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Bansal Wire IndustriesNSE:BANSALWIRE -0.54%43 Days Payable is 38.54 as of Mar. 2026, which is 622% above its 10-year median of 5.34. GuruFocus rates NSE:BANSALWIRE with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 598 Steel companies, Bansal Wire Industries ranks worse than 64.55% on this metric.
* 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:BANSALWIRE vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Bansal Wire 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.
Bansal Wire Industries Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Bansal Wire Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Bansal Wire Industries'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.
Bansal Wire Industries'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.
Bansal Wire Industries (NSE:BANSALWIRE) has a Days Payable of 38.54 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 Bansal Wire Industries and its competitors. This is 622% above median its historical median of 5.34. Over the past decade, Bansal Wire Industries' Days Payable has ranged from 2.74 to 31.81. According to the industry distribution chart, Bansal Wire Industries ranks #386 out of 598 companies in the Steel industry, placing it in the top 64.5%.
Is Bansal Wire Industries' Days Payable too high?
Bansal Wire Industries' current Days Payable of 38.54 is 622% above median its 10-year median of 5.34. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 31.81. The Steel industry median Days Payable is 41.39. Bansal Wire Industries' value of 38.54 is 6.9% below this industry median. Based on the distribution chart, Bansal Wire Industries ranks #386 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Bansal Wire Industries has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Bansal Wire Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Bansal Wire Industries ranks #386 out of 598 companies for Days Payable. This places Bansal Wire Industries in the lower half of its industry. The industry median Days Payable is 41.39. Bansal Wire Industries' value of 38.54 is 6.9% below this benchmark. Historically, Bansal Wire Industries' own Days Payable has ranged from 2.74 to 31.81 over the past decade. While the company's 10-year median is 5.34 vs. the industry median of 41.39, Bansal Wire 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. Bansal Wire Industries's current Days Payable of 38.54 is 6.9% 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 Bansal Wire 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. Bansal Wire Industries's current Days Payable is 38.54, which is 622% above median its own 10-year median of 5.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bansal Wire Industries stock overvalued right now?
Bansal Wire Industries (NSE:BANSALWIRE) has a current Days Payable of 38.54. The current Days Payable is 38.54, which is 622% above median its 10-year median of 5.34 and 6.9% below the Steel industry median of 41.39. Bansal Wire Industries' overall GF Score™ is 43/100 with 3 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 Bansal Wire Industries (NSE:BANSALWIRE), the current Days Payable is 38.54 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.
Bansal Wire Industries Ltd is a stainless steel wire manufacturing company. Its products include high-carbon steel wire, mild steel wire (low-carbon steel wire), and stainless steel wire. The company has two reporting segments; Manufacturing & Sales and Job Work. Key revenue is generated from the Manufacturing & Sales segment.
43GF Score
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