Steelco Gujarat (BOM:500399) Days Payable: 14.18 (As of Mar. 2026) — 91% Below Median

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BOM:500399 Steelco Gujarat Ltd BOM:500399
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Price ₹152.85
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What is Steelco Gujarat Days Payable?

Steelco Gujarat BOM:500399 +4.98% 10 Days Payable is 14.18 as of Mar. 2026, which is 91% below its 10-year median of 156.71. GuruFocus rates BOM:500399 with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 598 Steel companies, Steelco Gujarat ranks better than 92.31% on this metric.

Steelco Gujarat's average Accounts Payable for the three months ended in Mar. 2026 was ₹45.8 Mil. Steelco Gujarat's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹295.0 Mil. Hence, Steelco Gujarat's Days Payable for the three months ended in Mar. 2026 was 14.18.

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

BOM:500399' s Days Payable Range Over the Past 10 Years
Min: 102.79   Med: 156.71   Max: 607614.54
Current: 158.41

During the past 13 years, Steelco Gujarat's highest Days Payable was 607614.54. The lowest was 102.79. And the median was 156.71.

BOM:500399's Days Payable is ranked better than
92.31% of 598 companies
in the Steel industry
Industry Median: 41.37 vs BOM:500399: 158.41

Steelco Gujarat's Days Payable declined from Mar. 2025 (1,021.15) to Mar. 2026 (14.18). It may suggest that Steelco Gujarat accelerated paying its suppliers.


Steelco Gujarat Days Payable Historical Data

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The historical data trend for Steelco Gujarat'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.

Steelco Gujarat Days Payable Chart

Steelco Gujarat Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 607,614.54 10,650.32 2,814.11 102.79

Steelco Gujarat Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar22 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 1,021.15 4,733.67 195.45 697.54 14.18

BOM:500399 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Steelco Gujarat'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.


Steelco Gujarat Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Steelco Gujarat's Days Payable distribution charts can be found below:

* The bar in red indicates where Steelco Gujarat's Days Payable falls into.


BOM:500399
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Steelco Gujarat Ltd BOM:500399
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Steelco Gujarat 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.

Steelco Gujarat'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
=( (254.399 + 45.838) / 2 ) / 533.057*365
=150.1185 / 533.057*365
=102.79

Steelco Gujarat'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 + 45.838) / 1 ) / 294.961*365 / 4
=45.838 / 294.961*365 / 4
=14.18

* 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 14.18 mean?
Steelco Gujarat (BOM:500399) has a Days Payable of 14.18 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 Steelco Gujarat and its competitors. This is 91% below median its historical median of 156.71. Over the past decade, Steelco Gujarat's Days Payable has ranged from 102.79 to 607,614.54. According to the industry distribution chart, Steelco Gujarat ranks #46 out of 598 companies in the Steel industry, placing it in the top 7.7%.
Is Steelco Gujarat's Days Payable too high?
Steelco Gujarat's current Days Payable of 14.18 is 91% below median its 10-year median of 156.71. Over the past 10 years, this metric has ranged from a low of 102.79 to a high of 607,614.54. The Steel industry median Days Payable is 41.37. Steelco Gujarat's value of 14.18 is 65.7% below this industry median. Based on the distribution chart, Steelco Gujarat ranks #46 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Steelco Gujarat has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Steelco Gujarat's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Steelco Gujarat ranks #46 out of 598 companies for Days Payable. This places Steelco Gujarat in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Steelco Gujarat's value of 14.18 is 65.7% below this benchmark. Historically, Steelco Gujarat's own Days Payable has ranged from 102.79 to 607,614.54 over the past decade. While the company's 10-year median is 156.71 vs. the industry median of 41.37, Steelco Gujarat 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 Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 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. Steelco Gujarat's current Days Payable of 14.18 is 65.7% 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 Steelco Gujarat and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steelco Gujarat's current Days Payable is 14.18, which is 91% below median its own 10-year median of 156.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steelco Gujarat stock overvalued right now?
Steelco Gujarat (BOM:500399) has a current Days Payable of 14.18. The current Days Payable is 14.18, which is 91% below median its 10-year median of 156.71 and 65.7% below the Steel industry median of 41.37. Steelco Gujarat's overall GF Score™ is 10/100 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 Steelco Gujarat (BOM:500399), the current Days Payable is 14.18 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.

Steelco Gujarat Business Description

Address Race Course Circle, 4th Floor, Marble Arch, Vadodara, GJ, IND, 390 007
Steelco Gujarat Ltd is engaged in commercial production of cold rolled steel products with cold rolling of steel, continuous hot dip galvanizing and the Continuous Color Coating. It manufactures and supplies CR steel sheet/coils/strips, CR galvanized plain/corrugated sheet/coil/strips and pre-painted galvanized sheet/coils.
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