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Armour Security (India)NSE:ARMOUR +3.60%17 Days Payable is 1.98 as of Sep. 2025, which is 94% below its 10-year median of 35.13. GuruFocus rates NSE:ARMOUR with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 945 Business Services companies, Armour Security (India) ranks worse than 94.39% on this metric.
* 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.
Armour Security (India) Days Payable Chart
Armour Security (India) Annual Data
Trend
Mar23
Mar24
Mar25
Days Payable
65.75
35.13
6.42
Armour Security (India) Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Days Payable
0.00
0.00
0.00
1.98
NSE:ARMOUR vs ALLE, MSA, ADT: Days Payable Comparison
For the Security & Protection Services subindustry, Armour Security (India)'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.
Armour Security (India) Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Armour Security (India)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Armour Security (India)'s Days Payable falls into.
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.
Armour Security (India)'s Days Payable for the fiscal year that ended in Mar. 2025 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.
Armour Security (India) (NSE:ARMOUR) has a Days Payable of 1.98 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Armour Security (India) and its competitors. This is 94% below median its historical median of 35.13. Over the past decade, Armour Security (India)'s Days Payable has ranged from 3.97 to 65.75. According to the industry distribution chart, Armour Security (India) ranks #892 out of 945 companies in the Business Services industry, placing it in the top 94.4%.
Is Armour Security (India)'s Days Payable too high?
Armour Security (India)'s current Days Payable of 1.98 is 94% below median its 10-year median of 35.13. Over the past 10 years, this metric has ranged from a low of 3.97 to a high of 65.75. The Business Services industry median Days Payable is 45.76. Armour Security (India)'s value of 1.98 is 95.7% below this industry median. Based on the distribution chart, Armour Security (India) ranks #892 out of 945 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Armour Security (India) has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Armour Security (India)'s Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Armour Security (India) ranks #892 out of 945 companies for Days Payable. This places Armour Security (India) in the lower half of its industry. The industry median Days Payable is 45.76. Armour Security (India)'s value of 1.98 is 95.7% below this benchmark. Historically, Armour Security (India)'s own Days Payable has ranged from 3.97 to 65.75 over the past decade. While the company's 10-year median is 35.13 vs. the industry median of 45.76, Armour Security (India) 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 a Business Services company?
The median Days Payable among Business Services companies is 45.76, based on 945 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. Armour Security (India)'s current Days Payable of 1.98 is 95.7% 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 Armour Security (India) and its competitors. For the Business Services industry, the median Days Payable is 45.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armour Security (India)'s current Days Payable is 1.98, which is 94% below median its own 10-year median of 35.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armour Security (India) stock overvalued right now?
Armour Security (India) (NSE:ARMOUR) has a current Days Payable of 1.98. The current Days Payable is 1.98, which is 94% below median its 10-year median of 35.13 and 95.7% below the Business Services industry median of 45.76. Armour Security (India)'s overall GF Score™ is 17/100 with 2 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 Armour Security (India) (NSE:ARMOUR), the current Days Payable is 1.98 as of Sep. 2025. 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.
Armour Security (India) Ltd is engaged in providing comprehensive and customised Security services, Facility Management services, and Recruitment and Staffing solutions across India. It also specializes in providing ancillary services like event support and branding content creation. The company's consultancy services include Transition and Deputation Process Service, Mechanical Clean Service, House Keeping Service, Fire Fighting Service, Supervision Service and Reviews of the Service. Additionally, it offers consulting and advisory services and provides self-service technologies. The company derives the majority of revenue from the provision of Security and other Manpower Services.
17GF Score
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