Bhartiya International (NSE:BIL) Days Payable: 132.61 (As of Mar. 2026) — 72% Above Median


NSE:BIL Bhartiya International Ltd NSE:BIL
79 GF Score
Price ₹771.20
GF Value ₹793.72
Valuation Fairly Valued
! 3 Warning Signs
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What is Bhartiya International Days Payable?

Bhartiya International NSE:BIL -0.65% 79 Days Payable is 132.61 as of Mar. 2026, which is 72% above its 10-year median of 77.14. GuruFocus rates NSE:BIL with a GF Score™ of 79/100 and a GF Value™ of ₹793.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Bhartiya International ranks better than 79.23% on this metric.

Bhartiya International's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,683 Mil. Bhartiya International's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,846 Mil. Hence, Bhartiya International's Days Payable for the three months ended in Mar. 2026 was 132.61.

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

NSE:BIL' s Days Payable Range Over the Past 10 Years
Min: 41.39   Med: 77.14   Max: 111.92
Current: 111.92

During the past 13 years, Bhartiya International's highest Days Payable was 111.92. The lowest was 41.39. And the median was 77.14.

NSE:BIL's Days Payable is ranked better than
79.23% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs NSE:BIL: 111.92

Bhartiya International's Days Payable increased from Mar. 2025 (127.40) to Mar. 2026 (132.61). It may suggest that Bhartiya International delayed paying its suppliers.


Bhartiya International Days Payable Historical Data

* Premium members only.

The historical data trend for Bhartiya International'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.

Bhartiya International Days Payable Chart

Bhartiya International 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 76.48 65.50 80.97 107.03 105.44

Bhartiya International 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 127.40 114.38 103.48 114.11 132.61

NSE:BIL vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, Bhartiya International'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.


Bhartiya International Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bhartiya International's Days Payable falls into.


NSE:BIL
79GF Score
Bhartiya International Ltd NSE:BIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhartiya International 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.

Bhartiya International'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
=( (2017.394 + 2683.067) / 2 ) / 8135.487*365
=2350.2305 / 8135.487*365
=105.44

Bhartiya International'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 + 2683.067) / 1 ) / 1846.219*365 / 4
=2683.067 / 1846.219*365 / 4
=132.61

* 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 132.61 mean?
Bhartiya International (NSE:BIL) has a Days Payable of 132.61 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 Bhartiya International and its competitors. This is 72% above median its historical median of 77.14. Over the past decade, Bhartiya International's Days Payable has ranged from 41.39 to 111.92. According to the industry distribution chart, Bhartiya International ranks #211 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.8%.
Is Bhartiya International's Days Payable too high?
Bhartiya International's current Days Payable of 132.61 is 72% above median its 10-year median of 77.14. Over the past 10 years, this metric has ranged from a low of 41.39 to a high of 111.92. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Bhartiya International's value of 132.61 is 145.4% above this industry median. Based on the distribution chart, Bhartiya International ranks #211 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bhartiya International has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bhartiya International's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bhartiya International ranks #211 out of 1016 companies for Days Payable. This places Bhartiya International in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Bhartiya International's value of 132.61 is 145.4% above this benchmark. Historically, Bhartiya International's own Days Payable has ranged from 41.39 to 111.92 over the past decade. While the company's 10-year median is 77.14 vs. the industry median of 54.05, Bhartiya International 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 54.05, 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. Bhartiya International's current Days Payable of 132.61 is 145.4% 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 Bhartiya International 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. Bhartiya International's current Days Payable is 132.61, which is 72% above median its own 10-year median of 77.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhartiya International stock overvalued right now?
Based on GuruFocus' analysis, Bhartiya International (NSE:BIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹793.72, compared to a current price of ₹771.20 — trading 2.8% below its estimated fair value. The current Days Payable is 132.61, which is 72% above median its 10-year median of 77.14 and 145.4% above the Manufacturing - Apparel & Accessories industry median of 54.05. Bhartiya International's overall GF Score™ is 79/100 with 3 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 Bhartiya International (NSE:BIL), the current Days Payable is 132.61 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 Bhartiya International (NSE:BIL) Overvalued in 2026?

Based on GuruFocus' analysis, Bhartiya International stock appears to be undervalued. The current stock price of ₹771.20 is trading 2.8% below its estimated GF Value™ of ₹793.72. GuruFocus considers Bhartiya International to be Fairly Valued.

Key valuation signals for NSE:BIL:

  • Days Payable: 132.61 (72% above median its 10-year median of 77.14)
  • GF Value™: ₹793.72 vs. price of ₹771.20 (2.8% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 145.4% above the Manufacturing - Apparel & Accessories median (#211 of 1016)

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


Bhartiya International Business Description

Other Exchanges 526666:India
Address 38, Sector 44, New Delhi Capital Region, Gurgaon, HR, IND, 122002
Bhartiya International Ltd is an Indian company engaged in the manufacturing, trading, and export of leather and textile products. It is in the Fashion Apparels and accessories segment. The company specializes in leather outerwear, bags, accessories, belts, wallets, and other leather goods, alongside textile apparel and leather finishing services. It operates multiple production facilities mainly in the Bangalore-Chennai region and has manufacturing capabilities in China for leather garments. The company's revenue comes from the sale and export of leather and textile products.
79GF Score

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

₹771.20
Price
₹793.72
GF Value