Friedman IndustriesFRD +2.01%71 Days Payable is 35.87 as of Mar. 2026, which is 11% above its 10-year median of 32.20. GuruFocus rates FRD with a GF Score™ of 71/100 and a GF Value™ of $22.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 602 Steel companies, Friedman Industries ranks worse than 57.48% on this metric.
The historical rank and industry rank for Friedman Industries's Days Payable or its related term are showing as below:
FRD'
s Days Payable Range Over the Past 10 Years
Min: 10.49 Med: 32.2 Max: 44.82
Current: 34.58
During the past 13 years, Friedman Industries's highest Days Payable was 44.82. The lowest was 10.49. And the median was 32.20.
FRD's Days Payable is ranked worse than 57.48% of 602
companies
in the Steel industry
Industry Median: 41.4
vs FRD: 34.58
Friedman Industries's Days Payable
increased
from Mar. 2025 (31.14) to Mar. 2026 (35.87).
It may suggest that Friedman Industriesdelayed paying its suppliers.
Friedman Industries Days Payable Related Terms
Friedman Industries Days Payable Historical Data
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The historical data trend for Friedman Industries'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, Friedman Industries'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.
Friedman Industries Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Friedman Industries'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.
Friedman Industries's Days Payable for the fiscal year that ended in Mar. 2026 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.
Friedman Industries (FRD) has a Days Payable of 35.87 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 Friedman Industries and its competitors. This is 11% above median its historical median of 32.20. Over the past decade, Friedman Industries' Days Payable has ranged from 10.49 to 44.82. According to the industry distribution chart, Friedman Industries ranks #346 out of 602 companies in the Steel industry, placing it in the top 57.5%.
Is Friedman Industries' Days Payable too high?
Friedman Industries' current Days Payable of 35.87 is 11% above median its 10-year median of 32.20. Over the past 10 years, this metric has ranged from a low of 10.49 to a high of 44.82. The Steel industry median Days Payable is 41.40. Friedman Industries' value of 35.87 is 13.4% below this industry median. Based on the distribution chart, Friedman Industries ranks #346 out of 602 companies in the Steel industry, which is below the industry midpoint. Overall, Friedman Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Days Payable compare to LUD and ZKIN?
According to the Steel industry distribution chart, Friedman Industries ranks #346 out of 602 companies for Days Payable. This places Friedman Industries in the lower half of its industry. The industry median Days Payable is 41.40. Friedman Industries' value of 35.87 is 13.4% below this benchmark. Historically, Friedman Industries' own Days Payable has ranged from 10.49 to 44.82 over the past decade. While the company's 10-year median is 32.20 vs. the industry median of 41.40, Friedman Industries 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. Friedman Industries's current Days Payable of 35.87 is 13.4% 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 Friedman Industries 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. Friedman Industries's current Days Payable is 35.87, which is 11% above median its own 10-year median of 32.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.21, compared to a current price of $34.12 — trading 53.6% above its estimated fair value. The current Days Payable is 35.87, which is 11% above median its 10-year median of 32.20 and 13.4% below the Steel industry median of 41.40. Friedman Industries' overall GF Score™ is 71/100 with 9 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 Friedman Industries (FRD), the current Days Payable is 35.87 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 Friedman Industries (FRD) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of $34.12 is trading 53.6% above its estimated GF Value™ of $22.21.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
Days Payable: 35.87 (11% above median its 10-year median of 32.20)
GF Value™: $22.21 vs. price of $34.12 (53.6% above fair value)
Industry Position: 13.4% below the Steel median (#346 of 602)
No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
71GF Score
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