JSW SteelNSE:JSWSTEEL +0.52%87 Days Payable is 49.78 as of Mar. 2026, which is 58% below its 10-year median of 117.90. GuruFocus rates NSE:JSWSTEEL with a GF Score™ of 87/100 and a GF Value™ of ₹1,039.68 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 597 Steel companies, JSW Steel ranks better than 56.62% on this metric.
JSW Steel's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹155,760 Mil. JSW Steel's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹285,530 Mil.
Hence, JSW Steel's Days Payable for the
three
months ended in Mar. 2026 was 49.78.
The historical rank and industry rank for JSW Steel's Days Payable or its related term are showing as below:
NSE:JSWSTEEL'
s Days Payable Range Over the Past 10 Years
Min: 45.09 Med: 117.9 Max: 153.75
Current: 49.49
During the past 13 years, JSW Steel's highest Days Payable was 153.75. The lowest was 45.09. And the median was 117.90.
NSE:JSWSTEEL's Days Payable is ranked better than 56.62% of 597
companies
in the Steel industry
Industry Median: 41.39
vs NSE:JSWSTEEL: 49.49
JSW Steel's Days Payable
increased
from Mar. 2025 (43.37) to Mar. 2026 (49.78).
It may suggest that JSW Steeldelayed paying its suppliers.
JSW Steel Days Payable Related Terms
JSW Steel Days Payable Historical Data
* Premium members only.
The historical data trend for JSW 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.
NSE:JSWSTEEL vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, JSW 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.
JSW Steel Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, JSW Steel's Days Payable distribution charts can be found below:
* The bar in red indicates where JSW 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.
JSW 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.
JSW Steel (NSE:JSWSTEEL) has a Days Payable of 49.78 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 JSW Steel and its competitors. This is 58% below median its historical median of 117.90. Over the past decade, JSW Steel's Days Payable has ranged from 45.09 to 153.75. According to the industry distribution chart, JSW Steel ranks #259 out of 597 companies in the Steel industry, placing it in the top 43.4%.
Is JSW Steel's Days Payable too high?
JSW Steel's current Days Payable of 49.78 is 58% below median its 10-year median of 117.90. Over the past 10 years, this metric has ranged from a low of 45.09 to a high of 153.75. The Steel industry median Days Payable is 41.39. JSW Steel's value of 49.78 is 20.3% above this industry median. Based on the distribution chart, JSW Steel ranks #259 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, JSW Steel has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, JSW Steel ranks #259 out of 597 companies for Days Payable. This puts JSW Steel in the upper half of its industry. The industry median Days Payable is 41.39. JSW Steel's value of 49.78 is 20.3% above this benchmark. Historically, JSW Steel's own Days Payable has ranged from 45.09 to 153.75 over the past decade. While the company's 10-year median is 117.90 vs. the industry median of 41.39, JSW 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 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. JSW Steel's current Days Payable of 49.78 is 20.3% 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 JSW 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. JSW Steel's current Days Payable is 49.78, which is 58% below median its own 10-year median of 117.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Steel stock overvalued right now?
Based on GuruFocus' analysis, JSW Steel (NSE:JSWSTEEL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,039.68, compared to a current price of ₹1,230.20 — trading 18.3% above its estimated fair value. The current Days Payable is 49.78, which is 58% below median its 10-year median of 117.90 and 20.3% above the Steel industry median of 41.39. JSW Steel's overall GF Score™ is 87/100 with 8 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 JSW Steel (NSE:JSWSTEEL), the current Days Payable is 49.78 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 JSW Steel (NSE:JSWSTEEL) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Steel stock appears to be overvalued.
The current stock price of ₹1,230.20 is trading 18.3% above its estimated GF Value™ of ₹1,039.68.
GuruFocus considers JSW Steel to be Modestly Overvalued.
Key valuation signals for NSE:JSWSTEEL:
Days Payable: 49.78 (58% below median its 10-year median of 117.90)
GF Value™: ₹1,039.68 vs. price of ₹1,230.20 (18.3% above fair value)
Industry Position: 20.3% above the Steel median (#259 of 597)
No single metric tells the full story. See the NSE:JSWSTEEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.
87GF Score
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