APL Apollo TubesNSE:APLAPOLLO +2.80%95 Days Payable is 41.02 as of Mar. 2026, which is 11% above its 10-year median of 37.02. GuruFocus rates NSE:APLAPOLLO with a GF Score™ of 95/100 and a GF Value™ of ₹2,085.73 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 597 Steel companies, APL Apollo Tubes ranks better than 52.6% on this metric.
The historical rank and industry rank for APL Apollo Tubes's Days Payable or its related term are showing as below:
NSE:APLAPOLLO'
s Days Payable Range Over the Past 10 Years
Min: 29.48 Med: 37.02 Max: 44.88
Current: 44.88
During the past 13 years, APL Apollo Tubes's highest Days Payable was 44.88. The lowest was 29.48. And the median was 37.02.
NSE:APLAPOLLO's Days Payable is ranked better than 52.6% of 597
companies
in the Steel industry
Industry Median: 41.39
vs NSE:APLAPOLLO: 44.88
APL Apollo Tubes's Days Payable
declined
from Mar. 2025 (43.48) to Mar. 2026 (41.02).
It may suggest that APL Apollo Tubesaccelerated paying its suppliers.
APL Apollo Tubes Days Payable Related Terms
APL Apollo Tubes Days Payable Historical Data
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The historical data trend for APL Apollo Tubes'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.
NSE:APLAPOLLO vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, APL Apollo Tubes'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.
APL Apollo Tubes Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, APL Apollo Tubes's Days Payable distribution charts can be found below:
* The bar in red indicates where APL Apollo Tubes'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.
APL Apollo Tubes'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.
APL Apollo Tubes (NSE:APLAPOLLO) has a Days Payable of 41.02 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 APL Apollo Tubes and its competitors. This is 11% above median its historical median of 37.02. Over the past decade, APL Apollo Tubes' Days Payable has ranged from 29.48 to 44.88. According to the industry distribution chart, APL Apollo Tubes ranks #283 out of 597 companies in the Steel industry, placing it in the top 47.4%.
Is APL Apollo Tubes' Days Payable too high?
APL Apollo Tubes' current Days Payable of 41.02 is 11% above median its 10-year median of 37.02. Over the past 10 years, this metric has ranged from a low of 29.48 to a high of 44.88. The Steel industry median Days Payable is 41.39. APL Apollo Tubes' value of 41.02 is 0.9% below this industry median. Based on the distribution chart, APL Apollo Tubes ranks #283 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, APL Apollo Tubes has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does APL Apollo Tubes' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, APL Apollo Tubes ranks #283 out of 597 companies for Days Payable. This puts APL Apollo Tubes in the upper half of its industry. The industry median Days Payable is 41.39. APL Apollo Tubes' value of 41.02 is 0.9% below this benchmark. Historically, APL Apollo Tubes' own Days Payable has ranged from 29.48 to 44.88 over the past decade. While the company's 10-year median is 37.02 vs. the industry median of 41.39, APL Apollo Tubes 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 597 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. APL Apollo Tubes's current Days Payable of 41.02 is 0.9% 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 APL Apollo Tubes 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. APL Apollo Tubes's current Days Payable is 41.02, which is 11% above median its own 10-year median of 37.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APL Apollo Tubes stock overvalued right now?
Based on GuruFocus' analysis, APL Apollo Tubes (NSE:APLAPOLLO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,085.73, compared to a current price of ₹1,835.90 — trading 12% below its estimated fair value. The current Days Payable is 41.02, which is 11% above median its 10-year median of 37.02 and 0.9% below the Steel industry median of 41.39. APL Apollo Tubes' overall GF Score™ is 95/100 with 1 warning sign 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 APL Apollo Tubes (NSE:APLAPOLLO), the current Days Payable is 41.02 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 APL Apollo Tubes (NSE:APLAPOLLO) Overvalued in 2026?
Based on GuruFocus' analysis, APL Apollo Tubes stock appears to be undervalued.
The current stock price of ₹1,835.90 is trading 12% below its estimated GF Value™ of ₹2,085.73.
GuruFocus considers APL Apollo Tubes to be Modestly Undervalued.
Key valuation signals for NSE:APLAPOLLO:
Days Payable: 41.02 (11% above median its 10-year median of 37.02)
GF Value™: ₹2,085.73 vs. price of ₹1,835.90 (12% below fair value)
Industry Position: 0.9% below the Steel median (#283 of 597)
No single metric tells the full story. See the NSE:APLAPOLLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APL Apollo Tubes Ltd is a manufacturer of steel pipes and tubes. Its multi-product offerings include Pre- Galvanized Tubes, Structural Steel Tubes, Galvanized Tubes, MS Black Pipes and Hollow Sections. It operates in a single segment, which is the business of production of ERW steel tubes. Geographically, it operates only in India.
95GF Score
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