TerniumTX -1.68%84 Days Payable is 58.34 as of Mar. 2026, which is 46% above its 10-year median of 39.92. GuruFocus rates TX with a GF Score™ of 84/100 and a GF Value™ of $36.54 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 602 Steel companies, Ternium ranks better than 62.96% on this metric.
Ternium's average Accounts Payable for the
three
months ended in Mar. 2026 was $2,076 Mil. Ternium's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $3,247 Mil.
Hence, Ternium's Days Payable for the
three
months ended in Mar. 2026 was 58.34.
The historical rank and industry rank for Ternium's Days Payable or its related term are showing as below:
TX'
s Days Payable Range Over the Past 10 Years
Min: 33.81 Med: 39.92 Max: 56.49
Current: 56.49
During the past 13 years, Ternium's highest Days Payable was 56.49. The lowest was 33.81. And the median was 39.92.
TX's Days Payable is ranked better than 62.96% of 602
companies
in the Steel industry
Industry Median: 41.4
vs TX: 56.49
Ternium's Days Payable
increased
from Mar. 2025 (50.45) to Mar. 2026 (58.34).
It may suggest that Terniumdelayed paying its suppliers.
Ternium Days Payable Related Terms
Ternium Days Payable Historical Data
* Premium members only.
The historical data trend for Ternium'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, Ternium'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.
Ternium Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Ternium's Days Payable distribution charts can be found below:
* The bar in red indicates where Ternium'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.
Ternium'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.
Ternium (TX) has a Days Payable of 58.34 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 Ternium and its competitors. This is 46% above median its historical median of 39.92. Over the past decade, Ternium's Days Payable has ranged from 33.81 to 56.49. According to the industry distribution chart, Ternium ranks #223 out of 602 companies in the Steel industry, placing it in the top 37%.
Is Ternium's Days Payable too high?
Ternium's current Days Payable of 58.34 is 46% above median its 10-year median of 39.92. Over the past 10 years, this metric has ranged from a low of 33.81 to a high of 56.49. The Steel industry median Days Payable is 41.40. Ternium's value of 58.34 is 40.9% above this industry median. Based on the distribution chart, Ternium ranks #223 out of 602 companies in the Steel industry, which is above the industry midpoint. Overall, Ternium has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ternium's Days Payable compare to CLF and WS?
According to the Steel industry distribution chart, Ternium ranks #223 out of 602 companies for Days Payable. This puts Ternium in the upper half of its industry. The industry median Days Payable is 41.40. Ternium's value of 58.34 is 40.9% above this benchmark. Historically, Ternium's own Days Payable has ranged from 33.81 to 56.49 over the past decade. While the company's 10-year median is 39.92 vs. the industry median of 41.40, Ternium 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 41.40, based on 602 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. Ternium's current Days Payable of 58.34 is 40.9% 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 Ternium and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ternium's current Days Payable is 58.34, which is 46% above median its own 10-year median of 39.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ternium stock overvalued right now?
Based on GuruFocus' analysis, Ternium (TX) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.54, compared to a current price of $44.61 — trading 22.1% above its estimated fair value. The current Days Payable is 58.34, which is 46% above median its 10-year median of 39.92 and 40.9% above the Steel industry median of 41.40. Ternium's overall GF Score™ is 84/100 with 12 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 Ternium (TX), the current Days Payable is 58.34 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 Ternium (TX) Overvalued in 2026?
Based on GuruFocus' analysis, Ternium stock appears to be overvalued.
The current stock price of $44.61 is trading 22.1% above its estimated GF Value™ of $36.54.
GuruFocus considers Ternium to be Modestly Overvalued.
Key valuation signals for TX:
Days Payable: 58.34 (46% above median its 10-year median of 39.92)
GF Value™: $36.54 vs. price of $44.61 (22.1% above fair value)
Industry Position: 40.9% above the Steel median (#223 of 602)
No single metric tells the full story. See the TX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ternium SA is a flat steel producer operating in Mexico, Brazil, Argentina, Colombia, the southern United States, and Central America. It produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers and steel processors or end-users. The company operates in two segments: Steel and Mining. In its Steel segment, the company produces slabs, billets & round bars, hot-rolled coils & sheets, bars & stirrups, wire rods, steel pipes, and other products. The Mining segment sells iron ore as concentrates (fines) and pellets. The vast majority of its revenue comes from the Steel segment and geographically from Mexico.
84GF Score
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