* 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.
Zenith Steel Pipes & Industries Days Payable Chart
NSE:ZENITHSTL vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Zenith Steel Pipes & Industries's Days Payable falls into.
Zenith Steel Pipes & Industries 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.
* 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.
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a Days Payable of 1,740.43 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 Zenith Steel Pipes & Industries and its competitors. This is 577% above median its historical median of 257.00. Over the past decade, Zenith Steel Pipes & Industries' Days Payable has ranged from 136.30 to 1,028.25. According to the industry distribution chart, Zenith Steel Pipes & Industries ranks #8 out of 597 companies in the Steel industry, placing it in the top 1.3%.
Is Zenith Steel Pipes & Industries' Days Payable too high?
Zenith Steel Pipes & Industries' current Days Payable of 1,740.43 is 577% above median its 10-year median of 257.00. Over the past 10 years, this metric has ranged from a low of 136.30 to a high of 1,028.25. The Steel industry median Days Payable is 41.39. Zenith Steel Pipes & Industries' value of 1,740.43 is 4105% above this industry median. Based on the distribution chart, Zenith Steel Pipes & Industries ranks #8 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Zenith Steel Pipes & Industries ranks #8 out of 597 companies for Days Payable. This places Zenith Steel Pipes & Industries in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Zenith Steel Pipes & Industries' value of 1,740.43 is 4105% above this benchmark. Historically, Zenith Steel Pipes & Industries' own Days Payable has ranged from 136.30 to 1,028.25 over the past decade. While the company's 10-year median is 257.00 vs. the industry median of 41.39, Zenith Steel Pipes & Industries 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. Zenith Steel Pipes & Industries's current Days Payable of 1,740.43 is 4105% 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 Zenith Steel Pipes & Industries 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. Zenith Steel Pipes & Industries's current Days Payable is 1,740.43, which is 577% above median its own 10-year median of 257.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.33, compared to a current price of ₹5.58 — trading 67.6% above its estimated fair value. The current Days Payable is 1,740.43, which is 577% above median its 10-year median of 257.00 and 4105% above the Steel industry median of 41.39. Zenith Steel Pipes & Industries' overall GF Score™ is 47/100 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current Days Payable is 1,740.43 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued.
The current stock price of ₹5.58 is trading 67.6% above its estimated GF Value™ of ₹3.33.
GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.
Key valuation signals for NSE:ZENITHSTL:
Days Payable: 1,740.43 (577% above median its 10-year median of 257.00)
GF Value™: ₹3.33 vs. price of ₹5.58 (67.6% above fair value)
Industry Position: 4105% above the Steel median (#8 of 597)
No single metric tells the full story. See the NSE:ZENITHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenith Steel Pipes & Industries Business Description
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
47GF Score
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