Mayer Steel PipeTPE:2020 +0.47%75 Days Payable is 10.19 as of Dec. 2025, which is 70% above its 10-year median of 5.98. GuruFocus rates TPE:2020 with a GF Score™ of 75/100 and a GF Value™ of NT$20.99 (Fairly Valued). The stock has 5 warning signs investors should review. Among 599 Steel companies, Mayer Steel Pipe ranks worse than 93.32% on this metric.
The historical rank and industry rank for Mayer Steel Pipe's Days Payable or its related term are showing as below:
TPE:2020'
s Days Payable Range Over the Past 10 Years
Min: 3.5 Med: 5.98 Max: 10.66
Current: 7.6
During the past 13 years, Mayer Steel Pipe's highest Days Payable was 10.66. The lowest was 3.50. And the median was 5.98.
TPE:2020's Days Payable is ranked worse than 93.32% of 599
companies
in the Steel industry
Industry Median: 41.39
vs TPE:2020: 7.60
Mayer Steel Pipe's Days Payable
increased
from Dec. 2024 (6.80) to Dec. 2025 (10.19).
It may suggest that Mayer Steel Pipedelayed paying its suppliers.
Mayer Steel Pipe Days Payable Related Terms
Mayer Steel Pipe Days Payable Historical Data
* Premium members only.
The historical data trend for Mayer Steel Pipe'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.
TPE:2020 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Mayer Steel Pipe'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.
Mayer Steel Pipe Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's Days Payable distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe'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.
Mayer Steel Pipe'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.
Mayer Steel Pipe (TPE:2020) has a Days Payable of 10.19 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 Mayer Steel Pipe and its competitors. This is 70% above median its historical median of 5.98. Over the past decade, Mayer Steel Pipe's Days Payable has ranged from 3.50 to 10.66. According to the industry distribution chart, Mayer Steel Pipe ranks #559 out of 599 companies in the Steel industry, placing it in the top 93.3%.
Is Mayer Steel Pipe's Days Payable too high?
Mayer Steel Pipe's current Days Payable of 10.19 is 70% above median its 10-year median of 5.98. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 10.66. The Steel industry median Days Payable is 41.39. Mayer Steel Pipe's value of 10.19 is 75.4% below this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #559 out of 599 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mayer Steel Pipe has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #559 out of 599 companies for Days Payable. This places Mayer Steel Pipe in the lower half of its industry. The industry median Days Payable is 41.39. Mayer Steel Pipe's value of 10.19 is 75.4% below this benchmark. Historically, Mayer Steel Pipe's own Days Payable has ranged from 3.50 to 10.66 over the past decade. While the company's 10-year median is 5.98 vs. the industry median of 41.39, Mayer Steel Pipe 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 599 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. Mayer Steel Pipe's current Days Payable of 10.19 is 75.4% 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 Mayer Steel Pipe 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. Mayer Steel Pipe's current Days Payable is 10.19, which is 70% above median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.99, compared to a current price of NT$21.55 — trading 2.7% above its estimated fair value. The current Days Payable is 10.19, which is 70% above median its 10-year median of 5.98 and 75.4% below the Steel industry median of 41.39. Mayer Steel Pipe's overall GF Score™ is 75/100 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 Mayer Steel Pipe (TPE:2020), the current Days Payable is 10.19 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?
Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued.
The current stock price of NT$21.55 is trading 2.7% above its estimated GF Value™ of NT$20.99.
GuruFocus considers Mayer Steel Pipe to be Fairly Valued.
Key valuation signals for TPE:2020:
Days Payable: 10.19 (70% above median its 10-year median of 5.98)
GF Value™: NT$20.99 vs. price of NT$21.55 (2.7% above fair value)
Industry Position: 75.4% below the Steel median (#559 of 599)
No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
75GF Score
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