BowimFRA:Z39 -1.88%61 Days Payable is 51.00 as of Mar. 2026, which is 14% above its 10-year median of 44.89. GuruFocus rates FRA:Z39 with a GF Score™ of 61/100 and a GF Value™ of €1.11. The stock has 3 warning signs investors should review. Among 599 Steel companies, Bowim ranks better than 68.78% on this metric.
Bowim's average Accounts Payable for the
three
months ended in Mar. 2026 was €48.5 Mil. Bowim's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €86.7 Mil.
Hence, Bowim's Days Payable for the
three
months ended in Mar. 2026 was 51.00.
The historical rank and industry rank for Bowim's Days Payable or its related term are showing as below:
FRA:Z39'
s Days Payable Range Over the Past 10 Years
Min: 29.39 Med: 44.89 Max: 67.67
Current: 63.61
During the past 13 years, Bowim's highest Days Payable was 67.67. The lowest was 29.39. And the median was 44.89.
FRA:Z39's Days Payable is ranked better than 68.78% of 599
companies
in the Steel industry
Industry Median: 41.39
vs FRA:Z39: 63.61
Bowim's Days Payable
increased
from Dec. 2024 (36.89) to Mar. 2026 (51.00).
It may suggest that Bowimdelayed paying its suppliers.
Bowim Days Payable Related Terms
Bowim Days Payable Historical Data
* Premium members only.
The historical data trend for Bowim'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 Steel subindustry, Bowim'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.
Bowim Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Bowim's Days Payable distribution charts can be found below:
* The bar in red indicates where Bowim'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.
Bowim's Days Payable for the fiscal year that ended in Dec. 2024 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.
Bowim (FRA:Z39) has a Days Payable of 51.00 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 Bowim and its competitors. This is 14% above median its historical median of 44.89. Over the past decade, Bowim's Days Payable has ranged from 29.39 to 67.67. According to the industry distribution chart, Bowim ranks #187 out of 599 companies in the Steel industry, placing it in the top 31.2%.
Is Bowim's Days Payable too high?
Bowim's current Days Payable of 51.00 is 14% above median its 10-year median of 44.89. Over the past 10 years, this metric has ranged from a low of 29.39 to a high of 67.67. The Steel industry median Days Payable is 41.39. Bowim's value of 51.00 is 23.2% above this industry median. Based on the distribution chart, Bowim ranks #187 out of 599 companies in the Steel industry, which is above the industry midpoint. Overall, Bowim has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Bowim's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Bowim ranks #187 out of 599 companies for Days Payable. This puts Bowim in the upper half of its industry. The industry median Days Payable is 41.39. Bowim's value of 51.00 is 23.2% above this benchmark. Historically, Bowim's own Days Payable has ranged from 29.39 to 67.67 over the past decade. While the company's 10-year median is 44.89 vs. the industry median of 41.39, Bowim 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 41.39, based on 599 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. Bowim's current Days Payable of 51.00 is 23.2% 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 Bowim 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. Bowim's current Days Payable is 51.00, which is 14% above median its own 10-year median of 44.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowim stock overvalued right now?
Bowim (FRA:Z39) has a current Days Payable of 51.00. The stock's GF Value™ is €1.11, compared to a current price of €1.57 — trading 41% above its estimated fair value. The current Days Payable is 51.00, which is 14% above median its 10-year median of 44.89 and 23.2% above the Steel industry median of 41.39. Bowim's overall GF Score™ is 61/100 with 3 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 Bowim (FRA:Z39), the current Days Payable is 51.00 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 Bowim (FRA:Z39) Overvalued in 2026?
Based on GuruFocus' analysis, Bowim stock appears to be overvalued.
The current stock price of €1.57 is trading 41% above its estimated GF Value™ of €1.11.
Key valuation signals for FRA:Z39:
Days Payable: 51.00 (14% above median its 10-year median of 44.89)
GF Value™: €1.11 vs. price of €1.57 (41% above fair value)
Industry Position: 23.2% above the Steel median (#187 of 599)
No single metric tells the full story. See the FRA:Z39 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bowim SA offers carbon steel products made by Polish and foreign manufacturers. The company is engaged in the production of reinforcement prefabricated units and guides for the construction industry. It also provides cross-cutting, longitudinal cold-rolled, galvanized, and services installation of reinforcing steel for the building of infrastructure, industry, and housing, and a fleet of modern trucks for delivery purposes.
61GF Score
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