Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Page IndustriesNSE:PAGEIND +1.44%99 Days Payable is 56.55 as of Mar. 2026, which is 50% above its 10-year median of 37.65. GuruFocus rates NSE:PAGEIND with a GF Score™ of 99/100 and a GF Value™ of ₹45,588.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Page Industries ranks worse than 54.38% on this metric.
The historical rank and industry rank for Page Industries's Days Payable or its related term are showing as below:
NSE:PAGEIND'
s Days Payable Range Over the Past 10 Years
Min: 26.92 Med: 37.65 Max: 58.72
Current: 50.28
During the past 13 years, Page Industries's highest Days Payable was 58.72. The lowest was 26.92. And the median was 37.65.
NSE:PAGEIND's Days Payable is ranked worse than 54.38% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs NSE:PAGEIND: 50.28
Page Industries's Days Payable
increased
from Mar. 2025 (54.20) to Mar. 2026 (56.55).
It may suggest that Page Industriesdelayed paying its suppliers.
Page Industries Days Payable Related Terms
Page Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Page Industries'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.
NSE:PAGEIND vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, Page 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.
Page Industries Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Page Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Page 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.
Page Industries'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.
Page Industries (NSE:PAGEIND) has a Days Payable of 56.55 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 Page Industries and its competitors. This is 50% above median its historical median of 37.65. Over the past decade, Page Industries' Days Payable has ranged from 26.92 to 58.72. According to the industry distribution chart, Page Industries ranks #553 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.4%.
Is Page Industries' Days Payable too high?
Page Industries' current Days Payable of 56.55 is 50% above median its 10-year median of 37.65. Over the past 10 years, this metric has ranged from a low of 26.92 to a high of 58.72. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Page Industries' value of 56.55 is 4.3% above this industry median. Based on the distribution chart, Page Industries ranks #553 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Page Industries has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Page Industries' Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Page Industries ranks #553 out of 1017 companies for Days Payable. This places Page Industries in the lower half of its industry. The industry median Days Payable is 54.22. Page Industries' value of 56.55 is 4.3% above this benchmark. Historically, Page Industries' own Days Payable has ranged from 26.92 to 58.72 over the past decade. While the company's 10-year median is 37.65 vs. the industry median of 54.22, Page Industries 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 54.22, based on 1,017 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. Page Industries's current Days Payable of 56.55 is 4.3% 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 Page Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Page Industries's current Days Payable is 56.55, which is 50% above median its own 10-year median of 37.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Page Industries stock overvalued right now?
Based on GuruFocus' analysis, Page Industries (NSE:PAGEIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹45,588.23, compared to a current price of ₹40,530.00 — trading 11.1% below its estimated fair value. The current Days Payable is 56.55, which is 50% above median its 10-year median of 37.65 and 4.3% above the Manufacturing - Apparel & Accessories industry median of 54.22. Page Industries' overall GF Score™ is 99/100 with 2 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 Page Industries (NSE:PAGEIND), the current Days Payable is 56.55 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 Page Industries (NSE:PAGEIND) Overvalued in 2026?
Based on GuruFocus' analysis, Page Industries stock appears to be undervalued.
The current stock price of ₹40,530.00 is trading 11.1% below its estimated GF Value™ of ₹45,588.23.
GuruFocus considers Page Industries to be Modestly Undervalued.
Key valuation signals for NSE:PAGEIND:
Days Payable: 56.55 (50% above median its 10-year median of 37.65)
GF Value™: ₹45,588.23 vs. price of ₹40,530.00 (11.1% below fair value)
Industry Position: 4.3% above the Manufacturing - Apparel & Accessories median (#553 of 1017)
No single metric tells the full story. See the NSE:PAGEIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Page Industries Ltd is the exclusive licensee for the manufacture, marketing, and distribution of Jockey and Speedo-branded innerwear, swimwear, and other apparel in India. The company also has the rights to Jockey in Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates. Sales of innerwear and leisurewear products contribute a substantial amount to the company's revenue. Swimwear and other items make up the remaining revenue. The company sells its products through exclusive brand stores, some of which are run by franchisees, large-format stores, multibrand stores, and its e-commerce channel. The company's segments are; Innerwear and leisurewear which derives key revenue, and others. Geographically, the majority of the company's revenue is generated within India.
99GF Score
Get the complete analysis for NSE:PAGEIND
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:PAGEIND has been successfully added to your 
