Globe Enterprises (India)NSE:GLOBE -0.46%78 Days Payable is 64.55 as of Dec. 2025, which is 12% above its 10-year median of 57.45. GuruFocus rates NSE:GLOBE with a GF Score™ of 78/100 and a GF Value™ of ₹1.83 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Globe Enterprises (India) ranks better than 64.36% on this metric.
The historical rank and industry rank for Globe Enterprises (India)'s Days Payable or its related term are showing as below:
NSE:GLOBE'
s Days Payable Range Over the Past 10 Years
Min: 33.31 Med: 57.45 Max: 113.51
Current: 72.28
During the past 13 years, Globe Enterprises (India)'s highest Days Payable was 113.51. The lowest was 33.31. And the median was 57.45.
NSE:GLOBE's Days Payable is ranked better than 64.36% of 1013
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99
vs NSE:GLOBE: 72.28
* 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.
Globe Enterprises (India) Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Globe Enterprises (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.
Globe Enterprises (India) Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe Enterprises (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Globe Enterprises (India)'s Days Payable falls into.
Globe Enterprises (India) 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.
Globe Enterprises (India)'s Days Payable for the fiscal year that ended in Mar. 2025 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.
Globe Enterprises (India) (NSE:GLOBE) has a Days Payable of 64.55 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Globe Enterprises (India) and its competitors. This is 12% above median its historical median of 57.45. Over the past decade, Globe Enterprises (India)'s Days Payable has ranged from 33.31 to 113.51. According to the industry distribution chart, Globe Enterprises (India) ranks #361 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.6%.
Is Globe Enterprises (India)'s Days Payable too high?
Globe Enterprises (India)'s current Days Payable of 64.55 is 12% above median its 10-year median of 57.45. Over the past 10 years, this metric has ranged from a low of 33.31 to a high of 113.51. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Globe Enterprises (India)'s value of 64.55 is 19.6% above this industry median. Based on the distribution chart, Globe Enterprises (India) ranks #361 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Globe Enterprises (India) has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe Enterprises (India)'s Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globe Enterprises (India) ranks #361 out of 1013 companies for Days Payable. This puts Globe Enterprises (India) in the upper half of its industry. The industry median Days Payable is 53.99. Globe Enterprises (India)'s value of 64.55 is 19.6% above this benchmark. Historically, Globe Enterprises (India)'s own Days Payable has ranged from 33.31 to 113.51 over the past decade. While the company's 10-year median is 57.45 vs. the industry median of 53.99, Globe Enterprises (India) 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 53.99, based on 1,013 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. Globe Enterprises (India)'s current Days Payable of 64.55 is 19.6% 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 Globe Enterprises (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Enterprises (India)'s current Days Payable is 64.55, which is 12% above median its own 10-year median of 57.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Enterprises (India) stock overvalued right now?
Based on GuruFocus' analysis, Globe Enterprises (India) (NSE:GLOBE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1.83, compared to a current price of ₹2.15 — trading 17.5% above its estimated fair value. The current Days Payable is 64.55, which is 12% above median its 10-year median of 57.45 and 19.6% above the Manufacturing - Apparel & Accessories industry median of 53.99. Globe Enterprises (India)'s overall GF Score™ is 78/100 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 Globe Enterprises (India) (NSE:GLOBE), the current Days Payable is 64.55 as of Dec. 2025. 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 Globe Enterprises (India) (NSE:GLOBE) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Enterprises (India) stock appears to be overvalued.
The current stock price of ₹2.15 is trading 17.5% above its estimated GF Value™ of ₹1.83.
GuruFocus considers Globe Enterprises (India) to be Modestly Overvalued.
Key valuation signals for NSE:GLOBE:
Days Payable: 64.55 (12% above median its 10-year median of 57.45)
GF Value™: ₹1.83 vs. price of ₹2.15 (17.5% above fair value)
Industry Position: 19.6% above the Manufacturing - Apparel & Accessories median (#361 of 1013)
No single metric tells the full story. See the NSE:GLOBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Enterprises (India) Ltd, formerly known as Globe Textiles (India) Ltd, is mainly involved in the trading and manufacturing of textile products. The company's product portfolio includes denim and non-denim fabrics, shirting fabrics, printed fabrics, home textiles, jeans, and yarns. Geographically, the company generates maximum revenue from domestic sales and also exports its products to other countries.
78GF Score
Get the complete analysis for NSE:GLOBE
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