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Spencers RetailNSE:SPENCERS -0.88%57 Days Payable is 77.13 as of Mar. 2026, which is 18% above its 10-year median of 65.18. GuruFocus rates NSE:SPENCERS with a GF Score™ of 57/100 and a GF Value™ of ₹54.95 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,100 Retail - Cyclical companies, Spencers Retail ranks better than 68.09% on this metric.
The historical rank and industry rank for Spencers Retail's Days Payable or its related term are showing as below:
NSE:SPENCERS'
s Days Payable Range Over the Past 10 Years
Min: 59.17 Med: 65.18 Max: 79.79
Current: 77.56
During the past 9 years, Spencers Retail's highest Days Payable was 79.79. The lowest was 59.17. And the median was 65.18.
NSE:SPENCERS's Days Payable is ranked better than 68.09% of 1100
companies
in the Retail - Cyclical industry
Industry Median: 51.66
vs NSE:SPENCERS: 77.56
Spencers Retail's Days Payable
declined
from Mar. 2025 (86.74) to Mar. 2026 (77.13).
It may suggest that Spencers Retailaccelerated paying its suppliers.
Spencers Retail Days Payable Related Terms
Spencers Retail Days Payable Historical Data
* Premium members only.
The historical data trend for Spencers Retail'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.
For the Department Stores subindustry, Spencers Retail'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.
Spencers Retail Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Spencers Retail's Days Payable distribution charts can be found below:
* The bar in red indicates where Spencers Retail'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.
Spencers Retail'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.
Spencers Retail (NSE:SPENCERS) has a Days Payable of 77.13 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 Spencers Retail and its competitors. This is 18% above median its historical median of 65.18. Over the past decade, Spencers Retail's Days Payable has ranged from 59.17 to 79.79. According to the industry distribution chart, Spencers Retail ranks #351 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 31.9%.
Is Spencers Retail's Days Payable too high?
Spencers Retail's current Days Payable of 77.13 is 18% above median its 10-year median of 65.18. Over the past 10 years, this metric has ranged from a low of 59.17 to a high of 79.79. The Retail - Cyclical industry median Days Payable is 51.66. Spencers Retail's value of 77.13 is 49.3% above this industry median. Based on the distribution chart, Spencers Retail ranks #351 out of 1100 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Spencers Retail has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spencers Retail's Days Payable compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Spencers Retail ranks #351 out of 1100 companies for Days Payable. This puts Spencers Retail in the upper half of its industry. The industry median Days Payable is 51.66. Spencers Retail's value of 77.13 is 49.3% above this benchmark. Historically, Spencers Retail's own Days Payable has ranged from 59.17 to 79.79 over the past decade. While the company's 10-year median is 65.18 vs. the industry median of 51.66, Spencers Retail 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.66, based on 1,100 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. Spencers Retail's current Days Payable of 77.13 is 49.3% 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 Spencers Retail and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spencers Retail's current Days Payable is 77.13, which is 18% above median its own 10-year median of 65.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spencers Retail stock overvalued right now?
Based on GuruFocus' analysis, Spencers Retail (NSE:SPENCERS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹54.95, compared to a current price of ₹34.82 — trading 36.6% below its estimated fair value. The current Days Payable is 77.13, which is 18% above median its 10-year median of 65.18 and 49.3% above the Retail - Cyclical industry median of 51.66. Spencers Retail's overall GF Score™ is 57/100 with 4 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 Spencers Retail (NSE:SPENCERS), the current Days Payable is 77.13 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 Spencers Retail (NSE:SPENCERS) Overvalued in 2026?
Based on GuruFocus' analysis, Spencers Retail stock appears to be undervalued.
The current stock price of ₹34.82 is trading 36.6% below its estimated GF Value™ of ₹54.95.
GuruFocus considers Spencers Retail to be Possible Value Trap.
Key valuation signals for NSE:SPENCERS:
Days Payable: 77.13 (18% above median its 10-year median of 65.18)
GF Value™: ₹54.95 vs. price of ₹34.82 (36.6% below fair value)
Industry Position: 49.3% above the Retail - Cyclical median (#351 of 1100)
No single metric tells the full story. See the NSE:SPENCERS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spencers Retail Ltd is engaged in the retailing of goods and caters to the domestic market. The company is engaged in developing, conducting, investing, and promoting organized retail and operates departmental stores. The company provides a wide across categories such as food, personal care, fashion, home essentials, electrical, and electronics while its specialty section covers Spencer's gourmet, patisserie, wine, and liquor. The group operates only in India.
57GF Score
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