Commercial Metals CoCMC -6.60%82 Days Payable is 20.57 as of May. 2026, which is 7% below its 10-year median of 22.22. GuruFocus rates CMC with a GF Score™ of 82/100 and a GF Value™ of $59.32 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,997 Industrial Products companies, Commercial Metals Co ranks worse than 94.79% on this metric.
The historical rank and industry rank for Commercial Metals Co's Days Payable or its related term are showing as below:
CMC'
s Days Payable Range Over the Past 10 Years
Min: 19.67 Med: 22.22 Max: 30.82
Current: 20.24
During the past 13 years, Commercial Metals Co's highest Days Payable was 30.82. The lowest was 19.67. And the median was 22.22.
CMC's Days Payable is ranked worse than 94.79% of 2997
companies
in the Industrial Products industry
Industry Median: 77.54
vs CMC: 20.24
Commercial Metals Co's Days Payable
increased
from May. 2025 (18.38) to May. 2026 (20.57).
It may suggest that Commercial Metals Codelayed paying its suppliers.
Commercial Metals Co Days Payable Related Terms
Commercial Metals Co Days Payable Historical Data
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The historical data trend for Commercial Metals 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 Metal Fabrication subindustry, Commercial Metals 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.
Commercial Metals Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Commercial Metals Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Commercial Metals 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.
Commercial Metals Co's Days Payable for the fiscal year that ended in Aug. 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.
Commercial Metals Co (CMC) has a Days Payable of 20.57 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Commercial Metals Co and its competitors. This is near median its historical median of 22.22. Over the past decade, Commercial Metals Co's Days Payable has ranged from 19.67 to 30.82. According to the industry distribution chart, Commercial Metals Co ranks #2841 out of 2997 companies in the Industrial Products industry, placing it in the top 94.8%.
Is Commercial Metals Co's Days Payable too high?
Commercial Metals Co's current Days Payable of 20.57 is near median its 10-year median of 22.22. Over the past 10 years, this metric has ranged from a low of 19.67 to a high of 30.82. The Industrial Products industry median Days Payable is 77.54. Commercial Metals Co's value of 20.57 is 73.5% below this industry median. Based on the distribution chart, Commercial Metals Co ranks #2841 out of 2997 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Commercial Metals Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Commercial Metals Co's Days Payable compare to ESAB and GPGI?
According to the Industrial Products industry distribution chart, Commercial Metals Co ranks #2841 out of 2997 companies for Days Payable. This places Commercial Metals Co in the lower half of its industry. The industry median Days Payable is 77.54. Commercial Metals Co's value of 20.57 is 73.5% below this benchmark. Historically, Commercial Metals Co's own Days Payable has ranged from 19.67 to 30.82 over the past decade. While the company's 10-year median is 22.22 vs. the industry median of 77.54, Commercial Metals Co 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. Commercial Metals Co's current Days Payable of 20.57 is 73.5% 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 Commercial Metals Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commercial Metals Co's current Days Payable is 20.57, which is near median its own 10-year median of 22.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial Metals Co stock overvalued right now?
Based on GuruFocus' analysis, Commercial Metals Co (CMC) is currently considered Modestly Overvalued. The stock's GF Value™ is $59.32, compared to a current price of $69.20 — trading 16.7% above its estimated fair value. The current Days Payable is 20.57, which is near median its 10-year median of 22.22 and 73.5% below the Industrial Products industry median of 77.54. Commercial Metals Co's overall GF Score™ is 82/100 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 Commercial Metals Co (CMC), the current Days Payable is 20.57 as of May. 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 Commercial Metals Co (CMC) Overvalued in 2026?
Based on GuruFocus' analysis, Commercial Metals Co stock appears to be overvalued.
The current stock price of $69.20 is trading 16.7% above its estimated GF Value™ of $59.32.
GuruFocus considers Commercial Metals Co to be Modestly Overvalued.
Key valuation signals for CMC:
Days Payable: 20.57 (near median its 10-year median of 22.22)
GF Value™: $59.32 vs. price of $69.20 (16.7% above fair value)
Industry Position: 73.5% below the Industrial Products median (#2841 of 2997)
No single metric tells the full story. See the CMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commercial Metals Co is a manufacturer and supplier of early-stage construction materials, including steel reinforcing bars, concrete pipes, precast products, and soil stabilization solutions. It also produces merchant bar, steel fence posts, and wire rod, serving domestic and some international markets in Europe and Asia. Its products are used in infrastructure and building projects such as highways, bridges, airports, and commercial and residential buildings.
82GF Score
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