Carnival Industrial (TPE:1417) Days Payable: 25.18 (As of Dec. 2025) — 26% Below Median


TPE:1417 Carnival Industrial Corp TPE:1417
50 GF Score
Price NT$9.10
GF Value NT$3.64
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Carnival Industrial Days Payable?

Carnival Industrial TPE:1417 -0.22% 50 Days Payable is 25.18 as of Dec. 2025, which is 26% below its 10-year median of 34.19. GuruFocus rates TPE:1417 with a GF Score™ of 50/100 and a GF Value™ of NT$3.64 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,097 Retail - Cyclical companies, Carnival Industrial ranks worse than 60.71% on this metric.

Carnival Industrial's average Accounts Payable for the three months ended in Dec. 2025 was NT$20.6 Mil. Carnival Industrial's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$74.7 Mil. Hence, Carnival Industrial's Days Payable for the three months ended in Dec. 2025 was 25.18.

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

TPE:1417' s Days Payable Range Over the Past 10 Years
Min: 10.66   Med: 34.19   Max: 66.04
Current: 41.26

During the past 13 years, Carnival Industrial's highest Days Payable was 66.04. The lowest was 10.66. And the median was 34.19.

TPE:1417's Days Payable is ranked worse than
60.71% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 51.85 vs TPE:1417: 41.26

Carnival Industrial's Days Payable increased from Dec. 2024 (10.95) to Dec. 2025 (25.18). It may suggest that Carnival Industrial delayed paying its suppliers.


Carnival Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for Carnival 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.

Carnival Industrial Days Payable Chart

Carnival 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 64.93 66.04 45.17 33.71 37.26

Carnival 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 10.95 94.86 50.19 39.09 25.18

TPE:1417 vs TJX, ROST, BURL: Days Payable Comparison

For the Apparel Retail subindustry, Carnival 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.


Carnival Industrial Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carnival Industrial's Days Payable distribution charts can be found below:

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


TPE:1417
50GF Score
Carnival Industrial Corp TPE:1417
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Carnival 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.

Carnival 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
=( (18.066 + 20.24) / 2 ) / 187.61*365
=19.153 / 187.61*365
=37.26

Carnival 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
=( (21.014 + 20.24) / 2 ) / 74.742*365 / 4
=20.627 / 74.742*365 / 4
=25.18

* 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 25.18 mean?
Carnival Industrial (TPE:1417) has a Days Payable of 25.18 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 Carnival Industrial and its competitors. This is 26% below median its historical median of 34.19. Over the past decade, Carnival Industrial's Days Payable has ranged from 10.66 to 66.04. According to the industry distribution chart, Carnival Industrial ranks #666 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 60.7%.
Is Carnival Industrial's Days Payable too high?
Carnival Industrial's current Days Payable of 25.18 is 26% below median its 10-year median of 34.19. Over the past 10 years, this metric has ranged from a low of 10.66 to a high of 66.04. The Retail - Cyclical industry median Days Payable is 51.85. Carnival Industrial's value of 25.18 is 51.4% below this industry median. Based on the distribution chart, Carnival Industrial ranks #666 out of 1097 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Carnival Industrial has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnival Industrial's Days Payable compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Carnival Industrial ranks #666 out of 1097 companies for Days Payable. This places Carnival Industrial in the lower half of its industry. The industry median Days Payable is 51.85. Carnival Industrial's value of 25.18 is 51.4% below this benchmark. Historically, Carnival Industrial's own Days Payable has ranged from 10.66 to 66.04 over the past decade. While the company's 10-year median is 34.19 vs. the industry median of 51.85, Carnival 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.85, based on 1,097 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. Carnival Industrial's current Days Payable of 25.18 is 51.4% 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 Carnival Industrial and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnival Industrial's current Days Payable is 25.18, which is 26% below median its own 10-year median of 34.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnival Industrial stock overvalued right now?
Based on GuruFocus' analysis, Carnival Industrial (TPE:1417) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.64, compared to a current price of NT$9.10 — trading 150% above its estimated fair value. The current Days Payable is 25.18, which is 26% below median its 10-year median of 34.19 and 51.4% below the Retail - Cyclical industry median of 51.85. Carnival Industrial's overall GF Score™ is 50/100 with 1 warning sign 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 Carnival Industrial (TPE:1417), the current Days Payable is 25.18 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 Carnival Industrial (TPE:1417) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival Industrial stock appears to be overvalued. The current stock price of NT$9.10 is trading 150% above its estimated GF Value™ of NT$3.64. GuruFocus considers Carnival Industrial to be Significantly Overvalued.

Key valuation signals for TPE:1417:

  • Days Payable: 25.18 (26% below median its 10-year median of 34.19)
  • GF Value™: NT$3.64 vs. price of NT$9.10 (150% above fair value)
  • GF Score™: 50/100 with 1 warning sign
  • Industry Position: 51.4% below the Retail - Cyclical median (#666 of 1097)

No single metric tells the full story. See the TPE:1417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carnival Industrial Business Description

Address No. 25, Sector 4, Ren’ai road, 7th Floor, Da’an Dist, Taipei, TWN
Carnival Industrial Corp is a Taiwan-based Apparel manufacturer. It manufactures and trades apparel and group uniforms, men's and women's garments, including trousers, pants, skirts, fancy dresses, jackets, and apparel accessories under the brand name CARNIVAL. The Group operates in a single line of business in apparel sales. The majority of its revenue comes from the Apparel sales department.
50GF Score

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

NT$9.10
Price
NT$3.64
GF Value