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Shanti SpintexBOM:544059 44 Days Payable is 30.00 as of Mar. 2026, which is 40% below its 10-year median of 50.29. GuruFocus rates BOM:544059 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Shanti Spintex ranks worse than 77.35% on this metric.
The historical rank and industry rank for Shanti Spintex's Days Payable or its related term are showing as below:
BOM:544059'
s Days Payable Range Over the Past 10 Years
Min: 28.09 Med: 50.29 Max: 106.54
Current: 28.09
During the past 6 years, Shanti Spintex's highest Days Payable was 106.54. The lowest was 28.09. And the median was 50.29.
BOM:544059's Days Payable is ranked worse than 77.35% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265
vs BOM:544059: 28.09
Shanti Spintex's Days Payable
increased
from Mar. 2025 (27.54) to Mar. 2026 (30.00).
It may suggest that Shanti Spintexdelayed paying its suppliers.
Shanti Spintex Days Payable Related Terms
Shanti Spintex Days Payable Historical Data
* Premium members only.
The historical data trend for Shanti Spintex'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.
For the Textile Manufacturing subindustry, Shanti Spintex'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.
Shanti Spintex Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanti Spintex's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanti Spintex'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.
Shanti Spintex'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.
Shanti Spintex (BOM:544059) has a Days Payable of 30.00 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 Shanti Spintex and its competitors. This is 40% below median its historical median of 50.29. Over the past decade, Shanti Spintex's Days Payable has ranged from 28.09 to 106.54. According to the industry distribution chart, Shanti Spintex ranks #789 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.4%.
Is Shanti Spintex's Days Payable too high?
Shanti Spintex's current Days Payable of 30.00 is 40% below median its 10-year median of 50.29. Over the past 10 years, this metric has ranged from a low of 28.09 to a high of 106.54. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Shanti Spintex's value of 30.00 is 44.7% below this industry median. Based on the distribution chart, Shanti Spintex ranks #789 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shanti Spintex has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanti Spintex ranks #789 out of 1020 companies for Days Payable. This places Shanti Spintex in the lower half of its industry. The industry median Days Payable is 54.27. Shanti Spintex's value of 30.00 is 44.7% below this benchmark. Historically, Shanti Spintex's own Days Payable has ranged from 28.09 to 106.54 over the past decade. While the company's 10-year median is 50.29 vs. the industry median of 54.27, Shanti Spintex 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 1,020 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. Shanti Spintex's current Days Payable of 30.00 is 44.7% 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 Shanti Spintex 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. Shanti Spintex's current Days Payable is 30.00, which is 40% below median its own 10-year median of 50.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current Days Payable of 30.00. The current Days Payable is 30.00, which is 40% below median its 10-year median of 50.29 and 44.7% below the Manufacturing - Apparel & Accessories industry median of 54.27. Shanti Spintex's overall GF Score™ is 44/100 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 Shanti Spintex (BOM:544059), the current Days Payable is 30.00 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.
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
44GF Score
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