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Lagnam SpintexNSE:LAGNAM +3.27%91 Days Payable is 14.43 as of Mar. 2026, which is 74% above its 10-year median of 8.29. GuruFocus rates NSE:LAGNAM with a GF Score™ of 91/100 and a GF Value™ of ₹133.24 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Lagnam Spintex ranks worse than 91.04% on this metric.
The historical rank and industry rank for Lagnam Spintex's Days Payable or its related term are showing as below:
NSE:LAGNAM'
s Days Payable Range Over the Past 10 Years
Min: 4.32 Med: 8.29 Max: 18.87
Current: 14.36
During the past 13 years, Lagnam Spintex's highest Days Payable was 18.87. The lowest was 4.32. And the median was 8.29.
NSE:LAGNAM's Days Payable is ranked worse than 91.04% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18
vs NSE:LAGNAM: 14.36
Lagnam Spintex's Days Payable
increased
from Mar. 2025 (11.68) to Mar. 2026 (14.43).
It may suggest that Lagnam Spintexdelayed paying its suppliers.
Lagnam Spintex Days Payable Related Terms
Lagnam Spintex Days Payable Historical Data
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The historical data trend for Lagnam Spintex'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.
For the Textile Manufacturing subindustry, Lagnam Spintex'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.
Lagnam Spintex Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lagnam Spintex's Days Payable distribution charts can be found below:
* The bar in red indicates where Lagnam Spintex'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.
Lagnam Spintex'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.
Lagnam Spintex (NSE:LAGNAM) has a Days Payable of 14.43 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 Lagnam Spintex and its competitors. This is 74% above median its historical median of 8.29. Over the past decade, Lagnam Spintex's Days Payable has ranged from 4.32 to 18.87. According to the industry distribution chart, Lagnam Spintex ranks #925 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91%.
Is Lagnam Spintex's Days Payable too high?
Lagnam Spintex's current Days Payable of 14.43 is 74% above median its 10-year median of 8.29. Over the past 10 years, this metric has ranged from a low of 4.32 to a high of 18.87. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Lagnam Spintex's value of 14.43 is 73.4% below this industry median. Based on the distribution chart, Lagnam Spintex ranks #925 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Lagnam Spintex has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lagnam Spintex's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lagnam Spintex ranks #925 out of 1016 companies for Days Payable. This places Lagnam Spintex in the lower half of its industry. The industry median Days Payable is 54.18. Lagnam Spintex's value of 14.43 is 73.4% below this benchmark. Historically, Lagnam Spintex's own Days Payable has ranged from 4.32 to 18.87 over the past decade. While the company's 10-year median is 8.29 vs. the industry median of 54.18, Lagnam Spintex 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 54.18, 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. Lagnam Spintex's current Days Payable of 14.43 is 73.4% 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 Lagnam Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lagnam Spintex's current Days Payable is 14.43, which is 74% above median its own 10-year median of 8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lagnam Spintex stock overvalued right now?
Based on GuruFocus' analysis, Lagnam Spintex (NSE:LAGNAM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹133.24, compared to a current price of ₹87.86 — trading 34.1% below its estimated fair value. The current Days Payable is 14.43, which is 74% above median its 10-year median of 8.29 and 73.4% below the Manufacturing - Apparel & Accessories industry median of 54.18. Lagnam Spintex's overall GF Score™ is 91/100 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 Lagnam Spintex (NSE:LAGNAM), the current Days Payable is 14.43 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 Lagnam Spintex (NSE:LAGNAM) Overvalued in 2026?
Based on GuruFocus' analysis, Lagnam Spintex stock appears to be undervalued.
The current stock price of ₹87.86 is trading 34.1% below its estimated GF Value™ of ₹133.24.
GuruFocus considers Lagnam Spintex to be Possible Value Trap.
Key valuation signals for NSE:LAGNAM:
Days Payable: 14.43 (74% above median its 10-year median of 8.29)
GF Value™: ₹133.24 vs. price of ₹87.86 (34.1% below fair value)
Industry Position: 73.4% below the Manufacturing - Apparel & Accessories median (#925 of 1016)
No single metric tells the full story. See the NSE:LAGNAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lagnam Spintex Ltd is an Indian textile company. The company is engaged in the business of manufacturing high-quality yarn for the domestic and export markets. The company's operation is predominantly related to textiles. Hence primary reportable segment is textile only. Its yarn products are used in Denim, Terry Towels, Bottom Wears, Home Textiles, and Industrial Fabrics. It exports cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovenia, Columbia, China, Pakistan, Bangladesh, and others.
91GF Score
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