Star Paper Mills (NSE:STARPAPER) Days Payable: 28.30 (As of Mar. 2026) — 45% Below Median


NSE:STARPAPER Star Paper Mills Ltd NSE:STARPAPER
77 GF Score
Price ₹140.14
GF Value ₹169.17
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Star Paper Mills Days Payable?

Star Paper Mills NSE:STARPAPER +0.44% 77 Days Payable is 28.30 as of Mar. 2026, which is 45% below its 10-year median of 51.00. GuruFocus rates NSE:STARPAPER with a GF Score™ of 77/100 and a GF Value™ of ₹169.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 276 Forest Products companies, Star Paper Mills ranks worse than 73.19% on this metric.

Star Paper Mills's average Accounts Payable for the three months ended in Mar. 2026 was ₹198 Mil. Star Paper Mills's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹640 Mil. Hence, Star Paper Mills's Days Payable for the three months ended in Mar. 2026 was 28.30.

The historical rank and industry rank for Star Paper Mills's Days Payable or its related term are showing as below:

NSE:STARPAPER' s Days Payable Range Over the Past 10 Years
Min: 32.4   Med: 51   Max: 101.45
Current: 35.56

During the past 13 years, Star Paper Mills's highest Days Payable was 101.45. The lowest was 32.40. And the median was 51.00.

NSE:STARPAPER's Days Payable is ranked worse than
73.19% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs NSE:STARPAPER: 35.56

Star Paper Mills's Days Payable declined from Mar. 2025 (32.61) to Mar. 2026 (28.30). It may suggest that Star Paper Mills accelerated paying its suppliers.


Star Paper Mills Days Payable Historical Data

* Premium members only.

The historical data trend for Star Paper Mills'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.

Star Paper Mills Days Payable Chart

Star Paper Mills 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 44.93 32.40 32.97 37.71 34.67

Star Paper Mills 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 32.61 37.89 39.07 40.81 28.30

Star Paper Mills Days Payable Competitor Comparison

For the Paper & Paper Products subindustry, Star Paper Mills'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.


Star Paper Mills Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Star Paper Mills's Days Payable distribution charts can be found below:

* The bar in red indicates where Star Paper Mills's Days Payable falls into.


NSE:STARPAPER
77GF Score
Star Paper Mills Ltd NSE:STARPAPER
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Star Paper Mills 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.

Star Paper Mills'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
=( (212.147 + 198.369) / 2 ) / 2160.682*365
=205.258 / 2160.682*365
=34.67

Star Paper Mills'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 + 198.369) / 1 ) / 639.642*365 / 4
=198.369 / 639.642*365 / 4
=28.30

* 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 28.30 mean?
Star Paper Mills (NSE:STARPAPER) has a Days Payable of 28.30 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 Star Paper Mills and its competitors. This is 45% below median its historical median of 51.00. Over the past decade, Star Paper Mills' Days Payable has ranged from 32.40 to 101.45. According to the industry distribution chart, Star Paper Mills ranks #202 out of 276 companies in the Forest Products industry, placing it in the top 73.2%.
Is Star Paper Mills' Days Payable too high?
Star Paper Mills' current Days Payable of 28.30 is 45% below median its 10-year median of 51.00. Over the past 10 years, this metric has ranged from a low of 32.40 to a high of 101.45. The Forest Products industry median Days Payable is 57.93. Star Paper Mills' value of 28.30 is 51.1% below this industry median. Based on the distribution chart, Star Paper Mills ranks #202 out of 276 companies in the Forest Products industry, which is below the industry midpoint. Overall, Star Paper Mills has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Paper Mills' Days Payable compare to competitors?
According to the Forest Products industry distribution chart, Star Paper Mills ranks #202 out of 276 companies for Days Payable. This places Star Paper Mills in the lower half of its industry. The industry median Days Payable is 57.93. Star Paper Mills' value of 28.30 is 51.1% below this benchmark. Historically, Star Paper Mills' own Days Payable has ranged from 32.40 to 101.45 over the past decade. While the company's 10-year median is 51.00 vs. the industry median of 57.93, Star Paper Mills 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Star Paper Mills's current Days Payable of 28.30 is 51.1% 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 Star Paper Mills and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Paper Mills's current Days Payable is 28.30, which is 45% below median its own 10-year median of 51.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Star Paper Mills (NSE:STARPAPER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹169.17, compared to a current price of ₹140.14 — trading 17.2% below its estimated fair value. The current Days Payable is 28.30, which is 45% below median its 10-year median of 51.00 and 51.1% below the Forest Products industry median of 57.93. Star Paper Mills' overall GF Score™ is 77/100 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 Star Paper Mills (NSE:STARPAPER), the current Days Payable is 28.30 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 Star Paper Mills (NSE:STARPAPER) Overvalued in 2026?

Based on GuruFocus' analysis, Star Paper Mills stock appears to be undervalued. The current stock price of ₹140.14 is trading 17.2% below its estimated GF Value™ of ₹169.17. GuruFocus considers Star Paper Mills to be Modestly Undervalued.

Key valuation signals for NSE:STARPAPER:

  • Days Payable: 28.30 (45% below median its 10-year median of 51.00)
  • GF Value™: ₹169.17 vs. price of ₹140.14 (17.2% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 51.1% below the Forest Products median (#202 of 276)

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


Star Paper Mills Business Description

Other Exchanges 516022:India
Address 31 Netaji Subhash Road, Duncan House, 2nd Floor, Kolkata, WB, IND, 700 001
Star Paper Mills Ltd is engaged in the manufacture and supply of Paper, paperboard, and other related products as its core business. It produces a wide range of Industrial Packaging and cultural paper catering to various segments of the consumer. It sells within Indian markets and Outside India.
77GF Score

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

₹140.14
Price
₹169.17
GF Value