Chung Hung Steel Co (TPE:2014) Days Payable: 1.29 (As of Dec. 2025) — 83% Below Median


TPE:2014 Chung Hung Steel Co Ltd TPE:2014
47 GF Score
Price NT$17.25
GF Value NT$11.65
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Chung Hung Steel Co Days Payable?

Chung Hung Steel Co TPE:2014 -0.86% 47 Days Payable is 1.29 as of Dec. 2025, which is 83% below its 10-year median of 7.59. GuruFocus rates TPE:2014 with a GF Score™ of 47/100 and a GF Value™ of NT$11.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Chung Hung Steel Co ranks worse than 96.15% on this metric.

Chung Hung Steel Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$56 Mil. Chung Hung Steel Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$3,923 Mil. Hence, Chung Hung Steel Co's Days Payable for the three months ended in Dec. 2025 was 1.29.

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

TPE:2014' s Days Payable Range Over the Past 10 Years
Min: 1.23   Med: 7.59   Max: 13.13
Current: 4.64

During the past 13 years, Chung Hung Steel Co's highest Days Payable was 13.13. The lowest was 1.23. And the median was 7.59.

TPE:2014's Days Payable is ranked worse than
96.15% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TPE:2014: 4.64

Chung Hung Steel Co's Days Payable declined from Dec. 2024 (5.74) to Dec. 2025 (1.29). It may suggest that Chung Hung Steel Co accelerated paying its suppliers.


Chung Hung Steel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chung Hung Steel 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.

Chung Hung Steel Co Days Payable Chart

Chung Hung Steel 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 8.58 10.61 7.20 4.25 1.23

Chung Hung Steel 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 5.74 5.22 8.26 5.71 1.29

TPE:2014 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Chung Hung Steel 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.


Chung Hung Steel Co Days Payable vs Steel Industry

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

* The bar in red indicates where Chung Hung Steel Co's Days Payable falls into.


TPE:2014
47GF Score
Chung Hung Steel Co Ltd TPE:2014
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chung Hung Steel 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.

Chung Hung Steel 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
=( (79.806 + 59.22) / 2 ) / 20612.078*365
=69.513 / 20612.078*365
=1.23

Chung Hung Steel 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
=( (51.926 + 59.22) / 2 ) / 3922.965*365 / 4
=55.573 / 3922.965*365 / 4
=1.29

* 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 1.29 mean?
Chung Hung Steel Co (TPE:2014) has a Days Payable of 1.29 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 Chung Hung Steel Co and its competitors. This is 83% below median its historical median of 7.59. Over the past decade, Chung Hung Steel Co's Days Payable has ranged from 1.23 to 13.13. According to the industry distribution chart, Chung Hung Steel Co ranks #575 out of 598 companies in the Steel industry, placing it in the top 96.2%.
Is Chung Hung Steel Co's Days Payable too high?
Chung Hung Steel Co's current Days Payable of 1.29 is 83% below median its 10-year median of 7.59. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 13.13. The Steel industry median Days Payable is 41.39. Chung Hung Steel Co's value of 1.29 is 96.9% below this industry median. Based on the distribution chart, Chung Hung Steel Co ranks #575 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Chung Hung Steel Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chung Hung Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Chung Hung Steel Co ranks #575 out of 598 companies for Days Payable. This places Chung Hung Steel Co in the lower half of its industry. The industry median Days Payable is 41.39. Chung Hung Steel Co's value of 1.29 is 96.9% below this benchmark. Historically, Chung Hung Steel Co's own Days Payable has ranged from 1.23 to 13.13 over the past decade. While the company's 10-year median is 7.59 vs. the industry median of 41.39, Chung Hung Steel 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. Chung Hung Steel Co's current Days Payable of 1.29 is 96.9% 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 Chung Hung Steel 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. Chung Hung Steel Co's current Days Payable is 1.29, which is 83% below median its own 10-year median of 7.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Hung Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chung Hung Steel Co (TPE:2014) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$11.65, compared to a current price of NT$17.25 — trading 48.1% above its estimated fair value. The current Days Payable is 1.29, which is 83% below median its 10-year median of 7.59 and 96.9% below the Steel industry median of 41.39. Chung Hung Steel Co's overall GF Score™ is 47/100 with 4 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 Chung Hung Steel Co (TPE:2014), the current Days Payable is 1.29 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 Chung Hung Steel Co (TPE:2014) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Hung Steel Co stock appears to be overvalued. The current stock price of NT$17.25 is trading 48.1% above its estimated GF Value™ of NT$11.65. GuruFocus considers Chung Hung Steel Co to be Significantly Overvalued.

Key valuation signals for TPE:2014:

  • Days Payable: 1.29 (83% below median its 10-year median of 7.59)
  • GF Value™: NT$11.65 vs. price of NT$17.25 (48.1% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 96.9% below the Steel median (#575 of 598)

No single metric tells the full story. See the TPE:2014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung Hung Steel Co Business Description

Address No. 317, Yuliao Road, Yuliao Lane, Qiaotou District, Kaohsiung, TWN, 82544
Chung Hung Steel Co Ltd is engaged in the manufacturing, processing, and distribution of steel products. The company produces steel products, including hot and cold galvanized coils, fine blanking coils, hot rolled temper grade coils, hot rolled pickled and oiled coils, and hot rolled bands. It has two operating segments: The Corporation segment which manufactures, processes and sells steel products, and Other corporations segment which includes Hung Kao Investment Corporation engaged in general investment. Geographically, the company derives a majority of revenue from Taiwan and also has a presence in Asia, America, Europe and Others.
47GF Score

Get the complete analysis for TPE:2014

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

NT$17.25
Price
NT$11.65
GF Value