The historical rank and industry rank for Rajratan Global Wire's Days Payable or its related term are showing as below:
NSE:RAJRATAN'
s Days Payable Range Over the Past 10 Years
Min: 38.86 Med: 57.52 Max: 71.33
Current: 63.04
During the past 13 years, Rajratan Global Wire's highest Days Payable was 71.33. The lowest was 38.86. And the median was 57.52.
NSE:RAJRATAN's Days Payable is ranked better than 67.67% of 597
companies
in the Steel industry
Industry Median: 41.39
vs NSE:RAJRATAN: 63.04
Rajratan Global Wire's Days Payable
declined
from Mar. 2025 (75.08) to Mar. 2026 (62.78).
It may suggest that Rajratan Global Wireaccelerated paying its suppliers.
Rajratan Global Wire Days Payable Related Terms
Rajratan Global Wire Days Payable Historical Data
* Premium members only.
The historical data trend for Rajratan Global Wire'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:RAJRATAN vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Rajratan Global Wire'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.
Rajratan Global Wire Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Rajratan Global Wire's Days Payable distribution charts can be found below:
* The bar in red indicates where Rajratan Global Wire'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.
Rajratan Global Wire'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.
Rajratan Global Wire (NSE:RAJRATAN) has a Days Payable of 62.78 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 Rajratan Global Wire and its competitors. This is near median its historical median of 57.52. Over the past decade, Rajratan Global Wire's Days Payable has ranged from 38.86 to 71.33. According to the industry distribution chart, Rajratan Global Wire ranks #193 out of 597 companies in the Steel industry, placing it in the top 32.3%.
Is Rajratan Global Wire's Days Payable too high?
Rajratan Global Wire's current Days Payable of 62.78 is near median its 10-year median of 57.52. Over the past 10 years, this metric has ranged from a low of 38.86 to a high of 71.33. The Steel industry median Days Payable is 41.39. Rajratan Global Wire's value of 62.78 is 51.7% above this industry median. Based on the distribution chart, Rajratan Global Wire ranks #193 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Rajratan Global Wire has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rajratan Global Wire's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Rajratan Global Wire ranks #193 out of 597 companies for Days Payable. This puts Rajratan Global Wire in the upper half of its industry. The industry median Days Payable is 41.39. Rajratan Global Wire's value of 62.78 is 51.7% above this benchmark. Historically, Rajratan Global Wire's own Days Payable has ranged from 38.86 to 71.33 over the past decade. While the company's 10-year median is 57.52 vs. the industry median of 41.39, Rajratan Global Wire 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. Rajratan Global Wire's current Days Payable of 62.78 is 51.7% 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 Rajratan Global Wire 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. Rajratan Global Wire's current Days Payable is 62.78, which is near median its own 10-year median of 57.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajratan Global Wire stock overvalued right now?
Based on GuruFocus' analysis, Rajratan Global Wire (NSE:RAJRATAN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹656.76, compared to a current price of ₹479.40 — trading 27% below its estimated fair value. The current Days Payable is 62.78, which is near median its 10-year median of 57.52 and 51.7% above the Steel industry median of 41.39. Rajratan Global Wire's overall GF Score™ is 87/100 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 Rajratan Global Wire (NSE:RAJRATAN), the current Days Payable is 62.78 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 Rajratan Global Wire (NSE:RAJRATAN) Overvalued in 2026?
Based on GuruFocus' analysis, Rajratan Global Wire stock appears to be undervalued.
The current stock price of ₹479.40 is trading 27% below its estimated GF Value™ of ₹656.76.
GuruFocus considers Rajratan Global Wire to be Modestly Undervalued.
Key valuation signals for NSE:RAJRATAN:
Days Payable: 62.78 (near median its 10-year median of 57.52)
GF Value™: ₹656.76 vs. price of ₹479.40 (27% below fair value)
Industry Position: 51.7% above the Steel median (#193 of 597)
No single metric tells the full story. See the NSE:RAJRATAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rajratan Global Wire Ltd is an India-based company engaged in the manufacturing of steel wires. The group derives revenues from the sale of Tyre bead wire and other ancillary products. Geographically, its operations are in India and Thailand.
87GF Score
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