Paras Defence And Space Technologies (NSE:PARAS) Days Inventory: 161.41 (As of Mar. 2026) — 40% Below Median


NSE:PARAS Paras Defence And Space Technologies Ltd NSE:PARAS
87 GF Score
Price ₹1,294.00
GF Value ₹834.58
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Paras Defence And Space Technologies Days Inventory?

Paras Defence And Space Technologies NSE:PARAS -3.71% 87 Days Inventory is 161.41 as of Mar. 2026, which is 40% below its 10-year median of 267.24. GuruFocus rates NSE:PARAS with a GF Score™ of 87/100 and a GF Value™ of ₹834.58 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 326 Aerospace & Defense companies, Paras Defence And Space Technologies ranks worse than 72.7% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Paras Defence And Space Technologies's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,596 Mil. Paras Defence And Space Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹902 Mil. Hence, Paras Defence And Space Technologies's Days Inventory for the three months ended in Mar. 2026 was 161.41.

The historical rank and industry rank for Paras Defence And Space Technologies's Days Inventory or its related term are showing as below:

NSE:PARAS' s Days Inventory Range Over the Past 10 Years
Min: 233.78   Med: 267.24   Max: 322.76
Current: 233.78

During the past 8 years, Paras Defence And Space Technologies's highest Days Inventory was 322.76. The lowest was 233.78. And the median was 267.24.

NSE:PARAS's Days Inventory is ranked worse than
72.7% of 326 companies
in the Aerospace & Defense industry
Industry Median: 141.34 vs NSE:PARAS: 233.78

Paras Defence And Space Technologies's Days Inventory declined from Mar. 2025 (274.81) to Mar. 2026 (161.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Paras Defence And Space Technologies's Inventory Turnover for the three months ended in Mar. 2026 was 0.57.

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. Paras Defence And Space Technologies's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.93.


Paras Defence And Space Technologies  (NSE:PARAS) 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.

Paras Defence And Space Technologies'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.

Paras Defence And Space Technologies'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.


Paras Defence And Space Technologies Days Inventory Related Terms


Paras Defence And Space Technologies Days Inventory Historical Data

* Premium members only.

The historical data trend for Paras Defence And Space Technologies'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.

Paras Defence And Space Technologies Days Inventory Chart

Paras Defence And Space Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 258.18 245.85 315.85 322.76 237.47

Paras Defence And Space Technologies 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 274.81 316.15 289.17 232.35 161.41

NSE:PARAS vs SPCX, GE, RTX: Days Inventory Comparison

For the Aerospace & Defense subindustry, Paras Defence And Space Technologies'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.


Paras Defence And Space Technologies Days Inventory vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Paras Defence And Space Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Paras Defence And Space Technologies's Days Inventory falls into.


NSE:PARAS
87GF Score
Paras Defence And Space Technologies Ltd NSE:PARAS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Paras Defence And Space Technologies Days Inventory Calculation

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

Paras Defence And Space Technologies'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
=( (1508.52 + 1596.2) / 2 ) / 2386*365
=1552.36 / 2386*365
=237.47

Paras Defence And Space Technologies'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 + 1596.2) / 1 ) / 902.4*365 / 4
=1596.2 / 902.4*365 / 4
=161.41

* 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 161.41 mean?
Paras Defence And Space Technologies (NSE:PARAS) has a Days Inventory of 161.41 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Paras Defence And Space Technologies and its competitors. This is 40% below median its historical median of 267.24. Over the past decade, Paras Defence And Space Technologies' Days Inventory has ranged from 233.78 to 322.76. According to the industry distribution chart, Paras Defence And Space Technologies ranks #237 out of 326 companies in the Aerospace & Defense industry, placing it in the top 72.7%.
Is Paras Defence And Space Technologies' Days Inventory too high?
Paras Defence And Space Technologies' current Days Inventory of 161.41 is 40% below median its 10-year median of 267.24. Over the past 10 years, this metric has ranged from a low of 233.78 to a high of 322.76. The Aerospace & Defense industry median Days Inventory is 141.34. Paras Defence And Space Technologies' value of 161.41 is 14.2% above this industry median. Based on the distribution chart, Paras Defence And Space Technologies ranks #237 out of 326 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Paras Defence And Space Technologies has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paras Defence And Space Technologies' Days Inventory compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Paras Defence And Space Technologies ranks #237 out of 326 companies for Days Inventory. This places Paras Defence And Space Technologies in the lower half of its industry. The industry median Days Inventory is 141.34. Paras Defence And Space Technologies' value of 161.41 is 14.2% above this benchmark. Historically, Paras Defence And Space Technologies' own Days Inventory has ranged from 233.78 to 322.76 over the past decade. While the company's 10-year median is 267.24 vs. the industry median of 141.34, Paras Defence And Space Technologies 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 Inventory for an Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 141.34, based on 326 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. Paras Defence And Space Technologies's current Days Inventory of 161.41 is 14.2% 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 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 Paras Defence And Space Technologies and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 141.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paras Defence And Space Technologies's current Days Inventory is 161.41, which is 40% below median its own 10-year median of 267.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paras Defence And Space Technologies stock overvalued right now?
Based on GuruFocus' analysis, Paras Defence And Space Technologies (NSE:PARAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹834.58, compared to a current price of ₹1,294.00 — trading 55% above its estimated fair value. The current Days Inventory is 161.41, which is 40% below median its 10-year median of 267.24 and 14.2% above the Aerospace & Defense industry median of 141.34. Paras Defence And Space Technologies' overall GF Score™ is 87/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Paras Defence And Space Technologies (NSE:PARAS), the current Days Inventory is 161.41 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 Paras Defence And Space Technologies (NSE:PARAS) Overvalued in 2026?

Based on GuruFocus' analysis, Paras Defence And Space Technologies stock appears to be overvalued. The current stock price of ₹1,294.00 is trading 55% above its estimated GF Value™ of ₹834.58. GuruFocus considers Paras Defence And Space Technologies to be Significantly Overvalued.

Key valuation signals for NSE:PARAS:

  • Days Inventory: 161.41 (40% below median its 10-year median of 267.24)
  • GF Value™: ₹834.58 vs. price of ₹1,294.00 (55% above fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 14.2% above the Aerospace & Defense median (#237 of 326)

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


Paras Defence And Space Technologies Business Description

Other Exchanges 543367:India
Address D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai, MH, IND, 400706
Paras Defence And Space Technologies Ltd is engaged in the designing, developing, manufacturing, and testing of various defense and space engineering products and solutions. The company's product portfolio includes lens barrels, rugged networking and communication equipment, multifold lenses, metal mirrors, submarine winches, and mill grade control systems among others. Its operating segments are; Optics & Optronic Systems; and Defence Engineering. The maximum revenue for the company is derived from its Optics and Optronic Systems segment. Geographically, the firm generates a majority of its revenue from its customers within India and the rest from outside India through exports.
87GF Score

Get the complete analysis for NSE:PARAS

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

₹1,294.00
Price
₹834.58
GF Value