Scoda Tubes (NSE:SCODATUBES) Days Payable: 110.02 (As of Mar. 2026) — 88% Above Median


NSE:SCODATUBES Scoda Tubes Ltd NSE:SCODATUBES
13 GF Score
Price ₹150.35
! 3 Warning Signs
View Full Analysis

What is Scoda Tubes Days Payable?

Scoda Tubes NSE:SCODATUBES +3.88% 13 Days Payable is 110.02 as of Mar. 2026, which is 88% above its 10-year median of 58.51. GuruFocus rates NSE:SCODATUBES with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 598 Steel companies, Scoda Tubes ranks better than 86.62% on this metric.

Scoda Tubes's average Accounts Payable for the three months ended in Mar. 2026 was ₹994 Mil. Scoda Tubes's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹824 Mil. Hence, Scoda Tubes's Days Payable for the three months ended in Mar. 2026 was 110.02.

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

NSE:SCODATUBES' s Days Payable Range Over the Past 10 Years
Min: 18.89   Med: 58.51   Max: 115.53
Current: 115.53

During the past 5 years, Scoda Tubes's highest Days Payable was 115.53. The lowest was 18.89. And the median was 58.51.

NSE:SCODATUBES's Days Payable is ranked better than
86.62% of 598 companies
in the Steel industry
Industry Median: 41.385 vs NSE:SCODATUBES: 115.53

Scoda Tubes's Days Payable increased from Mar. 2025 (68.29) to Mar. 2026 (110.02). It may suggest that Scoda Tubes delayed paying its suppliers.


Scoda Tubes Days Payable Historical Data

* Premium members only.

The historical data trend for Scoda Tubes'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.

Scoda Tubes Days Payable Chart

Scoda Tubes Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
18.89 44.48 62.59 58.51 102.70

Scoda Tubes Quarterly Data
Mar22 Mar23 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 68.29 0.00 117.57 107.57 110.02

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

For the Steel subindustry, Scoda Tubes'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.


Scoda Tubes Days Payable vs Steel Industry

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

* The bar in red indicates where Scoda Tubes's Days Payable falls into.


NSE:SCODATUBES
13GF Score
Scoda Tubes Ltd NSE:SCODATUBES
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scoda Tubes 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.

Scoda Tubes'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
=( (0 + 993.84) / 1 ) / 3532.31*365
=993.84 / 3532.31*365
=102.70

Scoda Tubes'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 + 993.84) / 1 ) / 824.32*365 / 4
=993.84 / 824.32*365 / 4
=110.02

* 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 110.02 mean?
Scoda Tubes (NSE:SCODATUBES) has a Days Payable of 110.02 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 Scoda Tubes and its competitors. This is 88% above median its historical median of 58.51. Over the past decade, Scoda Tubes' Days Payable has ranged from 18.89 to 115.53. According to the industry distribution chart, Scoda Tubes ranks #80 out of 598 companies in the Steel industry, placing it in the top 13.4%.
Is Scoda Tubes' Days Payable too high?
Scoda Tubes' current Days Payable of 110.02 is 88% above median its 10-year median of 58.51. Over the past 10 years, this metric has ranged from a low of 18.89 to a high of 115.53. The Steel industry median Days Payable is 41.39. Scoda Tubes' value of 110.02 is 165.8% above this industry median. Based on the distribution chart, Scoda Tubes ranks #80 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Scoda Tubes has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Scoda Tubes' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Scoda Tubes ranks #80 out of 598 companies for Days Payable. This places Scoda Tubes in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Scoda Tubes' value of 110.02 is 165.8% above this benchmark. Historically, Scoda Tubes' own Days Payable has ranged from 18.89 to 115.53 over the past decade. While the company's 10-year median is 58.51 vs. the industry median of 41.39, Scoda Tubes 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 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. Scoda Tubes's current Days Payable of 110.02 is 165.8% 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 Scoda Tubes 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. Scoda Tubes's current Days Payable is 110.02, which is 88% above median its own 10-year median of 58.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scoda Tubes stock overvalued right now?
Scoda Tubes (NSE:SCODATUBES) has a current Days Payable of 110.02. The current Days Payable is 110.02, which is 88% above median its 10-year median of 58.51 and 165.8% above the Steel industry median of 41.39. Scoda Tubes' overall GF Score™ is 13/100 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 Scoda Tubes (NSE:SCODATUBES), the current Days Payable is 110.02 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.

Scoda Tubes Business Description

Other Exchanges 544411:India
Address Mehsana highway, Survey No. 2442, 2443, 2446, Rajpur, Mehsana, Ahmedabad, GJ, IND, 382715
Scoda Tubes Ltd is a manufacturer of stainless-steel tubes and pipes. The company's product includes Stainless Steel Seamless Pipes, Stainless Steel Seamless Tube, Stainless Steel Instrumentation Tubes, Stainless Steel Welded Pipes, Stainless Steel Welded Tubes, and Stainless Steel Welded 'U' Tubes. Geographically, the company generates the majority of its revenue within India.
13GF Score

Get the complete analysis for NSE:SCODATUBES

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

₹150.35
Price