Paragon Fine and Speciality Chemical (NSE:PARAGON) Days Payable: 29.15 (As of Mar. 2026) — 59% Below Median

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NSE:PARAGON Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
56 GF Score
Price ₹48.60
GF Value ₹109.84
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Paragon Fine and Speciality Chemical Days Payable?

Paragon Fine and Speciality Chemical NSE:PARAGON -2.61% 56 Days Payable is 29.15 as of Mar. 2026, which is 59% below its 10-year median of 71.20. GuruFocus rates NSE:PARAGON with a GF Score™ of 56/100 and a GF Value™ of ₹109.84 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,556 Chemicals companies, Paragon Fine and Speciality Chemical ranks worse than 69.54% on this metric.

Paragon Fine and Speciality Chemical's average Accounts Payable for the six months ended in Mar. 2026 was ₹76 Mil. Paragon Fine and Speciality Chemical's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹477 Mil. Hence, Paragon Fine and Speciality Chemical's Days Payable for the six months ended in Mar. 2026 was 29.15.

The historical rank and industry rank for Paragon Fine and Speciality Chemical's Days Payable or its related term are showing as below:

NSE:PARAGON' s Days Payable Range Over the Past 10 Years
Min: 39.1   Med: 71.2   Max: 98.18
Current: 40.08

During the past 6 years, Paragon Fine and Speciality Chemical's highest Days Payable was 98.18. The lowest was 39.10. And the median was 71.20.

NSE:PARAGON's Days Payable is ranked worse than
69.54% of 1556 companies
in the Chemicals industry
Industry Median: 60.12 vs NSE:PARAGON: 40.08

Paragon Fine and Speciality Chemical's Days Payable declined from Mar. 2025 (38.19) to Mar. 2026 (29.15). It may suggest that Paragon Fine and Speciality Chemical accelerated paying its suppliers.


Paragon Fine and Speciality Chemical Days Payable Related Terms


Paragon Fine and Speciality Chemical Days Payable Historical Data

* Premium members only.

The historical data trend for Paragon Fine and Speciality Chemical'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.

Paragon Fine and Speciality Chemical Days Payable Chart

Paragon Fine and Speciality Chemical Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 98.18 85.60 59.48 48.12 39.10

Paragon Fine and Speciality Chemical Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 60.18 38.19 59.98 29.15

NSE:PARAGON vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Paragon Fine and Speciality Chemical'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.


Paragon Fine and Speciality Chemical Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Paragon Fine and Speciality Chemical's Days Payable distribution charts can be found below:

* The bar in red indicates where Paragon Fine and Speciality Chemical's Days Payable falls into.


NSE:PARAGON
56GF Score
Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Paragon Fine and Speciality Chemical 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.

Paragon Fine and Speciality Chemical'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
=( (97.114 + 65.042) / 2 ) / 756.885*365
=81.078 / 756.885*365
=39.10

Paragon Fine and Speciality Chemical'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
=( (87.172 + 65.042) / 2 ) / 476.509*365 / 2
=76.107 / 476.509*365 / 2
=29.15

* 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 29.15 mean?
Paragon Fine and Speciality Chemical (NSE:PARAGON) has a Days Payable of 29.15 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 Paragon Fine and Speciality Chemical and its competitors. This is 59% below median its historical median of 71.20. Over the past decade, Paragon Fine and Speciality Chemical's Days Payable has ranged from 39.10 to 98.18. According to the industry distribution chart, Paragon Fine and Speciality Chemical ranks #1082 out of 1556 companies in the Chemicals industry, placing it in the top 69.5%.
Is Paragon Fine and Speciality Chemical's Days Payable too high?
Paragon Fine and Speciality Chemical's current Days Payable of 29.15 is 59% below median its 10-year median of 71.20. Over the past 10 years, this metric has ranged from a low of 39.10 to a high of 98.18. The Chemicals industry median Days Payable is 60.12. Paragon Fine and Speciality Chemical's value of 29.15 is 51.5% below this industry median. Based on the distribution chart, Paragon Fine and Speciality Chemical ranks #1082 out of 1556 companies in the Chemicals industry, which is below the industry midpoint. Overall, Paragon Fine and Speciality Chemical has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paragon Fine and Speciality Chemical's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Paragon Fine and Speciality Chemical ranks #1082 out of 1556 companies for Days Payable. This places Paragon Fine and Speciality Chemical in the lower half of its industry. The industry median Days Payable is 60.12. Paragon Fine and Speciality Chemical's value of 29.15 is 51.5% below this benchmark. Historically, Paragon Fine and Speciality Chemical's own Days Payable has ranged from 39.10 to 98.18 over the past decade. While the company's 10-year median is 71.20 vs. the industry median of 60.12, Paragon Fine and Speciality Chemical 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 Chemicals company?
The median Days Payable among Chemicals companies is 60.12, based on 1,556 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. Paragon Fine and Speciality Chemical's current Days Payable of 29.15 is 51.5% 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 Paragon Fine and Speciality Chemical and its competitors. For the Chemicals industry, the median Days Payable is 60.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Fine and Speciality Chemical's current Days Payable is 29.15, which is 59% below median its own 10-year median of 71.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Fine and Speciality Chemical stock overvalued right now?
Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical (NSE:PARAGON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹109.84, compared to a current price of ₹48.60 — trading 55.8% below its estimated fair value. The current Days Payable is 29.15, which is 59% below median its 10-year median of 71.20 and 51.5% below the Chemicals industry median of 60.12. Paragon Fine and Speciality Chemical's overall GF Score™ is 56/100 with 5 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 Paragon Fine and Speciality Chemical (NSE:PARAGON), the current Days Payable is 29.15 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 Paragon Fine and Speciality Chemical (NSE:PARAGON) Overvalued in 2026?

Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical stock appears to be undervalued. The current stock price of ₹48.60 is trading 55.8% below its estimated GF Value™ of ₹109.84. GuruFocus considers Paragon Fine and Speciality Chemical to be Significantly Undervalued.

Key valuation signals for NSE:PARAGON:

  • Days Payable: 29.15 (59% below median its 10-year median of 71.20)
  • GF Value™: ₹109.84 vs. price of ₹48.60 (55.8% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 51.5% below the Chemicals median (#1082 of 1556)

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


Paragon Fine and Speciality Chemical Business Description

Address S.G. Highway, 1001/1, Parshwa Tower, Near Pakvan Hotel, Bodakdev, Ahmedabad, GJ, IND, 380054
Paragon Fine and Speciality Chemical Ltd is engaged in the business of custom synthesis and manufacturing of specialty chemical intermediates involving complex and differentiated chemistry. Its diverse types of products find applications across various industries, including pharma, agrochemicals, cosmetics, pigments and dyes.
56GF Score

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

₹48.60
Price
₹109.84
GF Value