Rajputana Stainless (NSE:RSL) Days Payable: 71.57 (As of Mar. 2026) — 39% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RSL Rajputana Stainless Ltd NSE:RSL
18 GF Score
Price ₹152.72
! 2 Warning Signs
View Full Analysis

What is Rajputana Stainless Days Payable?

Rajputana Stainless NSE:RSL -0.09% 18 Days Payable is 71.57 as of Mar. 2026, which is 39% above its 10-year median of 51.36. GuruFocus rates NSE:RSL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 598 Steel companies, Rajputana Stainless ranks better than 68.39% on this metric.

Rajputana Stainless's average Accounts Payable for the six months ended in Mar. 2026 was ₹1,442 Mil. Rajputana Stainless's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹3,677 Mil. Hence, Rajputana Stainless's Days Payable for the six months ended in Mar. 2026 was 71.57.

The historical rank and industry rank for Rajputana Stainless's Days Payable or its related term are showing as below:

NSE:RSL' s Days Payable Range Over the Past 10 Years
Min: 40.93   Med: 51.36   Max: 63.54
Current: 63.54

During the past 4 years, Rajputana Stainless's highest Days Payable was 63.54. The lowest was 40.93. And the median was 51.36.

NSE:RSL's Days Payable is ranked better than
68.39% of 598 companies
in the Steel industry
Industry Median: 41.37 vs NSE:RSL: 63.54

Rajputana Stainless's Days Payable increased from Mar. 2025 (0.00) to Mar. 2026 (71.57). It may suggest that Rajputana Stainless delayed paying its suppliers.


Rajputana Stainless Days Payable Historical Data

* Premium members only.

The historical data trend for Rajputana Stainless'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.

Rajputana Stainless Days Payable Chart

Rajputana Stainless Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
40.93 45.09 57.63 59.29

Rajputana Stainless Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Payable 0.00 0.00 0.00 60.70 71.57

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

For the Steel subindustry, Rajputana Stainless'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.


Rajputana Stainless Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Rajputana Stainless's Days Payable distribution charts can be found below:

* The bar in red indicates where Rajputana Stainless's Days Payable falls into.


NSE:RSL
18GF Score
Rajputana Stainless Ltd NSE:RSL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rajputana Stainless 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.

Rajputana Stainless'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
=( (1318.104 + 1295.487) / 2 ) / 8045.434*365
=1306.7955 / 8045.434*365
=59.29

Rajputana Stainless'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
=( (1588.211 + 1295.487) / 2 ) / 3676.613*365 / 2
=1441.849 / 3676.613*365 / 2
=71.57

* 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 71.57 mean?
Rajputana Stainless (NSE:RSL) has a Days Payable of 71.57 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 Rajputana Stainless and its competitors. This is 39% above median its historical median of 51.36. Over the past decade, Rajputana Stainless' Days Payable has ranged from 40.93 to 63.54. According to the industry distribution chart, Rajputana Stainless ranks #189 out of 598 companies in the Steel industry, placing it in the top 31.6%.
Is Rajputana Stainless' Days Payable too high?
Rajputana Stainless' current Days Payable of 71.57 is 39% above median its 10-year median of 51.36. Over the past 10 years, this metric has ranged from a low of 40.93 to a high of 63.54. The Steel industry median Days Payable is 41.37. Rajputana Stainless' value of 71.57 is 73% above this industry median. Based on the distribution chart, Rajputana Stainless ranks #189 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Rajputana Stainless has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rajputana Stainless' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Rajputana Stainless ranks #189 out of 598 companies for Days Payable. This puts Rajputana Stainless in the upper half of its industry. The industry median Days Payable is 41.37. Rajputana Stainless' value of 71.57 is 73% above this benchmark. Historically, Rajputana Stainless' own Days Payable has ranged from 40.93 to 63.54 over the past decade. While the company's 10-year median is 51.36 vs. the industry median of 41.37, Rajputana Stainless 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. Rajputana Stainless's current Days Payable of 71.57 is 73% 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 Rajputana Stainless 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. Rajputana Stainless's current Days Payable is 71.57, which is 39% above median its own 10-year median of 51.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajputana Stainless stock overvalued right now?
Rajputana Stainless (NSE:RSL) has a current Days Payable of 71.57. The current Days Payable is 71.57, which is 39% above median its 10-year median of 51.36 and 73% above the Steel industry median of 41.37. Rajputana Stainless' overall GF Score™ is 18/100 with 2 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 Rajputana Stainless (NSE:RSL), the current Days Payable is 71.57 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.

Rajputana Stainless Business Description

Other Exchanges 544731:India
Address Halol Kalol Road, 213, Madhwas, Taluka Kalol, Panchmahal District, Panchmahal, GJ, IND, 389330
Rajputana Stainless Ltd is engaged in the business of manufacturing long and flat stainless-steel products comprising billets, forging ingots, rolled black bar, rolled bright bar, flat & patti, and other ancillary products under the brand name of RSL. Its products are used across a diverse range of industries, including bar processing, seamless pipes, forging, wire manufacturing, engineering, casting, fasteners, utensil manufacturing, pump and shaft, and the auto industry. The company operates in domestic as well as international markets, including Turkey, UAE, Poland, Portugal, USA, South Africa, South Korea, Czech Republic, and Kuwait. The majority of its revenue is derived from the sale of its products in the domestic market.
18GF Score

Get the complete analysis for NSE:RSL

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

₹152.72
Price