ElastronATH:ELSTR -0.71%60 Days Payable is 66.60 as of Dec. 2025, which is 37% above its 10-year median of 48.51. GuruFocus rates ATH:ELSTR with a GF Score™ of 60/100 and a GF Value™ of €2.38 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 599 Steel companies, Elastron ranks better than 75.13% on this metric.
Elastron's average Accounts Payable for the
six
months ended in Dec. 2025 was €25.3 Mil. Elastron's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €69.3 Mil.
Hence, Elastron's Days Payable for the
six
months ended in Dec. 2025 was 66.60.
The historical rank and industry rank for Elastron's Days Payable or its related term are showing as below:
ATH:ELSTR'
s Days Payable Range Over the Past 10 Years
Min: 13.98 Med: 48.51 Max: 89.23
Current: 77.86
During the past 13 years, Elastron's highest Days Payable was 89.23. The lowest was 13.98. And the median was 48.51.
ATH:ELSTR's Days Payable is ranked better than 75.13% of 599
companies
in the Steel industry
Industry Median: 41.39
vs ATH:ELSTR: 77.86
Elastron's Days Payable
increased
from Dec. 2024 (54.56) to Dec. 2025 (66.60).
It may suggest that Elastrondelayed paying its suppliers.
Elastron Days Payable Related Terms
Elastron Days Payable Historical Data
* Premium members only.
The historical data trend for Elastron'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.
ATH:ELSTR vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Elastron'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.
Elastron Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Elastron's Days Payable distribution charts can be found below:
* The bar in red indicates where Elastron'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.
Elastron'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.
Elastron (ATH:ELSTR) has a Days Payable of 66.60 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 Elastron and its competitors. This is 37% above median its historical median of 48.51. Over the past decade, Elastron's Days Payable has ranged from 13.98 to 89.23. According to the industry distribution chart, Elastron ranks #149 out of 599 companies in the Steel industry, placing it in the top 24.9%.
Is Elastron's Days Payable too high?
Elastron's current Days Payable of 66.60 is 37% above median its 10-year median of 48.51. Over the past 10 years, this metric has ranged from a low of 13.98 to a high of 89.23. The Steel industry median Days Payable is 41.39. Elastron's value of 66.60 is 60.9% above this industry median. Based on the distribution chart, Elastron ranks #149 out of 599 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Elastron has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elastron's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Elastron ranks #149 out of 599 companies for Days Payable. This places Elastron in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Elastron's value of 66.60 is 60.9% above this benchmark. Historically, Elastron's own Days Payable has ranged from 13.98 to 89.23 over the past decade. While the company's 10-year median is 48.51 vs. the industry median of 41.39, Elastron 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 599 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. Elastron's current Days Payable of 66.60 is 60.9% 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 Elastron 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. Elastron's current Days Payable is 66.60, which is 37% above median its own 10-year median of 48.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastron stock overvalued right now?
Based on GuruFocus' analysis, Elastron (ATH:ELSTR) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.38, compared to a current price of €2.78 — trading 16.8% above its estimated fair value. The current Days Payable is 66.60, which is 37% above median its 10-year median of 48.51 and 60.9% above the Steel industry median of 41.39. Elastron's overall GF Score™ is 60/100 with 10 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 Elastron (ATH:ELSTR), the current Days Payable is 66.60 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 Elastron (ATH:ELSTR) Overvalued in 2026?
Based on GuruFocus' analysis, Elastron stock appears to be overvalued.
The current stock price of €2.78 is trading 16.8% above its estimated GF Value™ of €2.38.
GuruFocus considers Elastron to be Modestly Overvalued.
Key valuation signals for ATH:ELSTR:
Days Payable: 66.60 (37% above median its 10-year median of 48.51)
GF Value™: €2.38 vs. price of €2.78 (16.8% above fair value)
Industry Position: 60.9% above the Steel median (#149 of 599)
No single metric tells the full story. See the ATH:ELSTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elastron SA is a Greece based company engaged in importing, processing, and trading of steel, steel plates, iron and metal goods, and related goods. The business segments are Steel products, Energy segment, and Agricultural products. The company processes, produces and resells steel products and insulated composite panels in Steel products segment. Electrical energy segment includes production of electric energy from photovoltaic stations. Agricultural products segment consists production of agricultural products from glasshouse cultivations. The group generates majority of the revenue from the Steel products segment. It makes sales in Greece, and internationally, of which sales in Greece constitutes mainly to the revenue.
60GF Score
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