Lesha Industries (BOM:533602) Days Payable: 17.62 (As of Mar. 2026) — 74% Below Median

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BOM:533602 Lesha Industries Ltd BOM:533602
44 GF Score
Price ₹0.78
GF Value ₹0.98
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Lesha Industries Days Payable?

Lesha Industries BOM:533602 +1.30% 44 Days Payable is 17.62 as of Mar. 2026, which is 74% below its 10-year median of 67.85. GuruFocus rates BOM:533602 with a GF Score™ of 44/100 and a GF Value™ of ₹0.98 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Lesha Industries ranks better than 60.7% on this metric.

Lesha Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹6.67 Mil. Lesha Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹34.51 Mil. Hence, Lesha Industries's Days Payable for the three months ended in Mar. 2026 was 17.62.

The historical rank and industry rank for Lesha Industries's Days Payable or its related term are showing as below:

BOM:533602' s Days Payable Range Over the Past 10 Years
Min: 8.53   Med: 67.85   Max: 2194.38
Current: 53.6

During the past 13 years, Lesha Industries's highest Days Payable was 2194.38. The lowest was 8.53. And the median was 67.85.

BOM:533602's Days Payable is ranked better than
60.7% of 598 companies
in the Steel industry
Industry Median: 41.37 vs BOM:533602: 53.60

Lesha Industries's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (17.62). It may suggest that Lesha Industries delayed paying its suppliers.


Lesha Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Lesha Industries'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.

Lesha Industries Days Payable Chart

Lesha Industries 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 78.81 115.88 68.11 67.58 53.60

Lesha Industries 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 0.00 0.00 0.00 0.00 17.62

BOM:533602 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Lesha 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.


Lesha Industries Days Payable vs Steel Industry

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

* The bar in red indicates where Lesha Industries's Days Payable falls into.


BOM:533602
44GF Score
Lesha Industries Ltd BOM:533602
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lesha Industries 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.

Lesha Industries'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
=( (0 + 6.665) / 1 ) / 45.385*365
=6.665 / 45.385*365
=53.60

Lesha Industries'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 + 6.665) / 1 ) / 34.507*365 / 4
=6.665 / 34.507*365 / 4
=17.62

* 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 17.62 mean?
Lesha Industries (BOM:533602) has a Days Payable of 17.62 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 Lesha Industries and its competitors. This is 74% below median its historical median of 67.85. Over the past decade, Lesha Industries' Days Payable has ranged from 8.53 to 2,194.38. According to the industry distribution chart, Lesha Industries ranks #235 out of 598 companies in the Steel industry, placing it in the top 39.3%.
Is Lesha Industries' Days Payable too high?
Lesha Industries' current Days Payable of 17.62 is 74% below median its 10-year median of 67.85. Over the past 10 years, this metric has ranged from a low of 8.53 to a high of 2,194.38. The Steel industry median Days Payable is 41.37. Lesha Industries' value of 17.62 is 57.4% below this industry median. Based on the distribution chart, Lesha Industries ranks #235 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Lesha Industries has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lesha Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Lesha Industries ranks #235 out of 598 companies for Days Payable. This puts Lesha Industries in the upper half of its industry. The industry median Days Payable is 41.37. Lesha Industries' value of 17.62 is 57.4% below this benchmark. Historically, Lesha Industries' own Days Payable has ranged from 8.53 to 2,194.38 over the past decade. While the company's 10-year median is 67.85 vs. the industry median of 41.37, Lesha Industries 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. Lesha Industries's current Days Payable of 17.62 is 57.4% 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 Lesha Industries 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. Lesha Industries's current Days Payable is 17.62, which is 74% below median its own 10-year median of 67.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lesha Industries stock overvalued right now?
Based on GuruFocus' analysis, Lesha Industries (BOM:533602) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.98, compared to a current price of ₹0.78 — trading 20.4% below its estimated fair value. The current Days Payable is 17.62, which is 74% below median its 10-year median of 67.85 and 57.4% below the Steel industry median of 41.37. Lesha Industries' overall GF Score™ is 44/100 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 Lesha Industries (BOM:533602), the current Days Payable is 17.62 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 Lesha Industries (BOM:533602) Overvalued in 2026?

Based on GuruFocus' analysis, Lesha Industries stock appears to be undervalued. The current stock price of ₹0.78 is trading 20.4% below its estimated GF Value™ of ₹0.98. GuruFocus considers Lesha Industries to be Modestly Undervalued.

Key valuation signals for BOM:533602:

  • Days Payable: 17.62 (74% below median its 10-year median of 67.85)
  • GF Value™: ₹0.98 vs. price of ₹0.78 (20.4% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 57.4% below the Steel median (#235 of 598)

No single metric tells the full story. See the BOM:533602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lesha Industries Business Description

Address Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006
Lesha Industries Ltd is an Indian based company engaged in the trading of various steel products, trading of goods, and dealing in Shares and securities. It earns revenue mainly from the sale of Steel products and Trading in goods. The business activities of the group are functioned through the segments, which include Steel, Trading of Goods, and Others. Geographically, activities are conducted through the region of India, and it derives the majority of the revenue from the trading of steel trading segment.
44GF Score

Get the complete analysis for BOM:533602

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

₹0.78
Price
₹0.98
GF Value