Insteel IndustriesIIIN +3.40%68 Days Payable is 34.91 as of Mar. 2026, which is 12% above its 10-year median of 31.30. GuruFocus rates IIIN with a GF Score™ of 68/100 and a GF Value™ of $37.81 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,997 Industrial Products companies, Insteel Industries ranks worse than 82.98% on this metric.
The historical rank and industry rank for Insteel Industries's Days Payable or its related term are showing as below:
IIIN'
s Days Payable Range Over the Past 10 Years
Min: 25.37 Med: 31.3 Max: 44.72
Current: 34.8
During the past 13 years, Insteel Industries's highest Days Payable was 44.72. The lowest was 25.37. And the median was 31.30.
IIIN's Days Payable is ranked worse than 82.98% of 2997
companies
in the Industrial Products industry
Industry Median: 77.54
vs IIIN: 34.80
Insteel Industries's Days Payable
increased
from Mar. 2025 (26.72) to Mar. 2026 (34.91).
It may suggest that Insteel Industriesdelayed paying its suppliers.
Insteel Industries Days Payable Related Terms
Insteel Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Insteel 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 Metal Fabrication subindustry, Insteel 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.
Insteel Industries Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Insteel Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Insteel 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.
Insteel Industries's Days Payable for the fiscal year that ended in Sep. 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.
Insteel Industries (IIIN) has a Days Payable of 34.91 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 Insteel Industries and its competitors. This is 12% above median its historical median of 31.30. Over the past decade, Insteel Industries' Days Payable has ranged from 25.37 to 44.72. According to the industry distribution chart, Insteel Industries ranks #2487 out of 2997 companies in the Industrial Products industry, placing it in the top 83%.
Is Insteel Industries' Days Payable too high?
Insteel Industries' current Days Payable of 34.91 is 12% above median its 10-year median of 31.30. Over the past 10 years, this metric has ranged from a low of 25.37 to a high of 44.72. The Industrial Products industry median Days Payable is 77.54. Insteel Industries' value of 34.91 is 55% below this industry median. Based on the distribution chart, Insteel Industries ranks #2487 out of 2997 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Insteel Industries has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Insteel Industries' Days Payable compare to MEC and TG?
According to the Industrial Products industry distribution chart, Insteel Industries ranks #2487 out of 2997 companies for Days Payable. This places Insteel Industries in the lower half of its industry. The industry median Days Payable is 77.54. Insteel Industries' value of 34.91 is 55% below this benchmark. Historically, Insteel Industries' own Days Payable has ranged from 25.37 to 44.72 over the past decade. While the company's 10-year median is 31.30 vs. the industry median of 77.54, Insteel 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. Insteel Industries's current Days Payable of 34.91 is 55% 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 Insteel Industries and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Insteel Industries's current Days Payable is 34.91, which is 12% above median its own 10-year median of 31.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Insteel Industries (IIIN) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.81, compared to a current price of $31.00 — trading 18% below its estimated fair value. The current Days Payable is 34.91, which is 12% above median its 10-year median of 31.30 and 55% below the Industrial Products industry median of 77.54. Insteel Industries' overall GF Score™ is 68/100 with 4 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 Insteel Industries (IIIN), the current Days Payable is 34.91 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 Insteel Industries (IIIN) Overvalued in 2026?
Based on GuruFocus' analysis, Insteel Industries stock appears to be undervalued.
The current stock price of $31.00 is trading 18% below its estimated GF Value™ of $37.81.
GuruFocus considers Insteel Industries to be Modestly Undervalued.
Key valuation signals for IIIN:
Days Payable: 34.91 (12% above median its 10-year median of 31.30)
GF Value™: $37.81 vs. price of $31.00 (18% below fair value)
Industry Position: 55% below the Industrial Products median (#2487 of 2997)
No single metric tells the full story. See the IIIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Insteel Industries Inc produces and sells prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand, a high-strength seven-wire cable, is used to strengthen precast concrete in structures like bridges, parking decks, and buildings, enabling longer spans and slimmer designs. WWR includes engineered structural mesh for primary reinforcement, concrete pipe reinforcement for drainage and sewage systems, and standard WWR for crack control in residential and light commercial construction. The company serves markets in the United States and internationally, with the majority of revenue generated in the United States.
68GF Score
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