Tata SteelLSE:TTST +0.49%77 Days Payable is 121.37 as of Mar. 2026, which is 24% above its 10-year median of 97.78. GuruFocus rates LSE:TTST with a GF Score™ of 77/100 and a GF Value™ of $17.68 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 598 Steel companies, Tata Steel ranks better than 87.63% on this metric.
Tata Steel's average Accounts Payable for the
three
months ended in Mar. 2026 was $3,750 Mil. Tata Steel's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $2,820 Mil.
Hence, Tata Steel's Days Payable for the
three
months ended in Mar. 2026 was 121.37.
The historical rank and industry rank for Tata Steel's Days Payable or its related term are showing as below:
LSE:TTST'
s Days Payable Range Over the Past 10 Years
Min: 88.27 Med: 97.78 Max: 128.27
Current: 122.43
During the past 13 years, Tata Steel's highest Days Payable was 128.27. The lowest was 88.27. And the median was 97.78.
LSE:TTST's Days Payable is ranked better than 87.63% of 598
companies
in the Steel industry
Industry Median: 41.385
vs LSE:TTST: 122.43
Tata Steel's Days Payable
increased
from Mar. 2025 (50.66) to Mar. 2026 (121.37).
It may suggest that Tata Steeldelayed paying its suppliers.
Tata Steel Days Payable Related Terms
Tata Steel Days Payable Historical Data
* Premium members only.
The historical data trend for Tata 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.
LSE:TTST vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Tata 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.
Tata Steel Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Tata Steel's Days Payable distribution charts can be found below:
* The bar in red indicates where Tata Steel'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.
Tata Steel'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.
Tata Steel (LSE:TTST) has a Days Payable of 121.37 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 Tata Steel and its competitors. This is 24% above median its historical median of 97.78. Over the past decade, Tata Steel's Days Payable has ranged from 88.27 to 128.27. According to the industry distribution chart, Tata Steel ranks #74 out of 598 companies in the Steel industry, placing it in the top 12.4%.
Is Tata Steel's Days Payable too high?
Tata Steel's current Days Payable of 121.37 is 24% above median its 10-year median of 97.78. Over the past 10 years, this metric has ranged from a low of 88.27 to a high of 128.27. The Steel industry median Days Payable is 41.39. Tata Steel's value of 121.37 is 193.3% above this industry median. Based on the distribution chart, Tata Steel ranks #74 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tata Steel has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel ranks #74 out of 598 companies for Days Payable. This places Tata Steel in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Tata Steel's value of 121.37 is 193.3% above this benchmark. Historically, Tata Steel's own Days Payable has ranged from 88.27 to 128.27 over the past decade. While the company's 10-year median is 97.78 vs. the industry median of 41.39, Tata 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 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. Tata Steel's current Days Payable of 121.37 is 193.3% 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 Tata Steel 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. Tata Steel's current Days Payable is 121.37, which is 24% above median its own 10-year median of 97.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel (LSE:TTST) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.68, compared to a current price of $20.50 — trading 16% above its estimated fair value. The current Days Payable is 121.37, which is 24% above median its 10-year median of 97.78 and 193.3% above the Steel industry median of 41.39. Tata Steel's overall GF Score™ is 77/100 with 5 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 Tata Steel (LSE:TTST), the current Days Payable is 121.37 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 Tata Steel (LSE:TTST) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Steel stock appears to be overvalued.
The current stock price of $20.50 is trading 16% above its estimated GF Value™ of $17.68.
GuruFocus considers Tata Steel to be Modestly Overvalued.
Key valuation signals for LSE:TTST:
Days Payable: 121.37 (24% above median its 10-year median of 97.78)
GF Value™: $17.68 vs. price of $20.50 (16% above fair value)
Industry Position: 193.3% above the Steel median (#74 of 598)
No single metric tells the full story. See the LSE:TTST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Steel Ltd is an India-based company that is engaged in the production and marketing of various steel products. Its products are basically classified into flat products and construction products. Flat products include hot-rolled steel, cold-rolled steel, metallic-coated steel, direct-coated steel, tubes, packaging steel, electro-plated steel, and narrow strips. Its segments include Tata Steel India, Neelachal Ispat Nigam Limited, Other Indian operations, Tata Steel Europe, Other trade related operations, South-East Asian operations, and Rest of the world. It generates the majority of its revenue from the Tata Steel India segment.
77GF Score
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