Tah hsin Industrial (TPE:1315) Days Payable: 10.67 (As of Dec. 2025) — Near Median

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TPE:1315 Tah hsin Industrial Corp TPE:1315
78 GF Score
Price NT$63.80
GF Value NT$66.64
Valuation Fairly Valued
! 5 Warning Signs
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What is Tah hsin Industrial Days Payable?

Tah hsin Industrial TPE:1315 +0.16% 78 Days Payable is 10.67 as of Dec. 2025, which is 7% below its 10-year median of 11.45. GuruFocus rates TPE:1315 with a GF Score™ of 78/100 and a GF Value™ of NT$66.64 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Tah hsin Industrial ranks worse than 93% on this metric.

Tah hsin Industrial's average Accounts Payable for the three months ended in Dec. 2025 was NT$50 Mil. Tah hsin Industrial's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$430 Mil. Hence, Tah hsin Industrial's Days Payable for the three months ended in Dec. 2025 was 10.67.

The historical rank and industry rank for Tah hsin Industrial's Days Payable or its related term are showing as below:

TPE:1315' s Days Payable Range Over the Past 10 Years
Min: 8.83   Med: 11.45   Max: 14.05
Current: 12.06

During the past 13 years, Tah hsin Industrial's highest Days Payable was 14.05. The lowest was 8.83. And the median was 11.45.

TPE:1315's Days Payable is ranked worse than
93% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs TPE:1315: 12.06

Tah hsin Industrial's Days Payable declined from Dec. 2024 (12.54) to Dec. 2025 (10.67). It may suggest that Tah hsin Industrial accelerated paying its suppliers.


Tah hsin Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for Tah hsin Industrial'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.

Tah hsin Industrial Days Payable Chart

Tah hsin Industrial 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 13.47 11.83 10.03 9.57 8.83

Tah hsin Industrial 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 12.54 16.55 14.07 10.15 10.67

TPE:1315 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Tah hsin Industrial'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.


Tah hsin Industrial Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tah hsin Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Tah hsin Industrial's Days Payable falls into.


TPE:1315
78GF Score
Tah hsin Industrial Corp TPE:1315
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tah hsin Industrial 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.

Tah hsin Industrial'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
=( (58.648 + 35.702) / 2 ) / 1951.102*365
=47.175 / 1951.102*365
=8.83

Tah hsin Industrial'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
=( (64.792 + 35.702) / 2 ) / 429.718*365 / 4
=50.247 / 429.718*365 / 4
=10.67

* 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 10.67 mean?
Tah hsin Industrial (TPE:1315) has a Days Payable of 10.67 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 Tah hsin Industrial and its competitors. This is near median its historical median of 11.45. Over the past decade, Tah hsin Industrial's Days Payable has ranged from 8.83 to 14.05. According to the industry distribution chart, Tah hsin Industrial ranks #944 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 93%.
Is Tah hsin Industrial's Days Payable too high?
Tah hsin Industrial's current Days Payable of 10.67 is near median its 10-year median of 11.45. Over the past 10 years, this metric has ranged from a low of 8.83 to a high of 14.05. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Tah hsin Industrial's value of 10.67 is 80.3% below this industry median. Based on the distribution chart, Tah hsin Industrial ranks #944 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Tah hsin Industrial has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tah hsin Industrial's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tah hsin Industrial ranks #944 out of 1015 companies for Days Payable. This places Tah hsin Industrial in the lower half of its industry. The industry median Days Payable is 54.22. Tah hsin Industrial's value of 10.67 is 80.3% below this benchmark. Historically, Tah hsin Industrial's own Days Payable has ranged from 8.83 to 14.05 over the past decade. While the company's 10-year median is 11.45 vs. the industry median of 54.22, Tah hsin Industrial 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 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. Tah hsin Industrial's current Days Payable of 10.67 is 80.3% 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 Tah hsin Industrial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tah hsin Industrial's current Days Payable is 10.67, which is near median its own 10-year median of 11.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tah hsin Industrial stock overvalued right now?
Based on GuruFocus' analysis, Tah hsin Industrial (TPE:1315) is currently considered Fairly Valued. The stock's GF Value™ is NT$66.64, compared to a current price of NT$63.80 — trading 4.3% below its estimated fair value. The current Days Payable is 10.67, which is near median its 10-year median of 11.45 and 80.3% below the Manufacturing - Apparel & Accessories industry median of 54.22. Tah hsin Industrial's overall GF Score™ is 78/100 with 5 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 Tah hsin Industrial (TPE:1315), the current Days Payable is 10.67 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 Tah hsin Industrial (TPE:1315) Overvalued in 2026?

Based on GuruFocus' analysis, Tah hsin Industrial stock appears to be undervalued. The current stock price of NT$63.80 is trading 4.3% below its estimated GF Value™ of NT$66.64. GuruFocus considers Tah hsin Industrial to be Fairly Valued.

Key valuation signals for TPE:1315:

  • Days Payable: 10.67 (near median its 10-year median of 11.45)
  • GF Value™: NT$66.64 vs. price of NT$63.80 (4.3% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 80.3% below the Manufacturing - Apparel & Accessories median (#944 of 1015)

No single metric tells the full story. See the TPE:1315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tah hsin Industrial Business Description

Address No. 51, 35th Road, Taichung Industrial Park, Xitun District, Taichung, TWN
Tah hsin Industrial Corp is engaged in the manufacturing and trading of a variety of plastic raincoats, nylon raincoats, overalls, wardrobes, nylon jackets, PP corrugated boards, TC ready-to-wear garments, leather goods, handbags, file folders, plastic film, carrier bags, laminating machines, and others. Its segments includes Raincoat, Garment, Binding machine, PP corrugated board, and Others.
78GF Score

Get the complete analysis for TPE:1315

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

NT$63.80
Price
NT$66.64
GF Value