Paramount Speciality Forgings (NSE:PSFL) Days Payable: 132.40 (As of Mar. 2025) — Near Median


NSE:PSFL Paramount Speciality Forgings Ltd NSE:PSFL
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What is Paramount Speciality Forgings Days Payable?

Paramount Speciality Forgings NSE:PSFL +4.23% 13 Days Payable is 132.40 as of Mar. 2025, which is at its 10-year median of 132.40. GuruFocus rates NSE:PSFL with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 2,987 Industrial Products companies, Paramount Speciality Forgings ranks better than 71.68% on this metric.

Paramount Speciality Forgings's average Accounts Payable for the six months ended in Mar. 2025 was ₹292.4 Mil. Paramount Speciality Forgings's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹806.1 Mil. Hence, Paramount Speciality Forgings's Days Payable for the six months ended in Mar. 2025 was 66.20.

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

NSE:PSFL' s Days Payable Range Over the Past 10 Years
Min: 80.15   Med: 132.4   Max: 148.72
Current: 132.4

During the past 5 years, Paramount Speciality Forgings's highest Days Payable was 148.72. The lowest was 80.15. And the median was 132.40.

NSE:PSFL's Days Payable is ranked better than
71.68% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs NSE:PSFL: 132.40

Paramount Speciality Forgings's Days Payable increased from Mar. 2023 (103.30) to Mar. 2025 (132.40). It may suggest that Paramount Speciality Forgings delayed paying its suppliers.


Paramount Speciality Forgings Days Payable Historical Data

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The historical data trend for Paramount Speciality Forgings'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.

Paramount Speciality Forgings Days Payable Chart

Paramount Speciality Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
142.69 80.15 103.30 148.72 132.40

Paramount Speciality Forgings Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable 142.69 80.15 103.30 148.72 132.40

NSE:PSFL vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Paramount Speciality Forgings'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.


Paramount Speciality Forgings Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Paramount Speciality Forgings's Days Payable distribution charts can be found below:

* The bar in red indicates where Paramount Speciality Forgings's Days Payable falls into.


NSE:PSFL
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Paramount Speciality Forgings Ltd NSE:PSFL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Paramount Speciality Forgings 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.

Paramount Speciality Forgings's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (276.005 + 308.817) / 2 ) / 806.137*365
=292.411 / 806.137*365
=132.40

Paramount Speciality Forgings's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (276.005 + 308.817) / 2 ) / 806.137*365 / 2
=292.411 / 806.137*365 / 2
=66.20

* 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 132.40 mean?
Paramount Speciality Forgings (NSE:PSFL) has a Days Payable of 132.40 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Paramount Speciality Forgings and its competitors. This is near median its historical median of 132.40. Over the past decade, Paramount Speciality Forgings' Days Payable has ranged from 80.15 to 148.72. According to the industry distribution chart, Paramount Speciality Forgings ranks #846 out of 2987 companies in the Industrial Products industry, placing it in the top 28.3%.
Is Paramount Speciality Forgings' Days Payable too high?
Paramount Speciality Forgings' current Days Payable of 132.40 is near median its 10-year median of 132.40. Over the past 10 years, this metric has ranged from a low of 80.15 to a high of 148.72. The Industrial Products industry median Days Payable is 78.05. Paramount Speciality Forgings' value of 132.40 is 69.6% above this industry median. Based on the distribution chart, Paramount Speciality Forgings ranks #846 out of 2987 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Paramount Speciality Forgings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Paramount Speciality Forgings' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Paramount Speciality Forgings ranks #846 out of 2987 companies for Days Payable. This puts Paramount Speciality Forgings in the upper half of its industry. The industry median Days Payable is 78.05. Paramount Speciality Forgings' value of 132.40 is 69.6% above this benchmark. Historically, Paramount Speciality Forgings' own Days Payable has ranged from 80.15 to 148.72 over the past decade. While the company's 10-year median is 132.40 vs. the industry median of 78.05, Paramount Speciality Forgings 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Paramount Speciality Forgings's current Days Payable of 132.40 is 69.6% 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 Paramount Speciality Forgings and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paramount Speciality Forgings's current Days Payable is 132.40, which is near median its own 10-year median of 132.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paramount Speciality Forgings stock overvalued right now?
Paramount Speciality Forgings (NSE:PSFL) has a current Days Payable of 132.40. The current Days Payable is 132.40, which is near median its 10-year median of 132.40 and 69.6% above the Industrial Products industry median of 78.05. Paramount Speciality Forgings' overall GF Score™ is 13/100 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 Paramount Speciality Forgings (NSE:PSFL), the current Days Payable is 132.40 as of Mar. 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.

Paramount Speciality Forgings Business Description

Address Dr. Mascarenhas Road, 3/1, Guru Himmat Building, Anjirwadi, Mazgaon, Mumbai, MH, IND, 400010
Paramount Speciality Forgings Ltd is engaged in manufacturing steel forgings in India. It manufactures and provides forged components ranging in weight from one kilogram to four metric tons in rough or finish-machined condition. Its products are used in industries such as Petrochemicals, Chemicals, Fertilizers, Oil and Gas, Nuclear Power, and other heavy engineering sectors. The company only operates in the sale of carbon steel and stainless steel flanges and fittings, and other engineering goods made from steel and stainless steel, or any other goods and merchandise.
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