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Piotex IndustriesBOM:544178 19 Days Payable is 34.59 as of Mar. 2026, which is 6% above its 10-year median of 32.77. GuruFocus rates BOM:544178 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Piotex Industries ranks worse than 89.42% on this metric.
The historical rank and industry rank for Piotex Industries's Days Payable or its related term are showing as below:
BOM:544178'
s Days Payable Range Over the Past 10 Years
Min: 11.21 Med: 32.77 Max: 46.52
Current: 16.12
During the past 5 years, Piotex Industries's highest Days Payable was 46.52. The lowest was 11.21. And the median was 32.77.
BOM:544178's Days Payable is ranked worse than 89.42% of 1021
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.6
vs BOM:544178: 16.12
Piotex Industries's Days Payable
increased
from Mar. 2025 (31.29) to Mar. 2026 (34.59).
It may suggest that Piotex Industriesdelayed paying its suppliers.
The historical data trend for Piotex Industries'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.
Piotex Industries Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Piotex Industries'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.
Piotex Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piotex Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Piotex Industries'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.
Piotex Industries'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.
Piotex Industries (BOM:544178) has a Days Payable of 34.59 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 Piotex Industries and its competitors. This is near median its historical median of 32.77. Over the past decade, Piotex Industries' Days Payable has ranged from 11.21 to 46.52. According to the industry distribution chart, Piotex Industries ranks #913 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 89.4%.
Is Piotex Industries' Days Payable too high?
Piotex Industries' current Days Payable of 34.59 is near median its 10-year median of 32.77. Over the past 10 years, this metric has ranged from a low of 11.21 to a high of 46.52. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.60. Piotex Industries' value of 34.59 is 36.6% below this industry median. Based on the distribution chart, Piotex Industries ranks #913 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Piotex Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Piotex Industries' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piotex Industries ranks #913 out of 1021 companies for Days Payable. This places Piotex Industries in the lower half of its industry. The industry median Days Payable is 54.60. Piotex Industries' value of 34.59 is 36.6% below this benchmark. Historically, Piotex Industries' own Days Payable has ranged from 11.21 to 46.52 over the past decade. While the company's 10-year median is 32.77 vs. the industry median of 54.60, Piotex Industries 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 54.60, based on 1,021 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. Piotex Industries's current Days Payable of 34.59 is 36.6% 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 Piotex Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piotex Industries's current Days Payable is 34.59, which is near median its own 10-year median of 32.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piotex Industries stock overvalued right now?
Piotex Industries (BOM:544178) has a current Days Payable of 34.59. The current Days Payable is 34.59, which is near median its 10-year median of 32.77 and 36.6% below the Manufacturing - Apparel & Accessories industry median of 54.60. Piotex Industries' overall GF Score™ is 19/100 with 3 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 Piotex Industries (BOM:544178), the current Days Payable is 34.59 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.
Piotex Industries Ltd is in business of contract manufacturing and trading of yarn, fabric and cotton bales. Its Products are used for various purposes such as garments & home furnishings, etc. The company is engaged mainly in activities: like Trading of Cotton Bales, Synthetic Fiber, Cotton Yarn and Fabric.
19GF Score
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