Cognor HoldingWAR:COG -0.93%66 Days Payable is 64.85 as of Mar. 2026, which is 25% above its 10-year median of 51.92. GuruFocus rates WAR:COG with a GF Score™ of 66/100 and a GF Value™ of zł5.62 (Fairly Valued). The stock has 6 warning signs investors should review. Among 599 Steel companies, Cognor Holding ranks better than 71.95% on this metric.
The historical rank and industry rank for Cognor Holding's Days Payable or its related term are showing as below:
WAR:COG'
s Days Payable Range Over the Past 10 Years
Min: 42.67 Med: 51.92 Max: 77.42
Current: 70.2
During the past 13 years, Cognor Holding's highest Days Payable was 77.42. The lowest was 42.67. And the median was 51.92.
WAR:COG's Days Payable is ranked better than 71.95% of 599
companies
in the Steel industry
Industry Median: 41.39
vs WAR:COG: 70.20
Cognor Holding's Days Payable
declined
from Mar. 2025 (66.29) to Mar. 2026 (64.85).
It may suggest that Cognor Holdingaccelerated paying its suppliers.
Cognor Holding Days Payable Related Terms
Cognor Holding Days Payable Historical Data
* Premium members only.
The historical data trend for Cognor Holding'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, Cognor Holding'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.
Cognor Holding Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Cognor Holding's Days Payable distribution charts can be found below:
* The bar in red indicates where Cognor Holding'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.
Cognor Holding'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.
Cognor Holding (WAR:COG) has a Days Payable of 64.85 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 Cognor Holding and its competitors. This is 25% above median its historical median of 51.92. Over the past decade, Cognor Holding's Days Payable has ranged from 42.67 to 77.42. According to the industry distribution chart, Cognor Holding ranks #168 out of 599 companies in the Steel industry, placing it in the top 28%.
Is Cognor Holding's Days Payable too high?
Cognor Holding's current Days Payable of 64.85 is 25% above median its 10-year median of 51.92. Over the past 10 years, this metric has ranged from a low of 42.67 to a high of 77.42. The Steel industry median Days Payable is 41.39. Cognor Holding's value of 64.85 is 56.7% above this industry median. Based on the distribution chart, Cognor Holding ranks #168 out of 599 companies in the Steel industry, which is above the industry midpoint. Overall, Cognor Holding has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cognor Holding's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Cognor Holding ranks #168 out of 599 companies for Days Payable. This puts Cognor Holding in the upper half of its industry. The industry median Days Payable is 41.39. Cognor Holding's value of 64.85 is 56.7% above this benchmark. Historically, Cognor Holding's own Days Payable has ranged from 42.67 to 77.42 over the past decade. While the company's 10-year median is 51.92 vs. the industry median of 41.39, Cognor Holding 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. Cognor Holding's current Days Payable of 64.85 is 56.7% 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 Cognor Holding 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. Cognor Holding's current Days Payable is 64.85, which is 25% above median its own 10-year median of 51.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognor Holding stock overvalued right now?
Based on GuruFocus' analysis, Cognor Holding (WAR:COG) is currently considered Fairly Valued. The stock's GF Value™ is zł5.62, compared to a current price of zł5.85 — trading 4% above its estimated fair value. The current Days Payable is 64.85, which is 25% above median its 10-year median of 51.92 and 56.7% above the Steel industry median of 41.39. Cognor Holding's overall GF Score™ is 66/100 with 6 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 Cognor Holding (WAR:COG), the current Days Payable is 64.85 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 Cognor Holding (WAR:COG) Overvalued in 2026?
Based on GuruFocus' analysis, Cognor Holding stock appears to be overvalued.
The current stock price of zł5.85 is trading 4% above its estimated GF Value™ of zł5.62.
GuruFocus considers Cognor Holding to be Fairly Valued.
Key valuation signals for WAR:COG:
Days Payable: 64.85 (25% above median its 10-year median of 51.92)
GF Value™: zł5.62 vs. price of zł5.85 (4% above fair value)
Industry Position: 56.7% above the Steel median (#168 of 599)
No single metric tells the full story. See the WAR:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cognor Holding SA operates in the steel industry. Along with its subsidiaries, the company is engaged in the business of scrap collection, scrap processing into steel billets, and steel products. Its product portfolio comprises metal bars, steel scrap, steel slabs, flat plates, round bars, and steel alloys, among others. The group operates in the following business segments: Zlomrex Metal (ZLMET), HSJ, Ferrostal (FER), OMS, JAP, and Others. The majority of its revenue is generated from the Ferrostal (FER) segment, which is involved in the production and sale of semi-finished steel products (raw steel) and final steel products to external customers. Geographically, the group generates maximum revenue from Poland, followed by Germany, Czechia, and other countries.
66GF Score
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