Swan Defence and Heavy Industries (NSE:SWANDEF) Days Payable: 8.06 (As of Mar. 2026) — 100% Below Median


NSE:SWANDEF Swan Defence and Heavy Industries Ltd NSE:SWANDEF
31 GF Score
Price ₹2,215.60
GF Value ₹11,933.34
Valuation Possible Value Trap
! 6 Warning Signs
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What is Swan Defence and Heavy Industries Days Payable?

Swan Defence and Heavy Industries NSE:SWANDEF +3.38% 31 Days Payable is 8.06 as of Mar. 2026, which is 100% below its 10-year median of 2,159.95. GuruFocus rates NSE:SWANDEF with a GF Score™ of 31/100 and a GF Value™ of ₹11,933.34 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 337 Aerospace & Defense companies, Swan Defence and Heavy Industries ranks worse than 88.43% on this metric.

Swan Defence and Heavy Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹391 Mil. Swan Defence and Heavy Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,432 Mil. Hence, Swan Defence and Heavy Industries's Days Payable for the three months ended in Mar. 2026 was 8.06.

The historical rank and industry rank for Swan Defence and Heavy Industries's Days Payable or its related term are showing as below:

NSE:SWANDEF' s Days Payable Range Over the Past 10 Years
Min: 28.72   Med: 2159.95   Max: 8505.64
Current: 28.72

During the past 13 years, Swan Defence and Heavy Industries's highest Days Payable was 8505.64. The lowest was 28.72. And the median was 2159.95.

NSE:SWANDEF's Days Payable is ranked worse than
88.43% of 337 companies
in the Aerospace & Defense industry
Industry Median: 65.05 vs NSE:SWANDEF: 28.72

Swan Defence and Heavy Industries's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (8.06). It may suggest that Swan Defence and Heavy Industries delayed paying its suppliers.


Swan Defence and Heavy Industries Days Payable Related Terms


Swan Defence and Heavy Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Swan Defence and Heavy Industries'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.

Swan Defence and Heavy Industries Days Payable Chart

Swan Defence and Heavy Industries 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 8,505.64 8,019.09 2,893.34 5,521.98 36.69

Swan Defence and Heavy Industries 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 0.00 361.71 83.47 18,239.03 8.06

NSE:SWANDEF vs GE, RTX, BA: Days Payable Comparison

For the Aerospace & Defense subindustry, Swan Defence and Heavy Industries'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.


Swan Defence and Heavy Industries Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Swan Defence and Heavy Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Swan Defence and Heavy Industries's Days Payable falls into.


NSE:SWANDEF
31GF Score
Swan Defence and Heavy Industries Ltd NSE:SWANDEF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Swan Defence and Heavy Industries 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.

Swan Defence and Heavy Industries'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
=( (565.256 + 391.32) / 2 ) / 4757.51*365
=478.288 / 4757.51*365
=36.69

Swan Defence and Heavy Industries'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 + 391.32) / 1 ) / 4432.273*365 / 4
=391.32 / 4432.273*365 / 4
=8.06

* 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 8.06 mean?
Swan Defence and Heavy Industries (NSE:SWANDEF) has a Days Payable of 8.06 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 Swan Defence and Heavy Industries and its competitors. This is 100% below median its historical median of 2,159.95. Over the past decade, Swan Defence and Heavy Industries' Days Payable has ranged from 28.72 to 8,505.64. According to the industry distribution chart, Swan Defence and Heavy Industries ranks #298 out of 337 companies in the Aerospace & Defense industry, placing it in the top 88.4%.
Is Swan Defence and Heavy Industries' Days Payable too high?
Swan Defence and Heavy Industries' current Days Payable of 8.06 is 100% below median its 10-year median of 2,159.95. Over the past 10 years, this metric has ranged from a low of 28.72 to a high of 8,505.64. The Aerospace & Defense industry median Days Payable is 65.05. Swan Defence and Heavy Industries' value of 8.06 is 87.6% below this industry median. Based on the distribution chart, Swan Defence and Heavy Industries ranks #298 out of 337 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Swan Defence and Heavy Industries has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan Defence and Heavy Industries' Days Payable compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Swan Defence and Heavy Industries ranks #298 out of 337 companies for Days Payable. This places Swan Defence and Heavy Industries in the lower half of its industry. The industry median Days Payable is 65.05. Swan Defence and Heavy Industries' value of 8.06 is 87.6% below this benchmark. Historically, Swan Defence and Heavy Industries' own Days Payable has ranged from 28.72 to 8,505.64 over the past decade. While the company's 10-year median is 2,159.95 vs. the industry median of 65.05, Swan Defence and Heavy Industries 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 65.05, based on 337 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. Swan Defence and Heavy Industries's current Days Payable of 8.06 is 87.6% 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 Swan Defence and Heavy Industries and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swan Defence and Heavy Industries's current Days Payable is 8.06, which is 100% below median its own 10-year median of 2,159.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan Defence and Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries (NSE:SWANDEF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹11,933.34, compared to a current price of ₹2,215.60 — trading 81.4% below its estimated fair value. The current Days Payable is 8.06, which is 100% below median its 10-year median of 2,159.95 and 87.6% below the Aerospace & Defense industry median of 65.05. Swan Defence and Heavy Industries' overall GF Score™ is 31/100 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 Swan Defence and Heavy Industries (NSE:SWANDEF), the current Days Payable is 8.06 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 Swan Defence and Heavy Industries (NSE:SWANDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Swan Defence and Heavy Industries stock appears to be undervalued. The current stock price of ₹2,215.60 is trading 81.4% below its estimated GF Value™ of ₹11,933.34. GuruFocus considers Swan Defence and Heavy Industries to be Possible Value Trap.

Key valuation signals for NSE:SWANDEF:

  • Days Payable: 8.06 (100% below median its 10-year median of 2,159.95)
  • GF Value™: ₹11,933.34 vs. price of ₹2,215.60 (81.4% below fair value)
  • GF Score™: 31/100 with 6 warning signs
  • Industry Position: 87.6% below the Aerospace & Defense median (#298 of 337)

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


Swan Defence and Heavy Industries Business Description

Other Exchanges 533107:India
Address 10 J. N. Heredia Marg, 6 Feltham House, 2nd Floor, Ballard Estate, Mumbai, MH, IND, 400001
Swan Defence and Heavy Industries Ltd is mainly engaged in the construction of vessels, repairs, and refits of ships and rigs, and heavy engineering. The company has developed an integrated shipbuilding, ship and rig repair and conversion, ship production, offshore construction, and heavy engineering facility in Gujarat. The company has a large shipbuilding/repair infrastructure in India including the Dry Dock.
31GF Score

Get the complete analysis for NSE:SWANDEF

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

₹2,215.60
Price
₹11,933.34
GF Value