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NeueonBOM:532887 -4.97%17 Days Payable is 8.34 as of Mar. 2026, which is 99% below its 10-year median of 1,661.97. GuruFocus rates BOM:532887 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 598 Steel companies, Neueon ranks better than 96.99% on this metric.
Neueon's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹1.9 Mil. Neueon's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹20.5 Mil.
Hence, Neueon's Days Payable for the
three
months ended in Mar. 2026 was 8.34.
The historical rank and industry rank for Neueon's Days Payable or its related term are showing as below:
BOM:532887'
s Days Payable Range Over the Past 10 Years
Min: 196.15 Med: 1661.97 Max: 144019.32
Current: 338.53
During the past 13 years, Neueon's highest Days Payable was 144019.32. The lowest was 196.15. And the median was 1661.97.
BOM:532887's Days Payable is ranked better than 96.99% of 598
companies
in the Steel industry
Industry Median: 41.385
vs BOM:532887: 338.53
Neueon's Days Payable
declined
from Mar. 2025 (293.65) to Mar. 2026 (8.34).
It may suggest that Neueonaccelerated paying its suppliers.
Neueon Days Payable Related Terms
Neueon Days Payable Historical Data
* Premium members only.
The historical data trend for Neueon'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:532887 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Neueon'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.
Neueon Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Neueon's Days Payable distribution charts can be found below:
* The bar in red indicates where Neueon'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.
Neueon'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.
Neueon (BOM:532887) has a Days Payable of 8.34 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 Neueon and its competitors. This is 99% below median its historical median of 1,661.97. Over the past decade, Neueon's Days Payable has ranged from 196.15 to 144,019.32. According to the industry distribution chart, Neueon ranks #18 out of 598 companies in the Steel industry, placing it in the top 3%.
Is Neueon's Days Payable too high?
Neueon's current Days Payable of 8.34 is 99% below median its 10-year median of 1,661.97. Over the past 10 years, this metric has ranged from a low of 196.15 to a high of 144,019.32. The Steel industry median Days Payable is 41.39. Neueon's value of 8.34 is 79.8% below this industry median. Based on the distribution chart, Neueon ranks #18 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Neueon has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Neueon's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Neueon ranks #18 out of 598 companies for Days Payable. This places Neueon in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Neueon's value of 8.34 is 79.8% below this benchmark. Historically, Neueon's own Days Payable has ranged from 196.15 to 144,019.32 over the past decade. While the company's 10-year median is 1,661.97 vs. the industry median of 41.39, Neueon 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 41.39, 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. Neueon's current Days Payable of 8.34 is 79.8% 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 Neueon 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. Neueon's current Days Payable is 8.34, which is 99% below median its own 10-year median of 1,661.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neueon stock overvalued right now?
Neueon (BOM:532887) has a current Days Payable of 8.34. The current Days Payable is 8.34, which is 99% below median its 10-year median of 1,661.97 and 79.8% below the Steel industry median of 41.39. Neueon's overall GF Score™ is 17/100 with 4 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 Neueon (BOM:532887), the current Days Payable is 8.34 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.
Neueon Corp Ltd is engaged in the area of manufacturing Towers & Transmission related verticals/products. The company is also engaged in transforming steel from a commodity and product into a service, and leveraging the Group's excellence in the production of quality long steel. The company's products and services include Products & Services Solar Panel and Services, Turnkey Services, and Engineering procurement and construction (EPC).
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