IRCIRCWF 37 Days Payable is 34.10 as of Dec. 2025, which is 70% below its 10-year median of 111.99. GuruFocus rates IRCWF with a GF Score™ of 37/100 and a GF Value™ of $0.14. The stock has 4 warning signs investors should review. Among 602 Steel companies, IRC ranks worse than 57.81% on this metric.
IRC's average Accounts Payable for the
six
months ended in Dec. 2025 was $12.9 Mil. IRC's Cost of Goods Sold for the
six
months ended in Dec. 2025 was $68.9 Mil.
Hence, IRC's Days Payable for the
six
months ended in Dec. 2025 was 34.10.
The historical rank and industry rank for IRC's Days Payable or its related term are showing as below:
IRCWF'
s Days Payable Range Over the Past 10 Years
Min: 27.87 Med: 111.99 Max: 760.34
Current: 34.42
During the past 13 years, IRC's highest Days Payable was 760.34. The lowest was 27.87. And the median was 111.99.
IRCWF's Days Payable is ranked worse than 57.81% of 602
companies
in the Steel industry
Industry Median: 41.4
vs IRCWF: 34.42
IRC's Days Payable
declined
from Dec. 2024 (50.35) to Dec. 2025 (34.10).
It may suggest that IRCaccelerated paying its suppliers.
IRC Days Payable Related Terms
IRC Days Payable Historical Data
* Premium members only.
The historical data trend for IRC'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, IRC'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.
IRC Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, IRC's Days Payable distribution charts can be found below:
* The bar in red indicates where IRC'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.
IRC's Days Payable for the fiscal year that ended in Dec. 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.
IRC (IRCWF) has a Days Payable of 34.10 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 IRC and its competitors. This is 70% below median its historical median of 111.99. Over the past decade, IRC's Days Payable has ranged from 27.87 to 760.34. According to the industry distribution chart, IRC ranks #348 out of 602 companies in the Steel industry, placing it in the top 57.8%.
Is IRC's Days Payable too high?
IRC's current Days Payable of 34.10 is 70% below median its 10-year median of 111.99. Over the past 10 years, this metric has ranged from a low of 27.87 to a high of 760.34. The Steel industry median Days Payable is 41.40. IRC's value of 34.10 is 17.6% below this industry median. Based on the distribution chart, IRC ranks #348 out of 602 companies in the Steel industry, which is below the industry midpoint. Overall, IRC has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does IRC's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, IRC ranks #348 out of 602 companies for Days Payable. This places IRC in the lower half of its industry. The industry median Days Payable is 41.40. IRC's value of 34.10 is 17.6% below this benchmark. Historically, IRC's own Days Payable has ranged from 27.87 to 760.34 over the past decade. While the company's 10-year median is 111.99 vs. the industry median of 41.40, IRC 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. IRC's current Days Payable of 34.10 is 17.6% 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 IRC 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. IRC's current Days Payable is 34.10, which is 70% below median its own 10-year median of 111.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRC stock overvalued right now?
IRC (IRCWF) has a current Days Payable of 34.10. The stock's GF Value™ is $0.14, compared to a current price of $0.11 — trading 23.2% below its estimated fair value. The current Days Payable is 34.10, which is 70% below median its 10-year median of 111.99 and 17.6% below the Steel industry median of 41.40. IRC's overall GF Score™ is 37/100 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 IRC (IRCWF), the current Days Payable is 34.10 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 IRC (IRCWF) Overvalued in 2026?
Based on GuruFocus' analysis, IRC stock appears to be undervalued.
The current stock price of $0.11 is trading 23.2% below its estimated GF Value™ of $0.14.
Key valuation signals for IRCWF:
Days Payable: 34.10 (70% below median its 10-year median of 111.99)
GF Value™: $0.14 vs. price of $0.11 (23.2% below fair value)
Industry Position: 17.6% below the Steel median (#348 of 602)
No single metric tells the full story. See the IRCWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRC Ltd is engaged in the production and development of industrial commodity products, including iron ore concentrate. The main activities of the Group are carried out in Russia and the Group predominantly serves the Russian and Chinese markets. The company's segment includes: Mines in production, Mines in development, Engineering, and Other. The company generates the majority of its revenue from Mines in the production segment, which comprises an iron ore project in the production phase. This segment includes the K&S Project, which is located in the Russian Far East Region and started commercial production in January 2017. Geographically, the firm derives the majority of its revenue from the PRC.
37GF Score
Get the complete analysis for IRCWF
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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