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MPK Steels (I)BOM:544553 -1.01%15 Days Payable is 37.68 as of Mar. 2026, which is 3% above its 10-year median of 36.72. GuruFocus rates BOM:544553 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 598 Steel companies, MPK Steels (I) ranks better than 74.75% on this metric.
The historical rank and industry rank for MPK Steels (I)'s Days Payable or its related term are showing as below:
BOM:544553'
s Days Payable Range Over the Past 10 Years
Min: 34.26 Med: 36.72 Max: 75.36
Current: 75.36
During the past 4 years, MPK Steels (I)'s highest Days Payable was 75.36. The lowest was 34.26. And the median was 36.72.
BOM:544553's Days Payable is ranked better than 74.75% of 598
companies
in the Steel industry
Industry Median: 41.31
vs BOM:544553: 75.36
MPK Steels (I)'s Days Payable
increased
from Mar. 2024 (0.00) to Mar. 2026 (37.68).
It may suggest that MPK Steels (I)delayed paying its suppliers.
MPK Steels (I) Days Payable Related Terms
MPK Steels (I) Days Payable Historical Data
* Premium members only.
The historical data trend for MPK Steels (I)'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.
MPK Steels (I) Days Payable Chart
MPK Steels (I) Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Days Payable
35.42
34.26
38.01
48.51
MPK Steels (I) Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Days Payable
0.00
0.00
39.78
37.68
BOM:544553 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, MPK Steels (I)'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.
MPK Steels (I) Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, MPK Steels (I)'s Days Payable distribution charts can be found below:
* The bar in red indicates where MPK Steels (I)'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.
MPK Steels (I)'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.
MPK Steels (I) (BOM:544553) has a Days Payable of 37.68 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 MPK Steels (I) and its competitors. This is near median its historical median of 36.72. Over the past decade, MPK Steels (I)'s Days Payable has ranged from 34.26 to 75.36. According to the industry distribution chart, MPK Steels (I) ranks #151 out of 598 companies in the Steel industry, placing it in the top 25.3%.
Is MPK Steels (I)'s Days Payable too high?
MPK Steels (I)'s current Days Payable of 37.68 is near median its 10-year median of 36.72. Over the past 10 years, this metric has ranged from a low of 34.26 to a high of 75.36. The Steel industry median Days Payable is 41.31. MPK Steels (I)'s value of 37.68 is 8.8% below this industry median. Based on the distribution chart, MPK Steels (I) ranks #151 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, MPK Steels (I) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does MPK Steels (I)'s Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, MPK Steels (I) ranks #151 out of 598 companies for Days Payable. This puts MPK Steels (I) in the upper half of its industry. The industry median Days Payable is 41.31. MPK Steels (I)'s value of 37.68 is 8.8% below this benchmark. Historically, MPK Steels (I)'s own Days Payable has ranged from 34.26 to 75.36 over the past decade. While the company's 10-year median is 36.72 vs. the industry median of 41.31, MPK Steels (I) 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 41.31, 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. MPK Steels (I)'s current Days Payable of 37.68 is 8.8% 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 MPK Steels (I) 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. MPK Steels (I)'s current Days Payable is 37.68, which is near median its own 10-year median of 36.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPK Steels (I) stock overvalued right now?
MPK Steels (I) (BOM:544553) has a current Days Payable of 37.68. The current Days Payable is 37.68, which is near median its 10-year median of 36.72 and 8.8% below the Steel industry median of 41.31. MPK Steels (I)'s overall GF Score™ is 15/100 with 3 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 MPK Steels (I) (BOM:544553), the current Days Payable is 37.68 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.
MPK Steels (I) Ltd is a manufacturer of general-purpose structural steel products, specializing in providing high-quality solutions for a wide range of industries such as Railways, Telecom Industries, State Electricity Boards, Power & Energy Industries, Automotive Industry, Offshore Structures, Construction Industries, Fabrication Industries, Auto Body Builders, Infrastructural Development Authorities. The company is well-equipped to manufacture and trade a wide range of structural steel products, including M.S. Channel, M.S. Joist/Beam, M.S. Angle, M.S. Square Bar, M.S. Round Bar, and M.S. Flat where M.S. Channels generate the majority of its revenue and play a pivotal role in driving the success of its business.
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