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MukandBOM:500460 61 Days Payable is 48.73 as of Mar. 2026, which is 33% below its 10-year median of 72.90. GuruFocus rates BOM:500460 with a GF Score™ of 61/100 and a GF Value™ of ₹137.42 (Fairly Valued). The stock has 7 warning signs investors should review. Among 598 Steel companies, Mukand ranks better than 64.38% on this metric.
Mukand's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹5,616 Mil. Mukand's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹10,517 Mil.
Hence, Mukand's Days Payable for the
three
months ended in Mar. 2026 was 48.73.
The historical rank and industry rank for Mukand's Days Payable or its related term are showing as below:
BOM:500460'
s Days Payable Range Over the Past 10 Years
Min: 37.61 Med: 72.9 Max: 191.01
Current: 57.32
During the past 13 years, Mukand's highest Days Payable was 191.01. The lowest was 37.61. And the median was 72.90.
BOM:500460's Days Payable is ranked better than 64.38% of 598
companies
in the Steel industry
Industry Median: 41.31
vs BOM:500460: 57.32
Mukand's Days Payable
declined
from Mar. 2025 (65.95) to Mar. 2026 (48.73).
It may suggest that Mukandaccelerated paying its suppliers.
Mukand Days Payable Related Terms
Mukand Days Payable Historical Data
* Premium members only.
The historical data trend for Mukand'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.
BOM:500460 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Mukand'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.
Mukand Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Mukand's Days Payable distribution charts can be found below:
* The bar in red indicates where Mukand's Days Payable falls into.
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.
Mukand's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Mukand (BOM:500460) has a Days Payable of 48.73 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 Mukand and its competitors. This is 33% below median its historical median of 72.90. Over the past decade, Mukand's Days Payable has ranged from 37.61 to 191.01. According to the industry distribution chart, Mukand ranks #213 out of 598 companies in the Steel industry, placing it in the top 35.6%.
Is Mukand's Days Payable too high?
Mukand's current Days Payable of 48.73 is 33% below median its 10-year median of 72.90. Over the past 10 years, this metric has ranged from a low of 37.61 to a high of 191.01. The Steel industry median Days Payable is 41.31. Mukand's value of 48.73 is 18% above this industry median. Based on the distribution chart, Mukand ranks #213 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Mukand has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mukand's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mukand ranks #213 out of 598 companies for Days Payable. This puts Mukand in the upper half of its industry. The industry median Days Payable is 41.31. Mukand's value of 48.73 is 18% above this benchmark. Historically, Mukand's own Days Payable has ranged from 37.61 to 191.01 over the past decade. While the company's 10-year median is 72.90 vs. the industry median of 41.31, Mukand 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 a Steel company?
The median Days Payable among Steel companies is 41.31, 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. Mukand's current Days Payable of 48.73 is 18% 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 Mukand and its competitors. For the Steel industry, the median Days Payable is 41.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mukand's current Days Payable is 48.73, which is 33% below median its own 10-year median of 72.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mukand stock overvalued right now?
Based on GuruFocus' analysis, Mukand (BOM:500460) is currently considered Fairly Valued. The stock's GF Value™ is ₹137.42, compared to a current price of ₹139.40 — trading 1.4% above its estimated fair value. The current Days Payable is 48.73, which is 33% below median its 10-year median of 72.90 and 18% above the Steel industry median of 41.31. Mukand's overall GF Score™ is 61/100 with 7 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 Mukand (BOM:500460), the current Days Payable is 48.73 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 Mukand (BOM:500460) Overvalued in 2026?
Based on GuruFocus' analysis, Mukand stock appears to be overvalued.
The current stock price of ₹139.40 is trading 1.4% above its estimated GF Value™ of ₹137.42.
GuruFocus considers Mukand to be Fairly Valued.
Key valuation signals for BOM:500460:
Days Payable: 48.73 (33% below median its 10-year median of 72.90)
GF Value™: ₹137.42 vs. price of ₹139.40 (1.4% above fair value)
Industry Position: 18% above the Steel median (#213 of 598)
No single metric tells the full story. See the BOM:500460 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mukand Ltd is engaged in the manufacturing of alloy and stainless steel long products in India. The business activity of the firm is operated through Specialty Steel, Industrial Machinery & Engineering Contracts, and Other segments. The products in the steel segment include billets, blooms, rounds, wire rods, bars, alloy steel, stainless steel, and others. Industrial machinery and engineering segment of the company includes steel structurals, material handling equipment, processing plant and equipment, and others. The company is also engaged in Road Construction and property development activities through the Others segment. The company derives maximum revenue from the Specialty steel segment.
61GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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