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Goodluck IndiaNSE:GOODLUCK +0.41%71 Days Payable is 19.81 as of Mar. 2026, which is 10% below its 10-year median of 22.01. GuruFocus rates NSE:GOODLUCK with a GF Score™ of 71/100 and a GF Value™ of ₹879.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 599 Steel companies, Goodluck India ranks worse than 81.97% on this metric.
The historical rank and industry rank for Goodluck India's Days Payable or its related term are showing as below:
NSE:GOODLUCK'
s Days Payable Range Over the Past 10 Years
Min: 16.2 Med: 22.01 Max: 35.15
Current: 17.07
During the past 13 years, Goodluck India's highest Days Payable was 35.15. The lowest was 16.20. And the median was 22.01.
NSE:GOODLUCK's Days Payable is ranked worse than 81.97% of 599
companies
in the Steel industry
Industry Median: 41.36
vs NSE:GOODLUCK: 17.07
Goodluck India's Days Payable
increased
from Mar. 2025 (13.25) to Mar. 2026 (19.81).
It may suggest that Goodluck Indiadelayed paying its suppliers.
Goodluck India Days Payable Related Terms
Goodluck India Days Payable Historical Data
* Premium members only.
The historical data trend for Goodluck India'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:GOODLUCK vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Goodluck India'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.
Goodluck India Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Goodluck India's Days Payable distribution charts can be found below:
* The bar in red indicates where Goodluck India'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.
Goodluck India'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.
Goodluck India (NSE:GOODLUCK) has a Days Payable of 19.81 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 Goodluck India and its competitors. This is 10% below median its historical median of 22.01. Over the past decade, Goodluck India's Days Payable has ranged from 16.20 to 35.15. According to the industry distribution chart, Goodluck India ranks #491 out of 599 companies in the Steel industry, placing it in the top 82%.
Is Goodluck India's Days Payable too high?
Goodluck India's current Days Payable of 19.81 is 10% below median its 10-year median of 22.01. Over the past 10 years, this metric has ranged from a low of 16.20 to a high of 35.15. The Steel industry median Days Payable is 41.36. Goodluck India's value of 19.81 is 52.1% below this industry median. Based on the distribution chart, Goodluck India ranks #491 out of 599 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Goodluck India has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodluck India's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Goodluck India ranks #491 out of 599 companies for Days Payable. This places Goodluck India in the lower half of its industry. The industry median Days Payable is 41.36. Goodluck India's value of 19.81 is 52.1% below this benchmark. Historically, Goodluck India's own Days Payable has ranged from 16.20 to 35.15 over the past decade. While the company's 10-year median is 22.01 vs. the industry median of 41.36, Goodluck India 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 41.36, based on 599 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. Goodluck India's current Days Payable of 19.81 is 52.1% 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 Goodluck India and its competitors. For the Steel industry, the median Days Payable is 41.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodluck India's current Days Payable is 19.81, which is 10% below median its own 10-year median of 22.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodluck India stock overvalued right now?
Based on GuruFocus' analysis, Goodluck India (NSE:GOODLUCK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹879.67, compared to a current price of ₹1,532.00 — trading 74.2% above its estimated fair value. The current Days Payable is 19.81, which is 10% below median its 10-year median of 22.01 and 52.1% below the Steel industry median of 41.36. Goodluck India's overall GF Score™ is 71/100 with 7 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 Goodluck India (NSE:GOODLUCK), the current Days Payable is 19.81 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 Goodluck India (NSE:GOODLUCK) Overvalued in 2026?
Based on GuruFocus' analysis, Goodluck India stock appears to be overvalued.
The current stock price of ₹1,532.00 is trading 74.2% above its estimated GF Value™ of ₹879.67.
GuruFocus considers Goodluck India to be Significantly Overvalued.
Key valuation signals for NSE:GOODLUCK:
Days Payable: 19.81 (10% below median its 10-year median of 22.01)
GF Value™: ₹879.67 vs. price of ₹1,532.00 (74.2% above fair value)
Industry Position: 52.1% below the Steel median (#491 of 599)
No single metric tells the full story. See the NSE:GOODLUCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodluck India Ltd is engaged in the manufacturing and sale of iron and steel products. The company manufactures and sells engineering products such as heavy engineered structures, transmission and distribution towers, CDW Tubes, Precision Tubes, Pipes, Sheets and Forged engineering products. The group has a business presence in India and Outside India, of which key revenue is derived from India. The company generates the majority of its revenue from the sale of products.
71GF Score
Get the complete analysis for NSE:GOODLUCK
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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