Chun Yuan Steel Industry Co (TPE:2010) Days Payable: 23.07 (As of Dec. 2025) — 38% Above Median


TPE:2010 Chun Yuan Steel Industry Co Ltd TPE:2010
74 GF Score
Price NT$23.70
GF Value NT$19.76
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Chun Yuan Steel Industry Co Days Payable?

Chun Yuan Steel Industry Co TPE:2010 74 Days Payable is 23.07 as of Dec. 2025, which is 38% above its 10-year median of 16.71. GuruFocus rates TPE:2010 with a GF Score™ of 74/100 and a GF Value™ of NT$19.76 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 598 Steel companies, Chun Yuan Steel Industry Co ranks worse than 73.91% on this metric.

Chun Yuan Steel Industry Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,361 Mil. Chun Yuan Steel Industry Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$5,382 Mil. Hence, Chun Yuan Steel Industry Co's Days Payable for the three months ended in Dec. 2025 was 23.07.

The historical rank and industry rank for Chun Yuan Steel Industry Co's Days Payable or its related term are showing as below:

TPE:2010' s Days Payable Range Over the Past 10 Years
Min: 15.53   Med: 16.71   Max: 22.97
Current: 22.97

During the past 13 years, Chun Yuan Steel Industry Co's highest Days Payable was 22.97. The lowest was 15.53. And the median was 16.71.

TPE:2010's Days Payable is ranked worse than
73.91% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TPE:2010: 22.97

Chun Yuan Steel Industry Co's Days Payable increased from Dec. 2024 (19.08) to Dec. 2025 (23.07). It may suggest that Chun Yuan Steel Industry Co delayed paying its suppliers.


Chun Yuan Steel Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chun Yuan Steel Industry Co'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.

Chun Yuan Steel Industry Co Days Payable Chart

Chun Yuan Steel Industry Co 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 15.98 15.96 17.05 16.37 21.29

Chun Yuan Steel Industry Co 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 19.08 23.49 23.55 23.44 23.07

TPE:2010 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Chun Yuan Steel Industry Co'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.


Chun Yuan Steel Industry Co Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Chun Yuan Steel Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chun Yuan Steel Industry Co's Days Payable falls into.


TPE:2010
74GF Score
Chun Yuan Steel Industry Co Ltd TPE:2010
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chun Yuan Steel Industry Co 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.

Chun Yuan Steel Industry Co'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
=( (1113.413 + 1398.17) / 2 ) / 21530.917*365
=1255.7915 / 21530.917*365
=21.29

Chun Yuan Steel Industry Co'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
=( (1322.942 + 1398.17) / 2 ) / 5381.548*365 / 4
=1360.556 / 5381.548*365 / 4
=23.07

* 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 23.07 mean?
Chun Yuan Steel Industry Co (TPE:2010) has a Days Payable of 23.07 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 Chun Yuan Steel Industry Co and its competitors. This is 38% above median its historical median of 16.71. Over the past decade, Chun Yuan Steel Industry Co's Days Payable has ranged from 15.53 to 22.97. According to the industry distribution chart, Chun Yuan Steel Industry Co ranks #442 out of 598 companies in the Steel industry, placing it in the top 73.9%.
Is Chun Yuan Steel Industry Co's Days Payable too high?
Chun Yuan Steel Industry Co's current Days Payable of 23.07 is 38% above median its 10-year median of 16.71. Over the past 10 years, this metric has ranged from a low of 15.53 to a high of 22.97. The Steel industry median Days Payable is 41.39. Chun Yuan Steel Industry Co's value of 23.07 is 44.3% below this industry median. Based on the distribution chart, Chun Yuan Steel Industry Co ranks #442 out of 598 companies in the Steel industry, which is below the industry midpoint. Overall, Chun Yuan Steel Industry Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chun Yuan Steel Industry Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Chun Yuan Steel Industry Co ranks #442 out of 598 companies for Days Payable. This places Chun Yuan Steel Industry Co in the lower half of its industry. The industry median Days Payable is 41.39. Chun Yuan Steel Industry Co's value of 23.07 is 44.3% below this benchmark. Historically, Chun Yuan Steel Industry Co's own Days Payable has ranged from 15.53 to 22.97 over the past decade. While the company's 10-year median is 16.71 vs. the industry median of 41.39, Chun Yuan Steel Industry Co 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. Chun Yuan Steel Industry Co's current Days Payable of 23.07 is 44.3% 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 Chun Yuan Steel Industry Co 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. Chun Yuan Steel Industry Co's current Days Payable is 23.07, which is 38% above median its own 10-year median of 16.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chun Yuan Steel Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Chun Yuan Steel Industry Co (TPE:2010) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$19.76, compared to a current price of NT$23.70 — trading 19.9% above its estimated fair value. The current Days Payable is 23.07, which is 38% above median its 10-year median of 16.71 and 44.3% below the Steel industry median of 41.39. Chun Yuan Steel Industry Co's overall GF Score™ is 74/100 with 5 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 Chun Yuan Steel Industry Co (TPE:2010), the current Days Payable is 23.07 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 Chun Yuan Steel Industry Co (TPE:2010) Overvalued in 2026?

Based on GuruFocus' analysis, Chun Yuan Steel Industry Co stock appears to be overvalued. The current stock price of NT$23.70 is trading 19.9% above its estimated GF Value™ of NT$19.76. GuruFocus considers Chun Yuan Steel Industry Co to be Modestly Overvalued.

Key valuation signals for TPE:2010:

  • Days Payable: 23.07 (38% above median its 10-year median of 16.71)
  • GF Value™: NT$19.76 vs. price of NT$23.70 (19.9% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 44.3% below the Steel median (#442 of 598)

No single metric tells the full story. See the TPE:2010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chun Yuan Steel Industry Co Business Description

Address Lane. 61, Section 1, Guangfu Road, 13th Floor, No. 20, Sanchong District, Taipei, TWN
Chun Yuan Steel Industry Co Ltd manufactures steel products. The company engaged in the manufacturing, processing, and trading of steel plates, silicon steel sheets, container parts, special steel materials, H-beam steel undertaking of steel structure constructions, etc. Geographically, it derives a majority of revenue from the Taiwan market.
74GF Score

Get the complete analysis for TPE:2010

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

NT$23.70
Price
NT$19.76
GF Value