Yuen Chang Stainless Steel Co (TPE:2069) Days Payable: 10.07 (As of Jun. 2026) — 175% Above Median

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TPE:2069 Yuen Chang Stainless Steel Co Ltd TPE:2069
68 GF Score
Price NT$20.35
GF Value NT$14.43
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Yuen Chang Stainless Steel Co Days Payable?

Yuen Chang Stainless Steel Co TPE:2069 +1.50% 68 Days Payable is 10.07 as of Jun. 2026, which is 175% above its 10-year median of 3.66. GuruFocus rates TPE:2069 with a GF Score™ of 68/100 and a GF Value™ of NT$14.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 598 Steel companies, Yuen Chang Stainless Steel Co ranks worse than 95.32% on this metric.

Yuen Chang Stainless Steel Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$247 Mil. Yuen Chang Stainless Steel Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$2,241 Mil. Hence, Yuen Chang Stainless Steel Co's Days Payable for the three months ended in Jun. 2026 was 10.07.

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

TPE:2069' s Days Payable Range Over the Past 10 Years
Min: 1.13   Med: 3.66   Max: 8.51
Current: 6.24

During the past 13 years, Yuen Chang Stainless Steel Co's highest Days Payable was 8.51. The lowest was 1.13. And the median was 3.66.

TPE:2069's Days Payable is ranked worse than
95.32% of 598 companies
in the Steel industry
Industry Median: 41.855 vs TPE:2069: 6.24

Yuen Chang Stainless Steel Co's Days Payable increased from Jun. 2025 (2.35) to Jun. 2026 (10.07). It may suggest that Yuen Chang Stainless Steel Co delayed paying its suppliers.


Yuen Chang Stainless Steel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Yuen Chang Stainless 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.

Yuen Chang Stainless Steel Co Days Payable Chart

Yuen Chang Stainless 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 4.78 5.97 3.19 1.13 1.73

Yuen Chang Stainless Steel Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.35 3.68 4.01 5.77 10.07

TPE:2069 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Yuen Chang Stainless 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.


Yuen Chang Stainless Steel Co Days Payable vs Steel Industry

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

* The bar in red indicates where Yuen Chang Stainless Steel Co's Days Payable falls into.


TPE:2069
68GF Score
Yuen Chang Stainless Steel Co Ltd TPE:2069
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yuen Chang Stainless 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.

Yuen Chang Stainless 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
=( (23.782 + 63.157) / 2 ) / 9148.464*365
=43.4695 / 9148.464*365
=1.73

Yuen Chang Stainless Steel Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (192.922 + 301.779) / 2 ) / 2240.81*365 / 4
=247.3505 / 2240.81*365 / 4
=10.07

* 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 10.07 mean?
Yuen Chang Stainless Steel Co (TPE:2069) has a Days Payable of 10.07 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Yuen Chang Stainless Steel Co and its competitors. This is 175% above median its historical median of 3.66. Over the past decade, Yuen Chang Stainless Steel Co's Days Payable has ranged from 1.13 to 8.51. According to the industry distribution chart, Yuen Chang Stainless Steel Co ranks #570 out of 598 companies in the Steel industry, placing it in the top 95.3%.
Is Yuen Chang Stainless Steel Co's Days Payable too high?
Yuen Chang Stainless Steel Co's current Days Payable of 10.07 is 175% above median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 8.51. The Steel industry median Days Payable is 41.86. Yuen Chang Stainless Steel Co's value of 10.07 is 75.9% below this industry median. Based on the distribution chart, Yuen Chang Stainless Steel Co ranks #570 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Yuen Chang Stainless Steel Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yuen Chang Stainless Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Yuen Chang Stainless Steel Co ranks #570 out of 598 companies for Days Payable. This places Yuen Chang Stainless Steel Co in the lower half of its industry. The industry median Days Payable is 41.86. Yuen Chang Stainless Steel Co's value of 10.07 is 75.9% below this benchmark. Historically, Yuen Chang Stainless Steel Co's own Days Payable has ranged from 1.13 to 8.51 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 41.86, Yuen Chang Stainless 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 41.86, 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. Yuen Chang Stainless Steel Co's current Days Payable of 10.07 is 75.9% 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 Yuen Chang Stainless Steel Co and its competitors. For the Steel industry, the median Days Payable is 41.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yuen Chang Stainless Steel Co's current Days Payable is 10.07, which is 175% above median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuen Chang Stainless Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Yuen Chang Stainless Steel Co (TPE:2069) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.43, compared to a current price of NT$20.35 — trading 41% above its estimated fair value. The current Days Payable is 10.07, which is 175% above median its 10-year median of 3.66 and 75.9% below the Steel industry median of 41.86. Yuen Chang Stainless Steel Co's overall GF Score™ is 68/100 with 7 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 Yuen Chang Stainless Steel Co (TPE:2069), the current Days Payable is 10.07 as of Jun. 2026. 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 Yuen Chang Stainless Steel Co (TPE:2069) Overvalued in 2026?

Based on GuruFocus' analysis, Yuen Chang Stainless Steel Co stock appears to be overvalued. The current stock price of NT$20.35 is trading 41% above its estimated GF Value™ of NT$14.43. GuruFocus considers Yuen Chang Stainless Steel Co to be Significantly Overvalued.

Key valuation signals for TPE:2069:

  • Days Payable: 10.07 (175% above median its 10-year median of 3.66)
  • GF Value™: NT$14.43 vs. price of NT$20.35 (41% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 75.9% below the Steel median (#570 of 598)

No single metric tells the full story. See the TPE:2069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yuen Chang Stainless Steel Co Business Description

Address Zhongzheng 4th Road, No. 235, 13th Floor - 1, Qianjin District, Kaohsiung, TWN
Yuen Chang Stainless Steel Co Ltd specializes in stainless steel processing and manufacturing. The company, together with its subsidiaries, is mainly involved in stainless steel shearing, splitting, surface finishing, processing, trading, and the import and export of stainless steel products. Geographically, it derives maximum revenue from Asia (excluding Taiwan), followed by the Americas, Taiwan, and other regions.
68GF Score

Get the complete analysis for TPE:2069

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

NT$20.35
Price
NT$14.43
GF Value