Mangalam WorldwideNSE:MWL -0.79%61 Days Payable is 53.33 as of Mar. 2026, which is 227% above its 10-year median of 16.32. GuruFocus rates NSE:MWL with a GF Score™ of 61/100. The stock has 4 warning signs investors should review. Among 597 Steel companies, Mangalam Worldwide ranks better than 50.75% on this metric.
The historical rank and industry rank for Mangalam Worldwide's Days Payable or its related term are showing as below:
NSE:MWL'
s Days Payable Range Over the Past 10 Years
Min: 0.21 Med: 16.32 Max: 44.03
Current: 42.68
During the past 8 years, Mangalam Worldwide's highest Days Payable was 44.03. The lowest was 0.21. And the median was 16.32.
NSE:MWL's Days Payable is ranked better than 50.75% of 597
companies
in the Steel industry
Industry Median: 41.39
vs NSE:MWL: 42.68
Mangalam Worldwide's Days Payable
increased
from Mar. 2025 (39.13) to Mar. 2026 (53.33).
It may suggest that Mangalam Worldwidedelayed paying its suppliers.
Mangalam Worldwide Days Payable Related Terms
Mangalam Worldwide Days Payable Historical Data
* Premium members only.
The historical data trend for Mangalam Worldwide'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.
For the Steel subindustry, Mangalam Worldwide'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.
Mangalam Worldwide Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Mangalam Worldwide's Days Payable distribution charts can be found below:
* The bar in red indicates where Mangalam Worldwide'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.
Mangalam Worldwide'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.
Mangalam Worldwide (NSE:MWL) has a Days Payable of 53.33 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 Mangalam Worldwide and its competitors. This is 227% above median its historical median of 16.32. Over the past decade, Mangalam Worldwide's Days Payable has ranged from 0.21 to 44.03. According to the industry distribution chart, Mangalam Worldwide ranks #294 out of 597 companies in the Steel industry, placing it in the top 49.2%.
Is Mangalam Worldwide's Days Payable too high?
Mangalam Worldwide's current Days Payable of 53.33 is 227% above median its 10-year median of 16.32. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 44.03. The Steel industry median Days Payable is 41.39. Mangalam Worldwide's value of 53.33 is 28.8% above this industry median. Based on the distribution chart, Mangalam Worldwide ranks #294 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Mangalam Worldwide has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Worldwide's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mangalam Worldwide ranks #294 out of 597 companies for Days Payable. This puts Mangalam Worldwide in the upper half of its industry. The industry median Days Payable is 41.39. Mangalam Worldwide's value of 53.33 is 28.8% above this benchmark. Historically, Mangalam Worldwide's own Days Payable has ranged from 0.21 to 44.03 over the past decade. While the company's 10-year median is 16.32 vs. the industry median of 41.39, Mangalam Worldwide 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. Mangalam Worldwide's current Days Payable of 53.33 is 28.8% 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 Mangalam Worldwide 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. Mangalam Worldwide's current Days Payable is 53.33, which is 227% above median its own 10-year median of 16.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Worldwide stock overvalued right now?
Mangalam Worldwide (NSE:MWL) has a current Days Payable of 53.33. The current Days Payable is 53.33, which is 227% above median its 10-year median of 16.32 and 28.8% above the Steel industry median of 41.39. Mangalam Worldwide's overall GF Score™ is 61/100 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 Mangalam Worldwide (NSE:MWL), the current Days Payable is 53.33 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.
Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Steel Products viz Billets, Ingots, Forged Roundbars, Forged Bright Roundbars, Roundbars, RCS Bars, Brightbars and Seamless Pipes & Tubes, Electric Resistance Welded (ERW) Pipes & Tubes. It operates in India and Outside India, of which it derives maximum revenue from India.
61GF Score
Get the complete analysis for NSE:MWL
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MWL has been successfully added to your 
