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The historical rank and industry rank for Victory New Materials Co's Days Payable or its related term are showing as below:
TPE:1340'
s Days Payable Range Over the Past 10 Years
Min: 19.96 Med: 31.55 Max: 179.43
Current: 58.16
During the past 13 years, Victory New Materials Co's highest Days Payable was 179.43. The lowest was 19.96. And the median was 31.55.
TPE:1340's Days Payable is ranked better than 53.99% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs TPE:1340: 58.16
Victory New Materials Co's Days Payable
stayed the same
from Dec. 2024 (0.00) to Dec. 2025 (0.00).
stayed the same
Victory New Materials Co Days Payable Related Terms
Victory New Materials Co Days Payable Historical Data
* 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.
TPE:1340 vs NKE, DECK, ONON: Days Payable Comparison
For the Footwear & Accessories subindustry, Victory New Materials 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.
Victory New Materials Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Victory New Materials Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Victory New Materials 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.
Victory New Materials 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.
Victory New Materials Co (TPE:1340) has a Days Payable of 0.00 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 Victory New Materials Co and its competitors. Over the past decade, Victory New Materials Co's Days Payable has ranged from 19.96 to 179.43. According to the industry distribution chart, Victory New Materials Co ranks #467 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46%.
Is Victory New Materials Co's Days Payable too high?
Victory New Materials Co's current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 19.96 to a high of 179.43. Based on the distribution chart, Victory New Materials Co ranks #467 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Victory New Materials Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victory New Materials Co's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Victory New Materials Co ranks #467 out of 1015 companies for Days Payable. This puts Victory New Materials Co in the upper half of its industry. The industry median Days Payable is 54.22. Historically, Victory New Materials Co's own Days Payable has ranged from 19.96 to 179.43 over the past decade. 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. 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 Victory New Materials Co 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. Victory New Materials Co's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Victory New Materials Co (TPE:1340) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.92, compared to a current price of NT$5.33 — trading 479.3% above its estimated fair value. The current Days Payable is 0.00. Victory New Materials Co's overall GF Score™ is 30/100 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 Victory New Materials Co (TPE:1340), the current Days Payable is 0.00 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 Victory New Materials Co (TPE:1340) Overvalued in 2026?
Based on GuruFocus' analysis, Victory New Materials Co stock appears to be overvalued.
The current stock price of NT$5.33 is trading 479.3% above its estimated GF Value™ of NT$0.92.
GuruFocus considers Victory New Materials Co to be Significantly Overvalued.
Key valuation signals for TPE:1340:
Days Payable: 0.00
GF Value™: NT$0.92 vs. price of NT$5.33 (479.3% above fair value)
No single metric tells the full story. See the TPE:1340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Victory New Materials Ltd Co is engaged in the manufacturing and trading of various types of shoe sole materials and office building and factory leasing and hotel operations and other related business operations and investments. Its products include rubber soles, monochrome soles, two-color dual-hardness soles, and color dual-density soles. The company also provides rubber foam soles and EVO granules, as well as finished shoes.
30GF Score
Get the complete analysis for TPE:1340
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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