Varvee GlobalNSE:VGL -0.27%49 Days Payable is 158.46 as of Mar. 2026, which is 0% above its 10-year median of 157.70. GuruFocus rates NSE:VGL with a GF Score™ of 49/100 and a GF Value™ of ₹22.88 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Varvee Global ranks better than 94.69% on this metric.
The historical rank and industry rank for Varvee Global's Days Payable or its related term are showing as below:
NSE:VGL'
s Days Payable Range Over the Past 10 Years
Min: 94.46 Med: 157.7 Max: 381.38
Current: 284.43
During the past 13 years, Varvee Global's highest Days Payable was 381.38. The lowest was 94.46. And the median was 157.70.
NSE:VGL's Days Payable is ranked better than 94.69% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs NSE:VGL: 284.43
Varvee Global's Days Payable
increased
from Mar. 2025 (39.58) to Mar. 2026 (158.46).
It may suggest that Varvee Globaldelayed paying its suppliers.
Varvee Global Days Payable Related Terms
Varvee Global Days Payable Historical Data
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The historical data trend for Varvee Global'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 Textile Manufacturing subindustry, Varvee Global'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.
Varvee Global Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Varvee Global's Days Payable distribution charts can be found below:
* The bar in red indicates where Varvee Global'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.
Varvee Global'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.
Varvee Global (NSE:VGL) has a Days Payable of 158.46 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 Varvee Global and its competitors. This is near median its historical median of 157.70. Over the past decade, Varvee Global's Days Payable has ranged from 94.46 to 381.38. According to the industry distribution chart, Varvee Global ranks #54 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.3%.
Is Varvee Global's Days Payable too high?
Varvee Global's current Days Payable of 158.46 is near median its 10-year median of 157.70. Over the past 10 years, this metric has ranged from a low of 94.46 to a high of 381.38. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Varvee Global's value of 158.46 is 193.2% above this industry median. Based on the distribution chart, Varvee Global ranks #54 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Varvee Global has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varvee Global's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Varvee Global ranks #54 out of 1016 companies for Days Payable. This places Varvee Global in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 54.05. Varvee Global's value of 158.46 is 193.2% above this benchmark. Historically, Varvee Global's own Days Payable has ranged from 94.46 to 381.38 over the past decade. While the company's 10-year median is 157.70 vs. the industry median of 54.05, Varvee Global 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 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. Varvee Global's current Days Payable of 158.46 is 193.2% 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 Varvee Global and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varvee Global's current Days Payable is 158.46, which is near median its own 10-year median of 157.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varvee Global stock overvalued right now?
Based on GuruFocus' analysis, Varvee Global (NSE:VGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹22.88, compared to a current price of ₹63.61 — trading 178% above its estimated fair value. The current Days Payable is 158.46, which is near median its 10-year median of 157.70 and 193.2% above the Manufacturing - Apparel & Accessories industry median of 54.05. Varvee Global's overall GF Score™ is 49/100 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 Varvee Global (NSE:VGL), the current Days Payable is 158.46 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 Varvee Global (NSE:VGL) Overvalued in 2026?
Based on GuruFocus' analysis, Varvee Global stock appears to be overvalued.
The current stock price of ₹63.61 is trading 178% above its estimated GF Value™ of ₹22.88.
GuruFocus considers Varvee Global to be Significantly Overvalued.
Key valuation signals for NSE:VGL:
Days Payable: 158.46 (near median its 10-year median of 157.70)
GF Value™: ₹22.88 vs. price of ₹63.61 (178% above fair value)
Industry Position: 193.2% above the Manufacturing - Apparel & Accessories median (#54 of 1016)
No single metric tells the full story. See the NSE:VGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varvee Global Ltd is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. Geographically, the company derives a majority of its revenue from India.
49GF Score
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