Chennai Ferrous Industries (BOM:539011) Days Payable: 48.32 (As of Mar. 2026) — 79% Below Median

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BOM:539011 Chennai Ferrous Industries Ltd BOM:539011
75 GF Score
Price ₹80.99
GF Value ₹91.39
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Chennai Ferrous Industries Days Payable?

Chennai Ferrous Industries BOM:539011 +4.84% 75 Days Payable is 48.32 as of Mar. 2026, which is 79% below its 10-year median of 235.21. GuruFocus rates BOM:539011 with a GF Score™ of 75/100 and a GF Value™ of ₹91.39 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 598 Steel companies, Chennai Ferrous Industries ranks worse than 71.07% on this metric.

Chennai Ferrous Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹28 Mil. Chennai Ferrous Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹52 Mil. Hence, Chennai Ferrous Industries's Days Payable for the three months ended in Mar. 2026 was 48.32.

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

BOM:539011' s Days Payable Range Over the Past 10 Years
Min: 25.7   Med: 235.21   Max: 15612.3
Current: 25.7

During the past 13 years, Chennai Ferrous Industries's highest Days Payable was 15612.30. The lowest was 25.70. And the median was 235.21.

BOM:539011's Days Payable is ranked worse than
71.07% of 598 companies
in the Steel industry
Industry Median: 41.31 vs BOM:539011: 25.70

Chennai Ferrous Industries's Days Payable increased from Mar. 2025 (36.31) to Mar. 2026 (48.32). It may suggest that Chennai Ferrous Industries delayed paying its suppliers.


Chennai Ferrous Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Chennai Ferrous 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.

Chennai Ferrous Industries Days Payable Chart

Chennai Ferrous 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 155.94 154.68 151.32 27.85 36.41

Chennai Ferrous 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 36.31 31.36 2.42 0.00 48.32

BOM:539011 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Chennai Ferrous 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.


Chennai Ferrous Industries Days Payable vs Steel Industry

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

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


BOM:539011
75GF Score
Chennai Ferrous Industries Ltd BOM:539011
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chennai Ferrous 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.

Chennai Ferrous 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
=( (220.591 + 27.533) / 2 ) / 1243.674*365
=124.062 / 1243.674*365
=36.41

Chennai Ferrous 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 + 27.533) / 1 ) / 51.992*365 / 4
=27.533 / 51.992*365 / 4
=48.32

* 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 48.32 mean?
Chennai Ferrous Industries (BOM:539011) has a Days Payable of 48.32 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 Chennai Ferrous Industries and its competitors. This is 79% below median its historical median of 235.21. Over the past decade, Chennai Ferrous Industries' Days Payable has ranged from 25.70 to 15,612.30. According to the industry distribution chart, Chennai Ferrous Industries ranks #425 out of 598 companies in the Steel industry, placing it in the top 71.1%.
Is Chennai Ferrous Industries' Days Payable too high?
Chennai Ferrous Industries' current Days Payable of 48.32 is 79% below median its 10-year median of 235.21. Over the past 10 years, this metric has ranged from a low of 25.70 to a high of 15,612.30. The Steel industry median Days Payable is 41.31. Chennai Ferrous Industries' value of 48.32 is 17% above this industry median. Based on the distribution chart, Chennai Ferrous Industries ranks #425 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Chennai Ferrous 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 Chennai Ferrous Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Chennai Ferrous Industries ranks #425 out of 598 companies for Days Payable. This places Chennai Ferrous Industries in the lower half of its industry. The industry median Days Payable is 41.31. Chennai Ferrous Industries' value of 48.32 is 17% above this benchmark. Historically, Chennai Ferrous Industries' own Days Payable has ranged from 25.70 to 15,612.30 over the past decade. While the company's 10-year median is 235.21 vs. the industry median of 41.31, Chennai Ferrous Industries 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 41.31, 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. Chennai Ferrous Industries's current Days Payable of 48.32 is 17% 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 Chennai Ferrous Industries and its competitors. For the Steel industry, the median Days Payable is 41.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chennai Ferrous Industries's current Days Payable is 48.32, which is 79% below median its own 10-year median of 235.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chennai Ferrous Industries stock overvalued right now?
Based on GuruFocus' analysis, Chennai Ferrous Industries (BOM:539011) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹91.39, compared to a current price of ₹80.99 — trading 11.4% below its estimated fair value. The current Days Payable is 48.32, which is 79% below median its 10-year median of 235.21 and 17% above the Steel industry median of 41.31. Chennai Ferrous Industries' overall GF Score™ is 75/100 with 6 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 Chennai Ferrous Industries (BOM:539011), the current Days Payable is 48.32 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 Chennai Ferrous Industries (BOM:539011) Overvalued in 2026?

Based on GuruFocus' analysis, Chennai Ferrous Industries stock appears to be undervalued. The current stock price of ₹80.99 is trading 11.4% below its estimated GF Value™ of ₹91.39. GuruFocus considers Chennai Ferrous Industries to be Modestly Undervalued.

Key valuation signals for BOM:539011:

  • Days Payable: 48.32 (79% below median its 10-year median of 235.21)
  • GF Value™: ₹91.39 vs. price of ₹80.99 (11.4% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 17% above the Steel median (#425 of 598)

No single metric tells the full story. See the BOM:539011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chennai Ferrous Industries Business Description

Address Madharapakkam Road, Survey No.180-183,190 & 191, Periya Obulapuram Village, Nagaraja kandigai, Thiruvallur District, Gummidipoondi, TN, IND, 601 201
Chennai Ferrous Industries Ltd, incorporated in 2010 and based in Gummidipoondi, Tamil Nadu, India, is engaged in the trading of iron and coal-related products. The company also operates the rental of its sponge iron plant. Its business activities includes providing steel-related commodities and services for metallurgical and industrial applications. The company has diversified its operations into coal trading activities. Chennai Ferrous serves customers prominently in India. The Company's revenue has derived from coal trading activities, supplemented by lease rental income from its Sponge Iron Plant, which has been leased out.
75GF Score

Get the complete analysis for BOM:539011

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

₹80.99
Price
₹91.39
GF Value