* 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:2008 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Kao Hsing Chang Iron & 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.
Kao Hsing Chang Iron & Steel Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Kao Hsing Chang Iron & Steel's Days Payable distribution charts can be found below:
* The bar in red indicates where Kao Hsing Chang Iron & Steel's Days Payable falls into.
Kao Hsing Chang Iron & 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.
* 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.
Kao Hsing Chang Iron & Steel (TPE:2008) has a Days Payable of 17.41 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 Kao Hsing Chang Iron & Steel and its competitors. This is 170% above median its historical median of 6.45. Over the past decade, Kao Hsing Chang Iron & Steel's Days Payable has ranged from 4.86 to 11.72. According to the industry distribution chart, Kao Hsing Chang Iron & Steel ranks #534 out of 598 companies in the Steel industry, placing it in the top 89.3%.
Is Kao Hsing Chang Iron & Steel's Days Payable too high?
Kao Hsing Chang Iron & Steel's current Days Payable of 17.41 is 170% above median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 4.86 to a high of 11.72. The Steel industry median Days Payable is 41.39. Kao Hsing Chang Iron & Steel's value of 17.41 is 57.9% below this industry median. Based on the distribution chart, Kao Hsing Chang Iron & Steel ranks #534 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Kao Hsing Chang Iron & Steel has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kao Hsing Chang Iron & Steel's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Kao Hsing Chang Iron & Steel ranks #534 out of 598 companies for Days Payable. This places Kao Hsing Chang Iron & Steel in the lower half of its industry. The industry median Days Payable is 41.39. Kao Hsing Chang Iron & Steel's value of 17.41 is 57.9% below this benchmark. Historically, Kao Hsing Chang Iron & Steel's own Days Payable has ranged from 4.86 to 11.72 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 41.39, Kao Hsing Chang Iron & 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. Kao Hsing Chang Iron & Steel's current Days Payable of 17.41 is 57.9% 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 Kao Hsing Chang Iron & 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. Kao Hsing Chang Iron & Steel's current Days Payable is 17.41, which is 170% above median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao Hsing Chang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel (TPE:2008) is currently considered Fairly Valued. The stock's GF Value™ is NT$27.95, compared to a current price of NT$30.80 — trading 10.2% above its estimated fair value. The current Days Payable is 17.41, which is 170% above median its 10-year median of 6.45 and 57.9% below the Steel industry median of 41.39. Kao Hsing Chang Iron & Steel's overall GF Score™ is 73/100 with 10 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 Kao Hsing Chang Iron & Steel (TPE:2008), the current Days Payable is 17.41 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 Kao Hsing Chang Iron & Steel (TPE:2008) Overvalued in 2026?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel stock appears to be overvalued.
The current stock price of NT$30.80 is trading 10.2% above its estimated GF Value™ of NT$27.95.
GuruFocus considers Kao Hsing Chang Iron & Steel to be Fairly Valued.
Key valuation signals for TPE:2008:
Days Payable: 17.41 (170% above median its 10-year median of 6.45)
GF Value™: NT$27.95 vs. price of NT$30.80 (10.2% above fair value)
Industry Position: 57.9% below the Steel median (#534 of 598)
No single metric tells the full story. See the TPE:2008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kao Hsing Chang Iron & Steel Corp is engaged in the manufacturing, processing, and trading of steel pipes and cold-rolled steel sheets; manufacturing of metal architectural components; leasing; carpark management; and wholesale of other products. The majority of its revenue comes from the steel pipe department. Its geographical segments are Taiwan, United States and Japan, of which the majority of the revenue comes from Taiwan.
73GF Score
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