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Shah MetacorpNSE:SHAH -0.64%61 Days Payable is 31.28 as of Mar. 2026, which is 79% below its 10-year median of 147.49. GuruFocus rates NSE:SHAH with a GF Score™ of 61/100 and a GF Value™ of ₹2.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Shah Metacorp ranks better than 57.69% on this metric.
The historical rank and industry rank for Shah Metacorp's Days Payable or its related term are showing as below:
NSE:SHAH'
s Days Payable Range Over the Past 10 Years
Min: 31.18 Med: 147.49 Max: 474.55
Current: 50.15
During the past 13 years, Shah Metacorp's highest Days Payable was 474.55. The lowest was 31.18. And the median was 147.49.
NSE:SHAH's Days Payable is ranked better than 57.69% of 598
companies
in the Steel industry
Industry Median: 41.37
vs NSE:SHAH: 50.15
Shah Metacorp's Days Payable
declined
from Mar. 2025 (33.31) to Mar. 2026 (31.28).
It may suggest that Shah Metacorpaccelerated paying its suppliers.
Shah Metacorp Days Payable Related Terms
Shah Metacorp Days Payable Historical Data
* Premium members only.
The historical data trend for Shah Metacorp'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:SHAH vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Shah Metacorp'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.
Shah Metacorp Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Shah Metacorp's Days Payable distribution charts can be found below:
* The bar in red indicates where Shah Metacorp'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.
Shah Metacorp'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.
Shah Metacorp (NSE:SHAH) has a Days Payable of 31.28 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 Shah Metacorp and its competitors. This is 79% below median its historical median of 147.49. Over the past decade, Shah Metacorp's Days Payable has ranged from 31.18 to 474.55. According to the industry distribution chart, Shah Metacorp ranks #253 out of 598 companies in the Steel industry, placing it in the top 42.3%.
Is Shah Metacorp's Days Payable too high?
Shah Metacorp's current Days Payable of 31.28 is 79% below median its 10-year median of 147.49. Over the past 10 years, this metric has ranged from a low of 31.18 to a high of 474.55. The Steel industry median Days Payable is 41.37. Shah Metacorp's value of 31.28 is 24.4% below this industry median. Based on the distribution chart, Shah Metacorp ranks #253 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Shah Metacorp has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shah Metacorp's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Shah Metacorp ranks #253 out of 598 companies for Days Payable. This puts Shah Metacorp in the upper half of its industry. The industry median Days Payable is 41.37. Shah Metacorp's value of 31.28 is 24.4% below this benchmark. Historically, Shah Metacorp's own Days Payable has ranged from 31.18 to 474.55 over the past decade. While the company's 10-year median is 147.49 vs. the industry median of 41.37, Shah Metacorp has consistently been below 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. Shah Metacorp's current Days Payable of 31.28 is 24.4% below 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 Shah Metacorp 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. Shah Metacorp's current Days Payable is 31.28, which is 79% below median its own 10-year median of 147.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Metacorp stock overvalued right now?
Based on GuruFocus' analysis, Shah Metacorp (NSE:SHAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.93, compared to a current price of ₹4.63 — trading 58% above its estimated fair value. The current Days Payable is 31.28, which is 79% below median its 10-year median of 147.49 and 24.4% below the Steel industry median of 41.37. Shah Metacorp's overall GF Score™ is 61/100 with 4 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 Shah Metacorp (NSE:SHAH), the current Days Payable is 31.28 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 Shah Metacorp (NSE:SHAH) Overvalued in 2026?
Based on GuruFocus' analysis, Shah Metacorp stock appears to be overvalued.
The current stock price of ₹4.63 is trading 58% above its estimated GF Value™ of ₹2.93.
GuruFocus considers Shah Metacorp to be Significantly Overvalued.
Key valuation signals for NSE:SHAH:
Days Payable: 31.28 (79% below median its 10-year median of 147.49)
GF Value™: ₹2.93 vs. price of ₹4.63 (58% above fair value)
Industry Position: 24.4% below the Steel median (#253 of 598)
No single metric tells the full story. See the NSE:SHAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shah Metacorp Ltd manufactures, exports, and supplies Stainless Steel Long Products. The company's product portfolio includes Equal Angle bars, Bright bars, Flat bars, Flats (pata), and Ingots. The company operates in only one segment, being SS Products.
61GF Score
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