Aaron Industries (NSE:AARON) Days Payable: 38.73 (As of Mar. 2026) — 24% Above Median

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NSE:AARON Aaron Industries Ltd NSE:AARON
85 GF Score
Price ₹117.27
GF Value ₹208.45
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Aaron Industries Days Payable?

Aaron Industries NSE:AARON +0.68% 85 Days Payable is 38.73 as of Mar. 2026, which is 24% above its 10-year median of 31.27. GuruFocus rates NSE:AARON with a GF Score™ of 85/100 and a GF Value™ of ₹208.45 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,991 Industrial Products companies, Aaron Industries ranks worse than 84.05% on this metric.

Aaron Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹76.7 Mil. Aaron Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹180.7 Mil. Hence, Aaron Industries's Days Payable for the three months ended in Mar. 2026 was 38.73.

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

NSE:AARON' s Days Payable Range Over the Past 10 Years
Min: 20.59   Med: 31.27   Max: 72.43
Current: 33.73

During the past 13 years, Aaron Industries's highest Days Payable was 72.43. The lowest was 20.59. And the median was 31.27.

NSE:AARON's Days Payable is ranked worse than
84.05% of 2991 companies
in the Industrial Products industry
Industry Median: 78.05 vs NSE:AARON: 33.73

Aaron Industries's Days Payable increased from Mar. 2025 (17.63) to Mar. 2026 (38.73). It may suggest that Aaron Industries delayed paying its suppliers.


Aaron Industries Days Payable Historical Data

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The historical data trend for Aaron Industries'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.

Aaron Industries Days Payable Chart

Aaron Industries 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 22.38 29.08 28.44 20.59 33.46

Aaron Industries 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 17.63 22.93 36.15 34.70 38.73

NSE:AARON vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Aaron Industries'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.


Aaron Industries Days Payable vs Industrial Products Industry

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

* The bar in red indicates where Aaron Industries's Days Payable falls into.


NSE:AARON
85GF Score
Aaron Industries Ltd NSE:AARON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aaron Industries 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.

Aaron Industries'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
=( (30.353 + 76.691) / 2 ) / 583.873*365
=53.522 / 583.873*365
=33.46

Aaron Industries'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 + 76.691) / 1 ) / 180.67*365 / 4
=76.691 / 180.67*365 / 4
=38.73

* 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 38.73 mean?
Aaron Industries (NSE:AARON) has a Days Payable of 38.73 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 Aaron Industries and its competitors. This is 24% above median its historical median of 31.27. Over the past decade, Aaron Industries' Days Payable has ranged from 20.59 to 72.43. According to the industry distribution chart, Aaron Industries ranks #2514 out of 2991 companies in the Industrial Products industry, placing it in the top 84.1%.
Is Aaron Industries' Days Payable too high?
Aaron Industries' current Days Payable of 38.73 is 24% above median its 10-year median of 31.27. Over the past 10 years, this metric has ranged from a low of 20.59 to a high of 72.43. The Industrial Products industry median Days Payable is 78.05. Aaron Industries' value of 38.73 is 50.4% below this industry median. Based on the distribution chart, Aaron Industries ranks #2514 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Aaron Industries has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aaron Industries' Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Aaron Industries ranks #2514 out of 2991 companies for Days Payable. This places Aaron Industries in the lower half of its industry. The industry median Days Payable is 78.05. Aaron Industries' value of 38.73 is 50.4% below this benchmark. Historically, Aaron Industries' own Days Payable has ranged from 20.59 to 72.43 over the past decade. While the company's 10-year median is 31.27 vs. the industry median of 78.05, Aaron Industries 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 78.05, based on 2,991 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. Aaron Industries's current Days Payable of 38.73 is 50.4% 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 Aaron Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aaron Industries's current Days Payable is 38.73, which is 24% above median its own 10-year median of 31.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aaron Industries stock overvalued right now?
Based on GuruFocus' analysis, Aaron Industries (NSE:AARON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹208.45, compared to a current price of ₹117.27 — trading 43.7% below its estimated fair value. The current Days Payable is 38.73, which is 24% above median its 10-year median of 31.27 and 50.4% below the Industrial Products industry median of 78.05. Aaron Industries' overall GF Score™ is 85/100 with 1 warning sign 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 Aaron Industries (NSE:AARON), the current Days Payable is 38.73 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 Aaron Industries (NSE:AARON) Overvalued in 2026?

Based on GuruFocus' analysis, Aaron Industries stock appears to be undervalued. The current stock price of ₹117.27 is trading 43.7% below its estimated GF Value™ of ₹208.45. GuruFocus considers Aaron Industries to be Significantly Undervalued.

Key valuation signals for NSE:AARON:

  • Days Payable: 38.73 (24% above median its 10-year median of 31.27)
  • GF Value™: ₹208.45 vs. price of ₹117.27 (43.7% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 50.4% below the Industrial Products median (#2514 of 2991)

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


Aaron Industries Business Description

Address B-65 and 66, Jawahar Road No. 4, Udhyog Nagar, Udhana GIDC, Plot B, Udhna, Surat, GJ, IND, 394210
Aaron Industries Ltd is an India-based company engaged in the manufacturing and trading of elevator and elevator parts and Steel Polishing. The company's reportable segment includes the Elevator division and the Steel Polishing division. It generates maximum revenue from the Elevator division segment. The company's products include an autodoor system, elevator cabinets, door operators, swing doors, manual doors, and gearless machines.
85GF Score

Get the complete analysis for NSE:AARON

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

₹117.27
Price
₹208.45
GF Value