Wonil Special Steel Co (XKRX:012620) Days Payable: 32.50 (As of Jun. 2026) — 47% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:012620 Wonil Special Steel Co Ltd XKRX:012620
77 GF Score
Price ₩7,020.00
GF Value ₩8,724.57
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Wonil Special Steel Co Days Payable?

Wonil Special Steel Co XKRX:012620 +0.14% 77 Days Payable is 32.50 as of Jun. 2026, which is 47% above its 10-year median of 22.18. GuruFocus rates XKRX:012620 with a GF Score™ of 77/100 and a GF Value™ of ₩8,724.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 597 Steel companies, Wonil Special Steel Co ranks worse than 63.65% on this metric.

Wonil Special Steel Co's average Accounts Payable for the three months ended in Jun. 2026 was ₩37,755 Mil. Wonil Special Steel Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ₩106,011 Mil. Hence, Wonil Special Steel Co's Days Payable for the three months ended in Jun. 2026 was 32.50.

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

XKRX:012620' s Days Payable Range Over the Past 10 Years
Min: 19.49   Med: 22.18   Max: 30.52
Current: 30.52

During the past 13 years, Wonil Special Steel Co's highest Days Payable was 30.52. The lowest was 19.49. And the median was 22.18.

XKRX:012620's Days Payable is ranked worse than
63.65% of 597 companies
in the Steel industry
Industry Median: 42.69 vs XKRX:012620: 30.52

Wonil Special Steel Co's Days Payable increased from Jun. 2025 (28.55) to Jun. 2026 (32.50). It may suggest that Wonil Special Steel Co delayed paying its suppliers.


Wonil Special Steel Co Days Payable Historical Data

* Premium members only.

The historical data trend for Wonil Special 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.

Wonil Special Steel Co Days Payable Chart

Wonil Special 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 22.64 23.15 23.44 19.49 21.27

Wonil Special 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 28.55 30.27 26.97 29.41 32.50

XKRX:012620 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Wonil Special 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.


Wonil Special Steel Co Days Payable vs Steel Industry

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

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


XKRX:012620
77GF Score
Wonil Special Steel Co Ltd XKRX:012620
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wonil Special 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.

Wonil Special 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
=( (19175.34 + 23865.794) / 2 ) / 369364.461*365
=21520.567 / 369364.461*365
=21.27

Wonil Special 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
=( (36559.504 + 38950.604) / 2 ) / 106011.251*365 / 4
=37755.054 / 106011.251*365 / 4
=32.50

* 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 32.50 mean?
Wonil Special Steel Co (XKRX:012620) has a Days Payable of 32.50 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 Wonil Special Steel Co and its competitors. This is 47% above median its historical median of 22.18. Over the past decade, Wonil Special Steel Co's Days Payable has ranged from 19.49 to 30.52. According to the industry distribution chart, Wonil Special Steel Co ranks #380 out of 597 companies in the Steel industry, placing it in the top 63.7%.
Is Wonil Special Steel Co's Days Payable too high?
Wonil Special Steel Co's current Days Payable of 32.50 is 47% above median its 10-year median of 22.18. Over the past 10 years, this metric has ranged from a low of 19.49 to a high of 30.52. The Steel industry median Days Payable is 42.69. Wonil Special Steel Co's value of 32.50 is 23.9% below this industry median. Based on the distribution chart, Wonil Special Steel Co ranks #380 out of 597 companies in the Steel industry, which is below the industry midpoint. Overall, Wonil Special Steel Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wonil Special Steel Co's Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Wonil Special Steel Co ranks #380 out of 597 companies for Days Payable. This places Wonil Special Steel Co in the lower half of its industry. The industry median Days Payable is 42.69. Wonil Special Steel Co's value of 32.50 is 23.9% below this benchmark. Historically, Wonil Special Steel Co's own Days Payable has ranged from 19.49 to 30.52 over the past decade. While the company's 10-year median is 22.18 vs. the industry median of 42.69, Wonil Special 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 42.69, 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. Wonil Special Steel Co's current Days Payable of 32.50 is 23.9% 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 Wonil Special Steel Co and its competitors. For the Steel industry, the median Days Payable is 42.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wonil Special Steel Co's current Days Payable is 32.50, which is 47% above median its own 10-year median of 22.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wonil Special Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Wonil Special Steel Co (XKRX:012620) is currently considered Modestly Undervalued. The stock's GF Value™ is ₩8,724.57, compared to a current price of ₩7,020.00 — trading 19.5% below its estimated fair value. The current Days Payable is 32.50, which is 47% above median its 10-year median of 22.18 and 23.9% below the Steel industry median of 42.69. Wonil Special Steel Co's overall GF Score™ is 77/100 with 3 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 Wonil Special Steel Co (XKRX:012620), the current Days Payable is 32.50 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 Wonil Special Steel Co (XKRX:012620) Overvalued in 2026?

Based on GuruFocus' analysis, Wonil Special Steel Co stock appears to be undervalued. The current stock price of ₩7,020.00 is trading 19.5% below its estimated GF Value™ of ₩8,724.57. GuruFocus considers Wonil Special Steel Co to be Modestly Undervalued.

Key valuation signals for XKRX:012620:

  • Days Payable: 32.50 (47% above median its 10-year median of 22.18)
  • GF Value™: ₩8,724.57 vs. price of ₩7,020.00 (19.5% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 23.9% below the Steel median (#380 of 597)

No single metric tells the full story. See the XKRX:012620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wonil Special Steel Co Business Description

Address 4, Gongdan 2-daero 256beongil, Siheung-si, Gyeonggi-do, KOR, 429-936
Wonil Special Steel Co Ltd is involved in manufacturing and distributing specialty steel products. The company offers high carbon and high-speed tool, hot and cold work tool, plastic mold, carbon and alloy structural, bearing, and flame hardening steel products in the form of shaped steel, bars, plates, and half-finished products.
77GF Score

Get the complete analysis for XKRX:012620

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

₩7,020.00
Price
₩8,724.57
GF Value