Parmeshwar Metal (BOM:544330) Days Payable: 1.02 (As of Mar. 2026) — 16% Below Median

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BOM:544330 Parmeshwar Metal Ltd BOM:544330
44 GF Score
Price ₹194.95
! 4 Warning Signs
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What is Parmeshwar Metal Days Payable?

Parmeshwar Metal BOM:544330 +2.61% 44 Days Payable is 1.02 as of Mar. 2026, which is 16% below its 10-year median of 1.22. GuruFocus rates BOM:544330 with a GF Score™ of 44/100. The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Parmeshwar Metal ranks worse than 99.83% on this metric.

Parmeshwar Metal's average Accounts Payable for the six months ended in Mar. 2026 was ₹60 Mil. Parmeshwar Metal's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹10,809 Mil. Hence, Parmeshwar Metal's Days Payable for the six months ended in Mar. 2026 was 1.02.

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

BOM:544330' s Days Payable Range Over the Past 10 Years
Min: 0.85   Med: 1.22   Max: 2.23
Current: 0.93

During the past 6 years, Parmeshwar Metal's highest Days Payable was 2.23. The lowest was 0.85. And the median was 1.22.

BOM:544330's Days Payable is ranked worse than
99.83% of 2993 companies
in the Industrial Products industry
Industry Median: 77.78 vs BOM:544330: 0.93

Parmeshwar Metal's Days Payable increased from Mar. 2025 (0.63) to Mar. 2026 (1.02). It may suggest that Parmeshwar Metal delayed paying its suppliers.


Parmeshwar Metal Days Payable Historical Data

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The historical data trend for Parmeshwar Metal'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.

Parmeshwar Metal Days Payable Chart

Parmeshwar Metal Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 0.93 0.85 1.73 1.31 1.13

Parmeshwar Metal Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 2.11 0.63 0.59 1.02

BOM:544330 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Parmeshwar Metal'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.


Parmeshwar Metal Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parmeshwar Metal's Days Payable distribution charts can be found below:

* The bar in red indicates where Parmeshwar Metal's Days Payable falls into.


BOM:544330
44GF Score
Parmeshwar Metal Ltd BOM:544330
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Parmeshwar Metal 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.

Parmeshwar Metal'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
=( (25.076 + 93.075) / 2 ) / 19011.671*365
=59.0755 / 19011.671*365
=1.13

Parmeshwar Metal'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (27.597 + 93.075) / 2 ) / 10808.776*365 / 2
=60.336 / 10808.776*365 / 2
=1.02

* 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 1.02 mean?
Parmeshwar Metal (BOM:544330) has a Days Payable of 1.02 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 Parmeshwar Metal and its competitors. This is 16% below median its historical median of 1.22. Over the past decade, Parmeshwar Metal's Days Payable has ranged from 0.85 to 2.23. According to the industry distribution chart, Parmeshwar Metal ranks #2988 out of 2993 companies in the Industrial Products industry, placing it in the top 99.8%.
Is Parmeshwar Metal's Days Payable too high?
Parmeshwar Metal's current Days Payable of 1.02 is 16% below median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.23. The Industrial Products industry median Days Payable is 77.78. Parmeshwar Metal's value of 1.02 is 98.7% below this industry median. Based on the distribution chart, Parmeshwar Metal ranks #2988 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Parmeshwar Metal has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Parmeshwar Metal's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Parmeshwar Metal ranks #2988 out of 2993 companies for Days Payable. This places Parmeshwar Metal in the lower half of its industry. The industry median Days Payable is 77.78. Parmeshwar Metal's value of 1.02 is 98.7% below this benchmark. Historically, Parmeshwar Metal's own Days Payable has ranged from 0.85 to 2.23 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 77.78, Parmeshwar Metal 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.78, based on 2,993 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. Parmeshwar Metal's current Days Payable of 1.02 is 98.7% 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 Parmeshwar Metal and its competitors. For the Industrial Products industry, the median Days Payable is 77.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parmeshwar Metal's current Days Payable is 1.02, which is 16% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parmeshwar Metal stock overvalued right now?
Parmeshwar Metal (BOM:544330) has a current Days Payable of 1.02. The current Days Payable is 1.02, which is 16% below median its 10-year median of 1.22 and 98.7% below the Industrial Products industry median of 77.78. Parmeshwar Metal's overall GF Score™ is 44/100 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 Parmeshwar Metal (BOM:544330), the current Days Payable is 1.02 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.

Parmeshwar Metal Business Description

Address E425, east, 4th Floor, Siddharaj Z Square, Opposite the Landmark, Kudasan, Gandhinagar, GJ, IND, 382421
Parmeshwar Metal Ltd is engaged in the business of manufacturing copper wire and copper wire rods by recycling copper scrap. The company manufactures copper wire and copper wire rods that include power cables, building wires, transformers, and automotive industry, household cables, as well as bare and enameled wires. The Company at present is engaged in one segment, which is the manufacturing and trading of copper wire and copper wire rods by recycling of copper scrap and various types of metals, other metallic substances, and other related products.
44GF Score

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

₹194.95
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