Steel Strips Wheels (NSE:SSWL) Days Payable: 92.80 (As of Mar. 2026) — 15% Above Median


NSE:SSWL Steel Strips Wheels Ltd NSE:SSWL
85 GF Score
Price ₹252.37
GF Value ₹258.33
Valuation Fairly Valued
! 5 Warning Signs
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What is Steel Strips Wheels Days Payable?

Steel Strips Wheels NSE:SSWL +1.74% 85 Days Payable is 92.80 as of Mar. 2026, which is 15% above its 10-year median of 80.93. GuruFocus rates NSE:SSWL with a GF Score™ of 85/100 and a GF Value™ of ₹258.33 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Steel Strips Wheels ranks better than 61.68% on this metric.

Steel Strips Wheels's average Accounts Payable for the three months ended in Mar. 2026 was ₹10,019 Mil. Steel Strips Wheels's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹9,852 Mil. Hence, Steel Strips Wheels's Days Payable for the three months ended in Mar. 2026 was 92.80.

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

NSE:SSWL' s Days Payable Range Over the Past 10 Years
Min: 53.7   Med: 80.93   Max: 94.24
Current: 84.9

During the past 13 years, Steel Strips Wheels's highest Days Payable was 94.24. The lowest was 53.70. And the median was 80.93.

NSE:SSWL's Days Payable is ranked better than
61.68% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 67.015 vs NSE:SSWL: 84.90

Steel Strips Wheels's Days Payable increased from Mar. 2025 (83.99) to Mar. 2026 (92.80). It may suggest that Steel Strips Wheels delayed paying its suppliers.


Steel Strips Wheels Days Payable Historical Data

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The historical data trend for Steel Strips Wheels'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 Strips Wheels Days Payable Chart

Steel Strips Wheels 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 89.40 80.64 72.41 86.39 94.24

Steel Strips Wheels 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 83.99 89.11 72.72 64.80 92.80

NSE:SSWL vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Steel Strips Wheels'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 Strips Wheels Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Days Payable distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Days Payable falls into.


NSE:SSWL
85GF Score
Steel Strips Wheels Ltd NSE:SSWL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Strips Wheels 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 Strips Wheels'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
=( (7530.128 + 10018.99) / 2 ) / 33985.473*365
=8774.559 / 33985.473*365
=94.24

Steel Strips Wheels'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 + 10018.99) / 1 ) / 9851.827*365 / 4
=10018.99 / 9851.827*365 / 4
=92.80

* 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 92.80 mean?
Steel Strips Wheels (NSE:SSWL) has a Days Payable of 92.80 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 Strips Wheels and its competitors. This is 15% above median its historical median of 80.93. Over the past decade, Steel Strips Wheels' Days Payable has ranged from 53.70 to 94.24. According to the industry distribution chart, Steel Strips Wheels ranks #502 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 38.3%.
Is Steel Strips Wheels' Days Payable too high?
Steel Strips Wheels' current Days Payable of 92.80 is 15% above median its 10-year median of 80.93. Over the past 10 years, this metric has ranged from a low of 53.70 to a high of 94.24. The Vehicles & Parts industry median Days Payable is 67.02. Steel Strips Wheels' value of 92.80 is 38.5% above this industry median. Based on the distribution chart, Steel Strips Wheels ranks #502 out of 1310 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Steel Strips Wheels has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Steel Strips Wheels ranks #502 out of 1310 companies for Days Payable. This puts Steel Strips Wheels in the upper half of its industry. The industry median Days Payable is 67.02. Steel Strips Wheels' value of 92.80 is 38.5% above this benchmark. Historically, Steel Strips Wheels' own Days Payable has ranged from 53.70 to 94.24 over the past decade. While the company's 10-year median is 80.93 vs. the industry median of 67.02, Steel Strips Wheels 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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 Strips Wheels's current Days Payable of 92.80 is 38.5% 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 Strips Wheels and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current Days Payable is 92.80, which is 15% above median its own 10-year median of 80.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Fairly Valued. The stock's GF Value™ is ₹258.33, compared to a current price of ₹252.37 — trading 2.3% below its estimated fair value. The current Days Payable is 92.80, which is 15% above median its 10-year median of 80.93 and 38.5% above the Vehicles & Parts industry median of 67.02. Steel Strips Wheels' overall GF Score™ is 85/100 with 5 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 Strips Wheels (NSE:SSWL), the current Days Payable is 92.80 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 Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be undervalued. The current stock price of ₹252.37 is trading 2.3% below its estimated GF Value™ of ₹258.33. GuruFocus considers Steel Strips Wheels to be Fairly Valued.

Key valuation signals for NSE:SSWL:

  • Days Payable: 92.80 (15% above median its 10-year median of 80.93)
  • GF Value™: ₹258.33 vs. price of ₹252.37 (2.3% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 38.5% above the Vehicles & Parts median (#502 of 1310)

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


Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
85GF Score

Get the complete analysis for NSE:SSWL

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

₹252.37
Price
₹258.33
GF Value