Aeron Composite (NSE:AERON) Days Payable: 123.08 (As of Mar. 2026) — 16% Above Median

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NSE:AERON Aeron Composite Ltd NSE:AERON
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What is Aeron Composite Days Payable?

Aeron Composite NSE:AERON +1.59% 40 Days Payable is 123.08 as of Mar. 2026, which is 16% above its 10-year median of 105.73. GuruFocus rates NSE:AERON with a GF Score™ of 40/100. The stock has 8 warning signs investors should review. Among 509 Conglomerates companies, Aeron Composite ranks better than 81.14% on this metric.

Aeron Composite's average Accounts Payable for the six months ended in Mar. 2026 was ₹412 Mil. Aeron Composite's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹611 Mil. Hence, Aeron Composite's Days Payable for the six months ended in Mar. 2026 was 123.08.

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

NSE:AERON' s Days Payable Range Over the Past 10 Years
Min: 65.12   Med: 105.73   Max: 137.19
Current: 121.29

During the past 6 years, Aeron Composite's highest Days Payable was 137.19. The lowest was 65.12. And the median was 105.73.

NSE:AERON's Days Payable is ranked better than
81.14% of 509 companies
in the Conglomerates industry
Industry Median: 56.04 vs NSE:AERON: 121.29

Aeron Composite's Days Payable declined from Mar. 2025 (154.39) to Mar. 2026 (123.08). It may suggest that Aeron Composite accelerated paying its suppliers.


Aeron Composite Days Payable Historical Data

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The historical data trend for Aeron Composite'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.

Aeron Composite Days Payable Chart

Aeron Composite Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 98.29 65.12 78.91 137.19 117.29

Aeron Composite Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only 79.28 132.42 154.39 123.46 123.08

NSE:AERON vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Aeron Composite'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.


Aeron Composite Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aeron Composite's Days Payable distribution charts can be found below:

* The bar in red indicates where Aeron Composite's Days Payable falls into.


NSE:AERON
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Aeron Composite Ltd NSE:AERON
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Aeron Composite 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.

Aeron Composite'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
=( (514.117 + 348.217) / 2 ) / 1341.823*365
=431.167 / 1341.823*365
=117.29

Aeron Composite'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
=( (475.306 + 348.217) / 2 ) / 610.534*365 / 2
=411.7615 / 610.534*365 / 2
=123.08

* 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 123.08 mean?
Aeron Composite (NSE:AERON) has a Days Payable of 123.08 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 Aeron Composite and its competitors. This is 16% above median its historical median of 105.73. Over the past decade, Aeron Composite's Days Payable has ranged from 65.12 to 137.19. According to the industry distribution chart, Aeron Composite ranks #96 out of 509 companies in the Conglomerates industry, placing it in the top 18.9%.
Is Aeron Composite's Days Payable too high?
Aeron Composite's current Days Payable of 123.08 is 16% above median its 10-year median of 105.73. Over the past 10 years, this metric has ranged from a low of 65.12 to a high of 137.19. The Conglomerates industry median Days Payable is 56.04. Aeron Composite's value of 123.08 is 119.6% above this industry median. Based on the distribution chart, Aeron Composite ranks #96 out of 509 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Aeron Composite has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Aeron Composite's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aeron Composite ranks #96 out of 509 companies for Days Payable. This places Aeron Composite in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 56.04. Aeron Composite's value of 123.08 is 119.6% above this benchmark. Historically, Aeron Composite's own Days Payable has ranged from 65.12 to 137.19 over the past decade. While the company's 10-year median is 105.73 vs. the industry median of 56.04, Aeron Composite 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 509 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. Aeron Composite's current Days Payable of 123.08 is 119.6% 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 Aeron Composite and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeron Composite's current Days Payable is 123.08, which is 16% above median its own 10-year median of 105.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeron Composite stock overvalued right now?
Aeron Composite (NSE:AERON) has a current Days Payable of 123.08. The current Days Payable is 123.08, which is 16% above median its 10-year median of 105.73 and 119.6% above the Conglomerates industry median of 56.04. Aeron Composite's overall GF Score™ is 40/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Aeron Composite (NSE:AERON), the current Days Payable is 123.08 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.

Aeron Composite Business Description

Address Sarkhej Bavla Highway, Saket Industrial Estate, Plot No. 30/31, Village Moraiya, Changodar, Moraiya, GJ, IND, 382213
Aeron Composite Ltd is engaged in the manufacturing and supply of ceramic refractories, FRP/GRP composites, ceramic tiles, waterjet and laser cutting machines, paints, and lime. It offers complete solutions, including conceptual design, prototype development, testing, manufacturing, logistic support, installation, and comprehensive after-sales service. The company's products are used in various markets and applications such as water and wastewater, metals and mining, oil and gas, pulp and paper, transportation, telecommunications, pharmaceuticals, and chemicals. Geographically, it serves both domestic and international markets, with the majority of its revenue derived from customers located outside India.
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