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Niraj Ispat IndustriesNSE:NIRAJISPAT +10.00%33 Days Payable is 0.00 as of Dec. 2025. GuruFocus rates NSE:NIRAJISPAT with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Niraj Ispat Industries ranks better than 91.39% on this metric.
The historical rank and industry rank for Niraj Ispat Industries's Days Payable or its related term are showing as below:
NSE:NIRAJISPAT'
s Days Payable Range Over the Past 10 Years
Min: 74.39 Med: 143.87 Max: 191.3
Current: 191.3
During the past 13 years, Niraj Ispat Industries's highest Days Payable was 191.30. The lowest was 74.39. And the median was 143.87.
NSE:NIRAJISPAT's Days Payable is ranked better than 91.39% of 1022
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.04
vs NSE:NIRAJISPAT: 191.30
* 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.
NSE:NIRAJISPAT vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, Niraj Ispat Industries'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.
Niraj Ispat Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Niraj Ispat Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Niraj Ispat Industries'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.
Niraj Ispat Industries's Days Payable for the fiscal year that ended in Mar. 2025 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.
Niraj Ispat Industries (NSE:NIRAJISPAT) has a Days Payable of 0.00 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Niraj Ispat Industries and its competitors. Over the past decade, Niraj Ispat Industries' Days Payable has ranged from 74.39 to 191.30. According to the industry distribution chart, Niraj Ispat Industries ranks #88 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.6%.
Is Niraj Ispat Industries' Days Payable too high?
Niraj Ispat Industries' current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 74.39 to a high of 191.30. Based on the distribution chart, Niraj Ispat Industries ranks #88 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Niraj Ispat Industries has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Niraj Ispat Industries' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Niraj Ispat Industries ranks #88 out of 1022 companies for Days Payable. This places Niraj Ispat Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.04. Historically, Niraj Ispat Industries' own Days Payable has ranged from 74.39 to 191.30 over the past decade. 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 53.04, based on 1,022 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. 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 Niraj Ispat Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niraj Ispat Industries's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niraj Ispat Industries stock overvalued right now?
Niraj Ispat Industries (NSE:NIRAJISPAT) has a current Days Payable of 0.00. The current Days Payable is 0.00. Niraj Ispat Industries' overall GF Score™ is 33/100 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 Niraj Ispat Industries (NSE:NIRAJISPAT), the current Days Payable is 0.00 as of Dec. 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.
Niraj Ispat Industries Ltd is engaged in manufacturing Polyester buttons in two or four thread holes used in dresses, sweaters, pouches, and shirts, and can be availed in a variety of colours, sizes, and designs. The sale of its products generates substantial revenue for the firm.
33GF Score
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