Borana Weaves (NSE:BORANA) Days Payable: 0.38 (As of Mar. 2026) — 96% Below Median

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NSE:BORANA Borana Weaves Ltd NSE:BORANA
18 GF Score
Price ₹302.25
! 2 Warning Signs
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What is Borana Weaves Days Payable?

Borana Weaves NSE:BORANA -1.60% 18 Days Payable is 0.38 as of Mar. 2026, which is 96% below its 10-year median of 9.72. GuruFocus rates NSE:BORANA with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Borana Weaves ranks worse than 96.07% on this metric.

Borana Weaves's average Accounts Payable for the three months ended in Mar. 2026 was ₹2 Mil. Borana Weaves's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹556 Mil. Hence, Borana Weaves's Days Payable for the three months ended in Mar. 2026 was 0.38.

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

NSE:BORANA' s Days Payable Range Over the Past 10 Years
Min: 0.37   Med: 9.72   Max: 27.34
Current: 8.27

During the past 5 years, Borana Weaves's highest Days Payable was 27.34. The lowest was 0.37. And the median was 9.72.

NSE:BORANA's Days Payable is ranked worse than
96.07% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs NSE:BORANA: 8.27

Borana Weaves's Days Payable declined from Mar. 2025 (8.84) to Mar. 2026 (0.38). It may suggest that Borana Weaves accelerated paying its suppliers.


Borana Weaves Days Payable Historical Data

* Premium members only.

The historical data trend for Borana Weaves'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.

Borana Weaves Days Payable Chart

Borana Weaves Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
3.59 9.72 24.00 27.34 0.37

Borana Weaves Quarterly Data
Mar22 Mar23 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 8.84 0.00 16.15 14.05 0.38

Borana Weaves Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Borana Weaves'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.


Borana Weaves Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Borana Weaves's Days Payable falls into.


NSE:BORANA
18GF Score
Borana Weaves Ltd NSE:BORANA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Borana Weaves 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.

Borana Weaves'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
=( (0 + 2.319) / 1 ) / 2278.473*365
=2.319 / 2278.473*365
=0.37

Borana Weaves'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 + 2.319) / 1 ) / 555.878*365 / 4
=2.319 / 555.878*365 / 4
=0.38

* 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 0.38 mean?
Borana Weaves (NSE:BORANA) has a Days Payable of 0.38 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 Borana Weaves and its competitors. This is 96% below median its historical median of 9.72. Over the past decade, Borana Weaves' Days Payable has ranged from 0.37 to 27.34. According to the industry distribution chart, Borana Weaves ranks #977 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 96.1%.
Is Borana Weaves' Days Payable too high?
Borana Weaves' current Days Payable of 0.38 is 96% below median its 10-year median of 9.72. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 27.34. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Borana Weaves' value of 0.38 is 99.3% below this industry median. Based on the distribution chart, Borana Weaves ranks #977 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Borana Weaves has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Borana Weaves' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Borana Weaves ranks #977 out of 1017 companies for Days Payable. This places Borana Weaves in the lower half of its industry. The industry median Days Payable is 54.22. Borana Weaves' value of 0.38 is 99.3% below this benchmark. Historically, Borana Weaves' own Days Payable has ranged from 0.37 to 27.34 over the past decade. While the company's 10-year median is 9.72 vs. the industry median of 54.22, Borana Weaves 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 54.22, based on 1,017 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. Borana Weaves's current Days Payable of 0.38 is 99.3% 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 Borana Weaves and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borana Weaves's current Days Payable is 0.38, which is 96% below median its own 10-year median of 9.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borana Weaves stock overvalued right now?
Borana Weaves (NSE:BORANA) has a current Days Payable of 0.38. The current Days Payable is 0.38, which is 96% below median its 10-year median of 9.72 and 99.3% below the Manufacturing - Apparel & Accessories industry median of 54.22. Borana Weaves' overall GF Score™ is 18/100 with 2 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 Borana Weaves (NSE:BORANA), the current Days Payable is 0.38 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.

Borana Weaves Business Description

Other Exchanges 544404:India
Address Hojiwala Industrial Estate, Plot No AA/34, B 16/16, SUSML, Sachin, Surat, GJ, IND, 394230
Borana Weaves Ltd is a manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat. The company's unbleached synthetic grey fabric is often widely used as a base for further processing (including dyeing and printing) in industries such as fashion, traditional textiles, technical textiles, home decor, interior design and others.
18GF Score

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