Clearwater Paper (STU:5WC) Days Payable: 32.21 (As of Mar. 2026) — 12% Below Median


STU:5WC Clearwater Paper Corp STU:5WC
43 GF Score
Price €13.80
GF Value €32.78
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Clearwater Paper Days Payable?

Clearwater Paper STU:5WC -1.43% 43 Days Payable is 32.21 as of Mar. 2026, which is 12% below its 10-year median of 36.57. GuruFocus rates STU:5WC with a GF Score™ of 43/100 and a GF Value™ of €32.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 276 Forest Products companies, Clearwater Paper ranks worse than 71.74% on this metric.

Clearwater Paper's average Accounts Payable for the three months ended in Mar. 2026 was €110 Mil. Clearwater Paper's Cost of Goods Sold for the three months ended in Mar. 2026 was €312 Mil. Hence, Clearwater Paper's Days Payable for the three months ended in Mar. 2026 was 32.21.

The historical rank and industry rank for Clearwater Paper's Days Payable or its related term are showing as below:

STU:5WC' s Days Payable Range Over the Past 10 Years
Min: 31.3   Med: 36.57   Max: 68.58
Current: 35.87

During the past 13 years, Clearwater Paper's highest Days Payable was 68.58. The lowest was 31.30. And the median was 36.57.

STU:5WC's Days Payable is ranked worse than
71.74% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs STU:5WC: 35.87

Clearwater Paper's Days Payable declined from Mar. 2025 (42.98) to Mar. 2026 (32.21). It may suggest that Clearwater Paper accelerated paying its suppliers.


Clearwater Paper Days Payable Historical Data

* Premium members only.

The historical data trend for Clearwater Paper'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.

Clearwater Paper Days Payable Chart

Clearwater Paper 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 33.22 66.77 60.17 34.92 39.92

Clearwater Paper 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 42.98 42.49 37.38 34.14 32.21

STU:5WC vs MERC, ITP, SLVM: Days Payable Comparison

For the Paper & Paper Products subindustry, Clearwater Paper'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.


Clearwater Paper Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Clearwater Paper's Days Payable distribution charts can be found below:

* The bar in red indicates where Clearwater Paper's Days Payable falls into.


STU:5WC
43GF Score
Clearwater Paper Corp STU:5WC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Clearwater Paper 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.

Clearwater Paper'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
=( (157.193 + 111.789) / 2 ) / 1229.59*365
=134.491 / 1229.59*365
=39.92

Clearwater Paper'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
=( (111.789 + 108.817) / 2 ) / 312.437*365 / 4
=110.303 / 312.437*365 / 4
=32.21

* 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 32.21 mean?
Clearwater Paper (STU:5WC) has a Days Payable of 32.21 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 Clearwater Paper and its competitors. This is 12% below median its historical median of 36.57. Over the past decade, Clearwater Paper's Days Payable has ranged from 31.30 to 68.58. According to the industry distribution chart, Clearwater Paper ranks #198 out of 276 companies in the Forest Products industry, placing it in the top 71.7%.
Is Clearwater Paper's Days Payable too high?
Clearwater Paper's current Days Payable of 32.21 is 12% below median its 10-year median of 36.57. Over the past 10 years, this metric has ranged from a low of 31.30 to a high of 68.58. The Forest Products industry median Days Payable is 57.93. Clearwater Paper's value of 32.21 is 44.4% below this industry median. Based on the distribution chart, Clearwater Paper ranks #198 out of 276 companies in the Forest Products industry, which is below the industry midpoint. Overall, Clearwater Paper has a GF Score™ of 43/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clearwater Paper's Days Payable compare to MERC and ITP?
According to the Forest Products industry distribution chart, Clearwater Paper ranks #198 out of 276 companies for Days Payable. This places Clearwater Paper in the lower half of its industry. The industry median Days Payable is 57.93. Clearwater Paper's value of 32.21 is 44.4% below this benchmark. Historically, Clearwater Paper's own Days Payable has ranged from 31.30 to 68.58 over the past decade. While the company's 10-year median is 36.57 vs. the industry median of 57.93, Clearwater Paper 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Clearwater Paper's current Days Payable of 32.21 is 44.4% 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 Clearwater Paper and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearwater Paper's current Days Payable is 32.21, which is 12% below median its own 10-year median of 36.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearwater Paper stock overvalued right now?
Based on GuruFocus' analysis, Clearwater Paper (STU:5WC) is currently considered Significantly Undervalued. The stock's GF Value™ is €32.78, compared to a current price of €13.80 — trading 57.9% below its estimated fair value. The current Days Payable is 32.21, which is 12% below median its 10-year median of 36.57 and 44.4% below the Forest Products industry median of 57.93. Clearwater Paper's overall GF Score™ is 43/100 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 Clearwater Paper (STU:5WC), the current Days Payable is 32.21 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 Clearwater Paper (STU:5WC) Overvalued in 2026?

Based on GuruFocus' analysis, Clearwater Paper stock appears to be undervalued. The current stock price of €13.80 is trading 57.9% below its estimated GF Value™ of €32.78. GuruFocus considers Clearwater Paper to be Significantly Undervalued.

Key valuation signals for STU:5WC:

  • Days Payable: 32.21 (12% below median its 10-year median of 36.57)
  • GF Value™: €32.78 vs. price of €13.80 (57.9% below fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 44.4% below the Forest Products median (#198 of 276)

No single metric tells the full story. See the STU:5WC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clearwater Paper Business Description

Other Exchanges CLW:USA
Address 601 West Riverside, Suite 1100, Spokane, WA, USA, 99201
Clearwater Paper Corp is engaged in the manufacturing and supplier of Solid Bleached Sulfate (SBS) paperboard packaging products. The company products includes: SBS paperboard which is a premium paperboard grade that is frequently used to produce folding cartons, food service, commercial printing items. It generates maximum revenue from Pulp and Paperboard segment. Company operate in United States and have globalized access too. Geographically, it derives maximum revenue from the United States.
43GF Score

Get the complete analysis for STU:5WC

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

€13.80
Price
€32.78
GF Value