Avax Apparels And Ornaments (BOM:544337) Days Payable: 23.07 (As of Mar. 2026) — 33% Above Median


BOM:544337 Avax Apparels And Ornaments Ltd BOM:544337
18 GF Score
Price ₹52.00
! 6 Warning Signs
View Full Analysis

What is Avax Apparels And Ornaments Days Payable?

Avax Apparels And Ornaments BOM:544337 -2.18% 18 Days Payable is 23.07 as of Mar. 2026, which is 33% above its 10-year median of 17.29. GuruFocus rates BOM:544337 with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Avax Apparels And Ornaments ranks worse than 85.83% on this metric.

Avax Apparels And Ornaments's average Accounts Payable for the six months ended in Mar. 2026 was ₹22.8 Mil. Avax Apparels And Ornaments's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹180.2 Mil. Hence, Avax Apparels And Ornaments's Days Payable for the six months ended in Mar. 2026 was 23.07.

The historical rank and industry rank for Avax Apparels And Ornaments's Days Payable or its related term are showing as below:

BOM:544337' s Days Payable Range Over the Past 10 Years
Min: 7.22   Med: 17.29   Max: 342.3
Current: 20.3

During the past 6 years, Avax Apparels And Ornaments's highest Days Payable was 342.30. The lowest was 7.22. And the median was 17.29.

BOM:544337's Days Payable is ranked worse than
85.83% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs BOM:544337: 20.30

Avax Apparels And Ornaments's Days Payable declined from Mar. 2025 (34.03) to Mar. 2026 (23.07). It may suggest that Avax Apparels And Ornaments accelerated paying its suppliers.


Avax Apparels And Ornaments Days Payable Historical Data

* Premium members only.

The historical data trend for Avax Apparels And Ornaments'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.

Avax Apparels And Ornaments Days Payable Chart

Avax Apparels And Ornaments Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 342.30 23.81 17.29 10.82 7.22

Avax Apparels And Ornaments Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 38.99 34.03 30.65 23.07

BOM:544337 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Avax Apparels And Ornaments'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.


Avax Apparels And Ornaments Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Avax Apparels And Ornaments's Days Payable falls into.


BOM:544337
18GF Score
Avax Apparels And Ornaments Ltd BOM:544337
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avax Apparels And Ornaments 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.

Avax Apparels And Ornaments'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
=( (14.151 + 0.012) / 2 ) / 357.911*365
=7.0815 / 357.911*365
=7.22

Avax Apparels And Ornaments'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (45.548 + 0.012) / 2 ) / 180.195*365 / 2
=22.78 / 180.195*365 / 2
=23.07

* 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 23.07 mean?
Avax Apparels And Ornaments (BOM:544337) has a Days Payable of 23.07 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 Avax Apparels And Ornaments and its competitors. This is 33% above median its historical median of 17.29. Over the past decade, Avax Apparels And Ornaments' Days Payable has ranged from 7.22 to 342.30. According to the industry distribution chart, Avax Apparels And Ornaments ranks #872 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.8%.
Is Avax Apparels And Ornaments' Days Payable too high?
Avax Apparels And Ornaments' current Days Payable of 23.07 is 33% above median its 10-year median of 17.29. Over the past 10 years, this metric has ranged from a low of 7.22 to a high of 342.30. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Avax Apparels And Ornaments' value of 23.07 is 57.3% below this industry median. Based on the distribution chart, Avax Apparels And Ornaments ranks #872 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Avax Apparels And Ornaments has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Avax Apparels And Ornaments' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Avax Apparels And Ornaments ranks #872 out of 1016 companies for Days Payable. This places Avax Apparels And Ornaments in the lower half of its industry. The industry median Days Payable is 54.05. Avax Apparels And Ornaments' value of 23.07 is 57.3% below this benchmark. Historically, Avax Apparels And Ornaments' own Days Payable has ranged from 7.22 to 342.30 over the past decade. While the company's 10-year median is 17.29 vs. the industry median of 54.05, Avax Apparels And Ornaments 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 54.05, based on 1,016 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. Avax Apparels And Ornaments's current Days Payable of 23.07 is 57.3% 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 Avax Apparels And Ornaments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avax Apparels And Ornaments's current Days Payable is 23.07, which is 33% above median its own 10-year median of 17.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avax Apparels And Ornaments stock overvalued right now?
Avax Apparels And Ornaments (BOM:544337) has a current Days Payable of 23.07. The current Days Payable is 23.07, which is 33% above median its 10-year median of 17.29 and 57.3% below the Manufacturing - Apparel & Accessories industry median of 54.05. Avax Apparels And Ornaments' overall GF Score™ is 18/100 with 6 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 Avax Apparels And Ornaments (BOM:544337), the current Days Payable is 23.07 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.

Avax Apparels And Ornaments Business Description

Address 611, Jaina Tower ll, 6th floor, District center, Janakpuri, West Delhi, Delhi, IND, 110058
Avax Apparels And Ornaments Ltd engages in two distinct lines of business: Wholesale trading and Online retail of silver ornaments. Wholesale trading engages in the trading of knitted cloth. The company buys from manufacturers and supplies wholesale to companies and readymade garment manufacturers in Punjab. The company specializes in knitted cloth, which is used for manufacturing ladies' and gents' jackets. Online retail silver ornaments business which includes a range of designs and articles with a choice of the weight of products. The company has two segments namely; Knitted Clothes and Online Retail Sale - silver ornament. The company generates the majority of its revenue from the Knitted Clothes segment.
18GF Score

Get the complete analysis for BOM:544337

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

₹52.00
Price