Makstil AD (XMAE:STIL) Days Payable: 0.00 (As of Dec. 2025)

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XMAE:STIL Makstil AD XMAE:STIL
73 GF Score
Price MKD119.00
GF Value MKD107.98
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Makstil AD Days Payable?

Makstil AD XMAE:STIL 73 Days Payable is 0.00 as of Dec. 2025. GuruFocus rates XMAE:STIL with a GF Score™ of 73/100 and a GF Value™ of MKD107.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Makstil AD ranks worse than 66.05% on this metric.

Makstil AD's average Accounts Payable for the three months ended in Dec. 2025 was MKD572 Mil. Makstil AD's Cost of Goods Sold for the three months ended in Dec. 2025 was MKD0 Mil.

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 Range Over the Past 10 Years
Min: 28.81   Med: 54.2   Max: 84.12
Current: 28.81

During the past 13 years, Makstil AD's highest Days Payable was 84.12. The lowest was 28.81. And the median was 54.20.

XMAE:STIL's Days Payable is ranked worse than
66.05% of 598 companies
in the Steel industry
Industry Median: 41.31 vs XMAE:STIL: 28.81

Makstil AD's Days Payable declined from Jun. 2024 (144.72) to Dec. 2025 (0.00). 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 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.56 31.22 35.33 32.18 32.93

Makstil AD Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 144.72 124.67 26.04 28.93 0.00

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
73GF Score
Makstil AD XMAE:STIL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 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
=( (708.358 + 571.503) / 2 ) / 7092.003*365
=639.9305 / 7092.003*365
=32.93

Makstil AD'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: Mar. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0 + 571.503) / 1 ) / 0*365 / 4
=571.503 / 0*365 / 4
=N/A

* 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 0.00 mean?
Makstil AD (XMAE:STIL) has a Days Payable of 0.00 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 Makstil AD and its competitors. Over the past decade, Makstil AD's Days Payable has ranged from 28.81 to 84.12. According to the industry distribution chart, Makstil AD ranks #395 out of 598 companies in the Steel industry, placing it in the top 66.1%.
Is Makstil AD's Days Payable too high?
Makstil AD's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 28.81 to a high of 84.12. Based on the distribution chart, Makstil AD ranks #395 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Makstil AD has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Makstil AD ranks #395 out of 598 companies for Days Payable. This places Makstil AD in the lower half of its industry. The industry median Days Payable is 41.31. Historically, Makstil AD's own Days Payable has ranged from 28.81 to 84.12 over the past decade. 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 41.31, 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. 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 41.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makstil AD's current Days Payable is 0.00. 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?
Based on GuruFocus' analysis, Makstil AD (XMAE:STIL) is currently considered Fairly Valued. The stock's GF Value™ is MKD107.98, compared to a current price of MKD119.00 — trading 10.2% above its estimated fair value. The current Days Payable is 0.00. Makstil AD's overall GF Score™ is 73/100 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 Makstil AD (XMAE:STIL), the current Days Payable is 0.00 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 Makstil AD (XMAE:STIL) Overvalued in 2026?

Based on GuruFocus' analysis, Makstil AD stock appears to be overvalued. The current stock price of MKD119.00 is trading 10.2% above its estimated GF Value™ of MKD107.98. GuruFocus considers Makstil AD to be Fairly Valued.

Key valuation signals for XMAE:STIL:

  • Days Payable: 0.00
  • GF Value™: MKD107.98 vs. price of MKD119.00 (10.2% above fair value)
  • GF Score™: 73/100 with 4 warning signs

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


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.
73GF Score

Get the complete analysis for XMAE:STIL

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

MKD119.00
Price
MKD107.98
GF Value