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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.
Ratnaveer Precision Engineering Days Payable Chart
BOM:543978 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Ratnaveer Precision Engineering'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.
Ratnaveer Precision Engineering Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Ratnaveer Precision Engineering's Days Payable distribution charts can be found below:
* The bar in red indicates where Ratnaveer Precision Engineering's Days Payable falls into.
Ratnaveer Precision Engineering 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.
* 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.
Ratnaveer Precision Engineering (BOM:543978) has a Days Payable of 77.05 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ratnaveer Precision Engineering and its competitors. This is 93% above median its historical median of 39.82. Over the past decade, Ratnaveer Precision Engineering's Days Payable has ranged from 28.61 to 78.49. According to the industry distribution chart, Ratnaveer Precision Engineering ranks #143 out of 598 companies in the Steel industry, placing it in the top 23.9%.
Is Ratnaveer Precision Engineering's Days Payable too high?
Ratnaveer Precision Engineering's current Days Payable of 77.05 is 93% above median its 10-year median of 39.82. Over the past 10 years, this metric has ranged from a low of 28.61 to a high of 78.49. The Steel industry median Days Payable is 41.37. Ratnaveer Precision Engineering's value of 77.05 is 86.2% above this industry median. Based on the distribution chart, Ratnaveer Precision Engineering ranks #143 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ratnaveer Precision Engineering has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratnaveer Precision Engineering's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Ratnaveer Precision Engineering ranks #143 out of 598 companies for Days Payable. This places Ratnaveer Precision Engineering in the top 24% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Ratnaveer Precision Engineering's value of 77.05 is 86.2% above this benchmark. Historically, Ratnaveer Precision Engineering's own Days Payable has ranged from 28.61 to 78.49 over the past decade. While the company's 10-year median is 39.82 vs. the industry median of 41.37, Ratnaveer Precision Engineering 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. Ratnaveer Precision Engineering's current Days Payable of 77.05 is 86.2% 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 Ratnaveer Precision Engineering 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. Ratnaveer Precision Engineering's current Days Payable is 77.05, which is 93% above median its own 10-year median of 39.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnaveer Precision Engineering stock overvalued right now?
Based on GuruFocus' analysis, Ratnaveer Precision Engineering (BOM:543978) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹180.23, compared to a current price of ₹205.85 — trading 14.2% above its estimated fair value. The current Days Payable is 77.05, which is 93% above median its 10-year median of 39.82 and 86.2% above the Steel industry median of 41.37. Ratnaveer Precision Engineering's overall GF Score™ is 65/100 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 Ratnaveer Precision Engineering (BOM:543978), the current Days Payable is 77.05 as of Jun. 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 Ratnaveer Precision Engineering (BOM:543978) Overvalued in 2026?
Based on GuruFocus' analysis, Ratnaveer Precision Engineering stock appears to be overvalued.
The current stock price of ₹205.85 is trading 14.2% above its estimated GF Value™ of ₹180.23.
GuruFocus considers Ratnaveer Precision Engineering to be Modestly Overvalued.
Key valuation signals for BOM:543978:
Days Payable: 77.05 (93% above median its 10-year median of 39.82)
GF Value™: ₹180.23 vs. price of ₹205.85 (14.2% above fair value)
Industry Position: 86.2% above the Steel median (#143 of 598)
No single metric tells the full story. See the BOM:543978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers, and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers. Geographically, the company derives a majority of its revenue from its customers within India, and the rest from countries like Germany, Italy, Sweden, Austria, France, and others through exports.
65GF Score
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