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Surani Steel TubesNSE:SURANI -1.08%61 Days Payable is 289.84 as of Mar. 2026, which is 1243% above its 10-year median of 21.58. GuruFocus rates NSE:SURANI with a GF Score™ of 61/100 and a GF Value™ of ₹70.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Surani Steel Tubes ranks better than 92.98% on this metric.
The historical rank and industry rank for Surani Steel Tubes's Days Payable or its related term are showing as below:
NSE:SURANI'
s Days Payable Range Over the Past 10 Years
Min: 2.2 Med: 21.58 Max: 257.24
Current: 172.12
During the past 13 years, Surani Steel Tubes's highest Days Payable was 257.24. The lowest was 2.20. And the median was 21.58.
NSE:SURANI's Days Payable is ranked better than 92.98% of 598
companies
in the Steel industry
Industry Median: 41.37
vs NSE:SURANI: 172.12
Surani Steel Tubes's Days Payable
increased
from Mar. 2025 (8.97) to Mar. 2026 (289.84).
It may suggest that Surani Steel Tubesdelayed paying its suppliers.
Surani Steel Tubes Days Payable Related Terms
Surani Steel Tubes Days Payable Historical Data
* Premium members only.
The historical data trend for Surani Steel Tubes'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:SURANI vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Surani Steel Tubes'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.
Surani Steel Tubes Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Surani Steel Tubes's Days Payable distribution charts can be found below:
* The bar in red indicates where Surani Steel Tubes'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.
Surani Steel Tubes'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.
Surani Steel Tubes (NSE:SURANI) has a Days Payable of 289.84 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 Surani Steel Tubes and its competitors. This is 1243% above median its historical median of 21.58. Over the past decade, Surani Steel Tubes' Days Payable has ranged from 2.20 to 257.24. According to the industry distribution chart, Surani Steel Tubes ranks #42 out of 598 companies in the Steel industry, placing it in the top 7%.
Is Surani Steel Tubes' Days Payable too high?
Surani Steel Tubes' current Days Payable of 289.84 is 1243% above median its 10-year median of 21.58. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 257.24. The Steel industry median Days Payable is 41.37. Surani Steel Tubes' value of 289.84 is 600.6% above this industry median. Based on the distribution chart, Surani Steel Tubes ranks #42 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Surani Steel Tubes has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Surani Steel Tubes ranks #42 out of 598 companies for Days Payable. This places Surani Steel Tubes in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.37. Surani Steel Tubes' value of 289.84 is 600.6% above this benchmark. Historically, Surani Steel Tubes' own Days Payable has ranged from 2.20 to 257.24 over the past decade. While the company's 10-year median is 21.58 vs. the industry median of 41.37, Surani Steel Tubes 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 41.37, based on 598 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. Surani Steel Tubes's current Days Payable of 289.84 is 600.6% 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 Surani Steel Tubes and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surani Steel Tubes's current Days Payable is 289.84, which is 1243% above median its own 10-year median of 21.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹70.50, compared to a current price of ₹100.70 — trading 42.8% above its estimated fair value. The current Days Payable is 289.84, which is 1243% above median its 10-year median of 21.58 and 600.6% above the Steel industry median of 41.37. Surani Steel Tubes' overall GF Score™ is 61/100 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 Surani Steel Tubes (NSE:SURANI), the current Days Payable is 289.84 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 Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?
Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued.
The current stock price of ₹100.70 is trading 42.8% above its estimated GF Value™ of ₹70.50.
GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.
Key valuation signals for NSE:SURANI:
Days Payable: 289.84 (1243% above median its 10-year median of 21.58)
GF Value™: ₹70.50 vs. price of ₹100.70 (42.8% above fair value)
Industry Position: 600.6% above the Steel median (#42 of 598)
No single metric tells the full story. See the NSE:SURANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
61GF Score
Get the complete analysis for NSE:SURANI
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