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Garg FurnaceBOM:530615 +0.43%65 Days Payable is 15.53 as of Mar. 2026, which is 1% above its 10-year median of 15.38. GuruFocus rates BOM:530615 with a GF Score™ of 65/100 and a GF Value™ of ₹178.15 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 598 Steel companies, Garg Furnace ranks worse than 85.12% on this metric.
The historical rank and industry rank for Garg Furnace's Days Payable or its related term are showing as below:
BOM:530615'
s Days Payable Range Over the Past 10 Years
Min: 11.5 Med: 15.38 Max: 67.74
Current: 15.07
During the past 13 years, Garg Furnace's highest Days Payable was 67.74. The lowest was 11.50. And the median was 15.38.
BOM:530615's Days Payable is ranked worse than 85.12% of 598
companies
in the Steel industry
Industry Median: 41.37
vs BOM:530615: 15.07
Garg Furnace's Days Payable
increased
from Mar. 2025 (7.11) to Mar. 2026 (15.53).
It may suggest that Garg Furnacedelayed paying its suppliers.
Garg Furnace Days Payable Related Terms
Garg Furnace Days Payable Historical Data
* Premium members only.
The historical data trend for Garg Furnace'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:530615 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Garg Furnace'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.
Garg Furnace Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Garg Furnace's Days Payable distribution charts can be found below:
* The bar in red indicates where Garg Furnace'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.
Garg Furnace'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.
Garg Furnace (BOM:530615) has a Days Payable of 15.53 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 Garg Furnace and its competitors. This is near median its historical median of 15.38. Over the past decade, Garg Furnace's Days Payable has ranged from 11.50 to 67.74. According to the industry distribution chart, Garg Furnace ranks #509 out of 598 companies in the Steel industry, placing it in the top 85.1%.
Is Garg Furnace's Days Payable too high?
Garg Furnace's current Days Payable of 15.53 is near median its 10-year median of 15.38. Over the past 10 years, this metric has ranged from a low of 11.50 to a high of 67.74. The Steel industry median Days Payable is 41.37. Garg Furnace's value of 15.53 is 62.5% below this industry median. Based on the distribution chart, Garg Furnace ranks #509 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Garg Furnace has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Garg Furnace ranks #509 out of 598 companies for Days Payable. This places Garg Furnace in the lower half of its industry. The industry median Days Payable is 41.37. Garg Furnace's value of 15.53 is 62.5% below this benchmark. Historically, Garg Furnace's own Days Payable has ranged from 11.50 to 67.74 over the past decade. While the company's 10-year median is 15.38 vs. the industry median of 41.37, Garg Furnace 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. Garg Furnace's current Days Payable of 15.53 is 62.5% 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 Garg Furnace 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. Garg Furnace's current Days Payable is 15.53, which is near median its own 10-year median of 15.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹178.15, compared to a current price of ₹116.40 — trading 34.7% below its estimated fair value. The current Days Payable is 15.53, which is near median its 10-year median of 15.38 and 62.5% below the Steel industry median of 41.37. Garg Furnace's overall GF Score™ is 65/100 with 6 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 Garg Furnace (BOM:530615), the current Days Payable is 15.53 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 Garg Furnace (BOM:530615) Overvalued in 2026?
Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued.
The current stock price of ₹116.40 is trading 34.7% below its estimated GF Value™ of ₹178.15.
GuruFocus considers Garg Furnace to be Significantly Undervalued.
Key valuation signals for BOM:530615:
Days Payable: 15.53 (near median its 10-year median of 15.38)
GF Value™: ₹178.15 vs. price of ₹116.40 (34.7% below fair value)
Industry Position: 62.5% below the Steel median (#509 of 598)
No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
65GF Score
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