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Shreedhar SpinnersNSE:SHREEDHAR +4.99%13 Days Payable is 48.46 as of Mar. 2026, which is 11% above its 10-year median of 43.48. GuruFocus rates NSE:SHREEDHAR with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Shreedhar Spinners ranks worse than 57.09% on this metric.
The historical rank and industry rank for Shreedhar Spinners's Days Payable or its related term are showing as below:
NSE:SHREEDHAR'
s Days Payable Range Over the Past 10 Years
Min: 24.78 Med: 43.48 Max: 104
Current: 46.32
During the past 4 years, Shreedhar Spinners's highest Days Payable was 104.00. The lowest was 24.78. And the median was 43.48.
NSE:SHREEDHAR's Days Payable is ranked worse than 57.09% of 1023
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.29
vs NSE:SHREEDHAR: 46.32
Shreedhar Spinners's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (48.46).
It may suggest that Shreedhar Spinnersdelayed paying its suppliers.
The historical data trend for Shreedhar Spinners'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.
Shreedhar Spinners Days Payable Chart
Shreedhar Spinners Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Days Payable
104.00
24.78
36.59
50.37
Shreedhar Spinners Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Days Payable
0.00
0.00
0.00
39.90
48.46
Shreedhar Spinners Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Shreedhar Spinners'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.
Shreedhar Spinners Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shreedhar Spinners's Days Payable distribution charts can be found below:
* The bar in red indicates where Shreedhar Spinners'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.
Shreedhar Spinners'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.
Shreedhar Spinners (NSE:SHREEDHAR) has a Days Payable of 48.46 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 Shreedhar Spinners and its competitors. This is 11% above median its historical median of 43.48. Over the past decade, Shreedhar Spinners' Days Payable has ranged from 24.78 to 104.00. According to the industry distribution chart, Shreedhar Spinners ranks #584 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.1%.
Is Shreedhar Spinners' Days Payable too high?
Shreedhar Spinners' current Days Payable of 48.46 is 11% above median its 10-year median of 43.48. Over the past 10 years, this metric has ranged from a low of 24.78 to a high of 104.00. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.29. Shreedhar Spinners' value of 48.46 is 9.1% below this industry median. Based on the distribution chart, Shreedhar Spinners ranks #584 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shreedhar Spinners has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shreedhar Spinners' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shreedhar Spinners ranks #584 out of 1023 companies for Days Payable. This places Shreedhar Spinners in the lower half of its industry. The industry median Days Payable is 53.29. Shreedhar Spinners' value of 48.46 is 9.1% below this benchmark. Historically, Shreedhar Spinners' own Days Payable has ranged from 24.78 to 104.00 over the past decade. While the company's 10-year median is 43.48 vs. the industry median of 53.29, Shreedhar Spinners has consistently been below 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 53.29, based on 1,023 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. Shreedhar Spinners's current Days Payable of 48.46 is 9.1% below 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 Shreedhar Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shreedhar Spinners's current Days Payable is 48.46, which is 11% above median its own 10-year median of 43.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shreedhar Spinners stock overvalued right now?
Shreedhar Spinners (NSE:SHREEDHAR) has a current Days Payable of 48.46. The current Days Payable is 48.46, which is 11% above median its 10-year median of 43.48 and 9.1% below the Manufacturing - Apparel & Accessories industry median of 53.29. Shreedhar Spinners' overall GF Score™ is 13/100 with 6 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 Shreedhar Spinners (NSE:SHREEDHAR), the current Days Payable is 48.46 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.
Shreedhar Spinners Ltd is engaged into manufacturing of compact spun cotton yarn of various counts ranging from Ne 10s to Ne 40s. It operates exclusively in the business-to-business (B2B) segment, supplying its products to buyers such as textile manufacturers, yarn exporters, traders and fabric processors.
13GF Score
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