* 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.
FRA:34T1 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Tiangong International Co's Days Payable, along with its competitors' market caps and Days Payable 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.
Tiangong International Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Tiangong International Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tiangong International Co's Days Payable falls into.
Tiangong International Co Days Payable Calculation
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Tiangong International Co's Days Payable for the fiscal year that 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.
Tiangong International Co (FRA:34T1) has a Days Payable of 116.99 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tiangong International Co and its competitors. This is near median its historical median of 118.29. Over the past decade, Tiangong International Co's Days Payable has ranged from 107.67 to 135.79. According to the industry distribution chart, Tiangong International Co ranks #82 out of 597 companies in the Steel industry, placing it in the top 13.7%.
Is Tiangong International Co's Days Payable too high?
Tiangong International Co's current Days Payable of 116.99 is near median its 10-year median of 118.29. Over the past 10 years, this metric has ranged from a low of 107.67 to a high of 135.79. The Steel industry median Days Payable is 41.39. Tiangong International Co's value of 116.99 is 182.7% above this industry median. Based on the distribution chart, Tiangong International Co ranks #82 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tiangong International Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Tiangong International Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tiangong International Co ranks #82 out of 597 companies for Days Payable. This places Tiangong International Co in the top 14% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.39. Tiangong International Co's value of 116.99 is 182.7% above this benchmark. Historically, Tiangong International Co's own Days Payable has ranged from 107.67 to 135.79 over the past decade. While the company's 10-year median is 118.29 vs. the industry median of 41.39, Tiangong International Co 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 Payable for a Steel company?
The median Days Payable among Steel companies is 41.39, based on 597 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tiangong International Co's current Days Payable of 116.99 is 182.7% 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tiangong International Co and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiangong International Co's current Days Payable is 116.99, which is near median its own 10-year median of 118.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiangong International Co stock overvalued right now?
Tiangong International Co (FRA:34T1) has a current Days Payable of 116.99. The stock's GF Value™ is €0.27, compared to a current price of €0.41 — trading 52.6% above its estimated fair value. The current Days Payable is 116.99, which is near median its 10-year median of 118.29 and 182.7% above the Steel industry median of 41.39. Tiangong International Co's overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Tiangong International Co (FRA:34T1), the current Days Payable is 116.99 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 Tiangong International Co (FRA:34T1) Overvalued in 2026?
Based on GuruFocus' analysis, Tiangong International Co stock appears to be overvalued.
The current stock price of €0.41 is trading 52.6% above its estimated GF Value™ of €0.27.
Key valuation signals for FRA:34T1:
Days Payable: 116.99 (near median its 10-year median of 118.29)
GF Value™: €0.27 vs. price of €0.41 (52.6% above fair value)
Industry Position: 182.7% above the Steel median (#82 of 597)
No single metric tells the full story. See the FRA:34T1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tiangong International Co Ltd is engaged in the manufacturing and sales of high alloy steel, cutting tools, titanium alloy, trading of goods, and others. The reportable segments of the company are, the DS segment, which derives majority revenue, manufactures and sells materials that are used in the die set manufacturing industry; the HSS segment manufactures and sells materials that are used in the tools manufacturing industry; the cutting tools segment manufactures and sells HSS and carbide cutting tools to the tooling industry; the Titanium alloy segment manufactures and sells titanium alloys to the titanium industry; and the Others segment assembles and sells power tool kits. The company operates in PRC, North America, Europe, Asia (other than the PRC), and other regions.
77GF Score
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