SMID (Smith-Midland) Days Payable: 36.32 (As of Mar. 2026) — Near Median


SMID Smith-Midland Corp SMID
90 GF Score
Price $30.07
GF Value $42.54
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Smith-Midland Days Payable?

Smith-Midland SMID -1.29% 90 Days Payable is 36.32 as of Mar. 2026, which is 9% above its 10-year median of 33.24. GuruFocus rates SMID with a GF Score™ of 90/100 and a GF Value™ of $42.54 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 396 Building Materials companies, Smith-Midland ranks worse than 82.07% on this metric.

Smith-Midland's average Accounts Payable for the three months ended in Mar. 2026 was $6.87 Mil. Smith-Midland's Cost of Goods Sold for the three months ended in Mar. 2026 was $17.27 Mil. Hence, Smith-Midland's Days Payable for the three months ended in Mar. 2026 was 36.32.

The historical rank and industry rank for Smith-Midland's Days Payable or its related term are showing as below:

SMID' s Days Payable Range Over the Past 10 Years
Min: 19.84   Med: 33.24   Max: 49.06
Current: 32.93

During the past 13 years, Smith-Midland's highest Days Payable was 49.06. The lowest was 19.84. And the median was 33.24.

SMID's Days Payable is ranked worse than
82.07% of 396 companies
in the Building Materials industry
Industry Median: 69.22 vs SMID: 32.93

Smith-Midland's Days Payable increased from Mar. 2025 (30.62) to Mar. 2026 (36.32). It may suggest that Smith-Midland delayed paying its suppliers.


Smith-Midland Days Payable Historical Data

* Premium members only.

The historical data trend for Smith-Midland'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.

Smith-Midland Days Payable Chart

Smith-Midland 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 19.84 35.40 49.06 37.68 27.68

Smith-Midland 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 30.62 28.82 33.58 29.10 36.32

SMID vs PHCI, RETO, BASA: Days Payable Comparison

For the Building Materials subindustry, Smith-Midland'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.


Smith-Midland Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Smith-Midland's Days Payable distribution charts can be found below:

* The bar in red indicates where Smith-Midland's Days Payable falls into.


SMID
90GF Score
Smith-Midland Corp SMID
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Smith-Midland 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.

Smith-Midland'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
=( (4.741 + 5.482) / 2 ) / 67.408*365
=5.1115 / 67.408*365
=27.68

Smith-Midland'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
=( (5.482 + 8.266) / 2 ) / 17.269*365 / 4
=6.874 / 17.269*365 / 4
=36.32

* 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 36.32 mean?
Smith-Midland (SMID) has a Days Payable of 36.32 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 Smith-Midland and its competitors. This is near median its historical median of 33.24. Over the past decade, Smith-Midland's Days Payable has ranged from 19.84 to 49.06. According to the industry distribution chart, Smith-Midland ranks #325 out of 396 companies in the Building Materials industry, placing it in the top 82.1%.
Is Smith-Midland's Days Payable too high?
Smith-Midland's current Days Payable of 36.32 is near median its 10-year median of 33.24. Over the past 10 years, this metric has ranged from a low of 19.84 to a high of 49.06. The Building Materials industry median Days Payable is 69.22. Smith-Midland's value of 36.32 is 47.5% below this industry median. Based on the distribution chart, Smith-Midland ranks #325 out of 396 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Smith-Midland has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smith-Midland's Days Payable compare to PHCI and RETO?
According to the Building Materials industry distribution chart, Smith-Midland ranks #325 out of 396 companies for Days Payable. This places Smith-Midland in the lower half of its industry. The industry median Days Payable is 69.22. Smith-Midland's value of 36.32 is 47.5% below this benchmark. Historically, Smith-Midland's own Days Payable has ranged from 19.84 to 49.06 over the past decade. While the company's 10-year median is 33.24 vs. the industry median of 69.22, Smith-Midland 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.22, based on 396 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. Smith-Midland's current Days Payable of 36.32 is 47.5% 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 Smith-Midland and its competitors. For the Building Materials industry, the median Days Payable is 69.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smith-Midland's current Days Payable is 36.32, which is near median its own 10-year median of 33.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith-Midland stock overvalued right now?
Based on GuruFocus' analysis, Smith-Midland (SMID) is currently considered Modestly Undervalued. The stock's GF Value™ is $42.54, compared to a current price of $30.07 — trading 29.3% below its estimated fair value. The current Days Payable is 36.32, which is near median its 10-year median of 33.24 and 47.5% below the Building Materials industry median of 69.22. Smith-Midland's overall GF Score™ is 90/100 with 1 warning sign 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 Smith-Midland (SMID), the current Days Payable is 36.32 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 Smith-Midland (SMID) Overvalued in 2026?

Based on GuruFocus' analysis, Smith-Midland stock appears to be undervalued. The current stock price of $30.07 is trading 29.3% below its estimated GF Value™ of $42.54. GuruFocus considers Smith-Midland to be Modestly Undervalued.

Key valuation signals for SMID:

  • Days Payable: 36.32 (near median its 10-year median of 33.24)
  • GF Value™: $42.54 vs. price of $30.07 (29.3% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 47.5% below the Building Materials median (#325 of 396)

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


Smith-Midland Business Description

Address 5119 Catlett Road, P.O. Box 300, Midland, VA, USA, 22728
Smith-Midland Corp through its subsidiaries invents, develops, manufactures, markets, sells, and installs precast concrete products for primary use in the construction, highway, utilities, and farming industries. The firm's customers are general contractors and federal, state, and local transportation authorities. Its products include Slenderwall, JJhooks, Softsound, Sierra Wall and Easi set. A substantial portion of the company's business is derived from local, state, and federal building projects. The company generates revenues predominantly from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility, and farming industries.
90GF Score

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

$30.07
Price
$42.54
GF Value