The historical rank and industry rank for Maharashtra Seamless's Days Payable or its related term are showing as below:
NSE:MAHSEAMLES'
s Days Payable Range Over the Past 10 Years
Min: 23.77 Med: 32.86 Max: 142.38
Current: 23.77
During the past 13 years, Maharashtra Seamless's highest Days Payable was 142.38. The lowest was 23.77. And the median was 32.86.
NSE:MAHSEAMLES's Days Payable is ranked worse than 73.08% of 598
companies
in the Steel industry
Industry Median: 41.385
vs NSE:MAHSEAMLES: 23.77
Maharashtra Seamless's Days Payable
increased
from Mar. 2025 (16.23) to Mar. 2026 (29.69).
It may suggest that Maharashtra Seamlessdelayed paying its suppliers.
Maharashtra Seamless Days Payable Related Terms
Maharashtra Seamless Days Payable Historical Data
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The historical data trend for Maharashtra Seamless'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:MAHSEAMLES vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Maharashtra Seamless'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.
Maharashtra Seamless Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Maharashtra Seamless's Days Payable distribution charts can be found below:
* The bar in red indicates where Maharashtra Seamless'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.
Maharashtra Seamless'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.
Maharashtra Seamless (NSE:MAHSEAMLES) has a Days Payable of 29.69 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 Maharashtra Seamless and its competitors. This is 10% below median its historical median of 32.86. Over the past decade, Maharashtra Seamless' Days Payable has ranged from 23.77 to 142.38. According to the industry distribution chart, Maharashtra Seamless ranks #437 out of 598 companies in the Steel industry, placing it in the top 73.1%.
Is Maharashtra Seamless' Days Payable too high?
Maharashtra Seamless' current Days Payable of 29.69 is 10% below median its 10-year median of 32.86. Over the past 10 years, this metric has ranged from a low of 23.77 to a high of 142.38. The Steel industry median Days Payable is 41.39. Maharashtra Seamless' value of 29.69 is 28.3% below this industry median. Based on the distribution chart, Maharashtra Seamless ranks #437 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Maharashtra Seamless has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maharashtra Seamless' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Maharashtra Seamless ranks #437 out of 598 companies for Days Payable. This places Maharashtra Seamless in the lower half of its industry. The industry median Days Payable is 41.39. Maharashtra Seamless' value of 29.69 is 28.3% below this benchmark. Historically, Maharashtra Seamless' own Days Payable has ranged from 23.77 to 142.38 over the past decade. While the company's 10-year median is 32.86 vs. the industry median of 41.39, Maharashtra Seamless 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. Maharashtra Seamless's current Days Payable of 29.69 is 28.3% 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 Maharashtra Seamless 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. Maharashtra Seamless's current Days Payable is 29.69, which is 10% below median its own 10-year median of 32.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maharashtra Seamless stock overvalued right now?
Based on GuruFocus' analysis, Maharashtra Seamless (NSE:MAHSEAMLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹634.55, compared to a current price of ₹598.40 — trading 5.7% below its estimated fair value. The current Days Payable is 29.69, which is 10% below median its 10-year median of 32.86 and 28.3% below the Steel industry median of 41.39. Maharashtra Seamless' overall GF Score™ is 87/100 with 4 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 Maharashtra Seamless (NSE:MAHSEAMLES), the current Days Payable is 29.69 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 Maharashtra Seamless (NSE:MAHSEAMLES) Overvalued in 2026?
Based on GuruFocus' analysis, Maharashtra Seamless stock appears to be undervalued.
The current stock price of ₹598.40 is trading 5.7% below its estimated GF Value™ of ₹634.55.
GuruFocus considers Maharashtra Seamless to be Fairly Valued.
Key valuation signals for NSE:MAHSEAMLES:
Days Payable: 29.69 (10% below median its 10-year median of 32.86)
GF Value™: ₹634.55 vs. price of ₹598.40 (5.7% below fair value)
Industry Position: 28.3% below the Steel median (#437 of 598)
No single metric tells the full story. See the NSE:MAHSEAMLES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maharashtra Seamless Ltd is a steel pipe and tube manufacturer. The company's product portfolio consists of electric resistance welded pipes, which include black and galvanized pipes, and seamless pipes and tubes, which include hot finished, cold drawn, and pilgered pipes. These products are used in various applications and sectors like oil and gas, hydrocarbon, power, agriculture, housing, and infrastructure, among others. The company's operating segments consist of steel pipes and tubes, power-electricity, rig, and others. The majority of its revenue is derived from the steel pipes and tubes segment.
87GF Score
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