Astron Paper & Board Mill (NSE:ASTRON) Days Payable: 2,181.55 (As of Mar. 2026) — 3125% Above Median


NSE:ASTRON Astron Paper & Board Mill Ltd NSE:ASTRON
42 GF Score
Price ₹3.98
GF Value ₹0.29
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Astron Paper & Board Mill Days Payable?

Astron Paper & Board Mill NSE:ASTRON +0.76% 42 Days Payable is 2,181.55 as of Mar. 2026, which is 3125% above its 10-year median of 67.65. GuruFocus rates NSE:ASTRON with a GF Score™ of 42/100 and a GF Value™ of ₹0.29 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 275 Forest Products companies, Astron Paper & Board Mill ranks better than 99.27% on this metric.

Astron Paper & Board Mill's average Accounts Payable for the three months ended in Mar. 2026 was ₹348.43 Mil. Astron Paper & Board Mill's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹14.57 Mil. Hence, Astron Paper & Board Mill's Days Payable for the three months ended in Mar. 2026 was 2,181.55.

The historical rank and industry rank for Astron Paper & Board Mill's Days Payable or its related term are showing as below:

NSE:ASTRON' s Days Payable Range Over the Past 10 Years
Min: 43.42   Med: 67.65   Max: 6242.07
Current: 6242.07

During the past 13 years, Astron Paper & Board Mill's highest Days Payable was 6242.07. The lowest was 43.42. And the median was 67.65.

NSE:ASTRON's Days Payable is ranked better than
99.27% of 275 companies
in the Forest Products industry
Industry Median: 57.49 vs NSE:ASTRON: 6242.07

Astron Paper & Board Mill's Days Payable declined from Mar. 2025 (3,904.70) to Mar. 2026 (2,181.55). It may suggest that Astron Paper & Board Mill accelerated paying its suppliers.


Astron Paper & Board Mill Days Payable Historical Data

* Premium members only.

The historical data trend for Astron Paper & Board Mill'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.

Astron Paper & Board Mill Days Payable Chart

Astron Paper & Board Mill 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 58.27 64.61 77.66 194.58 5,871.88

Astron Paper & Board Mill 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 3,904.70 5,913.64 0.00 15,462.93 2,181.55

Astron Paper & Board Mill Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Astron Paper & Board Mill'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.


Astron Paper & Board Mill Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Astron Paper & Board Mill's Days Payable distribution charts can be found below:

* The bar in red indicates where Astron Paper & Board Mill's Days Payable falls into.


NSE:ASTRON
42GF Score
Astron Paper & Board Mill Ltd NSE:ASTRON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Astron Paper & Board Mill 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.

Astron Paper & Board Mill'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
=( (409.127 + 348.426) / 2 ) / 23.545*365
=378.7765 / 23.545*365
=5,871.88

Astron Paper & Board Mill'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 + 348.426) / 1 ) / 14.574*365 / 4
=348.426 / 14.574*365 / 4
=2,181.55

* 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 2,181.55 mean?
Astron Paper & Board Mill (NSE:ASTRON) has a Days Payable of 2,181.55 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 Astron Paper & Board Mill and its competitors. This is 3125% above median its historical median of 67.65. Over the past decade, Astron Paper & Board Mill's Days Payable has ranged from 43.42 to 6,242.07. According to the industry distribution chart, Astron Paper & Board Mill ranks #2 out of 275 companies in the Forest Products industry, placing it in the top 0.7%.
Is Astron Paper & Board Mill's Days Payable too high?
Astron Paper & Board Mill's current Days Payable of 2,181.55 is 3125% above median its 10-year median of 67.65. Over the past 10 years, this metric has ranged from a low of 43.42 to a high of 6,242.07. The Forest Products industry median Days Payable is 57.49. Astron Paper & Board Mill's value of 2,181.55 is 3694.7% above this industry median. Based on the distribution chart, Astron Paper & Board Mill ranks #2 out of 275 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Astron Paper & Board Mill has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astron Paper & Board Mill's Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Astron Paper & Board Mill ranks #2 out of 275 companies for Days Payable. This places Astron Paper & Board Mill in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.49. Astron Paper & Board Mill's value of 2,181.55 is 3694.7% above this benchmark. Historically, Astron Paper & Board Mill's own Days Payable has ranged from 43.42 to 6,242.07 over the past decade. While the company's 10-year median is 67.65 vs. the industry median of 57.49, Astron Paper & Board Mill 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.49, based on 275 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. Astron Paper & Board Mill's current Days Payable of 2,181.55 is 3694.7% 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 Astron Paper & Board Mill and its competitors. For the Forest Products industry, the median Days Payable is 57.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astron Paper & Board Mill's current Days Payable is 2,181.55, which is 3125% above median its own 10-year median of 67.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Paper & Board Mill stock overvalued right now?
Based on GuruFocus' analysis, Astron Paper & Board Mill (NSE:ASTRON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.29, compared to a current price of ₹3.98 — trading 1272.4% above its estimated fair value. The current Days Payable is 2,181.55, which is 3125% above median its 10-year median of 67.65 and 3694.7% above the Forest Products industry median of 57.49. Astron Paper & Board Mill's overall GF Score™ is 42/100 with 7 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 Astron Paper & Board Mill (NSE:ASTRON), the current Days Payable is 2,181.55 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 Astron Paper & Board Mill (NSE:ASTRON) Overvalued in 2026?

Based on GuruFocus' analysis, Astron Paper & Board Mill stock appears to be overvalued. The current stock price of ₹3.98 is trading 1272.4% above its estimated GF Value™ of ₹0.29. GuruFocus considers Astron Paper & Board Mill to be Significantly Overvalued.

Key valuation signals for NSE:ASTRON:

  • Days Payable: 2,181.55 (3125% above median its 10-year median of 67.65)
  • GF Value™: ₹0.29 vs. price of ₹3.98 (1272.4% above fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 3694.7% above the Forest Products median (#2 of 275)

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


Astron Paper & Board Mill Business Description

Other Exchanges 540824:India
Address S G Highway, Ganesh Meridian, D-702, 7th Floor, Opposite High Court, Ahmedabad, GJ, IND, 380060
Astron Paper & Board Mill Ltd is a prominent Indian company specializing in the manufacturing of recycled corrugated paper and Kraft paper derived from waste paper. The company mainly focuses on producing a wide range of Kraft papers that serve various packaging needs. Its product portfolio includes varied products like VTL, High RCT, Kraft Liner, Test Liner, and Corrugated Medium Paper, ranging mainly from 80 GSM to 350 GSM and 16 to 40 BF. The company's dominant source of income is from the sale of Kraft paper.
42GF Score

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

₹3.98
Price
₹0.29
GF Value