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Shri Kanha StainlessNSE:SHRIKANHA +4.86%13 Days Payable is 70.20 as of Mar. 2026, which is 24% above its 10-year median of 56.72. GuruFocus rates NSE:SHRIKANHA with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 598 Steel companies, Shri Kanha Stainless ranks better than 71.91% on this metric.
The historical rank and industry rank for Shri Kanha Stainless's Days Payable or its related term are showing as below:
NSE:SHRIKANHA'
s Days Payable Range Over the Past 10 Years
Min: 32.98 Med: 56.72 Max: 81.61
Current: 69.25
During the past 4 years, Shri Kanha Stainless's highest Days Payable was 81.61. The lowest was 32.98. And the median was 56.72.
NSE:SHRIKANHA's Days Payable is ranked better than 71.91% of 598
companies
in the Steel industry
Industry Median: 41.39
vs NSE:SHRIKANHA: 69.25
Shri Kanha Stainless's Days Payable
increased
from Mar. 2025 (69.94) to Mar. 2026 (70.20).
It may suggest that Shri Kanha Stainlessdelayed paying its suppliers.
The historical data trend for Shri Kanha 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.
Shri Kanha Stainless Days Payable Chart
Shri Kanha Stainless Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Days Payable
32.98
45.03
81.61
68.40
Shri Kanha Stainless Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Days Payable
0.00
0.00
69.94
69.22
70.20
NSE:SHRIKANHA vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Shri Kanha 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.
Shri Kanha Stainless Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Shri Kanha Stainless's Days Payable distribution charts can be found below:
* The bar in red indicates where Shri Kanha Stainless'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.
Shri Kanha Stainless'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.
Shri Kanha Stainless (NSE:SHRIKANHA) has a Days Payable of 70.20 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 Shri Kanha Stainless and its competitors. This is 24% above median its historical median of 56.72. Over the past decade, Shri Kanha Stainless' Days Payable has ranged from 32.98 to 81.61. According to the industry distribution chart, Shri Kanha Stainless ranks #168 out of 598 companies in the Steel industry, placing it in the top 28.1%.
Is Shri Kanha Stainless' Days Payable too high?
Shri Kanha Stainless' current Days Payable of 70.20 is 24% above median its 10-year median of 56.72. Over the past 10 years, this metric has ranged from a low of 32.98 to a high of 81.61. The Steel industry median Days Payable is 41.39. Shri Kanha Stainless' value of 70.20 is 69.6% above this industry median. Based on the distribution chart, Shri Kanha Stainless ranks #168 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Shri Kanha Stainless has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shri Kanha Stainless' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Kanha Stainless ranks #168 out of 598 companies for Days Payable. This puts Shri Kanha Stainless in the upper half of its industry. The industry median Days Payable is 41.39. Shri Kanha Stainless' value of 70.20 is 69.6% above this benchmark. Historically, Shri Kanha Stainless' own Days Payable has ranged from 32.98 to 81.61 over the past decade. While the company's 10-year median is 56.72 vs. the industry median of 41.39, Shri Kanha 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 41.39, 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. Shri Kanha Stainless's current Days Payable of 70.20 is 69.6% 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 Shri Kanha Stainless 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. Shri Kanha Stainless's current Days Payable is 70.20, which is 24% above median its own 10-year median of 56.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Kanha Stainless stock overvalued right now?
Shri Kanha Stainless (NSE:SHRIKANHA) has a current Days Payable of 70.20. The current Days Payable is 70.20, which is 24% above median its 10-year median of 56.72 and 69.6% above the Steel industry median of 41.39. Shri Kanha Stainless' overall GF Score™ is 13/100 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 Shri Kanha Stainless (NSE:SHRIKANHA), the current Days Payable is 70.20 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.
Shri Kanha Stainless Ltd is a manufacturer of precision stainless steel cold-rolled strips, offering a wide range of thin and ultra-thin variants designed to meet diverse industrial requirements. The company's products are widely used across various sectors, including the textile, automotive, and chemical industries, as well as in flexible tubes, capillary tubes, clocks, watches, and electrical equipment. Its key product offerings include Cold Rolling of Stainless-Steel Precision Strips (HR/CR SS Coil/Slitted), Stainless Steel Circle, and Stainless Steel Sheet. The company derives revenue from the sale of its products, mainly from the sale of HR/CR SS Coil/Slitted products.
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