SID (Companhia Siderurgica Nacional) Days Payable: 108.74 (As of Mar. 2026) — Near Median


SID Companhia Siderurgica Nacional SID
66 GF Score
Price $0.94
GF Value $2.25
Valuation Possible Value Trap
! 7 Warning Signs
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What is Companhia Siderurgica Nacional Days Payable?

Companhia Siderurgica Nacional SID -1.91% 66 Days Payable is 108.74 as of Mar. 2026, which is 5% above its 10-year median of 103.08. GuruFocus rates SID with a GF Score™ of 66/100 and a GF Value™ of $2.25 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 602 Steel companies, Companhia Siderurgica Nacional ranks better than 85.22% on this metric.

Companhia Siderurgica Nacional's average Accounts Payable for the three months ended in Mar. 2026 was $1,841 Mil. Companhia Siderurgica Nacional's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,545 Mil. Hence, Companhia Siderurgica Nacional's Days Payable for the three months ended in Mar. 2026 was 108.74.

The historical rank and industry rank for Companhia Siderurgica Nacional's Days Payable or its related term are showing as below:

SID' s Days Payable Range Over the Past 10 Years
Min: 44.13   Med: 103.08   Max: 136.3
Current: 110.22

During the past 13 years, Companhia Siderurgica Nacional's highest Days Payable was 136.30. The lowest was 44.13. And the median was 103.08.

SID's Days Payable is ranked better than
85.22% of 602 companies
in the Steel industry
Industry Median: 41.4 vs SID: 110.22

Companhia Siderurgica Nacional's Days Payable increased from Mar. 2025 (103.95) to Mar. 2026 (108.74). It may suggest that Companhia Siderurgica Nacional delayed paying its suppliers.


Companhia Siderurgica Nacional Days Payable Historical Data

* Premium members only.

The historical data trend for Companhia Siderurgica Nacional'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.

Companhia Siderurgica Nacional Days Payable Chart

Companhia Siderurgica Nacional 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 119.16 131.67 127.81 141.54 108.86

Companhia Siderurgica Nacional 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 103.95 109.73 102.79 117.24 108.74

SID vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Companhia Siderurgica Nacional'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.


Companhia Siderurgica Nacional Days Payable vs Steel Industry

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

* The bar in red indicates where Companhia Siderurgica Nacional's Days Payable falls into.


SID
66GF Score
Companhia Siderurgica Nacional SID
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia Siderurgica Nacional 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.

Companhia Siderurgica Nacional'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
=( (1628.147 + 1914.577) / 2 ) / 5939.517*365
=1771.362 / 5939.517*365
=108.86

Companhia Siderurgica Nacional'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
=( (1914.577 + 1768.395) / 2 ) / 1545.256*365 / 4
=1841.486 / 1545.256*365 / 4
=108.74

* 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 108.74 mean?
Companhia Siderurgica Nacional (SID) has a Days Payable of 108.74 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 Companhia Siderurgica Nacional and its competitors. This is near median its historical median of 103.08. Over the past decade, Companhia Siderurgica Nacional's Days Payable has ranged from 44.13 to 136.30. According to the industry distribution chart, Companhia Siderurgica Nacional ranks #89 out of 602 companies in the Steel industry, placing it in the top 14.8%.
Is Companhia Siderurgica Nacional's Days Payable too high?
Companhia Siderurgica Nacional's current Days Payable of 108.74 is near median its 10-year median of 103.08. Over the past 10 years, this metric has ranged from a low of 44.13 to a high of 136.30. The Steel industry median Days Payable is 41.40. Companhia Siderurgica Nacional's value of 108.74 is 162.7% above this industry median. Based on the distribution chart, Companhia Siderurgica Nacional ranks #89 out of 602 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Companhia Siderurgica Nacional has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Companhia Siderurgica Nacional's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Companhia Siderurgica Nacional ranks #89 out of 602 companies for Days Payable. This places Companhia Siderurgica Nacional in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.40. Companhia Siderurgica Nacional's value of 108.74 is 162.7% above this benchmark. Historically, Companhia Siderurgica Nacional's own Days Payable has ranged from 44.13 to 136.30 over the past decade. While the company's 10-year median is 103.08 vs. the industry median of 41.40, Companhia Siderurgica Nacional 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 41.40, based on 602 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. Companhia Siderurgica Nacional's current Days Payable of 108.74 is 162.7% 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 Companhia Siderurgica Nacional and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia Siderurgica Nacional's current Days Payable is 108.74, which is near median its own 10-year median of 103.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Siderurgica Nacional stock overvalued right now?
Based on GuruFocus' analysis, Companhia Siderurgica Nacional (SID) is currently considered Possible Value Trap. The stock's GF Value™ is $2.25, compared to a current price of $0.94 — trading 58.3% below its estimated fair value. The current Days Payable is 108.74, which is near median its 10-year median of 103.08 and 162.7% above the Steel industry median of 41.40. Companhia Siderurgica Nacional's overall GF Score™ is 66/100 with 7 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 Companhia Siderurgica Nacional (SID), the current Days Payable is 108.74 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 Companhia Siderurgica Nacional (SID) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Siderurgica Nacional stock appears to be undervalued. The current stock price of $0.94 is trading 58.3% below its estimated GF Value™ of $2.25. GuruFocus considers Companhia Siderurgica Nacional to be Possible Value Trap.

Key valuation signals for SID:

  • Days Payable: 108.74 (near median its 10-year median of 103.08)
  • GF Value™: $2.25 vs. price of $0.94 (58.3% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 162.7% above the Steel median (#89 of 602)

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


Companhia Siderurgica Nacional Business Description

Address Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations port concessions and fleets of road transport vehicles. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.
66GF Score

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

$0.94
Price
$2.25
GF Value