Yieh United Steel (ROCO:9957) Days Payable: 17.13 (As of Dec. 2025) — 29% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:9957 Yieh United Steel Corp ROCO:9957
51 GF Score
Price NT$5.92
GF Value NT$5.35
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Yieh United Steel Days Payable?

Yieh United Steel ROCO:9957 +1.02% 51 Days Payable is 17.13 as of Dec. 2025, which is 29% below its 10-year median of 24.00. GuruFocus rates ROCO:9957 with a GF Score™ of 51/100 and a GF Value™ of NT$5.35 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 598 Steel companies, Yieh United Steel ranks worse than 76.92% on this metric.

Yieh United Steel's average Accounts Payable for the six months ended in Dec. 2025 was NT$2,021 Mil. Yieh United Steel's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$21,526 Mil. Hence, Yieh United Steel's Days Payable for the six months ended in Dec. 2025 was 17.13.

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

ROCO:9957' s Days Payable Range Over the Past 10 Years
Min: 19.35   Med: 24   Max: 39.11
Current: 19.83

During the past 13 years, Yieh United Steel's highest Days Payable was 39.11. The lowest was 19.35. And the median was 24.00.

ROCO:9957's Days Payable is ranked worse than
76.92% of 598 companies
in the Steel industry
Industry Median: 41.385 vs ROCO:9957: 19.83

Yieh United Steel's Days Payable declined from Dec. 2024 (24.30) to Dec. 2025 (17.13). It may suggest that Yieh United Steel accelerated paying its suppliers.


Yieh United Steel Days Payable Historical Data

* Premium members only.

The historical data trend for Yieh United 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.

Yieh United Steel Days Payable Chart

Yieh United Steel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.16 28.32 22.96 19.35 21.95

Yieh United Steel Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 17.42 23.84 24.30 20.51 17.13

ROCO:9957 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Yieh United 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.


Yieh United Steel Days Payable vs Steel Industry

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

* The bar in red indicates where Yieh United Steel's Days Payable falls into.


ROCO:9957
51GF Score
Yieh United Steel Corp ROCO:9957
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yieh United 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.

Yieh United 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
=( (2770.167 + 2257.095) / 2 ) / 41789.457*365
=2513.631 / 41789.457*365
=21.95

Yieh United Steel's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (1784.718 + 2257.095) / 2 ) / 21526.186*365 / 2
=2020.9065 / 21526.186*365 / 2
=17.13

* 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 17.13 mean?
Yieh United Steel (ROCO:9957) has a Days Payable of 17.13 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 Yieh United Steel and its competitors. This is 29% below median its historical median of 24.00. Over the past decade, Yieh United Steel's Days Payable has ranged from 19.35 to 39.11. According to the industry distribution chart, Yieh United Steel ranks #460 out of 598 companies in the Steel industry, placing it in the top 76.9%.
Is Yieh United Steel's Days Payable too high?
Yieh United Steel's current Days Payable of 17.13 is 29% below median its 10-year median of 24.00. Over the past 10 years, this metric has ranged from a low of 19.35 to a high of 39.11. The Steel industry median Days Payable is 41.39. Yieh United Steel's value of 17.13 is 58.6% below this industry median. Based on the distribution chart, Yieh United Steel ranks #460 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Yieh United Steel has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yieh United Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Yieh United Steel ranks #460 out of 598 companies for Days Payable. This places Yieh United Steel in the lower half of its industry. The industry median Days Payable is 41.39. Yieh United Steel's value of 17.13 is 58.6% below this benchmark. Historically, Yieh United Steel's own Days Payable has ranged from 19.35 to 39.11 over the past decade. While the company's 10-year median is 24.00 vs. the industry median of 41.39, Yieh United 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. Yieh United Steel's current Days Payable of 17.13 is 58.6% 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 Yieh United 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. Yieh United Steel's current Days Payable is 17.13, which is 29% below median its own 10-year median of 24.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yieh United Steel stock overvalued right now?
Based on GuruFocus' analysis, Yieh United Steel (ROCO:9957) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$5.35, compared to a current price of NT$5.92 — trading 10.7% above its estimated fair value. The current Days Payable is 17.13, which is 29% below median its 10-year median of 24.00 and 58.6% below the Steel industry median of 41.39. Yieh United Steel's overall GF Score™ is 51/100 with 6 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 Yieh United Steel (ROCO:9957), the current Days Payable is 17.13 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 Yieh United Steel (ROCO:9957) Overvalued in 2026?

Based on GuruFocus' analysis, Yieh United Steel stock appears to be overvalued. The current stock price of NT$5.92 is trading 10.7% above its estimated GF Value™ of NT$5.35. GuruFocus considers Yieh United Steel to be Modestly Overvalued.

Key valuation signals for ROCO:9957:

  • Days Payable: 17.13 (29% below median its 10-year median of 24.00)
  • GF Value™: NT$5.35 vs. price of NT$5.92 (10.7% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 58.6% below the Steel median (#460 of 598)

No single metric tells the full story. See the ROCO:9957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yieh United Steel Business Description

Address No.600, Xinglong St., Jiaxing Vil, Gangshan District, Kaohsiung, TWN, 82057
Yieh United Steel Corp operates as a steel manufacturer. The products of the company include stainless steel small steel embryo, cold rolled steel coil, stainless steel hot-rolled steel sheet, stainless steel hot rolled black steel coil, carbon steel small steel embryo, and carbon steel hot rolled crude steel coil.
51GF Score

Get the complete analysis for ROCO:9957

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

NT$5.92
Price
NT$5.35
GF Value