Metallus (Metallus) Days Payable : 44.85 (As of Dec. 2023)

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Metallus's average Accounts Payable for the three months ended in Dec. 2023 was $141 Mil. Metallus's Cost of Goods Sold for the three months ended in Dec. 2023 was $287 Mil. Hence, Metallus's Days Payable for the three months ended in Dec. 2023 was 44.85.

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

MTUS' s Days Payable Range Over the Past 10 Years
Min: 25.6 Med: 35.47 Max: 45.5
Current: 45.5

During the past 13 years, Metallus's highest Days Payable was 45.50. The lowest was 25.60. And the median was 35.47.

MTUS's Days Payable is ranked better than
54.76% of 588 companies
in the Steel industry
Industry Median: 39.59 vs MTUS: 45.50

Metallus's Days Payable increased from Dec. 2022 (40.70) to Dec. 2023 (44.85). It may suggest that Metallus delayed paying its suppliers.

Metallus Days Payable Historical Data

The historical data trend for Metallus'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.

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Metallus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.37

35.56

39.73

38.69

38.26

Metallus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															40.70	46.17	50.90	47.11	44.85

Competitive Comparison

For the Steel subindustry, Metallus'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.

Metallus Days Payable Distribution

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

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

Metallus 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.

Metallus's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (113.2	+	133.3)	/	2 )	/	1175.9	*	365
=	123.25					/	1175.9	*	365
=	38.26

Metallus's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (148.5	+	133.3)	/	2 )	/	286.7	*	365 / 4
=	140.9					/	286.7	*	365 / 4
=	44.85

Metallus Days Payable Related Terms

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Metallus (Metallus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metallus Inc (NYSE:MTUS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ZS2:Germany

Address

1835 Dueber Avenue South West, Canton, OH, USA, 44706

Website

https://www.timkensteel.com

TimkenSteel Corp is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. TimkenSteel's portfolio includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services and manages raw material recycling programs that work as a feeder system for its melt operations. The company's products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture; and power generation. Geographically, the company mainly serves customers in the United States.

Executives

Kevin A Raketich	officer: EVP, Sales, Mktg. & Bus. Dev.	1835 DUEBER AVE. SW, CANTON OH 44706
Michael S Williams	director, officer: President & CEO	1835 DUEBER AVE. SW, CANTON OH 44706
Kristopher R Westbrooks	officer: EVP, Chief Financial Officer	3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Kristine C Syrvalin	officer: EVP General Counsel	1835 DUEBER AVE. SW, CANTON OH 44706
Jamy P. Rankin	director	C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Mary Ellen Baker	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Nicholas J. Chirekos	director	C/O ASSISTANT CORPORATE SECRETARY, PEABODY ENERGY CORP., 701 MARKET ST., ST. LOUIS MO 63101
Ken V Garcia	director	1835 DUEBER AVE. SW, CANTON OH 44706
Ellis Allen Jones	director	1835 DUEBER AVE. SW, CANTON OH 44706
Nicholas A Yacobozzi	officer: Corporate Controller	1835 DUEBER AVE SW, GNE-15, CANTON OH 44706
William P Bryan	officer: EVP, Mfg and Supply Chain	1835 DUEBER AVENUE, S.W., CANTON OH 44706
Thomas D Moline	officer: EVP, Commercial Operations	1835 DUEBER AVENUE, S.W., CANTON OH 44706
Leila L Vespoli	director	C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
Marvin Riley	director	5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Timken Ward J Jr	director, officer: President, CEO, Chairman	200 MARKET AVE N STE 210, CANTON OH 44702