What is Indo Rama Synthetics (India) Days Payable?
Indo Rama Synthetics (India)NSE:INDORAMA -1.25%64 Days Payable is 153.56 as of Mar. 2026, which is 19% above its 10-year median of 128.70. GuruFocus rates NSE:INDORAMA with a GF Score™ of 64/100 and a GF Value™ of ₹59.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Indo Rama Synthetics (India) ranks better than 84.25% on this metric.
The historical rank and industry rank for Indo Rama Synthetics (India)'s Days Payable or its related term are showing as below:
NSE:INDORAMA'
s Days Payable Range Over the Past 10 Years
Min: 110.88 Med: 128.7 Max: 168.91
Current: 131.25
During the past 13 years, Indo Rama Synthetics (India)'s highest Days Payable was 168.91. The lowest was 110.88. And the median was 128.70.
NSE:INDORAMA's Days Payable is ranked better than 84.25% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs NSE:INDORAMA: 131.25
* 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 Rama Synthetics (India) Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Indo Rama Synthetics (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.
Indo Rama Synthetics (India) Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indo Rama Synthetics (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Indo Rama Synthetics (India)'s Days Payable falls into.
Indo Rama Synthetics (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.
* 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 Rama Synthetics (India) (NSE:INDORAMA) has a Days Payable of 153.56 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 Rama Synthetics (India) and its competitors. This is 19% above median its historical median of 128.70. Over the past decade, Indo Rama Synthetics (India)'s Days Payable has ranged from 110.88 to 168.91. According to the industry distribution chart, Indo Rama Synthetics (India) ranks #160 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15.7%.
Is Indo Rama Synthetics (India)'s Days Payable too high?
Indo Rama Synthetics (India)'s current Days Payable of 153.56 is 19% above median its 10-year median of 128.70. Over the past 10 years, this metric has ranged from a low of 110.88 to a high of 168.91. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Indo Rama Synthetics (India)'s value of 153.56 is 184.1% above this industry median. Based on the distribution chart, Indo Rama Synthetics (India) ranks #160 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Rama Synthetics (India) has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indo Rama Synthetics (India)'s Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indo Rama Synthetics (India) ranks #160 out of 1016 companies for Days Payable. This places Indo Rama Synthetics (India) in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Indo Rama Synthetics (India)'s value of 153.56 is 184.1% above this benchmark. Historically, Indo Rama Synthetics (India)'s own Days Payable has ranged from 110.88 to 168.91 over the past decade. While the company's 10-year median is 128.70 vs. the industry median of 54.05, Indo Rama Synthetics (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 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 Rama Synthetics (India)'s current Days Payable of 153.56 is 184.1% 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 Rama Synthetics (India) 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 Rama Synthetics (India)'s current Days Payable is 153.56, which is 19% above median its own 10-year median of 128.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Rama Synthetics (India) stock overvalued right now?
Based on GuruFocus' analysis, Indo Rama Synthetics (India) (NSE:INDORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹59.14, compared to a current price of ₹44.32 — trading 25.1% below its estimated fair value. The current Days Payable is 153.56, which is 19% above median its 10-year median of 128.70 and 184.1% above the Manufacturing - Apparel & Accessories industry median of 54.05. Indo Rama Synthetics (India)'s overall GF Score™ is 64/100 with 2 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 Rama Synthetics (India) (NSE:INDORAMA), the current Days Payable is 153.56 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 Rama Synthetics (India) (NSE:INDORAMA) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Rama Synthetics (India) stock appears to be undervalued.
The current stock price of ₹44.32 is trading 25.1% below its estimated GF Value™ of ₹59.14.
GuruFocus considers Indo Rama Synthetics (India) to be Modestly Undervalued.
Key valuation signals for NSE:INDORAMA:
Days Payable: 153.56 (19% above median its 10-year median of 128.70)
GF Value™: ₹59.14 vs. price of ₹44.32 (25.1% below fair value)
Industry Position: 184.1% above the Manufacturing - Apparel & Accessories median (#160 of 1016)
No single metric tells the full story. See the NSE:INDORAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Rama Synthetics (India) Ltd is a polyester manufacturer. The company offers products such as Polyester Staple Fibre (PSF), Partially Oriented Yarn (POY), Draw Texturised Yarn (DTY), Fully Drawn Yarn (FDY), Polyester Chips, and Others. Its only operating segment is the manufacturing and trading of Polyester goods. Geographically, it derives a majority of revenue from India and also has a presence in Turkey, Nepal, and Other overseas countries.
64GF Score
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