Saudi Steel Pipe Co (SAU:1320) Days Payable: 33.55 (As of Mar. 2026) — 57% Below Median

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SAU:1320 Saudi Steel Pipe Co SAU:1320
87 GF Score
Price ﷼46.72
GF Value ﷼51.56
Valuation Fairly Valued
! 4 Warning Signs
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What is Saudi Steel Pipe Co Days Payable?

Saudi Steel Pipe Co SAU:1320 -2.14% 87 Days Payable is 33.55 as of Mar. 2026, which is 57% below its 10-year median of 77.83. GuruFocus rates SAU:1320 with a GF Score™ of 87/100 and a GF Value™ of ﷼51.56 (Fairly Valued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Saudi Steel Pipe Co ranks worse than 60.37% on this metric.

Saudi Steel Pipe Co's average Accounts Payable for the three months ended in Mar. 2026 was ﷼102 Mil. Saudi Steel Pipe Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ﷼277 Mil. Hence, Saudi Steel Pipe Co's Days Payable for the three months ended in Mar. 2026 was 33.55.

The historical rank and industry rank for Saudi Steel Pipe Co's Days Payable or its related term are showing as below:

SAU:1320' s Days Payable Range Over the Past 10 Years
Min: 32.16   Med: 77.83   Max: 138.44
Current: 32.16

During the past 13 years, Saudi Steel Pipe Co's highest Days Payable was 138.44. The lowest was 32.16. And the median was 77.83.

SAU:1320's Days Payable is ranked worse than
60.37% of 598 companies
in the Steel industry
Industry Median: 41.37 vs SAU:1320: 32.16

Saudi Steel Pipe Co's Days Payable increased from Mar. 2025 (30.20) to Mar. 2026 (33.55). It may suggest that Saudi Steel Pipe Co delayed paying its suppliers.


Saudi Steel Pipe Co Days Payable Historical Data

* Premium members only.

The historical data trend for Saudi Steel Pipe Co'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.

Saudi Steel Pipe Co Days Payable Chart

Saudi Steel Pipe Co 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 138.44 79.89 72.31 63.15 45.17

Saudi Steel Pipe Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 30.20 28.29 41.21 29.74 33.55

SAU:1320 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Saudi Steel Pipe Co'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.


Saudi Steel Pipe Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Saudi Steel Pipe Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Saudi Steel Pipe Co's Days Payable falls into.


SAU:1320
87GF Score
Saudi Steel Pipe Co SAU:1320
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Steel Pipe Co 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.

Saudi Steel Pipe Co'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
=( (157.545 + 106.29) / 2 ) / 1066.037*365
=131.9175 / 1066.037*365
=45.17

Saudi Steel Pipe Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (106.29 + 97.062) / 2 ) / 276.556*365 / 4
=101.676 / 276.556*365 / 4
=33.55

* 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 33.55 mean?
Saudi Steel Pipe Co (SAU:1320) has a Days Payable of 33.55 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 Saudi Steel Pipe Co and its competitors. This is 57% below median its historical median of 77.83. Over the past decade, Saudi Steel Pipe Co's Days Payable has ranged from 32.16 to 138.44. According to the industry distribution chart, Saudi Steel Pipe Co ranks #361 out of 598 companies in the Steel industry, placing it in the top 60.4%.
Is Saudi Steel Pipe Co's Days Payable too high?
Saudi Steel Pipe Co's current Days Payable of 33.55 is 57% below median its 10-year median of 77.83. Over the past 10 years, this metric has ranged from a low of 32.16 to a high of 138.44. The Steel industry median Days Payable is 41.37. Saudi Steel Pipe Co's value of 33.55 is 18.9% below this industry median. Based on the distribution chart, Saudi Steel Pipe Co ranks #361 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Saudi Steel Pipe Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Steel Pipe Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Saudi Steel Pipe Co ranks #361 out of 598 companies for Days Payable. This places Saudi Steel Pipe Co in the lower half of its industry. The industry median Days Payable is 41.37. Saudi Steel Pipe Co's value of 33.55 is 18.9% below this benchmark. Historically, Saudi Steel Pipe Co's own Days Payable has ranged from 32.16 to 138.44 over the past decade. While the company's 10-year median is 77.83 vs. the industry median of 41.37, Saudi Steel Pipe Co 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. Saudi Steel Pipe Co's current Days Payable of 33.55 is 18.9% 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 Saudi Steel Pipe Co 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. Saudi Steel Pipe Co's current Days Payable is 33.55, which is 57% below median its own 10-year median of 77.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Steel Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Steel Pipe Co (SAU:1320) is currently considered Fairly Valued. The stock's GF Value™ is ﷼51.56, compared to a current price of ﷼46.72 — trading 9.4% below its estimated fair value. The current Days Payable is 33.55, which is 57% below median its 10-year median of 77.83 and 18.9% below the Steel industry median of 41.37. Saudi Steel Pipe Co's overall GF Score™ is 87/100 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 Saudi Steel Pipe Co (SAU:1320), the current Days Payable is 33.55 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 Saudi Steel Pipe Co (SAU:1320) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Steel Pipe Co stock appears to be undervalued. The current stock price of ﷼46.72 is trading 9.4% below its estimated GF Value™ of ﷼51.56. GuruFocus considers Saudi Steel Pipe Co to be Fairly Valued.

Key valuation signals for SAU:1320:

  • Days Payable: 33.55 (57% below median its 10-year median of 77.83)
  • GF Value™: ﷼51.56 vs. price of ﷼46.72 (9.4% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 18.9% below the Steel median (#361 of 598)

No single metric tells the full story. See the SAU:1320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Steel Pipe Co Business Description

Address P.O.Box 11680, Dammam, SAU, 31463
Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. The group operates in single segment, being the Steel pipes segment which provides galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water, and construction sectors. The company has a market presence in two segments namely Saudi Arabia and Other countries with the majority of the revenue generated from Saudi Arabia.
87GF Score

Get the complete analysis for SAU:1320

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

﷼46.72
Price
﷼51.56
GF Value