Safari Industries (India)NSE:SAFARI +0.53%83 Days Payable is 64.12 as of Mar. 2026, which is 5% below its 10-year median of 67.22. GuruFocus rates NSE:SAFARI with a GF Score™ of 83/100 and a GF Value™ of ₹2,717.13 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Safari Industries (India) ranks better than 60.59% on this metric.
The historical rank and industry rank for Safari Industries (India)'s Days Payable or its related term are showing as below:
NSE:SAFARI'
s Days Payable Range Over the Past 10 Years
Min: 59.52 Med: 67.22 Max: 122.37
Current: 67.94
During the past 13 years, Safari Industries (India)'s highest Days Payable was 122.37. The lowest was 59.52. And the median was 67.22.
NSE:SAFARI's Days Payable is ranked better than 60.59% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs NSE:SAFARI: 67.94
* 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:SAFARI vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Safari Industries (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.
Safari Industries (India) Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safari Industries (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Safari Industries (India)'s Days Payable falls into.
Safari Industries (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.
Safari Industries (India)'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.
Safari Industries (India) (NSE:SAFARI) has a Days Payable of 64.12 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 Safari Industries (India) and its competitors. This is near median its historical median of 67.22. Over the past decade, Safari Industries (India)'s Days Payable has ranged from 59.52 to 122.37. According to the industry distribution chart, Safari Industries (India) ranks #400 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.4%.
Is Safari Industries (India)'s Days Payable too high?
Safari Industries (India)'s current Days Payable of 64.12 is near median its 10-year median of 67.22. Over the past 10 years, this metric has ranged from a low of 59.52 to a high of 122.37. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Safari Industries (India)'s value of 64.12 is 18.3% above this industry median. Based on the distribution chart, Safari Industries (India) ranks #400 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Safari Industries (India) has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Safari Industries (India)'s Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Safari Industries (India) ranks #400 out of 1015 companies for Days Payable. This puts Safari Industries (India) in the upper half of its industry. The industry median Days Payable is 54.22. Safari Industries (India)'s value of 64.12 is 18.3% above this benchmark. Historically, Safari Industries (India)'s own Days Payable has ranged from 59.52 to 122.37 over the past decade. While the company's 10-year median is 67.22 vs. the industry median of 54.22, Safari Industries (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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 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. Safari Industries (India)'s current Days Payable of 64.12 is 18.3% 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 Safari Industries (India) 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. Safari Industries (India)'s current Days Payable is 64.12, which is near median its own 10-year median of 67.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safari Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Safari Industries (India) (NSE:SAFARI) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,717.13, compared to a current price of ₹1,631.20 — trading 40% below its estimated fair value. The current Days Payable is 64.12, which is near median its 10-year median of 67.22 and 18.3% above the Manufacturing - Apparel & Accessories industry median of 54.22. Safari Industries (India)'s overall GF Score™ is 83/100 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 Safari Industries (India) (NSE:SAFARI), the current Days Payable is 64.12 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 Safari Industries (India) (NSE:SAFARI) Overvalued in 2026?
Based on GuruFocus' analysis, Safari Industries (India) stock appears to be undervalued.
The current stock price of ₹1,631.20 is trading 40% below its estimated GF Value™ of ₹2,717.13.
GuruFocus considers Safari Industries (India) to be Possible Value Trap.
Key valuation signals for NSE:SAFARI:
Days Payable: 64.12 (near median its 10-year median of 67.22)
GF Value™: ₹2,717.13 vs. price of ₹1,631.20 (40% below fair value)
Industry Position: 18.3% above the Manufacturing - Apparel & Accessories median (#400 of 1015)
No single metric tells the full story. See the NSE:SAFARI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Safari Industries (India) Ltd is an India-based company engaged in the manufacturing and marketing of luggage and luggage accessories. The company offers Hard luggage cases and Soft luggage cases. The company's product range includes Laptop bags, Backpacks, suitcases, four and two-wheel trolleys, Duffle bags, and Rolling duffle bags, and others.
83GF Score
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