Aastha Spintex (NSE:AASTHA) Days Payable: 65.90 (As of Mar. 2025) — Near Median

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NSE:AASTHA Aastha Spintex Ltd NSE:AASTHA
14 GF Score
Price ₹102.62
! 1 Warning Sign
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What is Aastha Spintex Days Payable?

Aastha Spintex NSE:AASTHA -0.37% 14 Days Payable is 65.90 as of Mar. 2025, which is 7% above its 10-year median of 61.84. GuruFocus rates NSE:AASTHA with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks better than 59.33% on this metric.

Aastha Spintex's average Accounts Payable for the six months ended in Mar. 2025 was ₹523 Mil. Aastha Spintex's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹2,895 Mil. Hence, Aastha Spintex's Days Payable for the six months ended in Mar. 2025 was 32.95.

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

NSE:AASTHA' s Days Payable Range Over the Past 10 Years
Min: 37.6   Med: 61.84   Max: 65.9
Current: 65.9

During the past 3 years, Aastha Spintex's highest Days Payable was 65.90. The lowest was 37.60. And the median was 61.84.

NSE:AASTHA's Days Payable is ranked better than
59.33% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.265 vs NSE:AASTHA: 65.90

Aastha Spintex's Days Payable increased from Mar. 2023 (37.60) to Mar. 2025 (65.90). It may suggest that Aastha Spintex delayed paying its suppliers.


Aastha Spintex Days Payable Historical Data

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The historical data trend for Aastha Spintex'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.

Aastha Spintex Days Payable Chart

Aastha Spintex Annual Data
Trend Mar23 Mar24 Mar25
Days Payable
37.60 61.84 65.90

Aastha Spintex Semi-Annual Data
Mar23 Mar24 Mar25
Days Payable 37.60 61.84 65.90

NSE:AASTHA vs : Days Payable Comparison

For the Textile Manufacturing subindustry, Aastha Spintex'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.


Aastha Spintex Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Aastha Spintex's Days Payable falls into.


NSE:AASTHA
14GF Score
Aastha Spintex Ltd NSE:AASTHA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aastha Spintex 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.

Aastha Spintex's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (650.706 + 394.657) / 2 ) / 2895.091*365
=522.6815 / 2895.091*365
=65.90

Aastha Spintex's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (650.706 + 394.657) / 2 ) / 2895.091*365 / 2
=522.6815 / 2895.091*365 / 2
=32.95

* 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 65.90 mean?
Aastha Spintex (NSE:AASTHA) has a Days Payable of 65.90 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Aastha Spintex and its competitors. This is near median its historical median of 61.84. Over the past decade, Aastha Spintex's Days Payable has ranged from 37.60 to 65.90. According to the industry distribution chart, Aastha Spintex ranks #414 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.7%.
Is Aastha Spintex's Days Payable too high?
Aastha Spintex's current Days Payable of 65.90 is near median its 10-year median of 61.84. Over the past 10 years, this metric has ranged from a low of 37.60 to a high of 65.90. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.27. Aastha Spintex's value of 65.90 is 21.4% above this industry median. Based on the distribution chart, Aastha Spintex ranks #414 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Aastha Spintex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's Days Payable compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #414 out of 1018 companies for Days Payable. This puts Aastha Spintex in the upper half of its industry. The industry median Days Payable is 54.27. Aastha Spintex's value of 65.90 is 21.4% above this benchmark. Historically, Aastha Spintex's own Days Payable has ranged from 37.60 to 65.90 over the past decade. While the company's 10-year median is 61.84 vs. the industry median of 54.27, Aastha Spintex has consistently been above 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 54.27, based on 1,018 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. Aastha Spintex's current Days Payable of 65.90 is 21.4% above 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 Aastha Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current Days Payable is 65.90, which is near median its own 10-year median of 61.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current Days Payable of 65.90. The current Days Payable is 65.90, which is near median its 10-year median of 61.84 and 21.4% above the Manufacturing - Apparel & Accessories industry median of 54.27. Aastha Spintex's overall GF Score™ is 14/100 with 1 warning sign 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 Aastha Spintex (NSE:AASTHA), the current Days Payable is 65.90 as of Mar. 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.

Aastha Spintex Business Description

Comparable Companies
Other Exchanges 544808:India
Address Halvadmaliya Highway, Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad, Surendra Nagar, GJ, IND, 363 330
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
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₹102.62
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