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Kandal M VentureFMFC +2.69%21 Days Payable is 51.63 as of Sep. 2025, which is 20% below its 10-year median of 64.93. GuruFocus rates FMFC with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Kandal M Venture ranks better than 54.13% on this metric.
Kandal M Venture's Days Payable
declined
from Sep. 2024 (53.43) to Sep. 2025 (51.63).
It may suggest that Kandal M Ventureaccelerated paying its suppliers.
Kandal M Venture Days Payable Related Terms
Kandal M Venture Days Payable Historical Data
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The historical data trend for Kandal M Venture'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 Footwear & Accessories subindustry, Kandal M Venture'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.
Kandal M Venture Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kandal M Venture's Days Payable distribution charts can be found below:
* The bar in red indicates where Kandal M Venture'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.
Kandal M Venture's Days Payable for the fiscal year that ended in Mar. 2025 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.
Kandal M Venture (FMFC) has a Days Payable of 51.63 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kandal M Venture and its competitors. This is 20% below median its historical median of 64.93. Over the past decade, Kandal M Venture's Days Payable has ranged from 55.71 to 72.56. According to the industry distribution chart, Kandal M Venture ranks #466 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.9%.
Is Kandal M Venture's Days Payable too high?
Kandal M Venture's current Days Payable of 51.63 is 20% below median its 10-year median of 64.93. Over the past 10 years, this metric has ranged from a low of 55.71 to a high of 72.56. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Kandal M Venture's value of 51.63 is 4.7% below this industry median. Based on the distribution chart, Kandal M Venture ranks #466 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Kandal M Venture has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Kandal M Venture's Days Payable compare to AREB and NKE?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kandal M Venture ranks #466 out of 1016 companies for Days Payable. This puts Kandal M Venture in the upper half of its industry. The industry median Days Payable is 54.18. Kandal M Venture's value of 51.63 is 4.7% below this benchmark. Historically, Kandal M Venture's own Days Payable has ranged from 55.71 to 72.56 over the past decade. While the company's 10-year median is 64.93 vs. the industry median of 54.18, Kandal M Venture 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 54.18, 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. Kandal M Venture's current Days Payable of 51.63 is 4.7% 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 Kandal M Venture and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandal M Venture's current Days Payable is 51.63, which is 20% below median its own 10-year median of 64.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandal M Venture stock overvalued right now?
Kandal M Venture (FMFC) has a current Days Payable of 51.63. The current Days Payable is 51.63, which is 20% below median its 10-year median of 64.93 and 4.7% below the Manufacturing - Apparel & Accessories industry median of 54.18. Kandal M Venture's overall GF Score™ is 21/100 with 2 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 Kandal M Venture (FMFC), the current Days Payable is 51.63 as of Sep. 2025. 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.
Kandal M Venture Ltd is engaged in manufacturing affordable luxury leather goods. The company manufactures handbags, such as shoulder bags, crossbody bags, tote bags, backpacks, top-handle handbags, satchels, and other smaller leather goods, such as wallets. Geographically, the company derives maximum revenue from the United States, and it also has its presence in Europe, Canada, Japan, and Other countries.
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