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Maithan AlloysNSE:MAITHANALL +0.06%78 Days Payable is 21.49 as of Mar. 2026, which is 41% below its 10-year median of 36.14. GuruFocus rates NSE:MAITHANALL with a GF Score™ of 78/100 and a GF Value™ of ₹1,150.62 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 598 Steel companies, Maithan Alloys ranks worse than 71.74% on this metric.
The historical rank and industry rank for Maithan Alloys's Days Payable or its related term are showing as below:
NSE:MAITHANALL'
s Days Payable Range Over the Past 10 Years
Min: 24.95 Med: 36.14 Max: 47.22
Current: 25.31
During the past 13 years, Maithan Alloys's highest Days Payable was 47.22. The lowest was 24.95. And the median was 36.14.
NSE:MAITHANALL's Days Payable is ranked worse than 71.74% of 598
companies
in the Steel industry
Industry Median: 41.385
vs NSE:MAITHANALL: 25.31
Maithan Alloys's Days Payable
declined
from Mar. 2025 (37.62) to Mar. 2026 (21.49).
It may suggest that Maithan Alloysaccelerated paying its suppliers.
Maithan Alloys Days Payable Related Terms
Maithan Alloys Days Payable Historical Data
* Premium members only.
The historical data trend for Maithan Alloys'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:MAITHANALL vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Maithan Alloys'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.
Maithan Alloys Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Maithan Alloys's Days Payable distribution charts can be found below:
* The bar in red indicates where Maithan Alloys'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.
Maithan Alloys'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.
Maithan Alloys (NSE:MAITHANALL) has a Days Payable of 21.49 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 Maithan Alloys and its competitors. This is 41% below median its historical median of 36.14. Over the past decade, Maithan Alloys' Days Payable has ranged from 24.95 to 47.22. According to the industry distribution chart, Maithan Alloys ranks #429 out of 598 companies in the Steel industry, placing it in the top 71.7%.
Is Maithan Alloys' Days Payable too high?
Maithan Alloys' current Days Payable of 21.49 is 41% below median its 10-year median of 36.14. Over the past 10 years, this metric has ranged from a low of 24.95 to a high of 47.22. The Steel industry median Days Payable is 41.39. Maithan Alloys' value of 21.49 is 48.1% below this industry median. Based on the distribution chart, Maithan Alloys ranks #429 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Maithan Alloys has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maithan Alloys' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Maithan Alloys ranks #429 out of 598 companies for Days Payable. This places Maithan Alloys in the lower half of its industry. The industry median Days Payable is 41.39. Maithan Alloys' value of 21.49 is 48.1% below this benchmark. Historically, Maithan Alloys' own Days Payable has ranged from 24.95 to 47.22 over the past decade. While the company's 10-year median is 36.14 vs. the industry median of 41.39, Maithan Alloys 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. Maithan Alloys's current Days Payable of 21.49 is 48.1% 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 Maithan Alloys 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. Maithan Alloys's current Days Payable is 21.49, which is 41% below median its own 10-year median of 36.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maithan Alloys stock overvalued right now?
Based on GuruFocus' analysis, Maithan Alloys (NSE:MAITHANALL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,150.62, compared to a current price of ₹1,034.80 — trading 10.1% below its estimated fair value. The current Days Payable is 21.49, which is 41% below median its 10-year median of 36.14 and 48.1% below the Steel industry median of 41.39. Maithan Alloys' overall GF Score™ is 78/100 with 6 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 Maithan Alloys (NSE:MAITHANALL), the current Days Payable is 21.49 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 Maithan Alloys (NSE:MAITHANALL) Overvalued in 2026?
Based on GuruFocus' analysis, Maithan Alloys stock appears to be undervalued.
The current stock price of ₹1,034.80 is trading 10.1% below its estimated GF Value™ of ₹1,150.62.
GuruFocus considers Maithan Alloys to be Modestly Undervalued.
Key valuation signals for NSE:MAITHANALL:
Days Payable: 21.49 (41% below median its 10-year median of 36.14)
GF Value™: ₹1,150.62 vs. price of ₹1,034.80 (10.1% below fair value)
Industry Position: 48.1% below the Steel median (#429 of 598)
No single metric tells the full story. See the NSE:MAITHANALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.
78GF Score
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