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Visagar PolytexNSE:VIVIDHA -1.89%22 Days Payable is 3.58 as of Jun. 2026, which is 97% below its 10-year median of 138.74. GuruFocus rates NSE:VIVIDHA with a GF Score™ of 22/100 and a GF Value™ of ₹0.55 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Visagar Polytex ranks worse than 100% on this metric.
The historical rank and industry rank for Visagar Polytex's Days Payable or its related term are showing as below:
NSE:VIVIDHA'
s Days Payable Range Over the Past 10 Years
Min: -196.72 Med: 138.74 Max: 503.77
Current: -139.05
During the past 13 years, Visagar Polytex's highest Days Payable was 503.77. The lowest was -196.72. And the median was 138.74.
NSE:VIVIDHA's Days Payable is ranked worse than 100% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.41
vs NSE:VIVIDHA: -139.05
Visagar Polytex's Days Payable
increased
from Jun. 2025 (-104.95) to Jun. 2026 (3.58).
It may suggest that Visagar Polytexdelayed paying its suppliers.
The historical data trend for Visagar Polytex'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.
Visagar Polytex Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Visagar Polytex'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.
Visagar Polytex Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Visagar Polytex's Days Payable distribution charts can be found below:
* The bar in red indicates where Visagar Polytex'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.
Visagar Polytex'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.
Visagar Polytex (NSE:VIVIDHA) has a Days Payable of 3.58 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 Visagar Polytex and its competitors. This is 97% below median its historical median of 138.74. According to the industry distribution chart, Visagar Polytex ranks #1024 out of 1024 companies in the Manufacturing - Apparel & Accessories industry.
Is Visagar Polytex's Days Payable too high?
Visagar Polytex's current Days Payable of 3.58 is 97% below median its 10-year median of 138.74. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.41. Visagar Polytex's value of 3.58 is 93.3% below this industry median. Based on the distribution chart, Visagar Polytex ranks #1024 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Visagar Polytex has a GF Score™ of 22/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Visagar Polytex's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Visagar Polytex ranks #1024 out of 1024 companies for Days Payable. This places Visagar Polytex in the lower half of its industry. The industry median Days Payable is 53.41. Visagar Polytex's value of 3.58 is 93.3% below this benchmark. While the company's 10-year median is 138.74 vs. the industry median of 53.41, Visagar Polytex 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 53.41, based on 1,024 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. Visagar Polytex's current Days Payable of 3.58 is 93.3% 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 Visagar Polytex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visagar Polytex's current Days Payable is 3.58, which is 97% below median its own 10-year median of 138.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visagar Polytex stock overvalued right now?
Based on GuruFocus' analysis, Visagar Polytex (NSE:VIVIDHA) is currently considered Fairly Valued. The stock's GF Value™ is ₹0.55, compared to a current price of ₹0.52 — trading 5.5% below its estimated fair value. The current Days Payable is 3.58, which is 97% below median its 10-year median of 138.74 and 93.3% below the Manufacturing - Apparel & Accessories industry median of 53.41. Visagar Polytex's overall GF Score™ is 22/100 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 Visagar Polytex (NSE:VIVIDHA), the current Days Payable is 3.58 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.
Is Visagar Polytex (NSE:VIVIDHA) Overvalued in 2026?
Based on GuruFocus' analysis, Visagar Polytex stock appears to be undervalued.
The current stock price of ₹0.52 is trading 5.5% below its estimated GF Value™ of ₹0.55.
GuruFocus considers Visagar Polytex to be Fairly Valued.
Key valuation signals for NSE:VIVIDHA:
Days Payable: 3.58 (97% below median its 10-year median of 138.74)
GF Value™: ₹0.55 vs. price of ₹0.52 (5.5% below fair value)
Industry Position: 93.3% below the Manufacturing - Apparel & Accessories median (#1024 of 1024)
No single metric tells the full story. See the NSE:VIVIDHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Visagar Polytex Ltd operates in the textile industry, focusing on the manufacturing, wholesale, retail, and trading of ethnic wear and textile-related goods. The company's key products include sarees, lehengas, suits, interlining goods, and various fabrics, marketed prominently under its Vividha brand. It has a retail presence across India, supported by a manufacturing unit at Surat. The Company has only one reportable business segment and has only one reportable geographic segment in India. The income source is through the interest income earned on the fixed deposits.
22GF Score
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