Algoma Central (TSX:ALC) Days Payable: 533.45 (As of Mar. 2026) — 36% Above Median


TSX:ALC Algoma Central Corp TSX:ALC
72 GF Score
Price C$22.05
GF Value C$16.48
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Algoma Central Days Payable?

Algoma Central TSX:ALC -0.72% 72 Days Payable is 533.45 as of Mar. 2026, which is 36% above its 10-year median of 392.17. GuruFocus rates TSX:ALC with a GF Score™ of 72/100 and a GF Value™ of C$16.48 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 964 Transportation companies, Algoma Central ranks better than 97.61% on this metric.

Algoma Central's average Accounts Payable for the three months ended in Mar. 2026 was C$123.4 Mil. Algoma Central's Cost of Goods Sold for the three months ended in Mar. 2026 was C$21.1 Mil. Hence, Algoma Central's Days Payable for the three months ended in Mar. 2026 was 533.45.

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

TSX:ALC' s Days Payable Range Over the Past 10 Years
Min: 296.54   Med: 392.17   Max: 522.28
Current: 522.28

During the past 13 years, Algoma Central's highest Days Payable was 522.28. The lowest was 296.54. And the median was 392.17.

TSX:ALC's Days Payable is ranked better than
97.61% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs TSX:ALC: 522.28

Algoma Central's Days Payable declined from Mar. 2025 (550.94) to Mar. 2026 (533.45). It may suggest that Algoma Central accelerated paying its suppliers.


Algoma Central Days Payable Historical Data

* Premium members only.

The historical data trend for Algoma Central'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.

Algoma Central Days Payable Chart

Algoma Central 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 398.45 436.21 412.98 406.78 406.50

Algoma Central 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 550.94 603.92 522.47 398.55 533.45

TSX:ALC vs KEX: Days Payable Comparison

For the Marine Shipping subindustry, Algoma Central'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.


Algoma Central Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Algoma Central's Days Payable distribution charts can be found below:

* The bar in red indicates where Algoma Central's Days Payable falls into.


TSX:ALC
72GF Score
Algoma Central Corp TSX:ALC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Central 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.

Algoma Central'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
=( (88.75 + 102.649) / 2 ) / 85.929*365
=95.6995 / 85.929*365
=406.50

Algoma Central'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
=( (102.649 + 144.231) / 2 ) / 21.115*365 / 4
=123.44 / 21.115*365 / 4
=533.45

* 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 533.45 mean?
Algoma Central (TSX:ALC) has a Days Payable of 533.45 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 Algoma Central and its competitors. This is 36% above median its historical median of 392.17. Over the past decade, Algoma Central's Days Payable has ranged from 296.54 to 522.28. According to the industry distribution chart, Algoma Central ranks #23 out of 964 companies in the Transportation industry, placing it in the top 2.4%.
Is Algoma Central's Days Payable too high?
Algoma Central's current Days Payable of 533.45 is 36% above median its 10-year median of 392.17. Over the past 10 years, this metric has ranged from a low of 296.54 to a high of 522.28. The Transportation industry median Days Payable is 38.99. Algoma Central's value of 533.45 is 1268.3% above this industry median. Based on the distribution chart, Algoma Central ranks #23 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Algoma Central has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Central's Days Payable compare to KEX?
According to the Transportation industry distribution chart, Algoma Central ranks #23 out of 964 companies for Days Payable. This places Algoma Central in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.99. Algoma Central's value of 533.45 is 1268.3% above this benchmark. Historically, Algoma Central's own Days Payable has ranged from 296.54 to 522.28 over the past decade. While the company's 10-year median is 392.17 vs. the industry median of 38.99, Algoma Central 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 Transportation company?
The median Days Payable among Transportation companies is 38.99, based on 964 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. Algoma Central's current Days Payable of 533.45 is 1268.3% 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 Algoma Central and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Central's current Days Payable is 533.45, which is 36% above median its own 10-year median of 392.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Central stock overvalued right now?
Based on GuruFocus' analysis, Algoma Central (TSX:ALC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$16.48, compared to a current price of C$22.05 — trading 33.8% above its estimated fair value. The current Days Payable is 533.45, which is 36% above median its 10-year median of 392.17 and 1268.3% above the Transportation industry median of 38.99. Algoma Central's overall GF Score™ is 72/100 with 11 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 Algoma Central (TSX:ALC), the current Days Payable is 533.45 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 Algoma Central (TSX:ALC) Overvalued in 2026?

Based on GuruFocus' analysis, Algoma Central stock appears to be overvalued. The current stock price of C$22.05 is trading 33.8% above its estimated GF Value™ of C$16.48. GuruFocus considers Algoma Central to be Significantly Overvalued.

Key valuation signals for TSX:ALC:

  • Days Payable: 533.45 (36% above median its 10-year median of 392.17)
  • GF Value™: C$16.48 vs. price of C$22.05 (33.8% above fair value)
  • GF Score™: 72/100 with 11 warning signs
  • Industry Position: 1268.3% above the Transportation median (#23 of 964)

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


Algoma Central Business Description

Other Exchanges AGMJF:USAACH:Germany
Address 63 Church Street, Suite 600, St. Catharines, ON, CAN, L2R 3C4
Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through segments that are Domestic Dry-Bulk which generates key revenue, Product Tankers, Ocean Self-Unloaders, and Corporate. The company also earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.
72GF Score

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

C$22.05
Price
C$16.48
GF Value