Steel Dynamics Inc (STLD)

Activity ratios

Short-term

Turnover ratios

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Inventory turnover 4.23 4.73 5.10 5.16 3.69
Receivables turnover 10.80 12.38 11.69 10.83 9.61
Payables turnover 12.84 15.04 13.55 15.87 10.19
Working capital turnover 4.17 5.35 4.22 3.97 3.94

Average number of days

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Days of inventory on hand (DOH) days 86.30 77.12 71.63 70.77 98.79
Days of sales outstanding (DSO) days 33.79 29.49 31.23 33.71 38.00
Number of days of payables days 28.42 24.27 26.93 23.00 35.83

See also:

Steel Dynamics Inc Short-term (Operating) Activity Ratios


Long-term

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Fixed asset turnover 4.06 3.87
Total asset turnover 1.11 1.17 1.26 1.57 1.47

See also:

Steel Dynamics Inc Long-term (Investment) Activity Ratios