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TMP SteelROCO:6248 +0.59%74 Days Payable is 11.58 as of Jun. 2026, which is 57% below its 10-year median of 26.76. GuruFocus rates ROCO:6248 with a GF Score™ of 74/100 and a GF Value™ of NT$16.94 (Fairly Valued). The stock has 8 warning signs investors should review. Among 597 Steel companies, TMP Steel ranks worse than 91.79% on this metric.
TMP Steel's average Accounts Payable for the
three
months ended in Jun. 2026 was NT$188 Mil. TMP Steel's Cost of Goods Sold for the
three
months ended in Jun. 2026 was NT$1,480 Mil.
Hence, TMP Steel's Days Payable for the
three
months ended in Jun. 2026 was 11.58.
The historical rank and industry rank for TMP Steel's Days Payable or its related term are showing as below:
ROCO:6248'
s Days Payable Range Over the Past 10 Years
Min: 9.2 Med: 26.76 Max: 68.64
Current: 9.2
During the past 13 years, TMP Steel's highest Days Payable was 68.64. The lowest was 9.20. And the median was 26.76.
ROCO:6248's Days Payable is ranked worse than 91.79% of 597
companies
in the Steel industry
Industry Median: 42.69
vs ROCO:6248: 9.20
TMP Steel's Days Payable
increased
from Jun. 2025 (9.90) to Jun. 2026 (11.58).
It may suggest that TMP Steeldelayed paying its suppliers.
The historical data trend for TMP 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.
ROCO:6248 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, TMP 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.
TMP Steel Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, TMP Steel's Days Payable distribution charts can be found below:
* The bar in red indicates where TMP Steel'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.
TMP Steel'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.
TMP Steel (ROCO:6248) has a Days Payable of 11.58 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 TMP Steel and its competitors. This is 57% below median its historical median of 26.76. Over the past decade, TMP Steel's Days Payable has ranged from 9.20 to 68.64. According to the industry distribution chart, TMP Steel ranks #548 out of 597 companies in the Steel industry, placing it in the top 91.8%.
Is TMP Steel's Days Payable too high?
TMP Steel's current Days Payable of 11.58 is 57% below median its 10-year median of 26.76. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 68.64. The Steel industry median Days Payable is 42.69. TMP Steel's value of 11.58 is 72.9% below this industry median. Based on the distribution chart, TMP Steel ranks #548 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, TMP Steel has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TMP Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, TMP Steel ranks #548 out of 597 companies for Days Payable. This places TMP Steel in the lower half of its industry. The industry median Days Payable is 42.69. TMP Steel's value of 11.58 is 72.9% below this benchmark. Historically, TMP Steel's own Days Payable has ranged from 9.20 to 68.64 over the past decade. While the company's 10-year median is 26.76 vs. the industry median of 42.69, TMP 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 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. TMP Steel's current Days Payable of 11.58 is 72.9% 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 TMP Steel 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. TMP Steel's current Days Payable is 11.58, which is 57% below median its own 10-year median of 26.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMP Steel stock overvalued right now?
Based on GuruFocus' analysis, TMP Steel (ROCO:6248) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.94, compared to a current price of NT$17.15 — trading 1.2% above its estimated fair value. The current Days Payable is 11.58, which is 57% below median its 10-year median of 26.76 and 72.9% below the Steel industry median of 42.69. TMP Steel's overall GF Score™ is 74/100 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 TMP Steel (ROCO:6248), the current Days Payable is 11.58 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 TMP Steel (ROCO:6248) Overvalued in 2026?
Based on GuruFocus' analysis, TMP Steel stock appears to be overvalued.
The current stock price of NT$17.15 is trading 1.2% above its estimated GF Value™ of NT$16.94.
GuruFocus considers TMP Steel to be Fairly Valued.
Key valuation signals for ROCO:6248:
Days Payable: 11.58 (57% below median its 10-year median of 26.76)
GF Value™: NT$16.94 vs. price of NT$17.15 (1.2% above fair value)
Industry Position: 72.9% below the Steel median (#548 of 597)
No single metric tells the full story. See the ROCO:6248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TMP Steel Corp is a Taiwan-based company engaged in offering steel products. It is engaged in the wholesale of hardware and building materials and the manufacture and sale of its components. The company provides steel bars and reinforcement processing solutions to customers. Geographically, the company operates and derives revenue only from Taiwan.
74GF Score
Get the complete analysis for ROCO:6248
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