Prakash SteelageNSE:PRAKASHSTL -2.08%80 Days Payable is 114.72 as of Mar. 2026, which is 73% below its 10-year median of 427.94. GuruFocus rates NSE:PRAKASHSTL with a GF Score™ of 80/100 and a GF Value™ of ₹7.07 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 597 Steel companies, Prakash Steelage ranks better than 82.58% on this metric.
The historical rank and industry rank for Prakash Steelage's Days Payable or its related term are showing as below:
NSE:PRAKASHSTL'
s Days Payable Range Over the Past 10 Years
Min: 98.88 Med: 427.94 Max: 1011.87
Current: 98.88
During the past 13 years, Prakash Steelage's highest Days Payable was 1011.87. The lowest was 98.88. And the median was 427.94.
NSE:PRAKASHSTL's Days Payable is ranked better than 82.58% of 597
companies
in the Steel industry
Industry Median: 41.39
vs NSE:PRAKASHSTL: 98.88
Prakash Steelage's Days Payable
increased
from Mar. 2025 (94.98) to Mar. 2026 (114.72).
It may suggest that Prakash Steelagedelayed paying its suppliers.
Prakash Steelage Days Payable Related Terms
Prakash Steelage Days Payable Historical Data
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The historical data trend for Prakash Steelage'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:PRAKASHSTL vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Prakash Steelage'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 Steelage Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Steelage's Days Payable distribution charts can be found below:
* The bar in red indicates where Prakash Steelage'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 Steelage'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 Steelage (NSE:PRAKASHSTL) has a Days Payable of 114.72 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 Steelage and its competitors. This is 73% below median its historical median of 427.94. Over the past decade, Prakash Steelage's Days Payable has ranged from 98.88 to 1,011.87. According to the industry distribution chart, Prakash Steelage ranks #104 out of 597 companies in the Steel industry, placing it in the top 17.4%.
Is Prakash Steelage's Days Payable too high?
Prakash Steelage's current Days Payable of 114.72 is 73% below median its 10-year median of 427.94. Over the past 10 years, this metric has ranged from a low of 98.88 to a high of 1,011.87. The Steel industry median Days Payable is 41.39. Prakash Steelage's value of 114.72 is 177.2% above this industry median. Based on the distribution chart, Prakash Steelage ranks #104 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Prakash Steelage has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prakash Steelage's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Steelage ranks #104 out of 597 companies for Days Payable. This places Prakash Steelage in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Prakash Steelage's value of 114.72 is 177.2% above this benchmark. Historically, Prakash Steelage's own Days Payable has ranged from 98.88 to 1,011.87 over the past decade. While the company's 10-year median is 427.94 vs. the industry median of 41.39, Prakash Steelage 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. Prakash Steelage's current Days Payable of 114.72 is 177.2% 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 Prakash Steelage 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 Steelage's current Days Payable is 114.72, which is 73% below median its own 10-year median of 427.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Steelage stock overvalued right now?
Based on GuruFocus' analysis, Prakash Steelage (NSE:PRAKASHSTL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7.07, compared to a current price of ₹4.23 — trading 40.2% below its estimated fair value. The current Days Payable is 114.72, which is 73% below median its 10-year median of 427.94 and 177.2% above the Steel industry median of 41.39. Prakash Steelage's overall GF Score™ is 80/100 with 1 warning sign 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 Steelage (NSE:PRAKASHSTL), the current Days Payable is 114.72 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 Steelage (NSE:PRAKASHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Steelage stock appears to be undervalued.
The current stock price of ₹4.23 is trading 40.2% below its estimated GF Value™ of ₹7.07.
GuruFocus considers Prakash Steelage to be Significantly Undervalued.
Key valuation signals for NSE:PRAKASHSTL:
Days Payable: 114.72 (73% below median its 10-year median of 427.94)
GF Value™: ₹7.07 vs. price of ₹4.23 (40.2% below fair value)
Industry Position: 177.2% above the Steel median (#104 of 597)
No single metric tells the full story. See the NSE:PRAKASHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.
80GF Score
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