RelianceMEX:RS 88 Days Payable is 14.81 as of Mar. 2026, which is 1% above its 10-year median of 14.65. GuruFocus rates MEX:RS with a GF Score™ of 88/100 and a GF Value™ of MXN4,789.44. The stock has 9 warning signs investors should review. Among 599 Steel companies, Reliance ranks worse than 81.64% on this metric.
Reliance's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN8,356 Mil. Reliance's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN51,467 Mil.
Hence, Reliance's Days Payable for the
three
months ended in Mar. 2026 was 14.81.
The historical rank and industry rank for Reliance's Days Payable or its related term are showing as below:
MEX:RS'
s Days Payable Range Over the Past 10 Years
Min: 13.21 Med: 14.65 Max: 17.08
Current: 17.04
During the past 13 years, Reliance's highest Days Payable was 17.08. The lowest was 13.21. And the median was 14.65.
MEX:RS's Days Payable is ranked worse than 81.64% of 599
companies
in the Steel industry
Industry Median: 41.39
vs MEX:RS: 17.04
Reliance's Days Payable
declined
from Mar. 2025 (16.56) to Mar. 2026 (14.81).
It may suggest that Relianceaccelerated paying its suppliers.
Reliance Days Payable Related Terms
Reliance Days Payable Historical Data
* Premium members only.
The historical data trend for Reliance'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, Reliance'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.
Reliance Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Reliance's Days Payable distribution charts can be found below:
* The bar in red indicates where Reliance'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.
Reliance'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.
Reliance (MEX:RS) has a Days Payable of 14.81 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 Reliance and its competitors. This is near median its historical median of 14.65. Over the past decade, Reliance's Days Payable has ranged from 13.21 to 17.08. According to the industry distribution chart, Reliance ranks #489 out of 599 companies in the Steel industry, placing it in the top 81.6%.
Is Reliance's Days Payable too high?
Reliance's current Days Payable of 14.81 is near median its 10-year median of 14.65. Over the past 10 years, this metric has ranged from a low of 13.21 to a high of 17.08. The Steel industry median Days Payable is 41.39. Reliance's value of 14.81 is 64.2% below this industry median. Based on the distribution chart, Reliance ranks #489 out of 599 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Reliance has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Reliance's Days Payable compare to TX and CLF?
According to the Steel industry distribution chart, Reliance ranks #489 out of 599 companies for Days Payable. This places Reliance in the lower half of its industry. The industry median Days Payable is 41.39. Reliance's value of 14.81 is 64.2% below this benchmark. Historically, Reliance's own Days Payable has ranged from 13.21 to 17.08 over the past decade. While the company's 10-year median is 14.65 vs. the industry median of 41.39, Reliance 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 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. Reliance's current Days Payable of 14.81 is 64.2% 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 Reliance 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. Reliance's current Days Payable is 14.81, which is near median its own 10-year median of 14.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance stock overvalued right now?
Reliance (MEX:RS) has a current Days Payable of 14.81. The stock's GF Value™ is MXN4,789.44, compared to a current price of MXN5,529.80 — trading 15.5% above its estimated fair value. The current Days Payable is 14.81, which is near median its 10-year median of 14.65 and 64.2% below the Steel industry median of 41.39. Reliance's overall GF Score™ is 88/100 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 Reliance (MEX:RS), the current Days Payable is 14.81 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 Reliance (MEX:RS) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance stock appears to be overvalued.
The current stock price of MXN5,529.80 is trading 15.5% above its estimated GF Value™ of MXN4,789.44.
Key valuation signals for MEX:RS:
Days Payable: 14.81 (near median its 10-year median of 14.65)
GF Value™: MXN4,789.44 vs. price of MXN5,529.80 (15.5% above fair value)
Industry Position: 64.2% below the Steel median (#489 of 599)
No single metric tells the full story. See the MEX:RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.
88GF Score
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