Hsin Kuang Steel Co (TPE:2031) Days Payable: 9.52 (As of Dec. 2025) — 92% Above Median


TPE:2031 Hsin Kuang Steel Co Ltd TPE:2031
76 GF Score
Price NT$38.45
GF Value NT$53.84
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Hsin Kuang Steel Co Days Payable?

Hsin Kuang Steel Co TPE:2031 -1.16% 76 Days Payable is 9.52 as of Dec. 2025, which is 92% above its 10-year median of 4.95. GuruFocus rates TPE:2031 with a GF Score™ of 76/100 and a GF Value™ of NT$53.84 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 597 Steel companies, Hsin Kuang Steel Co ranks worse than 94.81% on this metric.

Hsin Kuang Steel Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$305 Mil. Hsin Kuang Steel Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,919 Mil. Hence, Hsin Kuang Steel Co's Days Payable for the three months ended in Dec. 2025 was 9.52.

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

TPE:2031' s Days Payable Range Over the Past 10 Years
Min: 1.97   Med: 4.95   Max: 6.1
Current: 5.87

During the past 13 years, Hsin Kuang Steel Co's highest Days Payable was 6.10. The lowest was 1.97. And the median was 4.95.

TPE:2031's Days Payable is ranked worse than
94.81% of 597 companies
in the Steel industry
Industry Median: 41.39 vs TPE:2031: 5.87

Hsin Kuang Steel Co's Days Payable increased from Dec. 2024 (6.88) to Dec. 2025 (9.52). It may suggest that Hsin Kuang Steel Co delayed paying its suppliers.


Hsin Kuang Steel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hsin Kuang 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.

Hsin Kuang Steel Co Days Payable Chart

Hsin Kuang 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 5.54 4.90 6.10 5.82 5.43

Hsin Kuang 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 6.88 3.83 4.70 7.46 9.52

TPE:2031 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Hsin Kuang 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.


Hsin Kuang Steel Co Days Payable vs Steel Industry

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

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


TPE:2031
76GF Score
Hsin Kuang Steel Co Ltd TPE:2031
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hsin Kuang 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.

Hsin Kuang 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
=( (189.603 + 266.097) / 2 ) / 15306.354*365
=227.85 / 15306.354*365
=5.43

Hsin Kuang 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
=( (342.988 + 266.097) / 2 ) / 2918.712*365 / 4
=304.5425 / 2918.712*365 / 4
=9.52

* 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 9.52 mean?
Hsin Kuang Steel Co (TPE:2031) has a Days Payable of 9.52 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 Hsin Kuang Steel Co and its competitors. This is 92% above median its historical median of 4.95. Over the past decade, Hsin Kuang Steel Co's Days Payable has ranged from 1.97 to 6.10. According to the industry distribution chart, Hsin Kuang Steel Co ranks #566 out of 597 companies in the Steel industry, placing it in the top 94.8%.
Is Hsin Kuang Steel Co's Days Payable too high?
Hsin Kuang Steel Co's current Days Payable of 9.52 is 92% above median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 6.10. The Steel industry median Days Payable is 41.39. Hsin Kuang Steel Co's value of 9.52 is 77% below this industry median. Based on the distribution chart, Hsin Kuang Steel Co ranks #566 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Hsin Kuang Steel Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Kuang Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Hsin Kuang Steel Co ranks #566 out of 597 companies for Days Payable. This places Hsin Kuang Steel Co in the lower half of its industry. The industry median Days Payable is 41.39. Hsin Kuang Steel Co's value of 9.52 is 77% below this benchmark. Historically, Hsin Kuang Steel Co's own Days Payable has ranged from 1.97 to 6.10 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 41.39, Hsin Kuang 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 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. Hsin Kuang Steel Co's current Days Payable of 9.52 is 77% 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 Hsin Kuang 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. Hsin Kuang Steel Co's current Days Payable is 9.52, which is 92% above median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Kuang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Hsin Kuang Steel Co (TPE:2031) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$53.84, compared to a current price of NT$38.45 — trading 28.6% below its estimated fair value. The current Days Payable is 9.52, which is 92% above median its 10-year median of 4.95 and 77% below the Steel industry median of 41.39. Hsin Kuang Steel Co's overall GF Score™ is 76/100 with 8 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 Hsin Kuang Steel Co (TPE:2031), the current Days Payable is 9.52 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 Hsin Kuang Steel Co (TPE:2031) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin Kuang Steel Co stock appears to be undervalued. The current stock price of NT$38.45 is trading 28.6% below its estimated GF Value™ of NT$53.84. GuruFocus considers Hsin Kuang Steel Co to be Modestly Undervalued.

Key valuation signals for TPE:2031:

  • Days Payable: 9.52 (92% above median its 10-year median of 4.95)
  • GF Value™: NT$53.84 vs. price of NT$38.45 (28.6% below fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 77% below the Steel median (#566 of 597)

No single metric tells the full story. See the TPE:2031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin Kuang Steel Co Business Description

Address 97 Chongxin Road, Section 4, 25th Floor, Sanchong District, New Taipei, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and the sale of steel products, including steel coils, steel plates, stainless steel, alloy steel, special steel, and SuperDyma. Geographically, its business activities are carried out across Taiwan. The company operates in four segments, which include Steel - Direct Sales, Steel - Manufacturing Sales, Construction Projects, and Leases. The majority of its revenue is generated from the Steel-Direct Sales Segment. Geographically, operates in Taiwan.
76GF Score

Get the complete analysis for TPE:2031

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

NT$38.45
Price
NT$53.84
GF Value