Tung Mung Development CoROCO:1480 32 Days Payable is 10.30 as of Dec. 2025, which is 2% below its 10-year median of 10.54. GuruFocus rates ROCO:1480 with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 597 Steel companies, Tung Mung Development Co ranks worse than 87.27% on this metric.
* 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.
ROCO:1480 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Tung Mung Development 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.
Tung Mung Development Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Tung Mung Development Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tung Mung Development Co's Days Payable falls into.
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.
Tung Mung Development 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.
Tung Mung Development Co (ROCO:1480) has a Days Payable of 10.30 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 Tung Mung Development Co and its competitors. This is near median its historical median of 10.54. Over the past decade, Tung Mung Development Co's Days Payable has ranged from 8.09 to 23.04. According to the industry distribution chart, Tung Mung Development Co ranks #521 out of 597 companies in the Steel industry, placing it in the top 87.3%.
Is Tung Mung Development Co's Days Payable too high?
Tung Mung Development Co's current Days Payable of 10.30 is near median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 8.09 to a high of 23.04. The Steel industry median Days Payable is 41.39. Tung Mung Development Co's value of 10.30 is 75.1% below this industry median. Based on the distribution chart, Tung Mung Development Co ranks #521 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tung Mung Development Co has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Tung Mung Development Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Tung Mung Development Co ranks #521 out of 597 companies for Days Payable. This places Tung Mung Development Co in the lower half of its industry. The industry median Days Payable is 41.39. Tung Mung Development Co's value of 10.30 is 75.1% below this benchmark. Historically, Tung Mung Development Co's own Days Payable has ranged from 8.09 to 23.04 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 41.39, Tung Mung Development Co 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 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. Tung Mung Development Co's current Days Payable of 10.30 is 75.1% 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 Tung Mung Development 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. Tung Mung Development Co's current Days Payable is 10.30, which is near median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Mung Development Co stock overvalued right now?
Tung Mung Development Co (ROCO:1480) has a current Days Payable of 10.30. The current Days Payable is 10.30, which is near median its 10-year median of 10.54 and 75.1% below the Steel industry median of 41.39. Tung Mung Development Co's overall GF Score™ is 32/100 with 4 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 Tung Mung Development Co (ROCO:1480), the current Days Payable is 10.30 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.
Tung Mung Development Co Ltd engages in manufacturing stainless steel products. The firm produces steel grades, stainless steel coils, and stainless steel sheets.
32GF Score
Get the complete analysis for ROCO:1480
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:1480 has been successfully added to your 
