SteelcastNSE:STEELCAS +3.17%81 Days Payable is 35.64 as of Mar. 2026, which is 23% below its 10-year median of 46.13. GuruFocus rates NSE:STEELCAS with a GF Score™ of 81/100 and a GF Value™ of ₹188.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 597 Steel companies, Steelcast ranks worse than 53.94% on this metric.
Steelcast's average Accounts Payable for the
three
months ended in Mar. 2026 was ₹253 Mil. Steelcast's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹648 Mil.
Hence, Steelcast's Days Payable for the
three
months ended in Mar. 2026 was 35.64.
The historical rank and industry rank for Steelcast's Days Payable or its related term are showing as below:
NSE:STEELCAS'
s Days Payable Range Over the Past 10 Years
Min: 37.72 Med: 46.13 Max: 52.84
Current: 38.42
During the past 13 years, Steelcast's highest Days Payable was 52.84. The lowest was 37.72. And the median was 46.13.
NSE:STEELCAS's Days Payable is ranked worse than 53.94% of 597
companies
in the Steel industry
Industry Median: 41.39
vs NSE:STEELCAS: 38.42
Steelcast's Days Payable
declined
from Mar. 2025 (44.41) to Mar. 2026 (35.64).
It may suggest that Steelcastaccelerated paying its suppliers.
Steelcast Days Payable Related Terms
Steelcast Days Payable Historical Data
* Premium members only.
The historical data trend for Steelcast'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:STEELCAS vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Steelcast'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.
Steelcast Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Steelcast's Days Payable distribution charts can be found below:
* The bar in red indicates where Steelcast'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.
Steelcast'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.
Steelcast (NSE:STEELCAS) has a Days Payable of 35.64 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 Steelcast and its competitors. This is 23% below median its historical median of 46.13. Over the past decade, Steelcast's Days Payable has ranged from 37.72 to 52.84. According to the industry distribution chart, Steelcast ranks #322 out of 597 companies in the Steel industry, placing it in the top 53.9%.
Is Steelcast's Days Payable too high?
Steelcast's current Days Payable of 35.64 is 23% below median its 10-year median of 46.13. Over the past 10 years, this metric has ranged from a low of 37.72 to a high of 52.84. The Steel industry median Days Payable is 41.39. Steelcast's value of 35.64 is 13.9% below this industry median. Based on the distribution chart, Steelcast ranks #322 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Steelcast has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steelcast's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Steelcast ranks #322 out of 597 companies for Days Payable. This places Steelcast in the lower half of its industry. The industry median Days Payable is 41.39. Steelcast's value of 35.64 is 13.9% below this benchmark. Historically, Steelcast's own Days Payable has ranged from 37.72 to 52.84 over the past decade. While the company's 10-year median is 46.13 vs. the industry median of 41.39, Steelcast 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 41.39, based on 597 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. Steelcast's current Days Payable of 35.64 is 13.9% 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 Steelcast 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. Steelcast's current Days Payable is 35.64, which is 23% below median its own 10-year median of 46.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steelcast stock overvalued right now?
Based on GuruFocus' analysis, Steelcast (NSE:STEELCAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹188.45, compared to a current price of ₹320.40 — trading 70% above its estimated fair value. The current Days Payable is 35.64, which is 23% below median its 10-year median of 46.13 and 13.9% below the Steel industry median of 41.39. Steelcast's overall GF Score™ is 81/100 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 Steelcast (NSE:STEELCAS), the current Days Payable is 35.64 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 Steelcast (NSE:STEELCAS) Overvalued in 2026?
Based on GuruFocus' analysis, Steelcast stock appears to be overvalued.
The current stock price of ₹320.40 is trading 70% above its estimated GF Value™ of ₹188.45.
GuruFocus considers Steelcast to be Significantly Overvalued.
Key valuation signals for NSE:STEELCAS:
Days Payable: 35.64 (23% below median its 10-year median of 46.13)
GF Value™: ₹188.45 vs. price of ₹320.40 (70% above fair value)
Industry Position: 13.9% below the Steel median (#322 of 597)
No single metric tells the full story. See the NSE:STEELCAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steelcast Ltd is engaged in the steel business sector and has various product lines that include carbon steel, low alloy steel, high alloy steel, and other superior grades of wear and abrasion-resistant steel castings produced by no-bake and shell molding processes with quality control facilities. It operates under a segment that is the Casting Manufacturing business. The company caters to the following industries that are earthmoving equipment, mining equipment, construction equipment, casting for steel plants, casting for cement plants, and railways. In terms of revenue, the company earns the majority of its revenue from Outside India .
81GF Score
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