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* 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.
Mideast Integrated Steels Days Payable Competitor Comparison
For the Steel subindustry, Mideast Integrated Steels'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.
Mideast Integrated Steels Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Mideast Integrated Steels's Days Payable distribution charts can be found below:
* The bar in red indicates where Mideast Integrated Steels's Days Payable falls into.
Mideast Integrated Steels 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.
Mideast Integrated Steels'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.
Mideast Integrated Steels (BOM:540744) has a Days Payable of 99.26 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 Mideast Integrated Steels and its competitors. This is 32% below median its historical median of 145.53. Over the past decade, Mideast Integrated Steels' Days Payable has ranged from 88.38 to 511.65.
Is Mideast Integrated Steels' Days Payable too high?
Mideast Integrated Steels' current Days Payable of 99.26 is 32% below median its 10-year median of 145.53. Over the past 10 years, this metric has ranged from a low of 88.38 to a high of 511.65. The Steel industry median Days Payable is 41.37. Mideast Integrated Steels' value of 99.26 is 139.9% above this industry median. Overall, Mideast Integrated Steels has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Mideast Integrated Steels' Days Payable compare to competitors?
Mideast Integrated Steels' Days Payable of 99.26 can be compared against companies in the Steel industry. The industry median Days Payable is 41.37. Mideast Integrated Steels' value of 99.26 is 139.9% above this benchmark. Historically, Mideast Integrated Steels' own Days Payable has ranged from 88.38 to 511.65 over the past decade. While the company's 10-year median is 145.53 vs. the industry median of 41.37, Mideast Integrated Steels 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 41.37, 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. Mideast Integrated Steels's current Days Payable of 99.26 is 139.9% 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 Mideast Integrated Steels 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. Mideast Integrated Steels's current Days Payable is 99.26, which is 32% below median its own 10-year median of 145.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mideast Integrated Steels stock overvalued right now?
Mideast Integrated Steels (BOM:540744) has a current Days Payable of 99.26. The current Days Payable is 99.26, which is 32% below median its 10-year median of 145.53 and 139.9% above the Steel industry median of 41.37. Mideast Integrated Steels' overall GF Score™ is 4/100 with 5 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 Mideast Integrated Steels (BOM:540744), the current Days Payable is 99.26 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.
Mideast Integrated Steels Ltd is engaged in the business of the extraction of iron ore. The company operates through a single segment, namely the Iron and Steel business. It manufactures various products such as pig iron scrap, including plates, fines, and boulders, iron ore calibrated lump ores consisting of iron ore fines and screened lump, coke breeze, granulated slag, and lime slurry. In addition, it also offers repair services.
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