Nishat (Chunian) (KAR:NCL) Days Payable: 43.44 (As of Mar. 2026) — 262% Above Median


KAR:NCL Nishat (Chunian) Ltd KAR:NCL
62 GF Score
Price ₨40.94
GF Value ₨31.51
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Nishat (Chunian) Days Payable?

Nishat (Chunian) KAR:NCL -0.63% 62 Days Payable is 43.44 as of Mar. 2026, which is 262% above its 10-year median of 12.00. GuruFocus rates KAR:NCL with a GF Score™ of 62/100 and a GF Value™ of ₨31.51 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Nishat (Chunian) ranks worse than 69.88% on this metric.

Nishat (Chunian)'s average Accounts Payable for the three months ended in Mar. 2026 was ₨8,981 Mil. Nishat (Chunian)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₨18,866 Mil. Hence, Nishat (Chunian)'s Days Payable for the three months ended in Mar. 2026 was 43.44.

The historical rank and industry rank for Nishat (Chunian)'s Days Payable or its related term are showing as below:

KAR:NCL' s Days Payable Range Over the Past 10 Years
Min: 6.74   Med: 12   Max: 33.96
Current: 33.96

During the past 13 years, Nishat (Chunian)'s highest Days Payable was 33.96. The lowest was 6.74. And the median was 12.00.

KAR:NCL's Days Payable is ranked worse than
69.88% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs KAR:NCL: 33.96

Nishat (Chunian)'s Days Payable increased from Mar. 2025 (29.45) to Mar. 2026 (43.44). It may suggest that Nishat (Chunian) delayed paying its suppliers.


Nishat (Chunian) Days Payable Historical Data

* Premium members only.

The historical data trend for Nishat (Chunian)'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.

Nishat (Chunian) Days Payable Chart

Nishat (Chunian) Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.15 8.34 6.74 7.27 9.34

Nishat (Chunian) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.45 24.55 21.44 43.32 43.44

Nishat (Chunian) Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Nishat (Chunian)'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.


Nishat (Chunian) Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Nishat (Chunian)'s Days Payable falls into.


KAR:NCL
62GF Score
Nishat (Chunian) Ltd KAR:NCL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishat (Chunian) 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.

Nishat (Chunian)'s Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1766.945 + 2149.179) / 2 ) / 76531.741*365
=1958.062 / 76531.741*365
=9.34

Nishat (Chunian)'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (9562.493 + 8398.847) / 2 ) / 18866.157*365 / 4
=8980.67 / 18866.157*365 / 4
=43.44

* 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 43.44 mean?
Nishat (Chunian) (KAR:NCL) has a Days Payable of 43.44 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 Nishat (Chunian) and its competitors. This is 262% above median its historical median of 12.00. Over the past decade, Nishat (Chunian)'s Days Payable has ranged from 6.74 to 33.96. According to the industry distribution chart, Nishat (Chunian) ranks #710 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.9%.
Is Nishat (Chunian)'s Days Payable too high?
Nishat (Chunian)'s current Days Payable of 43.44 is 262% above median its 10-year median of 12.00. Over the past 10 years, this metric has ranged from a low of 6.74 to a high of 33.96. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Nishat (Chunian)'s value of 43.44 is 19.6% below this industry median. Based on the distribution chart, Nishat (Chunian) ranks #710 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nishat (Chunian) has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat (Chunian)'s Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nishat (Chunian) ranks #710 out of 1016 companies for Days Payable. This places Nishat (Chunian) in the lower half of its industry. The industry median Days Payable is 54.05. Nishat (Chunian)'s value of 43.44 is 19.6% below this benchmark. Historically, Nishat (Chunian)'s own Days Payable has ranged from 6.74 to 33.96 over the past decade. While the company's 10-year median is 12.00 vs. the industry median of 54.05, Nishat (Chunian) 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. Nishat (Chunian)'s current Days Payable of 43.44 is 19.6% 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 Nishat (Chunian) 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. Nishat (Chunian)'s current Days Payable is 43.44, which is 262% above median its own 10-year median of 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat (Chunian) stock overvalued right now?
Based on GuruFocus' analysis, Nishat (Chunian) (KAR:NCL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨31.51, compared to a current price of ₨40.94 — trading 29.9% above its estimated fair value. The current Days Payable is 43.44, which is 262% above median its 10-year median of 12.00 and 19.6% below the Manufacturing - Apparel & Accessories industry median of 54.05. Nishat (Chunian)'s overall GF Score™ is 62/100 with 9 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 Nishat (Chunian) (KAR:NCL), the current Days Payable is 43.44 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.

Is Nishat (Chunian) (KAR:NCL) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat (Chunian) stock appears to be overvalued. The current stock price of ₨40.94 is trading 29.9% above its estimated GF Value™ of ₨31.51. GuruFocus considers Nishat (Chunian) to be Modestly Overvalued.

Key valuation signals for KAR:NCL:

  • Days Payable: 43.44 (262% above median its 10-year median of 12.00)
  • GF Value™: ₨31.51 vs. price of ₨40.94 (29.9% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 19.6% below the Manufacturing - Apparel & Accessories median (#710 of 1016)

No single metric tells the full story. See the KAR:NCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nishat (Chunian) Business Description

Address 31-Q, Gulberg II, Lahore, PB, PAK, 54660
Nishat (Chunian) Ltd is engaged in the textile business. The company has the following segments namely Spinning; Weaving; Processing and Home Textile; and Power Generation. The company exports its products to Europe, Asia, Africa, Australia, the United States of America, and Pakistan. It is engaged in business of spinning, weaving, dyeing, printing, stitching, processing, doubling, sizing, buying, selling and otherwise dealing in yarn, fabrics and made-ups made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity and steam. The company earns the majority of its revenue from the Spinning Segment.
62GF Score

Get the complete analysis for KAR:NCL

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

₨40.94
Price
₨31.51
GF Value