Salzgitter AGSZGPF 56 Days Payable is 66.61 as of Mar. 2026, which is 3% below its 10-year median of 69.02. GuruFocus rates SZGPF with a GF Score™ of 56/100 and a GF Value™ of $27.36 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 599 Steel companies, Salzgitter AG ranks better than 72.95% on this metric.
The historical rank and industry rank for Salzgitter AG's Days Payable or its related term are showing as below:
SZGPF'
s Days Payable Range Over the Past 10 Years
Min: 63.47 Med: 69.02 Max: 75.79
Current: 71.97
During the past 13 years, Salzgitter AG's highest Days Payable was 75.79. The lowest was 63.47. And the median was 69.02.
SZGPF's Days Payable is ranked better than 72.95% of 599
companies
in the Steel industry
Industry Median: 41.39
vs SZGPF: 71.97
Salzgitter AG's Days Payable
declined
from Mar. 2025 (69.61) to Mar. 2026 (66.61).
It may suggest that Salzgitter AGaccelerated paying its suppliers.
Salzgitter AG Days Payable Related Terms
Salzgitter AG Days Payable Historical Data
* Premium members only.
The historical data trend for Salzgitter AG'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, Salzgitter AG'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.
Salzgitter AG Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Salzgitter AG's Days Payable distribution charts can be found below:
* The bar in red indicates where Salzgitter AG'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.
Salzgitter AG'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.
Salzgitter AG (SZGPF) has a Days Payable of 66.61 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 Salzgitter AG and its competitors. This is near median its historical median of 69.02. Over the past decade, Salzgitter AG's Days Payable has ranged from 63.47 to 75.79. According to the industry distribution chart, Salzgitter AG ranks #162 out of 599 companies in the Steel industry, placing it in the top 27%.
Is Salzgitter AG's Days Payable too high?
Salzgitter AG's current Days Payable of 66.61 is near median its 10-year median of 69.02. Over the past 10 years, this metric has ranged from a low of 63.47 to a high of 75.79. The Steel industry median Days Payable is 41.39. Salzgitter AG's value of 66.61 is 60.9% above this industry median. Based on the distribution chart, Salzgitter AG ranks #162 out of 599 companies in the Steel industry, which is above the industry midpoint. Overall, Salzgitter AG has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salzgitter AG's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Salzgitter AG ranks #162 out of 599 companies for Days Payable. This puts Salzgitter AG in the upper half of its industry. The industry median Days Payable is 41.39. Salzgitter AG's value of 66.61 is 60.9% above this benchmark. Historically, Salzgitter AG's own Days Payable has ranged from 63.47 to 75.79 over the past decade. While the company's 10-year median is 69.02 vs. the industry median of 41.39, Salzgitter AG 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. Salzgitter AG's current Days Payable of 66.61 is 60.9% 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 Salzgitter AG 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. Salzgitter AG's current Days Payable is 66.61, which is near median its own 10-year median of 69.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salzgitter AG stock overvalued right now?
Based on GuruFocus' analysis, Salzgitter AG (SZGPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.36, compared to a current price of $57.97 — trading 111.9% above its estimated fair value. The current Days Payable is 66.61, which is near median its 10-year median of 69.02 and 60.9% above the Steel industry median of 41.39. Salzgitter AG's overall GF Score™ is 56/100 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 Salzgitter AG (SZGPF), the current Days Payable is 66.61 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 Salzgitter AG (SZGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Salzgitter AG stock appears to be overvalued.
The current stock price of $57.97 is trading 111.9% above its estimated GF Value™ of $27.36.
GuruFocus considers Salzgitter AG to be Significantly Overvalued.
Key valuation signals for SZGPF:
Days Payable: 66.61 (near median its 10-year median of 69.02)
GF Value™: $27.36 vs. price of $57.97 (111.9% above fair value)
Industry Position: 60.9% above the Steel median (#162 of 599)
No single metric tells the full story. See the SZGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salzgitter AG operates as a holding company. It has four divisions: Steel Production, Steel Processing, Trading and Technology. The majority is derived from the Steel Production segment, which manufactures high-quality branded steel & special steel. Its core product offerings include strip steel articles, seamless and welded steel pipes and tubes, and heavy plate count.
56GF Score
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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