Mittal Life StyleNSE:MITTAL -1.03%62 Days Payable is 116.44 as of Mar. 2026, which is 422% above its 10-year median of 22.32. GuruFocus rates NSE:MITTAL with a GF Score™ of 62/100 and a GF Value™ of ₹1.51 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Mittal Life Style ranks better than 59.45% on this metric.
The historical rank and industry rank for Mittal Life Style's Days Payable or its related term are showing as below:
NSE:MITTAL'
s Days Payable Range Over the Past 10 Years
Min: 13.57 Med: 22.32 Max: 68.89
Current: 65.11
During the past 13 years, Mittal Life Style's highest Days Payable was 68.89. The lowest was 13.57. And the median was 22.32.
NSE:MITTAL's Days Payable is ranked better than 59.45% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs NSE:MITTAL: 65.11
Mittal Life Style's Days Payable
increased
from Mar. 2025 (22.75) to Mar. 2026 (116.44).
It may suggest that Mittal Life Styledelayed paying its suppliers.
Mittal Life Style Days Payable Related Terms
Mittal Life Style Days Payable Historical Data
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The historical data trend for Mittal Life Style'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.
Mittal Life Style Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Mittal Life Style'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.
Mittal Life Style Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mittal Life Style's Days Payable distribution charts can be found below:
* The bar in red indicates where Mittal Life Style'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.
Mittal Life Style'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.
Mittal Life Style (NSE:MITTAL) has a Days Payable of 116.44 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 Mittal Life Style and its competitors. This is 422% above median its historical median of 22.32. Over the past decade, Mittal Life Style's Days Payable has ranged from 13.57 to 68.89. According to the industry distribution chart, Mittal Life Style ranks #412 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.6%.
Is Mittal Life Style's Days Payable too high?
Mittal Life Style's current Days Payable of 116.44 is 422% above median its 10-year median of 22.32. Over the past 10 years, this metric has ranged from a low of 13.57 to a high of 68.89. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Mittal Life Style's value of 116.44 is 115.5% above this industry median. Based on the distribution chart, Mittal Life Style ranks #412 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Mittal Life Style has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mittal Life Style's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mittal Life Style ranks #412 out of 1016 companies for Days Payable. This puts Mittal Life Style in the upper half of its industry. The industry median Days Payable is 54.05. Mittal Life Style's value of 116.44 is 115.5% above this benchmark. Historically, Mittal Life Style's own Days Payable has ranged from 13.57 to 68.89 over the past decade. While the company's 10-year median is 22.32 vs. the industry median of 54.05, Mittal Life Style 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. Mittal Life Style's current Days Payable of 116.44 is 115.5% 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 Mittal Life Style 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. Mittal Life Style's current Days Payable is 116.44, which is 422% above median its own 10-year median of 22.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Life Style stock overvalued right now?
Based on GuruFocus' analysis, Mittal Life Style (NSE:MITTAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1.51, compared to a current price of ₹0.96 — trading 36.4% below its estimated fair value. The current Days Payable is 116.44, which is 422% above median its 10-year median of 22.32 and 115.5% above the Manufacturing - Apparel & Accessories industry median of 54.05. Mittal Life Style's overall GF Score™ is 62/100 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 Mittal Life Style (NSE:MITTAL), the current Days Payable is 116.44 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 Mittal Life Style (NSE:MITTAL) Overvalued in 2026?
Based on GuruFocus' analysis, Mittal Life Style stock appears to be undervalued.
The current stock price of ₹0.96 is trading 36.4% below its estimated GF Value™ of ₹1.51.
GuruFocus considers Mittal Life Style to be Possible Value Trap.
Key valuation signals for NSE:MITTAL:
Days Payable: 116.44 (422% above median its 10-year median of 22.32)
GF Value™: ₹1.51 vs. price of ₹0.96 (36.4% below fair value)
Industry Position: 115.5% above the Manufacturing - Apparel & Accessories median (#412 of 1016)
No single metric tells the full story. See the NSE:MITTAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mittal Life Style Ltd operates in the textile industry. It is operating as the preferred supplier of denim and garment products. Dealing in supply of Bottom weight Fabrics & Denims is the principal business activity of the Company. It supplies fashion fabrics, cotton canvas denim, dupion bottom fabrics, polyester fabrics, cotton fabric, knit fabric and among other products.
62GF Score
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