SEL Manufacturing Co (NSE:SELMC) Days Payable: 2,901.04 (As of Mar. 2026) — 2229% Above Median

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NSE:SELMC SEL Manufacturing Co Ltd NSE:SELMC
36 GF Score
Price ₹27.70
GF Value ₹10.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is SEL Manufacturing Co Days Payable?

SEL Manufacturing Co NSE:SELMC +0.40% 36 Days Payable is 2,901.04 as of Mar. 2026, which is 2229% above its 10-year median of 124.57. GuruFocus rates NSE:SELMC with a GF Score™ of 36/100 and a GF Value™ of ₹10.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, SEL Manufacturing Co ranks better than 98.63% on this metric.

SEL Manufacturing Co's average Accounts Payable for the three months ended in Mar. 2026 was ₹502.0 Mil. SEL Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹15.8 Mil. Hence, SEL Manufacturing Co's Days Payable for the three months ended in Mar. 2026 was 2,901.04.

The historical rank and industry rank for SEL Manufacturing Co's Days Payable or its related term are showing as below:

NSE:SELMC' s Days Payable Range Over the Past 10 Years
Min: 33.66   Med: 124.57   Max: 3309.03
Current: 3300.3

During the past 13 years, SEL Manufacturing Co's highest Days Payable was 3309.03. The lowest was 33.66. And the median was 124.57.

NSE:SELMC's Days Payable is ranked better than
98.63% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.315 vs NSE:SELMC: 3300.30

SEL Manufacturing Co's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (2,901.04). It may suggest that SEL Manufacturing Co delayed paying its suppliers.


SEL Manufacturing Co Days Payable Historical Data

* Premium members only.

The historical data trend for SEL Manufacturing Co'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.

SEL Manufacturing Co Days Payable Chart

SEL Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.93 43.01 97.65 1,244.33 3,309.03

SEL Manufacturing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 4,839.29 2,338.15 4,224.17 2,901.04

SEL Manufacturing Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, SEL Manufacturing Co'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.


SEL Manufacturing Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, SEL Manufacturing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where SEL Manufacturing Co's Days Payable falls into.


NSE:SELMC
36GF Score
SEL Manufacturing Co Ltd NSE:SELMC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SEL Manufacturing Co 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.

SEL Manufacturing Co's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (514.423 + 501.967) / 2 ) / 56.056*365
=508.195 / 56.056*365
=3,309.03

SEL Manufacturing Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 501.967) / 1 ) / 15.789*365 / 4
=501.967 / 15.789*365 / 4
=2,901.04

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 2,901.04 mean?
SEL Manufacturing Co (NSE:SELMC) has a Days Payable of 2,901.04 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 SEL Manufacturing Co and its competitors. This is 2229% above median its historical median of 124.57. Over the past decade, SEL Manufacturing Co's Days Payable has ranged from 33.66 to 3,309.03. According to the industry distribution chart, SEL Manufacturing Co ranks #14 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.4%.
Is SEL Manufacturing Co's Days Payable too high?
SEL Manufacturing Co's current Days Payable of 2,901.04 is 2229% above median its 10-year median of 124.57. Over the past 10 years, this metric has ranged from a low of 33.66 to a high of 3,309.03. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.32. SEL Manufacturing Co's value of 2,901.04 is 5241.1% above this industry median. Based on the distribution chart, SEL Manufacturing Co ranks #14 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, SEL Manufacturing Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEL Manufacturing Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, SEL Manufacturing Co ranks #14 out of 1020 companies for Days Payable. This places SEL Manufacturing Co in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.32. SEL Manufacturing Co's value of 2,901.04 is 5241.1% above this benchmark. Historically, SEL Manufacturing Co's own Days Payable has ranged from 33.66 to 3,309.03 over the past decade. While the company's 10-year median is 124.57 vs. the industry median of 54.32, SEL Manufacturing Co 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 54.32, based on 1,020 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. SEL Manufacturing Co's current Days Payable of 2,901.04 is 5241.1% 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 SEL Manufacturing Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SEL Manufacturing Co's current Days Payable is 2,901.04, which is 2229% above median its own 10-year median of 124.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEL Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, SEL Manufacturing Co (NSE:SELMC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10.61, compared to a current price of ₹27.70 — trading 161.1% above its estimated fair value. The current Days Payable is 2,901.04, which is 2229% above median its 10-year median of 124.57 and 5241.1% above the Manufacturing - Apparel & Accessories industry median of 54.32. SEL Manufacturing Co's overall GF Score™ is 36/100 with 7 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 SEL Manufacturing Co (NSE:SELMC), the current Days Payable is 2,901.04 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 SEL Manufacturing Co (NSE:SELMC) Overvalued in 2026?

Based on GuruFocus' analysis, SEL Manufacturing Co stock appears to be overvalued. The current stock price of ₹27.70 is trading 161.1% above its estimated GF Value™ of ₹10.61. GuruFocus considers SEL Manufacturing Co to be Significantly Overvalued.

Key valuation signals for NSE:SELMC:

  • Days Payable: 2,901.04 (2229% above median its 10-year median of 124.57)
  • GF Value™: ₹10.61 vs. price of ₹27.70 (161.1% above fair value)
  • GF Score™: 36/100 with 7 warning signs
  • Industry Position: 5241.1% above the Manufacturing - Apparel & Accessories median (#14 of 1020)

No single metric tells the full story. See the NSE:SELMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SEL Manufacturing Co Business Description

Other Exchanges 532886:India
Address G.T. Road, 274, Dhandari Khurd, Ludhiana, PB, IND, 141014
SEL Manufacturing Co Ltd is an India-based vertically integrated multi-product textile company engaged in manufacturing various kinds of Knitted Garments, Terry Towels, Knitted and Processed Fabric, and various kinds of Yarn with production facilities located in different parts of India. It operates in a single segment of textile. It operates geographically in India and outside India and it generates its majority of revenue from India.
36GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹27.70
Price
₹10.61
GF Value