WEBC (Webco Industries) Days Payable: 20.44 (As of Jul. 2023)

What is Webco Industries Days Payable?

Webco Industries WEBC 12 Days Payable is 20.44 as of Jul. 2023. GuruFocus rates WEBC with a GF Score™ of 12/100.

Webco Industries's average Accounts Payable for the six months ended in Jul. 2023 was $33.5 Mil. Webco Industries's Cost of Goods Sold for the six months ended in Jul. 2023 was $597.5 Mil. Hence, Webco Industries's Days Payable for the six months ended in Jul. 2023 was 10.22.

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

WEBC's Days Payable is not ranked ^*
in the Steel industry.
Industry Median: 41.385
* Ranked among companies with meaningful Days Payable only.

Webco Industries's Days Payable increased from Jul. 2017 (0.00) to Jul. 2023 (20.44). It may suggest that Webco Industries delayed paying its suppliers.

Webco Industries Days Payable Related Terms

Webco Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Webco Industries'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.

Webco Industries Days Payable Chart

Webco Industries Annual Data

Trend

Jul05

Jul06

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul23

Days Payable

Get a 7-Day Free Trial

0.00

20.44

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	20.44

WEBC vs ACNT, FRD, LUD: Days Payable Comparison

For the Steel subindustry, Webco Industries'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.

Webco Industries Days Payable vs Steel Industry

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

* The bar in red indicates where Webco Industries's Days Payable falls into.

Save Embed

12GF Score

Webco Industries Inc WEBC

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Webco Industries 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.

Webco Industries's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2018 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (0	+	33.463)	/	1 )	/	597.544	*	365
=	33.463					/	597.544	*	365
=	20.44

Webco Industries's Days Payable for the quarter that ended in Jul. 2023 is calculated as:

	Days Payable (Q: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2018 )	+	Accounts Payable (Q: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
=	( (0	+	33.463)	/	1 )	/	597.544	*	365 / 2
=	33.463					/	597.544	*	365 / 2
=	10.22

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 20.44 mean?

Webco Industries (WEBC) has a Days Payable of 20.44 as of Jul. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Webco Industries and its competitors.

Is Webco Industries' Days Payable too high?

Webco Industries' current Days Payable is 20.44. The Steel industry median Days Payable is 41.39. Webco Industries' value of 20.44 is 50.6% below this industry median. Overall, Webco Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Webco Industries' Days Payable compare to ACNT and FRD?

Webco Industries' Days Payable of 20.44 can be compared against companies in the Steel industry. The industry median Days Payable is 41.39. Webco Industries' value of 20.44 is 50.6% below this benchmark. 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. Webco Industries's current Days Payable of 20.44 is 50.6% 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 Webco Industries 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. Webco Industries's current Days Payable is 20.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Webco Industries stock overvalued right now?

Webco Industries (WEBC) has a current Days Payable of 20.44. The current Days Payable is 20.44 and 50.6% below the Steel industry median of 41.39. Webco Industries' overall GF Score™ is 12/100. 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 Webco Industries (WEBC), the current Days Payable is 20.44 as of Jul. 2023. 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.

Webco Industries Business Description

Industry Basic Materials Steel

Comparable Companies ACNT FRD LUD KBSX HLP INHD HUDI ZKIN ZEUS MSB BOM:500228 NUE XAMS:MT TSE:5401 NSE:TATASTEEL SHSE:600019 STLD RS XKRX:005490 SHSE:600010

Address 9101 West 21st Street, P.O. Box 100, Sand Springs, OK, USA, 74063

Website https://www.webcotube.com

Webco Industries Inc is a specialty manufacturer and seller of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products includes Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.

12GF Score

Get the complete analysis for WEBC

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

$310.00

Price

View WEBC Analysis

See Days Payable data for all stocks →