Steel & Tube Holdings (NZSE:STU) Days Payable: 55.03 (As of Dec. 2025) — 53% Above Median


NZSE:STU Steel & Tube Holdings Ltd NZSE:STU
40 GF Score
Price NZ$0.34
GF Value NZ$0.73
Valuation Possible Value Trap
! 4 Warning Signs
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What is Steel & Tube Holdings Days Payable?

Steel & Tube Holdings NZSE:STU +3.03% 40 Days Payable is 55.03 as of Dec. 2025, which is 53% above its 10-year median of 35.95. GuruFocus rates NZSE:STU with a GF Score™ of 40/100 and a GF Value™ of NZ$0.73 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 598 Steel companies, Steel & Tube Holdings ranks better than 63.88% on this metric.

Steel & Tube Holdings's average Accounts Payable for the six months ended in Dec. 2025 was NZ$45.6 Mil. Steel & Tube Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was NZ$151.2 Mil. Hence, Steel & Tube Holdings's Days Payable for the six months ended in Dec. 2025 was 55.03.

The historical rank and industry rank for Steel & Tube Holdings's Days Payable or its related term are showing as below:

NZSE:STU' s Days Payable Range Over the Past 10 Years
Min: 27.32   Med: 35.95   Max: 57.18
Current: 57.18

During the past 13 years, Steel & Tube Holdings's highest Days Payable was 57.18. The lowest was 27.32. And the median was 35.95.

NZSE:STU's Days Payable is ranked better than
63.88% of 598 companies
in the Steel industry
Industry Median: 41.385 vs NZSE:STU: 57.18

Steel & Tube Holdings's Days Payable increased from Dec. 2024 (40.17) to Dec. 2025 (55.03). It may suggest that Steel & Tube Holdings delayed paying its suppliers.


Steel & Tube Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Steel & Tube Holdings'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.

Steel & Tube Holdings Days Payable Chart

Steel & Tube Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.29 42.77 36.04 35.85 47.64

Steel & Tube Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 36.62 51.24 40.17 59.20 55.03

NZSE:STU vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Steel & Tube Holdings'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.


Steel & Tube Holdings Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Steel & Tube Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Steel & Tube Holdings's Days Payable falls into.


NZSE:STU
40GF Score
Steel & Tube Holdings Ltd NZSE:STU
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel & Tube Holdings 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.

Steel & Tube Holdings's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (31.596 + 42.371) / 2 ) / 283.382*365
=36.9835 / 283.382*365
=47.64

Steel & Tube Holdings'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: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (42.371 + 48.807) / 2 ) / 151.189*365 / 2
=45.589 / 151.189*365 / 2
=55.03

* 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 55.03 mean?
Steel & Tube Holdings (NZSE:STU) has a Days Payable of 55.03 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 Steel & Tube Holdings and its competitors. This is 53% above median its historical median of 35.95. Over the past decade, Steel & Tube Holdings' Days Payable has ranged from 27.32 to 57.18. According to the industry distribution chart, Steel & Tube Holdings ranks #216 out of 598 companies in the Steel industry, placing it in the top 36.1%.
Is Steel & Tube Holdings' Days Payable too high?
Steel & Tube Holdings' current Days Payable of 55.03 is 53% above median its 10-year median of 35.95. Over the past 10 years, this metric has ranged from a low of 27.32 to a high of 57.18. The Steel industry median Days Payable is 41.39. Steel & Tube Holdings' value of 55.03 is 33% above this industry median. Based on the distribution chart, Steel & Tube Holdings ranks #216 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, Steel & Tube Holdings has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Steel & Tube Holdings' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Steel & Tube Holdings ranks #216 out of 598 companies for Days Payable. This puts Steel & Tube Holdings in the upper half of its industry. The industry median Days Payable is 41.39. Steel & Tube Holdings' value of 55.03 is 33% above this benchmark. Historically, Steel & Tube Holdings' own Days Payable has ranged from 27.32 to 57.18 over the past decade. While the company's 10-year median is 35.95 vs. the industry median of 41.39, Steel & Tube Holdings has consistently been above 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 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. Steel & Tube Holdings's current Days Payable of 55.03 is 33% above 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 Steel & Tube Holdings 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. Steel & Tube Holdings's current Days Payable is 55.03, which is 53% above median its own 10-year median of 35.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel & Tube Holdings stock overvalued right now?
Based on GuruFocus' analysis, Steel & Tube Holdings (NZSE:STU) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.73, compared to a current price of NZ$0.34 — trading 53.4% below its estimated fair value. The current Days Payable is 55.03, which is 53% above median its 10-year median of 35.95 and 33% above the Steel industry median of 41.39. Steel & Tube Holdings' overall GF Score™ is 40/100 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 Steel & Tube Holdings (NZSE:STU), the current Days Payable is 55.03 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 Steel & Tube Holdings (NZSE:STU) Overvalued in 2026?

Based on GuruFocus' analysis, Steel & Tube Holdings stock appears to be undervalued. The current stock price of NZ$0.34 is trading 53.4% below its estimated GF Value™ of NZ$0.73. GuruFocus considers Steel & Tube Holdings to be Possible Value Trap.

Key valuation signals for NZSE:STU:

  • Days Payable: 55.03 (53% above median its 10-year median of 35.95)
  • GF Value™: NZ$0.73 vs. price of NZ$0.34 (53.4% below fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 33% above the Steel median (#216 of 598)

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


Steel & Tube Holdings Business Description

Address 7 Bruce Roderick Drive, East Tamaki, Auckland, NTL, NZL, 2013
Steel & Tube Holdings Ltd is a New Zealand-based company. The company is a provider of steel solutions. It is a distributor and manufacturer of steel products including steel, stainless steel, architectural stainless, pipe, fittings and valves, pipe and cable supports, fastenings, roofing and cladding, and many more. The company's operating segments include Distribution and Infrastructure. It generates maximum revenue from the Distribution segment.
40GF Score

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

NZ$0.34
Price
NZ$0.73
GF Value