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Vraj Iron and SteelNSE:VRAJ -7.52%39 Days Payable is 8.05 as of Mar. 2026, which is 22% below its 10-year median of 10.27. GuruFocus rates NSE:VRAJ with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 598 Steel companies, Vraj Iron and Steel ranks worse than 92.14% on this metric.
The historical rank and industry rank for Vraj Iron and Steel's Days Payable or its related term are showing as below:
NSE:VRAJ'
s Days Payable Range Over the Past 10 Years
Min: 7.66 Med: 10.27 Max: 18.52
Current: 9.18
During the past 6 years, Vraj Iron and Steel's highest Days Payable was 18.52. The lowest was 7.66. And the median was 10.27.
NSE:VRAJ's Days Payable is ranked worse than 92.14% of 598
companies
in the Steel industry
Industry Median: 41.37
vs NSE:VRAJ: 9.18
Vraj Iron and Steel's Days Payable
increased
from Mar. 2025 (6.35) to Mar. 2026 (8.05).
It may suggest that Vraj Iron and Steeldelayed paying its suppliers.
Vraj Iron and Steel Days Payable Related Terms
Vraj Iron and Steel Days Payable Historical Data
* Premium members only.
The historical data trend for Vraj Iron and Steel'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:VRAJ vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Vraj Iron and Steel'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.
Vraj Iron and Steel Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Vraj Iron and Steel's Days Payable distribution charts can be found below:
* The bar in red indicates where Vraj Iron and Steel'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.
Vraj Iron and Steel'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.
Vraj Iron and Steel (NSE:VRAJ) has a Days Payable of 8.05 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 Vraj Iron and Steel and its competitors. This is 22% below median its historical median of 10.27. Over the past decade, Vraj Iron and Steel's Days Payable has ranged from 7.66 to 18.52. According to the industry distribution chart, Vraj Iron and Steel ranks #551 out of 598 companies in the Steel industry, placing it in the top 92.1%.
Is Vraj Iron and Steel's Days Payable too high?
Vraj Iron and Steel's current Days Payable of 8.05 is 22% below median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 7.66 to a high of 18.52. The Steel industry median Days Payable is 41.37. Vraj Iron and Steel's value of 8.05 is 80.5% below this industry median. Based on the distribution chart, Vraj Iron and Steel ranks #551 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vraj Iron and Steel has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Vraj Iron and Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Vraj Iron and Steel ranks #551 out of 598 companies for Days Payable. This places Vraj Iron and Steel in the lower half of its industry. The industry median Days Payable is 41.37. Vraj Iron and Steel's value of 8.05 is 80.5% below this benchmark. Historically, Vraj Iron and Steel's own Days Payable has ranged from 7.66 to 18.52 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 41.37, Vraj Iron and Steel 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 41.37, 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. Vraj Iron and Steel's current Days Payable of 8.05 is 80.5% 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 Vraj Iron and Steel 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. Vraj Iron and Steel's current Days Payable is 8.05, which is 22% below median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vraj Iron and Steel stock overvalued right now?
Vraj Iron and Steel (NSE:VRAJ) has a current Days Payable of 8.05. The current Days Payable is 8.05, which is 22% below median its 10-year median of 10.27 and 80.5% below the Steel industry median of 41.37. Vraj Iron and Steel's overall GF Score™ is 39/100 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 Vraj Iron and Steel (NSE:VRAJ), the current Days Payable is 8.05 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.
Vraj Iron and Steel Ltd is a subsidiary of Gopal Sponge and Power Private Limited, with two manufacturing units located at Raipur and Bilaspur in Chhattisgarh. The company is engaged in the manufacture of iron and steel in Central India. It produces Sponge Iron, TMT Bars, and MS Billets under the brand "Vraj." Vraj Iron And Steel focuses on manufacturing and trading iron, steel, and power, which is its primary business segment. The company offers integrated steel plants with manufacturing setups, including DRI unit, EAF, continuous billet casting mill, high-speed rolling mill, and quality assurance laboratories.
39GF Score
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