Chih Lien Industrial CoTPE:2024 63 Days Payable is 28.45 as of Dec. 2025, which is 25% below its 10-year median of 38.00. GuruFocus rates TPE:2024 with a GF Score™ of 63/100 and a GF Value™ of NT$16.89 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 597 Steel companies, Chih Lien Industrial Co ranks worse than 55.44% on this metric.
* 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:2024 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Chih Lien Industrial 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.
Chih Lien Industrial Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Chih Lien Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Chih Lien Industrial 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.
Chih Lien Industrial 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.
Chih Lien Industrial Co (TPE:2024) has a Days Payable of 28.45 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 Chih Lien Industrial Co and its competitors. This is 25% below median its historical median of 38.00. Over the past decade, Chih Lien Industrial Co's Days Payable has ranged from 31.20 to 49.35. According to the industry distribution chart, Chih Lien Industrial Co ranks #331 out of 597 companies in the Steel industry, placing it in the top 55.4%.
Is Chih Lien Industrial Co's Days Payable too high?
Chih Lien Industrial Co's current Days Payable of 28.45 is 25% below median its 10-year median of 38.00. Over the past 10 years, this metric has ranged from a low of 31.20 to a high of 49.35. The Steel industry median Days Payable is 41.39. Chih Lien Industrial Co's value of 28.45 is 31.3% below this industry median. Based on the distribution chart, Chih Lien Industrial Co ranks #331 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Chih Lien Industrial Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chih Lien Industrial Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Chih Lien Industrial Co ranks #331 out of 597 companies for Days Payable. This places Chih Lien Industrial Co in the lower half of its industry. The industry median Days Payable is 41.39. Chih Lien Industrial Co's value of 28.45 is 31.3% below this benchmark. Historically, Chih Lien Industrial Co's own Days Payable has ranged from 31.20 to 49.35 over the past decade. While the company's 10-year median is 38.00 vs. the industry median of 41.39, Chih Lien Industrial 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 597 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. Chih Lien Industrial Co's current Days Payable of 28.45 is 31.3% 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 Chih Lien Industrial 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. Chih Lien Industrial Co's current Days Payable is 28.45, which is 25% below median its own 10-year median of 38.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chih Lien Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chih Lien Industrial Co (TPE:2024) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.89, compared to a current price of NT$13.60 — trading 19.5% below its estimated fair value. The current Days Payable is 28.45, which is 25% below median its 10-year median of 38.00 and 31.3% below the Steel industry median of 41.39. Chih Lien Industrial Co's overall GF Score™ is 63/100 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 Chih Lien Industrial Co (TPE:2024), the current Days Payable is 28.45 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 Chih Lien Industrial Co (TPE:2024) Overvalued in 2026?
Based on GuruFocus' analysis, Chih Lien Industrial Co stock appears to be undervalued.
The current stock price of NT$13.60 is trading 19.5% below its estimated GF Value™ of NT$16.89.
GuruFocus considers Chih Lien Industrial Co to be Modestly Undervalued.
Key valuation signals for TPE:2024:
Days Payable: 28.45 (25% below median its 10-year median of 38.00)
GF Value™: NT$16.89 vs. price of NT$13.60 (19.5% below fair value)
Industry Position: 31.3% below the Steel median (#331 of 597)
No single metric tells the full story. See the TPE:2024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chih Lien Industrial Co Ltd operates in the steel industry. Company is mainly engaged in the manufacturing, processing and trading of steel wire and steel bars. The Company operates in a single industry and is mainly engaged in the manufacturing and processing of steel wire and steel bars with similar end-use products. The company has presence in Taiwan, China, Indonesia, Malaysia, and Other. The company generates majority of revenue from Taiwan.
63GF Score
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