PSP Projects (NSE:PSPPROJECT) Days Payable: 43.63 (As of Mar. 2026) — 36% Below Median


NSE:PSPPROJECT PSP Projects Ltd NSE:PSPPROJECT
81 GF Score
Price ₹1,000.80
GF Value ₹913.41
Valuation Fairly Valued
! 6 Warning Signs
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What is PSP Projects Days Payable?

PSP Projects NSE:PSPPROJECT +2.24% 81 Days Payable is 43.63 as of Mar. 2026, which is 36% below its 10-year median of 68.41. GuruFocus rates NSE:PSPPROJECT with a GF Score™ of 81/100 and a GF Value™ of ₹913.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,710 Construction companies, PSP Projects ranks worse than 62.69% on this metric.

PSP Projects's average Accounts Payable for the three months ended in Mar. 2026 was ₹4,652 Mil. PSP Projects's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹9,730 Mil. Hence, PSP Projects's Days Payable for the three months ended in Mar. 2026 was 43.63.

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

NSE:PSPPROJECT' s Days Payable Range Over the Past 10 Years
Min: 55.53   Med: 68.41   Max: 83.07
Current: 59.59

During the past 13 years, PSP Projects's highest Days Payable was 83.07. The lowest was 55.53. And the median was 68.41.

NSE:PSPPROJECT's Days Payable is ranked worse than
62.69% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs NSE:PSPPROJECT: 59.59

PSP Projects's Days Payable declined from Mar. 2025 (63.53) to Mar. 2026 (43.63). It may suggest that PSP Projects accelerated paying its suppliers.


PSP Projects Days Payable Historical Data

* Premium members only.

The historical data trend for PSP Projects'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.

PSP Projects Days Payable Chart

PSP Projects 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 67.57 71.87 69.25 70.43 58.99

PSP Projects 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 63.53 86.12 68.32 58.59 43.63

NSE:PSPPROJECT vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, PSP Projects'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.


PSP Projects Days Payable vs Construction Industry

For the Construction industry and Industrials sector, PSP Projects's Days Payable distribution charts can be found below:

* The bar in red indicates where PSP Projects's Days Payable falls into.


NSE:PSPPROJECT
81GF Score
PSP Projects Ltd NSE:PSPPROJECT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PSP Projects 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.

PSP Projects'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
=( (4179.068 + 4651.951) / 2 ) / 27322.814*365
=4415.5095 / 27322.814*365
=58.99

PSP Projects'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 + 4651.951) / 1 ) / 9729.669*365 / 4
=4651.951 / 9729.669*365 / 4
=43.63

* 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 43.63 mean?
PSP Projects (NSE:PSPPROJECT) has a Days Payable of 43.63 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 PSP Projects and its competitors. This is 36% below median its historical median of 68.41. Over the past decade, PSP Projects' Days Payable has ranged from 55.53 to 83.07. According to the industry distribution chart, PSP Projects ranks #1072 out of 1710 companies in the Construction industry, placing it in the top 62.7%.
Is PSP Projects' Days Payable too high?
PSP Projects' current Days Payable of 43.63 is 36% below median its 10-year median of 68.41. Over the past 10 years, this metric has ranged from a low of 55.53 to a high of 83.07. The Construction industry median Days Payable is 76.79. PSP Projects' value of 43.63 is 43.2% below this industry median. Based on the distribution chart, PSP Projects ranks #1072 out of 1710 companies in the Construction industry, which is below the industry midpoint. Overall, PSP Projects has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PSP Projects' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, PSP Projects ranks #1072 out of 1710 companies for Days Payable. This places PSP Projects in the lower half of its industry. The industry median Days Payable is 76.79. PSP Projects' value of 43.63 is 43.2% below this benchmark. Historically, PSP Projects' own Days Payable has ranged from 55.53 to 83.07 over the past decade. While the company's 10-year median is 68.41 vs. the industry median of 76.79, PSP Projects 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. PSP Projects's current Days Payable of 43.63 is 43.2% 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 PSP Projects and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSP Projects's current Days Payable is 43.63, which is 36% below median its own 10-year median of 68.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Projects stock overvalued right now?
Based on GuruFocus' analysis, PSP Projects (NSE:PSPPROJECT) is currently considered Fairly Valued. The stock's GF Value™ is ₹913.41, compared to a current price of ₹1,000.80 — trading 9.6% above its estimated fair value. The current Days Payable is 43.63, which is 36% below median its 10-year median of 68.41 and 43.2% below the Construction industry median of 76.79. PSP Projects' overall GF Score™ is 81/100 with 6 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 PSP Projects (NSE:PSPPROJECT), the current Days Payable is 43.63 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 PSP Projects (NSE:PSPPROJECT) Overvalued in 2026?

Based on GuruFocus' analysis, PSP Projects stock appears to be overvalued. The current stock price of ₹1,000.80 is trading 9.6% above its estimated GF Value™ of ₹913.41. GuruFocus considers PSP Projects to be Fairly Valued.

Key valuation signals for NSE:PSPPROJECT:

  • Days Payable: 43.63 (36% below median its 10-year median of 68.41)
  • GF Value™: ₹913.41 vs. price of ₹1,000.80 (9.6% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 43.2% below the Construction median (#1072 of 1710)

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


PSP Projects Business Description

Other Exchanges 540544:India
Address Iscon - Ambli Road, PSP House, Opposite Celesta Courtyard, Opposite Lane of Vikram Nagar Colony, Ahmedabad, GJ, IND, 380058
PSP Projects Ltd is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India. The company operates in a single segment, namely construction project activities. The company provides services across the construction value chain, ranging from planning and design to construction and post-construction activities. Geographically, it derives revenue from India.
81GF Score

Get the complete analysis for NSE:PSPPROJECT

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

₹1,000.80
Price
₹913.41
GF Value