payable. This places GHCL Textiles in the lower half of its industry. The industry median Days Payable is 54.27. GHCL Textiles' value of 20.62 is 62% below this benchmark. Historically, GHCL Textiles' own Days Payable has ranged from 12.30 to 20.67 over the past decade. While the company's 10-year median is 15.10 vs. the industry median of 54.27, GHCL Textiles 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 1,018 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. GHCL Textiles's current Days Payable of 20.62 is 62% 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 GHCL Textiles 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. GHCL Textiles's current Days Payable is 20.62, which is 37% above median its own 10-year median of 15.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GHCL Textiles stock overvalued right now?
Based on GuruFocus' analysis, GHCL Textiles (BOM:543918) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹104.56, compared to a current price of ₹115.58 — trading 10.5% above its estimated fair value. The current Days Payable is 20.62, which is 37% above median its 10-year median of 15.10 and 62% below the Manufacturing - Apparel & Accessories industry median of 54.27. GHCL Textiles' overall GF Score™ is 56/100 with 5 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 GHCL Textiles (BOM:543918), the current Days Payable is 20.62 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 GHCL Textiles (BOM:543918) Overvalued in 2026?

Based on GuruFocus' analysis, GHCL Textiles stock appears to be overvalued. The current stock price of ₹115.58 is trading 10.5% above its estimated GF Value™ of ₹104.56. GuruFocus considers GHCL Textiles to be Modestly Overvalued.

Key valuation signals for BOM:543918:

  • Days Payable: 20.62 (37% above median its 10-year median of 15.10)
  • GF Value™: ₹104.56 vs. price of ₹115.58 (10.5% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 62% below the Manufacturing - Apparel & Accessories median (#895 of 1018)

No single metric tells the full story. See the BOM:543918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GHCL Textiles Business Description

Other Exchanges GHCLTEXTIL:India
Address B-38, Institutional Area, GHCL House, Sector-1, Noida, UP, IND, 201301
GHCL Textiles Ltd is engaged in the manufacturing and trading of yarn and fabric. Its product portfolio includes Cotton Yarn, Vortex, open-end yarn, Cellulosic & Blended Yarns, TFO double yarns, and synthetic blended yarns. The Company generates a majority of its revenue from India, with the remaining revenue from overseas markets.
56GF Score

Get the complete analysis for BOM:543918

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

₹115.58
Price
₹104.56
GF Value