SSAAF (SSAB AB (publ)) Days Payable: 67.70 (As of Mar. 2026) — Near Median


SSAAF SSAB AB (publ) SSAAF
73 GF Score
Price $9.33
GF Value $6.11
Valuation Significantly Overvalued
! 8 Warning Signs
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What is SSAB AB (publ) Days Payable?

SSAB AB (publ) SSAAF -6.61% 73 Days Payable is 67.70 as of Mar. 2026, which is 1% above its 10-year median of 67.34. GuruFocus rates SSAAF with a GF Score™ of 73/100 and a GF Value™ of $6.11 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 602 Steel companies, SSAB AB (publ) ranks better than 72.09% on this metric.

SSAB AB (publ)'s average Accounts Payable for the three months ended in Mar. 2026 was $1,716 Mil. SSAB AB (publ)'s Cost of Goods Sold for the three months ended in Mar. 2026 was $2,313 Mil. Hence, SSAB AB (publ)'s Days Payable for the three months ended in Mar. 2026 was 67.70.

The historical rank and industry rank for SSAB AB (publ)'s Days Payable or its related term are showing as below:

SSAAF' s Days Payable Range Over the Past 10 Years
Min: 51.38   Med: 67.34   Max: 77.59
Current: 70.45

During the past 13 years, SSAB AB (publ)'s highest Days Payable was 77.59. The lowest was 51.38. And the median was 67.34.

SSAAF's Days Payable is ranked better than
72.09% of 602 companies
in the Steel industry
Industry Median: 41.4 vs SSAAF: 70.45

SSAB AB (publ)'s Days Payable increased from Mar. 2025 (66.51) to Mar. 2026 (67.70). It may suggest that SSAB AB (publ) delayed paying its suppliers.


SSAB AB (publ) Days Payable Historical Data

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The historical data trend for SSAB AB (publ)'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.

SSAB AB (publ) Days Payable Chart

SSAB AB (publ) 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 71.18 54.69 68.42 76.05 71.27

SSAB AB (publ) 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 66.51 62.77 75.10 77.63 67.70

SSAAF vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, SSAB AB (publ)'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.


SSAB AB (publ) Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Days Payable distribution charts can be found below:

* The bar in red indicates where SSAB AB (publ)'s Days Payable falls into.


SSAAF
73GF Score
SSAB AB (publ) SSAAF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SSAB AB (publ) 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.

SSAB AB (publ)'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
=( (1716.158 + 1806.639) / 2 ) / 9020.283*365
=1761.3985 / 9020.283*365
=71.27

SSAB AB (publ)'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
=( (1806.639 + 1626.025) / 2 ) / 2313.356*365 / 4
=1716.332 / 2313.356*365 / 4
=67.70

* 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 67.70 mean?
SSAB AB (publ) (SSAAF) has a Days Payable of 67.70 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 SSAB AB (publ) and its competitors. This is near median its historical median of 67.34. Over the past decade, SSAB AB (publ)'s Days Payable has ranged from 51.38 to 77.59. According to the industry distribution chart, SSAB AB (publ) ranks #168 out of 602 companies in the Steel industry, placing it in the top 27.9%.
Is SSAB AB (publ)'s Days Payable too high?
SSAB AB (publ)'s current Days Payable of 67.70 is near median its 10-year median of 67.34. Over the past 10 years, this metric has ranged from a low of 51.38 to a high of 77.59. The Steel industry median Days Payable is 41.40. SSAB AB (publ)'s value of 67.70 is 63.5% above this industry median. Based on the distribution chart, SSAB AB (publ) ranks #168 out of 602 companies in the Steel industry, which is above the industry midpoint. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #168 out of 602 companies for Days Payable. This puts SSAB AB (publ) in the upper half of its industry. The industry median Days Payable is 41.40. SSAB AB (publ)'s value of 67.70 is 63.5% above this benchmark. Historically, SSAB AB (publ)'s own Days Payable has ranged from 51.38 to 77.59 over the past decade. While the company's 10-year median is 67.34 vs. the industry median of 41.40, SSAB AB (publ) 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. SSAB AB (publ)'s current Days Payable of 67.70 is 63.5% 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 SSAB AB (publ) 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. SSAB AB (publ)'s current Days Payable is 67.70, which is near median its own 10-year median of 67.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.11, compared to a current price of $9.33 — trading 52.7% above its estimated fair value. The current Days Payable is 67.70, which is near median its 10-year median of 67.34 and 63.5% above the Steel industry median of 41.40. SSAB AB (publ)'s overall GF Score™ is 73/100 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 SSAB AB (publ) (SSAAF), the current Days Payable is 67.70 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 SSAB AB (publ) (SSAAF) Overvalued in 2026?

Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued. The current stock price of $9.33 is trading 52.7% above its estimated GF Value™ of $6.11. GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.

Key valuation signals for SSAAF:

  • Days Payable: 67.70 (near median its 10-year median of 67.34)
  • GF Value™: $6.11 vs. price of $9.33 (52.7% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 63.5% above the Steel median (#168 of 602)

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


SSAB AB (publ) Business Description

Address Klarabergsviadukten 70, Building A, 8th floor, Stockholm, SWE, 11164
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score

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

$9.33
Price
$6.11
GF Value