GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (BSP:N1UE34) » Definitions » Days Payable

Nucor (BSP:N1UE34) Days Payable : 26.61 (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Nucor Days Payable?

Nucor's average Accounts Payable for the three months ended in Mar. 2025 was R$12,130 Mil. Nucor's Cost of Goods Sold for the three months ended in Mar. 2025 was R$41,602 Mil. Hence, Nucor's Days Payable for the three months ended in Mar. 2025 was 26.61.

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

BSP:N1UE34' s Days Payable Range Over the Past 10 Years
Min: 18.08   Med: 23.16   Max: 26.84
Current: 25.1

During the past 13 years, Nucor's highest Days Payable was 26.84. The lowest was 18.08. And the median was 23.16.

BSP:N1UE34's Days Payable is ranked worse than
71.64% of 596 companies
in the Steel industry
Industry Median: 42.525 vs BSP:N1UE34: 25.10

Nucor's Days Payable increased from Mar. 2024 (24.86) to Mar. 2025 (26.61). It may suggest that Nucor delayed paying its suppliers.


Nucor Days Payable Historical Data

The historical data trend for Nucor'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.

* Premium members only.

Nucor Days Payable Chart

Nucor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.36 22.46 22.79 25.69 23.67

Nucor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.86 21.47 24.56 25.18 26.61

Competitive Comparison of Nucor's Days Payable

For the Steel subindustry, Nucor'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.


Nucor's Days Payable Distribution in the Steel Industry

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

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


;
;

Nucor 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.

Nucor's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (9897.596 + 11177.032) / 2 ) / 162481.832*365
=10537.314 / 162481.832*365
=23.67

Nucor'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: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (11177.032 + 13082.403) / 2 ) / 41602.273*365 / 4
=12129.7175 / 41602.273*365 / 4
=26.61

* 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.


Nucor Days Payable Related Terms

Thank you for viewing the detailed overview of Nucor's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Nucor Business Description

Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company's reportable segments are steel mills, steel products, and raw materials. A majority of its revenue is derived from the steel mills segment, which is engaged in producing sheet steel (hot-rolled, cold-rolled, and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling, and sheet piling), and bar steel products. Nucor manufactures steel principally from scrap steel and scrap steel substitutes using electric arc furnaces (EAFs) along with continuous casting and automated rolling mills. The steel mills segment sells its products mainly to steel service centers, fabricators, and manufacturers located in the United States, Canada, and Mexico.

Nucor Headlines

No Headlines