Zenith ExportsNSE:ZENITHEXPO -4.52%73 Days Payable is 79.59 as of Mar. 2026, which is 140% above its 10-year median of 33.20. GuruFocus rates NSE:ZENITHEXPO with a GF Score™ of 73/100 and a GF Value™ of ₹191.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Zenith Exports ranks better than 54.25% on this metric.
The historical rank and industry rank for Zenith Exports's Days Payable or its related term are showing as below:
NSE:ZENITHEXPO'
s Days Payable Range Over the Past 10 Years
Min: 19.52 Med: 33.2 Max: 61.96
Current: 58.09
During the past 13 years, Zenith Exports's highest Days Payable was 61.96. The lowest was 19.52. And the median was 33.20.
NSE:ZENITHEXPO's Days Payable is ranked better than 54.25% of 1012
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945
vs NSE:ZENITHEXPO: 58.09
Zenith Exports's Days Payable
increased
from Mar. 2025 (38.29) to Mar. 2026 (79.59).
It may suggest that Zenith Exportsdelayed paying its suppliers.
Zenith Exports Days Payable Related Terms
Zenith Exports Days Payable Historical Data
* Premium members only.
The historical data trend for Zenith Exports'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, Zenith Exports'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.
Zenith Exports Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zenith Exports's Days Payable distribution charts can be found below:
* The bar in red indicates where Zenith Exports'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.
Zenith Exports'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.
Zenith Exports (NSE:ZENITHEXPO) has a Days Payable of 79.59 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 Zenith Exports and its competitors. This is 140% above median its historical median of 33.20. Over the past decade, Zenith Exports' Days Payable has ranged from 19.52 to 61.96. According to the industry distribution chart, Zenith Exports ranks #463 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.8%.
Is Zenith Exports' Days Payable too high?
Zenith Exports' current Days Payable of 79.59 is 140% above median its 10-year median of 33.20. Over the past 10 years, this metric has ranged from a low of 19.52 to a high of 61.96. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. Zenith Exports' value of 79.59 is 47.5% above this industry median. Based on the distribution chart, Zenith Exports ranks #463 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Zenith Exports has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zenith Exports' Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zenith Exports ranks #463 out of 1012 companies for Days Payable. This puts Zenith Exports in the upper half of its industry. The industry median Days Payable is 53.95. Zenith Exports' value of 79.59 is 47.5% above this benchmark. Historically, Zenith Exports' own Days Payable has ranged from 19.52 to 61.96 over the past decade. While the company's 10-year median is 33.20 vs. the industry median of 53.95, Zenith Exports 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 53.95, based on 1,012 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. Zenith Exports's current Days Payable of 79.59 is 47.5% 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 Zenith Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Exports's current Days Payable is 79.59, which is 140% above median its own 10-year median of 33.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Exports stock overvalued right now?
Based on GuruFocus' analysis, Zenith Exports (NSE:ZENITHEXPO) is currently considered Fairly Valued. The stock's GF Value™ is ₹191.57, compared to a current price of ₹191.45 — trading 0.1% below its estimated fair value. The current Days Payable is 79.59, which is 140% above median its 10-year median of 33.20 and 47.5% above the Manufacturing - Apparel & Accessories industry median of 53.95. Zenith Exports' overall GF Score™ is 73/100 with 3 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 Zenith Exports (NSE:ZENITHEXPO), the current Days Payable is 79.59 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 Zenith Exports (NSE:ZENITHEXPO) Overvalued in 2026?
Based on GuruFocus' analysis, Zenith Exports stock appears to be undervalued.
The current stock price of ₹191.45 is trading 0.1% below its estimated GF Value™ of ₹191.57.
GuruFocus considers Zenith Exports to be Fairly Valued.
Key valuation signals for NSE:ZENITHEXPO:
Days Payable: 79.59 (140% above median its 10-year median of 33.20)
GF Value™: ₹191.57 vs. price of ₹191.45 (0.1% below fair value)
Industry Position: 47.5% above the Manufacturing - Apparel & Accessories median (#463 of 1012)
No single metric tells the full story. See the NSE:ZENITHEXPO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenith Exports Ltd is an India-based company engaged in the business of Leather Goods & Textile Fabrics. Its segment includes Silk Fabrics & Made-ups, Silk Fabrics & Made-ups, Yarns, and Weavings Silk Fabrics. It generates the majority of its revenue from the Industrial Leather H/Gloves & Made-ups. Geographically, it derives the majority of its revenue from Outside India.
73GF Score
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