SimsSMSMY -1.49%65 Days Payable is 33.24 as of Dec. 2025, which is 16% above its 10-year median of 28.67. GuruFocus rates SMSMY with a GF Score™ of 65/100 and a GF Value™ of $10.16 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 599 Steel companies, Sims ranks worse than 54.59% on this metric.
Sims's average Accounts Payable for the
six
months ended in Dec. 2025 was $313 Mil. Sims's Cost of Goods Sold for the
six
months ended in Dec. 2025 was $1,720 Mil.
Hence, Sims's Days Payable for the
six
months ended in Dec. 2025 was 33.24.
The historical rank and industry rank for Sims's Days Payable or its related term are showing as below:
SMSMY'
s Days Payable Range Over the Past 10 Years
Min: 22.97 Med: 28.67 Max: 36.94
Current: 36.94
During the past 13 years, Sims's highest Days Payable was 36.94. The lowest was 22.97. And the median was 28.67.
SMSMY's Days Payable is ranked worse than 54.59% of 599
companies
in the Steel industry
Industry Median: 41.39
vs SMSMY: 36.94
Sims's Days Payable
declined
from Dec. 2024 (37.33) to Dec. 2025 (33.24).
It may suggest that Simsaccelerated paying its suppliers.
Sims Days Payable Related Terms
Sims Days Payable Historical Data
* Premium members only.
The historical data trend for Sims'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.
For the Steel subindustry, Sims'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.
Sims Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Sims's Days Payable distribution charts can be found below:
* The bar in red indicates where Sims'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.
Sims's Days Payable for the fiscal year that ended in Jun. 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.
Sims (SMSMY) has a Days Payable of 33.24 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 Sims and its competitors. This is 16% above median its historical median of 28.67. Over the past decade, Sims' Days Payable has ranged from 22.97 to 36.94. According to the industry distribution chart, Sims ranks #327 out of 599 companies in the Steel industry, placing it in the top 54.6%.
Is Sims' Days Payable too high?
Sims' current Days Payable of 33.24 is 16% above median its 10-year median of 28.67. Over the past 10 years, this metric has ranged from a low of 22.97 to a high of 36.94. The Steel industry median Days Payable is 41.39. Sims' value of 33.24 is 19.7% below this industry median. Based on the distribution chart, Sims ranks #327 out of 599 companies in the Steel industry, which is below the industry midpoint. Overall, Sims has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sims' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Sims ranks #327 out of 599 companies for Days Payable. This places Sims in the lower half of its industry. The industry median Days Payable is 41.39. Sims' value of 33.24 is 19.7% below this benchmark. Historically, Sims' own Days Payable has ranged from 22.97 to 36.94 over the past decade. While the company's 10-year median is 28.67 vs. the industry median of 41.39, Sims 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 41.39, based on 599 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. Sims's current Days Payable of 33.24 is 19.7% 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 Sims and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sims's current Days Payable is 33.24, which is 16% above median its own 10-year median of 28.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sims stock overvalued right now?
Based on GuruFocus' analysis, Sims (SMSMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.16, compared to a current price of $19.23 — trading 89.3% above its estimated fair value. The current Days Payable is 33.24, which is 16% above median its 10-year median of 28.67 and 19.7% below the Steel industry median of 41.39. Sims' overall GF Score™ is 65/100 with 9 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 Sims (SMSMY), the current Days Payable is 33.24 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.
Is Sims (SMSMY) Overvalued in 2026?
Based on GuruFocus' analysis, Sims stock appears to be overvalued.
The current stock price of $19.23 is trading 89.3% above its estimated GF Value™ of $10.16.
GuruFocus considers Sims to be Significantly Overvalued.
Key valuation signals for SMSMY:
Days Payable: 33.24 (16% above median its 10-year median of 28.67)
GF Value™: $10.16 vs. price of $19.23 (89.3% above fair value)
Industry Position: 19.7% below the Steel median (#327 of 599)
No single metric tells the full story. See the SMSMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sims is the world's largest publicly traded metal and electronics recycler, with about three-fourths of earnings generated in North America and the remainder from Australia and New Zealand. Its main business is the buying, processing, and selling of scrap metal.Sims North American segment comprises the largest ferrous scrap recycler in North America, trading as Sims Metal Management, and 50% owned SA Recycling. Almost all sales are of ferrous metals with less than 10% of sales volumes from more valuable nonferrous metals retrieved in the scrap recycling process.
65GF Score
Get the complete analysis for SMSMY
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