* 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.
KAR:MUGHAL vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Mughal Iron & Steel Industries'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.
Mughal Iron & Steel Industries Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Mughal Iron & Steel Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Mughal Iron & Steel Industries's Days Payable falls into.
Mughal Iron & Steel Industries 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.
Mughal Iron & Steel Industries (KAR:MUGHAL) has a Days Payable of 27.21 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 Mughal Iron & Steel Industries and its competitors. This is 361% above median its historical median of 5.90. Over the past decade, Mughal Iron & Steel Industries' Days Payable has ranged from 1.05 to 26.75. According to the industry distribution chart, Mughal Iron & Steel Industries ranks #416 out of 598 companies in the Steel industry, placing it in the top 69.6%.
Is Mughal Iron & Steel Industries' Days Payable too high?
Mughal Iron & Steel Industries' current Days Payable of 27.21 is 361% above median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 26.75. The Steel industry median Days Payable is 41.39. Mughal Iron & Steel Industries' value of 27.21 is 34.3% below this industry median. Based on the distribution chart, Mughal Iron & Steel Industries ranks #416 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Mughal Iron & Steel Industries has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mughal Iron & Steel Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mughal Iron & Steel Industries ranks #416 out of 598 companies for Days Payable. This places Mughal Iron & Steel Industries in the lower half of its industry. The industry median Days Payable is 41.39. Mughal Iron & Steel Industries' value of 27.21 is 34.3% below this benchmark. Historically, Mughal Iron & Steel Industries' own Days Payable has ranged from 1.05 to 26.75 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 41.39, Mughal Iron & Steel Industries 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. Mughal Iron & Steel Industries's current Days Payable of 27.21 is 34.3% 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 Mughal Iron & Steel Industries 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. Mughal Iron & Steel Industries's current Days Payable is 27.21, which is 361% above median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mughal Iron & Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries (KAR:MUGHAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨70.13, compared to a current price of ₨89.84 — trading 28.1% above its estimated fair value. The current Days Payable is 27.21, which is 361% above median its 10-year median of 5.90 and 34.3% below the Steel industry median of 41.39. Mughal Iron & Steel Industries' overall GF Score™ is 90/100 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 Mughal Iron & Steel Industries (KAR:MUGHAL), the current Days Payable is 27.21 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 Mughal Iron & Steel Industries (KAR:MUGHAL) Overvalued in 2026?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries stock appears to be overvalued.
The current stock price of ₨89.84 is trading 28.1% above its estimated GF Value™ of ₨70.13.
GuruFocus considers Mughal Iron & Steel Industries to be Modestly Overvalued.
Key valuation signals for KAR:MUGHAL:
Days Payable: 27.21 (361% above median its 10-year median of 5.90)
GF Value™: ₨70.13 vs. price of ₨89.84 (28.1% above fair value)
Industry Position: 34.3% below the Steel median (#416 of 598)
No single metric tells the full story. See the KAR:MUGHAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mughal Iron & Steel Industries Business Description
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous, Non-Ferrous, and the Energy segment. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots, and Copper granules.
90GF Score
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