Nishat MillsKAR:NML +1.62%73 Days Payable is 44.06 as of Mar. 2026, which is 56% above its 10-year median of 28.20. GuruFocus rates KAR:NML with a GF Score™ of 73/100 and a GF Value™ of ₨78.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Nishat Mills ranks worse than 62.3% on this metric.
Nishat Mills's Days Payable
declined
from Mar. 2025 (44.16) to Mar. 2026 (44.06).
It may suggest that Nishat Millsaccelerated paying its suppliers.
Nishat Mills Days Payable Related Terms
Nishat Mills Days Payable Historical Data
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The historical data trend for Nishat Mills'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 Textile Manufacturing subindustry, Nishat Mills'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 Mills Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nishat Mills's Days Payable distribution charts can be found below:
* The bar in red indicates where Nishat Mills'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.
Nishat Mills's Days Payable for the fiscal year that ended in Jun. 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.
Nishat Mills (KAR:NML) has a Days Payable of 44.06 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 Mills and its competitors. This is 56% above median its historical median of 28.20. Over the past decade, Nishat Mills' Days Payable has ranged from 20.87 to 41.58. According to the industry distribution chart, Nishat Mills ranks #633 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62.3%.
Is Nishat Mills' Days Payable too high?
Nishat Mills' current Days Payable of 44.06 is 56% above median its 10-year median of 28.20. Over the past 10 years, this metric has ranged from a low of 20.87 to a high of 41.58. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Nishat Mills' value of 44.06 is 18.5% below this industry median. Based on the distribution chart, Nishat Mills ranks #633 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nishat Mills has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nishat Mills ranks #633 out of 1016 companies for Days Payable. This places Nishat Mills in the lower half of its industry. The industry median Days Payable is 54.05. Nishat Mills' value of 44.06 is 18.5% below this benchmark. Historically, Nishat Mills' own Days Payable has ranged from 20.87 to 41.58 over the past decade. While the company's 10-year median is 28.20 vs. the industry median of 54.05, Nishat Mills 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 Mills's current Days Payable of 44.06 is 18.5% 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 Mills 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 Mills's current Days Payable is 44.06, which is 56% above median its own 10-year median of 28.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Mills stock overvalued right now?
Based on GuruFocus' analysis, Nishat Mills (KAR:NML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨78.61, compared to a current price of ₨160.42 — trading 104.1% above its estimated fair value. The current Days Payable is 44.06, which is 56% above median its 10-year median of 28.20 and 18.5% below the Manufacturing - Apparel & Accessories industry median of 54.05. Nishat Mills' overall GF Score™ is 73/100 with 7 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 Mills (KAR:NML), the current Days Payable is 44.06 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 Mills (KAR:NML) Overvalued in 2026?
Based on GuruFocus' analysis, Nishat Mills stock appears to be overvalued.
The current stock price of ₨160.42 is trading 104.1% above its estimated GF Value™ of ₨78.61.
GuruFocus considers Nishat Mills to be Significantly Overvalued.
Key valuation signals for KAR:NML:
Days Payable: 44.06 (56% above median its 10-year median of 28.20)
GF Value™: ₨78.61 vs. price of ₨160.42 (104.1% above fair value)
Industry Position: 18.5% below the Manufacturing - Apparel & Accessories median (#633 of 1016)
No single metric tells the full story. See the KAR:NML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishat Mills Ltd is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity. The company's segments are Spinning, Weaving, Dyeing, Denim, Workwear, Home Textile and Terry, Garments and Power Generation. It derives the majority of the revenue from Spinning segment that produces different quality of yarn including dyed yarn and sewing thread using natural and artificial fibres. Geographically it operates in Europe, America, Asia, Africa and Australia, and Pakistan.
73GF Score
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