* 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.
Pattech Fitwell Tube Components Days Payable Chart
NSE:PATTECH vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Pattech Fitwell Tube Components'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.
Pattech Fitwell Tube Components Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Days Payable distribution charts can be found below:
* The bar in red indicates where Pattech Fitwell Tube Components's Days Payable falls into.
Pattech Fitwell Tube Components Days Payable Calculation
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.
* 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.
Pattech Fitwell Tube Components (NSE:PATTECH) has a Days Payable of 19.98 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 Pattech Fitwell Tube Components and its competitors. This is near median its historical median of 19.89. Over the past decade, Pattech Fitwell Tube Components' Days Payable has ranged from 10.78 to 65.26. According to the industry distribution chart, Pattech Fitwell Tube Components ranks #529 out of 598 companies in the Steel industry, placing it in the top 88.5%.
Is Pattech Fitwell Tube Components' Days Payable too high?
Pattech Fitwell Tube Components' current Days Payable of 19.98 is near median its 10-year median of 19.89. Over the past 10 years, this metric has ranged from a low of 10.78 to a high of 65.26. The Steel industry median Days Payable is 41.39. Pattech Fitwell Tube Components' value of 19.98 is 51.7% below this industry median. Based on the distribution chart, Pattech Fitwell Tube Components ranks #529 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Pattech Fitwell Tube Components has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pattech Fitwell Tube Components' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Pattech Fitwell Tube Components ranks #529 out of 598 companies for Days Payable. This places Pattech Fitwell Tube Components in the lower half of its industry. The industry median Days Payable is 41.39. Pattech Fitwell Tube Components' value of 19.98 is 51.7% below this benchmark. Historically, Pattech Fitwell Tube Components' own Days Payable has ranged from 10.78 to 65.26 over the past decade. While the company's 10-year median is 19.89 vs. the industry median of 41.39, Pattech Fitwell Tube Components 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. Pattech Fitwell Tube Components's current Days Payable of 19.98 is 51.7% 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 Pattech Fitwell Tube Components 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. Pattech Fitwell Tube Components's current Days Payable is 19.98, which is near median its own 10-year median of 19.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pattech Fitwell Tube Components stock overvalued right now?
Based on GuruFocus' analysis, Pattech Fitwell Tube Components (NSE:PATTECH) is currently considered Fairly Valued. The stock's GF Value™ is ₹125.54, compared to a current price of ₹114.85 — trading 8.5% below its estimated fair value. The current Days Payable is 19.98, which is near median its 10-year median of 19.89 and 51.7% below the Steel industry median of 41.39. Pattech Fitwell Tube Components' overall GF Score™ is 85/100 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 Pattech Fitwell Tube Components (NSE:PATTECH), the current Days Payable is 19.98 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 Pattech Fitwell Tube Components (NSE:PATTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Pattech Fitwell Tube Components stock appears to be undervalued.
The current stock price of ₹114.85 is trading 8.5% below its estimated GF Value™ of ₹125.54.
GuruFocus considers Pattech Fitwell Tube Components to be Fairly Valued.
Key valuation signals for NSE:PATTECH:
Days Payable: 19.98 (near median its 10-year median of 19.89)
GF Value™: ₹125.54 vs. price of ₹114.85 (8.5% below fair value)
Industry Position: 51.7% below the Steel median (#529 of 598)
No single metric tells the full story. See the NSE:PATTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pattech Fitwell Tube Components Business Description
Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components, as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical and pharmaceutical, food processing, oil and gas, desalination and water treatment, shipbuilding, defense, fabrication of process equipment, and instrumentation.
85GF Score
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