Deep Source Holdings (FRA:TM4C) Days Payable: 172.29 (As of Dec. 2025) — 274% Above Median

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FRA:TM4C Deep Source Holdings Ltd FRA:TM4C
53 GF Score
Price €0.06
GF Value €0.02
! 7 Warning Signs
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What is Deep Source Holdings Days Payable?

Deep Source Holdings FRA:TM4C 53 Days Payable is 172.29 as of Dec. 2025, which is 274% above its 10-year median of 46.08. GuruFocus rates FRA:TM4C with a GF Score™ of 53/100 and a GF Value™ of €0.02. The stock has 7 warning signs investors should review. Among 598 Steel companies, Deep Source Holdings ranks better than 93.48% on this metric.

Deep Source Holdings's average Accounts Payable for the six months ended in Dec. 2025 was €1,116 Mil. Deep Source Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was €1,183 Mil. Hence, Deep Source Holdings's Days Payable for the six months ended in Dec. 2025 was 172.29.

The historical rank and industry rank for Deep Source Holdings's Days Payable or its related term are showing as below:

FRA:TM4C' s Days Payable Range Over the Past 10 Years
Min: 25.77   Med: 46.08   Max: 180.88
Current: 177.31

During the past 13 years, Deep Source Holdings's highest Days Payable was 180.88. The lowest was 25.77. And the median was 46.08.

FRA:TM4C's Days Payable is ranked better than
93.48% of 598 companies
in the Steel industry
Industry Median: 41.31 vs FRA:TM4C: 177.31

Deep Source Holdings's Days Payable increased from Dec. 2024 (116.23) to Dec. 2025 (172.29). It may suggest that Deep Source Holdings delayed paying its suppliers.


Deep Source Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Deep Source Holdings's Days Payable 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.

Deep Source Holdings Days Payable Chart

Deep Source Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.31 43.97 44.53 76.07 191.11

Deep Source Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.69 54.70 116.23 189.78 172.29

FRA:TM4C vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Deep Source Holdings'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.


Deep Source Holdings Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Deep Source Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Deep Source Holdings's Days Payable falls into.


FRA:TM4C
53GF Score
Deep Source Holdings Ltd FRA:TM4C
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Deep Source Holdings 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.

Deep Source Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1185.054 + 1175.309) / 2 ) / 2254.006*365
=1180.1815 / 2254.006*365
=191.11

Deep Source Holdings's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1057.622 + 1175.309) / 2 ) / 1182.601*365 / 2
=1116.4655 / 1182.601*365 / 2
=172.29

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 172.29 mean?
Deep Source Holdings (FRA:TM4C) has a Days Payable of 172.29 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 Deep Source Holdings and its competitors. This is 274% above median its historical median of 46.08. Over the past decade, Deep Source Holdings' Days Payable has ranged from 25.77 to 180.88. According to the industry distribution chart, Deep Source Holdings ranks #39 out of 598 companies in the Steel industry, placing it in the top 6.5%.
Is Deep Source Holdings' Days Payable too high?
Deep Source Holdings' current Days Payable of 172.29 is 274% above median its 10-year median of 46.08. Over the past 10 years, this metric has ranged from a low of 25.77 to a high of 180.88. The Steel industry median Days Payable is 41.31. Deep Source Holdings' value of 172.29 is 317.1% above this industry median. Based on the distribution chart, Deep Source Holdings ranks #39 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Deep Source Holdings has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Deep Source Holdings' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Deep Source Holdings ranks #39 out of 598 companies for Days Payable. This places Deep Source Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 41.31. Deep Source Holdings' value of 172.29 is 317.1% above this benchmark. Historically, Deep Source Holdings' own Days Payable has ranged from 25.77 to 180.88 over the past decade. While the company's 10-year median is 46.08 vs. the industry median of 41.31, Deep Source Holdings 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 41.31, based on 598 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. Deep Source Holdings's current Days Payable of 172.29 is 317.1% 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 Deep Source Holdings and its competitors. For the Steel industry, the median Days Payable is 41.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deep Source Holdings's current Days Payable is 172.29, which is 274% above median its own 10-year median of 46.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deep Source Holdings stock overvalued right now?
Deep Source Holdings (FRA:TM4C) has a current Days Payable of 172.29. The stock's GF Value™ is €0.02, compared to a current price of €0.06 — trading 185% above its estimated fair value. The current Days Payable is 172.29, which is 274% above median its 10-year median of 46.08 and 317.1% above the Steel industry median of 41.31. Deep Source Holdings' overall GF Score™ is 53/100 with 7 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 Deep Source Holdings (FRA:TM4C), the current Days Payable is 172.29 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 Deep Source Holdings (FRA:TM4C) Overvalued in 2026?

Based on GuruFocus' analysis, Deep Source Holdings stock appears to be overvalued. The current stock price of €0.06 is trading 185% above its estimated GF Value™ of €0.02.

Key valuation signals for FRA:TM4C:

  • Days Payable: 172.29 (274% above median its 10-year median of 46.08)
  • GF Value™: €0.02 vs. price of €0.06 (185% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 317.1% above the Steel median (#39 of 598)

No single metric tells the full story. See the FRA:TM4C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deep Source Holdings Business Description

Other Exchanges 00990:Hong Kong
Address 168-200 Connaught Road Central, Unit 3401-03, 34th Floor, China Merchants Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Deep Source Holdings Ltd and its subsidiaries are principally engaged in two business segments. The distribution, trading, and processing business segment involves the distribution, trading, and processing of bulk commodities and related products in Hong Kong, Singapore, and the People's Republic of China. Financial services business segment that involves the provision of securities and derivatives financial services, margin financing, and fund management in Hong Kong and Singapore. It generates a vast majority of revenues from the distribution, trading, and processing segment in Singapore.
53GF Score

Get the complete analysis for FRA:TM4C

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.06
Price
€0.02
GF Value