CLF (Cleveland-Cliffs) Days Sales Outstanding: 34.28 (As of Jun. 2026) — 16% Above Median

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CLF Cleveland-Cliffs Inc CLF
75 GF Score
Price $11.54
GF Value $11.24
Valuation Fairly Valued
! 8 Warning Signs
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What is Cleveland-Cliffs Days Sales Outstanding?

Cleveland-Cliffs CLF +0.17% 75 Days Sales Outstanding is 34.28 as of Jun. 2026, which is 16% above its 10-year median of 29.63. GuruFocus rates CLF with a GF Score™ of 75/100 and a GF Value™ of $11.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 606 Steel companies, Cleveland-Cliffs ranks better than 68.48% on this metric.

Cleveland-Cliffs's average Accounts Receivable for the three months ended in Jun. 2026 was $1,963 Mil. Cleveland-Cliffs's Revenue for the three months ended in Jun. 2026 was $5,226 Mil. Hence, Cleveland-Cliffs's Days Sales Outstanding for the three months ended in Jun. 2026 was 34.28.

The historical rank and industry rank for Cleveland-Cliffs's Days Sales Outstanding or its related term are showing as below:

CLF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.83   Med: 29.63   Max: 43.05
Current: 34.03

During the past 13 years, Cleveland-Cliffs's highest Days Sales Outstanding was 43.05. The lowest was 19.83. And the median was 29.63.

CLF's Days Sales Outstanding is ranked better than
68.48% of 606 companies
in the Steel industry
Industry Median: 50.5 vs CLF: 34.03

Cleveland-Cliffs's Days Sales Outstanding increased from Jun. 2025 (33.11) to Jun. 2026 (34.28).


Cleveland-Cliffs  (NYSE:CLF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Cleveland-Cliffs Days Sales Outstanding Related Terms


Cleveland-Cliffs Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Cleveland-Cliffs's Days Sales Outstanding 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.

Cleveland-Cliffs Days Sales Outstanding Chart

Cleveland-Cliffs Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.66 32.66 31.53 32.50 29.60

Cleveland-Cliffs Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Sales Outstanding 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 33.11 34.50 34.26 30.81 34.28

CLF vs TX, WS, NWPX: Days Sales Outstanding Comparison

For the Steel subindustry, Cleveland-Cliffs's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Cleveland-Cliffs Days Sales Outstanding vs Steel Industry

For the Steel industry and Basic Materials sector, Cleveland-Cliffs's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cleveland-Cliffs's Days Sales Outstanding falls into.


CLF
75GF Score
Cleveland-Cliffs Inc CLF
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleveland-Cliffs Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Cleveland-Cliffs's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (1576 + 1442) / 2 ) / 18610*365
=1509 / 18610*365
=29.60

Cleveland-Cliffs's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (1882 + 2044) / 2 ) / 5226*365 / 4
=1963 / 5226*365 / 4
=34.28

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 34.28 mean?
Cleveland-Cliffs (CLF) has a Days Sales Outstanding of 34.28 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Cleveland-Cliffs and its competitors. This is 16% above median its historical median of 29.63. Over the past decade, Cleveland-Cliffs' Days Sales Outstanding has ranged from 19.83 to 43.05. According to the industry distribution chart, Cleveland-Cliffs ranks #191 out of 606 companies in the Steel industry, placing it in the top 31.5%.
Is Cleveland-Cliffs' Days Sales Outstanding too high?
Cleveland-Cliffs' current Days Sales Outstanding of 34.28 is 16% above median its 10-year median of 29.63. Over the past 10 years, this metric has ranged from a low of 19.83 to a high of 43.05. The Steel industry median Days Sales Outstanding is 50.50. Cleveland-Cliffs' value of 34.28 is 32.1% below this industry median. Based on the distribution chart, Cleveland-Cliffs ranks #191 out of 606 companies in the Steel industry, which is above the industry midpoint. Overall, Cleveland-Cliffs has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cleveland-Cliffs' Days Sales Outstanding compare to TX and WS?
According to the Steel industry distribution chart, Cleveland-Cliffs ranks #191 out of 606 companies for Days Sales Outstanding. This puts Cleveland-Cliffs in the upper half of its industry. The industry median Days Sales Outstanding is 50.50. Cleveland-Cliffs' value of 34.28 is 32.1% below this benchmark. Historically, Cleveland-Cliffs' own Days Sales Outstanding has ranged from 19.83 to 43.05 over the past decade. While the company's 10-year median is 29.63 vs. the industry median of 50.50, Cleveland-Cliffs 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 Sales Outstanding for a Steel company?
The median Days Sales Outstanding among Steel companies is 50.50, based on 606 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cleveland-Cliffs's current Days Sales Outstanding of 34.28 is 32.1% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Cleveland-Cliffs and its competitors. For the Steel industry, the median Days Sales Outstanding is 50.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleveland-Cliffs's current Days Sales Outstanding is 34.28, which is 16% above median its own 10-year median of 29.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleveland-Cliffs stock overvalued right now?
Based on GuruFocus' analysis, Cleveland-Cliffs (CLF) is currently considered Fairly Valued. The stock's GF Value™ is $11.24, compared to a current price of $11.54 — trading 2.7% above its estimated fair value. The current Days Sales Outstanding is 34.28, which is 16% above median its 10-year median of 29.63 and 32.1% below the Steel industry median of 50.50. Cleveland-Cliffs' overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Cleveland-Cliffs (CLF), the current Days Sales Outstanding is 34.28 as of Jun. 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 Cleveland-Cliffs (CLF) Overvalued in 2026?

Based on GuruFocus' analysis, Cleveland-Cliffs stock appears to be overvalued. The current stock price of $11.54 is trading 2.7% above its estimated GF Value™ of $11.24. GuruFocus considers Cleveland-Cliffs to be Fairly Valued.

Key valuation signals for CLF:

  • Days Sales Outstanding: 34.28 (16% above median its 10-year median of 29.63)
  • GF Value™: $11.24 vs. price of $11.54 (2.7% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 32.1% below the Steel median (#191 of 606)

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


Cleveland-Cliffs Business Description

Address 200 Public Square, Suite 3300, Cleveland, OH, USA, 44114-2315
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
75GF Score

Get the complete analysis for CLF

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

$11.54
Price
$11.24
GF Value