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Shah AlloysBOM:513436 -4.06%46 Days Payable is 1,655.54 as of Mar. 2026, which is 1631% above its 10-year median of 95.66. GuruFocus rates BOM:513436 with a GF Score™ of 46/100 and a GF Value™ of ₹4.90 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 598 Steel companies, Shah Alloys ranks better than 97.99% on this metric.
Shah Alloys's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹12.7 Mil. Shah Alloys's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹0.7 Mil.
Hence, Shah Alloys's Days Payable for the
three
months ended in Mar. 2026 was 1,655.54.
The historical rank and industry rank for Shah Alloys's Days Payable or its related term are showing as below:
BOM:513436'
s Days Payable Range Over the Past 10 Years
Min: 67.24 Med: 95.66 Max: 599.04
Current: 599.04
During the past 13 years, Shah Alloys's highest Days Payable was 599.04. The lowest was 67.24. And the median was 95.66.
BOM:513436's Days Payable is ranked better than 97.99% of 598
companies
in the Steel industry
Industry Median: 41.37
vs BOM:513436: 599.04
Shah Alloys's Days Payable
increased
from Mar. 2025 (300.87) to Mar. 2026 (1,655.54).
It may suggest that Shah Alloysdelayed paying its suppliers.
Shah Alloys Days Payable Related Terms
Shah Alloys Days Payable Historical Data
* Premium members only.
The historical data trend for Shah Alloys'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:513436 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Shah Alloys'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.
Shah Alloys Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Shah Alloys's Days Payable distribution charts can be found below:
* The bar in red indicates where Shah Alloys'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.
Shah Alloys'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.
Shah Alloys (BOM:513436) has a Days Payable of 1,655.54 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 Shah Alloys and its competitors. This is 1631% above median its historical median of 95.66. Over the past decade, Shah Alloys' Days Payable has ranged from 67.24 to 599.04. According to the industry distribution chart, Shah Alloys ranks #12 out of 598 companies in the Steel industry, placing it in the top 2%.
Is Shah Alloys' Days Payable too high?
Shah Alloys' current Days Payable of 1,655.54 is 1631% above median its 10-year median of 95.66. Over the past 10 years, this metric has ranged from a low of 67.24 to a high of 599.04. The Steel industry median Days Payable is 41.37. Shah Alloys' value of 1,655.54 is 3901.8% above this industry median. Based on the distribution chart, Shah Alloys ranks #12 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shah Alloys has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shah Alloys' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Shah Alloys ranks #12 out of 598 companies for Days Payable. This places Shah Alloys in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Shah Alloys' value of 1,655.54 is 3901.8% above this benchmark. Historically, Shah Alloys' own Days Payable has ranged from 67.24 to 599.04 over the past decade. While the company's 10-year median is 95.66 vs. the industry median of 41.37, Shah Alloys 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 41.37, 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. Shah Alloys's current Days Payable of 1,655.54 is 3901.8% 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 Shah Alloys 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. Shah Alloys's current Days Payable is 1,655.54, which is 1631% above median its own 10-year median of 95.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Alloys stock overvalued right now?
Based on GuruFocus' analysis, Shah Alloys (BOM:513436) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.90, compared to a current price of ₹65.28 — trading 1232.2% above its estimated fair value. The current Days Payable is 1,655.54, which is 1631% above median its 10-year median of 95.66 and 3901.8% above the Steel industry median of 41.37. Shah Alloys' overall GF Score™ is 46/100 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 Shah Alloys (BOM:513436), the current Days Payable is 1,655.54 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 Shah Alloys (BOM:513436) Overvalued in 2026?
Based on GuruFocus' analysis, Shah Alloys stock appears to be overvalued.
The current stock price of ₹65.28 is trading 1232.2% above its estimated GF Value™ of ₹4.90.
GuruFocus considers Shah Alloys to be Significantly Overvalued.
Key valuation signals for BOM:513436:
Days Payable: 1,655.54 (1631% above median its 10-year median of 95.66)
GF Value™: ₹4.90 vs. price of ₹65.28 (1232.2% above fair value)
Industry Position: 3901.8% above the Steel median (#12 of 598)
No single metric tells the full story. See the BOM:513436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in the manufacturing of Stainless steel, alloy special steel, Carbon/mild steel, and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products, which include Bars, Beams, Flat Plate coil, Slab, and Billets.
46GF 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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