Tong Yang Industry CoTPE:1319 88 Days Payable is 54.53 as of Dec. 2025, which is 10% below its 10-year median of 60.84. GuruFocus rates TPE:1319 with a GF Score™ of 88/100 and a GF Value™ of NT$95.80 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Tong Yang Industry Co ranks worse than 57.08% on this metric.
Tong Yang Industry Co Days Payable Historical Data
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The historical data trend for Tong Yang Industry 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.
For the Auto Parts subindustry, Tong Yang Industry 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.
Tong Yang Industry Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tong Yang Industry Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tong Yang Industry 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.
Tong Yang Industry Co's Days Payable for the fiscal year that ended in Dec. 2025 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.
Tong Yang Industry Co (TPE:1319) has a Days Payable of 54.53 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 Tong Yang Industry Co and its competitors. This is 10% below median its historical median of 60.84. Over the past decade, Tong Yang Industry Co's Days Payable has ranged from 55.12 to 64.87. According to the industry distribution chart, Tong Yang Industry Co ranks #746 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 57.1%.
Is Tong Yang Industry Co's Days Payable too high?
Tong Yang Industry Co's current Days Payable of 54.53 is 10% below median its 10-year median of 60.84. Over the past 10 years, this metric has ranged from a low of 55.12 to a high of 64.87. The Vehicles & Parts industry median Days Payable is 67.02. Tong Yang Industry Co's value of 54.53 is 18.6% below this industry median. Based on the distribution chart, Tong Yang Industry Co ranks #746 out of 1307 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tong Yang Industry Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Yang Industry Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tong Yang Industry Co ranks #746 out of 1307 companies for Days Payable. This places Tong Yang Industry Co in the lower half of its industry. The industry median Days Payable is 67.02. Tong Yang Industry Co's value of 54.53 is 18.6% below this benchmark. Historically, Tong Yang Industry Co's own Days Payable has ranged from 55.12 to 64.87 over the past decade. While the company's 10-year median is 60.84 vs. the industry median of 67.02, Tong Yang Industry 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,307 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. Tong Yang Industry Co's current Days Payable of 54.53 is 18.6% 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 Tong Yang Industry Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Yang Industry Co's current Days Payable is 54.53, which is 10% below median its own 10-year median of 60.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Yang Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Yang Industry Co (TPE:1319) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$95.80, compared to a current price of NT$75.80 — trading 20.9% below its estimated fair value. The current Days Payable is 54.53, which is 10% below median its 10-year median of 60.84 and 18.6% below the Vehicles & Parts industry median of 67.02. Tong Yang Industry Co's overall GF Score™ is 88/100 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 Tong Yang Industry Co (TPE:1319), the current Days Payable is 54.53 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 Tong Yang Industry Co (TPE:1319) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Yang Industry Co stock appears to be undervalued.
The current stock price of NT$75.80 is trading 20.9% below its estimated GF Value™ of NT$95.80.
GuruFocus considers Tong Yang Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:1319:
Days Payable: 54.53 (10% below median its 10-year median of 60.84)
GF Value™: NT$95.80 vs. price of NT$75.80 (20.9% below fair value)
Industry Position: 18.6% below the Vehicles & Parts median (#746 of 1307)
No single metric tells the full story. See the TPE:1319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Yang Industry Co Ltd is engaged in the manufacture and sale of parts, components, and models for automobiles. The reportable segments of the company are as follows: Domestic Operating Entity and Foreign Operating Entity. It generates the majority of its revenue from the Domestic Operating Entity, which is responsible for the auto parts and components required by domestic production and sales.
88GF Score
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