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Maral OverseasNSE:MARALOVER -1.66%68 Days Payable is 43.47 as of Mar. 2026, which is 13% above its 10-year median of 38.56. GuruFocus rates NSE:MARALOVER with a GF Score™ of 68/100 and a GF Value™ of ₹70.07 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Maral Overseas ranks worse than 63.88% on this metric.
The historical rank and industry rank for Maral Overseas's Days Payable or its related term are showing as below:
NSE:MARALOVER'
s Days Payable Range Over the Past 10 Years
Min: 24.64 Med: 38.56 Max: 53.65
Current: 39.69
During the past 13 years, Maral Overseas's highest Days Payable was 53.65. The lowest was 24.64. And the median was 38.56.
NSE:MARALOVER's Days Payable is ranked worse than 63.88% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18
vs NSE:MARALOVER: 39.69
Maral Overseas's Days Payable
increased
from Mar. 2025 (35.49) to Mar. 2026 (43.47).
It may suggest that Maral Overseasdelayed paying its suppliers.
Maral Overseas Days Payable Related Terms
Maral Overseas Days Payable Historical Data
* Premium members only.
The historical data trend for Maral Overseas'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, Maral Overseas'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.
Maral Overseas Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Maral Overseas's Days Payable distribution charts can be found below:
* The bar in red indicates where Maral Overseas'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.
Maral Overseas'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.
Maral Overseas (NSE:MARALOVER) has a Days Payable of 43.47 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 Maral Overseas and its competitors. This is 13% above median its historical median of 38.56. Over the past decade, Maral Overseas' Days Payable has ranged from 24.64 to 53.65. According to the industry distribution chart, Maral Overseas ranks #649 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63.9%.
Is Maral Overseas' Days Payable too high?
Maral Overseas' current Days Payable of 43.47 is 13% above median its 10-year median of 38.56. Over the past 10 years, this metric has ranged from a low of 24.64 to a high of 53.65. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Maral Overseas' value of 43.47 is 19.8% below this industry median. Based on the distribution chart, Maral Overseas ranks #649 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Maral Overseas has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maral Overseas' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Maral Overseas ranks #649 out of 1016 companies for Days Payable. This places Maral Overseas in the lower half of its industry. The industry median Days Payable is 54.18. Maral Overseas' value of 43.47 is 19.8% below this benchmark. Historically, Maral Overseas' own Days Payable has ranged from 24.64 to 53.65 over the past decade. While the company's 10-year median is 38.56 vs. the industry median of 54.18, Maral Overseas 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. Maral Overseas's current Days Payable of 43.47 is 19.8% 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 Maral Overseas 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. Maral Overseas's current Days Payable is 43.47, which is 13% above median its own 10-year median of 38.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maral Overseas stock overvalued right now?
Based on GuruFocus' analysis, Maral Overseas (NSE:MARALOVER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹70.07, compared to a current price of ₹56.20 — trading 19.8% below its estimated fair value. The current Days Payable is 43.47, which is 13% above median its 10-year median of 38.56 and 19.8% below the Manufacturing - Apparel & Accessories industry median of 54.18. Maral Overseas' overall GF Score™ is 68/100 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 Maral Overseas (NSE:MARALOVER), the current Days Payable is 43.47 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 Maral Overseas (NSE:MARALOVER) Overvalued in 2026?
Based on GuruFocus' analysis, Maral Overseas stock appears to be undervalued.
The current stock price of ₹56.20 is trading 19.8% below its estimated GF Value™ of ₹70.07.
GuruFocus considers Maral Overseas to be Modestly Undervalued.
Key valuation signals for NSE:MARALOVER:
Days Payable: 43.47 (13% above median its 10-year median of 38.56)
GF Value™: ₹70.07 vs. price of ₹56.20 (19.8% below fair value)
Industry Position: 19.8% below the Manufacturing - Apparel & Accessories median (#649 of 1016)
No single metric tells the full story. See the NSE:MARALOVER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maral Overseas Ltd is a textile manufacturing company. The company's business is organized into the following product segments: yarn, fabric, and Garment. It manufactures garments for various categories like Activewear, Casual wear, and Sleepwear for men and Ladies in Conventional and Organic, Fair Trade garments, and soft toys for infants, and kids.
68GF Score
Get the complete analysis for NSE:MARALOVER
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