Globale TessileNSE:GLOBALE +3.66%21 Days Payable is 66.83 as of Mar. 2026, which is 43% above its 10-year median of 46.82. GuruFocus rates NSE:GLOBALE with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Globale Tessile ranks better than 80.41% on this metric.
The historical rank and industry rank for Globale Tessile's Days Payable or its related term are showing as below:
NSE:GLOBALE'
s Days Payable Range Over the Past 10 Years
Min: 33.31 Med: 46.82 Max: 152.04
Current: 116.51
During the past 10 years, Globale Tessile's highest Days Payable was 152.04. The lowest was 33.31. And the median was 46.82.
NSE:GLOBALE's Days Payable is ranked better than 80.41% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs NSE:GLOBALE: 116.51
Globale Tessile's Days Payable
declined
from Mar. 2025 (142.17) to Mar. 2026 (66.83).
It may suggest that Globale Tessileaccelerated paying its suppliers.
Globale Tessile Days Payable Related Terms
Globale Tessile Days Payable Historical Data
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The historical data trend for Globale Tessile'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.
Globale Tessile Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Globale Tessile'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.
Globale Tessile Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globale Tessile's Days Payable distribution charts can be found below:
* The bar in red indicates where Globale Tessile'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.
Globale Tessile'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.
Globale Tessile (NSE:GLOBALE) has a Days Payable of 66.83 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 Globale Tessile and its competitors. This is 43% above median its historical median of 46.82. Over the past decade, Globale Tessile's Days Payable has ranged from 33.31 to 152.04. According to the industry distribution chart, Globale Tessile ranks #199 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.6%.
Is Globale Tessile's Days Payable too high?
Globale Tessile's current Days Payable of 66.83 is 43% above median its 10-year median of 46.82. Over the past 10 years, this metric has ranged from a low of 33.31 to a high of 152.04. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Globale Tessile's value of 66.83 is 23.7% above this industry median. Based on the distribution chart, Globale Tessile ranks #199 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Globale Tessile has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Globale Tessile's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globale Tessile ranks #199 out of 1016 companies for Days Payable. This places Globale Tessile in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Globale Tessile's value of 66.83 is 23.7% above this benchmark. Historically, Globale Tessile's own Days Payable has ranged from 33.31 to 152.04 over the past decade. While the company's 10-year median is 46.82 vs. the industry median of 54.05, Globale Tessile 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. Globale Tessile's current Days Payable of 66.83 is 23.7% 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 Globale Tessile 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. Globale Tessile's current Days Payable is 66.83, which is 43% above median its own 10-year median of 46.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globale Tessile stock overvalued right now?
Globale Tessile (NSE:GLOBALE) has a current Days Payable of 66.83. The current Days Payable is 66.83, which is 43% above median its 10-year median of 46.82 and 23.7% above the Manufacturing - Apparel & Accessories industry median of 54.05. Globale Tessile's overall GF Score™ is 21/100 with 4 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 Globale Tessile (NSE:GLOBALE), the current Days Payable is 66.83 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.
Globale Tessile Ltd is principally engaged in the business of trading textile products. The company's products include Beaded George Fabric, Embroidery Fabric, African Print Fabric, African George Fabric, and Ladies Kaftans.
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