USDMY (Usinas Siderurgicas de Minas Gerais) Days Payable: 35.24 (As of Mar. 2026) — Near Median


USDMY Usinas Siderurgicas de Minas Gerais SA USDMY
60 GF Score
Price $26.23
GF Value $18.50
! 5 Warning Signs
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What is Usinas Siderurgicas de Minas Gerais Days Payable?

Usinas Siderurgicas de Minas Gerais USDMY 60 Days Payable is 35.24 as of Mar. 2026, which is 6% above its 10-year median of 33.25. GuruFocus rates USDMY with a GF Score™ of 60/100 and a GF Value™ of $18.50. The stock has 5 warning signs investors should review. Among 602 Steel companies, Usinas Siderurgicas de Minas Gerais ranks worse than 60.63% on this metric.

Usinas Siderurgicas de Minas Gerais's average Accounts Payable for the three months ended in Mar. 2026 was $381 Mil. Usinas Siderurgicas de Minas Gerais's Cost of Goods Sold for the three months ended in Mar. 2026 was $987 Mil. Hence, Usinas Siderurgicas de Minas Gerais's Days Payable for the three months ended in Mar. 2026 was 35.24.

The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Days Payable or its related term are showing as below:

USDMY' s Days Payable Range Over the Past 10 Years
Min: 21.48   Med: 33.25   Max: 38.19
Current: 31.68

During the past 13 years, Usinas Siderurgicas de Minas Gerais's highest Days Payable was 38.19. The lowest was 21.48. And the median was 33.25.

USDMY's Days Payable is ranked worse than
60.63% of 602 companies
in the Steel industry
Industry Median: 41.4 vs USDMY: 31.68

Usinas Siderurgicas de Minas Gerais's Days Payable increased from Mar. 2025 (32.94) to Mar. 2026 (35.24). It may suggest that Usinas Siderurgicas de Minas Gerais delayed paying its suppliers.


Usinas Siderurgicas de Minas Gerais Days Payable Related Terms


Usinas Siderurgicas de Minas Gerais Days Payable Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais'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.

Usinas Siderurgicas de Minas Gerais Days Payable Chart

Usinas Siderurgicas de Minas Gerais 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 30.59 31.69 32.52 39.79 32.99

Usinas Siderurgicas de Minas Gerais 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 32.94 30.54 28.76 31.44 35.24

USDMY vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais'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.


Usinas Siderurgicas de Minas Gerais Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Days Payable distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Days Payable falls into.


USDMY
60GF Score
Usinas Siderurgicas de Minas Gerais SA USDMY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Usinas Siderurgicas de Minas Gerais 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.

Usinas Siderurgicas de Minas Gerais'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
=( (411.829 + 385.933) / 2 ) / 4413.645*365
=398.881 / 4413.645*365
=32.99

Usinas Siderurgicas de Minas Gerais'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
=( (385.933 + 376.47) / 2 ) / 987.156*365 / 4
=381.2015 / 987.156*365 / 4
=35.24

* 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 35.24 mean?
Usinas Siderurgicas de Minas Gerais (USDMY) has a Days Payable of 35.24 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 Usinas Siderurgicas de Minas Gerais and its competitors. This is near median its historical median of 33.25. Over the past decade, Usinas Siderurgicas de Minas Gerais' Days Payable has ranged from 21.48 to 38.19. According to the industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #365 out of 602 companies in the Steel industry, placing it in the top 60.6%.
Is Usinas Siderurgicas de Minas Gerais' Days Payable too high?
Usinas Siderurgicas de Minas Gerais' current Days Payable of 35.24 is near median its 10-year median of 33.25. Over the past 10 years, this metric has ranged from a low of 21.48 to a high of 38.19. The Steel industry median Days Payable is 41.40. Usinas Siderurgicas de Minas Gerais' value of 35.24 is 14.9% below this industry median. Based on the distribution chart, Usinas Siderurgicas de Minas Gerais ranks #365 out of 602 companies in the Steel industry, which is below the industry midpoint. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #365 out of 602 companies for Days Payable. This places Usinas Siderurgicas de Minas Gerais in the lower half of its industry. The industry median Days Payable is 41.40. Usinas Siderurgicas de Minas Gerais' value of 35.24 is 14.9% below this benchmark. Historically, Usinas Siderurgicas de Minas Gerais' own Days Payable has ranged from 21.48 to 38.19 over the past decade. While the company's 10-year median is 33.25 vs. the industry median of 41.40, Usinas Siderurgicas de Minas Gerais 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 41.40, 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. Usinas Siderurgicas de Minas Gerais's current Days Payable of 35.24 is 14.9% 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 Usinas Siderurgicas de Minas Gerais 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. Usinas Siderurgicas de Minas Gerais's current Days Payable is 35.24, which is near median its own 10-year median of 33.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Usinas Siderurgicas de Minas Gerais (USDMY) has a current Days Payable of 35.24. The stock's GF Value™ is $18.50, compared to a current price of $26.23 — trading 41.8% above its estimated fair value. The current Days Payable is 35.24, which is near median its 10-year median of 33.25 and 14.9% below the Steel industry median of 41.40. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 60/100 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 Usinas Siderurgicas de Minas Gerais (USDMY), the current Days Payable is 35.24 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 Usinas Siderurgicas de Minas Gerais (USDMY) Overvalued in 2026?

Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued. The current stock price of $26.23 is trading 41.8% above its estimated GF Value™ of $18.50.

Key valuation signals for USDMY:

  • Days Payable: 35.24 (near median its 10-year median of 33.25)
  • GF Value™: $18.50 vs. price of $26.23 (41.8% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 14.9% below the Steel median (#365 of 602)

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


Usinas Siderurgicas de Minas Gerais Business Description

Address Av. do Contorno, 6594, 11th Floor Funcionarios, Belo Horizonte, MG, BRA, 30110-044
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.
60GF Score

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

$26.23
Price
$18.50
GF Value