Incredible Industries (BOM:538365) Days Payable: 6.14 (As of Mar. 2026) — 37% Below Median

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BOM:538365 Incredible Industries Ltd BOM:538365
75 GF Score
Price ₹33.70
GF Value ₹45.50
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Incredible Industries Days Payable?

Incredible Industries BOM:538365 +3.41% 75 Days Payable is 6.14 as of Mar. 2026, which is 37% below its 10-year median of 9.76. GuruFocus rates BOM:538365 with a GF Score™ of 75/100 and a GF Value™ of ₹45.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 598 Steel companies, Incredible Industries ranks worse than 94.82% on this metric.

Incredible Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹139 Mil. Incredible Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,066 Mil. Hence, Incredible Industries's Days Payable for the three months ended in Mar. 2026 was 6.14.

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

BOM:538365' s Days Payable Range Over the Past 10 Years
Min: 6.25   Med: 9.76   Max: 66.61
Current: 6.25

During the past 13 years, Incredible Industries's highest Days Payable was 66.61. The lowest was 6.25. And the median was 9.76.

BOM:538365's Days Payable is ranked worse than
94.82% of 598 companies
in the Steel industry
Industry Median: 41.37 vs BOM:538365: 6.25

Incredible Industries's Days Payable increased from Mar. 2025 (5.97) to Mar. 2026 (6.14). It may suggest that Incredible Industries delayed paying its suppliers.


Incredible Industries Days Payable Historical Data

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The historical data trend for Incredible 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.

Incredible Industries Days Payable Chart

Incredible 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 9.12 8.59 8.51 8.60 6.59

Incredible 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 5.97 6.34 5.48 6.40 6.14

BOM:538365 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Incredible 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.


Incredible Industries Days Payable vs Steel Industry

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

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


BOM:538365
75GF Score
Incredible Industries Ltd BOM:538365
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Incredible 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.

Incredible 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
=( (139.838 + 138.991) / 2 ) / 7722.929*365
=139.4145 / 7722.929*365
=6.59

Incredible 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 + 138.991) / 1 ) / 2065.707*365 / 4
=138.991 / 2065.707*365 / 4
=6.14

* 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 6.14 mean?
Incredible Industries (BOM:538365) has a Days Payable of 6.14 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 Incredible Industries and its competitors. This is 37% below median its historical median of 9.76. Over the past decade, Incredible Industries' Days Payable has ranged from 6.25 to 66.61. According to the industry distribution chart, Incredible Industries ranks #567 out of 598 companies in the Steel industry, placing it in the top 94.8%.
Is Incredible Industries' Days Payable too high?
Incredible Industries' current Days Payable of 6.14 is 37% below median its 10-year median of 9.76. Over the past 10 years, this metric has ranged from a low of 6.25 to a high of 66.61. The Steel industry median Days Payable is 41.37. Incredible Industries' value of 6.14 is 85.2% below this industry median. Based on the distribution chart, Incredible Industries ranks #567 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Incredible Industries has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Incredible Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Incredible Industries ranks #567 out of 598 companies for Days Payable. This places Incredible Industries in the lower half of its industry. The industry median Days Payable is 41.37. Incredible Industries' value of 6.14 is 85.2% below this benchmark. Historically, Incredible Industries' own Days Payable has ranged from 6.25 to 66.61 over the past decade. While the company's 10-year median is 9.76 vs. the industry median of 41.37, Incredible 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. Incredible Industries's current Days Payable of 6.14 is 85.2% 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 Incredible 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. Incredible Industries's current Days Payable is 6.14, which is 37% below median its own 10-year median of 9.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incredible Industries stock overvalued right now?
Based on GuruFocus' analysis, Incredible Industries (BOM:538365) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹45.50, compared to a current price of ₹33.70 — trading 25.9% below its estimated fair value. The current Days Payable is 6.14, which is 37% below median its 10-year median of 9.76 and 85.2% below the Steel industry median of 41.37. Incredible Industries' overall GF Score™ is 75/100 with 2 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 Incredible Industries (BOM:538365), the current Days Payable is 6.14 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 Incredible Industries (BOM:538365) Overvalued in 2026?

Based on GuruFocus' analysis, Incredible Industries stock appears to be undervalued. The current stock price of ₹33.70 is trading 25.9% below its estimated GF Value™ of ₹45.50. GuruFocus considers Incredible Industries to be Modestly Undervalued.

Key valuation signals for BOM:538365:

  • Days Payable: 6.14 (37% below median its 10-year median of 9.76)
  • GF Value™: ₹45.50 vs. price of ₹33.70 (25.9% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 85.2% below the Steel median (#567 of 598)

No single metric tells the full story. See the BOM:538365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Incredible Industries Business Description

Other Exchanges INCREDIBLE:India
Address 2/1A, Sarat Bose Road, Lansdowne Towers, Kolkata, WB, IND, 700020
Incredible Industries Ltd is engaged in the manufacturing and sale of iron and steel-related rolled products. It is engaged in the production of wire rods, H.B wire rods, and thermomechanically treated(TMT) bars which are mainly used in the construction and infrastructure as well as in the manufacturing units. The firm operates through the iron and steel products segment.
75GF Score

Get the complete analysis for BOM:538365

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

₹33.70
Price
₹45.50
GF Value