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Filatex IndiaNSE:FILATEX +4.41%72 Days Payable is 52.91 as of Jun. 2026, which is 50% above its 10-year median of 35.34. GuruFocus rates NSE:FILATEX with a GF Score™ of 72/100 and a GF Value™ of ₹53.26 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Filatex India ranks better than 54.92% on this metric.
The historical rank and industry rank for Filatex India's Days Payable or its related term are showing as below:
NSE:FILATEX'
s Days Payable Range Over the Past 10 Years
Min: 27.46 Med: 35.34 Max: 59.64
Current: 59.64
During the past 13 years, Filatex India's highest Days Payable was 59.64. The lowest was 27.46. And the median was 35.34.
NSE:FILATEX's Days Payable is ranked better than 54.92% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.115
vs NSE:FILATEX: 59.64
Filatex India's Days Payable
declined
from Jun. 2025 (57.80) to Jun. 2026 (52.91).
It may suggest that Filatex Indiaaccelerated paying its suppliers.
The historical data trend for Filatex India'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.
For the Textile Manufacturing subindustry, Filatex India'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.
Filatex India Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Filatex India's Days Payable distribution charts can be found below:
* The bar in red indicates where Filatex India's Days Payable falls into.
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.
Filatex India's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Filatex India (NSE:FILATEX) has a Days Payable of 52.91 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Filatex India and its competitors. This is 50% above median its historical median of 35.34. Over the past decade, Filatex India's Days Payable has ranged from 27.46 to 59.64. According to the industry distribution chart, Filatex India ranks #458 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.1%.
Is Filatex India's Days Payable too high?
Filatex India's current Days Payable of 52.91 is 50% above median its 10-year median of 35.34. Over the past 10 years, this metric has ranged from a low of 27.46 to a high of 59.64. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.12. Filatex India's value of 52.91 is 2.2% below this industry median. Based on the distribution chart, Filatex India ranks #458 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Filatex India has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Filatex India's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Filatex India ranks #458 out of 1016 companies for Days Payable. This puts Filatex India in the upper half of its industry. The industry median Days Payable is 54.12. Filatex India's value of 52.91 is 2.2% below this benchmark. Historically, Filatex India's own Days Payable has ranged from 27.46 to 59.64 over the past decade. While the company's 10-year median is 35.34 vs. the industry median of 54.12, Filatex India 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 54.12, 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. Filatex India's current Days Payable of 52.91 is 2.2% 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 Filatex India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Filatex India's current Days Payable is 52.91, which is 50% above median its own 10-year median of 35.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filatex India stock overvalued right now?
Based on GuruFocus' analysis, Filatex India (NSE:FILATEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹53.26, compared to a current price of ₹81.36 — trading 52.8% above its estimated fair value. The current Days Payable is 52.91, which is 50% above median its 10-year median of 35.34 and 2.2% below the Manufacturing - Apparel & Accessories industry median of 54.12. Filatex India's overall GF Score™ is 72/100 with 8 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 Filatex India (NSE:FILATEX), the current Days Payable is 52.91 as of Jun. 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 Filatex India (NSE:FILATEX) Overvalued in 2026?
Based on GuruFocus' analysis, Filatex India stock appears to be overvalued.
The current stock price of ₹81.36 is trading 52.8% above its estimated GF Value™ of ₹53.26.
GuruFocus considers Filatex India to be Significantly Overvalued.
Key valuation signals for NSE:FILATEX:
Days Payable: 52.91 (50% above median its 10-year median of 35.34)
GF Value™: ₹53.26 vs. price of ₹81.36 (52.8% above fair value)
Industry Position: 2.2% below the Manufacturing - Apparel & Accessories median (#458 of 1016)
No single metric tells the full story. See the NSE:FILATEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Filatex India Ltd is a manufacturer of Polyester Filament yarn. The company's product line includes Polyester Filament Yarn, Polypropylene Filament Yarn, Draw Texturized Yarn, Fully Drawn Yarn, Textile Grade Chips, Narrow Customized Fabrics, and Monofilament Yarns. Its only operating segment is the Manufacture and Trading of Synthetic Yarn and Textiles. Geographically, it derives a majority of its revenue from India.
72GF Score
Get the complete analysis for NSE:FILATEX
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