Siyaram Silk Mills (NSE:SIYSIL) Days Payable: 47.25 (As of Mar. 2026) — 32% Below Median

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NSE:SIYSIL Siyaram Silk Mills Ltd NSE:SIYSIL
86 GF Score
Price ₹639.40
GF Value ₹678.20
Valuation Fairly Valued
! 2 Warning Signs
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What is Siyaram Silk Mills Days Payable?

Siyaram Silk Mills NSE:SIYSIL -1.22% 86 Days Payable is 47.25 as of Mar. 2026, which is 32% below its 10-year median of 69.83. GuruFocus rates NSE:SIYSIL with a GF Score™ of 86/100 and a GF Value™ of ₹678.20 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Siyaram Silk Mills ranks better than 60.87% on this metric.

Siyaram Silk Mills's average Accounts Payable for the three months ended in Mar. 2026 was ₹2,269 Mil. Siyaram Silk Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,382 Mil. Hence, Siyaram Silk Mills's Days Payable for the three months ended in Mar. 2026 was 47.25.

The historical rank and industry rank for Siyaram Silk Mills's Days Payable or its related term are showing as below:

NSE:SIYSIL' s Days Payable Range Over the Past 10 Years
Min: 57.12   Med: 69.83   Max: 95.93
Current: 67.97

During the past 13 years, Siyaram Silk Mills's highest Days Payable was 95.93. The lowest was 57.12. And the median was 69.83.

NSE:SIYSIL's Days Payable is ranked better than
60.87% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs NSE:SIYSIL: 67.97

Siyaram Silk Mills's Days Payable declined from Mar. 2025 (48.26) to Mar. 2026 (47.25). It may suggest that Siyaram Silk Mills accelerated paying its suppliers.


Siyaram Silk Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Siyaram Silk Mills'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.

Siyaram Silk Mills Days Payable Chart

Siyaram Silk Mills 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 72.31 63.14 60.36 57.12 59.06

Siyaram Silk Mills 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 48.26 107.30 70.66 82.69 47.25

Siyaram Silk Mills Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Siyaram Silk Mills'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.


Siyaram Silk Mills Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Siyaram Silk Mills's Days Payable falls into.


NSE:SIYSIL
86GF Score
Siyaram Silk Mills Ltd NSE:SIYSIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Siyaram Silk Mills 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.

Siyaram Silk Mills'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
=( (1967.42 + 2269.323) / 2 ) / 13092.11*365
=2118.3715 / 13092.11*365
=59.06

Siyaram Silk Mills'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 + 2269.323) / 1 ) / 4382.479*365 / 4
=2269.323 / 4382.479*365 / 4
=47.25

* 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 47.25 mean?
Siyaram Silk Mills (NSE:SIYSIL) has a Days Payable of 47.25 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 Siyaram Silk Mills and its competitors. This is 32% below median its historical median of 69.83. Over the past decade, Siyaram Silk Mills' Days Payable has ranged from 57.12 to 95.93. According to the industry distribution chart, Siyaram Silk Mills ranks #398 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.1%.
Is Siyaram Silk Mills' Days Payable too high?
Siyaram Silk Mills' current Days Payable of 47.25 is 32% below median its 10-year median of 69.83. Over the past 10 years, this metric has ranged from a low of 57.12 to a high of 95.93. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Siyaram Silk Mills' value of 47.25 is 12.9% below this industry median. Based on the distribution chart, Siyaram Silk Mills ranks #398 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Siyaram Silk Mills has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siyaram Silk Mills' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Siyaram Silk Mills ranks #398 out of 1017 companies for Days Payable. This puts Siyaram Silk Mills in the upper half of its industry. The industry median Days Payable is 54.22. Siyaram Silk Mills' value of 47.25 is 12.9% below this benchmark. Historically, Siyaram Silk Mills' own Days Payable has ranged from 57.12 to 95.93 over the past decade. While the company's 10-year median is 69.83 vs. the industry median of 54.22, Siyaram Silk Mills 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 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. Siyaram Silk Mills's current Days Payable of 47.25 is 12.9% 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 Siyaram Silk Mills 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. Siyaram Silk Mills's current Days Payable is 47.25, which is 32% below median its own 10-year median of 69.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siyaram Silk Mills stock overvalued right now?
Based on GuruFocus' analysis, Siyaram Silk Mills (NSE:SIYSIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹678.20, compared to a current price of ₹639.40 — trading 5.7% below its estimated fair value. The current Days Payable is 47.25, which is 32% below median its 10-year median of 69.83 and 12.9% below the Manufacturing - Apparel & Accessories industry median of 54.22. Siyaram Silk Mills' overall GF Score™ is 86/100 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 Siyaram Silk Mills (NSE:SIYSIL), the current Days Payable is 47.25 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 Siyaram Silk Mills (NSE:SIYSIL) Overvalued in 2026?

Based on GuruFocus' analysis, Siyaram Silk Mills stock appears to be undervalued. The current stock price of ₹639.40 is trading 5.7% below its estimated GF Value™ of ₹678.20. GuruFocus considers Siyaram Silk Mills to be Fairly Valued.

Key valuation signals for NSE:SIYSIL:

  • Days Payable: 47.25 (32% below median its 10-year median of 69.83)
  • GF Value™: ₹678.20 vs. price of ₹639.40 (5.7% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 12.9% below the Manufacturing - Apparel & Accessories median (#398 of 1017)

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


Siyaram Silk Mills Business Description

Other Exchanges 503811:India
Address Senapati Bapat Marg, B-5, Trade World, Kamala City, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Siyaram Silk Mills Ltd is a manufacturer and marketer of fabrics, readymade garments, and other textile products. It sells its products under the brand name Cadini, Siyaram's, Oxemberg, and others. The company operates a chain of retail outlets across India. A majority of the company's revenue is generated from its business in India and the rest from other regions.
86GF Score

Get the complete analysis for NSE:SIYSIL

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

₹639.40
Price
₹678.20
GF Value