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Mangels IndustrialBSP:MGEL3 8 Days Payable is 34.76 as of Mar. 2026, which is 98% above its 10-year median of 17.60. GuruFocus rates BSP:MGEL3 with a GF Score™ of 8/100 and a GF Value™ of R$143.53. The stock has 6 warning signs investors should review. Among 598 Steel companies, Mangels Industrial ranks worse than 63.71% on this metric.
The historical rank and industry rank for Mangels Industrial's Days Payable or its related term are showing as below:
BSP:MGEL3'
s Days Payable Range Over the Past 10 Years
Min: 14.27 Med: 17.6 Max: 30.29
Current: 30.29
During the past 13 years, Mangels Industrial's highest Days Payable was 30.29. The lowest was 14.27. And the median was 17.60.
BSP:MGEL3's Days Payable is ranked worse than 63.71% of 598
companies
in the Steel industry
Industry Median: 41.37
vs BSP:MGEL3: 30.29
Mangels Industrial's Days Payable
increased
from Mar. 2025 (25.68) to Mar. 2026 (34.76).
It may suggest that Mangels Industrialdelayed paying its suppliers.
Mangels Industrial Days Payable Related Terms
Mangels Industrial Days Payable Historical Data
* Premium members only.
The historical data trend for Mangels Industrial'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.
BSP:MGEL3 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Mangels Industrial'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.
Mangels Industrial Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Mangels Industrial's Days Payable distribution charts can be found below:
* The bar in red indicates where Mangels Industrial'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.
Mangels Industrial'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.
Mangels Industrial (BSP:MGEL3) has a Days Payable of 34.76 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 Mangels Industrial and its competitors. This is 98% above median its historical median of 17.60. Over the past decade, Mangels Industrial's Days Payable has ranged from 14.27 to 30.29. According to the industry distribution chart, Mangels Industrial ranks #381 out of 598 companies in the Steel industry, placing it in the top 63.7%.
Is Mangels Industrial's Days Payable too high?
Mangels Industrial's current Days Payable of 34.76 is 98% above median its 10-year median of 17.60. Over the past 10 years, this metric has ranged from a low of 14.27 to a high of 30.29. The Steel industry median Days Payable is 41.37. Mangels Industrial's value of 34.76 is 16% below this industry median. Based on the distribution chart, Mangels Industrial ranks #381 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Mangels Industrial has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mangels Industrial ranks #381 out of 598 companies for Days Payable. This places Mangels Industrial in the lower half of its industry. The industry median Days Payable is 41.37. Mangels Industrial's value of 34.76 is 16% below this benchmark. Historically, Mangels Industrial's own Days Payable has ranged from 14.27 to 30.29 over the past decade. While the company's 10-year median is 17.60 vs. the industry median of 41.37, Mangels Industrial 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 41.37, 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. Mangels Industrial's current Days Payable of 34.76 is 16% 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 Mangels Industrial and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangels Industrial's current Days Payable is 34.76, which is 98% above median its own 10-year median of 17.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Mangels Industrial (BSP:MGEL3) has a current Days Payable of 34.76. The stock's GF Value™ is R$143.53, compared to a current price of R$75.00 — trading 47.7% below its estimated fair value. The current Days Payable is 34.76, which is 98% above median its 10-year median of 17.60 and 16% below the Steel industry median of 41.37. Mangels Industrial's overall GF Score™ is 8/100 with 6 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 Mangels Industrial (BSP:MGEL3), the current Days Payable is 34.76 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 Mangels Industrial (BSP:MGEL3) Overvalued in 2026?
Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued.
The current stock price of R$75.00 is trading 47.7% below its estimated GF Value™ of R$143.53.
Key valuation signals for BSP:MGEL3:
Days Payable: 34.76 (98% above median its 10-year median of 17.60)
GF Value™: R$143.53 vs. price of R$75.00 (47.7% below fair value)
Industry Position: 16% below the Steel median (#381 of 598)
No single metric tells the full story. See the BSP:MGEL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.
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