Mayer Steel PipeTPE:2020 +1.17%75 Days Inventory is 495.06 as of Dec. 2025, which is 281% above its 10-year median of 129.91. GuruFocus rates TPE:2020 with a GF Score™ of 75/100 and a GF Value™ of NT$20.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 582 Steel companies, Mayer Steel Pipe ranks worse than 97.08% on this metric.
The historical rank and industry rank for Mayer Steel Pipe's Days Inventory or its related term are showing as below:
TPE:2020'
s Days Inventory Range Over the Past 10 Years
Min: 119.8 Med: 129.91 Max: 380.25
Current: 380.25
During the past 13 years, Mayer Steel Pipe's highest Days Inventory was 380.25. The lowest was 119.80. And the median was 129.91.
TPE:2020's Days Inventory is ranked worse than 97.08% of 582
companies
in the Steel industry
Industry Median: 86.57
vs TPE:2020: 380.25
Mayer Steel Pipe's Days Inventory
increased
from Dec. 2024 (280.41) to Dec. 2025 (495.06).
It might indicate that Mayer Steel Pipe's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mayer Steel Pipe's Inventory Turnover for the
three
months ended in Dec. 2025 was 0.18.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Mayer Steel Pipe's Inventory-to-Revenue for the
three
months ended in Dec. 2025 was 4.36.
Mayer Steel Pipe (TPE:2020) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Mayer Steel Pipe's Inventory Turnover for the
three
months ended in Dec. 2025 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Mayer Steel Pipe's Inventory to Revenue for the
three
months ended in Dec. 2025 is calculated as
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Mayer Steel Pipe Days Inventory Related Terms
Mayer Steel Pipe Days Inventory Historical Data
* Premium members only.
The historical data trend for Mayer Steel Pipe's Days Inventory 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.
TPE:2020 vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Mayer Steel Pipe's Days Inventory, along with its competitors' market caps and Days Inventory 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.
Mayer Steel Pipe Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe's Days Inventory falls into.
* 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.
Mayer Steel Pipe (TPE:2020) has a Days Inventory of 495.06 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mayer Steel Pipe and its competitors. This is 281% above median its historical median of 129.91. Over the past decade, Mayer Steel Pipe's Days Inventory has ranged from 119.80 to 380.25. According to the industry distribution chart, Mayer Steel Pipe ranks #565 out of 582 companies in the Steel industry, placing it in the top 97.1%.
Is Mayer Steel Pipe's Days Inventory too high?
Mayer Steel Pipe's current Days Inventory of 495.06 is 281% above median its 10-year median of 129.91. Over the past 10 years, this metric has ranged from a low of 119.80 to a high of 380.25. The Steel industry median Days Inventory is 86.57. Mayer Steel Pipe's value of 495.06 is 471.9% above this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #565 out of 582 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mayer Steel Pipe has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #565 out of 582 companies for Days Inventory. This places Mayer Steel Pipe in the lower half of its industry. The industry median Days Inventory is 86.57. Mayer Steel Pipe's value of 495.06 is 471.9% above this benchmark. Historically, Mayer Steel Pipe's own Days Inventory has ranged from 119.80 to 380.25 over the past decade. While the company's 10-year median is 129.91 vs. the industry median of 86.57, Mayer Steel Pipe has consistently been above 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 Inventory for a Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayer Steel Pipe's current Days Inventory of 495.06 is 471.9% above 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 Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mayer Steel Pipe and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayer Steel Pipe's current Days Inventory is 495.06, which is 281% above median its own 10-year median of 129.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.94, compared to a current price of NT$21.70 — trading 3.6% above its estimated fair value. The current Days Inventory is 495.06, which is 281% above median its 10-year median of 129.91 and 471.9% above the Steel industry median of 86.57. Mayer Steel Pipe's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current Days Inventory is 495.06 as of Dec. 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?
Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued.
The current stock price of NT$21.70 is trading 3.6% above its estimated GF Value™ of NT$20.94.
GuruFocus considers Mayer Steel Pipe to be Fairly Valued.
Key valuation signals for TPE:2020:
Days Inventory: 495.06 (281% above median its 10-year median of 129.91)
GF Value™: NT$20.94 vs. price of NT$21.70 (3.6% above fair value)
Industry Position: 471.9% above the Steel median (#565 of 582)
No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
75GF Score
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