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Ashiana IspatBOM:513401 51 Days Payable is 19.10 as of Mar. 2026, which is 27% below its 10-year median of 26.15. GuruFocus rates BOM:513401 with a GF Score™ of 51/100 and a GF Value™ of ₹239.87 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 598 Steel companies, Ashiana Ispat ranks worse than 78.43% on this metric.
The historical rank and industry rank for Ashiana Ispat's Days Payable or its related term are showing as below:
BOM:513401'
s Days Payable Range Over the Past 10 Years
Min: 12.15 Med: 26.15 Max: 59.4
Current: 18.58
During the past 13 years, Ashiana Ispat's highest Days Payable was 59.40. The lowest was 12.15. And the median was 26.15.
BOM:513401's Days Payable is ranked worse than 78.43% of 598
companies
in the Steel industry
Industry Median: 41.37
vs BOM:513401: 18.58
Ashiana Ispat's Days Payable
declined
from Mar. 2025 (124.25) to Mar. 2026 (19.10).
It may suggest that Ashiana Ispataccelerated paying its suppliers.
Ashiana Ispat Days Payable Related Terms
Ashiana Ispat Days Payable Historical Data
* Premium members only.
The historical data trend for Ashiana Ispat'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:513401 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Ashiana Ispat'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.
Ashiana Ispat Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Ashiana Ispat's Days Payable distribution charts can be found below:
* The bar in red indicates where Ashiana Ispat'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.
Ashiana Ispat'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.
Ashiana Ispat (BOM:513401) has a Days Payable of 19.10 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 Ashiana Ispat and its competitors. This is 27% below median its historical median of 26.15. Over the past decade, Ashiana Ispat's Days Payable has ranged from 12.15 to 59.40. According to the industry distribution chart, Ashiana Ispat ranks #469 out of 598 companies in the Steel industry, placing it in the top 78.4%.
Is Ashiana Ispat's Days Payable too high?
Ashiana Ispat's current Days Payable of 19.10 is 27% below median its 10-year median of 26.15. Over the past 10 years, this metric has ranged from a low of 12.15 to a high of 59.40. The Steel industry median Days Payable is 41.37. Ashiana Ispat's value of 19.10 is 53.8% below this industry median. Based on the distribution chart, Ashiana Ispat ranks #469 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ashiana Ispat has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ashiana Ispat's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Ashiana Ispat ranks #469 out of 598 companies for Days Payable. This places Ashiana Ispat in the lower half of its industry. The industry median Days Payable is 41.37. Ashiana Ispat's value of 19.10 is 53.8% below this benchmark. Historically, Ashiana Ispat's own Days Payable has ranged from 12.15 to 59.40 over the past decade. While the company's 10-year median is 26.15 vs. the industry median of 41.37, Ashiana Ispat 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. Ashiana Ispat's current Days Payable of 19.10 is 53.8% 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 Ashiana Ispat 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. Ashiana Ispat's current Days Payable is 19.10, which is 27% below median its own 10-year median of 26.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashiana Ispat stock overvalued right now?
Based on GuruFocus' analysis, Ashiana Ispat (BOM:513401) is currently considered Possible Value Trap. The stock's GF Value™ is ₹239.87, compared to a current price of ₹17.50 — trading 92.7% below its estimated fair value. The current Days Payable is 19.10, which is 27% below median its 10-year median of 26.15 and 53.8% below the Steel industry median of 41.37. Ashiana Ispat's overall GF Score™ is 51/100 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 Ashiana Ispat (BOM:513401), the current Days Payable is 19.10 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 Ashiana Ispat (BOM:513401) Overvalued in 2026?
Based on GuruFocus' analysis, Ashiana Ispat stock appears to be undervalued.
The current stock price of ₹17.50 is trading 92.7% below its estimated GF Value™ of ₹239.87.
GuruFocus considers Ashiana Ispat to be Possible Value Trap.
Key valuation signals for BOM:513401:
Days Payable: 19.10 (27% below median its 10-year median of 26.15)
GF Value™: ₹239.87 vs. price of ₹17.50 (92.7% below fair value)
Industry Position: 53.8% below the Steel median (#469 of 598)
No single metric tells the full story. See the BOM:513401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashiana Ispat Ltd is a steel company. It is engaged in the manufacturing of value-added steel for domestic construction, engineering, automotive, and infrastructure sectors. It manufactures thermo-mechanically treated bars (TMT) and cold twisted deformed bars (CTD).
51GF Score
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