WS (Worthington Steel) Days Payable: 46.37 (As of May. 2026) — 10% Below Median


WS Worthington Steel Inc WS
21 GF Score
Price $38.57
! 5 Warning Signs
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What is Worthington Steel Days Payable?

Worthington Steel WS +4.72% 21 Days Payable is 46.37 as of May. 2026, which is 10% below its 10-year median of 51.68. GuruFocus rates WS with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 602 Steel companies, Worthington Steel ranks better than 53.65% on this metric.

Worthington Steel's average Accounts Payable for the three months ended in May. 2026 was $412 Mil. Worthington Steel's Cost of Goods Sold for the three months ended in May. 2026 was $811 Mil. Hence, Worthington Steel's Days Payable for the three months ended in May. 2026 was 46.37.

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

WS' s Days Payable Range Over the Past 10 Years
Min: 46.35   Med: 51.68   Max: 93.98
Current: 46.35

During the past 6 years, Worthington Steel's highest Days Payable was 93.98. The lowest was 46.35. And the median was 51.68.

WS's Days Payable is ranked better than
53.65% of 602 companies
in the Steel industry
Industry Median: 41.4 vs WS: 46.35

Worthington Steel's Days Payable declined from May. 2025 (47.66) to May. 2026 (46.37). It may suggest that Worthington Steel accelerated paying its suppliers.


Worthington Steel Days Payable Historical Data

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The historical data trend for Worthington 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.

Worthington Steel Days Payable Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25 May26
Days Payable
Get a 7-Day Free Trial 48.51 51.68 47.75 52.83 49.50

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 47.66 47.46 42.47 48.74 46.37

WS vs NWPX, MTUS, MSB: Days Payable Comparison

For the Steel subindustry, Worthington 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.


Worthington Steel Days Payable vs Steel Industry

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

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


WS
21GF Score
Worthington Steel Inc WS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Worthington 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.

Worthington Steel's Days Payable for the fiscal year that ended in May. 2026 is calculated as

Days Payable (A: May. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2025 ) + Accounts Payable (A: May. 2026 )) / count ) / Cost of Goods Sold (A: May. 2026 )*Days in Period
=( (402.5 + 422.4) / 2 ) / 3041.2*365
=412.45 / 3041.2*365
=49.50

Worthington Steel's Days Payable for the quarter that ended in May. 2026 is calculated as:

Days Payable (Q: May. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2026 ) + Accounts Payable (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (401.9 + 422.4) / 2 ) / 811.1*365 / 4
=412.15 / 811.1*365 / 4
=46.37

* 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 46.37 mean?
Worthington Steel (WS) has a Days Payable of 46.37 as of May. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Worthington Steel and its competitors. This is 10% below median its historical median of 51.68. Over the past decade, Worthington Steel's Days Payable has ranged from 46.35 to 93.98. According to the industry distribution chart, Worthington Steel ranks #279 out of 602 companies in the Steel industry, placing it in the top 46.3%.
Is Worthington Steel's Days Payable too high?
Worthington Steel's current Days Payable of 46.37 is 10% below median its 10-year median of 51.68. Over the past 10 years, this metric has ranged from a low of 46.35 to a high of 93.98. The Steel industry median Days Payable is 41.40. Worthington Steel's value of 46.37 is 12% above this industry median. Based on the distribution chart, Worthington Steel ranks #279 out of 602 companies in the Steel industry, which is above the industry midpoint. Overall, Worthington Steel has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Days Payable compare to NWPX and MTUS?
According to the Steel industry distribution chart, Worthington Steel ranks #279 out of 602 companies for Days Payable. This puts Worthington Steel in the upper half of its industry. The industry median Days Payable is 41.40. Worthington Steel's value of 46.37 is 12% above this benchmark. Historically, Worthington Steel's own Days Payable has ranged from 46.35 to 93.98 over the past decade. While the company's 10-year median is 51.68 vs. the industry median of 41.40, Worthington 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 41.40, 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. Worthington Steel's current Days Payable of 46.37 is 12% 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 Worthington Steel 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. Worthington Steel's current Days Payable is 46.37, which is 10% below median its own 10-year median of 51.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worthington Steel stock overvalued right now?
Worthington Steel (WS) has a current Days Payable of 46.37. The current Days Payable is 46.37, which is 10% below median its 10-year median of 51.68 and 12% above the Steel industry median of 41.40. Worthington Steel's overall GF Score™ is 21/100 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 Worthington Steel (WS), the current Days Payable is 46.37 as of May. 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.

Worthington Steel Business Description

Other Exchanges Z2J:Germany
Address 100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
21GF Score

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