Western Ministil (BOM:504998) Days Payable: 52.10 (As of Jun. 2026)

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BOM:504998 Western Ministil Ltd BOM:504998
24 GF Score
Price ₹0.60
! 2 Warning Signs
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What is Western Ministil Days Payable?

Western Ministil BOM:504998 24 Days Payable is 52.10 as of Jun. 2026. GuruFocus rates BOM:504998 with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 595 Steel companies, Western Ministil ranks better than 87.39% on this metric.

Western Ministil's average Accounts Payable for the three months ended in Jun. 2026 was ₹0.62 Mil. Western Ministil's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹1.09 Mil. Hence, Western Ministil's Days Payable for the three months ended in Jun. 2026 was 52.10.

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

BOM:504998' s Days Payable Range Over the Past 10 Years
Min: 0   Med: 0   Max: 122.45
Current: 122.45

During the past 13 years, Western Ministil's highest Days Payable was 122.45. The lowest was 0.00. And the median was 0.00.

BOM:504998's Days Payable is ranked better than
87.39% of 595 companies
in the Steel industry
Industry Median: 42.84 vs BOM:504998: 122.45

Western Ministil's Days Payable increased from Jun. 2025 (0.00) to Jun. 2026 (52.10). It may suggest that Western Ministil delayed paying its suppliers.


Western Ministil Days Payable Historical Data

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The historical data trend for Western Ministil'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.

Western Ministil Days Payable Chart

Western Ministil 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 0.00 0.00 0.00 0.00 0.00

Western Ministil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 52.10

BOM:504998 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Western Ministil'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.


Western Ministil Days Payable vs Steel Industry

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

* The bar in red indicates where Western Ministil's Days Payable falls into.


BOM:504998
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Western Ministil Ltd BOM:504998
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Ministil 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.

Western Ministil'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
=( (0.352 + 0.624) / 2 ) / 0*365
=0.488 / 0*365
=N/A

Western Ministil's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0.624 + 0) / 1 ) / 1.093*365 / 4
=0.624 / 1.093*365 / 4
=52.10

* 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 52.10 mean?
Western Ministil (BOM:504998) has a Days Payable of 52.10 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Western Ministil and its competitors. According to the industry distribution chart, Western Ministil ranks #75 out of 595 companies in the Steel industry, placing it in the top 12.6%.
Is Western Ministil's Days Payable too high?
Western Ministil's current Days Payable is 52.10. The Steel industry median Days Payable is 42.84. Western Ministil's value of 52.10 is 21.6% above this industry median. Based on the distribution chart, Western Ministil ranks #75 out of 595 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Western Ministil has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Western Ministil's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Western Ministil ranks #75 out of 595 companies for Days Payable. This places Western Ministil in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 42.84. Western Ministil's value of 52.10 is 21.6% above this benchmark. 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 42.84, based on 595 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. Western Ministil's current Days Payable of 52.10 is 21.6% 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 Western Ministil and its competitors. For the Steel industry, the median Days Payable is 42.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Ministil's current Days Payable is 52.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Ministil stock overvalued right now?
Western Ministil (BOM:504998) has a current Days Payable of 52.10. The current Days Payable is 52.10 and 21.6% above the Steel industry median of 42.84. Western Ministil's overall GF Score™ is 24/100 with 2 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 Western Ministil (BOM:504998), the current Days Payable is 52.10 as of Jun. 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.

Western Ministil Business Description

Address 16th Floor, A Wing, 163 - 164 Mittal Tower, Nariman Point, Mumbai, MH, IND, 400 021
Western Ministil Ltd is an Indian firm mainly engaged in the manufacturing of steel ingots in primary forms. The company is also engaged in producing semi-finished products of steel and has its business spread across India.
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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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