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Rhetan TMTNSE:RHETAN +0.32%42 Days Payable is 130.08 as of Mar. 2026, which is 280% above its 10-year median of 34.22. GuruFocus rates NSE:RHETAN with a GF Score™ of 42/100 and a GF Value™ of ₹7.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 598 Steel companies, Rhetan TMT ranks better than 89.46% on this metric.
Rhetan TMT's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹64.2 Mil. Rhetan TMT's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹45.0 Mil.
Hence, Rhetan TMT's Days Payable for the
three
months ended in Mar. 2026 was 130.08.
The historical rank and industry rank for Rhetan TMT's Days Payable or its related term are showing as below:
NSE:RHETAN'
s Days Payable Range Over the Past 10 Years
Min: 24.94 Med: 34.22 Max: 155.39
Current: 128.47
During the past 7 years, Rhetan TMT's highest Days Payable was 155.39. The lowest was 24.94. And the median was 34.22.
NSE:RHETAN's Days Payable is ranked better than 89.46% of 598
companies
in the Steel industry
Industry Median: 41.37
vs NSE:RHETAN: 128.47
Rhetan TMT's Days Payable
increased
from Mar. 2025 (48.91) to Mar. 2026 (130.08).
It may suggest that Rhetan TMTdelayed paying its suppliers.
Rhetan TMT Days Payable Related Terms
Rhetan TMT Days Payable Historical Data
* Premium members only.
The historical data trend for Rhetan TMT'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:RHETAN vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Rhetan TMT'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.
Rhetan TMT Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Rhetan TMT's Days Payable distribution charts can be found below:
* The bar in red indicates where Rhetan TMT'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.
Rhetan TMT'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.
Rhetan TMT (NSE:RHETAN) has a Days Payable of 130.08 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 Rhetan TMT and its competitors. This is 280% above median its historical median of 34.22. Over the past decade, Rhetan TMT's Days Payable has ranged from 24.94 to 155.39. According to the industry distribution chart, Rhetan TMT ranks #63 out of 598 companies in the Steel industry, placing it in the top 10.5%.
Is Rhetan TMT's Days Payable too high?
Rhetan TMT's current Days Payable of 130.08 is 280% above median its 10-year median of 34.22. Over the past 10 years, this metric has ranged from a low of 24.94 to a high of 155.39. The Steel industry median Days Payable is 41.37. Rhetan TMT's value of 130.08 is 214.4% above this industry median. Based on the distribution chart, Rhetan TMT ranks #63 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Rhetan TMT has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rhetan TMT's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Rhetan TMT ranks #63 out of 598 companies for Days Payable. This places Rhetan TMT in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Rhetan TMT's value of 130.08 is 214.4% above this benchmark. Historically, Rhetan TMT's own Days Payable has ranged from 24.94 to 155.39 over the past decade. While the company's 10-year median is 34.22 vs. the industry median of 41.37, Rhetan TMT 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 41.37, 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. Rhetan TMT's current Days Payable of 130.08 is 214.4% 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 Rhetan TMT 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. Rhetan TMT's current Days Payable is 130.08, which is 280% above median its own 10-year median of 34.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rhetan TMT stock overvalued right now?
Based on GuruFocus' analysis, Rhetan TMT (NSE:RHETAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹7.57, compared to a current price of ₹28.57 — trading 277.4% above its estimated fair value. The current Days Payable is 130.08, which is 280% above median its 10-year median of 34.22 and 214.4% above the Steel industry median of 41.37. Rhetan TMT's overall GF Score™ is 42/100 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 Rhetan TMT (NSE:RHETAN), the current Days Payable is 130.08 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 Rhetan TMT (NSE:RHETAN) Overvalued in 2026?
Based on GuruFocus' analysis, Rhetan TMT stock appears to be overvalued.
The current stock price of ₹28.57 is trading 277.4% above its estimated GF Value™ of ₹7.57.
GuruFocus considers Rhetan TMT to be Significantly Overvalued.
Key valuation signals for NSE:RHETAN:
Days Payable: 130.08 (280% above median its 10-year median of 34.22)
GF Value™: ₹7.57 vs. price of ₹28.57 (277.4% above fair value)
Industry Position: 214.4% above the Steel median (#63 of 598)
No single metric tells the full story. See the NSE:RHETAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.
42GF Score
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