Feng Hsin Steel Co (TPE:2015) Days Payable: 15.99 (As of Dec. 2025) — 12% Below Median


TPE:2015 Feng Hsin Steel Co Ltd TPE:2015
79 GF Score
Price NT$61.70
GF Value NT$56.70
Valuation Fairly Valued
! 4 Warning Signs
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What is Feng Hsin Steel Co Days Payable?

Feng Hsin Steel Co TPE:2015 +1.15% 79 Days Payable is 15.99 as of Dec. 2025, which is 12% below its 10-year median of 18.27. GuruFocus rates TPE:2015 with a GF Score™ of 79/100 and a GF Value™ of NT$56.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 598 Steel companies, Feng Hsin Steel Co ranks worse than 79.93% on this metric.

Feng Hsin Steel Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,019 Mil. Feng Hsin Steel Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$5,813 Mil. Hence, Feng Hsin Steel Co's Days Payable for the three months ended in Dec. 2025 was 15.99.

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

TPE:2015' s Days Payable Range Over the Past 10 Years
Min: 15.33   Med: 18.27   Max: 24.76
Current: 17.83

During the past 13 years, Feng Hsin Steel Co's highest Days Payable was 24.76. The lowest was 15.33. And the median was 18.27.

TPE:2015's Days Payable is ranked worse than
79.93% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TPE:2015: 17.83

Feng Hsin Steel Co's Days Payable declined from Dec. 2024 (17.91) to Dec. 2025 (15.99). It may suggest that Feng Hsin Steel Co accelerated paying its suppliers.


Feng Hsin Steel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Feng Hsin 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.

Feng Hsin Steel Co Days Payable Chart

Feng Hsin 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 16.18 15.33 16.70 17.24 16.60

Feng Hsin 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 17.91 22.18 17.90 15.96 15.99

TPE:2015 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Feng Hsin 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.


Feng Hsin Steel Co Days Payable vs Steel Industry

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

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


TPE:2015
79GF Score
Feng Hsin Steel Co Ltd TPE:2015
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Feng Hsin 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.

Feng Hsin 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
=( (1332.049 + 1003.834) / 2 ) / 25687.071*365
=1167.9415 / 25687.071*365
=16.60

Feng Hsin 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
=( (1033.547 + 1003.834) / 2 ) / 5812.773*365 / 4
=1018.6905 / 5812.773*365 / 4
=15.99

* 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 15.99 mean?
Feng Hsin Steel Co (TPE:2015) has a Days Payable of 15.99 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 Feng Hsin Steel Co and its competitors. This is 12% below median its historical median of 18.27. Over the past decade, Feng Hsin Steel Co's Days Payable has ranged from 15.33 to 24.76. According to the industry distribution chart, Feng Hsin Steel Co ranks #478 out of 598 companies in the Steel industry, placing it in the top 79.9%.
Is Feng Hsin Steel Co's Days Payable too high?
Feng Hsin Steel Co's current Days Payable of 15.99 is 12% below median its 10-year median of 18.27. Over the past 10 years, this metric has ranged from a low of 15.33 to a high of 24.76. The Steel industry median Days Payable is 41.39. Feng Hsin Steel Co's value of 15.99 is 61.4% below this industry median. Based on the distribution chart, Feng Hsin Steel Co ranks #478 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Feng Hsin Steel Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Feng Hsin Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Feng Hsin Steel Co ranks #478 out of 598 companies for Days Payable. This places Feng Hsin Steel Co in the lower half of its industry. The industry median Days Payable is 41.39. Feng Hsin Steel Co's value of 15.99 is 61.4% below this benchmark. Historically, Feng Hsin Steel Co's own Days Payable has ranged from 15.33 to 24.76 over the past decade. While the company's 10-year median is 18.27 vs. the industry median of 41.39, Feng Hsin 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. Feng Hsin Steel Co's current Days Payable of 15.99 is 61.4% 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 Feng Hsin 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. Feng Hsin Steel Co's current Days Payable is 15.99, which is 12% below median its own 10-year median of 18.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Hsin Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Feng Hsin Steel Co (TPE:2015) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.70, compared to a current price of NT$61.70 — trading 8.8% above its estimated fair value. The current Days Payable is 15.99, which is 12% below median its 10-year median of 18.27 and 61.4% below the Steel industry median of 41.39. Feng Hsin Steel Co's overall GF Score™ is 79/100 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 Feng Hsin Steel Co (TPE:2015), the current Days Payable is 15.99 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 Feng Hsin Steel Co (TPE:2015) Overvalued in 2026?

Based on GuruFocus' analysis, Feng Hsin Steel Co stock appears to be overvalued. The current stock price of NT$61.70 is trading 8.8% above its estimated GF Value™ of NT$56.70. GuruFocus considers Feng Hsin Steel Co to be Fairly Valued.

Key valuation signals for TPE:2015:

  • Days Payable: 15.99 (12% below median its 10-year median of 18.27)
  • GF Value™: NT$56.70 vs. price of NT$61.70 (8.8% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 61.4% below the Steel median (#478 of 598)

No single metric tells the full story. See the TPE:2015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feng Hsin Steel Co Business Description

Address No.998, Section 1, Jiahou Road, Houli district, Taichung, TWN, 421
Feng Hsin Steel Co Ltd manufacture and sell various types of steel products. The services provided by the Group mainly consist of transportation and insurance services for the various steel products sold. The company is engaged in the manufacturing, processing and trading of various angle iron, round iron, flat iron, flat bar, and others, along with the operation and investment of various incidental businesses. Its Steel Rolling Mill produces carbon steel and special steel. Geographically, the company generates maximum revenue from Taiwan.
79GF Score

Get the complete analysis for TPE:2015

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

NT$61.70
Price
NT$56.70
GF Value