Vardhman Textiles (NSE:VTL) Days Payable: 33.59 (As of Mar. 2026) — 38% Above Median


NSE:VTL Vardhman Textiles Ltd NSE:VTL
76 GF Score
Price ₹636.15
GF Value ₹478.02
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Vardhman Textiles Days Payable?

Vardhman Textiles NSE:VTL +0.51% 76 Days Payable is 33.59 as of Mar. 2026, which is 38% above its 10-year median of 24.31. GuruFocus rates NSE:VTL with a GF Score™ of 76/100 and a GF Value™ of ₹478.02 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Vardhman Textiles ranks worse than 69% on this metric.

Vardhman Textiles's average Accounts Payable for the three months ended in Mar. 2026 was ₹4,968 Mil. Vardhman Textiles's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹13,495 Mil. Hence, Vardhman Textiles's Days Payable for the three months ended in Mar. 2026 was 33.59.

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

NSE:VTL' s Days Payable Range Over the Past 10 Years
Min: 19.68   Med: 24.31   Max: 34.63
Current: 34.63

During the past 13 years, Vardhman Textiles's highest Days Payable was 34.63. The lowest was 19.68. And the median was 24.31.

NSE:VTL's Days Payable is ranked worse than
69% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs NSE:VTL: 34.63

Vardhman Textiles's Days Payable increased from Mar. 2025 (33.04) to Mar. 2026 (33.59). It may suggest that Vardhman Textiles delayed paying its suppliers.


Vardhman Textiles Days Payable Historical Data

* Premium members only.

The historical data trend for Vardhman Textiles'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.

Vardhman Textiles Days Payable Chart

Vardhman Textiles 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 23.02 19.74 19.68 29.47 33.59

Vardhman Textiles 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 33.04 35.25 36.77 34.96 33.59

Vardhman Textiles Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Textiles'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.


Vardhman Textiles Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vardhman Textiles's Days Payable falls into.


NSE:VTL
76GF Score
Vardhman Textiles Ltd NSE:VTL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vardhman Textiles 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.

Vardhman Textiles'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
=( (5057 + 4967.5) / 2 ) / 54461*365
=5012.25 / 54461*365
=33.59

Vardhman Textiles'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 + 4967.5) / 1 ) / 13494.6*365 / 4
=4967.5 / 13494.6*365 / 4
=33.59

* 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 33.59 mean?
Vardhman Textiles (NSE:VTL) has a Days Payable of 33.59 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 Vardhman Textiles and its competitors. This is 38% above median its historical median of 24.31. Over the past decade, Vardhman Textiles' Days Payable has ranged from 19.68 to 34.63. According to the industry distribution chart, Vardhman Textiles ranks #701 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69%.
Is Vardhman Textiles' Days Payable too high?
Vardhman Textiles' current Days Payable of 33.59 is 38% above median its 10-year median of 24.31. Over the past 10 years, this metric has ranged from a low of 19.68 to a high of 34.63. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Vardhman Textiles' value of 33.59 is 37.8% below this industry median. Based on the distribution chart, Vardhman Textiles ranks #701 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Vardhman Textiles has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Textiles' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vardhman Textiles ranks #701 out of 1016 companies for Days Payable. This places Vardhman Textiles in the lower half of its industry. The industry median Days Payable is 54.05. Vardhman Textiles' value of 33.59 is 37.8% below this benchmark. Historically, Vardhman Textiles' own Days Payable has ranged from 19.68 to 34.63 over the past decade. While the company's 10-year median is 24.31 vs. the industry median of 54.05, Vardhman Textiles 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 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. Vardhman Textiles's current Days Payable of 33.59 is 37.8% 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 Vardhman Textiles 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. Vardhman Textiles's current Days Payable is 33.59, which is 38% above median its own 10-year median of 24.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Textiles stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Textiles (NSE:VTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹478.02, compared to a current price of ₹636.15 — trading 33.1% above its estimated fair value. The current Days Payable is 33.59, which is 38% above median its 10-year median of 24.31 and 37.8% below the Manufacturing - Apparel & Accessories industry median of 54.05. Vardhman Textiles' overall GF Score™ is 76/100 with 8 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 Vardhman Textiles (NSE:VTL), the current Days Payable is 33.59 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 Vardhman Textiles (NSE:VTL) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Textiles stock appears to be overvalued. The current stock price of ₹636.15 is trading 33.1% above its estimated GF Value™ of ₹478.02. GuruFocus considers Vardhman Textiles to be Significantly Overvalued.

Key valuation signals for NSE:VTL:

  • Days Payable: 33.59 (38% above median its 10-year median of 24.31)
  • GF Value™: ₹478.02 vs. price of ₹636.15 (33.1% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 37.8% below the Manufacturing - Apparel & Accessories median (#701 of 1016)

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


Vardhman Textiles Business Description

Other Exchanges 502986:India
Address Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Textiles Ltd is a manufacturer and seller of textiles and acrylic fiber. The company's segments include: Textile and Fibre. The company derives majority of its revenue from Textiles segment, which offers greige and dyed yarns in a number of fabrics such as cotton, polyester, acrylic, organic cotton, melange, cellulose, and synthetics. The company provides fabrics for the apparel industry and home textiles and manufactures shirts for retail brands. In addition, It offers hot-rolled bars for use in industries such as automotive, engineering, and allied industries. Geographically, it operates in India as well as Overseas.
76GF Score

Get the complete analysis for NSE:VTL

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

₹636.15
Price
₹478.02
GF Value