Steel City Securities (NSE:STEELCITY) Days Payable: 1,388.50 (As of Mar. 2026) — 77% Above Median

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NSE:STEELCITY Steel City Securities Ltd NSE:STEELCITY
81 GF Score
Price ₹76.96
GF Value ₹94.81
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Steel City Securities Days Payable?

Steel City Securities NSE:STEELCITY -0.35% 81 Days Payable is 1,388.50 as of Mar. 2026, which is 77% above its 10-year median of 782.93. GuruFocus rates NSE:STEELCITY with a GF Score™ of 81/100 and a GF Value™ of ₹94.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 539 Capital Markets companies, Steel City Securities ranks better than 84.04% on this metric.

Steel City Securities's average Accounts Payable for the three months ended in Mar. 2026 was ₹684.6 Mil. Steel City Securities's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹45.0 Mil. Hence, Steel City Securities's Days Payable for the three months ended in Mar. 2026 was 1,388.50.

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

NSE:STEELCITY' s Days Payable Range Over the Past 10 Years
Min: 482.82   Med: 782.93   Max: 1606.51
Current: 1391.77

During the past 13 years, Steel City Securities's highest Days Payable was 1606.51. The lowest was 482.82. And the median was 782.93.

NSE:STEELCITY's Days Payable is ranked better than
84.04% of 539 companies
in the Capital Markets industry
Industry Median: 88.46 vs NSE:STEELCITY: 1391.77

Steel City Securities's Days Payable declined from Mar. 2025 (1,537.03) to Mar. 2026 (1,388.50). It may suggest that Steel City Securities accelerated paying its suppliers.


Steel City Securities Days Payable Historical Data

* Premium members only.

The historical data trend for Steel City Securities'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 City Securities Days Payable Chart

Steel City Securities 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 679.66 915.92 998.32 1,606.51 1,466.37

Steel City Securities 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 1,537.03 1,508.32 1,182.35 1,357.66 1,388.50

NSE:STEELCITY vs MS, GS, SCHW: Days Payable Comparison

For the Capital Markets subindustry, Steel City Securities'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 City Securities Days Payable vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Steel City Securities's Days Payable distribution charts can be found below:

* The bar in red indicates where Steel City Securities's Days Payable falls into.


NSE:STEELCITY
81GF Score
Steel City Securities Ltd NSE:STEELCITY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel City Securities 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 City Securities'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
=( (599.28 + 684.617) / 2 ) / 159.79*365
=641.9485 / 159.79*365
=1,466.37

Steel City Securities'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 + 684.617) / 1 ) / 44.992*365 / 4
=684.617 / 44.992*365 / 4
=1,388.50

* 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 1,388.50 mean?
Steel City Securities (NSE:STEELCITY) has a Days Payable of 1,388.50 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 City Securities and its competitors. This is 77% above median its historical median of 782.93. Over the past decade, Steel City Securities' Days Payable has ranged from 482.82 to 1,606.51. According to the industry distribution chart, Steel City Securities ranks #86 out of 539 companies in the Capital Markets industry, placing it in the top 16%.
Is Steel City Securities' Days Payable too high?
Steel City Securities' current Days Payable of 1,388.50 is 77% above median its 10-year median of 782.93. Over the past 10 years, this metric has ranged from a low of 482.82 to a high of 1,606.51. The Capital Markets industry median Days Payable is 88.46. Steel City Securities' value of 1,388.50 is 1469.6% above this industry median. Based on the distribution chart, Steel City Securities ranks #86 out of 539 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Steel City Securities has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel City Securities' Days Payable compare to MS and GS?
According to the Capital Markets industry distribution chart, Steel City Securities ranks #86 out of 539 companies for Days Payable. This places Steel City Securities in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 88.46. Steel City Securities' value of 1,388.50 is 1469.6% above this benchmark. Historically, Steel City Securities' own Days Payable has ranged from 482.82 to 1,606.51 over the past decade. While the company's 10-year median is 782.93 vs. the industry median of 88.46, Steel City Securities 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 88.46, based on 539 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 City Securities's current Days Payable of 1,388.50 is 1469.6% 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 Steel City Securities and its competitors. For the Capital Markets industry, the median Days Payable is 88.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel City Securities's current Days Payable is 1,388.50, which is 77% above median its own 10-year median of 782.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel City Securities stock overvalued right now?
Based on GuruFocus' analysis, Steel City Securities (NSE:STEELCITY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹94.81, compared to a current price of ₹76.96 — trading 18.8% below its estimated fair value. The current Days Payable is 1,388.50, which is 77% above median its 10-year median of 782.93 and 1469.6% above the Capital Markets industry median of 88.46. Steel City Securities' overall GF Score™ is 81/100 with 3 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 City Securities (NSE:STEELCITY), the current Days Payable is 1,388.50 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 City Securities (NSE:STEELCITY) Overvalued in 2026?

Based on GuruFocus' analysis, Steel City Securities stock appears to be undervalued. The current stock price of ₹76.96 is trading 18.8% below its estimated GF Value™ of ₹94.81. GuruFocus considers Steel City Securities to be Modestly Undervalued.

Key valuation signals for NSE:STEELCITY:

  • Days Payable: 1,388.50 (77% above median its 10-year median of 782.93)
  • GF Value™: ₹94.81 vs. price of ₹76.96 (18.8% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 1469.6% above the Capital Markets median (#86 of 539)

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


Steel City Securities Business Description

Address 50-81-18, Seethammapeta Main Road, Steel City Heights, Visakhapatnam, AP, IND, 530016
Steel City Securities Ltd is engaged in the business of retail broking (securities and commodity broking), DP Services, E-Governance, Services of EA of UIDAI, Corporate insurance agents, and marketing support services. The operating segment of the company are Stock Broking and DP Operations; and E-Governance Operations. It generates maximum revenue from the Stockbroking and DP Operations.
81GF Score

Get the complete analysis for NSE:STEELCITY

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

₹76.96
Price
₹94.81
GF Value