Vardhman Special SteelsNSE:VSSL -0.58%75 Days Payable is 62.30 as of Mar. 2026, which is 26% above its 10-year median of 49.44. GuruFocus rates NSE:VSSL with a GF Score™ of 75/100 and a GF Value™ of ₹224.05 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 602 Steel companies, Vardhman Special Steels ranks better than 66.45% on this metric.
* 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:VSSL vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Vardhman Special Steels'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.
Vardhman Special Steels Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Vardhman Special Steels's Days Payable distribution charts can be found below:
* The bar in red indicates where Vardhman Special Steels'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.
Vardhman Special Steels'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.
Vardhman Special Steels (NSE:VSSL) has a Days Payable of 62.30 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 Vardhman Special Steels and its competitors. This is 26% above median its historical median of 49.44. Over the past decade, Vardhman Special Steels' Days Payable has ranged from 25.70 to 61.70. According to the industry distribution chart, Vardhman Special Steels ranks #202 out of 602 companies in the Steel industry, placing it in the top 33.6%.
Is Vardhman Special Steels' Days Payable too high?
Vardhman Special Steels' current Days Payable of 62.30 is 26% above median its 10-year median of 49.44. Over the past 10 years, this metric has ranged from a low of 25.70 to a high of 61.70. The Steel industry median Days Payable is 41.40. Vardhman Special Steels' value of 62.30 is 50.5% above this industry median. Based on the distribution chart, Vardhman Special Steels ranks #202 out of 602 companies in the Steel industry, which is above the industry midpoint. Overall, Vardhman Special Steels has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Special Steels' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Vardhman Special Steels ranks #202 out of 602 companies for Days Payable. This puts Vardhman Special Steels in the upper half of its industry. The industry median Days Payable is 41.40. Vardhman Special Steels' value of 62.30 is 50.5% above this benchmark. Historically, Vardhman Special Steels' own Days Payable has ranged from 25.70 to 61.70 over the past decade. While the company's 10-year median is 49.44 vs. the industry median of 41.40, Vardhman Special Steels 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 41.40, based on 602 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. Vardhman Special Steels's current Days Payable of 62.30 is 50.5% 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 Vardhman Special Steels and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Special Steels's current Days Payable is 62.30, which is 26% above median its own 10-year median of 49.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Special Steels stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Special Steels (NSE:VSSL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹224.05, compared to a current price of ₹282.90 — trading 26.3% above its estimated fair value. The current Days Payable is 62.30, which is 26% above median its 10-year median of 49.44 and 50.5% above the Steel industry median of 41.40. Vardhman Special Steels' overall GF Score™ is 75/100 with 7 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 Vardhman Special Steels (NSE:VSSL), the current Days Payable is 62.30 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 Vardhman Special Steels (NSE:VSSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vardhman Special Steels stock appears to be overvalued.
The current stock price of ₹282.90 is trading 26.3% above its estimated GF Value™ of ₹224.05.
GuruFocus considers Vardhman Special Steels to be Modestly Overvalued.
Key valuation signals for NSE:VSSL:
Days Payable: 62.30 (26% above median its 10-year median of 49.44)
GF Value™: ₹224.05 vs. price of ₹282.90 (26.3% above fair value)
Industry Position: 50.5% above the Steel median (#202 of 602)
No single metric tells the full story. See the NSE:VSSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India and also has a presence outside India.
75GF Score
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