Indo Count IndustriesNSE:ICIL -0.31%79 Days Payable is 74.95 as of Mar. 2026, which is 69% above its 10-year median of 44.28. GuruFocus rates NSE:ICIL with a GF Score™ of 79/100 and a GF Value™ of ₹355.62 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Indo Count Industries ranks better than 56.2% on this metric.
The historical rank and industry rank for Indo Count Industries's Days Payable or its related term are showing as below:
NSE:ICIL'
s Days Payable Range Over the Past 10 Years
Min: 32.73 Med: 44.28 Max: 61.12
Current: 61.12
During the past 13 years, Indo Count Industries's highest Days Payable was 61.12. The lowest was 32.73. And the median was 44.28.
NSE:ICIL's Days Payable is ranked better than 56.2% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs NSE:ICIL: 61.12
Indo Count Industries Days Payable Historical Data
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The historical data trend for Indo Count Industries'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.
Indo Count Industries Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Indo Count Industries'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.
Indo Count Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indo Count Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Indo Count Industries'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.
Indo Count Industries'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.
Indo Count Industries (NSE:ICIL) has a Days Payable of 74.95 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 Indo Count Industries and its competitors. This is 69% above median its historical median of 44.28. Over the past decade, Indo Count Industries' Days Payable has ranged from 32.73 to 61.12. According to the industry distribution chart, Indo Count Industries ranks #445 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 43.8%.
Is Indo Count Industries' Days Payable too high?
Indo Count Industries' current Days Payable of 74.95 is 69% above median its 10-year median of 44.28. Over the past 10 years, this metric has ranged from a low of 32.73 to a high of 61.12. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Indo Count Industries' value of 74.95 is 38.7% above this industry median. Based on the distribution chart, Indo Count Industries ranks #445 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Indo Count Industries has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Count Industries' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indo Count Industries ranks #445 out of 1016 companies for Days Payable. This puts Indo Count Industries in the upper half of its industry. The industry median Days Payable is 54.05. Indo Count Industries' value of 74.95 is 38.7% above this benchmark. Historically, Indo Count Industries' own Days Payable has ranged from 32.73 to 61.12 over the past decade. While the company's 10-year median is 44.28 vs. the industry median of 54.05, Indo Count Industries 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. Indo Count Industries's current Days Payable of 74.95 is 38.7% 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 Indo Count Industries 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. Indo Count Industries's current Days Payable is 74.95, which is 69% above median its own 10-year median of 44.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Count Industries stock overvalued right now?
Based on GuruFocus' analysis, Indo Count Industries (NSE:ICIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹355.62, compared to a current price of ₹436.90 — trading 22.9% above its estimated fair value. The current Days Payable is 74.95, which is 69% above median its 10-year median of 44.28 and 38.7% above the Manufacturing - Apparel & Accessories industry median of 54.05. Indo Count Industries' overall GF Score™ is 79/100 with 9 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 Indo Count Industries (NSE:ICIL), the current Days Payable is 74.95 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 Indo Count Industries (NSE:ICIL) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Count Industries stock appears to be overvalued.
The current stock price of ₹436.90 is trading 22.9% above its estimated GF Value™ of ₹355.62.
GuruFocus considers Indo Count Industries to be Modestly Overvalued.
Key valuation signals for NSE:ICIL:
Days Payable: 74.95 (69% above median its 10-year median of 44.28)
GF Value™: ₹355.62 vs. price of ₹436.90 (22.9% above fair value)
Industry Position: 38.7% above the Manufacturing - Apparel & Accessories median (#445 of 1016)
No single metric tells the full story. See the NSE:ICIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Count Industries Ltd is an India-based company principally engaged in the manufacturing and sale of textile products. The company manufactures and exports bed sheets, bed linen, utility bedding, pillowcases, fashion bedding, institutional bedding, comforters, quilts, decorative pillows, etc. Its products are marketed through brands like Pure Earth, Boutique Living, Atlas, Simply Put, Linen Closet, The Pure Collection, and Heirlooms of India. The company operates in a single segment and derives a majority of its revenue by exporting its products to countries like the United States of America, UAE, the United Kingdom, and others.
79GF Score
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