Sunflag Iron & Steel Co (NSE:SUNFLAG) Days Payable: 82.97 (As of Mar. 2026) — 19% Above Median


NSE:SUNFLAG Sunflag Iron & Steel Co Ltd NSE:SUNFLAG
75 GF Score
Price ₹327.40
GF Value ₹258.78
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Sunflag Iron & Steel Co Days Payable?

Sunflag Iron & Steel Co NSE:SUNFLAG -1.62% 75 Days Payable is 82.97 as of Mar. 2026, which is 19% above its 10-year median of 69.59. GuruFocus rates NSE:SUNFLAG with a GF Score™ of 75/100 and a GF Value™ of ₹258.78 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 597 Steel companies, Sunflag Iron & Steel Co ranks better than 73.2% on this metric.

Sunflag Iron & Steel Co's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,466 Mil. Sunflag Iron & Steel Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,011 Mil. Hence, Sunflag Iron & Steel Co's Days Payable for the three months ended in Mar. 2026 was 82.97.

The historical rank and industry rank for Sunflag Iron & Steel Co's Days Payable or its related term are showing as below:

NSE:SUNFLAG' s Days Payable Range Over the Past 10 Years
Min: 38.92   Med: 69.59   Max: 82.98
Current: 72.38

During the past 13 years, Sunflag Iron & Steel Co's highest Days Payable was 82.98. The lowest was 38.92. And the median was 69.59.

NSE:SUNFLAG's Days Payable is ranked better than
73.2% of 597 companies
in the Steel industry
Industry Median: 41.39 vs NSE:SUNFLAG: 72.38

Sunflag Iron & Steel Co's Days Payable increased from Mar. 2025 (78.65) to Mar. 2026 (82.97). It may suggest that Sunflag Iron & Steel Co delayed paying its suppliers.


Sunflag Iron & Steel Co Days Payable Historical Data

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The historical data trend for Sunflag Iron & Steel Co'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.

Sunflag Iron & Steel Co Days Payable Chart

Sunflag Iron & Steel Co 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 64.53 67.27 71.91 82.98 75.39

Sunflag Iron & Steel Co 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 78.65 64.17 66.87 70.44 82.97

NSE:SUNFLAG vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Sunflag Iron & Steel Co'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.


Sunflag Iron & Steel Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Sunflag Iron & Steel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunflag Iron & Steel Co's Days Payable falls into.


NSE:SUNFLAG
75GF Score
Sunflag Iron & Steel Co Ltd NSE:SUNFLAG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunflag Iron & Steel Co 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.

Sunflag Iron & Steel Co'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
=( (4782.8 + 5466) / 2 ) / 24809.2*365
=5124.4 / 24809.2*365
=75.39

Sunflag Iron & Steel Co'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 + 5466) / 1 ) / 6011.2*365 / 4
=5466 / 6011.2*365 / 4
=82.97

* 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 82.97 mean?
Sunflag Iron & Steel Co (NSE:SUNFLAG) has a Days Payable of 82.97 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 Sunflag Iron & Steel Co and its competitors. This is 19% above median its historical median of 69.59. Over the past decade, Sunflag Iron & Steel Co's Days Payable has ranged from 38.92 to 82.98. According to the industry distribution chart, Sunflag Iron & Steel Co ranks #160 out of 597 companies in the Steel industry, placing it in the top 26.8%.
Is Sunflag Iron & Steel Co's Days Payable too high?
Sunflag Iron & Steel Co's current Days Payable of 82.97 is 19% above median its 10-year median of 69.59. Over the past 10 years, this metric has ranged from a low of 38.92 to a high of 82.98. The Steel industry median Days Payable is 41.39. Sunflag Iron & Steel Co's value of 82.97 is 100.5% above this industry median. Based on the distribution chart, Sunflag Iron & Steel Co ranks #160 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Sunflag Iron & Steel Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunflag Iron & Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Sunflag Iron & Steel Co ranks #160 out of 597 companies for Days Payable. This puts Sunflag Iron & Steel Co in the upper half of its industry. The industry median Days Payable is 41.39. Sunflag Iron & Steel Co's value of 82.97 is 100.5% above this benchmark. Historically, Sunflag Iron & Steel Co's own Days Payable has ranged from 38.92 to 82.98 over the past decade. While the company's 10-year median is 69.59 vs. the industry median of 41.39, Sunflag Iron & Steel Co 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 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. Sunflag Iron & Steel Co's current Days Payable of 82.97 is 100.5% 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 Sunflag Iron & Steel Co 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. Sunflag Iron & Steel Co's current Days Payable is 82.97, which is 19% above median its own 10-year median of 69.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunflag Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Sunflag Iron & Steel Co (NSE:SUNFLAG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹258.78, compared to a current price of ₹327.40 — trading 26.5% above its estimated fair value. The current Days Payable is 82.97, which is 19% above median its 10-year median of 69.59 and 100.5% above the Steel industry median of 41.39. Sunflag Iron & Steel Co's overall GF Score™ is 75/100 with 4 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 Sunflag Iron & Steel Co (NSE:SUNFLAG), the current Days Payable is 82.97 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 Sunflag Iron & Steel Co (NSE:SUNFLAG) Overvalued in 2026?

Based on GuruFocus' analysis, Sunflag Iron & Steel Co stock appears to be overvalued. The current stock price of ₹327.40 is trading 26.5% above its estimated GF Value™ of ₹258.78. GuruFocus considers Sunflag Iron & Steel Co to be Modestly Overvalued.

Key valuation signals for NSE:SUNFLAG:

  • Days Payable: 82.97 (19% above median its 10-year median of 69.59)
  • GF Value™: ₹258.78 vs. price of ₹327.40 (26.5% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 100.5% above the Steel median (#160 of 597)

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


Sunflag Iron & Steel Co Business Description

Other Exchanges 500404:India
Address Mount Road, 33/1, Sadar, Nagpur, MH, IND, 440001
Sunflag Iron & Steel Co Ltd is engaged in the business of manufacturing and selling special steel rolled products. The company offers rolled steel bars and wires, round steel bars and coils, round cornered steel bars and coils, flat steel bars, and more. It has only one operating segment, i.e., Iron and Steel Business, and operations are mainly within India.
75GF Score

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

₹327.40
Price
₹258.78
GF Value