Steel Dynamics Inc (STLD)
Payables turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 15,791,630 | 15,330,050 | 14,996,110 | 14,907,250 | 14,737,800 | 14,809,940 | 14,708,580 | 14,625,550 | 14,749,430 | 15,085,630 | 15,637,870 | 16,192,640 | 16,142,950 | 15,853,030 | 15,153,410 | 14,089,490 | 13,046,430 | 11,656,600 | 10,206,960 | 8,751,210 |
| Payables | US$ in thousands | 1,231,360 | 1,214,760 | 1,227,180 | 1,257,690 | 979,912 | 1,079,820 | 1,213,410 | 1,183,590 | 1,088,330 | 1,060,180 | 1,048,580 | 1,138,970 | 1,017,240 | 1,165,150 | 1,380,810 | 1,213,560 | 1,280,560 | 1,220,440 | 1,183,600 | 1,134,670 |
| Payables turnover | 12.82 | 12.62 | 12.22 | 11.85 | 15.04 | 13.72 | 12.12 | 12.36 | 13.55 | 14.23 | 14.91 | 14.22 | 15.87 | 13.61 | 10.97 | 11.61 | 10.19 | 9.55 | 8.62 | 7.71 |
December 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $15,791,630K ÷ $1,231,360K
= 12.82
Peer comparison
Dec 31, 2025
Company name
Symbol
Payables turnover
Steel Dynamics Inc
STLD
12.82
Commercial Metals Company
CMC
18.36
Nucor Corp
NUE
15.14