* 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.
Paras Defence And Space Technologies Days Payable Chart
NSE:PARAS vs SPCX, GE, RTX: Days Payable Comparison
For the Aerospace & Defense subindustry, Paras Defence And Space Technologies'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.
Paras Defence And Space Technologies Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Paras Defence And Space Technologies's Days Payable distribution charts can be found below:
* The bar in red indicates where Paras Defence And Space Technologies's Days Payable falls into.
Paras Defence And Space Technologies 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.
* 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.
Paras Defence And Space Technologies (NSE:PARAS) has a Days Payable of 57.87 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 Paras Defence And Space Technologies and its competitors. This is 45% below median its historical median of 106.04. Over the past decade, Paras Defence And Space Technologies' Days Payable has ranged from 55.89 to 212.71. According to the industry distribution chart, Paras Defence And Space Technologies ranks #124 out of 338 companies in the Aerospace & Defense industry, placing it in the top 36.7%.
Is Paras Defence And Space Technologies' Days Payable too high?
Paras Defence And Space Technologies' current Days Payable of 57.87 is 45% below median its 10-year median of 106.04. Over the past 10 years, this metric has ranged from a low of 55.89 to a high of 212.71. The Aerospace & Defense industry median Days Payable is 64.88. Paras Defence And Space Technologies' value of 57.87 is 10.8% below this industry median. Based on the distribution chart, Paras Defence And Space Technologies ranks #124 out of 338 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Paras Defence And Space Technologies has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paras Defence And Space Technologies' Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Paras Defence And Space Technologies ranks #124 out of 338 companies for Days Payable. This puts Paras Defence And Space Technologies in the upper half of its industry. The industry median Days Payable is 64.88. Paras Defence And Space Technologies' value of 57.87 is 10.8% below this benchmark. Historically, Paras Defence And Space Technologies' own Days Payable has ranged from 55.89 to 212.71 over the past decade. While the company's 10-year median is 106.04 vs. the industry median of 64.88, Paras Defence And Space Technologies 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.88, based on 338 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. Paras Defence And Space Technologies's current Days Payable of 57.87 is 10.8% 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 Paras Defence And Space Technologies and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paras Defence And Space Technologies's current Days Payable is 57.87, which is 45% below median its own 10-year median of 106.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paras Defence And Space Technologies stock overvalued right now?
Based on GuruFocus' analysis, Paras Defence And Space Technologies (NSE:PARAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹832.49, compared to a current price of ₹1,289.05 — trading 54.8% above its estimated fair value. The current Days Payable is 57.87, which is 45% below median its 10-year median of 106.04 and 10.8% below the Aerospace & Defense industry median of 64.88. Paras Defence And Space Technologies' overall GF Score™ is 84/100 with 4 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 Paras Defence And Space Technologies (NSE:PARAS), the current Days Payable is 57.87 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 Paras Defence And Space Technologies (NSE:PARAS) Overvalued in 2026?
Based on GuruFocus' analysis, Paras Defence And Space Technologies stock appears to be overvalued.
The current stock price of ₹1,289.05 is trading 54.8% above its estimated GF Value™ of ₹832.49.
GuruFocus considers Paras Defence And Space Technologies to be Significantly Overvalued.
Key valuation signals for NSE:PARAS:
Days Payable: 57.87 (45% below median its 10-year median of 106.04)
GF Value™: ₹832.49 vs. price of ₹1,289.05 (54.8% above fair value)
Industry Position: 10.8% below the Aerospace & Defense median (#124 of 338)
No single metric tells the full story. See the NSE:PARAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paras Defence And Space Technologies Business Description
Paras Defence And Space Technologies Ltd is engaged in the designing, developing, manufacturing, and testing of various defense and space engineering products and solutions. The company's product portfolio includes lens barrels, rugged networking and communication equipment, multifold lenses, metal mirrors, submarine winches, and mill grade control systems among others. Its operating segments are; Optics & Optronic Systems; and Defence Engineering. The maximum revenue for the company is derived from its Optics and Optronic Systems segment. Geographically, the firm generates a majority of its revenue from its customers within India and the rest from outside India through exports.
84GF Score
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