Gallard Steel (BOM:544616) Days Payable: 46.91 (As of Mar. 2026) — 33% Below Median

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BOM:544616 Gallard Steel Ltd BOM:544616
20 GF Score
Price ₹161.50
! 2 Warning Signs
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What is Gallard Steel Days Payable?

Gallard Steel BOM:544616 +6.32% 20 Days Payable is 46.91 as of Mar. 2026, which is 33% below its 10-year median of 70.42. GuruFocus rates BOM:544616 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 970 Transportation companies, Gallard Steel ranks better than 59.38% on this metric.

Gallard Steel's average Accounts Payable for the six months ended in Mar. 2026 was ₹51.5 Mil. Gallard Steel's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹200.3 Mil. Hence, Gallard Steel's Days Payable for the six months ended in Mar. 2026 was 46.91.

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

BOM:544616' s Days Payable Range Over the Past 10 Years
Min: 48.4   Med: 70.42   Max: 84.42
Current: 48.4

During the past 4 years, Gallard Steel's highest Days Payable was 84.42. The lowest was 48.40. And the median was 70.42.

BOM:544616's Days Payable is ranked better than
59.38% of 970 companies
in the Transportation industry
Industry Median: 38.62 vs BOM:544616: 48.40

Gallard Steel's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (46.91). It may suggest that Gallard Steel delayed paying its suppliers.


Gallard Steel Days Payable Historical Data

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The historical data trend for Gallard Steel'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.

Gallard Steel Days Payable Chart

Gallard Steel Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
68.91 84.42 71.92 55.42

Gallard Steel Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Payable 0.00 0.00 0.00 43.21 46.91

BOM:544616 vs UNP, CSX, NSC: Days Payable Comparison

For the Railroads subindustry, Gallard Steel'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.


Gallard Steel Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Gallard Steel's Days Payable distribution charts can be found below:

* The bar in red indicates where Gallard Steel's Days Payable falls into.


BOM:544616
20GF Score
Gallard Steel Ltd BOM:544616
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gallard Steel 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.

Gallard Steel'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
=( (72.798 + 61.355) / 2 ) / 441.805*365
=67.0765 / 441.805*365
=55.42

Gallard Steel'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (41.588 + 61.355) / 2 ) / 200.259*365 / 2
=51.4715 / 200.259*365 / 2
=46.91

* 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 46.91 mean?
Gallard Steel (BOM:544616) has a Days Payable of 46.91 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 Gallard Steel and its competitors. This is 33% below median its historical median of 70.42. Over the past decade, Gallard Steel's Days Payable has ranged from 48.40 to 84.42. According to the industry distribution chart, Gallard Steel ranks #394 out of 970 companies in the Transportation industry, placing it in the top 40.6%.
Is Gallard Steel's Days Payable too high?
Gallard Steel's current Days Payable of 46.91 is 33% below median its 10-year median of 70.42. Over the past 10 years, this metric has ranged from a low of 48.40 to a high of 84.42. The Transportation industry median Days Payable is 38.62. Gallard Steel's value of 46.91 is 21.5% above this industry median. Based on the distribution chart, Gallard Steel ranks #394 out of 970 companies in the Transportation industry, which is above the industry midpoint. Overall, Gallard Steel has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Gallard Steel's Days Payable compare to UNP and CSX?
According to the Transportation industry distribution chart, Gallard Steel ranks #394 out of 970 companies for Days Payable. This puts Gallard Steel in the upper half of its industry. The industry median Days Payable is 38.62. Gallard Steel's value of 46.91 is 21.5% above this benchmark. Historically, Gallard Steel's own Days Payable has ranged from 48.40 to 84.42 over the past decade. While the company's 10-year median is 70.42 vs. the industry median of 38.62, Gallard Steel 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 Transportation company?
The median Days Payable among Transportation companies is 38.62, based on 970 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. Gallard Steel's current Days Payable of 46.91 is 21.5% 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 Gallard Steel and its competitors. For the Transportation industry, the median Days Payable is 38.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gallard Steel's current Days Payable is 46.91, which is 33% below median its own 10-year median of 70.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gallard Steel stock overvalued right now?
Gallard Steel (BOM:544616) has a current Days Payable of 46.91. The current Days Payable is 46.91, which is 33% below median its 10-year median of 70.42 and 21.5% above the Transportation industry median of 38.62. Gallard Steel's overall GF Score™ is 20/100 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 Gallard Steel (BOM:544616), the current Days Payable is 46.91 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.

Gallard Steel Business Description

Address Sukh Sneh apartments, plot no. 168-M, G-1, Khatiwala tank, Indore, MP, IND, 452-014
Gallard Steel Ltd is an engineering company engaged in the manufacturing of ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation, and allied industries. The company's product portfolio includes critical components such as traction motor components and bogie assembly components for the railway sector, sub-assemblies for thermal and hydro turbines used in the power generation sector, and components for industrial machinery, equipment, and the defence sector. It derives a majority portion of the revenue from the sale of traction motors and bogie assembly components to the railway sector.
20GF Score

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