Shree Steelwire Ropes (BOM:513488) Days Payable: 22.70 (As of Jun. 2026) — 56% Below Median

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BOM:513488 Shree Steelwire Ropes Ltd BOM:513488
50 GF Score
Price ₹27.13
GF Value ₹12.52
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Shree Steelwire Ropes Days Payable?

Shree Steelwire Ropes BOM:513488 +4.95% 50 Days Payable is 22.70 as of Jun. 2026, which is 56% below its 10-year median of 51.41. GuruFocus rates BOM:513488 with a GF Score™ of 50/100 and a GF Value™ of ₹12.52 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 597 Steel companies, Shree Steelwire Ropes ranks worse than 52.6% on this metric.

Shree Steelwire Ropes's average Accounts Payable for the three months ended in Jun. 2026 was ₹3.62 Mil. Shree Steelwire Ropes's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹14.57 Mil. Hence, Shree Steelwire Ropes's Days Payable for the three months ended in Jun. 2026 was 22.70.

The historical rank and industry rank for Shree Steelwire Ropes's Days Payable or its related term are showing as below:

BOM:513488' s Days Payable Range Over the Past 10 Years
Min: 22.58   Med: 51.41   Max: 84.13
Current: 40.09

During the past 13 years, Shree Steelwire Ropes's highest Days Payable was 84.13. The lowest was 22.58. And the median was 51.41.

BOM:513488's Days Payable is ranked worse than
52.6% of 597 companies
in the Steel industry
Industry Median: 42.69 vs BOM:513488: 40.09

Shree Steelwire Ropes's Days Payable increased from Mar. 2025 (11.29) to Jun. 2026 (22.70). It may suggest that Shree Steelwire Ropes delayed paying its suppliers.


Shree Steelwire Ropes Days Payable Historical Data

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The historical data trend for Shree Steelwire Ropes'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.

Shree Steelwire Ropes Days Payable Chart

Shree Steelwire Ropes 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 51.79 35.61 40.00 22.58 46.58

Shree Steelwire Ropes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 11.29 49.23 0.00 35.09 22.70

BOM:513488 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Shree Steelwire Ropes'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.


Shree Steelwire Ropes Days Payable vs Steel Industry

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

* The bar in red indicates where Shree Steelwire Ropes's Days Payable falls into.


BOM:513488
50GF Score
Shree Steelwire Ropes Ltd BOM:513488
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Steelwire Ropes 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.

Shree Steelwire Ropes'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
=( (2.895 + 3.624) / 2 ) / 25.544*365
=3.2595 / 25.544*365
=46.58

Shree Steelwire Ropes'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
=( (3.624 + 0) / 1 ) / 14.569*365 / 4
=3.624 / 14.569*365 / 4
=22.70

* 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 22.70 mean?
Shree Steelwire Ropes (BOM:513488) has a Days Payable of 22.70 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 Shree Steelwire Ropes and its competitors. This is 56% below median its historical median of 51.41. Over the past decade, Shree Steelwire Ropes' Days Payable has ranged from 22.58 to 84.13. According to the industry distribution chart, Shree Steelwire Ropes ranks #314 out of 597 companies in the Steel industry, placing it in the top 52.6%.
Is Shree Steelwire Ropes' Days Payable too high?
Shree Steelwire Ropes' current Days Payable of 22.70 is 56% below median its 10-year median of 51.41. Over the past 10 years, this metric has ranged from a low of 22.58 to a high of 84.13. The Steel industry median Days Payable is 42.69. Shree Steelwire Ropes' value of 22.70 is 46.8% below this industry median. Based on the distribution chart, Shree Steelwire Ropes ranks #314 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Shree Steelwire Ropes has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shree Steelwire Ropes' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Shree Steelwire Ropes ranks #314 out of 597 companies for Days Payable. This places Shree Steelwire Ropes in the lower half of its industry. The industry median Days Payable is 42.69. Shree Steelwire Ropes' value of 22.70 is 46.8% below this benchmark. Historically, Shree Steelwire Ropes' own Days Payable has ranged from 22.58 to 84.13 over the past decade. While the company's 10-year median is 51.41 vs. the industry median of 42.69, Shree Steelwire Ropes 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 42.69, based on 597 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. Shree Steelwire Ropes's current Days Payable of 22.70 is 46.8% 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 Shree Steelwire Ropes and its competitors. For the Steel industry, the median Days Payable is 42.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Steelwire Ropes's current Days Payable is 22.70, which is 56% below median its own 10-year median of 51.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Steelwire Ropes stock overvalued right now?
Based on GuruFocus' analysis, Shree Steelwire Ropes (BOM:513488) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹12.52, compared to a current price of ₹27.13 — trading 116.7% above its estimated fair value. The current Days Payable is 22.70, which is 56% below median its 10-year median of 51.41 and 46.8% below the Steel industry median of 42.69. Shree Steelwire Ropes' overall GF Score™ is 50/100 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 Shree Steelwire Ropes (BOM:513488), the current Days Payable is 22.70 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.

Is Shree Steelwire Ropes (BOM:513488) Overvalued in 2026?

Based on GuruFocus' analysis, Shree Steelwire Ropes stock appears to be overvalued. The current stock price of ₹27.13 is trading 116.7% above its estimated GF Value™ of ₹12.52. GuruFocus considers Shree Steelwire Ropes to be Significantly Overvalued.

Key valuation signals for BOM:513488:

  • Days Payable: 22.70 (56% below median its 10-year median of 51.41)
  • GF Value™: ₹12.52 vs. price of ₹27.13 (116.7% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 46.8% below the Steel median (#314 of 597)

No single metric tells the full story. See the BOM:513488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shree Steelwire Ropes Business Description

Address Plot No. 10, 19th Road, 503, 504, 505, 5th Floor, Shiv Ashish Commercial Complex, Chembur, Mumbai, MH, IND, 400 071
Shree Steelwire Ropes Ltd is an Indian company engaged in manufacturing and supplying steel Wire Rope, Wire Rope Allied Products, and Railway OHE products. It is used in general Engineering, Shipping, Fishing, Mining, Oil Well Exploration, Construction, Aerial Applications, Deep Sea Exploration, and other industries. It operates in one single primary business segment which is Steel Wire Ropes Manufacturing.
50GF Score

Get the complete analysis for BOM:513488

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

₹27.13
Price
₹12.52
GF Value