Metal Coatings (India) (BOM:531810) Days Payable: 3.52 (As of Mar. 2026) — 212% Above Median

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BOM:531810 Metal Coatings (India) Ltd BOM:531810
70 GF Score
Price ₹51.53
GF Value ₹75.86
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Metal Coatings (India) Days Payable?

Metal Coatings (India) BOM:531810 -6.09% 70 Days Payable is 3.52 as of Mar. 2026, which is 212% above its 10-year median of 1.13. GuruFocus rates BOM:531810 with a GF Score™ of 70/100 and a GF Value™ of ₹75.86 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 598 Steel companies, Metal Coatings (India) ranks worse than 92.81% on this metric.

Metal Coatings (India)'s average Accounts Payable for the three months ended in Mar. 2026 was ₹11 Mil. Metal Coatings (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹280 Mil. Hence, Metal Coatings (India)'s Days Payable for the three months ended in Mar. 2026 was 3.52.

The historical rank and industry rank for Metal Coatings (India)'s Days Payable or its related term are showing as below:

BOM:531810' s Days Payable Range Over the Past 10 Years
Min: 0.68   Med: 1.13   Max: 8.2
Current: 8.2

During the past 13 years, Metal Coatings (India)'s highest Days Payable was 8.20. The lowest was 0.68. And the median was 1.13.

BOM:531810's Days Payable is ranked worse than
92.81% of 598 companies
in the Steel industry
Industry Median: 41.37 vs BOM:531810: 8.20

Metal Coatings (India)'s Days Payable declined from Mar. 2025 (4.39) to Mar. 2026 (3.52). It may suggest that Metal Coatings (India) accelerated paying its suppliers.


Metal Coatings (India) Days Payable Historical Data

* Premium members only.

The historical data trend for Metal Coatings (India)'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.

Metal Coatings (India) Days Payable Chart

Metal Coatings (India) 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 0.68 0.79 0.89 2.62 3.91

Metal Coatings (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.39 4.66 15.72 16.37 3.52

BOM:531810 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Metal Coatings (India)'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.


Metal Coatings (India) Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Metal Coatings (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Metal Coatings (India)'s Days Payable falls into.


BOM:531810
70GF Score
Metal Coatings (India) Ltd BOM:531810
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Metal Coatings (India) 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.

Metal Coatings (India)'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
=( (14.83 + 10.79) / 2 ) / 1196.647*365
=12.81 / 1196.647*365
=3.91

Metal Coatings (India)'s Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 10.79) / 1 ) / 279.793*365 / 4
=10.79 / 279.793*365 / 4
=3.52

* 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 3.52 mean?
Metal Coatings (India) (BOM:531810) has a Days Payable of 3.52 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 Metal Coatings (India) and its competitors. This is 212% above median its historical median of 1.13. Over the past decade, Metal Coatings (India)'s Days Payable has ranged from 0.68 to 8.20. According to the industry distribution chart, Metal Coatings (India) ranks #555 out of 598 companies in the Steel industry, placing it in the top 92.8%.
Is Metal Coatings (India)'s Days Payable too high?
Metal Coatings (India)'s current Days Payable of 3.52 is 212% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 8.20. The Steel industry median Days Payable is 41.37. Metal Coatings (India)'s value of 3.52 is 91.5% below this industry median. Based on the distribution chart, Metal Coatings (India) ranks #555 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Metal Coatings (India) has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metal Coatings (India)'s Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Metal Coatings (India) ranks #555 out of 598 companies for Days Payable. This places Metal Coatings (India) in the lower half of its industry. The industry median Days Payable is 41.37. Metal Coatings (India)'s value of 3.52 is 91.5% below this benchmark. Historically, Metal Coatings (India)'s own Days Payable has ranged from 0.68 to 8.20 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 41.37, Metal Coatings (India) 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. Metal Coatings (India)'s current Days Payable of 3.52 is 91.5% 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 Metal Coatings (India) 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. Metal Coatings (India)'s current Days Payable is 3.52, which is 212% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metal Coatings (India) stock overvalued right now?
Based on GuruFocus' analysis, Metal Coatings (India) (BOM:531810) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹75.86, compared to a current price of ₹51.53 — trading 32.1% below its estimated fair value. The current Days Payable is 3.52, which is 212% above median its 10-year median of 1.13 and 91.5% below the Steel industry median of 41.37. Metal Coatings (India)'s overall GF Score™ is 70/100 with 3 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 Metal Coatings (India) (BOM:531810), the current Days Payable is 3.52 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 Metal Coatings (India) (BOM:531810) Overvalued in 2026?

Based on GuruFocus' analysis, Metal Coatings (India) stock appears to be undervalued. The current stock price of ₹51.53 is trading 32.1% below its estimated GF Value™ of ₹75.86. GuruFocus considers Metal Coatings (India) to be Significantly Undervalued.

Key valuation signals for BOM:531810:

  • Days Payable: 3.52 (212% above median its 10-year median of 1.13)
  • GF Value™: ₹75.86 vs. price of ₹51.53 (32.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 91.5% below the Steel median (#555 of 598)

No single metric tells the full story. See the BOM:531810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metal Coatings (India) Business Description

Address 912, Hemkunt Chambers, 89, Nehru Place, New Delhi, IND, 110019
Metal Coatings (India) Ltd is an Indian based company engaged in the manufacturing and sale of steel products. The company operates in single segment, i.e. iron & steel. Its products include cold rolled steel strips, hot rolled pickled oiled coils/strips, cold rolled flat wire strips, and galvanized wire and galvanized strips. These products are used by a wide range of user industries such as auto component, white goods and electrical equipment, and others.
70GF Score

Get the complete analysis for BOM:531810

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

₹51.53
Price
₹75.86
GF Value