Garware Technical FibresNSE:GARFIBRES -3.17%93 Days Payable is 189.05 as of Mar. 2026, which is 2% below its 10-year median of 193.42. GuruFocus rates NSE:GARFIBRES with a GF Score™ of 93/100 and a GF Value™ of ₹826.46 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Garware Technical Fibres ranks better than 92.39% on this metric.
The historical rank and industry rank for Garware Technical Fibres's Days Payable or its related term are showing as below:
NSE:GARFIBRES'
s Days Payable Range Over the Past 10 Years
Min: 145.06 Med: 193.42 Max: 213.27
Current: 209.37
During the past 13 years, Garware Technical Fibres's highest Days Payable was 213.27. The lowest was 145.06. And the median was 193.42.
NSE:GARFIBRES's Days Payable is ranked better than 92.39% of 1012
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945
vs NSE:GARFIBRES: 209.37
* 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.
Garware Technical Fibres Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Garware Technical Fibres'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.
Garware Technical Fibres Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Days Payable distribution charts can be found below:
* The bar in red indicates where Garware Technical Fibres'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.
Garware Technical Fibres'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.
Garware Technical Fibres (NSE:GARFIBRES) has a Days Payable of 189.05 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 Garware Technical Fibres and its competitors. This is near median its historical median of 193.42. Over the past decade, Garware Technical Fibres' Days Payable has ranged from 145.06 to 213.27. According to the industry distribution chart, Garware Technical Fibres ranks #77 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 7.6%.
Is Garware Technical Fibres' Days Payable too high?
Garware Technical Fibres' current Days Payable of 189.05 is near median its 10-year median of 193.42. Over the past 10 years, this metric has ranged from a low of 145.06 to a high of 213.27. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. Garware Technical Fibres' value of 189.05 is 250.4% above this industry median. Based on the distribution chart, Garware Technical Fibres ranks #77 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Garware Technical Fibres has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Garware Technical Fibres ranks #77 out of 1012 companies for Days Payable. This places Garware Technical Fibres in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.95. Garware Technical Fibres' value of 189.05 is 250.4% above this benchmark. Historically, Garware Technical Fibres' own Days Payable has ranged from 145.06 to 213.27 over the past decade. While the company's 10-year median is 193.42 vs. the industry median of 53.95, Garware Technical Fibres 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 53.95, 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. Garware Technical Fibres's current Days Payable of 189.05 is 250.4% 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 Garware Technical Fibres and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Technical Fibres's current Days Payable is 189.05, which is near median its own 10-year median of 193.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (NSE:GARFIBRES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹826.46, compared to a current price of ₹702.30 — trading 15% below its estimated fair value. The current Days Payable is 189.05, which is near median its 10-year median of 193.42 and 250.4% above the Manufacturing - Apparel & Accessories industry median of 53.95. Garware Technical Fibres' overall GF Score™ is 93/100 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 Garware Technical Fibres (NSE:GARFIBRES), the current Days Payable is 189.05 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 Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued.
The current stock price of ₹702.30 is trading 15% below its estimated GF Value™ of ₹826.46.
GuruFocus considers Garware Technical Fibres to be Modestly Undervalued.
Key valuation signals for NSE:GARFIBRES:
Days Payable: 189.05 (near median its 10-year median of 193.42)
GF Value™: ₹826.46 vs. price of ₹702.30 (15% below fair value)
Industry Position: 250.4% above the Manufacturing - Apparel & Accessories median (#77 of 1012)
No single metric tells the full story. See the NSE:GARFIBRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
93GF Score
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