Sarthak Metals (NSE:SMLT) Days Payable: 1.61 (As of Mar. 2026) — 59% Below Median


NSE:SMLT Sarthak Metals Ltd NSE:SMLT
68 GF Score
Price ₹71.42
GF Value ₹121.21
Valuation Possible Value Trap
! 6 Warning Signs
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What is Sarthak Metals Days Payable?

Sarthak Metals NSE:SMLT +1.91% 68 Days Payable is 1.61 as of Mar. 2026, which is 59% below its 10-year median of 3.91. GuruFocus rates NSE:SMLT with a GF Score™ of 68/100 and a GF Value™ of ₹121.21 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,987 Industrial Products companies, Sarthak Metals ranks worse than 99.77% on this metric.

Sarthak Metals's average Accounts Payable for the three months ended in Mar. 2026 was ₹9 Mil. Sarthak Metals's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹494 Mil. Hence, Sarthak Metals's Days Payable for the three months ended in Mar. 2026 was 1.61.

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

NSE:SMLT' s Days Payable Range Over the Past 10 Years
Min: 0.45   Med: 3.91   Max: 7.77
Current: 2.57

During the past 13 years, Sarthak Metals's highest Days Payable was 7.77. The lowest was 0.45. And the median was 3.91.

NSE:SMLT's Days Payable is ranked worse than
99.77% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs NSE:SMLT: 2.57

Sarthak Metals's Days Payable declined from Mar. 2025 (7.23) to Mar. 2026 (1.61). It may suggest that Sarthak Metals accelerated paying its suppliers.


Sarthak Metals Days Payable Historical Data

* Premium members only.

The historical data trend for Sarthak Metals'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.

Sarthak Metals Days Payable Chart

Sarthak Metals 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 5.06 5.68 0.45 1.38 3.06

Sarthak Metals 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 7.23 2.54 4.31 2.06 1.61

NSE:SMLT vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Sarthak Metals'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.


Sarthak Metals Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sarthak Metals's Days Payable distribution charts can be found below:

* The bar in red indicates where Sarthak Metals's Days Payable falls into.


NSE:SMLT
68GF Score
Sarthak Metals Ltd NSE:SMLT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sarthak Metals 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.

Sarthak Metals'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
=( (9.889 + 15.74) / 2 ) / 1530.021*365
=12.8145 / 1530.021*365
=3.06

Sarthak Metals'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
=( (1.654 + 15.74) / 2 ) / 493.596*365 / 4
=8.697 / 493.596*365 / 4
=1.61

* 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 1.61 mean?
Sarthak Metals (NSE:SMLT) has a Days Payable of 1.61 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 Sarthak Metals and its competitors. This is 59% below median its historical median of 3.91. Over the past decade, Sarthak Metals' Days Payable has ranged from 0.45 to 7.77. According to the industry distribution chart, Sarthak Metals ranks #2980 out of 2987 companies in the Industrial Products industry, placing it in the top 99.8%.
Is Sarthak Metals' Days Payable too high?
Sarthak Metals' current Days Payable of 1.61 is 59% below median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 7.77. The Industrial Products industry median Days Payable is 78.05. Sarthak Metals' value of 1.61 is 97.9% below this industry median. Based on the distribution chart, Sarthak Metals ranks #2980 out of 2987 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Sarthak Metals has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sarthak Metals' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Sarthak Metals ranks #2980 out of 2987 companies for Days Payable. This places Sarthak Metals in the lower half of its industry. The industry median Days Payable is 78.05. Sarthak Metals' value of 1.61 is 97.9% below this benchmark. Historically, Sarthak Metals' own Days Payable has ranged from 0.45 to 7.77 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 78.05, Sarthak Metals 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Sarthak Metals's current Days Payable of 1.61 is 97.9% 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 Sarthak Metals and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sarthak Metals's current Days Payable is 1.61, which is 59% below median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarthak Metals stock overvalued right now?
Based on GuruFocus' analysis, Sarthak Metals (NSE:SMLT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹121.21, compared to a current price of ₹71.42 — trading 41.1% below its estimated fair value. The current Days Payable is 1.61, which is 59% below median its 10-year median of 3.91 and 97.9% below the Industrial Products industry median of 78.05. Sarthak Metals' overall GF Score™ is 68/100 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 Sarthak Metals (NSE:SMLT), the current Days Payable is 1.61 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 Sarthak Metals (NSE:SMLT) Overvalued in 2026?

Based on GuruFocus' analysis, Sarthak Metals stock appears to be undervalued. The current stock price of ₹71.42 is trading 41.1% below its estimated GF Value™ of ₹121.21. GuruFocus considers Sarthak Metals to be Possible Value Trap.

Key valuation signals for NSE:SMLT:

  • Days Payable: 1.61 (59% below median its 10-year median of 3.91)
  • GF Value™: ₹121.21 vs. price of ₹71.42 (41.1% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 97.9% below the Industrial Products median (#2980 of 2987)

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


Sarthak Metals Business Description

Other Exchanges 540393:India
Address B.B.C. Colony, G.E. Road, Near Bhilai ITI, Khursipar, Bhilai, CT, IND, 490011
Sarthak Metals Ltd focuses on precision metallurgy, enhancing steel manufacturing processes, and providing industrial welding consumables. The company is engaged in the manufacturing and selling of a wide variety of cored wires, ferroalloys, and aluminum flipping coils, providing products and solutions that are targeted to attaining precision in metallurgy and fine-tuning of steel manufacturing. The company generates the majority of its revenue from the sale of products within India.
68GF Score

Get the complete analysis for NSE:SMLT

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

₹71.42
Price
₹121.21
GF Value