Steel DynamicsSTU:SD5 +0.16%86 Days Payable is 26.66 as of Mar. 2026, which is 4% above its 10-year median of 25.59. GuruFocus rates STU:SD5 with a GF Score™ of 86/100 and a GF Value™ of €137.47 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 597 Steel companies, Steel Dynamics ranks worse than 67.34% on this metric.
The historical rank and industry rank for Steel Dynamics's Days Payable or its related term are showing as below:
STU:SD5'
s Days Payable Range Over the Past 10 Years
Min: 19.22 Med: 25.59 Max: 28.68
Current: 28.19
During the past 13 years, Steel Dynamics's highest Days Payable was 28.68. The lowest was 19.22. And the median was 25.59.
STU:SD5's Days Payable is ranked worse than 67.34% of 597
companies
in the Steel industry
Industry Median: 41.39
vs STU:SD5: 28.19
Steel Dynamics's Days Payable
declined
from Mar. 2025 (26.67) to Mar. 2026 (26.66).
It may suggest that Steel Dynamicsaccelerated paying its suppliers.
Steel Dynamics Days Payable Related Terms
Steel Dynamics Days Payable Historical Data
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The historical data trend for Steel Dynamics'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, Steel Dynamics'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.
Steel Dynamics Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Dynamics's Days Payable distribution charts can be found below:
* The bar in red indicates where Steel Dynamics'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.
Steel Dynamics's Days Payable for the fiscal year that ended in Dec. 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.
Steel Dynamics (STU:SD5) has a Days Payable of 26.66 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 Steel Dynamics and its competitors. This is near median its historical median of 25.59. Over the past decade, Steel Dynamics' Days Payable has ranged from 19.22 to 28.68. According to the industry distribution chart, Steel Dynamics ranks #402 out of 597 companies in the Steel industry, placing it in the top 67.3%.
Is Steel Dynamics' Days Payable too high?
Steel Dynamics' current Days Payable of 26.66 is near median its 10-year median of 25.59. Over the past 10 years, this metric has ranged from a low of 19.22 to a high of 28.68. The Steel industry median Days Payable is 41.39. Steel Dynamics' value of 26.66 is 35.6% below this industry median. Based on the distribution chart, Steel Dynamics ranks #402 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Steel Dynamics has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Dynamics' Days Payable compare to RS and NUE?
According to the Steel industry distribution chart, Steel Dynamics ranks #402 out of 597 companies for Days Payable. This places Steel Dynamics in the lower half of its industry. The industry median Days Payable is 41.39. Steel Dynamics' value of 26.66 is 35.6% below this benchmark. Historically, Steel Dynamics' own Days Payable has ranged from 19.22 to 28.68 over the past decade. While the company's 10-year median is 25.59 vs. the industry median of 41.39, Steel Dynamics 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 597 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. Steel Dynamics's current Days Payable of 26.66 is 35.6% 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 Steel Dynamics 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. Steel Dynamics's current Days Payable is 26.66, which is near median its own 10-year median of 25.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Steel Dynamics (STU:SD5) is currently considered Significantly Overvalued. The stock's GF Value™ is €137.47, compared to a current price of €192.45 — trading 40% above its estimated fair value. The current Days Payable is 26.66, which is near median its 10-year median of 25.59 and 35.6% below the Steel industry median of 41.39. Steel Dynamics' overall GF Score™ is 86/100 with 4 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 Steel Dynamics (STU:SD5), the current Days Payable is 26.66 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 Steel Dynamics (STU:SD5) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Dynamics stock appears to be overvalued.
The current stock price of €192.45 is trading 40% above its estimated GF Value™ of €137.47.
GuruFocus considers Steel Dynamics to be Significantly Overvalued.
Key valuation signals for STU:SD5:
Days Payable: 26.66 (near median its 10-year median of 25.59)
GF Value™: €137.47 vs. price of €192.45 (40% above fair value)
Industry Position: 35.6% below the Steel median (#402 of 597)
No single metric tells the full story. See the STU:SD5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.
86GF Score
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