Step One ClothingASX:STP +3.70%39 Days Payable is 38.96 as of Dec. 2025, which is 67% below its 10-year median of 117.09. GuruFocus rates ASX:STP with a GF Score™ of 39/100 and a GF Value™ of A$0.64 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,102 Retail - Cyclical companies, Step One Clothing ranks better than 68.87% on this metric.
The historical rank and industry rank for Step One Clothing's Days Payable or its related term are showing as below:
ASX:STP'
s Days Payable Range Over the Past 10 Years
Min: 79.72 Med: 117.09 Max: 219.07
Current: 79.72
During the past 5 years, Step One Clothing's highest Days Payable was 219.07. The lowest was 79.72. And the median was 117.09.
ASX:STP's Days Payable is ranked better than 68.87% of 1102
companies
in the Retail - Cyclical industry
Industry Median: 51.215
vs ASX:STP: 79.72
Step One Clothing's Days Payable
declined
from Dec. 2024 (146.69) to Dec. 2025 (38.96).
It may suggest that Step One Clothingaccelerated paying its suppliers.
Step One Clothing Days Payable Related Terms
Step One Clothing Days Payable Historical Data
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The historical data trend for Step One Clothing'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.
ASX:STP vs TJX, ROST, BURL: Days Payable Comparison
For the Apparel Retail subindustry, Step One Clothing'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.
Step One Clothing Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Step One Clothing's Days Payable distribution charts can be found below:
* The bar in red indicates where Step One Clothing'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.
Step One Clothing's Days Payable for the fiscal year that ended in Jun. 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.
Step One Clothing (ASX:STP) has a Days Payable of 38.96 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Step One Clothing and its competitors. This is 67% below median its historical median of 117.09. Over the past decade, Step One Clothing's Days Payable has ranged from 79.72 to 219.07. According to the industry distribution chart, Step One Clothing ranks #343 out of 1102 companies in the Retail - Cyclical industry, placing it in the top 31.1%.
Is Step One Clothing's Days Payable too high?
Step One Clothing's current Days Payable of 38.96 is 67% below median its 10-year median of 117.09. Over the past 10 years, this metric has ranged from a low of 79.72 to a high of 219.07. The Retail - Cyclical industry median Days Payable is 51.22. Step One Clothing's value of 38.96 is 23.9% below this industry median. Based on the distribution chart, Step One Clothing ranks #343 out of 1102 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Step One Clothing has a GF Score™ of 39/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Step One Clothing's Days Payable compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Step One Clothing ranks #343 out of 1102 companies for Days Payable. This puts Step One Clothing in the upper half of its industry. The industry median Days Payable is 51.22. Step One Clothing's value of 38.96 is 23.9% below this benchmark. Historically, Step One Clothing's own Days Payable has ranged from 79.72 to 219.07 over the past decade. While the company's 10-year median is 117.09 vs. the industry median of 51.22, Step One Clothing 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.22, based on 1,102 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. Step One Clothing's current Days Payable of 38.96 is 23.9% 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 Step One Clothing and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step One Clothing's current Days Payable is 38.96, which is 67% below median its own 10-year median of 117.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step One Clothing stock overvalued right now?
Based on GuruFocus' analysis, Step One Clothing (ASX:STP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.64, compared to a current price of A$0.14 — trading 78.1% below its estimated fair value. The current Days Payable is 38.96, which is 67% below median its 10-year median of 117.09 and 23.9% below the Retail - Cyclical industry median of 51.22. Step One Clothing's overall GF Score™ is 39/100 with 3 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 Step One Clothing (ASX:STP), the current Days Payable is 38.96 as of Dec. 2025. 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 Step One Clothing (ASX:STP) Overvalued in 2026?
Based on GuruFocus' analysis, Step One Clothing stock appears to be undervalued.
The current stock price of A$0.14 is trading 78.1% below its estimated GF Value™ of A$0.64.
GuruFocus considers Step One Clothing to be Significantly Undervalued.
Key valuation signals for ASX:STP:
Days Payable: 38.96 (67% below median its 10-year median of 117.09)
GF Value™: A$0.64 vs. price of A$0.14 (78.1% below fair value)
Industry Position: 23.9% below the Retail - Cyclical median (#343 of 1102)
No single metric tells the full story. See the ASX:STP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Step One Clothing Ltd is a direct-to-consumer online retailer for men's undergarments. Its products comprise Boxer Brief, Trunks, and Boxer Breif+Fly. Its group is organized into three operating segments, being online retail sales for Australia, the United Kingdom, and the United States of America, however, these segments are aggregated into one reportable segment.
39GF Score
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