Al Jazeera Steel Products CoOG (MUS:ATMI) Days Payable: 18.30 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MUS:ATMI Al Jazeera Steel Products Co SAOG MUS:ATMI
73 GF Score
Price ر.ع0.83
GF Value ر.ع0.31
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Al Jazeera Steel Products CoOG Days Payable?

Al Jazeera Steel Products CoOG MUS:ATMI -0.60% 73 Days Payable is 18.30 as of Dec. 2025, which is 1% below its 10-year median of 18.41. GuruFocus rates MUS:ATMI with a GF Score™ of 73/100 and a GF Value™ of ر.ع0.31 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 598 Steel companies, Al Jazeera Steel Products CoOG ranks worse than 79.6% on this metric.

Al Jazeera Steel Products CoOG's average Accounts Payable for the six months ended in Dec. 2025 was ر.ع6.1 Mil. Al Jazeera Steel Products CoOG's Cost of Goods Sold for the six months ended in Dec. 2025 was ر.ع122.6 Mil. Hence, Al Jazeera Steel Products CoOG's Days Payable for the six months ended in Dec. 2025 was 9.15.

The historical rank and industry rank for Al Jazeera Steel Products CoOG's Days Payable or its related term are showing as below:

MUS:ATMI' s Days Payable Range Over the Past 10 Years
Min: 14.15   Med: 18.41   Max: 31.37
Current: 18.3

During the past 13 years, Al Jazeera Steel Products CoOG's highest Days Payable was 31.37. The lowest was 14.15. And the median was 18.41.

MUS:ATMI's Days Payable is ranked worse than
79.6% of 598 companies
in the Steel industry
Industry Median: 41.37 vs MUS:ATMI: 18.30

Al Jazeera Steel Products CoOG's Days Payable increased from Dec. 2023 (16.59) to Dec. 2025 (18.30). It may suggest that Al Jazeera Steel Products CoOG delayed paying its suppliers.


Al Jazeera Steel Products CoOG Days Payable Historical Data

* Premium members only.

The historical data trend for Al Jazeera Steel Products CoOG'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.

Al Jazeera Steel Products CoOG Days Payable Chart

Al Jazeera Steel Products CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.37 14.15 16.59 18.52 18.30

Al Jazeera Steel Products CoOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.37 14.15 16.59 18.52 18.30

MUS:ATMI vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Al Jazeera Steel Products CoOG'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.


Al Jazeera Steel Products CoOG Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Al Jazeera Steel Products CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Al Jazeera Steel Products CoOG's Days Payable falls into.


MUS:ATMI
73GF Score
Al Jazeera Steel Products Co SAOG MUS:ATMI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Jazeera Steel Products CoOG Days Payable Calculation

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.

Al Jazeera Steel Products CoOG's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (6.127 + 6.169) / 2 ) / 122.602*365
=6.148 / 122.602*365
=18.30

Al Jazeera Steel Products CoOG's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (6.127 + 6.169) / 2 ) / 122.602*365 / 2
=6.148 / 122.602*365 / 2
=9.15

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 18.30 mean?
Al Jazeera Steel Products CoOG (MUS:ATMI) has a Days Payable of 18.30 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 Al Jazeera Steel Products CoOG and its competitors. This is near median its historical median of 18.41. Over the past decade, Al Jazeera Steel Products CoOG's Days Payable has ranged from 14.15 to 31.37. According to the industry distribution chart, Al Jazeera Steel Products CoOG ranks #476 out of 598 companies in the Steel industry, placing it in the top 79.6%.
Is Al Jazeera Steel Products CoOG's Days Payable too high?
Al Jazeera Steel Products CoOG's current Days Payable of 18.30 is near median its 10-year median of 18.41. Over the past 10 years, this metric has ranged from a low of 14.15 to a high of 31.37. The Steel industry median Days Payable is 41.37. Al Jazeera Steel Products CoOG's value of 18.30 is 55.8% below this industry median. Based on the distribution chart, Al Jazeera Steel Products CoOG ranks #476 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Al Jazeera Steel Products CoOG has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Jazeera Steel Products CoOG's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Al Jazeera Steel Products CoOG ranks #476 out of 598 companies for Days Payable. This places Al Jazeera Steel Products CoOG in the lower half of its industry. The industry median Days Payable is 41.37. Al Jazeera Steel Products CoOG's value of 18.30 is 55.8% below this benchmark. Historically, Al Jazeera Steel Products CoOG's own Days Payable has ranged from 14.15 to 31.37 over the past decade. While the company's 10-year median is 18.41 vs. the industry median of 41.37, Al Jazeera Steel Products CoOG 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 41.37, based on 598 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. Al Jazeera Steel Products CoOG's current Days Payable of 18.30 is 55.8% 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 Al Jazeera Steel Products CoOG and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Jazeera Steel Products CoOG's current Days Payable is 18.30, which is near median its own 10-year median of 18.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Jazeera Steel Products CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Jazeera Steel Products CoOG (MUS:ATMI) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.31, compared to a current price of ر.ع0.83 — trading 166.1% above its estimated fair value. The current Days Payable is 18.30, which is near median its 10-year median of 18.41 and 55.8% below the Steel industry median of 41.37. Al Jazeera Steel Products CoOG's overall GF Score™ is 73/100 with 5 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 Al Jazeera Steel Products CoOG (MUS:ATMI), the current Days Payable is 18.30 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 Al Jazeera Steel Products CoOG (MUS:ATMI) Overvalued in 2026?

Based on GuruFocus' analysis, Al Jazeera Steel Products CoOG stock appears to be overvalued. The current stock price of ر.ع0.83 is trading 166.1% above its estimated GF Value™ of ر.ع0.31. GuruFocus considers Al Jazeera Steel Products CoOG to be Significantly Overvalued.

Key valuation signals for MUS:ATMI:

  • Days Payable: 18.30 (near median its 10-year median of 18.41)
  • GF Value™: ر.ع0.31 vs. price of ر.ع0.83 (166.1% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 55.8% below the Steel median (#476 of 598)

No single metric tells the full story. See the MUS:ATMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al Jazeera Steel Products CoOG Business Description

Address Suhar Industrial Estate, P.O. Box 40, Suhar, OMN, 327
Al Jazeera Steel Products Co SAOG is a steel manufacturing firm. It manufactures and sells steel tubes, pipes, and structural products, including associated work. It deals in products such as black pipes, galvanized pipes, hollow sections, rebars, CTL sheets, and merchant bars, among others. Geographically, the company generates the majority of its revenue from its regional market, with the remainder coming from international markets.
73GF Score

Get the complete analysis for MUS:ATMI

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.83
Price
ر.ع0.31
GF Value