Paramount Communications (NSE:PARACABLES) Days Inventory: 58.92 (As of Mar. 2026) — 22% Below Median

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NSE:PARACABLES Paramount Communications Ltd NSE:PARACABLES
81 GF Score
Price ₹61.64
GF Value ₹87.36
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Paramount Communications Days Inventory?

Paramount Communications NSE:PARACABLES -1.03% 81 Days Inventory is 58.92 as of Mar. 2026, which is 22% below its 10-year median of 75.09. GuruFocus rates NSE:PARACABLES with a GF Score™ of 81/100 and a GF Value™ of ₹87.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,416 Hardware companies, Paramount Communications ranks better than 62.04% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Paramount Communications's Average Total Inventories for the three months ended in Mar. 2026 was ₹2,849 Mil. Paramount Communications's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,413 Mil. Hence, Paramount Communications's Days Inventory for the three months ended in Mar. 2026 was 58.92.

The historical rank and industry rank for Paramount Communications's Days Inventory or its related term are showing as below:

NSE:PARACABLES' s Days Inventory Range Over the Past 10 Years
Min: 21.29   Med: 75.09   Max: 91.85
Current: 76.53

During the past 13 years, Paramount Communications's highest Days Inventory was 91.85. The lowest was 21.29. And the median was 75.09.

NSE:PARACABLES's Days Inventory is ranked better than
62.04% of 2416 companies
in the Hardware industry
Industry Median: 93.89 vs NSE:PARACABLES: 76.53

Paramount Communications's Days Inventory declined from Mar. 2025 (72.60) to Mar. 2026 (58.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Paramount Communications's Inventory Turnover for the three months ended in Mar. 2026 was 1.55.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Paramount Communications's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.50.


Paramount Communications  (NSE:PARACABLES) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Paramount Communications's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Paramount Communications's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Paramount Communications Days Inventory Related Terms


Paramount Communications Days Inventory Historical Data

* Premium members only.

The historical data trend for Paramount Communications's Days Inventory 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.

Paramount Communications Days Inventory Chart

Paramount Communications Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.72 70.76 79.75 84.97 75.42

Paramount Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory 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 72.60 82.55 90.80 82.45 58.92

NSE:PARACABLES vs CSCO, MSI, HPE: Days Inventory Comparison

For the Communication Equipment subindustry, Paramount Communications's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Paramount Communications Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Paramount Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where Paramount Communications's Days Inventory falls into.


NSE:PARACABLES
81GF Score
Paramount Communications Ltd NSE:PARACABLES
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paramount Communications Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Paramount Communications's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (3108.756 + 2849.1) / 2 ) / 14416.4*365
=2978.928 / 14416.4*365
=75.42

Paramount Communications's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 2849.1) / 1 ) / 4412.5*365 / 4
=2849.1 / 4412.5*365 / 4
=58.92

* 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 Inventory →
What does a Days Inventory of 58.92 mean?
Paramount Communications (NSE:PARACABLES) has a Days Inventory of 58.92 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Paramount Communications and its competitors. This is 22% below median its historical median of 75.09. Over the past decade, Paramount Communications' Days Inventory has ranged from 21.29 to 91.85. According to the industry distribution chart, Paramount Communications ranks #917 out of 2416 companies in the Hardware industry, placing it in the top 38%.
Is Paramount Communications' Days Inventory too high?
Paramount Communications' current Days Inventory of 58.92 is 22% below median its 10-year median of 75.09. Over the past 10 years, this metric has ranged from a low of 21.29 to a high of 91.85. The Hardware industry median Days Inventory is 93.89. Paramount Communications' value of 58.92 is 37.2% below this industry median. Based on the distribution chart, Paramount Communications ranks #917 out of 2416 companies in the Hardware industry, which is above the industry midpoint. Overall, Paramount Communications has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paramount Communications' Days Inventory compare to CSCO and MSI?
According to the Hardware industry distribution chart, Paramount Communications ranks #917 out of 2416 companies for Days Inventory. This puts Paramount Communications in the upper half of its industry. The industry median Days Inventory is 93.89. Paramount Communications' value of 58.92 is 37.2% below this benchmark. Historically, Paramount Communications' own Days Inventory has ranged from 21.29 to 91.85 over the past decade. While the company's 10-year median is 75.09 vs. the industry median of 93.89, Paramount Communications 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 Inventory for a Hardware company?
The median Days Inventory among Hardware companies is 93.89, based on 2,416 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paramount Communications's current Days Inventory of 58.92 is 37.2% 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 Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Paramount Communications and its competitors. For the Hardware industry, the median Days Inventory is 93.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paramount Communications's current Days Inventory is 58.92, which is 22% below median its own 10-year median of 75.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paramount Communications stock overvalued right now?
Based on GuruFocus' analysis, Paramount Communications (NSE:PARACABLES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹87.36, compared to a current price of ₹61.64 — trading 29.4% below its estimated fair value. The current Days Inventory is 58.92, which is 22% below median its 10-year median of 75.09 and 37.2% below the Hardware industry median of 93.89. Paramount Communications' overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Paramount Communications (NSE:PARACABLES), the current Days Inventory is 58.92 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 Paramount Communications (NSE:PARACABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Paramount Communications stock appears to be undervalued. The current stock price of ₹61.64 is trading 29.4% below its estimated GF Value™ of ₹87.36. GuruFocus considers Paramount Communications to be Modestly Undervalued.

Key valuation signals for NSE:PARACABLES:

  • Days Inventory: 58.92 (22% below median its 10-year median of 75.09)
  • GF Value™: ₹87.36 vs. price of ₹61.64 (29.4% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 37.2% below the Hardware median (#917 of 2416)

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


Paramount Communications Business Description

Other Exchanges 530555:India
Address KH-433, Maulsari Avenue, Westend Greens, New Delhi, IND, 110037
Paramount Communications Ltd is a wire and cable manufacturing company. Its product portfolio consists of low-voltage and high-voltage power cables, aerial bunch cables (ABC), control and instrumentation cables, thermocouple extension and compensating cables, fire performance cables, and others. Its products are used in the power, railways, telecom and information technology (IT), petrochemicals, construction, and defense industries. The company operates in a single business segment which is Wire and Cables comprising of power cables, telecom cables, railway cables and specialised cables.
81GF Score

Get the complete analysis for NSE:PARACABLES

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

₹61.64
Price
₹87.36
GF Value