The historical rank and industry rank for Prakash Industries's Days Payable or its related term are showing as below:
NSE:PRAKASH'
s Days Payable Range Over the Past 10 Years
Min: 18.33 Med: 22.94 Max: 26.51
Current: 20.74
During the past 13 years, Prakash Industries's highest Days Payable was 26.51. The lowest was 18.33. And the median was 22.94.
NSE:PRAKASH's Days Payable is ranked worse than 76.09% of 598
companies
in the Steel industry
Industry Median: 41.385
vs NSE:PRAKASH: 20.74
Prakash Industries's Days Payable
increased
from Mar. 2025 (18.65) to Mar. 2026 (21.21).
It may suggest that Prakash Industriesdelayed paying its suppliers.
Prakash Industries Days Payable Related Terms
Prakash Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Prakash Industries'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:PRAKASH vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Prakash Industries'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.
Prakash Industries Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Prakash Industries'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.
Prakash Industries'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.
Prakash Industries (NSE:PRAKASH) has a Days Payable of 21.21 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 Prakash Industries and its competitors. This is near median its historical median of 22.94. Over the past decade, Prakash Industries' Days Payable has ranged from 18.33 to 26.51. According to the industry distribution chart, Prakash Industries ranks #455 out of 598 companies in the Steel industry, placing it in the top 76.1%.
Is Prakash Industries' Days Payable too high?
Prakash Industries' current Days Payable of 21.21 is near median its 10-year median of 22.94. Over the past 10 years, this metric has ranged from a low of 18.33 to a high of 26.51. The Steel industry median Days Payable is 41.39. Prakash Industries' value of 21.21 is 48.7% below this industry median. Based on the distribution chart, Prakash Industries ranks #455 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Prakash Industries has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prakash Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Industries ranks #455 out of 598 companies for Days Payable. This places Prakash Industries in the lower half of its industry. The industry median Days Payable is 41.39. Prakash Industries' value of 21.21 is 48.7% below this benchmark. Historically, Prakash Industries' own Days Payable has ranged from 18.33 to 26.51 over the past decade. While the company's 10-year median is 22.94 vs. the industry median of 41.39, Prakash Industries 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. Prakash Industries's current Days Payable of 21.21 is 48.7% 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 Prakash Industries 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. Prakash Industries's current Days Payable is 21.21, which is near median its own 10-year median of 22.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Industries stock overvalued right now?
Based on GuruFocus' analysis, Prakash Industries (NSE:PRAKASH) is currently considered Fairly Valued. The stock's GF Value™ is ₹144.31, compared to a current price of ₹139.05 — trading 3.6% below its estimated fair value. The current Days Payable is 21.21, which is near median its 10-year median of 22.94 and 48.7% below the Steel industry median of 41.39. Prakash Industries' 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 Prakash Industries (NSE:PRAKASH), the current Days Payable is 21.21 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 Prakash Industries (NSE:PRAKASH) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Industries stock appears to be undervalued.
The current stock price of ₹139.05 is trading 3.6% below its estimated GF Value™ of ₹144.31.
GuruFocus considers Prakash Industries to be Fairly Valued.
Key valuation signals for NSE:PRAKASH:
Days Payable: 21.21 (near median its 10-year median of 22.94)
GF Value™: ₹144.31 vs. price of ₹139.05 (3.6% below fair value)
Industry Position: 48.7% below the Steel median (#455 of 598)
No single metric tells the full story. See the NSE:PRAKASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Industries Ltd is an integrated steel and power company, specializing in the manufacturing and sale of high-quality iron and steel products such as sponge iron, wire rods, TMT bars, and ferroalloys. The company operates an integrated steel plant in Chhattisgarh, utilizing cutting-edge coal-based sponge iron production techniques. Additionally, the company has forward integration with facilities producing value-added steel products and operates a captive power generation plant, making it self-reliant in energy needs. Focused on innovation, cost efficiency, and sustainable growth, the company delivers competitive products while expanding its footprint across India's steel and power sectors.
78GF Score
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