P S Raj Steels (NSE:PSRAJ) Days Payable: 1.74 (As of Mar. 2026) — 84% Below Median

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NSE:PSRAJ P S Raj Steels Ltd NSE:PSRAJ
19 GF Score
Price ₹417.90
! 5 Warning Signs
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What is P S Raj Steels Days Payable?

P S Raj Steels NSE:PSRAJ 19 Days Payable is 1.74 as of Mar. 2026, which is 84% below its 10-year median of 10.98. GuruFocus rates NSE:PSRAJ with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 598 Steel companies, P S Raj Steels ranks worse than 98.83% on this metric.

P S Raj Steels's average Accounts Payable for the six months ended in Mar. 2026 was ₹11 Mil. P S Raj Steels's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,189 Mil. Hence, P S Raj Steels's Days Payable for the six months ended in Mar. 2026 was 1.74.

The historical rank and industry rank for P S Raj Steels's Days Payable or its related term are showing as below:

NSE:PSRAJ' s Days Payable Range Over the Past 10 Years
Min: 0.87   Med: 10.98   Max: 27.39
Current: 1.72

During the past 5 years, P S Raj Steels's highest Days Payable was 27.39. The lowest was 0.87. And the median was 10.98.

NSE:PSRAJ's Days Payable is ranked worse than
98.83% of 598 companies
in the Steel industry
Industry Median: 41.37 vs NSE:PSRAJ: 1.72

P S Raj Steels's Days Payable increased from Mar. 2025 (1.22) to Mar. 2026 (1.74). It may suggest that P S Raj Steels delayed paying its suppliers.


P S Raj Steels Days Payable Historical Data

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The historical data trend for P S Raj Steels'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.

P S Raj Steels Days Payable Chart

P S Raj Steels Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
10.98 27.39 17.61 0.87 2.21

P S Raj Steels Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial 0.00 0.36 1.22 1.21 1.74

NSE:PSRAJ vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, P S Raj Steels'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.


P S Raj Steels Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, P S Raj Steels's Days Payable distribution charts can be found below:

* The bar in red indicates where P S Raj Steels's Days Payable falls into.


NSE:PSRAJ
19GF Score
P S Raj Steels Ltd NSE:PSRAJ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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P S Raj Steels 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.

P S Raj Steels's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (10.91 + 17.814) / 2 ) / 2372.616*365
=14.362 / 2372.616*365
=2.21

P S Raj Steels's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (4.799 + 17.814) / 2 ) / 1188.659*365 / 2
=11.3065 / 1188.659*365 / 2
=1.74

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1.74 mean?
P S Raj Steels (NSE:PSRAJ) has a Days Payable of 1.74 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 P S Raj Steels and its competitors. This is 84% below median its historical median of 10.98. Over the past decade, P S Raj Steels' Days Payable has ranged from 0.87 to 27.39. According to the industry distribution chart, P S Raj Steels ranks #591 out of 598 companies in the Steel industry, placing it in the top 98.8%.
Is P S Raj Steels' Days Payable too high?
P S Raj Steels' current Days Payable of 1.74 is 84% below median its 10-year median of 10.98. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 27.39. The Steel industry median Days Payable is 41.37. P S Raj Steels' value of 1.74 is 95.8% below this industry median. Based on the distribution chart, P S Raj Steels ranks #591 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, P S Raj Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does P S Raj Steels' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, P S Raj Steels ranks #591 out of 598 companies for Days Payable. This places P S Raj Steels in the lower half of its industry. The industry median Days Payable is 41.37. P S Raj Steels' value of 1.74 is 95.8% below this benchmark. Historically, P S Raj Steels' own Days Payable has ranged from 0.87 to 27.39 over the past decade. While the company's 10-year median is 10.98 vs. the industry median of 41.37, P S Raj Steels 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 41.37, 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. P S Raj Steels's current Days Payable of 1.74 is 95.8% 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 P S Raj Steels and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P S Raj Steels's current Days Payable is 1.74, which is 84% below median its own 10-year median of 10.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P S Raj Steels stock overvalued right now?
P S Raj Steels (NSE:PSRAJ) has a current Days Payable of 1.74. The current Days Payable is 1.74, which is 84% below median its 10-year median of 10.98 and 95.8% below the Steel industry median of 41.37. P S Raj Steels' overall GF Score™ is 19/100 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 P S Raj Steels (NSE:PSRAJ), the current Days Payable is 1.74 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.

P S Raj Steels Business Description

Address 51 Block A, IDC, Hisar, HR, IND, 125005
P S Raj Steels Ltd manufactures and supplies stainless steel pipes and tubes in India. The company's product range includes Outer Diameter (OD) Pipes, Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches), Section Pipes (square, rectangular and oval shapes) and Slotted Pipes.
19GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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