Makstil AD (XMAE:STIL) Days Payable: 28.93 (As of Mar. 2025)


XMAE:STIL Makstil AD XMAE:STIL
80 GF Score
Price MKD122.00
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What is Makstil AD Days Payable?

Makstil AD XMAE:STIL 80 Days Payable is 28.93 as of Mar. 2025. GuruFocus rates XMAE:STIL with a GF Score™ of 80/100.

Makstil AD's average Accounts Payable for the three months ended in Mar. 2025 was MKD708 Mil. Makstil AD's Cost of Goods Sold for the three months ended in Mar. 2025 was MKD2,235 Mil. Hence, Makstil AD's Days Payable for the three months ended in Mar. 2025 was 28.93.

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

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

Makstil AD's Days Payable declined from Mar. 2024 (34.30) to Mar. 2025 (28.93). It may suggest that Makstil AD accelerated paying its suppliers.

Makstil AD Days Payable Historical Data

* Premium members only.

The historical data trend for Makstil AD'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.

Makstil AD Days Payable Chart

Makstil AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.68 50.56 31.22 35.33 32.18

Makstil AD Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 34.30 144.72 124.67 26.04 28.93

XMAE:STIL vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Makstil AD'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.

Makstil AD Days Payable vs Steel Industry

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

* The bar in red indicates where Makstil AD's Days Payable falls into.


XMAE:STIL
80GF Score
Makstil AD XMAE:STIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Makstil AD 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.

Makstil AD's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (616.44 + 708.358) / 2 ) / 7512.208*365
=662.399 / 7512.208*365
=32.18

Makstil AD's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (708.358 + 0) / 1 ) / 2234.524*365 / 4
=708.358 / 2234.524*365 / 4
=28.93

* 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 28.93 mean?
Makstil AD (XMAE:STIL) has a Days Payable of 28.93 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Makstil AD and its competitors.
Is Makstil AD's Days Payable too high?
Makstil AD's current Days Payable is 28.93. The Steel industry median Days Payable is 41.39. Makstil AD's value of 28.93 is 30.1% below this industry median. Overall, Makstil AD has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's Days Payable compare to NUE and STLD?
Makstil AD's Days Payable of 28.93 can be compared against companies in the Steel industry. The industry median Days Payable is 41.39. Makstil AD's value of 28.93 is 30.1% 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. Makstil AD's current Days Payable of 28.93 is 30.1% 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 Makstil AD 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. Makstil AD's current Days Payable is 28.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makstil AD stock overvalued right now?
Makstil AD (XMAE:STIL) has a current Days Payable of 28.93. The current Days Payable is 28.93 and 30.1% below the Steel industry median of 41.39. Makstil AD's overall GF Score™ is 80/100. 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 Makstil AD (XMAE:STIL), the current Days Payable is 28.93 as of Mar. 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.

Makstil AD Business Description

Address 16 Makedonska brigada, 18, Skopje, MKD, 1000
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
80GF Score

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

MKD122.00
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