Sihora Industries (BOM:544585) Days Payable: 31.04 (As of Mar. 2026) — 71% Below Median

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BOM:544585 Sihora Industries Ltd BOM:544585
18 GF Score
Price ₹59.00
! 5 Warning Signs
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What is Sihora Industries Days Payable?

Sihora Industries BOM:544585 18 Days Payable is 31.04 as of Mar. 2026, which is 71% below its 10-year median of 105.63. GuruFocus rates BOM:544585 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Sihora Industries ranks better than 57.06% on this metric.

Sihora Industries's average Accounts Payable for the six months ended in Mar. 2026 was ₹11.6 Mil. Sihora Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹68.5 Mil. Hence, Sihora Industries's Days Payable for the six months ended in Mar. 2026 was 31.04.

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

BOM:544585' s Days Payable Range Over the Past 10 Years
Min: 38.46   Med: 105.63   Max: 202.77
Current: 62.08

During the past 4 years, Sihora Industries's highest Days Payable was 202.77. The lowest was 38.46. And the median was 105.63.

BOM:544585's Days Payable is ranked better than
57.06% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.435 vs BOM:544585: 62.08

Sihora Industries's Days Payable increased from Mar. 2024 (0.00) to Mar. 2026 (31.04). It may suggest that Sihora Industries delayed paying its suppliers.


Sihora Industries Days Payable Historical Data

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The historical data trend for Sihora 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.

Sihora Industries Days Payable Chart

Sihora Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
202.77 147.30 63.95 38.46

Sihora Industries Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Days Payable 0.00 0.00 61.62 31.04

Sihora Industries Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Sihora 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.


Sihora Industries Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sihora Industries's Days Payable falls into.


BOM:544585
18GF Score
Sihora Industries Ltd BOM:544585
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sihora Industries 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.

Sihora Industries'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
=( (12.412 + 10.879) / 2 ) / 110.523*365
=11.6455 / 110.523*365
=38.46

Sihora Industries'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: Mar. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (12.412 + 10.879) / 2 ) / 68.474*365 / 2
=11.6455 / 68.474*365 / 2
=31.04

* 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 31.04 mean?
Sihora Industries (BOM:544585) has a Days Payable of 31.04 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 Sihora Industries and its competitors. This is 71% below median its historical median of 105.63. Over the past decade, Sihora Industries' Days Payable has ranged from 38.46 to 202.77. According to the industry distribution chart, Sihora Industries ranks #438 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.9%.
Is Sihora Industries' Days Payable too high?
Sihora Industries' current Days Payable of 31.04 is 71% below median its 10-year median of 105.63. Over the past 10 years, this metric has ranged from a low of 38.46 to a high of 202.77. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.44. Sihora Industries' value of 31.04 is 43% below this industry median. Based on the distribution chart, Sihora Industries ranks #438 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Sihora Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Sihora Industries' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sihora Industries ranks #438 out of 1020 companies for Days Payable. This puts Sihora Industries in the upper half of its industry. The industry median Days Payable is 54.44. Sihora Industries' value of 31.04 is 43% below this benchmark. Historically, Sihora Industries' own Days Payable has ranged from 38.46 to 202.77 over the past decade. While the company's 10-year median is 105.63 vs. the industry median of 54.44, Sihora 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 54.44, 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. Sihora Industries's current Days Payable of 31.04 is 43% 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 Sihora Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sihora Industries's current Days Payable is 31.04, which is 71% below median its own 10-year median of 105.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sihora Industries stock overvalued right now?
Sihora Industries (BOM:544585) has a current Days Payable of 31.04. The current Days Payable is 31.04, which is 71% below median its 10-year median of 105.63 and 43% below the Manufacturing - Apparel & Accessories industry median of 54.44. Sihora Industries' overall GF Score™ is 18/100 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 Sihora Industries (BOM:544585), the current Days Payable is 31.04 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.

Sihora Industries Business Description

Address Plot 34/D-1, Laxminarayan, BRC Compound, Udhna, Mangrol, Surat, GJ, IND, 394210
Sihora Industries Ltd is engaged in the business of manufacturing and sale of narrow woven fabrics, lace, digitally printed narrow fabrics, woven labels, tapes, zippers, elastics and other textile products, including technical textiles, for use in fashion and industrial sectors. Its business integrates technology with traditional manufacturing processes for apparel clients, proprietary brands, and contract customers. The company manufactures customizable products for brands, retailers, wholesalers, and end consumers.
18GF Score

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