Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Syong Shun Metal CoROCO:2073 78 Days Payable is 6.95 as of Jun. 2026, which is 55% below its 10-year median of 15.52. GuruFocus rates ROCO:2073 with a GF Score™ of 78/100 and a GF Value™ of NT$31.19 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 597 Steel companies, Syong Shun Metal Co ranks worse than 89.28% on this metric.
The historical rank and industry rank for Syong Shun Metal Co's Days Payable or its related term are showing as below:
ROCO:2073'
s Days Payable Range Over the Past 10 Years
Min: 11.44 Med: 15.52 Max: 21.25
Current: 11.44
During the past 7 years, Syong Shun Metal Co's highest Days Payable was 21.25. The lowest was 11.44. And the median was 15.52.
ROCO:2073's Days Payable is ranked worse than 89.28% of 597
companies
in the Steel industry
Industry Median: 42.69
vs ROCO:2073: 11.44
Syong Shun Metal Co's Days Payable
declined
from Jun. 2025 (14.67) to Jun. 2026 (6.95).
It may suggest that Syong Shun Metal Coaccelerated paying its suppliers.
The historical data trend for Syong Shun Metal Co'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.
ROCO:2073 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Syong Shun Metal 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.
Syong Shun Metal Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Syong Shun Metal Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Syong Shun Metal 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.
Syong Shun Metal 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.
Syong Shun Metal Co (ROCO:2073) has a Days Payable of 6.95 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Syong Shun Metal Co and its competitors. This is 55% below median its historical median of 15.52. Over the past decade, Syong Shun Metal Co's Days Payable has ranged from 11.44 to 21.25. According to the industry distribution chart, Syong Shun Metal Co ranks #533 out of 597 companies in the Steel industry, placing it in the top 89.3%.
Is Syong Shun Metal Co's Days Payable too high?
Syong Shun Metal Co's current Days Payable of 6.95 is 55% below median its 10-year median of 15.52. Over the past 10 years, this metric has ranged from a low of 11.44 to a high of 21.25. The Steel industry median Days Payable is 42.69. Syong Shun Metal Co's value of 6.95 is 83.7% below this industry median. Based on the distribution chart, Syong Shun Metal Co ranks #533 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Syong Shun Metal Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Syong Shun Metal Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Syong Shun Metal Co ranks #533 out of 597 companies for Days Payable. This places Syong Shun Metal Co in the lower half of its industry. The industry median Days Payable is 42.69. Syong Shun Metal Co's value of 6.95 is 83.7% below this benchmark. Historically, Syong Shun Metal Co's own Days Payable has ranged from 11.44 to 21.25 over the past decade. While the company's 10-year median is 15.52 vs. the industry median of 42.69, Syong Shun Metal 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 42.69, 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. Syong Shun Metal Co's current Days Payable of 6.95 is 83.7% 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 Syong Shun Metal Co and its competitors. For the Steel industry, the median Days Payable is 42.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syong Shun Metal Co's current Days Payable is 6.95, which is 55% below median its own 10-year median of 15.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syong Shun Metal Co stock overvalued right now?
Based on GuruFocus' analysis, Syong Shun Metal Co (ROCO:2073) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$31.19, compared to a current price of NT$26.40 — trading 15.4% below its estimated fair value. The current Days Payable is 6.95, which is 55% below median its 10-year median of 15.52 and 83.7% below the Steel industry median of 42.69. Syong Shun Metal Co's overall GF Score™ is 78/100 with 9 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 Syong Shun Metal Co (ROCO:2073), the current Days Payable is 6.95 as of Jun. 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 Syong Shun Metal Co (ROCO:2073) Overvalued in 2026?
Based on GuruFocus' analysis, Syong Shun Metal Co stock appears to be undervalued.
The current stock price of NT$26.40 is trading 15.4% below its estimated GF Value™ of NT$31.19.
GuruFocus considers Syong Shun Metal Co to be Modestly Undervalued.
Key valuation signals for ROCO:2073:
Days Payable: 6.95 (55% below median its 10-year median of 15.52)
GF Value™: NT$31.19 vs. price of NT$26.40 (15.4% below fair value)
Industry Position: 83.7% below the Steel median (#533 of 597)
No single metric tells the full story. See the ROCO:2073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Syong Shun Metal Co Ltd is a processing plant for Panyuan wire rods. It is a midstream manufacturing plant in the steel product industry chain. These wire rods are used for screws and nuts, steel wire and steel cables, hand tools, and automobiles.
78GF Score
Get the complete analysis for ROCO:2073
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:2073 has been successfully added to your 
