VIP Clothing (NSE:VIPCLOTHNG) Days Payable: 70.50 (As of Mar. 2026) — Near Median


NSE:VIPCLOTHNG VIP Clothing Ltd NSE:VIPCLOTHNG
59 GF Score
Price ₹25.93
GF Value ₹45.20
Valuation Significantly Undervalued
! 4 Warning Signs
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What is VIP Clothing Days Payable?

VIP Clothing NSE:VIPCLOTHNG -0.31% 59 Days Payable is 70.50 as of Mar. 2026, which is 7% below its 10-year median of 76.09. GuruFocus rates NSE:VIPCLOTHNG with a GF Score™ of 59/100 and a GF Value™ of ₹45.20 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, VIP Clothing ranks better than 69.22% on this metric.

VIP Clothing's average Accounts Payable for the three months ended in Mar. 2026 was ₹429 Mil. VIP Clothing's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹555 Mil. Hence, VIP Clothing's Days Payable for the three months ended in Mar. 2026 was 70.50.

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

NSE:VIPCLOTHNG' s Days Payable Range Over the Past 10 Years
Min: 61.93   Med: 76.09   Max: 90.16
Current: 83.09

During the past 13 years, VIP Clothing's highest Days Payable was 90.16. The lowest was 61.93. And the median was 76.09.

NSE:VIPCLOTHNG's Days Payable is ranked better than
69.22% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.135 vs NSE:VIPCLOTHNG: 83.09

VIP Clothing's Days Payable declined from Mar. 2025 (92.58) to Mar. 2026 (70.50). It may suggest that VIP Clothing accelerated paying its suppliers.


VIP Clothing Days Payable Historical Data

* Premium members only.

The historical data trend for VIP Clothing'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.

VIP Clothing Days Payable Chart

VIP Clothing 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 74.70 77.78 89.85 90.16 85.94

VIP Clothing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 92.58 88.40 74.82 98.50 70.50

NSE:VIPCLOTHNG vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, VIP Clothing'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.


VIP Clothing Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where VIP Clothing's Days Payable falls into.


NSE:VIPCLOTHNG
59GF Score
VIP Clothing Ltd NSE:VIPCLOTHNG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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VIP Clothing 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.

VIP Clothing'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
=( (470.413 + 428.686) / 2 ) / 1909.331*365
=449.5495 / 1909.331*365
=85.94

VIP Clothing'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 428.686) / 1 ) / 554.865*365 / 4
=428.686 / 554.865*365 / 4
=70.50

* 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 70.50 mean?
VIP Clothing (NSE:VIPCLOTHNG) has a Days Payable of 70.50 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 VIP Clothing and its competitors. This is near median its historical median of 76.09. Over the past decade, VIP Clothing's Days Payable has ranged from 61.93 to 90.16. According to the industry distribution chart, VIP Clothing ranks #314 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.8%.
Is VIP Clothing's Days Payable too high?
VIP Clothing's current Days Payable of 70.50 is near median its 10-year median of 76.09. Over the past 10 years, this metric has ranged from a low of 61.93 to a high of 90.16. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.14. VIP Clothing's value of 70.50 is 30.2% above this industry median. Based on the distribution chart, VIP Clothing ranks #314 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, VIP Clothing has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Clothing's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Clothing ranks #314 out of 1020 companies for Days Payable. This puts VIP Clothing in the upper half of its industry. The industry median Days Payable is 54.14. VIP Clothing's value of 70.50 is 30.2% above this benchmark. Historically, VIP Clothing's own Days Payable has ranged from 61.93 to 90.16 over the past decade. While the company's 10-year median is 76.09 vs. the industry median of 54.14, VIP Clothing 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 54.14, based on 1,020 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. VIP Clothing's current Days Payable of 70.50 is 30.2% 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 VIP Clothing and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Clothing's current Days Payable is 70.50, which is near median its own 10-year median of 76.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Clothing stock overvalued right now?
Based on GuruFocus' analysis, VIP Clothing (NSE:VIPCLOTHNG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹45.20, compared to a current price of ₹25.93 — trading 42.6% below its estimated fair value. The current Days Payable is 70.50, which is near median its 10-year median of 76.09 and 30.2% above the Manufacturing - Apparel & Accessories industry median of 54.14. VIP Clothing's overall GF Score™ is 59/100 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 VIP Clothing (NSE:VIPCLOTHNG), the current Days Payable is 70.50 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 VIP Clothing (NSE:VIPCLOTHNG) Overvalued in 2026?

Based on GuruFocus' analysis, VIP Clothing stock appears to be undervalued. The current stock price of ₹25.93 is trading 42.6% below its estimated GF Value™ of ₹45.20. GuruFocus considers VIP Clothing to be Significantly Undervalued.

Key valuation signals for NSE:VIPCLOTHNG:

  • Days Payable: 70.50 (near median its 10-year median of 76.09)
  • GF Value™: ₹45.20 vs. price of ₹25.93 (42.6% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 30.2% above the Manufacturing - Apparel & Accessories median (#314 of 1020)

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


VIP Clothing Business Description

Other Exchanges 532613:India
Address C-6, Road No. 22, MIDC, Andheri (East), Mumbai, MH, IND, 400 093
VIP Clothing Ltd is an Indian company which is active in manufacturing innerwear and socks under the brand VIP Inners, Frenchie, Frenchie X, VIP Leader, and VIP Feelings and all of their sub-brands for men and women. The company has one operating segment, namely Hosiery and others. Geographically the company generates the majority of their revenue within India.
59GF Score

Get the complete analysis for NSE:VIPCLOTHNG

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

₹25.93
Price
₹45.20
GF Value