Far Eastern New Century (TPE:1402) Days Payable: 41.13 (As of Dec. 2025) — 15% Above Median


TPE:1402 Far Eastern New Century Corp TPE:1402
77 GF Score
Price NT$27.45
GF Value NT$33.16
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Far Eastern New Century Days Payable?

Far Eastern New Century TPE:1402 77 Days Payable is 41.13 as of Dec. 2025, which is 15% above its 10-year median of 35.62. GuruFocus rates TPE:1402 with a GF Score™ of 77/100 and a GF Value™ of NT$33.16 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,013 Manufacturing - Apparel & Accessories companies, Far Eastern New Century ranks worse than 62.19% on this metric.

Far Eastern New Century's average Accounts Payable for the three months ended in Dec. 2025 was NT$25,059 Mil. Far Eastern New Century's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$55,593 Mil. Hence, Far Eastern New Century's Days Payable for the three months ended in Dec. 2025 was 41.13.

The historical rank and industry rank for Far Eastern New Century's Days Payable or its related term are showing as below:

TPE:1402' s Days Payable Range Over the Past 10 Years
Min: 31.29   Med: 35.62   Max: 45.68
Current: 41.64

During the past 13 years, Far Eastern New Century's highest Days Payable was 45.68. The lowest was 31.29. And the median was 35.62.

TPE:1402's Days Payable is ranked worse than
62.19% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.99 vs TPE:1402: 41.64

Far Eastern New Century's Days Payable increased from Dec. 2024 (37.13) to Dec. 2025 (41.13). It may suggest that Far Eastern New Century delayed paying its suppliers.


Far Eastern New Century Days Payable Historical Data

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The historical data trend for Far Eastern New Century'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.

Far Eastern New Century Days Payable Chart

Far Eastern New Century 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 35.47 32.87 35.76 38.96 45.68

Far Eastern New Century 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 37.13 41.95 38.78 40.55 41.13

Far Eastern New Century Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Far Eastern New Century'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.


Far Eastern New Century Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's Days Payable distribution charts can be found below:

* The bar in red indicates where Far Eastern New Century's Days Payable falls into.


TPE:1402
77GF Score
Far Eastern New Century Corp TPE:1402
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Far Eastern New Century 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.

Far Eastern New Century'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
=( (24353.893 + 26279.773) / 2 ) / 202270.622*365
=25316.833 / 202270.622*365
=45.68

Far Eastern New Century'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
=( (23838.898 + 26279.773) / 2 ) / 55592.689*365 / 4
=25059.3355 / 55592.689*365 / 4
=41.13

* 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 41.13 mean?
Far Eastern New Century (TPE:1402) has a Days Payable of 41.13 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 Far Eastern New Century and its competitors. This is 15% above median its historical median of 35.62. Over the past decade, Far Eastern New Century's Days Payable has ranged from 31.29 to 45.68. According to the industry distribution chart, Far Eastern New Century ranks #630 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62.2%.
Is Far Eastern New Century's Days Payable too high?
Far Eastern New Century's current Days Payable of 41.13 is 15% above median its 10-year median of 35.62. Over the past 10 years, this metric has ranged from a low of 31.29 to a high of 45.68. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.99. Far Eastern New Century's value of 41.13 is 23.8% below this industry median. Based on the distribution chart, Far Eastern New Century ranks #630 out of 1013 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Far Eastern New Century has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Far Eastern New Century's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Far Eastern New Century ranks #630 out of 1013 companies for Days Payable. This places Far Eastern New Century in the lower half of its industry. The industry median Days Payable is 53.99. Far Eastern New Century's value of 41.13 is 23.8% below this benchmark. Historically, Far Eastern New Century's own Days Payable has ranged from 31.29 to 45.68 over the past decade. While the company's 10-year median is 35.62 vs. the industry median of 53.99, Far Eastern New Century 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 53.99, based on 1,013 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. Far Eastern New Century's current Days Payable of 41.13 is 23.8% 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 Far Eastern New Century and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Eastern New Century's current Days Payable is 41.13, which is 15% above median its own 10-year median of 35.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Eastern New Century stock overvalued right now?
Based on GuruFocus' analysis, Far Eastern New Century (TPE:1402) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.16, compared to a current price of NT$27.45 — trading 17.2% below its estimated fair value. The current Days Payable is 41.13, which is 15% above median its 10-year median of 35.62 and 23.8% below the Manufacturing - Apparel & Accessories industry median of 53.99. Far Eastern New Century's overall GF Score™ is 77/100 with 7 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 Far Eastern New Century (TPE:1402), the current Days Payable is 41.13 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 Far Eastern New Century (TPE:1402) Overvalued in 2026?

Based on GuruFocus' analysis, Far Eastern New Century stock appears to be undervalued. The current stock price of NT$27.45 is trading 17.2% below its estimated GF Value™ of NT$33.16. GuruFocus considers Far Eastern New Century to be Modestly Undervalued.

Key valuation signals for TPE:1402:

  • Days Payable: 41.13 (15% above median its 10-year median of 35.62)
  • GF Value™: NT$33.16 vs. price of NT$27.45 (17.2% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 23.8% below the Manufacturing - Apparel & Accessories median (#630 of 1013)

No single metric tells the full story. See the TPE:1402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Far Eastern New Century Business Description

Address No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; and Investment and other business.
77GF Score

Get the complete analysis for TPE:1402

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

NT$27.45
Price
NT$33.16
GF Value