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Siddhi CotspinNSE:SIDDHICOTS 20 Days Payable is 10.61 as of Mar. 2025, which is 43% above its 10-year median of 7.43. GuruFocus rates NSE:SIDDHICOTS with a GF Score™ of 20/100. Among 1,021 Manufacturing - Apparel & Accessories companies, Siddhi Cotspin ranks worse than 94.61% on this metric.
The historical rank and industry rank for Siddhi Cotspin's Days Payable or its related term are showing as below:
NSE:SIDDHICOTS'
s Days Payable Range Over the Past 10 Years
Min: 3.02 Med: 7.43 Max: 13.36
Current: 10.61
During the past 5 years, Siddhi Cotspin's highest Days Payable was 13.36. The lowest was 3.02. And the median was 7.43.
NSE:SIDDHICOTS's Days Payable is ranked worse than 94.61% of 1021
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.9
vs NSE:SIDDHICOTS: 10.61
Siddhi Cotspin's Days Payable
declined
from Mar. 2023 (13.36) to Mar. 2025 (10.61).
It may suggest that Siddhi Cotspinaccelerated paying its suppliers.
The historical data trend for Siddhi Cotspin'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.
Siddhi Cotspin Days Payable Chart
Siddhi Cotspin Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Days Payable
7.24
3.02
13.36
7.43
10.61
Siddhi Cotspin Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Days Payable
7.24
3.02
13.36
7.43
10.61
Siddhi Cotspin Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Siddhi Cotspin'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.
Siddhi Cotspin Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Siddhi Cotspin's Days Payable distribution charts can be found below:
* The bar in red indicates where Siddhi Cotspin'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.
Siddhi Cotspin'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.
Siddhi Cotspin (NSE:SIDDHICOTS) has a Days Payable of 10.61 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Siddhi Cotspin and its competitors. This is 43% above median its historical median of 7.43. Over the past decade, Siddhi Cotspin's Days Payable has ranged from 3.02 to 13.36. According to the industry distribution chart, Siddhi Cotspin ranks #966 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.6%.
Is Siddhi Cotspin's Days Payable too high?
Siddhi Cotspin's current Days Payable of 10.61 is 43% above median its 10-year median of 7.43. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 13.36. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.90. Siddhi Cotspin's value of 10.61 is 80.3% below this industry median. Based on the distribution chart, Siddhi Cotspin ranks #966 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Siddhi Cotspin has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Siddhi Cotspin's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Siddhi Cotspin ranks #966 out of 1021 companies for Days Payable. This places Siddhi Cotspin in the lower half of its industry. The industry median Days Payable is 53.90. Siddhi Cotspin's value of 10.61 is 80.3% below this benchmark. Historically, Siddhi Cotspin's own Days Payable has ranged from 3.02 to 13.36 over the past decade. While the company's 10-year median is 7.43 vs. the industry median of 53.90, Siddhi Cotspin 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 53.90, based on 1,021 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. Siddhi Cotspin's current Days Payable of 10.61 is 80.3% 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 Siddhi Cotspin and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siddhi Cotspin's current Days Payable is 10.61, which is 43% above median its own 10-year median of 7.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siddhi Cotspin stock overvalued right now?
Siddhi Cotspin (NSE:SIDDHICOTS) has a current Days Payable of 10.61. The current Days Payable is 10.61, which is 43% above median its 10-year median of 7.43 and 80.3% below the Manufacturing - Apparel & Accessories industry median of 53.90. Siddhi Cotspin's overall GF Score™ is 20/100. 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 Siddhi Cotspin (NSE:SIDDHICOTS), the current Days Payable is 10.61 as of Mar. 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.
Siddhi Cotspin Ltd is engaged in manufacturing and selling of Cotton Yarns. Its manufacturing process adheres to stringent quality standards and is backed by developed technology and machinery. The company manufactures various value added cotton yarns like Compact Carded Hosiery, Compact Combed Hosiery, Compact Carded Weaving, Compact Comb Weaving, Carded Weaving, Combed Weaving, Carded Hosiery, Combed Hosiery, Eli KW, Eli CW, Slub Yarn, Siro Slub Yarn, CSY-Lycra-Core Spin Yarn (Spandex), TFO Yarn - Double etc.
20GF Score
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