* 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:2013 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, China Steel Structure 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.
China Steel Structure Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, China Steel Structure Co's Days Payable distribution charts can be found below:
* The bar in red indicates where China Steel Structure Co'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 Structure Co'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 Structure Co (TPE:2013) has a Days Payable of 50.25 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 Structure Co and its competitors. This is near median its historical median of 49.70. Over the past decade, China Steel Structure Co's Days Payable has ranged from 46.32 to 78.35. According to the industry distribution chart, China Steel Structure Co ranks #250 out of 598 companies in the Steel industry, placing it in the top 41.8%.
Is China Steel Structure Co's Days Payable too high?
China Steel Structure Co's current Days Payable of 50.25 is near median its 10-year median of 49.70. Over the past 10 years, this metric has ranged from a low of 46.32 to a high of 78.35. The Steel industry median Days Payable is 41.39. China Steel Structure Co's value of 50.25 is 21.4% above this industry median. Based on the distribution chart, China Steel Structure Co ranks #250 out of 598 companies in the Steel industry, which is above the industry midpoint. Overall, China Steel Structure Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Steel Structure Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel Structure Co ranks #250 out of 598 companies for Days Payable. This puts China Steel Structure Co in the upper half of its industry. The industry median Days Payable is 41.39. China Steel Structure Co's value of 50.25 is 21.4% above this benchmark. Historically, China Steel Structure Co's own Days Payable has ranged from 46.32 to 78.35 over the past decade. While the company's 10-year median is 49.70 vs. the industry median of 41.39, China Steel Structure Co has consistently been above 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. China Steel Structure Co's current Days Payable of 50.25 is 21.4% above 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 Structure 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. China Steel Structure Co's current Days Payable is 50.25, which is near median its own 10-year median of 49.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, China Steel Structure Co (TPE:2013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.88, compared to a current price of NT$44.00 — trading 24% below its estimated fair value. The current Days Payable is 50.25, which is near median its 10-year median of 49.70 and 21.4% above the Steel industry median of 41.39. China Steel Structure Co's overall GF Score™ is 81/100 with 1 warning sign 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 Structure Co (TPE:2013), the current Days Payable is 50.25 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 Structure Co (TPE:2013) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel Structure Co stock appears to be undervalued.
The current stock price of NT$44.00 is trading 24% below its estimated GF Value™ of NT$57.88.
GuruFocus considers China Steel Structure Co to be Modestly Undervalued.
Key valuation signals for TPE:2013:
Days Payable: 50.25 (near median its 10-year median of 49.70)
GF Value™: NT$57.88 vs. price of NT$44.00 (24% below fair value)
Industry Position: 21.4% above the Steel median (#250 of 598)
No single metric tells the full story. See the TPE:2013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Structure Co Ltd is engaged in designing, processing, manufacturing, assembling and selling steel built-up sections; providing technical services for the construction of steel structures, importing and exporting metal and construction materials and real estate leasing. The Group's reportable segments are CSSC, USEC and Others and generates majority revenue from CSSC segment. Geographically, the Group mainly operates in Taiwan region.
81GF Score
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