China SteelTPE:2002 -0.26%64 Days Payable is 18.13 as of Dec. 2025, which is 2% above its 10-year median of 17.69. GuruFocus rates TPE:2002 with a GF Score™ of 64/100 and a GF Value™ of NT$20.73 (Fairly Valued). The stock has 8 warning signs investors should review. Among 602 Steel companies, China Steel ranks worse than 79.73% on this metric.
China Steel's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$14,250 Mil. China Steel's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$71,729 Mil.
Hence, China Steel's Days Payable for the
three
months ended in Dec. 2025 was 18.13.
The historical rank and industry rank for China Steel's Days Payable or its related term are showing as below:
TPE:2002'
s Days Payable Range Over the Past 10 Years
Min: 15.25 Med: 17.69 Max: 19.41
Current: 18.11
During the past 13 years, China Steel's highest Days Payable was 19.41. The lowest was 15.25. And the median was 17.69.
TPE:2002's Days Payable is ranked worse than 79.73% of 602
companies
in the Steel industry
Industry Median: 41.4
vs TPE:2002: 18.11
China Steel's Days Payable
declined
from Dec. 2024 (19.05) to Dec. 2025 (18.13).
It may suggest that China Steelaccelerated paying its suppliers.
China Steel Days Payable Related Terms
China Steel Days Payable Historical Data
* Premium members only.
The historical data trend for China 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.
TPE:2002 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, China 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.
China Steel Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, China Steel's Days Payable distribution charts can be found below:
* The bar in red indicates where China 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.
China 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.
China Steel (TPE:2002) has a Days Payable of 18.13 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 China Steel and its competitors. This is near median its historical median of 17.69. Over the past decade, China Steel's Days Payable has ranged from 15.25 to 19.41. According to the industry distribution chart, China Steel ranks #480 out of 602 companies in the Steel industry, placing it in the top 79.7%.
Is China Steel's Days Payable too high?
China Steel's current Days Payable of 18.13 is near median its 10-year median of 17.69. Over the past 10 years, this metric has ranged from a low of 15.25 to a high of 19.41. The Steel industry median Days Payable is 41.40. China Steel's value of 18.13 is 56.2% below this industry median. Based on the distribution chart, China Steel ranks #480 out of 602 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, China Steel has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel ranks #480 out of 602 companies for Days Payable. This places China Steel in the lower half of its industry. The industry median Days Payable is 41.40. China Steel's value of 18.13 is 56.2% below this benchmark. Historically, China Steel's own Days Payable has ranged from 15.25 to 19.41 over the past decade. While the company's 10-year median is 17.69 vs. the industry median of 41.40, China 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 41.40, based on 602 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's current Days Payable of 18.13 is 56.2% 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 and its competitors. For the Steel industry, the median Days Payable is 41.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel's current Days Payable is 18.13, which is near median its own 10-year median of 17.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.73, compared to a current price of NT$19.00 — trading 8.3% below its estimated fair value. The current Days Payable is 18.13, which is near median its 10-year median of 17.69 and 56.2% below the Steel industry median of 41.40. China Steel's overall GF Score™ is 64/100 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 (TPE:2002), the current Days Payable is 18.13 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 China Steel (TPE:2002) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel stock appears to be undervalued.
The current stock price of NT$19.00 is trading 8.3% below its estimated GF Value™ of NT$20.73.
GuruFocus considers China Steel to be Fairly Valued.
Key valuation signals for TPE:2002:
Days Payable: 18.13 (near median its 10-year median of 17.69)
GF Value™: NT$20.73 vs. price of NT$19.00 (8.3% below fair value)
Industry Position: 56.2% below the Steel median (#480 of 602)
No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
64GF Score
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