China Steel Chemical (TPE:1723) Days Payable: 19.68 (As of Dec. 2025) — 16% Above Median


TPE:1723 China Steel Chemical Corp TPE:1723
77 GF Score
Price NT$84.40
GF Value NT$78.73
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is China Steel Chemical Days Payable?

China Steel Chemical TPE:1723 77 Days Payable is 19.68 as of Dec. 2025, which is 16% above its 10-year median of 17.03. GuruFocus rates TPE:1723 with a GF Score™ of 77/100 and a GF Value™ of NT$78.73 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,551 Chemicals companies, China Steel Chemical ranks worse than 91.3% on this metric.

China Steel Chemical's average Accounts Payable for the three months ended in Dec. 2025 was NT$239 Mil. China Steel Chemical's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,108 Mil. Hence, China Steel Chemical's Days Payable for the three months ended in Dec. 2025 was 19.68.

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

TPE:1723' s Days Payable Range Over the Past 10 Years
Min: 12.69   Med: 17.03   Max: 19.32
Current: 18.92

During the past 13 years, China Steel Chemical's highest Days Payable was 19.32. The lowest was 12.69. And the median was 17.03.

TPE:1723's Days Payable is ranked worse than
91.3% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs TPE:1723: 18.92

China Steel Chemical's Days Payable increased from Dec. 2024 (18.07) to Dec. 2025 (19.68). It may suggest that China Steel Chemical delayed paying its suppliers.


China Steel Chemical Days Payable Historical Data

* Premium members only.

The historical data trend for China Steel Chemical'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.

China Steel Chemical Days Payable Chart

China Steel Chemical 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 14.40 12.69 15.95 17.76 19.31

China Steel Chemical Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 18.07 18.71 18.73 18.24 19.68

TPE:1723 vs DOW: Days Payable Comparison

For the Chemicals subindustry, China Steel Chemical'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.


China Steel Chemical Days Payable vs Chemicals Industry

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

* The bar in red indicates where China Steel Chemical's Days Payable falls into.


TPE:1723
77GF Score
China Steel Chemical Corp TPE:1723
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Steel Chemical 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.

China Steel Chemical'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
=( (270.704 + 231.736) / 2 ) / 4749.358*365
=251.22 / 4749.358*365
=19.31

China Steel Chemical'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: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (246.224 + 231.736) / 2 ) / 1108.047*365 / 4
=238.98 / 1108.047*365 / 4
=19.68

* 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 19.68 mean?
China Steel Chemical (TPE:1723) has a Days Payable of 19.68 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 China Steel Chemical and its competitors. This is 16% above median its historical median of 17.03. Over the past decade, China Steel Chemical's Days Payable has ranged from 12.69 to 19.32. According to the industry distribution chart, China Steel Chemical ranks #1416 out of 1551 companies in the Chemicals industry, placing it in the top 91.3%.
Is China Steel Chemical's Days Payable too high?
China Steel Chemical's current Days Payable of 19.68 is 16% above median its 10-year median of 17.03. Over the past 10 years, this metric has ranged from a low of 12.69 to a high of 19.32. The Chemicals industry median Days Payable is 59.87. China Steel Chemical's value of 19.68 is 67.1% below this industry median. Based on the distribution chart, China Steel Chemical ranks #1416 out of 1551 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, China Steel Chemical has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel Chemical's Days Payable compare to DOW?
According to the Chemicals industry distribution chart, China Steel Chemical ranks #1416 out of 1551 companies for Days Payable. This places China Steel Chemical in the lower half of its industry. The industry median Days Payable is 59.87. China Steel Chemical's value of 19.68 is 67.1% below this benchmark. Historically, China Steel Chemical's own Days Payable has ranged from 12.69 to 19.32 over the past decade. While the company's 10-year median is 17.03 vs. the industry median of 59.87, China Steel Chemical 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,551 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. China Steel Chemical's current Days Payable of 19.68 is 67.1% 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 China Steel Chemical and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel Chemical's current Days Payable is 19.68, which is 16% above median its own 10-year median of 17.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel Chemical stock overvalued right now?
Based on GuruFocus' analysis, China Steel Chemical (TPE:1723) is currently considered Fairly Valued. The stock's GF Value™ is NT$78.73, compared to a current price of NT$84.40 — trading 7.2% above its estimated fair value. The current Days Payable is 19.68, which is 16% above median its 10-year median of 17.03 and 67.1% below the Chemicals industry median of 59.87. China Steel Chemical's overall GF Score™ is 77/100 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 China Steel Chemical (TPE:1723), the current Days Payable is 19.68 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 China Steel Chemical (TPE:1723) Overvalued in 2026?

Based on GuruFocus' analysis, China Steel Chemical stock appears to be overvalued. The current stock price of NT$84.40 is trading 7.2% above its estimated GF Value™ of NT$78.73. GuruFocus considers China Steel Chemical to be Fairly Valued.

Key valuation signals for TPE:1723:

  • Days Payable: 19.68 (16% above median its 10-year median of 17.03)
  • GF Value™: NT$78.73 vs. price of NT$84.40 (7.2% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 67.1% below the Chemicals median (#1416 of 1551)

No single metric tells the full story. See the TPE:1723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Steel Chemical Business Description

Address No. 88, Chengong 2nd Road, 25th Floor, Qianzhen District, Kaohsiung, TWN
China Steel Chemical Corp is engaged in the production, processing, and sales of coal tar distillation products, Naphtha products, and coke products. Besides, it also trades related upstream and downstream products. The firm operates in segments: CSCC/CCSNM includes the production and marketing of chemical products, and EWI includes Investments. Geographically, it operates in Taiwan, Australia, and China, with the maximum revenue from Taiwan.
77GF Score

Get the complete analysis for TPE:1723

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

NT$84.40
Price
NT$78.73
GF Value