Shree Ram Twistex (NSE:SRTL) Days Payable: 20.90 (As of Jun. 2026) — 31% Below Median

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NSE:SRTL Shree Ram Twistex Ltd NSE:SRTL
16 GF Score
Price ₹40.13
! 3 Warning Signs
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What is Shree Ram Twistex Days Payable?

Shree Ram Twistex NSE:SRTL +0.53% 16 Days Payable is 20.90 as of Jun. 2026, which is 31% below its 10-year median of 30.35. GuruFocus rates NSE:SRTL with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Shree Ram Twistex ranks better than 72.83% on this metric.

Shree Ram Twistex's average Accounts Payable for the three months ended in Jun. 2026 was ₹182 Mil. Shree Ram Twistex's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹794 Mil. Hence, Shree Ram Twistex's Days Payable for the three months ended in Jun. 2026 was 20.90.

The historical rank and industry rank for Shree Ram Twistex's Days Payable or its related term are showing as below:

NSE:SRTL' s Days Payable Range Over the Past 10 Years
Min: 24.03   Med: 30.35   Max: 90.41
Current: 90.41

During the past 5 years, Shree Ram Twistex's highest Days Payable was 90.41. The lowest was 24.03. And the median was 30.35.

NSE:SRTL's Days Payable is ranked better than
72.83% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.68 vs NSE:SRTL: 90.41

Shree Ram Twistex's Days Payable declined from Mar. 2025 (31.40) to Jun. 2026 (20.90). It may suggest that Shree Ram Twistex accelerated paying its suppliers.


Shree Ram Twistex Days Payable Historical Data

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The historical data trend for Shree Ram Twistex'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.

Shree Ram Twistex Days Payable Chart

Shree Ram Twistex Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
30.35 28.67 24.03 45.07 48.71

Shree Ram Twistex Quarterly Data
Mar22 Mar23 Mar24 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only 31.40 73.11 103.40 116.90 20.90

Shree Ram Twistex Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Shree Ram Twistex'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.


Shree Ram Twistex Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shree Ram Twistex's Days Payable falls into.


NSE:SRTL
16GF Score
Shree Ram Twistex Ltd NSE:SRTL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Ram Twistex 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.

Shree Ram Twistex'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
=( (425.829 + 181.933) / 2 ) / 2276.923*365
=303.881 / 2276.923*365
=48.71

Shree Ram Twistex's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (181.933 + 0) / 1 ) / 794.436*365 / 4
=181.933 / 794.436*365 / 4
=20.90

* 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 20.90 mean?
Shree Ram Twistex (NSE:SRTL) has a Days Payable of 20.90 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shree Ram Twistex and its competitors. This is 31% below median its historical median of 30.35. Over the past decade, Shree Ram Twistex's Days Payable has ranged from 24.03 to 90.41. According to the industry distribution chart, Shree Ram Twistex ranks #278 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 27.2%.
Is Shree Ram Twistex's Days Payable too high?
Shree Ram Twistex's current Days Payable of 20.90 is 31% below median its 10-year median of 30.35. Over the past 10 years, this metric has ranged from a low of 24.03 to a high of 90.41. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.68. Shree Ram Twistex's value of 20.90 is 61.1% below this industry median. Based on the distribution chart, Shree Ram Twistex ranks #278 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shree Ram Twistex has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shree Ram Twistex's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shree Ram Twistex ranks #278 out of 1023 companies for Days Payable. This puts Shree Ram Twistex in the upper half of its industry. The industry median Days Payable is 53.68. Shree Ram Twistex's value of 20.90 is 61.1% below this benchmark. Historically, Shree Ram Twistex's own Days Payable has ranged from 24.03 to 90.41 over the past decade. While the company's 10-year median is 30.35 vs. the industry median of 53.68, Shree Ram Twistex 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 53.68, 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. Shree Ram Twistex's current Days Payable of 20.90 is 61.1% 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 Shree Ram Twistex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Ram Twistex's current Days Payable is 20.90, which is 31% below median its own 10-year median of 30.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Ram Twistex stock overvalued right now?
Shree Ram Twistex (NSE:SRTL) has a current Days Payable of 20.90. The current Days Payable is 20.90, which is 31% below median its 10-year median of 30.35 and 61.1% below the Manufacturing - Apparel & Accessories industry median of 53.68. Shree Ram Twistex's overall GF Score™ is 16/100 with 3 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 Shree Ram Twistex (NSE:SRTL), the current Days Payable is 20.90 as of Jun. 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.

Shree Ram Twistex Business Description

Other Exchanges 544716:India
Address 566P1, Umwada Road, Near Bajrang Cotspin, Gondal Market Yard, Gondal, Rajkot, GJ, IND, 360 311
Shree Ram Twistex Ltd is engaged in the manufacturing of Cotton Yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. The company's product portfolio also includes other yarns such as Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns. It serves various segments such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of its products including Carded Yarn, Combed Yarn, ELI Twist Yarn, Lycra Blended Yarn, and Compact Slub Yarn.
16GF Score

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