Viet Nam Steel (HSTC:TVN) Days Payable: 14.98 (As of Mar. 2026) — 20% Below Median

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HSTC:TVN Viet Nam Steel Corp HSTC:TVN
72 GF Score
Price ₫10,600.00
GF Value ₫10,506.30
Valuation Fairly Valued
! 7 Warning Signs
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What is Viet Nam Steel Days Payable?

Viet Nam Steel HSTC:TVN -6.19% 72 Days Payable is 14.98 as of Mar. 2026, which is 20% below its 10-year median of 18.79. GuruFocus rates HSTC:TVN with a GF Score™ of 72/100 and a GF Value™ of ₫10,506.30 (Fairly Valued). The stock has 7 warning signs investors should review. Among 598 Steel companies, Viet Nam Steel ranks worse than 82.11% on this metric.

Viet Nam Steel's average Accounts Payable for the three months ended in Mar. 2026 was ₫2,130,865 Mil. Viet Nam Steel's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫12,983,111 Mil. Hence, Viet Nam Steel's Days Payable for the three months ended in Mar. 2026 was 14.98.

The historical rank and industry rank for Viet Nam Steel's Days Payable or its related term are showing as below:

HSTC:TVN' s Days Payable Range Over the Past 10 Years
Min: 14.1   Med: 18.79   Max: 26.41
Current: 16.75

During the past 8 years, Viet Nam Steel's highest Days Payable was 26.41. The lowest was 14.10. And the median was 18.79.

HSTC:TVN's Days Payable is ranked worse than
82.11% of 598 companies
in the Steel industry
Industry Median: 41.385 vs HSTC:TVN: 16.75

Viet Nam Steel's Days Payable declined from Mar. 2025 (19.27) to Mar. 2026 (14.98). It may suggest that Viet Nam Steel accelerated paying its suppliers.


Viet Nam Steel Days Payable Historical Data

* Premium members only.

The historical data trend for Viet Nam Steel'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.

Viet Nam Steel Days Payable Chart

Viet Nam Steel Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 19.74 17.58 14.10 17.63 18.67

Viet Nam Steel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.27 17.15 19.36 16.69 14.98

HSTC:TVN vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Viet Nam Steel'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.


Viet Nam Steel Days Payable vs Steel Industry

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

* The bar in red indicates where Viet Nam Steel's Days Payable falls into.


HSTC:TVN
72GF Score
Viet Nam Steel Corp HSTC:TVN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viet Nam Steel 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.

Viet Nam Steel'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
=( (2066570.84 + 2294744.654) / 2 ) / 42638727.572*365
=2180657.747 / 42638727.572*365
=18.67

Viet Nam Steel's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2294744.654 + 1966984.374) / 2 ) / 12983110.601*365 / 4
=2130864.514 / 12983110.601*365 / 4
=14.98

* 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 14.98 mean?
Viet Nam Steel (HSTC:TVN) has a Days Payable of 14.98 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Viet Nam Steel and its competitors. This is 20% below median its historical median of 18.79. Over the past decade, Viet Nam Steel's Days Payable has ranged from 14.10 to 26.41. According to the industry distribution chart, Viet Nam Steel ranks #491 out of 598 companies in the Steel industry, placing it in the top 82.1%.
Is Viet Nam Steel's Days Payable too high?
Viet Nam Steel's current Days Payable of 14.98 is 20% below median its 10-year median of 18.79. Over the past 10 years, this metric has ranged from a low of 14.10 to a high of 26.41. The Steel industry median Days Payable is 41.39. Viet Nam Steel's value of 14.98 is 63.8% below this industry median. Based on the distribution chart, Viet Nam Steel ranks #491 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Viet Nam Steel has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Viet Nam Steel ranks #491 out of 598 companies for Days Payable. This places Viet Nam Steel in the lower half of its industry. The industry median Days Payable is 41.39. Viet Nam Steel's value of 14.98 is 63.8% below this benchmark. Historically, Viet Nam Steel's own Days Payable has ranged from 14.10 to 26.41 over the past decade. While the company's 10-year median is 18.79 vs. the industry median of 41.39, Viet Nam Steel has consistently been below 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 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. Viet Nam Steel's current Days Payable of 14.98 is 63.8% below 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 Viet Nam Steel 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. Viet Nam Steel's current Days Payable is 14.98, which is 20% below median its own 10-year median of 18.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Steel stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Steel (HSTC:TVN) is currently considered Fairly Valued. The stock's GF Value™ is ₫10,506.30, compared to a current price of ₫10,600.00 — trading 0.9% above its estimated fair value. The current Days Payable is 14.98, which is 20% below median its 10-year median of 18.79 and 63.8% below the Steel industry median of 41.39. Viet Nam Steel's overall GF Score™ is 72/100 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 Viet Nam Steel (HSTC:TVN), the current Days Payable is 14.98 as of Mar. 2026. 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 Viet Nam Steel (HSTC:TVN) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Nam Steel stock appears to be overvalued. The current stock price of ₫10,600.00 is trading 0.9% above its estimated GF Value™ of ₫10,506.30. GuruFocus considers Viet Nam Steel to be Fairly Valued.

Key valuation signals for HSTC:TVN:

  • Days Payable: 14.98 (20% below median its 10-year median of 18.79)
  • GF Value™: ₫10,506.30 vs. price of ₫10,600.00 (0.9% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 63.8% below the Steel median (#491 of 598)

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


Viet Nam Steel Business Description

Address No. 91 Lang Ha, Dong Da District, Hanoi, VNM
Viet Nam Steel Corp is engaged units in the steel production and metal trading industry. The Corporation's main mission is to build and develop a multi-sector business model with the core activity being the production and trading of steel products.
72GF Score

Get the complete analysis for HSTC:TVN

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

₫10,600.00
Price
₫10,506.30
GF Value