Algoma Steel GroupASTL -3.86%59 Days Payable is 11.90 as of Mar. 2026, which is 28% above its 10-year median of 9.31. GuruFocus rates ASTL with a GF Score™ of 59/100 and a GF Value™ of $5.52 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 603 Steel companies, Algoma Steel Group ranks worse than 76.95% on this metric.
The historical rank and industry rank for Algoma Steel Group's Days Payable or its related term are showing as below:
ASTL'
s Days Payable Range Over the Past 10 Years
Min: 7.8 Med: 9.31 Max: 19.78
Current: 19.78
During the past 6 years, Algoma Steel Group's highest Days Payable was 19.78. The lowest was 7.80. And the median was 9.31.
ASTL's Days Payable is ranked worse than 76.95% of 603
companies
in the Steel industry
Industry Median: 41.53
vs ASTL: 19.78
Algoma Steel Group's Days Payable
declined
from Mar. 2025 (18.48) to Mar. 2026 (11.90).
It may suggest that Algoma Steel Groupaccelerated paying its suppliers.
Algoma Steel Group Days Payable Related Terms
Algoma Steel Group Days Payable Historical Data
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The historical data trend for Algoma Steel Group'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, Algoma Steel Group'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.
Algoma Steel Group Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group'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.
Algoma Steel Group'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.
Algoma Steel Group (ASTL) has a Days Payable of 11.90 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 Algoma Steel Group and its competitors. This is 28% above median its historical median of 9.31. Over the past decade, Algoma Steel Group's Days Payable has ranged from 7.80 to 19.78. According to the industry distribution chart, Algoma Steel Group ranks #464 out of 603 companies in the Steel industry, placing it in the top 76.9%.
Is Algoma Steel Group's Days Payable too high?
Algoma Steel Group's current Days Payable of 11.90 is 28% above median its 10-year median of 9.31. Over the past 10 years, this metric has ranged from a low of 7.80 to a high of 19.78. The Steel industry median Days Payable is 41.53. Algoma Steel Group's value of 11.90 is 71.3% below this industry median. Based on the distribution chart, Algoma Steel Group ranks #464 out of 603 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Algoma Steel Group has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #464 out of 603 companies for Days Payable. This places Algoma Steel Group in the lower half of its industry. The industry median Days Payable is 41.53. Algoma Steel Group's value of 11.90 is 71.3% below this benchmark. Historically, Algoma Steel Group's own Days Payable has ranged from 7.80 to 19.78 over the past decade. While the company's 10-year median is 9.31 vs. the industry median of 41.53, Algoma Steel Group has consistently been below 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 41.53, based on 603 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. Algoma Steel Group's current Days Payable of 11.90 is 71.3% below 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 Algoma Steel Group and its competitors. For the Steel industry, the median Days Payable is 41.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current Days Payable is 11.90, which is 28% above median its own 10-year median of 9.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.52, compared to a current price of $3.99 — trading 27.7% below its estimated fair value. The current Days Payable is 11.90, which is 28% above median its 10-year median of 9.31 and 71.3% below the Steel industry median of 41.53. Algoma Steel Group's overall GF Score™ is 59/100 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 Algoma Steel Group (ASTL), the current Days Payable is 11.90 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 Algoma Steel Group (ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued.
The current stock price of $3.99 is trading 27.7% below its estimated GF Value™ of $5.52.
GuruFocus considers Algoma Steel Group to be Modestly Undervalued.
Key valuation signals for ASTL:
Days Payable: 11.90 (28% above median its 10-year median of 9.31)
GF Value™: $5.52 vs. price of $3.99 (27.7% below fair value)
Industry Position: 71.3% below the Steel median (#464 of 603)
No single metric tells the full story. See the ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
59GF Score
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