Steel Dynamics Inc (STLD)
Payables turnover
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 15,812,300 | 14,737,800 | 14,749,400 | 16,142,900 | 13,046,400 |
| Payables | US$ in thousands | 1,231,360 | 979,912 | 1,088,330 | 1,017,240 | 1,280,560 |
| Payables turnover | 12.84 | 15.04 | 13.55 | 15.87 | 10.19 |
December 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $15,812,300K ÷ $1,231,360K
= 12.84
Peer comparison
Dec 31, 2025
Company name
Symbol
Payables turnover
Steel Dynamics Inc
STLD
12.84
Commercial Metals Company
CMC
18.36
Nucor Corp
NUE
15.14