TubacexXMAD:TUB +0.15%75 Days Payable is 260.03 as of Mar. 2026, which is 11% above its 10-year median of 234.80. GuruFocus rates XMAD:TUB with a GF Score™ of 75/100 and a GF Value™ of €2.87 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 599 Steel companies, Tubacex ranks better than 95.66% on this metric.
Tubacex's average Accounts Payable for the
three
months ended in Mar. 2026 was €150.2 Mil. Tubacex's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €52.7 Mil.
Hence, Tubacex's Days Payable for the
three
months ended in Mar. 2026 was 260.03.
The historical rank and industry rank for Tubacex's Days Payable or its related term are showing as below:
XMAD:TUB'
s Days Payable Range Over the Past 10 Years
Min: 141.73 Med: 234.8 Max: 329.01
Current: 222.82
During the past 13 years, Tubacex's highest Days Payable was 329.01. The lowest was 141.73. And the median was 234.80.
XMAD:TUB's Days Payable is ranked better than 95.66% of 599
companies
in the Steel industry
Industry Median: 41.39
vs XMAD:TUB: 222.82
Tubacex's Days Payable
declined
from Mar. 2025 (301.81) to Mar. 2026 (260.03).
It may suggest that Tubacexaccelerated paying its suppliers.
Tubacex Days Payable Related Terms
Tubacex Days Payable Historical Data
* Premium members only.
The historical data trend for Tubacex'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.
XMAD:TUB vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Tubacex'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.
Tubacex Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Tubacex's Days Payable distribution charts can be found below:
* The bar in red indicates where Tubacex'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.
Tubacex'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.
Tubacex (XMAD:TUB) has a Days Payable of 260.03 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 Tubacex and its competitors. This is 11% above median its historical median of 234.80. Over the past decade, Tubacex's Days Payable has ranged from 141.73 to 329.01. According to the industry distribution chart, Tubacex ranks #26 out of 599 companies in the Steel industry, placing it in the top 4.3%.
Is Tubacex's Days Payable too high?
Tubacex's current Days Payable of 260.03 is 11% above median its 10-year median of 234.80. Over the past 10 years, this metric has ranged from a low of 141.73 to a high of 329.01. The Steel industry median Days Payable is 41.39. Tubacex's value of 260.03 is 528.2% above this industry median. Based on the distribution chart, Tubacex ranks #26 out of 599 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tubacex has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tubacex's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tubacex ranks #26 out of 599 companies for Days Payable. This places Tubacex in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Tubacex's value of 260.03 is 528.2% above this benchmark. Historically, Tubacex's own Days Payable has ranged from 141.73 to 329.01 over the past decade. While the company's 10-year median is 234.80 vs. the industry median of 41.39, Tubacex 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. Tubacex's current Days Payable of 260.03 is 528.2% 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 Tubacex 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. Tubacex's current Days Payable is 260.03, which is 11% above median its own 10-year median of 234.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tubacex stock overvalued right now?
Based on GuruFocus' analysis, Tubacex (XMAD:TUB) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.87, compared to a current price of €3.31 — trading 15.3% above its estimated fair value. The current Days Payable is 260.03, which is 11% above median its 10-year median of 234.80 and 528.2% above the Steel industry median of 41.39. Tubacex's overall GF Score™ is 75/100 with 7 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 Tubacex (XMAD:TUB), the current Days Payable is 260.03 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 Tubacex (XMAD:TUB) Overvalued in 2026?
Based on GuruFocus' analysis, Tubacex stock appears to be overvalued.
The current stock price of €3.31 is trading 15.3% above its estimated GF Value™ of €2.87.
GuruFocus considers Tubacex to be Modestly Overvalued.
Key valuation signals for XMAD:TUB:
Days Payable: 260.03 (11% above median its 10-year median of 234.80)
GF Value™: €2.87 vs. price of €3.31 (15.3% above fair value)
Industry Position: 528.2% above the Steel median (#26 of 599)
No single metric tells the full story. See the XMAD:TUB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tubacex SA together with its subsidiaries, manufactures and markets stainless steel and high-nickel alloy tubes and pipes. The company's product portfolio includes hollow bars, steel and fittings products. It primarily serves oil and gas, petrochemical, chemical and power generation industries. It also devotes part of its production to the mechanical industry, aerospace, food, water desalination, electronics, capital goods and new technologies among other industries. Group has its industrial facilities in the Spain, Austria, the United States, Italy, India, and Thailand. Most of the revenue is generated through the sale of goods and rest from the rendering of services.
75GF Score
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