Vera Synthetic (NSE:VERA) Days Payable: 46.89 (As of Mar. 2026) — 133% Above Median

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NSE:VERA Vera Synthetic Ltd NSE:VERA
84 GF Score
Price ₹86.25
GF Value ₹83.01
Valuation Fairly Valued
! 6 Warning Signs
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What is Vera Synthetic Days Payable?

Vera Synthetic NSE:VERA 84 Days Payable is 46.89 as of Mar. 2026, which is 133% above its 10-year median of 20.12. GuruFocus rates NSE:VERA with a GF Score™ of 84/100 and a GF Value™ of ₹83.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Vera Synthetic ranks worse than 83.84% on this metric.

Vera Synthetic's average Accounts Payable for the six months ended in Mar. 2026 was ₹22.1 Mil. Vera Synthetic's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹171.6 Mil. Hence, Vera Synthetic's Days Payable for the six months ended in Mar. 2026 was 23.45.

The historical rank and industry rank for Vera Synthetic's Days Payable or its related term are showing as below:

NSE:VERA' s Days Payable Range Over the Past 10 Years
Min: 6.62   Med: 20.12   Max: 39.47
Current: 21.97

During the past 13 years, Vera Synthetic's highest Days Payable was 39.47. The lowest was 6.62. And the median was 20.12.

NSE:VERA's Days Payable is ranked worse than
83.84% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.08 vs NSE:VERA: 21.97

Vera Synthetic's Days Payable declined from Mar. 2025 (48.50) to Mar. 2026 (46.89). It may suggest that Vera Synthetic accelerated paying its suppliers.


Vera Synthetic Days Payable Historical Data

* Premium members only.

The historical data trend for Vera Synthetic'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.

Vera Synthetic Days Payable Chart

Vera Synthetic 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 27.59 21.19 10.71 14.69 14.91

Vera Synthetic Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 65.06 12.19 48.50 54.83 46.89

Vera Synthetic Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Vera Synthetic'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.


Vera Synthetic Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vera Synthetic's Days Payable falls into.


NSE:VERA
84GF Score
Vera Synthetic Ltd NSE:VERA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vera Synthetic 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.

Vera Synthetic'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
=( (20.107 + 8.944) / 2 ) / 355.567*365
=14.5255 / 355.567*365
=14.91

Vera Synthetic'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (35.156 + 8.944) / 2 ) / 171.638*365 / 2
=22.05 / 171.638*365 / 2
=23.45

* 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 46.89 mean?
Vera Synthetic (NSE:VERA) has a Days Payable of 46.89 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 Vera Synthetic and its competitors. This is 133% above median its historical median of 20.12. Over the past decade, Vera Synthetic's Days Payable has ranged from 6.62 to 39.47. According to the industry distribution chart, Vera Synthetic ranks #861 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.8%.
Is Vera Synthetic's Days Payable too high?
Vera Synthetic's current Days Payable of 46.89 is 133% above median its 10-year median of 20.12. Over the past 10 years, this metric has ranged from a low of 6.62 to a high of 39.47. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.08. Vera Synthetic's value of 46.89 is 11.7% below this industry median. Based on the distribution chart, Vera Synthetic ranks #861 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Vera Synthetic has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vera Synthetic's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vera Synthetic ranks #861 out of 1027 companies for Days Payable. This places Vera Synthetic in the lower half of its industry. The industry median Days Payable is 53.08. Vera Synthetic's value of 46.89 is 11.7% below this benchmark. Historically, Vera Synthetic's own Days Payable has ranged from 6.62 to 39.47 over the past decade. While the company's 10-year median is 20.12 vs. the industry median of 53.08, Vera Synthetic 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 1,027 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. Vera Synthetic's current Days Payable of 46.89 is 11.7% 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 Vera Synthetic 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. Vera Synthetic's current Days Payable is 46.89, which is 133% above median its own 10-year median of 20.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vera Synthetic stock overvalued right now?
Based on GuruFocus' analysis, Vera Synthetic (NSE:VERA) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.01, compared to a current price of ₹86.25 — trading 3.9% above its estimated fair value. The current Days Payable is 46.89, which is 133% above median its 10-year median of 20.12 and 11.7% below the Manufacturing - Apparel & Accessories industry median of 53.08. Vera Synthetic's overall GF Score™ is 84/100 with 6 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 Vera Synthetic (NSE:VERA), the current Days Payable is 46.89 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 Vera Synthetic (NSE:VERA) Overvalued in 2026?

Based on GuruFocus' analysis, Vera Synthetic stock appears to be overvalued. The current stock price of ₹86.25 is trading 3.9% above its estimated GF Value™ of ₹83.01. GuruFocus considers Vera Synthetic to be Fairly Valued.

Key valuation signals for NSE:VERA:

  • Days Payable: 46.89 (133% above median its 10-year median of 20.12)
  • GF Value™: ₹83.01 vs. price of ₹86.25 (3.9% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 11.7% below the Manufacturing - Apparel & Accessories median (#861 of 1027)

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


Vera Synthetic Business Description

Address Dairy Road, Devubag, Office Number Upper Level (UL) - 27, Pattani Plaza, Bhavnagar, GJ, IND, 364002
Vera Synthetic Ltd is engaged in the manufacturing of fishing nets, ropes, twines yarns, mainly high density plastic products. The company manufactures products for the fishing industry and other allied uses. Its product portfolio includes High-Density Polyethylene (HDPE) fishing nets and twines, Polyester ropes, PP yarns, and Pet straps. It manufactures and markets its product under the brand name Sujlon. Geographically, it operates only in India.
84GF Score

Get the complete analysis for NSE:VERA

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

₹86.25
Price
₹83.01
GF Value