Jet Knitwears (NSE:JETKNIT) Days Payable: 50.51 (As of Mar. 2026) — 10% Above Median

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NSE:JETKNIT Jet Knitwears Ltd NSE:JETKNIT
59 GF Score
Price ₹48.45
GF Value ₹83.33
Valuation Possible Value Trap
! 6 Warning Signs
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What is Jet Knitwears Days Payable?

Jet Knitwears NSE:JETKNIT 59 Days Payable is 50.51 as of Mar. 2026, which is 10% above its 10-year median of 45.83. GuruFocus rates NSE:JETKNIT with a GF Score™ of 59/100 and a GF Value™ of ₹83.33 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Jet Knitwears ranks worse than 51.61% on this metric.

Jet Knitwears's average Accounts Payable for the six months ended in Mar. 2026 was ₹20.4 Mil. Jet Knitwears's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹73.8 Mil. Hence, Jet Knitwears's Days Payable for the six months ended in Mar. 2026 was 50.51.

The historical rank and industry rank for Jet Knitwears's Days Payable or its related term are showing as below:

NSE:JETKNIT' s Days Payable Range Over the Past 10 Years
Min: 25.8   Med: 45.83   Max: 56.9
Current: 51.69

During the past 13 years, Jet Knitwears's highest Days Payable was 56.90. The lowest was 25.80. And the median was 45.83.

NSE:JETKNIT's Days Payable is ranked worse than
51.61% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.33 vs NSE:JETKNIT: 51.69

Jet Knitwears's Days Payable declined from Mar. 2025 (59.07) to Mar. 2026 (50.51). It may suggest that Jet Knitwears accelerated paying its suppliers.


Jet Knitwears Days Payable Historical Data

* Premium members only.

The historical data trend for Jet Knitwears'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.

Jet Knitwears Days Payable Chart

Jet Knitwears Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.56 54.11 45.61 53.57 56.90

Jet Knitwears Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.65 44.77 59.07 47.92 50.51

NSE:JETKNIT vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Jet Knitwears'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.


Jet Knitwears Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jet Knitwears's Days Payable distribution charts can be found below:

* The bar in red indicates where Jet Knitwears's Days Payable falls into.


NSE:JETKNIT
59GF Score
Jet Knitwears Ltd NSE:JETKNIT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jet Knitwears 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.

Jet Knitwears's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (29.4 + 22.182) / 2 ) / 165.429*365
=25.791 / 165.429*365
=56.90

Jet Knitwears's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (18.696 + 22.182) / 2 ) / 73.844*365 / 2
=20.439 / 73.844*365 / 2
=50.51

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 50.51 mean?
Jet Knitwears (NSE:JETKNIT) has a Days Payable of 50.51 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 Jet Knitwears and its competitors. This is 10% above median its historical median of 45.83. Over the past decade, Jet Knitwears' Days Payable has ranged from 25.80 to 56.90. According to the industry distribution chart, Jet Knitwears ranks #528 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.6%.
Is Jet Knitwears' Days Payable too high?
Jet Knitwears' current Days Payable of 50.51 is 10% above median its 10-year median of 45.83. Over the past 10 years, this metric has ranged from a low of 25.80 to a high of 56.90. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.33. Jet Knitwears' value of 50.51 is 5.3% below this industry median. Based on the distribution chart, Jet Knitwears ranks #528 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Jet Knitwears has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jet Knitwears' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jet Knitwears ranks #528 out of 1023 companies for Days Payable. This places Jet Knitwears in the lower half of its industry. The industry median Days Payable is 53.33. Jet Knitwears' value of 50.51 is 5.3% below this benchmark. Historically, Jet Knitwears' own Days Payable has ranged from 25.80 to 56.90 over the past decade. While the company's 10-year median is 45.83 vs. the industry median of 53.33, Jet Knitwears has consistently been below 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 53.33, based on 1,023 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. Jet Knitwears's current Days Payable of 50.51 is 5.3% below 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 Jet Knitwears and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Knitwears's current Days Payable is 50.51, which is 10% above median its own 10-year median of 45.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Knitwears stock overvalued right now?
Based on GuruFocus' analysis, Jet Knitwears (NSE:JETKNIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹83.33, compared to a current price of ₹48.45 — trading 41.9% below its estimated fair value. The current Days Payable is 50.51, which is 10% above median its 10-year median of 45.83 and 5.3% below the Manufacturing - Apparel & Accessories industry median of 53.33. Jet Knitwears' overall GF Score™ is 59/100 with 6 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 Jet Knitwears (NSE:JETKNIT), the current Days Payable is 50.51 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 Jet Knitwears (NSE:JETKNIT) Overvalued in 2026?

Based on GuruFocus' analysis, Jet Knitwears stock appears to be undervalued. The current stock price of ₹48.45 is trading 41.9% below its estimated GF Value™ of ₹83.33. GuruFocus considers Jet Knitwears to be Possible Value Trap.

Key valuation signals for NSE:JETKNIT:

  • Days Payable: 50.51 (10% above median its 10-year median of 45.83)
  • GF Value™: ₹83.33 vs. price of ₹48.45 (41.9% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 5.3% below the Manufacturing - Apparel & Accessories median (#528 of 1023)

No single metric tells the full story. See the NSE:JETKNIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jet Knitwears Business Description

Address 119/410 B-1, Darshan Purwa, Kanpur, UP, IND, 208012
Jet Knitwears Ltd is engaged in manufacturing of textile Items, other knitted and crocheted apparel including hosiery. It offers intimate garments for men, women, and children. The company's products include such as vests, briefs, brassiere, panties, socks, t-shirts and casual wears.
59GF Score

Get the complete analysis for NSE:JETKNIT

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹48.45
Price
₹83.33
GF Value