GerdauFRA:GDUB +4.55%73 Days Payable is 33.83 as of Mar. 2026, which is 11% below its 10-year median of 38.18. GuruFocus rates FRA:GDUB with a GF Score™ of 73/100 and a GF Value™ of €3.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 602 Steel companies, Gerdau ranks worse than 58.14% on this metric.
Gerdau's average Accounts Payable for the
three
months ended in Mar. 2026 was €884 Mil. Gerdau's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €2,385 Mil.
Hence, Gerdau's Days Payable for the
three
months ended in Mar. 2026 was 33.83.
The historical rank and industry rank for Gerdau's Days Payable or its related term are showing as below:
FRA:GDUB'
s Days Payable Range Over the Past 10 Years
Min: 31.63 Med: 38.18 Max: 44.32
Current: 34.12
During the past 13 years, Gerdau's highest Days Payable was 44.32. The lowest was 31.63. And the median was 38.18.
FRA:GDUB's Days Payable is ranked worse than 58.14% of 602
companies
in the Steel industry
Industry Median: 41.4
vs FRA:GDUB: 34.12
Gerdau's Days Payable
declined
from Mar. 2025 (35.50) to Mar. 2026 (33.83).
It may suggest that Gerdauaccelerated paying its suppliers.
Gerdau Days Payable Related Terms
Gerdau Days Payable Historical Data
* Premium members only.
The historical data trend for Gerdau'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.
FRA:GDUB vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Gerdau'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.
Gerdau Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Gerdau's Days Payable distribution charts can be found below:
* The bar in red indicates where Gerdau'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.
Gerdau'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.
Gerdau (FRA:GDUB) has a Days Payable of 33.83 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 Gerdau and its competitors. This is 11% below median its historical median of 38.18. Over the past decade, Gerdau's Days Payable has ranged from 31.63 to 44.32. According to the industry distribution chart, Gerdau ranks #350 out of 602 companies in the Steel industry, placing it in the top 58.1%.
Is Gerdau's Days Payable too high?
Gerdau's current Days Payable of 33.83 is 11% below median its 10-year median of 38.18. Over the past 10 years, this metric has ranged from a low of 31.63 to a high of 44.32. The Steel industry median Days Payable is 41.40. Gerdau's value of 33.83 is 18.3% below this industry median. Based on the distribution chart, Gerdau ranks #350 out of 602 companies in the Steel industry, which is below the industry midpoint. Overall, Gerdau has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gerdau's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Gerdau ranks #350 out of 602 companies for Days Payable. This places Gerdau in the lower half of its industry. The industry median Days Payable is 41.40. Gerdau's value of 33.83 is 18.3% below this benchmark. Historically, Gerdau's own Days Payable has ranged from 31.63 to 44.32 over the past decade. While the company's 10-year median is 38.18 vs. the industry median of 41.40, Gerdau 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 41.40, 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. Gerdau's current Days Payable of 33.83 is 18.3% 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 Gerdau 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. Gerdau's current Days Payable is 33.83, which is 11% below median its own 10-year median of 38.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Gerdau (FRA:GDUB) is currently considered Fairly Valued. The stock's GF Value™ is €3.36, compared to a current price of €3.68 — trading 9.5% above its estimated fair value. The current Days Payable is 33.83, which is 11% below median its 10-year median of 38.18 and 18.3% below the Steel industry median of 41.40. Gerdau's overall GF Score™ is 73/100 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 Gerdau (FRA:GDUB), the current Days Payable is 33.83 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 Gerdau (FRA:GDUB) Overvalued in 2026?
Based on GuruFocus' analysis, Gerdau stock appears to be overvalued.
The current stock price of €3.68 is trading 9.5% above its estimated GF Value™ of €3.36.
GuruFocus considers Gerdau to be Fairly Valued.
Key valuation signals for FRA:GDUB:
Days Payable: 33.83 (11% below median its 10-year median of 38.18)
GF Value™: €3.36 vs. price of €3.68 (9.5% above fair value)
Industry Position: 18.3% below the Steel median (#350 of 602)
No single metric tells the full story. See the FRA:GDUB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutors, mechanical construction bars, and reinforced steel locks. The company's geographical segment includes Brazil Segment; North America Segment; South America Segment as well as Special Steel Operations. It derives the majority of its revenue from the Brazil Operations segment, which includes the long, flat and special steel operations and the iron ore operation located in Brazil and joint ventures and associated companies located in Brazil.
73GF Score
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