Jayaswal NECO IndustriesBOM:522285 -3.94%56 Days Payable is 50.89 as of Mar. 2026, which is 43% above its 10-year median of 35.51. GuruFocus rates BOM:522285 with a GF Score™ of 56/100 and a GF Value™ of ₹56.46 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 597 Steel companies, Jayaswal NECO Industries ranks worse than 50.75% on this metric.
* 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:522285 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Jayaswal NECO Industries'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.
Jayaswal NECO Industries Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Jayaswal NECO Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Jayaswal NECO Industries'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.
Jayaswal NECO Industries'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.
Jayaswal NECO Industries (BOM:522285) has a Days Payable of 50.89 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 Jayaswal NECO Industries and its competitors. This is 43% above median its historical median of 35.51. Over the past decade, Jayaswal NECO Industries' Days Payable has ranged from 20.05 to 63.50. According to the industry distribution chart, Jayaswal NECO Industries ranks #303 out of 597 companies in the Steel industry, placing it in the top 50.8%.
Is Jayaswal NECO Industries' Days Payable too high?
Jayaswal NECO Industries' current Days Payable of 50.89 is 43% above median its 10-year median of 35.51. Over the past 10 years, this metric has ranged from a low of 20.05 to a high of 63.50. The Steel industry median Days Payable is 41.39. Jayaswal NECO Industries' value of 50.89 is 23% above this industry median. Based on the distribution chart, Jayaswal NECO Industries ranks #303 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Jayaswal NECO Industries has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jayaswal NECO Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Jayaswal NECO Industries ranks #303 out of 597 companies for Days Payable. This places Jayaswal NECO Industries in the lower half of its industry. The industry median Days Payable is 41.39. Jayaswal NECO Industries' value of 50.89 is 23% above this benchmark. Historically, Jayaswal NECO Industries' own Days Payable has ranged from 20.05 to 63.50 over the past decade. While the company's 10-year median is 35.51 vs. the industry median of 41.39, Jayaswal NECO Industries 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 41.39, 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. Jayaswal NECO Industries's current Days Payable of 50.89 is 23% 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 Jayaswal NECO Industries and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jayaswal NECO Industries's current Days Payable is 50.89, which is 43% above median its own 10-year median of 35.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jayaswal NECO Industries stock overvalued right now?
Based on GuruFocus' analysis, Jayaswal NECO Industries (BOM:522285) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹56.46, compared to a current price of ₹87.18 — trading 54.4% above its estimated fair value. The current Days Payable is 50.89, which is 43% above median its 10-year median of 35.51 and 23% above the Steel industry median of 41.39. Jayaswal NECO Industries' overall GF Score™ is 56/100 with 1 warning sign 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 Jayaswal NECO Industries (BOM:522285), the current Days Payable is 50.89 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 Jayaswal NECO Industries (BOM:522285) Overvalued in 2026?
Based on GuruFocus' analysis, Jayaswal NECO Industries stock appears to be overvalued.
The current stock price of ₹87.18 is trading 54.4% above its estimated GF Value™ of ₹56.46.
GuruFocus considers Jayaswal NECO Industries to be Significantly Overvalued.
Key valuation signals for BOM:522285:
Days Payable: 50.89 (43% above median its 10-year median of 35.51)
GF Value™: ₹56.46 vs. price of ₹87.18 (54.4% above fair value)
Industry Position: 23% above the Steel median (#303 of 597)
No single metric tells the full story. See the BOM:522285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jayaswal NECO Industries Ltd is engaged in the manufacture and supply of pig iron, sponge iron, pellet, steel, and Iron and steel casting. It specializes in the manufacture and supply of graded steels made in the form of billets, blooms and slabs from virgin metal. The company supplies steel in cast, rolled, wire, annealed, and bright bar forms catering to the demands of various engineering, industrial, construction, automotive, power, and railway industries. Its product-wise operating segments are Steel which derives key revenue, Iron and Steel Castings, and Others. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated from its business in India.
56GF Score
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