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BSRM SteelsDHA:BSRMSTEEL -1.79%90 Days Payable is 3.93 as of Mar. 2026, which is 36% below its 10-year median of 6.17. GuruFocus rates DHA:BSRMSTEEL with a GF Score™ of 90/100 and a GF Value™ of BDT89.03 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 598 Steel companies, BSRM Steels ranks worse than 95.65% on this metric.
BSRM Steels's average Accounts Payable for the
three
months ended in Mar. 2026 was BDT1,578 Mil. BSRM Steels's Cost of Goods Sold for the
three
months ended in Mar. 2026 was BDT36,652 Mil.
Hence, BSRM Steels's Days Payable for the
three
months ended in Mar. 2026 was 3.93.
The historical rank and industry rank for BSRM Steels's Days Payable or its related term are showing as below:
DHA:BSRMSTEEL'
s Days Payable Range Over the Past 10 Years
Min: 1.11 Med: 6.17 Max: 30.28
Current: 5.56
During the past 13 years, BSRM Steels's highest Days Payable was 30.28. The lowest was 1.11. And the median was 6.17.
DHA:BSRMSTEEL's Days Payable is ranked worse than 95.65% of 598
companies
in the Steel industry
Industry Median: 41.37
vs DHA:BSRMSTEEL: 5.56
BSRM Steels's Days Payable
declined
from Mar. 2025 (5.25) to Mar. 2026 (3.93).
It may suggest that BSRM Steelsaccelerated paying its suppliers.
BSRM Steels Days Payable Related Terms
BSRM Steels Days Payable Historical Data
* Premium members only.
The historical data trend for BSRM Steels'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.
DHA:BSRMSTEEL vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, BSRM 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.
BSRM Steels Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, BSRM Steels's Days Payable distribution charts can be found below:
* The bar in red indicates where BSRM Steels'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.
BSRM Steels's Days Payable for the fiscal year that ended in Jun. 2025 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.
BSRM Steels (DHA:BSRMSTEEL) has a Days Payable of 3.93 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 BSRM Steels and its competitors. This is 36% below median its historical median of 6.17. Over the past decade, BSRM Steels' Days Payable has ranged from 1.11 to 30.28. According to the industry distribution chart, BSRM Steels ranks #572 out of 598 companies in the Steel industry, placing it in the top 95.7%.
Is BSRM Steels' Days Payable too high?
BSRM Steels' current Days Payable of 3.93 is 36% below median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 30.28. The Steel industry median Days Payable is 41.37. BSRM Steels' value of 3.93 is 90.5% below this industry median. Based on the distribution chart, BSRM Steels ranks #572 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, BSRM Steels has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BSRM Steels' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, BSRM Steels ranks #572 out of 598 companies for Days Payable. This places BSRM Steels in the lower half of its industry. The industry median Days Payable is 41.37. BSRM Steels' value of 3.93 is 90.5% below this benchmark. Historically, BSRM Steels' own Days Payable has ranged from 1.11 to 30.28 over the past decade. While the company's 10-year median is 6.17 vs. the industry median of 41.37, BSRM Steels 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 41.37, 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. BSRM Steels's current Days Payable of 3.93 is 90.5% 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 BSRM 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. BSRM Steels's current Days Payable is 3.93, which is 36% below median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSRM Steels stock overvalued right now?
Based on GuruFocus' analysis, BSRM Steels (DHA:BSRMSTEEL) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT89.03, compared to a current price of BDT99.00 — trading 11.2% above its estimated fair value. The current Days Payable is 3.93, which is 36% below median its 10-year median of 6.17 and 90.5% below the Steel industry median of 41.37. BSRM Steels' overall GF Score™ is 90/100 with 9 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 BSRM Steels (DHA:BSRMSTEEL), the current Days Payable is 3.93 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 BSRM Steels (DHA:BSRMSTEEL) Overvalued in 2026?
Based on GuruFocus' analysis, BSRM Steels stock appears to be overvalued.
The current stock price of BDT99.00 is trading 11.2% above its estimated GF Value™ of BDT89.03.
GuruFocus considers BSRM Steels to be Modestly Overvalued.
Key valuation signals for DHA:BSRMSTEEL:
Days Payable: 3.93 (36% below median its 10-year median of 6.17)
GF Value™: BDT89.03 vs. price of BDT99.00 (11.2% above fair value)
Industry Position: 90.5% below the Steel median (#572 of 598)
No single metric tells the full story. See the DHA:BSRMSTEEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BSRM Steels Ltd is a steel manufacturing company. The firm has two reportable segments namely M.S Rod and M.S Billets. The M.S Rod segment produces different graded Rod and sells the same to several dealers, end-users, other corporate users, Government projects, etc. The M.S Billets segment produces different graded Billets and uses them for the production of M.S Rod.
90GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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