Angang Steel CoANGGF 33 Days Payable is 99.69 as of Mar. 2026, which is 91% above its 10-year median of 52.11. GuruFocus rates ANGGF with a GF Score™ of 33/100 and a GF Value™ of $0.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 598 Steel companies, Angang Steel Co ranks better than 82.11% on this metric.
The historical rank and industry rank for Angang Steel Co's Days Payable or its related term are showing as below:
ANGGF'
s Days Payable Range Over the Past 10 Years
Min: 33.24 Med: 52.11 Max: 96.76
Current: 96.76
During the past 13 years, Angang Steel Co's highest Days Payable was 96.76. The lowest was 33.24. And the median was 52.11.
ANGGF's Days Payable is ranked better than 82.11% of 598
companies
in the Steel industry
Industry Median: 41.385
vs ANGGF: 96.76
Angang Steel Co's Days Payable
increased
from Mar. 2025 (96.17) to Mar. 2026 (99.69).
It may suggest that Angang Steel Codelayed paying its suppliers.
Angang Steel Co Days Payable Related Terms
Angang Steel Co Days Payable Historical Data
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The historical data trend for Angang Steel Co'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.
For the Steel subindustry, Angang Steel Co'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.
Angang Steel Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Angang Steel Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Angang Steel Co'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.
Angang Steel Co's Days Payable for the fiscal year that ended in Dec. 2025 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.
Angang Steel Co (ANGGF) has a Days Payable of 99.69 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 Angang Steel Co and its competitors. This is 91% above median its historical median of 52.11. Over the past decade, Angang Steel Co's Days Payable has ranged from 33.24 to 96.76. According to the industry distribution chart, Angang Steel Co ranks #107 out of 598 companies in the Steel industry, placing it in the top 17.9%.
Is Angang Steel Co's Days Payable too high?
Angang Steel Co's current Days Payable of 99.69 is 91% above median its 10-year median of 52.11. Over the past 10 years, this metric has ranged from a low of 33.24 to a high of 96.76. The Steel industry median Days Payable is 41.39. Angang Steel Co's value of 99.69 is 140.9% above this industry median. Based on the distribution chart, Angang Steel Co ranks #107 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Angang Steel Co has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Angang Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Angang Steel Co ranks #107 out of 598 companies for Days Payable. This places Angang Steel Co in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Angang Steel Co's value of 99.69 is 140.9% above this benchmark. Historically, Angang Steel Co's own Days Payable has ranged from 33.24 to 96.76 over the past decade. While the company's 10-year median is 52.11 vs. the industry median of 41.39, Angang Steel Co 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 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. Angang Steel Co's current Days Payable of 99.69 is 140.9% 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 Angang Steel Co 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. Angang Steel Co's current Days Payable is 99.69, which is 91% above median its own 10-year median of 52.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Angang Steel Co (ANGGF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.23, compared to a current price of $0.15 — trading 35.4% below its estimated fair value. The current Days Payable is 99.69, which is 91% above median its 10-year median of 52.11 and 140.9% above the Steel industry median of 41.39. Angang Steel Co's overall GF Score™ is 33/100 with 5 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 Angang Steel Co (ANGGF), the current Days Payable is 99.69 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 Angang Steel Co (ANGGF) Overvalued in 2026?
Based on GuruFocus' analysis, Angang Steel Co stock appears to be undervalued.
The current stock price of $0.15 is trading 35.4% below its estimated GF Value™ of $0.23.
GuruFocus considers Angang Steel Co to be Possible Value Trap.
Key valuation signals for ANGGF:
Days Payable: 99.69 (91% above median its 10-year median of 52.11)
GF Value™: $0.23 vs. price of $0.15 (35.4% below fair value)
Industry Position: 140.9% above the Steel median (#107 of 598)
No single metric tells the full story. See the ANGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Angang Steel Co Ltd is engaged in the iron and steel manufacturing industry, and at the same time focuses on developing emerging industries related to its core iron and steel business, including steel processing and distribution, the chemical industry, green energy, and resource recycling and utilization. The company is classified into the following operating segments based on the type of business: production and sale of steel products. Its products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. Geographically, the company derives a majority of its revenue from China, and also exports its products to other regions.
33GF Score
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