Amreli Steels (KAR:ASTL) Days Payable: 18.86 (As of Mar. 2026) — 16% Below Median


KAR:ASTL Amreli Steels Ltd KAR:ASTL
48 GF Score
Price ₨16.36
GF Value ₨9.87
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Amreli Steels Days Payable?

Amreli Steels KAR:ASTL 48 Days Payable is 18.86 as of Mar. 2026, which is 16% below its 10-year median of 22.32. GuruFocus rates KAR:ASTL with a GF Score™ of 48/100 and a GF Value™ of ₨9.87 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 598 Steel companies, Amreli Steels ranks worse than 73.24% on this metric.

Amreli Steels's average Accounts Payable for the three months ended in Mar. 2026 was ₨1,097 Mil. Amreli Steels's Cost of Goods Sold for the three months ended in Mar. 2026 was ₨5,305 Mil. Hence, Amreli Steels's Days Payable for the three months ended in Mar. 2026 was 18.86.

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

KAR:ASTL' s Days Payable Range Over the Past 10 Years
Min: 2.44   Med: 22.32   Max: 39.32
Current: 23.73

During the past 13 years, Amreli Steels's highest Days Payable was 39.32. The lowest was 2.44. And the median was 22.32.

KAR:ASTL's Days Payable is ranked worse than
73.24% of 598 companies
in the Steel industry
Industry Median: 41.385 vs KAR:ASTL: 23.73

Amreli Steels's Days Payable declined from Mar. 2025 (23.47) to Mar. 2026 (18.86). It may suggest that Amreli Steels accelerated paying its suppliers.


Amreli Steels Days Payable Historical Data

* Premium members only.

The historical data trend for Amreli 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.

Amreli Steels Days Payable Chart

Amreli Steels Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 11.92 32.11 26.69 24.70

Amreli Steels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.47 25.15 33.13 23.40 18.86

KAR:ASTL vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Amreli 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.


Amreli Steels Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Amreli Steels's Days Payable distribution charts can be found below:

* The bar in red indicates where Amreli Steels's Days Payable falls into.


KAR:ASTL
48GF Score
Amreli Steels Ltd KAR:ASTL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Amreli 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.

Amreli Steels's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1325.929 + 840.818) / 2 ) / 16006.608*365
=1083.3735 / 16006.608*365
=24.70

Amreli Steels'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1219.851 + 973.458) / 2 ) / 5305.422*365 / 4
=1096.6545 / 5305.422*365 / 4
=18.86

* 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 18.86 mean?
Amreli Steels (KAR:ASTL) has a Days Payable of 18.86 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 Amreli Steels and its competitors. This is 16% below median its historical median of 22.32. Over the past decade, Amreli Steels' Days Payable has ranged from 2.44 to 39.32. According to the industry distribution chart, Amreli Steels ranks #438 out of 598 companies in the Steel industry, placing it in the top 73.2%.
Is Amreli Steels' Days Payable too high?
Amreli Steels' current Days Payable of 18.86 is 16% below median its 10-year median of 22.32. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 39.32. The Steel industry median Days Payable is 41.39. Amreli Steels' value of 18.86 is 54.4% below this industry median. Based on the distribution chart, Amreli Steels ranks #438 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Amreli Steels has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amreli Steels' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Amreli Steels ranks #438 out of 598 companies for Days Payable. This places Amreli Steels in the lower half of its industry. The industry median Days Payable is 41.39. Amreli Steels' value of 18.86 is 54.4% below this benchmark. Historically, Amreli Steels' own Days Payable has ranged from 2.44 to 39.32 over the past decade. While the company's 10-year median is 22.32 vs. the industry median of 41.39, Amreli 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 41.39, 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. Amreli Steels's current Days Payable of 18.86 is 54.4% 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 Amreli Steels and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amreli Steels's current Days Payable is 18.86, which is 16% below median its own 10-year median of 22.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amreli Steels stock overvalued right now?
Based on GuruFocus' analysis, Amreli Steels (KAR:ASTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨9.87, compared to a current price of ₨16.36 — trading 65.8% above its estimated fair value. The current Days Payable is 18.86, which is 16% below median its 10-year median of 22.32 and 54.4% below the Steel industry median of 41.39. Amreli Steels' overall GF Score™ is 48/100 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 Amreli Steels (KAR:ASTL), the current Days Payable is 18.86 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 Amreli Steels (KAR:ASTL) Overvalued in 2026?

Based on GuruFocus' analysis, Amreli Steels stock appears to be overvalued. The current stock price of ₨16.36 is trading 65.8% above its estimated GF Value™ of ₨9.87. GuruFocus considers Amreli Steels to be Significantly Overvalued.

Key valuation signals for KAR:ASTL:

  • Days Payable: 18.86 (16% below median its 10-year median of 22.32)
  • GF Value™: ₨9.87 vs. price of ₨16.36 (65.8% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 54.4% below the Steel median (#438 of 598)

No single metric tells the full story. See the KAR:ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amreli Steels Business Description

Address KDA Scheme 5, Plot No. HC-3, Block No. 4, 14th Floor, Sky Tower, West Wing, Tower-A, Clifton, Karachi, PAK, 75730
Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and others. The majority of the firm's revenue is derived from Pakistan.
48GF Score

Get the complete analysis for KAR:ASTL

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨16.36
Price
₨9.87
GF Value