TWIRF (Tree Island Steel) Days Payable: 42.46 (As of Mar. 2026) — 30% Above Median


TWIRF Tree Island Steel Ltd TWIRF
53 GF Score
Price $1.64
GF Value $1.39
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Tree Island Steel Days Payable?

Tree Island Steel TWIRF 53 Days Payable is 42.46 as of Mar. 2026, which is 30% above its 10-year median of 32.63. GuruFocus rates TWIRF with a GF Score™ of 53/100 and a GF Value™ of $1.39 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 598 Steel companies, Tree Island Steel ranks worse than 51% on this metric.

Tree Island Steel's average Accounts Payable for the three months ended in Mar. 2026 was $13.8 Mil. Tree Island Steel's Cost of Goods Sold for the three months ended in Mar. 2026 was $29.6 Mil. Hence, Tree Island Steel's Days Payable for the three months ended in Mar. 2026 was 42.46.

The historical rank and industry rank for Tree Island Steel's Days Payable or its related term are showing as below:

TWIRF' s Days Payable Range Over the Past 10 Years
Min: 26.08   Med: 32.63   Max: 40.39
Current: 40.1

During the past 13 years, Tree Island Steel's highest Days Payable was 40.39. The lowest was 26.08. And the median was 32.63.

TWIRF's Days Payable is ranked worse than
51% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TWIRF: 40.10

Tree Island Steel's Days Payable increased from Mar. 2025 (32.59) to Mar. 2026 (42.46). It may suggest that Tree Island Steel delayed paying its suppliers.


Tree Island Steel Days Payable Historical Data

* Premium members only.

The historical data trend for Tree Island Steel'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.

Tree Island Steel Days Payable Chart

Tree Island Steel 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 35.24 28.47 25.91 30.38 38.03

Tree Island Steel 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 32.59 35.57 36.91 38.27 42.46

TWIRF vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Days Payable distribution charts can be found below:

* The bar in red indicates where Tree Island Steel's Days Payable falls into.


TWIRF
53GF Score
Tree Island Steel Ltd TWIRF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tree Island Steel 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.

Tree Island Steel'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
=( (13.197 + 11.182) / 2 ) / 116.985*365
=12.1895 / 116.985*365
=38.03

Tree Island Steel'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
=( (11.182 + 16.338) / 2 ) / 29.571*365 / 4
=13.76 / 29.571*365 / 4
=42.46

* 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 42.46 mean?
Tree Island Steel (TWIRF) has a Days Payable of 42.46 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 Tree Island Steel and its competitors. This is 30% above median its historical median of 32.63. Over the past decade, Tree Island Steel's Days Payable has ranged from 26.08 to 40.39. According to the industry distribution chart, Tree Island Steel ranks #305 out of 598 companies in the Steel industry, placing it in the top 51%.
Is Tree Island Steel's Days Payable too high?
Tree Island Steel's current Days Payable of 42.46 is 30% above median its 10-year median of 32.63. Over the past 10 years, this metric has ranged from a low of 26.08 to a high of 40.39. The Steel industry median Days Payable is 41.39. Tree Island Steel's value of 42.46 is 2.6% above this industry median. Based on the distribution chart, Tree Island Steel ranks #305 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Tree Island Steel has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tree Island Steel ranks #305 out of 598 companies for Days Payable. This places Tree Island Steel in the lower half of its industry. The industry median Days Payable is 41.39. Tree Island Steel's value of 42.46 is 2.6% above this benchmark. Historically, Tree Island Steel's own Days Payable has ranged from 26.08 to 40.39 over the past decade. While the company's 10-year median is 32.63 vs. the industry median of 41.39, Tree Island Steel 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 598 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. Tree Island Steel's current Days Payable of 42.46 is 2.6% 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 Tree Island Steel 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. Tree Island Steel's current Days Payable is 42.46, which is 30% above median its own 10-year median of 32.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Based on GuruFocus' analysis, Tree Island Steel (TWIRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.39, compared to a current price of $1.64 — trading 18.2% above its estimated fair value. The current Days Payable is 42.46, which is 30% above median its 10-year median of 32.63 and 2.6% above the Steel industry median of 41.39. Tree Island Steel's overall GF Score™ is 53/100 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 Tree Island Steel (TWIRF), the current Days Payable is 42.46 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 Tree Island Steel (TWIRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued. The current stock price of $1.64 is trading 18.2% above its estimated GF Value™ of $1.39. GuruFocus considers Tree Island Steel to be Modestly Overvalued.

Key valuation signals for TWIRF:

  • Days Payable: 42.46 (30% above median its 10-year median of 32.63)
  • GF Value™: $1.39 vs. price of $1.64 (18.2% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 2.6% above the Steel median (#305 of 598)

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


Tree Island Steel Business Description

Other Exchanges TSL:Canada
Address 3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
53GF Score

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

$1.64
Price
$1.39
GF Value