Chongqing Iron & Steel Co (STU:CGP) Days Payable: 135.81 (As of Mar. 2026) — 161% Above Median


STU:CGP Chongqing Iron & Steel Co Ltd STU:CGP
30 GF Score
Price €0.09
GF Value €0.06
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Chongqing Iron & Steel Co Days Payable?

Chongqing Iron & Steel Co STU:CGP +1.15% 30 Days Payable is 135.81 as of Mar. 2026, which is 161% above its 10-year median of 52.08. GuruFocus rates STU:CGP with a GF Score™ of 30/100 and a GF Value™ of €0.06 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 599 Steel companies, Chongqing Iron & Steel Co ranks better than 87.15% on this metric.

Chongqing Iron & Steel Co's average Accounts Payable for the three months ended in Mar. 2026 was €922 Mil. Chongqing Iron & Steel Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €619 Mil. Hence, Chongqing Iron & Steel Co's Days Payable for the three months ended in Mar. 2026 was 135.81.

The historical rank and industry rank for Chongqing Iron & Steel Co's Days Payable or its related term are showing as below:

STU:CGP' s Days Payable Range Over the Past 10 Years
Min: 40.03   Med: 52.08   Max: 746.67
Current: 119.92

During the past 13 years, Chongqing Iron & Steel Co's highest Days Payable was 746.67. The lowest was 40.03. And the median was 52.08.

STU:CGP's Days Payable is ranked better than
87.15% of 599 companies
in the Steel industry
Industry Median: 41.39 vs STU:CGP: 119.92

Chongqing Iron & Steel Co's Days Payable increased from Mar. 2025 (100.64) to Mar. 2026 (135.81). It may suggest that Chongqing Iron & Steel Co delayed paying its suppliers.


Chongqing Iron & Steel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chongqing Iron & Steel Co'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.

Chongqing Iron & Steel Co Days Payable Chart

Chongqing Iron & Steel Co 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 47.62 48.41 44.49 80.39 113.61

Chongqing Iron & Steel Co 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 100.64 105.28 109.09 133.07 135.81

STU:CGP vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Chongqing Iron & Steel Co'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.


Chongqing Iron & Steel Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Chongqing Iron & Steel Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chongqing Iron & Steel Co's Days Payable falls into.


STU:CGP
30GF Score
Chongqing Iron & Steel Co Ltd STU:CGP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Iron & Steel Co 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.

Chongqing Iron & Steel Co'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
=( (904.267 + 892.535) / 2 ) / 2886.367*365
=898.401 / 2886.367*365
=113.61

Chongqing Iron & Steel Co'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
=( (892.535 + 950.496) / 2 ) / 619.141*365 / 4
=921.5155 / 619.141*365 / 4
=135.81

* 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 135.81 mean?
Chongqing Iron & Steel Co (STU:CGP) has a Days Payable of 135.81 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 Chongqing Iron & Steel Co and its competitors. This is 161% above median its historical median of 52.08. Over the past decade, Chongqing Iron & Steel Co's Days Payable has ranged from 40.03 to 746.67. According to the industry distribution chart, Chongqing Iron & Steel Co ranks #77 out of 599 companies in the Steel industry, placing it in the top 12.9%.
Is Chongqing Iron & Steel Co's Days Payable too high?
Chongqing Iron & Steel Co's current Days Payable of 135.81 is 161% above median its 10-year median of 52.08. Over the past 10 years, this metric has ranged from a low of 40.03 to a high of 746.67. The Steel industry median Days Payable is 41.39. Chongqing Iron & Steel Co's value of 135.81 is 228.1% above this industry median. Based on the distribution chart, Chongqing Iron & Steel Co ranks #77 out of 599 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Iron & Steel Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Iron & Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Chongqing Iron & Steel Co ranks #77 out of 599 companies for Days Payable. This places Chongqing Iron & Steel Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Chongqing Iron & Steel Co's value of 135.81 is 228.1% above this benchmark. Historically, Chongqing Iron & Steel Co's own Days Payable has ranged from 40.03 to 746.67 over the past decade. While the company's 10-year median is 52.08 vs. the industry median of 41.39, Chongqing Iron & Steel Co 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 41.39, 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. Chongqing Iron & Steel Co's current Days Payable of 135.81 is 228.1% 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 Chongqing Iron & Steel Co 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. Chongqing Iron & Steel Co's current Days Payable is 135.81, which is 161% above median its own 10-year median of 52.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Iron & Steel Co (STU:CGP) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.06, compared to a current price of €0.09 — trading 46.7% above its estimated fair value. The current Days Payable is 135.81, which is 161% above median its 10-year median of 52.08 and 228.1% above the Steel industry median of 41.39. Chongqing Iron & Steel Co's overall GF Score™ is 30/100 with 5 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 Chongqing Iron & Steel Co (STU:CGP), the current Days Payable is 135.81 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 Chongqing Iron & Steel Co (STU:CGP) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Iron & Steel Co stock appears to be overvalued. The current stock price of €0.09 is trading 46.7% above its estimated GF Value™ of €0.06. GuruFocus considers Chongqing Iron & Steel Co to be Significantly Overvalued.

Key valuation signals for STU:CGP:

  • Days Payable: 135.81 (161% above median its 10-year median of 52.08)
  • GF Value™: €0.06 vs. price of €0.09 (46.7% above fair value)
  • GF Score™: 30/100 with 5 warning signs
  • Industry Position: 228.1% above the Steel median (#77 of 599)

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


Chongqing Iron & Steel Co Business Description

Other Exchanges 01053:Hong Kong601005:China
Address No. 2 Jiangnan Avenue, Jiangnan Street, Changshou District, Chongqing, CHN, 401258
Chongqing Iron & Steel Co Ltd operates in the ferrous metal smelting and rolling processing industry within the manufacturing sector, and is principally engaged in the production and sale of hot rolled sheets, medium plates, steel billets, steel by-products, coke, coal chemical products, water granulated slag, and other products. Its products are widely used in railways, airports, bridges, tunnels, ships, high-rise buildings, and other fields. Additionally, the company is engaged in the sale or supply of energy media and ore trading, both of which are closely related to the steel manufacturing business. Geographically, it derives revenue mainly from the Chinese mainland, through sales of steel products.
30GF Score

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

€0.09
Price
€0.06
GF Value