Rathi Steel & Power (BOM:504903) Days Payable: 41.09 (As of Mar. 2026) — 50% Above Median

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BOM:504903 Rathi Steel & Power Ltd BOM:504903
61 GF Score
Price ₹23.85
GF Value ₹32.96
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Rathi Steel & Power Days Payable?

Rathi Steel & Power BOM:504903 +0.25% 61 Days Payable is 41.09 as of Mar. 2026, which is 50% above its 10-year median of 27.48. GuruFocus rates BOM:504903 with a GF Score™ of 61/100 and a GF Value™ of ₹32.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 598 Steel companies, Rathi Steel & Power ranks better than 64.21% on this metric.

Rathi Steel & Power's average Accounts Payable for the three months ended in Mar. 2026 was ₹913 Mil. Rathi Steel & Power's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,028 Mil. Hence, Rathi Steel & Power's Days Payable for the three months ended in Mar. 2026 was 41.09.

The historical rank and industry rank for Rathi Steel & Power's Days Payable or its related term are showing as below:

BOM:504903' s Days Payable Range Over the Past 10 Years
Min: 9.66   Med: 27.48   Max: 111.63
Current: 57.19

During the past 13 years, Rathi Steel & Power's highest Days Payable was 111.63. The lowest was 9.66. And the median was 27.48.

BOM:504903's Days Payable is ranked better than
64.21% of 598 companies
in the Steel industry
Industry Median: 41.37 vs BOM:504903: 57.19

Rathi Steel & Power's Days Payable declined from Mar. 2025 (66.79) to Mar. 2026 (41.09). It may suggest that Rathi Steel & Power accelerated paying its suppliers.


Rathi Steel & Power Days Payable Historical Data

* Premium members only.

The historical data trend for Rathi Steel & Power'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.

Rathi Steel & Power Days Payable Chart

Rathi Steel & Power 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 23.67 25.29 49.14 70.83 55.40

Rathi Steel & Power 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 66.79 60.25 73.25 69.00 41.09

BOM:504903 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Rathi Steel & Power'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.


Rathi Steel & Power Days Payable vs Steel Industry

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

* The bar in red indicates where Rathi Steel & Power's Days Payable falls into.


BOM:504903
61GF Score
Rathi Steel & Power Ltd BOM:504903
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rathi Steel & Power 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.

Rathi Steel & Power'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
=( (824.313 + 913.469) / 2 ) / 5724.94*365
=868.891 / 5724.94*365
=55.40

Rathi Steel & Power'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 + 913.469) / 1 ) / 2028.491*365 / 4
=913.469 / 2028.491*365 / 4
=41.09

* 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 41.09 mean?
Rathi Steel & Power (BOM:504903) has a Days Payable of 41.09 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 Rathi Steel & Power and its competitors. This is 50% above median its historical median of 27.48. Over the past decade, Rathi Steel & Power's Days Payable has ranged from 9.66 to 111.63. According to the industry distribution chart, Rathi Steel & Power ranks #214 out of 598 companies in the Steel industry, placing it in the top 35.8%.
Is Rathi Steel & Power's Days Payable too high?
Rathi Steel & Power's current Days Payable of 41.09 is 50% above median its 10-year median of 27.48. Over the past 10 years, this metric has ranged from a low of 9.66 to a high of 111.63. The Steel industry median Days Payable is 41.37. Rathi Steel & Power's value of 41.09 is 0.7% below this industry median. Based on the distribution chart, Rathi Steel & Power ranks #214 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Rathi Steel & Power has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rathi Steel & Power's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Rathi Steel & Power ranks #214 out of 598 companies for Days Payable. This puts Rathi Steel & Power in the upper half of its industry. The industry median Days Payable is 41.37. Rathi Steel & Power's value of 41.09 is 0.7% below this benchmark. Historically, Rathi Steel & Power's own Days Payable has ranged from 9.66 to 111.63 over the past decade. While the company's 10-year median is 27.48 vs. the industry median of 41.37, Rathi Steel & Power 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. Rathi Steel & Power's current Days Payable of 41.09 is 0.7% 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 Rathi Steel & Power 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. Rathi Steel & Power's current Days Payable is 41.09, which is 50% above median its own 10-year median of 27.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathi Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, Rathi Steel & Power (BOM:504903) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹32.96, compared to a current price of ₹23.85 — trading 27.6% below its estimated fair value. The current Days Payable is 41.09, which is 50% above median its 10-year median of 27.48 and 0.7% below the Steel industry median of 41.37. Rathi Steel & Power's overall GF Score™ is 61/100 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 Rathi Steel & Power (BOM:504903), the current Days Payable is 41.09 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 Rathi Steel & Power (BOM:504903) Overvalued in 2026?

Based on GuruFocus' analysis, Rathi Steel & Power stock appears to be undervalued. The current stock price of ₹23.85 is trading 27.6% below its estimated GF Value™ of ₹32.96. GuruFocus considers Rathi Steel & Power to be Modestly Undervalued.

Key valuation signals for BOM:504903:

  • Days Payable: 41.09 (50% above median its 10-year median of 27.48)
  • GF Value™: ₹32.96 vs. price of ₹23.85 (27.6% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 0.7% below the Steel median (#214 of 598)

No single metric tells the full story. See the BOM:504903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rathi Steel & Power Business Description

Address South of GT Road, Industrial Area No. 1, A-3 & C-4, Ghaziabad, UP, IND, 201009
Rathi Steel & Power Ltd is engaged in manufacturing steel and steel-based products. Its products include rebars and wire rods which are used in all key concrete constructions such as buildings, bridges, reservoirs, roads, irrigation and power structures, dock and harbor structures, foundations, piles, and precast concrete.
61GF Score

Get the complete analysis for BOM:504903

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

₹23.85
Price
₹32.96
GF Value