Banswara Syntex (NSE:BANSWRAS) Days Payable: 47.06 (As of Mar. 2026) — 12% Below Median


NSE:BANSWRAS Banswara Syntex Ltd NSE:BANSWRAS
75 GF Score
Price ₹130.62
GF Value ₹147.75
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Banswara Syntex Days Payable?

Banswara Syntex NSE:BANSWRAS -1.46% 75 Days Payable is 47.06 as of Mar. 2026, which is 12% below its 10-year median of 53.74. GuruFocus rates NSE:BANSWRAS with a GF Score™ of 75/100 and a GF Value™ of ₹147.75 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Banswara Syntex ranks worse than 52.37% on this metric.

Banswara Syntex's average Accounts Payable for the three months ended in Mar. 2026 was ₹802 Mil. Banswara Syntex's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,556 Mil. Hence, Banswara Syntex's Days Payable for the three months ended in Mar. 2026 was 47.06.

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

NSE:BANSWRAS' s Days Payable Range Over the Past 10 Years
Min: 38.45   Med: 53.74   Max: 74.87
Current: 51.38

During the past 13 years, Banswara Syntex's highest Days Payable was 74.87. The lowest was 38.45. And the median was 53.74.

NSE:BANSWRAS's Days Payable is ranked worse than
52.37% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs NSE:BANSWRAS: 51.38

Banswara Syntex's Days Payable declined from Mar. 2025 (51.97) to Mar. 2026 (47.06). It may suggest that Banswara Syntex accelerated paying its suppliers.


Banswara Syntex Days Payable Historical Data

* Premium members only.

The historical data trend for Banswara Syntex'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.

Banswara Syntex Days Payable Chart

Banswara Syntex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.39 38.55 38.45 54.98 52.49

Banswara Syntex 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 51.97 58.61 48.11 50.53 47.06

Banswara Syntex Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Banswara Syntex'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.


Banswara Syntex Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Banswara Syntex's Days Payable falls into.


NSE:BANSWRAS
75GF Score
Banswara Syntex Ltd NSE:BANSWRAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Banswara Syntex 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.

Banswara Syntex'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
=( (843.171 + 802.378) / 2 ) / 5721.329*365
=822.7745 / 5721.329*365
=52.49

Banswara Syntex'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
=( (0 + 802.378) / 1 ) / 1555.741*365 / 4
=802.378 / 1555.741*365 / 4
=47.06

* 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 47.06 mean?
Banswara Syntex (NSE:BANSWRAS) has a Days Payable of 47.06 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 Banswara Syntex and its competitors. This is 12% below median its historical median of 53.74. Over the past decade, Banswara Syntex's Days Payable has ranged from 38.45 to 74.87. According to the industry distribution chart, Banswara Syntex ranks #530 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52.4%.
Is Banswara Syntex's Days Payable too high?
Banswara Syntex's current Days Payable of 47.06 is 12% below median its 10-year median of 53.74. Over the past 10 years, this metric has ranged from a low of 38.45 to a high of 74.87. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Banswara Syntex's value of 47.06 is 12.9% below this industry median. Based on the distribution chart, Banswara Syntex ranks #530 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Banswara Syntex has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banswara Syntex's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Banswara Syntex ranks #530 out of 1012 companies for Days Payable. This places Banswara Syntex in the lower half of its industry. The industry median Days Payable is 54.05. Banswara Syntex's value of 47.06 is 12.9% below this benchmark. Historically, Banswara Syntex's own Days Payable has ranged from 38.45 to 74.87 over the past decade. While the company's 10-year median is 53.74 vs. the industry median of 54.05, Banswara Syntex 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 1,012 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. Banswara Syntex's current Days Payable of 47.06 is 12.9% 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 Banswara Syntex 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. Banswara Syntex's current Days Payable is 47.06, which is 12% below median its own 10-year median of 53.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banswara Syntex stock overvalued right now?
Based on GuruFocus' analysis, Banswara Syntex (NSE:BANSWRAS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹147.75, compared to a current price of ₹130.62 — trading 11.6% below its estimated fair value. The current Days Payable is 47.06, which is 12% below median its 10-year median of 53.74 and 12.9% below the Manufacturing - Apparel & Accessories industry median of 54.05. Banswara Syntex's overall GF Score™ is 75/100 with 6 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 Banswara Syntex (NSE:BANSWRAS), the current Days Payable is 47.06 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 Banswara Syntex (NSE:BANSWRAS) Overvalued in 2026?

Based on GuruFocus' analysis, Banswara Syntex stock appears to be undervalued. The current stock price of ₹130.62 is trading 11.6% below its estimated GF Value™ of ₹147.75. GuruFocus considers Banswara Syntex to be Modestly Undervalued.

Key valuation signals for NSE:BANSWRAS:

  • Days Payable: 47.06 (12% below median its 10-year median of 53.74)
  • GF Value™: ₹147.75 vs. price of ₹130.62 (11.6% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 12.9% below the Manufacturing - Apparel & Accessories median (#530 of 1012)

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


Banswara Syntex Business Description

Other Exchanges 503722:India
Address 199, Princess Street, 4th/5th Floor, Gopal Bhawan, Mumbai, MH, IND, 400002
Banswara Syntex Ltd operates in the textile industry. The company's core business is the manufacturing and marketing of spun synthetic blended yarn, wool and wool mix yarn, spun synthetic and worsted fabrics, and cotton & linen fabrics, besides readymade garments. It also produces shirting and technical fabrics. The brands of the company include Uniqlo, Calvin Klein, Marks and Spencer, Next, and others.
75GF Score

Get the complete analysis for NSE:BANSWRAS

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

₹130.62
Price
₹147.75
GF Value