Swastik Pipe (NSE:SWASTIK) Days Payable: 0.00 (As of Mar. 2025)


NSE:SWASTIK Swastik Pipe Ltd NSE:SWASTIK
62 GF Score
Price ₹17.90
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What is Swastik Pipe Days Payable?

Swastik Pipe NSE:SWASTIK -4.79% 62 Days Payable is 0.00 as of Mar. 2025. GuruFocus rates NSE:SWASTIK with a GF Score™ of 62/100. Among 599 Steel companies, Swastik Pipe ranks better than 74.79% on this metric.

Swastik Pipe's average Accounts Payable for the six months ended in Mar. 2025 was ₹1,375 Mil. Swastik Pipe's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹0 Mil.

The historical rank and industry rank for Swastik Pipe's Days Payable or its related term are showing as below:

NSE:SWASTIK's Days Payable is not ranked *
in the Steel industry.
Industry Median: 41.39
* Ranked among companies with meaningful Days Payable only.

Swastik Pipe's Days Payable declined from Sep. 2023 (36.90) to Mar. 2025 (0.00). It may suggest that Swastik Pipe accelerated paying its suppliers.

Swastik Pipe Days Payable Historical Data

* Premium members only.

The historical data trend for Swastik Pipe'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.

Swastik Pipe Days Payable Chart

Swastik Pipe Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Payable
Get a 7-Day Free Trial 38.14 40.42 38.67 46.22 76.22

Swastik Pipe Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Mar25
Days Payable Get a 7-Day Free Trial 47.01 32.13 36.90 46.55 0.00

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

For the Steel subindustry, Swastik Pipe'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.

Swastik Pipe Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Swastik Pipe's Days Payable distribution charts can be found below:

* The bar in red indicates where Swastik Pipe's Days Payable falls into.


NSE:SWASTIK
62GF Score
Swastik Pipe Ltd NSE:SWASTIK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Swastik Pipe 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.

Swastik Pipe's Days Payable for the fiscal year that ended in Mar. 2025 is calculated as

Days Payable (A: Mar. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2024 ) + Accounts Payable (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1012.22 + 1737.241) / 2 ) / 6582.991*365
=1374.7305 / 6582.991*365
=76.22

Swastik Pipe's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1012.22 + 1737.241) / 2 ) / 0*365 / 2
=1374.7305 / 0*365 / 2
=N/A

* 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 0.00 mean?
Swastik Pipe (NSE:SWASTIK) has a Days Payable of 0.00 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Swastik Pipe and its competitors. According to the industry distribution chart, Swastik Pipe ranks #151 out of 599 companies in the Steel industry, placing it in the top 25.2%.
Is Swastik Pipe's Days Payable too high?
Swastik Pipe's current Days Payable is 0.00. Based on the distribution chart, Swastik Pipe ranks #151 out of 599 companies in the Steel industry, which is above the industry midpoint. Overall, Swastik Pipe has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Swastik Pipe's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Swastik Pipe ranks #151 out of 599 companies for Days Payable. This puts Swastik Pipe in the upper half of its industry. The industry median Days Payable is 41.39. 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 599 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. 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 Swastik Pipe 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. Swastik Pipe's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swastik Pipe stock overvalued right now?
Swastik Pipe (NSE:SWASTIK) has a current Days Payable of 0.00. The current Days Payable is 0.00. Swastik Pipe's overall GF Score™ is 62/100. 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 Swastik Pipe (NSE:SWASTIK), the current Days Payable is 0.00 as of Mar. 2025. 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.

Swastik Pipe Business Description

Address Asaf Ali Road, 1/23 B, First Floor, Daryaganj, Delhi, IND, 110002
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score

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

₹17.90
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