Tubos Reunidos (XMAD:TRG) Days Payable: 161.40 (As of Dec. 2025) — 24% Below Median


XMAD:TRG Tubos Reunidos SA XMAD:TRG
13 GF Score
Price €0.14
GF Value €0.49
Valuation Possible Value Trap
! 4 Warning Signs
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What is Tubos Reunidos Days Payable?

Tubos Reunidos XMAD:TRG 13 Days Payable is 161.40 as of Dec. 2025, which is 24% below its 10-year median of 213.75. GuruFocus rates XMAD:TRG with a GF Score™ of 13/100 and a GF Value™ of €0.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 598 Steel companies, Tubos Reunidos ranks better than 93.65% on this metric.

Tubos Reunidos's average Accounts Payable for the six months ended in Dec. 2025 was €71.9 Mil. Tubos Reunidos's Cost of Goods Sold for the six months ended in Dec. 2025 was €81.3 Mil. Hence, Tubos Reunidos's Days Payable for the six months ended in Dec. 2025 was 161.40.

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

XMAD:TRG' s Days Payable Range Over the Past 10 Years
Min: 186.77   Med: 213.75   Max: 423.13
Current: 186.77

During the past 13 years, Tubos Reunidos's highest Days Payable was 423.13. The lowest was 186.77. And the median was 213.75.

XMAD:TRG's Days Payable is ranked better than
93.65% of 598 companies
in the Steel industry
Industry Median: 41.385 vs XMAD:TRG: 186.77

Tubos Reunidos's Days Payable declined from Dec. 2024 (313.76) to Dec. 2025 (161.40). It may suggest that Tubos Reunidos accelerated paying its suppliers.


Tubos Reunidos Days Payable Historical Data

* Premium members only.

The historical data trend for Tubos Reunidos'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.

Tubos Reunidos Days Payable Chart

Tubos Reunidos 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 287.79 216.24 188.07 251.93 187.00

Tubos Reunidos Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 145.34 198.33 313.76 212.78 161.40

XMAD:TRG vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Tubos Reunidos'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.


Tubos Reunidos Days Payable vs Steel Industry

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

* The bar in red indicates where Tubos Reunidos's Days Payable falls into.


XMAD:TRG
13GF Score
Tubos Reunidos SA XMAD:TRG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tubos Reunidos 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.

Tubos Reunidos'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
=( (92.471 + 71.89) / 2 ) / 160.405*365
=82.1805 / 160.405*365
=187.00

Tubos Reunidos's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0 + 71.89) / 1 ) / 81.289*365 / 2
=71.89 / 81.289*365 / 2
=161.40

* 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 161.40 mean?
Tubos Reunidos (XMAD:TRG) has a Days Payable of 161.40 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tubos Reunidos and its competitors. This is 24% below median its historical median of 213.75. Over the past decade, Tubos Reunidos' Days Payable has ranged from 186.77 to 423.13. According to the industry distribution chart, Tubos Reunidos ranks #38 out of 598 companies in the Steel industry, placing it in the top 6.4%.
Is Tubos Reunidos' Days Payable too high?
Tubos Reunidos' current Days Payable of 161.40 is 24% below median its 10-year median of 213.75. Over the past 10 years, this metric has ranged from a low of 186.77 to a high of 423.13. The Steel industry median Days Payable is 41.39. Tubos Reunidos' value of 161.40 is 290% above this industry median. Based on the distribution chart, Tubos Reunidos ranks #38 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tubos Reunidos has a GF Score™ of 13/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tubos Reunidos' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tubos Reunidos ranks #38 out of 598 companies for Days Payable. This places Tubos Reunidos in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Tubos Reunidos' value of 161.40 is 290% above this benchmark. Historically, Tubos Reunidos' own Days Payable has ranged from 186.77 to 423.13 over the past decade. While the company's 10-year median is 213.75 vs. the industry median of 41.39, Tubos Reunidos 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 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. Tubos Reunidos's current Days Payable of 161.40 is 290% 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 Tubos Reunidos 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. Tubos Reunidos's current Days Payable is 161.40, which is 24% below median its own 10-year median of 213.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tubos Reunidos stock overvalued right now?
Based on GuruFocus' analysis, Tubos Reunidos (XMAD:TRG) is currently considered Possible Value Trap. The stock's GF Value™ is €0.49, compared to a current price of €0.14 — trading 70.7% below its estimated fair value. The current Days Payable is 161.40, which is 24% below median its 10-year median of 213.75 and 290% above the Steel industry median of 41.39. Tubos Reunidos' overall GF Score™ is 13/100 with 4 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 Tubos Reunidos (XMAD:TRG), the current Days Payable is 161.40 as of Dec. 2025. 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 Tubos Reunidos (XMAD:TRG) Overvalued in 2026?

Based on GuruFocus' analysis, Tubos Reunidos stock appears to be undervalued. The current stock price of €0.14 is trading 70.7% below its estimated GF Value™ of €0.49. GuruFocus considers Tubos Reunidos to be Possible Value Trap.

Key valuation signals for XMAD:TRG:

  • Days Payable: 161.40 (24% below median its 10-year median of 213.75)
  • GF Value™: €0.49 vs. price of €0.14 (70.7% below fair value)
  • GF Score™: 13/100 with 4 warning signs
  • Industry Position: 290% above the Steel median (#38 of 598)

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


Tubos Reunidos Business Description

Other Exchanges 0KD2:UKTU1:Germany
Address Barrio de Sagarribai, 2, Amurrio, Alava, ESP, 01470
Tubos Reunidos SA is a holding company. The company operates in the areas of the seamless tube, distribution, automotive and other sectors. Its products are essentially required by the energy sector; Oil and Gas, electrical power generation and petrochemical industry, as well as by machinery and special industrial applications. The product portfolio includes tubes manufactured in carbon, alloyed, high allowed and stainless, steels.
13GF Score

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

€0.14
Price
€0.49
GF Value