Steel Authority Of India (NSE:SAIL) Days Payable: 66.40 (As of Mar. 2026) — 17% Below Median


NSE:SAIL Steel Authority Of India Ltd NSE:SAIL
78 GF Score
Price ₹169.23
GF Value ₹140.84
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Steel Authority Of India Days Payable?

Steel Authority Of India NSE:SAIL -0.38% 78 Days Payable is 66.40 as of Mar. 2026, which is 17% below its 10-year median of 79.99. GuruFocus rates NSE:SAIL with a GF Score™ of 78/100 and a GF Value™ of ₹140.84 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 597 Steel companies, Steel Authority Of India ranks better than 72.7% on this metric.

Steel Authority Of India's average Accounts Payable for the three months ended in Mar. 2026 was ₹108,865 Mil. Steel Authority Of India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹149,606 Mil. Hence, Steel Authority Of India's Days Payable for the three months ended in Mar. 2026 was 66.40.

The historical rank and industry rank for Steel Authority Of India's Days Payable or its related term are showing as below:

NSE:SAIL' s Days Payable Range Over the Past 10 Years
Min: 67.18   Med: 79.99   Max: 92.46
Current: 70.93

During the past 13 years, Steel Authority Of India's highest Days Payable was 92.46. The lowest was 67.18. And the median was 79.99.

NSE:SAIL's Days Payable is ranked better than
72.7% of 597 companies
in the Steel industry
Industry Median: 41.39 vs NSE:SAIL: 70.93

Steel Authority Of India's Days Payable increased from Mar. 2025 (65.38) to Mar. 2026 (66.40). It may suggest that Steel Authority Of India delayed paying its suppliers.


Steel Authority Of India Days Payable Historical Data

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The historical data trend for Steel Authority Of India'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.

Steel Authority Of India Days Payable Chart

Steel Authority Of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.05 85.11 82.03 92.46 70.87

Steel Authority Of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.38 77.49 73.12 68.09 66.40

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

For the Steel subindustry, Steel Authority Of India'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.


Steel Authority Of India Days Payable vs Steel Industry

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

* The bar in red indicates where Steel Authority Of India's Days Payable falls into.


NSE:SAIL
78GF Score
Steel Authority Of India Ltd NSE:SAIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Authority Of India 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.

Steel Authority Of India'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
=( (105039.9 + 108864.7) / 2 ) / 550818.8*365
=106952.3 / 550818.8*365
=70.87

Steel Authority Of India'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 108864.7) / 1 ) / 149605.7*365 / 4
=108864.7 / 149605.7*365 / 4
=66.40

* 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 66.40 mean?
Steel Authority Of India (NSE:SAIL) has a Days Payable of 66.40 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 Steel Authority Of India and its competitors. This is 17% below median its historical median of 79.99. Over the past decade, Steel Authority Of India's Days Payable has ranged from 67.18 to 92.46. According to the industry distribution chart, Steel Authority Of India ranks #163 out of 597 companies in the Steel industry, placing it in the top 27.3%.
Is Steel Authority Of India's Days Payable too high?
Steel Authority Of India's current Days Payable of 66.40 is 17% below median its 10-year median of 79.99. Over the past 10 years, this metric has ranged from a low of 67.18 to a high of 92.46. The Steel industry median Days Payable is 41.39. Steel Authority Of India's value of 66.40 is 60.4% above this industry median. Based on the distribution chart, Steel Authority Of India ranks #163 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Steel Authority Of India has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Authority Of India's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Steel Authority Of India ranks #163 out of 597 companies for Days Payable. This puts Steel Authority Of India in the upper half of its industry. The industry median Days Payable is 41.39. Steel Authority Of India's value of 66.40 is 60.4% above this benchmark. Historically, Steel Authority Of India's own Days Payable has ranged from 67.18 to 92.46 over the past decade. While the company's 10-year median is 79.99 vs. the industry median of 41.39, Steel Authority Of India 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. Steel Authority Of India's current Days Payable of 66.40 is 60.4% 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 Steel Authority Of India 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. Steel Authority Of India's current Days Payable is 66.40, which is 17% below median its own 10-year median of 79.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Authority Of India stock overvalued right now?
Based on GuruFocus' analysis, Steel Authority Of India (NSE:SAIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹140.84, compared to a current price of ₹169.23 — trading 20.2% above its estimated fair value. The current Days Payable is 66.40, which is 17% below median its 10-year median of 79.99 and 60.4% above the Steel industry median of 41.39. Steel Authority Of India's overall GF Score™ is 78/100 with 3 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 Steel Authority Of India (NSE:SAIL), the current Days Payable is 66.40 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 Steel Authority Of India (NSE:SAIL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Authority Of India stock appears to be overvalued. The current stock price of ₹169.23 is trading 20.2% above its estimated GF Value™ of ₹140.84. GuruFocus considers Steel Authority Of India to be Modestly Overvalued.

Key valuation signals for NSE:SAIL:

  • Days Payable: 66.40 (17% below median its 10-year median of 79.99)
  • GF Value™: ₹140.84 vs. price of ₹169.23 (20.2% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 60.4% above the Steel median (#163 of 597)

No single metric tells the full story. See the NSE:SAIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steel Authority Of India Business Description

Other Exchanges 500113:India
Address Lodi Road, Ispat Bhawan, New Delhi, IND, 110003
Steel Authority Of India Ltd is a steelmaker. The company produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. The segments of the company include BSP, DSP, RSP, BSL, ISP, ASP, SSP, VISL and Others. It generates maximum of its revenue from the Indian domestic market.
78GF Score

Get the complete analysis for NSE:SAIL

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

₹169.23
Price
₹140.84
GF Value