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* 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.
XKRX:000970 vs NUE, STLD, RS: Days Payable Comparison
For the Steel subindustry, Korea Cast Iron Pipe 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.
Korea Cast Iron Pipe Co Days Payable vs Steel Industry
For the Steel industry and Basic Materials sector, Korea Cast Iron Pipe Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Korea Cast Iron Pipe 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.
Korea Cast Iron Pipe Co's Days Payable for the fiscal year that ended in Dec. 2024 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.
Korea Cast Iron Pipe Co (XKRX:000970) has a Days Payable of 32.41 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 Korea Cast Iron Pipe Co and its competitors. This is near median its historical median of 31.78. Over the past decade, Korea Cast Iron Pipe Co's Days Payable has ranged from 23.15 to 38.63. According to the industry distribution chart, Korea Cast Iron Pipe Co ranks #351 out of 595 companies in the Steel industry, placing it in the top 59%.
Is Korea Cast Iron Pipe Co's Days Payable too high?
Korea Cast Iron Pipe Co's current Days Payable of 32.41 is near median its 10-year median of 31.78. Over the past 10 years, this metric has ranged from a low of 23.15 to a high of 38.63. The Steel industry median Days Payable is 42.84. Korea Cast Iron Pipe Co's value of 32.41 is 24.3% below this industry median. Based on the distribution chart, Korea Cast Iron Pipe Co ranks #351 out of 595 companies in the Steel industry, which is below the industry midpoint. Overall, Korea Cast Iron Pipe Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Korea Cast Iron Pipe Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Korea Cast Iron Pipe Co ranks #351 out of 595 companies for Days Payable. This places Korea Cast Iron Pipe Co in the lower half of its industry. The industry median Days Payable is 42.84. Korea Cast Iron Pipe Co's value of 32.41 is 24.3% below this benchmark. Historically, Korea Cast Iron Pipe Co's own Days Payable has ranged from 23.15 to 38.63 over the past decade. While the company's 10-year median is 31.78 vs. the industry median of 42.84, Korea Cast Iron Pipe 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 42.84, based on 595 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. Korea Cast Iron Pipe Co's current Days Payable of 32.41 is 24.3% 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 Korea Cast Iron Pipe Co and its competitors. For the Steel industry, the median Days Payable is 42.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korea Cast Iron Pipe Co's current Days Payable is 32.41, which is near median its own 10-year median of 31.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korea Cast Iron Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Korea Cast Iron Pipe Co (XKRX:000970) is currently considered Fairly Valued. The stock's GF Value™ is ₩6,102.89, compared to a current price of ₩6,660.00 — trading 9.1% above its estimated fair value. The current Days Payable is 32.41, which is near median its 10-year median of 31.78 and 24.3% below the Steel industry median of 42.84. Korea Cast Iron Pipe Co's overall GF Score™ is 71/100 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 Korea Cast Iron Pipe Co (XKRX:000970), the current Days Payable is 32.41 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 Korea Cast Iron Pipe Co (XKRX:000970) Overvalued in 2026?
Based on GuruFocus' analysis, Korea Cast Iron Pipe Co stock appears to be overvalued.
The current stock price of ₩6,660.00 is trading 9.1% above its estimated GF Value™ of ₩6,102.89.
GuruFocus considers Korea Cast Iron Pipe Co to be Fairly Valued.
Key valuation signals for XKRX:000970:
Days Payable: 32.41 (near median its 10-year median of 31.78)
GF Value™: ₩6,102.89 vs. price of ₩6,660.00 (9.1% above fair value)
Industry Position: 24.3% below the Steel median (#351 of 595)
No single metric tells the full story. See the XKRX:000970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Korea Cast Iron Pipe Co Ltd is engaged in the manufacturing of cast iron pipes, mild steel pipes, straight and special-shaped pipes, other bolts and nuts, and other machine castings at its Busan Shinpyeong Plant, and produces pile steel pipes and water supply-coated steel pipes at its Pohang Plant.
71GF Score
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