Riyadh Steel Co (SAU:9588) Days Payable: 2.82 (As of Dec. 2025) — 60% Below 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.

SAU:9588 Riyadh Steel Co SAU:9588
22 GF Score
Price ﷼1.32
! 3 Warning Signs
View Full Analysis

What is Riyadh Steel Co Days Payable?

Riyadh Steel Co SAU:9588 22 Days Payable is 2.82 as of Dec. 2025, which is 60% below its 10-year median of 7.08. GuruFocus rates SAU:9588 with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 598 Steel companies, Riyadh Steel Co ranks worse than 96.66% on this metric.

Riyadh Steel Co's average Accounts Payable for the six months ended in Dec. 2025 was ﷼0.9 Mil. Riyadh Steel Co's Cost of Goods Sold for the six months ended in Dec. 2025 was ﷼59.8 Mil. Hence, Riyadh Steel Co's Days Payable for the six months ended in Dec. 2025 was 2.82.

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

SAU:9588' s Days Payable Range Over the Past 10 Years
Min: 4.2   Med: 7.08   Max: 8.36
Current: 4.2

During the past 5 years, Riyadh Steel Co's highest Days Payable was 8.36. The lowest was 4.20. And the median was 7.08.

SAU:9588's Days Payable is ranked worse than
96.66% of 598 companies
in the Steel industry
Industry Median: 41.37 vs SAU:9588: 4.20

Riyadh Steel Co's Days Payable declined from Dec. 2024 (6.01) to Dec. 2025 (2.82). It may suggest that Riyadh Steel Co accelerated paying its suppliers.


Riyadh Steel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Riyadh 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.

Riyadh Steel Co Days Payable Chart

Riyadh Steel Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 8.15 8.36 6.01 4.66

Riyadh Steel Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.65 6.02 6.01 4.90 2.82

SAU:9588 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Riyadh 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.


Riyadh Steel Co Days Payable vs Steel Industry

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

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


SAU:9588
22GF Score
Riyadh Steel Co SAU:9588
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riyadh Steel 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.

Riyadh Steel 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
=( (2.803 + 0.63) / 2 ) / 134.55*365
=1.7165 / 134.55*365
=4.66

Riyadh Steel Co'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
=( (1.215 + 0.63) / 2 ) / 59.796*365 / 2
=0.9225 / 59.796*365 / 2
=2.82

* 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 2.82 mean?
Riyadh Steel Co (SAU:9588) has a Days Payable of 2.82 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 Riyadh Steel Co and its competitors. This is 60% below median its historical median of 7.08. Over the past decade, Riyadh Steel Co's Days Payable has ranged from 4.20 to 8.36. According to the industry distribution chart, Riyadh Steel Co ranks #578 out of 598 companies in the Steel industry, placing it in the top 96.7%.
Is Riyadh Steel Co's Days Payable too high?
Riyadh Steel Co's current Days Payable of 2.82 is 60% below median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 4.20 to a high of 8.36. The Steel industry median Days Payable is 41.37. Riyadh Steel Co's value of 2.82 is 93.2% below this industry median. Based on the distribution chart, Riyadh Steel Co ranks #578 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Riyadh Steel Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Riyadh Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Riyadh Steel Co ranks #578 out of 598 companies for Days Payable. This places Riyadh Steel Co in the lower half of its industry. The industry median Days Payable is 41.37. Riyadh Steel Co's value of 2.82 is 93.2% below this benchmark. Historically, Riyadh Steel Co's own Days Payable has ranged from 4.20 to 8.36 over the past decade. While the company's 10-year median is 7.08 vs. the industry median of 41.37, Riyadh 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. Riyadh Steel Co's current Days Payable of 2.82 is 93.2% 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 Riyadh 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. Riyadh Steel Co's current Days Payable is 2.82, which is 60% below median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riyadh Steel Co stock overvalued right now?
Riyadh Steel Co (SAU:9588) has a current Days Payable of 2.82. The current Days Payable is 2.82, which is 60% below median its 10-year median of 7.08 and 93.2% below the Steel industry median of 41.37. Riyadh Steel Co's overall GF Score™ is 22/100 with 3 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 Riyadh Steel Co (SAU:9588), the current Days Payable is 2.82 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.

Riyadh Steel Co Business Description

Address Imam Abdullah bin Saud bin Abdulaziz Road, Al-Shuhada District, Unit 35, Building No. 4578, Riyadh, SAU, 13241
Riyadh Steel Co Group is a steel manufacturer principally engaged in the production of sheets, plates, strip coils, rods, skewers, corners, wires, and sections. The Company provides steel scrap, billets, and ASTM A36 standard flat and angle bars, and generates revenue from the sale of angled and flat bars and other finished goods, billets, and scrap iron and raw materials. It mainly operates in the Kingdom of Saudi Arabia, which generates the majority of its revenue, and also has a presence in other GCC countries.
22GF Score

Get the complete analysis for SAU:9588

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

﷼1.32
Price