Parin Enterprises (NSE:PARIN) Days Payable: 24.95 (As of Mar. 2026) — 70% Below Median


NSE:PARIN Parin Enterprises Ltd NSE:PARIN
84 GF Score
Price ₹715.25
GF Value ₹641.73
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Parin Enterprises Days Payable?

Parin Enterprises NSE:PARIN +4.08% 84 Days Payable is 24.95 as of Mar. 2026, which is 70% below its 10-year median of 84.21. GuruFocus rates NSE:PARIN with a GF Score™ of 84/100 and a GF Value™ of ₹641.73 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Parin Enterprises ranks worse than 85.3% on this metric.

Parin Enterprises's average Accounts Payable for the six months ended in Mar. 2026 was ₹151 Mil. Parin Enterprises's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,101 Mil. Hence, Parin Enterprises's Days Payable for the six months ended in Mar. 2026 was 24.95.

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

NSE:PARIN' s Days Payable Range Over the Past 10 Years
Min: 30.52   Med: 84.21   Max: 196.97
Current: 30.52

During the past 13 years, Parin Enterprises's highest Days Payable was 196.97. The lowest was 30.52. And the median was 84.21.

NSE:PARIN's Days Payable is ranked worse than
85.3% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.86 vs NSE:PARIN: 30.52

Parin Enterprises's Days Payable declined from Mar. 2025 (39.08) to Mar. 2026 (24.95). It may suggest that Parin Enterprises accelerated paying its suppliers.


Parin Enterprises Days Payable Historical Data

* Premium members only.

The historical data trend for Parin Enterprises'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.

Parin Enterprises Days Payable Chart

Parin Enterprises 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 115.54 193.99 196.97 56.45 32.71

Parin Enterprises Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 183.57 166.59 39.08 35.25 24.95

NSE:PARIN vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, Parin Enterprises'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.


Parin Enterprises Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Parin Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Parin Enterprises's Days Payable falls into.


NSE:PARIN
84GF Score
Parin Enterprises Ltd NSE:PARIN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Parin Enterprises 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.

Parin Enterprises'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
=( (187.964 + 161.425) / 2 ) / 1949.501*365
=174.6945 / 1949.501*365
=32.71

Parin Enterprises'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
=( (139.692 + 161.425) / 2 ) / 1101.321*365 / 2
=150.5585 / 1101.321*365 / 2
=24.95

* 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 24.95 mean?
Parin Enterprises (NSE:PARIN) has a Days Payable of 24.95 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 Parin Enterprises and its competitors. This is 70% below median its historical median of 84.21. Over the past decade, Parin Enterprises' Days Payable has ranged from 30.52 to 196.97. According to the industry distribution chart, Parin Enterprises ranks #354 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 85.3%.
Is Parin Enterprises' Days Payable too high?
Parin Enterprises' current Days Payable of 24.95 is 70% below median its 10-year median of 84.21. Over the past 10 years, this metric has ranged from a low of 30.52 to a high of 196.97. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.86. Parin Enterprises' value of 24.95 is 60.9% below this industry median. Based on the distribution chart, Parin Enterprises ranks #354 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Parin Enterprises has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parin Enterprises' Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Parin Enterprises ranks #354 out of 415 companies for Days Payable. This places Parin Enterprises in the lower half of its industry. The industry median Days Payable is 63.86. Parin Enterprises' value of 24.95 is 60.9% below this benchmark. Historically, Parin Enterprises' own Days Payable has ranged from 30.52 to 196.97 over the past decade. While the company's 10-year median is 84.21 vs. the industry median of 63.86, Parin Enterprises 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.86, based on 415 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. Parin Enterprises's current Days Payable of 24.95 is 60.9% 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 Parin Enterprises and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parin Enterprises's current Days Payable is 24.95, which is 70% below median its own 10-year median of 84.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parin Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Parin Enterprises (NSE:PARIN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹641.73, compared to a current price of ₹715.25 — trading 11.5% above its estimated fair value. The current Days Payable is 24.95, which is 70% below median its 10-year median of 84.21 and 60.9% below the Furnishings, Fixtures & Appliances industry median of 63.86. Parin Enterprises' overall GF Score™ is 84/100 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 Parin Enterprises (NSE:PARIN), the current Days Payable is 24.95 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 Parin Enterprises (NSE:PARIN) Overvalued in 2026?

Based on GuruFocus' analysis, Parin Enterprises stock appears to be overvalued. The current stock price of ₹715.25 is trading 11.5% above its estimated GF Value™ of ₹641.73. GuruFocus considers Parin Enterprises to be Modestly Overvalued.

Key valuation signals for NSE:PARIN:

  • Days Payable: 24.95 (70% below median its 10-year median of 84.21)
  • GF Value™: ₹641.73 vs. price of ₹715.25 (11.5% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 60.9% below the Furnishings, Fixtures & Appliances median (#354 of 415)

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


Parin Enterprises Business Description

Address Taluka Gondal , National Highway 8B, Plot No. 1, 2 & 3, Revenue Survey No. 33, Billayala village, Rajkot, GJ, IND, 360311
Parin Enterprises Ltd formerly, Parin Furniture Ltd is engaged in manufacturing furniture, fixtures & related items. The company offers home furniture, office furniture, hospital furniture, educational furniture, and Institutional furniture. It generates its revenue from the sale of furniture products and interest income. The company is based in Rajkot with its presence at Rajkot, Ahmedabad, Surat, Mumbai, Kolkata, Junagadh, Mehsana, Kodinar, and Bhubaneshwar. It is spread across a wide area and includes different units such as procurement, designing, quality control, warehousing & packaging, etc.
84GF Score

Get the complete analysis for NSE:PARIN

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

₹715.25
Price
₹641.73
GF Value