Mahalaxmi Fabric Mills (NSE:MFML) Days Payable: 731.05 (As of Jun. 2026) — 702% Above Median

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NSE:MFML Mahalaxmi Fabric Mills Ltd NSE:MFML
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What is Mahalaxmi Fabric Mills Days Payable?

Mahalaxmi Fabric Mills NSE:MFML +0.91% 10 Days Payable is 731.05 as of Jun. 2026, which is 702% above its 10-year median of 91.12. GuruFocus rates NSE:MFML with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Mahalaxmi Fabric Mills ranks better than 90.26% on this metric.

Mahalaxmi Fabric Mills's average Accounts Payable for the six months ended in Jun. 2026 was ₹207 Mil. Mahalaxmi Fabric Mills's Cost of Goods Sold for the six months ended in Jun. 2026 was ₹103 Mil. Hence, Mahalaxmi Fabric Mills's Days Payable for the six months ended in Jun. 2026 was 365.52.

The historical rank and industry rank for Mahalaxmi Fabric Mills's Days Payable or its related term are showing as below:

NSE:MFML' s Days Payable Range Over the Past 10 Years
Min: 47   Med: 91.12   Max: 180.81
Current: 180.81

During the past 5 years, Mahalaxmi Fabric Mills's highest Days Payable was 180.81. The lowest was 47.00. And the median was 91.12.

NSE:MFML's Days Payable is ranked better than
90.26% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.08 vs NSE:MFML: 180.81

Mahalaxmi Fabric Mills's Days Payable declined from Dec. 2025 (813.85) to Jun. 2026 (731.05). It may suggest that Mahalaxmi Fabric Mills accelerated paying its suppliers.


Mahalaxmi Fabric Mills Days Payable Historical Data

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The historical data trend for Mahalaxmi Fabric Mills'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.

Mahalaxmi Fabric Mills Days Payable Chart

Mahalaxmi Fabric Mills Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
0.00 47.00 93.09 98.22 89.15

Mahalaxmi Fabric Mills Semi-Annual Data
Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 721.33 798.73 813.85 429.30 731.05

Mahalaxmi Fabric Mills Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Mahalaxmi Fabric Mills'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.


Mahalaxmi Fabric Mills Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mahalaxmi Fabric Mills's Days Payable falls into.


NSE:MFML
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Mahalaxmi Fabric Mills Ltd NSE:MFML
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Mahalaxmi Fabric Mills 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.

Mahalaxmi Fabric Mills'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
=( (308.341 + 207.189) / 2 ) / 1055.329*365
=257.765 / 1055.329*365
=89.15

Mahalaxmi Fabric Mills's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (207.189 + 0) / 1 ) / 103.446*365 / 2
=207.189 / 103.446*365 / 2
=365.52

* 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 731.05 mean?
Mahalaxmi Fabric Mills (NSE:MFML) has a Days Payable of 731.05 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mahalaxmi Fabric Mills and its competitors. This is 702% above median its historical median of 91.12. Over the past decade, Mahalaxmi Fabric Mills' Days Payable has ranged from 47.00 to 180.81. According to the industry distribution chart, Mahalaxmi Fabric Mills ranks #100 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9.7%.
Is Mahalaxmi Fabric Mills' Days Payable too high?
Mahalaxmi Fabric Mills' current Days Payable of 731.05 is 702% above median its 10-year median of 91.12. Over the past 10 years, this metric has ranged from a low of 47.00 to a high of 180.81. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.08. Mahalaxmi Fabric Mills' value of 731.05 is 1277.3% above this industry median. Based on the distribution chart, Mahalaxmi Fabric Mills ranks #100 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mahalaxmi Fabric Mills has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Mahalaxmi Fabric Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mahalaxmi Fabric Mills ranks #100 out of 1027 companies for Days Payable. This places Mahalaxmi Fabric Mills in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.08. Mahalaxmi Fabric Mills' value of 731.05 is 1277.3% above this benchmark. Historically, Mahalaxmi Fabric Mills' own Days Payable has ranged from 47.00 to 180.81 over the past decade. While the company's 10-year median is 91.12 vs. the industry median of 53.08, Mahalaxmi Fabric Mills 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 53.08, based on 1,027 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. Mahalaxmi Fabric Mills's current Days Payable of 731.05 is 1277.3% 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 Mahalaxmi Fabric Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahalaxmi Fabric Mills's current Days Payable is 731.05, which is 702% above median its own 10-year median of 91.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahalaxmi Fabric Mills stock overvalued right now?
Mahalaxmi Fabric Mills (NSE:MFML) has a current Days Payable of 731.05. The current Days Payable is 731.05, which is 702% above median its 10-year median of 91.12 and 1277.3% above the Manufacturing - Apparel & Accessories industry median of 53.08. Mahalaxmi Fabric Mills' overall GF Score™ is 10/100 with 3 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 Mahalaxmi Fabric Mills (NSE:MFML), the current Days Payable is 731.05 as of Jun. 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.

Mahalaxmi Fabric Mills Business Description

Other Exchanges 544233:India
Address Polytechnic Road, YSL Avenue, Opposite Ketav Petrol Pump, Mahalaxmi House, Ambawadi, Ahmedabad, GJ, IND, 380 015
Mahalaxmi Fabric Mills Ltd is engaged in the textile market. The company operated in only one segment, i.e, manufacturing and trading of traditional textiles. The company's revenue is derived mainly from the sale of goods.
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