Kumba Iron Ore (FRA:KUI) Days Payable: 467.70 (As of Dec. 2025) — 137% Above Median


FRA:KUI Kumba Iron Ore Ltd FRA:KUI
73 GF Score
Price €15.40
GF Value €17.65
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Kumba Iron Ore Days Payable?

Kumba Iron Ore FRA:KUI +1.32% 73 Days Payable is 467.70 as of Dec. 2025, which is 137% above its 10-year median of 196.96. GuruFocus rates FRA:KUI with a GF Score™ of 73/100 and a GF Value™ of €17.65 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 602 Steel companies, Kumba Iron Ore ranks better than 97.18% on this metric.

Kumba Iron Ore's average Accounts Payable for the six months ended in Dec. 2025 was €463 Mil. Kumba Iron Ore's Cost of Goods Sold for the six months ended in Dec. 2025 was €181 Mil. Hence, Kumba Iron Ore's Days Payable for the six months ended in Dec. 2025 was 467.70.

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

FRA:KUI' s Days Payable Range Over the Past 10 Years
Min: 69.85   Med: 196.96   Max: 428.97
Current: 387.68

During the past 13 years, Kumba Iron Ore's highest Days Payable was 428.97. The lowest was 69.85. And the median was 196.96.

FRA:KUI's Days Payable is ranked better than
97.18% of 602 companies
in the Steel industry
Industry Median: 41.4 vs FRA:KUI: 387.68

Kumba Iron Ore's Days Payable increased from Dec. 2024 (224.09) to Dec. 2025 (467.70). It may suggest that Kumba Iron Ore delayed paying its suppliers.


Kumba Iron Ore Days Payable Historical Data

* Premium members only.

The historical data trend for Kumba Iron Ore'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.

Kumba Iron Ore Days Payable Chart

Kumba Iron Ore 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 208.03 433.49 277.59 227.71 373.21

Kumba Iron Ore Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 293.00 270.20 224.09 344.83 467.70

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

For the Steel subindustry, Kumba Iron Ore'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.


Kumba Iron Ore Days Payable vs Steel Industry

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

* The bar in red indicates where Kumba Iron Ore's Days Payable falls into.


FRA:KUI
73GF Score
Kumba Iron Ore Ltd FRA:KUI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kumba Iron Ore 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.

Kumba Iron Ore'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
=( (364.844 + 468.28) / 2 ) / 407.398*365
=416.562 / 407.398*365
=373.21

Kumba Iron Ore's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (457.199 + 468.28) / 2 ) / 180.565*365 / 2
=462.7395 / 180.565*365 / 2
=467.70

* 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 467.70 mean?
Kumba Iron Ore (FRA:KUI) has a Days Payable of 467.70 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 Kumba Iron Ore and its competitors. This is 137% above median its historical median of 196.96. Over the past decade, Kumba Iron Ore's Days Payable has ranged from 69.85 to 428.97. According to the industry distribution chart, Kumba Iron Ore ranks #17 out of 602 companies in the Steel industry, placing it in the top 2.8%.
Is Kumba Iron Ore's Days Payable too high?
Kumba Iron Ore's current Days Payable of 467.70 is 137% above median its 10-year median of 196.96. Over the past 10 years, this metric has ranged from a low of 69.85 to a high of 428.97. The Steel industry median Days Payable is 41.40. Kumba Iron Ore's value of 467.70 is 1029.7% above this industry median. Based on the distribution chart, Kumba Iron Ore ranks #17 out of 602 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kumba Iron Ore has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumba Iron Ore's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Kumba Iron Ore ranks #17 out of 602 companies for Days Payable. This places Kumba Iron Ore in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.40. Kumba Iron Ore's value of 467.70 is 1029.7% above this benchmark. Historically, Kumba Iron Ore's own Days Payable has ranged from 69.85 to 428.97 over the past decade. While the company's 10-year median is 196.96 vs. the industry median of 41.40, Kumba Iron Ore 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 41.40, 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. Kumba Iron Ore's current Days Payable of 467.70 is 1029.7% 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 Kumba Iron Ore 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. Kumba Iron Ore's current Days Payable is 467.70, which is 137% above median its own 10-year median of 196.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumba Iron Ore stock overvalued right now?
Based on GuruFocus' analysis, Kumba Iron Ore (FRA:KUI) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.65, compared to a current price of €15.40 — trading 12.7% below its estimated fair value. The current Days Payable is 467.70, which is 137% above median its 10-year median of 196.96 and 1029.7% above the Steel industry median of 41.40. Kumba Iron Ore'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 Kumba Iron Ore (FRA:KUI), the current Days Payable is 467.70 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 Kumba Iron Ore (FRA:KUI) Overvalued in 2026?

Based on GuruFocus' analysis, Kumba Iron Ore stock appears to be undervalued. The current stock price of €15.40 is trading 12.7% below its estimated GF Value™ of €17.65. GuruFocus considers Kumba Iron Ore to be Modestly Undervalued.

Key valuation signals for FRA:KUI:

  • Days Payable: 467.70 (137% above median its 10-year median of 196.96)
  • GF Value™: €17.65 vs. price of €15.40 (12.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 1029.7% above the Steel median (#17 of 602)

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


Kumba Iron Ore Business Description

Address 144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing, blending, and sale of iron ore to the steel industry. The company operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is opencast and produces the bulk of the group's iron ore, which is exported. It also holds an interest in the Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.
73GF Score

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

€15.40
Price
€17.65
GF Value