* 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.
PT Steel Pipe Industry of Indonesia Tbk Days Payable Chart
PT Steel Pipe Industry of Indonesia Tbk Annual Data
For the Steel subindustry, PT Steel Pipe Industry of Indonesia Tbk'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.
PT Steel Pipe Industry of Indonesia Tbk Days Payable vs Steel Industry
PT Steel Pipe Industry of Indonesia Tbk 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.
* 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.
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a Days Payable of 31.31 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 PT Steel Pipe Industry of Indonesia Tbk and its competitors. This is 44% above median its historical median of 21.81. Over the past decade, PT Steel Pipe Industry of Indonesia Tbk's Days Payable has ranged from 11.14 to 31.73. According to the industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #374 out of 598 companies in the Steel industry, placing it in the top 62.5%.
Is PT Steel Pipe Industry of Indonesia Tbk's Days Payable too high?
PT Steel Pipe Industry of Indonesia Tbk's current Days Payable of 31.31 is 44% above median its 10-year median of 21.81. Over the past 10 years, this metric has ranged from a low of 11.14 to a high of 31.73. The Steel industry median Days Payable is 41.39. PT Steel Pipe Industry of Indonesia Tbk's value of 31.31 is 24.3% below this industry median. Based on the distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #374 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #374 out of 598 companies for Days Payable. This places PT Steel Pipe Industry of Indonesia Tbk in the lower half of its industry. The industry median Days Payable is 41.39. PT Steel Pipe Industry of Indonesia Tbk's value of 31.31 is 24.3% below this benchmark. Historically, PT Steel Pipe Industry of Indonesia Tbk's own Days Payable has ranged from 11.14 to 31.73 over the past decade. While the company's 10-year median is 21.81 vs. the industry median of 41.39, PT Steel Pipe Industry of Indonesia Tbk 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 41.39, 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. PT Steel Pipe Industry of Indonesia Tbk's current Days Payable of 31.31 is 24.3% 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 PT Steel Pipe Industry of Indonesia Tbk and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current Days Payable is 31.31, which is 44% above median its own 10-year median of 21.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a current Days Payable of 31.31. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 40% above its estimated fair value. The current Days Payable is 31.31, which is 44% above median its 10-year median of 21.81 and 24.3% below the Steel industry median of 41.39. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 76/100 with 2 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current Days Payable is 31.31 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued.
The current stock price of €0.01 is trading 40% above its estimated GF Value™ of €0.01.
Key valuation signals for FRA:S08:
Days Payable: 31.31 (44% above median its 10-year median of 21.81)
GF Value™: €0.01 vs. price of €0.01 (40% above fair value)
Industry Position: 24.3% below the Steel median (#374 of 598)
No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Steel Pipe Industry of Indonesia Tbk Business Description
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
76GF Score
Get the complete analysis for FRA:S08
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:S08 has been successfully added to your 
