Steel Exchange IndiaBOM:534748 -1.09%59 Days Payable is 48.49 as of Mar. 2026, which is 8% below its 10-year median of 52.52. GuruFocus rates BOM:534748 with a GF Score™ of 59/100 and a GF Value™ of ₹8.31 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 597 Steel companies, Steel Exchange India ranks better than 71.36% on this metric.
The historical rank and industry rank for Steel Exchange India's Days Payable or its related term are showing as below:
BOM:534748'
s Days Payable Range Over the Past 10 Years
Min: 33.27 Med: 52.52 Max: 108.31
Current: 69.09
During the past 13 years, Steel Exchange India's highest Days Payable was 108.31. The lowest was 33.27. And the median was 52.52.
BOM:534748's Days Payable is ranked better than 71.36% of 597
companies
in the Steel industry
Industry Median: 41.39
vs BOM:534748: 69.09
Steel Exchange India's Days Payable
declined
from Mar. 2025 (57.06) to Mar. 2026 (48.49).
It may suggest that Steel Exchange Indiaaccelerated paying its suppliers.
Steel Exchange India Days Payable Related Terms
Steel Exchange India Days Payable Historical Data
* Premium members only.
The historical data trend for Steel Exchange 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.
BOM:534748 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Steel Exchange 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.
Steel Exchange India Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Exchange India's Days Payable distribution charts can be found below:
* The bar in red indicates where Steel Exchange India'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.
Steel Exchange India'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.
Steel Exchange India (BOM:534748) has a Days Payable of 48.49 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 Steel Exchange India and its competitors. This is near median its historical median of 52.52. Over the past decade, Steel Exchange India's Days Payable has ranged from 33.27 to 108.31. According to the industry distribution chart, Steel Exchange India ranks #171 out of 597 companies in the Steel industry, placing it in the top 28.6%.
Is Steel Exchange India's Days Payable too high?
Steel Exchange India's current Days Payable of 48.49 is near median its 10-year median of 52.52. Over the past 10 years, this metric has ranged from a low of 33.27 to a high of 108.31. The Steel industry median Days Payable is 41.39. Steel Exchange India's value of 48.49 is 17.2% above this industry median. Based on the distribution chart, Steel Exchange India ranks #171 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Steel Exchange India has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Exchange India's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Steel Exchange India ranks #171 out of 597 companies for Days Payable. This puts Steel Exchange India in the upper half of its industry. The industry median Days Payable is 41.39. Steel Exchange India's value of 48.49 is 17.2% above this benchmark. Historically, Steel Exchange India's own Days Payable has ranged from 33.27 to 108.31 over the past decade. While the company's 10-year median is 52.52 vs. the industry median of 41.39, Steel Exchange India 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. Steel Exchange India's current Days Payable of 48.49 is 17.2% 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 Steel Exchange India 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. Steel Exchange India's current Days Payable is 48.49, which is near median its own 10-year median of 52.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Exchange India stock overvalued right now?
Based on GuruFocus' analysis, Steel Exchange India (BOM:534748) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.31, compared to a current price of ₹12.66 — trading 52.3% above its estimated fair value. The current Days Payable is 48.49, which is near median its 10-year median of 52.52 and 17.2% above the Steel industry median of 41.39. Steel Exchange India's overall GF Score™ is 59/100 with 7 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 Steel Exchange India (BOM:534748), the current Days Payable is 48.49 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 Steel Exchange India (BOM:534748) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Exchange India stock appears to be overvalued.
The current stock price of ₹12.66 is trading 52.3% above its estimated GF Value™ of ₹8.31.
GuruFocus considers Steel Exchange India to be Significantly Overvalued.
Key valuation signals for BOM:534748:
Days Payable: 48.49 (near median its 10-year median of 52.52)
GF Value™: ₹8.31 vs. price of ₹12.66 (52.3% above fair value)
Industry Position: 17.2% above the Steel median (#171 of 597)
No single metric tells the full story. See the BOM:534748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. The company operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company, namely TMT bars, Sponge Iron, and Steel billet, and is marketed in some of the coastal regions. The company generates the majority of its revenue from the Iron and steel segment.
59GF Score
Get the complete analysis for BOM:534748
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:534748 has been successfully added to your 
