MSP Steel & PowerNSE:MSPL -0.05%53 Days Payable is 47.62 as of Mar. 2026, which is 13% above its 10-year median of 42.06. GuruFocus rates NSE:MSPL with a GF Score™ of 53/100 and a GF Value™ of ₹21.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 598 Steel companies, MSP Steel & Power ranks better than 50.17% on this metric.
The historical rank and industry rank for MSP Steel & Power's Days Payable or its related term are showing as below:
NSE:MSPL'
s Days Payable Range Over the Past 10 Years
Min: 30.55 Med: 42.06 Max: 58.52
Current: 41.41
During the past 13 years, MSP Steel & Power's highest Days Payable was 58.52. The lowest was 30.55. And the median was 42.06.
NSE:MSPL's Days Payable is ranked better than 50.17% of 598
companies
in the Steel industry
Industry Median: 41.385
vs NSE:MSPL: 41.41
MSP Steel & Power's Days Payable
increased
from Mar. 2025 (34.73) to Mar. 2026 (47.62).
It may suggest that MSP Steel & Powerdelayed paying its suppliers.
MSP Steel & Power Days Payable Related Terms
MSP Steel & Power Days Payable Historical Data
* Premium members only.
The historical data trend for MSP Steel & Power'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:MSPL vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, MSP Steel & Power'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.
MSP Steel & Power Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, MSP Steel & Power's Days Payable distribution charts can be found below:
* The bar in red indicates where MSP Steel & Power'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.
MSP Steel & Power'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.
MSP Steel & Power (NSE:MSPL) has a Days Payable of 47.62 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 MSP Steel & Power and its competitors. This is 13% above median its historical median of 42.06. Over the past decade, MSP Steel & Power's Days Payable has ranged from 30.55 to 58.52. According to the industry distribution chart, MSP Steel & Power ranks #298 out of 598 companies in the Steel industry, placing it in the top 49.8%.
Is MSP Steel & Power's Days Payable too high?
MSP Steel & Power's current Days Payable of 47.62 is 13% above median its 10-year median of 42.06. Over the past 10 years, this metric has ranged from a low of 30.55 to a high of 58.52. The Steel industry median Days Payable is 41.39. MSP Steel & Power's value of 47.62 is 15.1% above this industry median. Based on the distribution chart, MSP Steel & Power ranks #298 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, MSP Steel & Power has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSP Steel & Power's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, MSP Steel & Power ranks #298 out of 598 companies for Days Payable. This puts MSP Steel & Power in the upper half of its industry. The industry median Days Payable is 41.39. MSP Steel & Power's value of 47.62 is 15.1% above this benchmark. Historically, MSP Steel & Power's own Days Payable has ranged from 30.55 to 58.52 over the past decade. While the company's 10-year median is 42.06 vs. the industry median of 41.39, MSP Steel & Power 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 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. MSP Steel & Power's current Days Payable of 47.62 is 15.1% 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 MSP Steel & Power 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. MSP Steel & Power's current Days Payable is 47.62, which is 13% above median its own 10-year median of 42.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSP Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, MSP Steel & Power (NSE:MSPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.27, compared to a current price of ₹42.59 — trading 100.2% above its estimated fair value. The current Days Payable is 47.62, which is 13% above median its 10-year median of 42.06 and 15.1% above the Steel industry median of 41.39. MSP Steel & Power's overall GF Score™ is 53/100 with 5 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 MSP Steel & Power (NSE:MSPL), the current Days Payable is 47.62 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 MSP Steel & Power (NSE:MSPL) Overvalued in 2026?
Based on GuruFocus' analysis, MSP Steel & Power stock appears to be overvalued.
The current stock price of ₹42.59 is trading 100.2% above its estimated GF Value™ of ₹21.27.
GuruFocus considers MSP Steel & Power to be Significantly Overvalued.
Key valuation signals for NSE:MSPL:
Days Payable: 47.62 (13% above median its 10-year median of 42.06)
GF Value™: ₹21.27 vs. price of ₹42.59 (100.2% above fair value)
Industry Position: 15.1% above the Steel median (#298 of 598)
No single metric tells the full story. See the NSE:MSPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MSP Steel & Power Ltd is engaged in the manufacturing of iron and steel products. It is also engaged in the generation and sale of power. Geographically, it derives a majority of its revenue from India. The company's product offerings include TMT Bar, structural steel, and pipes.
53GF Score
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