Tae Yang Metal Co (XKRX:004100) Days Payable: 89.12 (As of Mar. 2026) — 20% Above Median

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XKRX:004100 Tae Yang Metal Co Ltd XKRX:004100
55 GF Score
Price ₩2,395.00
GF Value ₩2,687.63
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tae Yang Metal Co Days Payable?

Tae Yang Metal Co XKRX:004100 +0.63% 55 Days Payable is 89.12 as of Mar. 2026, which is 20% above its 10-year median of 74.26. GuruFocus rates XKRX:004100 with a GF Score™ of 55/100 and a GF Value™ of ₩2,687.63 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Tae Yang Metal Co ranks better than 65.39% on this metric.

Tae Yang Metal Co's average Accounts Payable for the three months ended in Mar. 2026 was ₩125,594 Mil. Tae Yang Metal Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₩128,600 Mil. Hence, Tae Yang Metal Co's Days Payable for the three months ended in Mar. 2026 was 89.12.

The historical rank and industry rank for Tae Yang Metal Co's Days Payable or its related term are showing as below:

XKRX:004100' s Days Payable Range Over the Past 10 Years
Min: 63.18   Med: 74.26   Max: 91.43
Current: 91.43

During the past 13 years, Tae Yang Metal Co's highest Days Payable was 91.43. The lowest was 63.18. And the median was 74.26.

XKRX:004100's Days Payable is ranked better than
65.39% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.255 vs XKRX:004100: 91.43

Tae Yang Metal Co's Days Payable increased from Mar. 2025 (81.39) to Mar. 2026 (89.12). It may suggest that Tae Yang Metal Co delayed paying its suppliers.


Tae Yang Metal Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tae Yang Metal 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.

Tae Yang Metal Co Days Payable Chart

Tae Yang Metal 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 76.61 77.40 81.77 71.91 78.12

Tae Yang Metal Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 81.39 89.31 92.54 96.07 89.12

XKRX:004100 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Tae Yang Metal 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.


Tae Yang Metal Co Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tae Yang Metal Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tae Yang Metal Co's Days Payable falls into.


XKRX:004100
55GF Score
Tae Yang Metal Co Ltd XKRX:004100
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tae Yang Metal 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.

Tae Yang Metal 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
=( (96859.989 + 127256.516) / 2 ) / 523578.836*365
=112058.2525 / 523578.836*365
=78.12

Tae Yang Metal Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (127256.516 + 123932.305) / 2 ) / 128600.223*365 / 4
=125594.4105 / 128600.223*365 / 4
=89.12

* 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 89.12 mean?
Tae Yang Metal Co (XKRX:004100) has a Days Payable of 89.12 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tae Yang Metal Co and its competitors. This is 20% above median its historical median of 74.26. Over the past decade, Tae Yang Metal Co's Days Payable has ranged from 63.18 to 91.43. According to the industry distribution chart, Tae Yang Metal Co ranks #452 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 34.6%.
Is Tae Yang Metal Co's Days Payable too high?
Tae Yang Metal Co's current Days Payable of 89.12 is 20% above median its 10-year median of 74.26. Over the past 10 years, this metric has ranged from a low of 63.18 to a high of 91.43. The Vehicles & Parts industry median Days Payable is 67.26. Tae Yang Metal Co's value of 89.12 is 32.5% above this industry median. Based on the distribution chart, Tae Yang Metal Co ranks #452 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tae Yang Metal Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tae Yang Metal Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tae Yang Metal Co ranks #452 out of 1306 companies for Days Payable. This puts Tae Yang Metal Co in the upper half of its industry. The industry median Days Payable is 67.26. Tae Yang Metal Co's value of 89.12 is 32.5% above this benchmark. Historically, Tae Yang Metal Co's own Days Payable has ranged from 63.18 to 91.43 over the past decade. While the company's 10-year median is 74.26 vs. the industry median of 67.26, Tae Yang Metal Co has consistently been above 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.26, based on 1,306 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. Tae Yang Metal Co's current Days Payable of 89.12 is 32.5% above 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 Tae Yang Metal Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tae Yang Metal Co's current Days Payable is 89.12, which is 20% above median its own 10-year median of 74.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tae Yang Metal Co stock overvalued right now?
Based on GuruFocus' analysis, Tae Yang Metal Co (XKRX:004100) is currently considered Modestly Undervalued. The stock's GF Value™ is ₩2,687.63, compared to a current price of ₩2,395.00 — trading 10.9% below its estimated fair value. The current Days Payable is 89.12, which is 20% above median its 10-year median of 74.26 and 32.5% above the Vehicles & Parts industry median of 67.26. Tae Yang Metal Co's overall GF Score™ is 55/100 with 6 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 Tae Yang Metal Co (XKRX:004100), the current Days Payable is 89.12 as of Mar. 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 Tae Yang Metal Co (XKRX:004100) Overvalued in 2026?

Based on GuruFocus' analysis, Tae Yang Metal Co stock appears to be undervalued. The current stock price of ₩2,395.00 is trading 10.9% below its estimated GF Value™ of ₩2,687.63. GuruFocus considers Tae Yang Metal Co to be Modestly Undervalued.

Key valuation signals for XKRX:004100:

  • Days Payable: 89.12 (20% above median its 10-year median of 74.26)
  • GF Value™: ₩2,687.63 vs. price of ₩2,395.00 (10.9% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 32.5% above the Vehicles & Parts median (#452 of 1306)

No single metric tells the full story. See the XKRX:004100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tae Yang Metal Co Business Description

Other Exchanges 004105.PFD:Korea
Address 212 Haebong-ro, Danwon-Gu, Gyeonggi-do, Ansan-si, KOR
Tae Yang Metal Co Ltd is a South Korea-based company engaged in the manufacture and supply of forged products for automotive, mechanical, electrical, and electronic components to customers. Its product information is Steering, braking, eco-friendly, Drive, Suspension, and Industrial bolts.
55GF Score

Get the complete analysis for XKRX:004100

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

₩2,395.00
Price
₩2,687.63
GF Value