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Veekayem Fashion & ApparelsNSE:VEEKAYEM +4.67%62 Days Payable is 29.86 as of Mar. 2025, which is 1% above its 10-year median of 29.54. GuruFocus rates NSE:VEEKAYEM with a GF Score™ of 62/100 and a GF Value™ of ₹169.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Veekayem Fashion & Apparels ranks worse than 74.29% on this metric.
The historical rank and industry rank for Veekayem Fashion & Apparels's Days Payable or its related term are showing as below:
NSE:VEEKAYEM'
s Days Payable Range Over the Past 10 Years
Min: 23.09 Med: 29.54 Max: 77.65
Current: 29.86
During the past 6 years, Veekayem Fashion & Apparels's highest Days Payable was 77.65. The lowest was 23.09. And the median was 29.54.
NSE:VEEKAYEM's Days Payable is ranked worse than 74.29% of 1023
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.08
vs NSE:VEEKAYEM: 29.86
* 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.
Veekayem Fashion & Apparels Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Veekayem Fashion & Apparels'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.
Veekayem Fashion & Apparels Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Veekayem Fashion & Apparels's Days Payable distribution charts can be found below:
* The bar in red indicates where Veekayem Fashion & Apparels's Days Payable falls into.
Veekayem Fashion & Apparels 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.
* 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.
Veekayem Fashion & Apparels (NSE:VEEKAYEM) has a Days Payable of 29.86 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 Veekayem Fashion & Apparels and its competitors. This is near median its historical median of 29.54. Over the past decade, Veekayem Fashion & Apparels' Days Payable has ranged from 23.09 to 77.65. According to the industry distribution chart, Veekayem Fashion & Apparels ranks #760 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 74.3%.
Is Veekayem Fashion & Apparels' Days Payable too high?
Veekayem Fashion & Apparels' current Days Payable of 29.86 is near median its 10-year median of 29.54. Over the past 10 years, this metric has ranged from a low of 23.09 to a high of 77.65. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.08. Veekayem Fashion & Apparels' value of 29.86 is 43.7% below this industry median. Based on the distribution chart, Veekayem Fashion & Apparels ranks #760 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Veekayem Fashion & Apparels has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veekayem Fashion & Apparels' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Veekayem Fashion & Apparels ranks #760 out of 1023 companies for Days Payable. This places Veekayem Fashion & Apparels in the lower half of its industry. The industry median Days Payable is 53.08. Veekayem Fashion & Apparels' value of 29.86 is 43.7% below this benchmark. Historically, Veekayem Fashion & Apparels' own Days Payable has ranged from 23.09 to 77.65 over the past decade. While the company's 10-year median is 29.54 vs. the industry median of 53.08, Veekayem Fashion & Apparels 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 53.08, 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. Veekayem Fashion & Apparels's current Days Payable of 29.86 is 43.7% 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 Veekayem Fashion & Apparels and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veekayem Fashion & Apparels's current Days Payable is 29.86, which is near median its own 10-year median of 29.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veekayem Fashion & Apparels stock overvalued right now?
Based on GuruFocus' analysis, Veekayem Fashion & Apparels (NSE:VEEKAYEM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹169.17, compared to a current price of ₹103.00 — trading 39.1% below its estimated fair value. The current Days Payable is 29.86, which is near median its 10-year median of 29.54 and 43.7% below the Manufacturing - Apparel & Accessories industry median of 53.08. Veekayem Fashion & Apparels' overall GF Score™ is 62/100 with 5 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 Veekayem Fashion & Apparels (NSE:VEEKAYEM), the current Days Payable is 29.86 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.
Is Veekayem Fashion & Apparels (NSE:VEEKAYEM) Overvalued in 2026?
Based on GuruFocus' analysis, Veekayem Fashion & Apparels stock appears to be undervalued.
The current stock price of ₹103.00 is trading 39.1% below its estimated GF Value™ of ₹169.17.
GuruFocus considers Veekayem Fashion & Apparels to be Significantly Undervalued.
Key valuation signals for NSE:VEEKAYEM:
Days Payable: 29.86 (near median its 10-year median of 29.54)
GF Value™: ₹169.17 vs. price of ₹103.00 (39.1% below fair value)
Industry Position: 43.7% below the Manufacturing - Apparel & Accessories median (#760 of 1023)
No single metric tells the full story. See the NSE:VEEKAYEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.
62GF Score
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