What is Neelam Linens and Garments (India) Days Payable?
Neelam Linens and Garments (India)NSE:NEELAM 10 Days Payable is 98.63 as of Mar. 2025, which is 109% above its 10-year median of 47.19. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks better than 69.81% on this metric.
NSE:NEELAM'
s Days Payable Range Over the Past 10 Years
Min: 0.87 Med: 47.19 Max: 98.63
Current: 98.63
During the past 5 years, Neelam Linens and Garments (India)'s highest Days Payable was 98.63. The lowest was 0.87. And the median was 47.19.
NSE:NEELAM's Days Payable is ranked better than 69.81% of 414
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.75
vs NSE:NEELAM: 98.63
* 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.
Neelam Linens and Garments (India) Days Payable Chart
Neelam Linens and Garments (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Days Payable
0.87
24.70
47.19
66.59
98.63
Neelam Linens and Garments (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Days Payable
0.87
24.70
47.19
66.59
98.63
NSE:NEELAM vs SN, SGI, MHK: Days Payable Comparison
For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (India)'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.
Neelam Linens and Garments (India) Days Payable vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Neelam Linens and Garments (India)'s Days Payable falls into.
Neelam Linens and Garments (India) 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.
* 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.
Neelam Linens and Garments (India) (NSE:NEELAM) has a Days Payable of 98.63 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Neelam Linens and Garments (India) and its competitors. This is 109% above median its historical median of 47.19. Over the past decade, Neelam Linens and Garments (India)'s Days Payable has ranged from 0.87 to 98.63. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #125 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 30.2%.
Is Neelam Linens and Garments (India)'s Days Payable too high?
Neelam Linens and Garments (India)'s current Days Payable of 98.63 is 109% above median its 10-year median of 47.19. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 98.63. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. Neelam Linens and Garments (India)'s value of 98.63 is 54.7% above this industry median. Based on the distribution chart, Neelam Linens and Garments (India) ranks #125 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Neelam Linens and Garments (India) has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #125 out of 414 companies for Days Payable. This puts Neelam Linens and Garments (India) in the upper half of its industry. The industry median Days Payable is 63.75. Neelam Linens and Garments (India)'s value of 98.63 is 54.7% above this benchmark. Historically, Neelam Linens and Garments (India)'s own Days Payable has ranged from 0.87 to 98.63 over the past decade. While the company's 10-year median is 47.19 vs. the industry median of 63.75, Neelam Linens and Garments (India) 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 414 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. Neelam Linens and Garments (India)'s current Days Payable of 98.63 is 54.7% 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 Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current Days Payable is 98.63, which is 109% above median its own 10-year median of 47.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelam Linens and Garments (India) stock overvalued right now?
Neelam Linens and Garments (India) (NSE:NEELAM) has a current Days Payable of 98.63. The current Days Payable is 98.63, which is 109% above median its 10-year median of 47.19 and 54.7% above the Furnishings, Fixtures & Appliances industry median of 63.75. Neelam Linens and Garments (India)'s overall GF Score™ is 10/100 with 5 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 Neelam Linens and Garments (India) (NSE:NEELAM), the current Days Payable is 98.63 as of Mar. 2025. 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.
Neelam Linens and Garments (India) Business Description
Neelam Linens and Garments (India) Ltd operates as a soft home furnishing company based out of Maharashtra, India, extending its services to various clientele, including USA, Australia and Far East. The company specializes in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. It sources surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Its segment includes the business of Manufacturing of Bedsheets, Shirts and in the trading of Licences. The manufacturing of Bedsheets, Shirts segment derives majority of the revenue.
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