Globe Industries (TPE:1324) Days Payable: 15.67 (As of Dec. 2025) — 28% Below Median

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TPE:1324 Globe Industries Corp TPE:1324
65 GF Score
Price NT$10.35
GF Value NT$9.89
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Globe Industries Days Payable?

Globe Industries TPE:1324 65 Days Payable is 15.67 as of Dec. 2025, which is 28% below its 10-year median of 21.88. GuruFocus rates TPE:1324 with a GF Score™ of 65/100 and a GF Value™ of NT$9.89 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,993 Industrial Products companies, Globe Industries ranks worse than 96.09% on this metric.

Globe Industries's average Accounts Payable for the three months ended in Dec. 2025 was NT$27.7 Mil. Globe Industries's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$161.3 Mil. Hence, Globe Industries's Days Payable for the three months ended in Dec. 2025 was 15.67.

The historical rank and industry rank for Globe Industries's Days Payable or its related term are showing as below:

TPE:1324' s Days Payable Range Over the Past 10 Years
Min: 15.26   Med: 21.88   Max: 23.34
Current: 16.71

During the past 13 years, Globe Industries's highest Days Payable was 23.34. The lowest was 15.26. And the median was 21.88.

TPE:1324's Days Payable is ranked worse than
96.09% of 2993 companies
in the Industrial Products industry
Industry Median: 78.04 vs TPE:1324: 16.71

Globe Industries's Days Payable declined from Dec. 2024 (17.90) to Dec. 2025 (15.67). It may suggest that Globe Industries accelerated paying its suppliers.


Globe Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Globe Industries'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.

Globe Industries Days Payable Chart

Globe Industries 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 21.77 18.93 15.26 17.86 16.48

Globe Industries 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 17.90 19.08 15.28 17.21 15.67

Globe Industries Days Payable Competitor Comparison

For the Business Equipment & Supplies subindustry, Globe Industries'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.


Globe Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Globe Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Globe Industries's Days Payable falls into.


TPE:1324
65GF Score
Globe Industries Corp TPE:1324
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Industries 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.

Globe Industries'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
=( (34.562 + 22.621) / 2 ) / 633.39*365
=28.5915 / 633.39*365
=16.48

Globe Industries'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
=( (32.762 + 22.621) / 2 ) / 161.263*365 / 4
=27.6915 / 161.263*365 / 4
=15.67

* 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 15.67 mean?
Globe Industries (TPE:1324) has a Days Payable of 15.67 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 Globe Industries and its competitors. This is 28% below median its historical median of 21.88. Over the past decade, Globe Industries' Days Payable has ranged from 15.26 to 23.34. According to the industry distribution chart, Globe Industries ranks #2876 out of 2993 companies in the Industrial Products industry, placing it in the top 96.1%.
Is Globe Industries' Days Payable too high?
Globe Industries' current Days Payable of 15.67 is 28% below median its 10-year median of 21.88. Over the past 10 years, this metric has ranged from a low of 15.26 to a high of 23.34. The Industrial Products industry median Days Payable is 78.04. Globe Industries' value of 15.67 is 79.9% below this industry median. Based on the distribution chart, Globe Industries ranks #2876 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Globe Industries has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Industries' Days Payable compare to competitors?
According to the Industrial Products industry distribution chart, Globe Industries ranks #2876 out of 2993 companies for Days Payable. This places Globe Industries in the lower half of its industry. The industry median Days Payable is 78.04. Globe Industries' value of 15.67 is 79.9% below this benchmark. Historically, Globe Industries' own Days Payable has ranged from 15.26 to 23.34 over the past decade. While the company's 10-year median is 21.88 vs. the industry median of 78.04, Globe Industries 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Globe Industries's current Days Payable of 15.67 is 79.9% 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 Globe Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Industries's current Days Payable is 15.67, which is 28% below median its own 10-year median of 21.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Industries stock overvalued right now?
Based on GuruFocus' analysis, Globe Industries (TPE:1324) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.89, compared to a current price of NT$10.35 — trading 4.7% above its estimated fair value. The current Days Payable is 15.67, which is 28% below median its 10-year median of 21.88 and 79.9% below the Industrial Products industry median of 78.04. Globe Industries' overall GF Score™ is 65/100 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 Globe Industries (TPE:1324), the current Days Payable is 15.67 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 Globe Industries (TPE:1324) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Industries stock appears to be overvalued. The current stock price of NT$10.35 is trading 4.7% above its estimated GF Value™ of NT$9.89. GuruFocus considers Globe Industries to be Fairly Valued.

Key valuation signals for TPE:1324:

  • Days Payable: 15.67 (28% below median its 10-year median of 21.88)
  • GF Value™: NT$9.89 vs. price of NT$10.35 (4.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 79.9% below the Industrial Products median (#2876 of 2993)

No single metric tells the full story. See the TPE:1324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Industries Business Description

Address Nanjing East Road, 7th Floor, No. 61, Section 3, Zhongshan District, Taipei, TWN, 104507
Globe Industries Corp is a manufacturer of different tapes. The products offered by the company include PVC electrical insulating tape, protective tape, masking tape, foil tape, and packaging tape, among others. Geographically, the company generates a majority of its revenue from its business in Taiwan and the rest from Africa, the Middle East, East Asia, and other regions.
65GF Score

Get the complete analysis for TPE:1324

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

NT$10.35
Price
NT$9.89
GF Value