Chia Ta World Co (TPE:2033) Days Payable: 1.70 (As of Dec. 2025) — 13% Above Median


TPE:2033 Chia Ta World Co Ltd TPE:2033
75 GF Score
Price NT$16.15
GF Value NT$18.58
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Chia Ta World Co Days Payable?

Chia Ta World Co TPE:2033 +0.94% 75 Days Payable is 1.70 as of Dec. 2025, which is 13% above its 10-year median of 1.51. GuruFocus rates TPE:2033 with a GF Score™ of 75/100 and a GF Value™ of NT$18.58 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 598 Steel companies, Chia Ta World Co ranks worse than 96.66% on this metric.

Chia Ta World Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$2.8 Mil. Chia Ta World Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$151.1 Mil. Hence, Chia Ta World Co's Days Payable for the three months ended in Dec. 2025 was 1.70.

The historical rank and industry rank for Chia Ta World Co's Days Payable or its related term are showing as below:

TPE:2033' s Days Payable Range Over the Past 10 Years
Min: 0.24   Med: 1.51   Max: 9.52
Current: 3.75

During the past 13 years, Chia Ta World Co's highest Days Payable was 9.52. The lowest was 0.24. And the median was 1.51.

TPE:2033's Days Payable is ranked worse than
96.66% of 598 companies
in the Steel industry
Industry Median: 41.385 vs TPE:2033: 3.75

Chia Ta World Co's Days Payable declined from Dec. 2024 (6.14) to Dec. 2025 (1.70). It may suggest that Chia Ta World Co accelerated paying its suppliers.


Chia Ta World Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chia Ta World 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.

Chia Ta World Co Days Payable Chart

Chia Ta World 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 1.97 1.40 3.87 9.52 5.64

Chia Ta World 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 6.14 5.99 2.74 2.64 1.70

TPE:2033 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Chia Ta World 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.


Chia Ta World Co Days Payable vs Steel Industry

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

* The bar in red indicates where Chia Ta World Co's Days Payable falls into.


TPE:2033
75GF Score
Chia Ta World Co Ltd TPE:2033
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chia Ta World 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.

Chia Ta World 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
=( (15.85 + 2.764) / 2 ) / 602.689*365
=9.307 / 602.689*365
=5.64

Chia Ta World 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
=( (2.876 + 2.764) / 2 ) / 151.066*365 / 4
=2.82 / 151.066*365 / 4
=1.70

* 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 1.70 mean?
Chia Ta World Co (TPE:2033) has a Days Payable of 1.70 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 Chia Ta World Co and its competitors. This is 13% above median its historical median of 1.51. Over the past decade, Chia Ta World Co's Days Payable has ranged from 0.24 to 9.52. According to the industry distribution chart, Chia Ta World Co ranks #578 out of 598 companies in the Steel industry, placing it in the top 96.7%.
Is Chia Ta World Co's Days Payable too high?
Chia Ta World Co's current Days Payable of 1.70 is 13% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 9.52. The Steel industry median Days Payable is 41.39. Chia Ta World Co's value of 1.70 is 95.9% below this industry median. Based on the distribution chart, Chia Ta World Co ranks #578 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Chia Ta World Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chia Ta World Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Chia Ta World Co ranks #578 out of 598 companies for Days Payable. This places Chia Ta World Co in the lower half of its industry. The industry median Days Payable is 41.39. Chia Ta World Co's value of 1.70 is 95.9% below this benchmark. Historically, Chia Ta World Co's own Days Payable has ranged from 0.24 to 9.52 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 41.39, Chia Ta World 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. Chia Ta World Co's current Days Payable of 1.70 is 95.9% 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 Chia Ta World 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. Chia Ta World Co's current Days Payable is 1.70, which is 13% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chia Ta World Co stock overvalued right now?
Based on GuruFocus' analysis, Chia Ta World Co (TPE:2033) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$18.58, compared to a current price of NT$16.15 — trading 13.1% below its estimated fair value. The current Days Payable is 1.70, which is 13% above median its 10-year median of 1.51 and 95.9% below the Steel industry median of 41.39. Chia Ta World Co's overall GF Score™ is 75/100 with 2 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 Chia Ta World Co (TPE:2033), the current Days Payable is 1.70 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 Chia Ta World Co (TPE:2033) Overvalued in 2026?

Based on GuruFocus' analysis, Chia Ta World Co stock appears to be undervalued. The current stock price of NT$16.15 is trading 13.1% below its estimated GF Value™ of NT$18.58. GuruFocus considers Chia Ta World Co to be Modestly Undervalued.

Key valuation signals for TPE:2033:

  • Days Payable: 1.70 (13% above median its 10-year median of 1.51)
  • GF Value™: NT$18.58 vs. price of NT$16.15 (13.1% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 95.9% below the Steel median (#578 of 598)

No single metric tells the full story. See the TPE:2033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chia Ta World Co Business Description

Address No. 2, Yongyun 5th Road, Yongkang District, Tainan, TWN
Chia Ta World Co Ltd is principally engaged in the manufacture, processing and distribution of steel products including steel wires, galvanized steel wires, galvanized iron wires, pre-stressed concrete (PC) steel wire, prestressed concrete (PC) steel wire strands, pre-stressed concrete (PC) deformed steel bars, steel wire strands, steel ropes, steel cables, springs, steel & iron wires, as well as machinery hardware parts. Geographically, the firm generates a majority of its revenue from Taiwan, followed by Japan and Mainland China.
75GF Score

Get the complete analysis for TPE:2033

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

NT$16.15
Price
NT$18.58
GF Value