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Watani Iron Steel CoSAU:9513 -4.33%62 Days Payable is 34.53 as of Mar. 2026, which is 40% above its 10-year median of 24.62. GuruFocus rates SAU:9513 with a GF Score™ of 62/100 and a GF Value™ of ﷼1.93 (Fairly Valued). The stock has 8 warning signs investors should review. Among 598 Steel companies, Watani Iron Steel Co ranks worse than 64.38% on this metric.
The historical rank and industry rank for Watani Iron Steel Co's Days Payable or its related term are showing as below:
SAU:9513'
s Days Payable Range Over the Past 10 Years
Min: 18.01 Med: 24.62 Max: 37.09
Current: 29.54
During the past 6 years, Watani Iron Steel Co's highest Days Payable was 37.09. The lowest was 18.01. And the median was 24.62.
SAU:9513's Days Payable is ranked worse than 64.38% of 598
companies
in the Steel industry
Industry Median: 41.37
vs SAU:9513: 29.54
Watani Iron Steel Co's Days Payable
increased
from Mar. 2025 (22.31) to Mar. 2026 (34.53).
It may suggest that Watani Iron Steel Codelayed paying its suppliers.
Watani Iron Steel Co Days Payable Related Terms
Watani Iron Steel Co Days Payable Historical Data
* Premium members only.
The historical data trend for Watani Iron Steel 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.
SAU:9513 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Watani Iron Steel 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.
Watani Iron Steel Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Watani Iron Steel Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Watani Iron Steel Co'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.
Watani Iron Steel Co'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.
Watani Iron Steel Co (SAU:9513) has a Days Payable of 34.53 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 Watani Iron Steel Co and its competitors. This is 40% above median its historical median of 24.62. Over the past decade, Watani Iron Steel Co's Days Payable has ranged from 18.01 to 37.09. According to the industry distribution chart, Watani Iron Steel Co ranks #385 out of 598 companies in the Steel industry, placing it in the top 64.4%.
Is Watani Iron Steel Co's Days Payable too high?
Watani Iron Steel Co's current Days Payable of 34.53 is 40% above median its 10-year median of 24.62. Over the past 10 years, this metric has ranged from a low of 18.01 to a high of 37.09. The Steel industry median Days Payable is 41.37. Watani Iron Steel Co's value of 34.53 is 16.5% below this industry median. Based on the distribution chart, Watani Iron Steel Co ranks #385 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Watani Iron Steel Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Watani Iron Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Watani Iron Steel Co ranks #385 out of 598 companies for Days Payable. This places Watani Iron Steel Co in the lower half of its industry. The industry median Days Payable is 41.37. Watani Iron Steel Co's value of 34.53 is 16.5% below this benchmark. Historically, Watani Iron Steel Co's own Days Payable has ranged from 18.01 to 37.09 over the past decade. While the company's 10-year median is 24.62 vs. the industry median of 41.37, Watani Iron Steel 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. Watani Iron Steel Co's current Days Payable of 34.53 is 16.5% 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 Watani Iron Steel 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. Watani Iron Steel Co's current Days Payable is 34.53, which is 40% above median its own 10-year median of 24.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watani Iron Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Watani Iron Steel Co (SAU:9513) is currently considered Fairly Valued. The stock's GF Value™ is ﷼1.93, compared to a current price of ﷼1.99 — trading 3.1% above its estimated fair value. The current Days Payable is 34.53, which is 40% above median its 10-year median of 24.62 and 16.5% below the Steel industry median of 41.37. Watani Iron Steel Co's overall GF Score™ is 62/100 with 8 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 Watani Iron Steel Co (SAU:9513), the current Days Payable is 34.53 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 Watani Iron Steel Co (SAU:9513) Overvalued in 2026?
Based on GuruFocus' analysis, Watani Iron Steel Co stock appears to be overvalued.
The current stock price of ﷼1.99 is trading 3.1% above its estimated GF Value™ of ﷼1.93.
GuruFocus considers Watani Iron Steel Co to be Fairly Valued.
Key valuation signals for SAU:9513:
Days Payable: 34.53 (40% above median its 10-year median of 24.62)
GF Value™: ﷼1.93 vs. price of ﷼1.99 (3.1% above fair value)
Industry Position: 16.5% below the Steel median (#385 of 598)
No single metric tells the full story. See the SAU:9513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watani Iron Steel Co is engaged in the manufacture of primary iron products in the form of blocks of substrates and waste after being melted, as well as the manufacture of sheet plates, strip coils, bar bars, wire corners, and clips of all shapes.
62GF Score
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