* 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:5014 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Chain Chon Industrial 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.
Chain Chon Industrial Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Chain Chon Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Chain Chon Industrial 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.
Chain Chon Industrial 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.
Chain Chon Industrial Co (ROCO:5014) has a Days Payable of 1.43 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 Chain Chon Industrial Co and its competitors. This is 34% below median its historical median of 2.17. Over the past decade, Chain Chon Industrial Co's Days Payable has ranged from 1.32 to 6.58. According to the industry distribution chart, Chain Chon Industrial Co ranks #588 out of 597 companies in the Steel industry, placing it in the top 98.5%.
Is Chain Chon Industrial Co's Days Payable too high?
Chain Chon Industrial Co's current Days Payable of 1.43 is 34% below median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 6.58. The Steel industry median Days Payable is 41.39. Chain Chon Industrial Co's value of 1.43 is 96.5% below this industry median. Based on the distribution chart, Chain Chon Industrial Co ranks #588 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Chain Chon Industrial Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chain Chon Industrial Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Chain Chon Industrial Co ranks #588 out of 597 companies for Days Payable. This places Chain Chon Industrial Co in the lower half of its industry. The industry median Days Payable is 41.39. Chain Chon Industrial Co's value of 1.43 is 96.5% below this benchmark. Historically, Chain Chon Industrial Co's own Days Payable has ranged from 1.32 to 6.58 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 41.39, Chain Chon Industrial 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. Chain Chon Industrial Co's current Days Payable of 1.43 is 96.5% 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 Chain Chon Industrial 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. Chain Chon Industrial Co's current Days Payable is 1.43, which is 34% below median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chain Chon Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chain Chon Industrial Co (ROCO:5014) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.37, compared to a current price of NT$11.00 — trading 11.1% below its estimated fair value. The current Days Payable is 1.43, which is 34% below median its 10-year median of 2.17 and 96.5% below the Steel industry median of 41.39. Chain Chon Industrial Co's overall GF Score™ is 55/100 with 8 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 Chain Chon Industrial Co (ROCO:5014), the current Days Payable is 1.43 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 Chain Chon Industrial Co (ROCO:5014) Overvalued in 2026?
Based on GuruFocus' analysis, Chain Chon Industrial Co stock appears to be undervalued.
The current stock price of NT$11.00 is trading 11.1% below its estimated GF Value™ of NT$12.37.
GuruFocus considers Chain Chon Industrial Co to be Modestly Undervalued.
Key valuation signals for ROCO:5014:
Days Payable: 1.43 (34% below median its 10-year median of 2.17)
GF Value™: NT$12.37 vs. price of NT$11.00 (11.1% below fair value)
Industry Position: 96.5% below the Steel median (#588 of 597)
No single metric tells the full story. See the ROCO:5014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chain Chon Industrial Co Ltd is mainly engaged in cutting, strip processing, and selling of stainless steel sheets, stainless steel rolls, steel and iron materials, as well as various hardware materials.. It processes and markets cold-rolled and hot-rolled stainless steel coils, sheets, checker plates, strips, angles, flat bars, welded H-beams, and polished coils or sheets. The company generates maximum revenue from Stainless steel coil.
55GF Score
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