What is Bannari Amman Spinning Mills Days Payable?
Bannari Amman Spinning MillsNSE:BASML +1.74%66 Days Payable is 37.20 as of Mar. 2026, which is 18% below its 10-year median of 45.58. GuruFocus rates NSE:BASML with a GF Score™ of 66/100 and a GF Value™ of ₹33.63 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Bannari Amman Spinning Mills ranks worse than 70.63% on this metric.
The historical rank and industry rank for Bannari Amman Spinning Mills's Days Payable or its related term are showing as below:
NSE:BASML'
s Days Payable Range Over the Past 10 Years
Min: 33.19 Med: 45.58 Max: 67.38
Current: 33.4
During the past 13 years, Bannari Amman Spinning Mills's highest Days Payable was 67.38. The lowest was 33.19. And the median was 45.58.
NSE:BASML's Days Payable is ranked worse than 70.63% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs NSE:BASML: 33.40
* 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.
Bannari Amman Spinning Mills Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Bannari Amman Spinning 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.
Bannari Amman Spinning Mills Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bannari Amman Spinning Mills's Days Payable distribution charts can be found below:
* The bar in red indicates where Bannari Amman Spinning Mills's Days Payable falls into.
Bannari Amman Spinning Mills 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.
* 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.
Bannari Amman Spinning Mills (NSE:BASML) has a Days Payable of 37.20 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 Bannari Amman Spinning Mills and its competitors. This is 18% below median its historical median of 45.58. Over the past decade, Bannari Amman Spinning Mills' Days Payable has ranged from 33.19 to 67.38. According to the industry distribution chart, Bannari Amman Spinning Mills ranks #719 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70.6%.
Is Bannari Amman Spinning Mills' Days Payable too high?
Bannari Amman Spinning Mills' current Days Payable of 37.20 is 18% below median its 10-year median of 45.58. Over the past 10 years, this metric has ranged from a low of 33.19 to a high of 67.38. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Bannari Amman Spinning Mills' value of 37.20 is 31.2% below this industry median. Based on the distribution chart, Bannari Amman Spinning Mills ranks #719 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bannari Amman Spinning Mills has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bannari Amman Spinning Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bannari Amman Spinning Mills ranks #719 out of 1018 companies for Days Payable. This places Bannari Amman Spinning Mills in the lower half of its industry. The industry median Days Payable is 54.05. Bannari Amman Spinning Mills' value of 37.20 is 31.2% below this benchmark. Historically, Bannari Amman Spinning Mills' own Days Payable has ranged from 33.19 to 67.38 over the past decade. While the company's 10-year median is 45.58 vs. the industry median of 54.05, Bannari Amman Spinning 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 1,018 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. Bannari Amman Spinning Mills's current Days Payable of 37.20 is 31.2% 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 Bannari Amman Spinning 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. Bannari Amman Spinning Mills's current Days Payable is 37.20, which is 18% below median its own 10-year median of 45.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bannari Amman Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills (NSE:BASML) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.63, compared to a current price of ₹28.08 — trading 16.5% below its estimated fair value. The current Days Payable is 37.20, which is 18% below median its 10-year median of 45.58 and 31.2% below the Manufacturing - Apparel & Accessories industry median of 54.05. Bannari Amman Spinning Mills' overall GF Score™ is 66/100 with 5 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 Bannari Amman Spinning Mills (NSE:BASML), the current Days Payable is 37.20 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 Bannari Amman Spinning Mills (NSE:BASML) Overvalued in 2026?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills stock appears to be undervalued.
The current stock price of ₹28.08 is trading 16.5% below its estimated GF Value™ of ₹33.63.
GuruFocus considers Bannari Amman Spinning Mills to be Modestly Undervalued.
Key valuation signals for NSE:BASML:
Days Payable: 37.20 (18% below median its 10-year median of 45.58)
GF Value™: ₹33.63 vs. price of ₹28.08 (16.5% below fair value)
Industry Position: 31.2% below the Manufacturing - Apparel & Accessories median (#719 of 1018)
No single metric tells the full story. See the NSE:BASML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bannari Amman Spinning Mills Ltd is an integrated textile company engaged in the manufacture of cotton yarn, knitted & woven fabrics, processing of fabrics, finished garments, home textiles, and wind power generation. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Home Textiles, and Windmills. It has one reportable segment as Textile. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.
66GF Score
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