ZEUS (Olympic Steel) Days Payable: 35.22 (As of Sep. 2025) — 45% Above Median


ZEUS Olympic Steel Inc ZEUS
58 GF Score
Price $47.86
GF Value $36.41
! 8 Warning Signs
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What is Olympic Steel Days Payable?

Olympic Steel ZEUS +0.06% 58 Days Payable is 35.22 as of Sep. 2025, which is 45% above its 10-year median of 24.26. GuruFocus rates ZEUS with a GF Score™ of 58/100 and a GF Value™ of $36.41. The stock has 8 warning signs investors should review.

Olympic Steel's average Accounts Payable for the three months ended in Sep. 2025 was $144 Mil. Olympic Steel's Cost of Goods Sold for the three months ended in Sep. 2025 was $373 Mil. Hence, Olympic Steel's Days Payable for the three months ended in Sep. 2025 was 35.22.

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

ZEUS' s Days Payable Range Over the Past 10 Years
Min: 22.01   Med: 24.26   Max: 32.25
Current: 32.25

During the past 13 years, Olympic Steel's highest Days Payable was 32.25. The lowest was 22.01. And the median was 24.26.

ZEUS's Days Payable is not ranked
in the Steel industry.
Industry Median: 41.39 vs ZEUS: 32.25

Olympic Steel's Days Payable increased from Sep. 2024 (30.71) to Sep. 2025 (35.22). It may suggest that Olympic Steel delayed paying its suppliers.


Olympic Steel Days Payable Historical Data

* Premium members only.

The historical data trend for Olympic 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.

Olympic Steel Days Payable Chart

Olympic Steel 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 29.22 23.89 22.01 23.96 24.55

Olympic Steel Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 30.71 30.02 26.91 34.67 35.22

ZEUS vs MSB, NWPX, MTUS: Days Payable Comparison

For the Steel subindustry, Olympic 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.


Olympic Steel Days Payable vs Steel Industry

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

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


ZEUS
58GF Score
Olympic Steel Inc ZEUS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Olympic 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.

Olympic Steel'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
=( (119.718 + 80.743) / 2 ) / 1490.491*365
=100.2305 / 1490.491*365
=24.55

Olympic Steel's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (144.572 + 143.384) / 2 ) / 373.029*365 / 4
=143.978 / 373.029*365 / 4
=35.22

* 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 35.22 mean?
Olympic Steel (ZEUS) has a Days Payable of 35.22 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Olympic Steel and its competitors. This is 45% above median its historical median of 24.26. Over the past decade, Olympic Steel's Days Payable has ranged from 22.01 to 32.25.
Is Olympic Steel's Days Payable too high?
Olympic Steel's current Days Payable of 35.22 is 45% above median its 10-year median of 24.26. Over the past 10 years, this metric has ranged from a low of 22.01 to a high of 32.25. The Steel industry median Days Payable is 41.39. Olympic Steel's value of 35.22 is 14.9% below this industry median. Overall, Olympic Steel has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Olympic Steel's Days Payable compare to MSB and NWPX?
Olympic Steel's Days Payable of 35.22 can be compared against companies in the Steel industry. The industry median Days Payable is 41.39. Olympic Steel's value of 35.22 is 14.9% below this benchmark. Historically, Olympic Steel's own Days Payable has ranged from 22.01 to 32.25 over the past decade. While the company's 10-year median is 24.26 vs. the industry median of 41.39, Olympic Steel has consistently been below 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. Olympic Steel's current Days Payable of 35.22 is 14.9% 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 Olympic Steel 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. Olympic Steel's current Days Payable is 35.22, which is 45% above median its own 10-year median of 24.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Steel stock overvalued right now?
Olympic Steel (ZEUS) has a current Days Payable of 35.22. The stock's GF Value™ is $36.41, compared to a current price of $47.86 — trading 31.4% above its estimated fair value. The current Days Payable is 35.22, which is 45% above median its 10-year median of 24.26 and 14.9% below the Steel industry median of 41.39. Olympic Steel's overall GF Score™ is 58/100 with 8 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 Olympic Steel (ZEUS), the current Days Payable is 35.22 as of Sep. 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 Olympic Steel (ZEUS) Overvalued in 2026?

Based on GuruFocus' analysis, Olympic Steel stock appears to be overvalued. The current stock price of $47.86 is trading 31.4% above its estimated GF Value™ of $36.41.

Key valuation signals for ZEUS:

  • Days Payable: 35.22 (45% above median its 10-year median of 24.26)
  • GF Value™: $36.41 vs. price of $47.86 (31.4% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 14.9% below the Steel median

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


Olympic Steel Business Description

Address 22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
58GF Score

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

$47.86
Price
$36.41
GF Value