Acerinox (FRA:ACE) Days Payable: 0.00 (As of Mar. 2026)


FRA:ACE Acerinox SA FRA:ACE
77 GF Score
Price €7.70
GF Value €5.10
! 8 Warning Signs
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What is Acerinox Days Payable?

Acerinox FRA:ACE -0.65% 77 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates FRA:ACE with a GF Score™ of 77/100 and a GF Value™ of €5.10. The stock has 8 warning signs investors should review. Among 602 Steel companies, Acerinox ranks better than 91.69% on this metric.

Acerinox's average Accounts Payable for the three months ended in Mar. 2026 was €681 Mil. Acerinox's Cost of Goods Sold for the three months ended in Mar. 2026 was €0 Mil.

The historical rank and industry rank for Acerinox's Days Payable or its related term are showing as below:

FRA:ACE' s Days Payable Range Over the Past 10 Years
Min: 63.49   Med: 85.74   Max: 152.14
Current: 152.14

During the past 13 years, Acerinox's highest Days Payable was 152.14. The lowest was 63.49. And the median was 85.74.

FRA:ACE's Days Payable is ranked better than
91.69% of 602 companies
in the Steel industry
Industry Median: 41.4 vs FRA:ACE: 152.14

Acerinox's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same


Acerinox Days Payable Historical Data

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The historical data trend for Acerinox'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.

Acerinox Days Payable Chart

Acerinox Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.88 76.16 74.88 75.33 63.49

Acerinox Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 33.27 0.00

FRA:ACE vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Acerinox'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.


Acerinox Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Acerinox's Days Payable distribution charts can be found below:

* The bar in red indicates where Acerinox's Days Payable falls into.


FRA:ACE
77GF Score
Acerinox SA FRA:ACE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Acerinox Days Payable Calculation

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.

Acerinox's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (671.711 + 621.974) / 2 ) / 3718.866*365
=646.8425 / 3718.866*365
=63.49

Acerinox's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (621.974 + 741) / 2 ) / 0*365 / 4
=681.487 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Acerinox (FRA:ACE) has a Days Payable of 0.00 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 Acerinox and its competitors. Over the past decade, Acerinox's Days Payable has ranged from 63.49 to 152.14. According to the industry distribution chart, Acerinox ranks #50 out of 602 companies in the Steel industry, placing it in the top 8.3%.
Is Acerinox's Days Payable too high?
Acerinox's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 63.49 to a high of 152.14. Based on the distribution chart, Acerinox ranks #50 out of 602 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Acerinox has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Acerinox's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Acerinox ranks #50 out of 602 companies for Days Payable. This places Acerinox in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.40. Historically, Acerinox's own Days Payable has ranged from 63.49 to 152.14 over the past decade. 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 41.40, based on 602 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. 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 Acerinox and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acerinox's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acerinox stock overvalued right now?
Acerinox (FRA:ACE) has a current Days Payable of 0.00. The stock's GF Value™ is €5.10, compared to a current price of €7.70 — trading 51% above its estimated fair value. The current Days Payable is 0.00. Acerinox's overall GF Score™ is 77/100 with 8 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 Acerinox (FRA:ACE), the current Days Payable is 0.00 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 Acerinox (FRA:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Acerinox stock appears to be overvalued. The current stock price of €7.70 is trading 51% above its estimated GF Value™ of €5.10.

Key valuation signals for FRA:ACE:

  • Days Payable: 0.00
  • GF Value™: €5.10 vs. price of €7.70 (51% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the FRA:ACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acerinox Business Description

Address Calle Santiago de Compostela, no. 100, Madrid, ESP, 28035
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically, the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
77GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.70
Price
€5.10
GF Value