TRK (TPE:1432) Days Payable: 71.01 (As of Mar. 2026) — 55% Below Median

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TPE:1432 TRK Corp TPE:1432
65 GF Score
Price NT$15.10
GF Value NT$14.52
Valuation Fairly Valued
! 6 Warning Signs
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What is TRK Days Payable?

TRK TPE:1432 -0.33% 65 Days Payable is 71.01 as of Mar. 2026, which is 55% below its 10-year median of 159.52. GuruFocus rates TPE:1432 with a GF Score™ of 65/100 and a GF Value™ of NT$14.52 (Fairly Valued). The stock has 6 warning signs investors should review. Among 780 Travel & Leisure companies, TRK ranks better than 67.44% on this metric.

TRK's average Accounts Payable for the three months ended in Mar. 2026 was NT$129 Mil. TRK's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$165 Mil. Hence, TRK's Days Payable for the three months ended in Mar. 2026 was 71.01.

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

TPE:1432' s Days Payable Range Over the Past 10 Years
Min: 93.34   Med: 159.52   Max: 889.65
Current: 93.34

During the past 13 years, TRK's highest Days Payable was 889.65. The lowest was 93.34. And the median was 159.52.

TPE:1432's Days Payable is ranked better than
67.44% of 780 companies
in the Travel & Leisure industry
Industry Median: 56.19 vs TPE:1432: 93.34

TRK's Days Payable declined from Mar. 2025 (106.56) to Mar. 2026 (71.01). It may suggest that TRK accelerated paying its suppliers.


TRK Days Payable Historical Data

* Premium members only.

The historical data trend for TRK'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.

TRK Days Payable Chart

TRK 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 169.31 149.72 138.87 116.20 108.58

TRK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 106.56 115.58 109.37 107.48 71.01

TPE:1432 vs AS, HAS, LTH: Days Payable Comparison

For the Leisure subindustry, TRK'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.


TRK Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TRK's Days Payable distribution charts can be found below:

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


TPE:1432
65GF Score
TRK Corp TPE:1432
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRK 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.

TRK'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
=( (221.274 + 244.551) / 2 ) / 782.928*365
=232.9125 / 782.928*365
=108.58

TRK's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (244.551 + 12.864) / 2 ) / 165.389*365 / 4
=128.7075 / 165.389*365 / 4
=71.01

* 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 71.01 mean?
TRK (TPE:1432) has a Days Payable of 71.01 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TRK and its competitors. This is 55% below median its historical median of 159.52. Over the past decade, TRK's Days Payable has ranged from 93.34 to 889.65. According to the industry distribution chart, TRK ranks #254 out of 780 companies in the Travel & Leisure industry, placing it in the top 32.6%.
Is TRK's Days Payable too high?
TRK's current Days Payable of 71.01 is 55% below median its 10-year median of 159.52. Over the past 10 years, this metric has ranged from a low of 93.34 to a high of 889.65. The Travel & Leisure industry median Days Payable is 56.19. TRK's value of 71.01 is 26.4% above this industry median. Based on the distribution chart, TRK ranks #254 out of 780 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, TRK has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TRK's Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, TRK ranks #254 out of 780 companies for Days Payable. This puts TRK in the upper half of its industry. The industry median Days Payable is 56.19. TRK's value of 71.01 is 26.4% above this benchmark. Historically, TRK's own Days Payable has ranged from 93.34 to 889.65 over the past decade. While the company's 10-year median is 159.52 vs. the industry median of 56.19, TRK has consistently been above 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.19, based on 780 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. TRK's current Days Payable of 71.01 is 26.4% above 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 TRK and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRK's current Days Payable is 71.01, which is 55% below median its own 10-year median of 159.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRK stock overvalued right now?
Based on GuruFocus' analysis, TRK (TPE:1432) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.52, compared to a current price of NT$15.10 — trading 4% above its estimated fair value. The current Days Payable is 71.01, which is 55% below median its 10-year median of 159.52 and 26.4% above the Travel & Leisure industry median of 56.19. TRK's overall GF Score™ is 65/100 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 TRK (TPE:1432), the current Days Payable is 71.01 as of Mar. 2026. 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 TRK (TPE:1432) Overvalued in 2026?

Based on GuruFocus' analysis, TRK stock appears to be overvalued. The current stock price of NT$15.10 is trading 4% above its estimated GF Value™ of NT$14.52. GuruFocus considers TRK to be Fairly Valued.

Key valuation signals for TPE:1432:

  • Days Payable: 71.01 (55% below median its 10-year median of 159.52)
  • GF Value™: NT$14.52 vs. price of NT$15.10 (4% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 26.4% above the Travel & Leisure median (#254 of 780)

No single metric tells the full story. See the TPE:1432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRK Business Description

Address No 186, Sec 4, Fusing Road, East District, Taichung, TWN
TRK Corp, formerly Taroko Co Ltd is engaged in the development business of department stores and shopping centres, recreational activities venue business, other leisure services, retail services of educational and entertainment materials, and international trading business. The company segments include: Strategic business segment, Construction segment, Shopping centres development segment, and Leisure and recreation segment. It earns maximum revenue from the Leisure and recreation segment.
65GF Score

Get the complete analysis for TPE:1432

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

NT$15.10
Price
NT$14.52
GF Value