Formosa Taffeta CoTPE:1434 +8.00%74 Days Payable is 24.91 as of Dec. 2025, which is 3% below its 10-year median of 25.76. GuruFocus rates TPE:1434 with a GF Score™ of 74/100 and a GF Value™ of NT$20.22 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, Formosa Taffeta Co ranks worse than 82.25% on this metric.
The historical rank and industry rank for Formosa Taffeta Co's Days Payable or its related term are showing as below:
TPE:1434'
s Days Payable Range Over the Past 10 Years
Min: 23.77 Med: 25.76 Max: 30.53
Current: 24.04
During the past 13 years, Formosa Taffeta Co's highest Days Payable was 30.53. The lowest was 23.77. And the median was 25.76.
TPE:1434's Days Payable is ranked worse than 82.25% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs TPE:1434: 24.04
Formosa Taffeta Co's Days Payable
declined
from Dec. 2024 (25.60) to Dec. 2025 (24.91).
It may suggest that Formosa Taffeta Coaccelerated paying its suppliers.
Formosa Taffeta Co Days Payable Related Terms
Formosa Taffeta Co Days Payable Historical Data
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The historical data trend for Formosa Taffeta Co'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.
Formosa Taffeta Co Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Formosa Taffeta 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.
Formosa Taffeta Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Formosa Taffeta Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Formosa Taffeta 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.
Formosa Taffeta 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.
Formosa Taffeta Co (TPE:1434) has a Days Payable of 24.91 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 Formosa Taffeta Co and its competitors. This is near median its historical median of 25.76. Over the past decade, Formosa Taffeta Co's Days Payable has ranged from 23.77 to 30.53. According to the industry distribution chart, Formosa Taffeta Co ranks #834 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.2%.
Is Formosa Taffeta Co's Days Payable too high?
Formosa Taffeta Co's current Days Payable of 24.91 is near median its 10-year median of 25.76. Over the past 10 years, this metric has ranged from a low of 23.77 to a high of 30.53. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Formosa Taffeta Co's value of 24.91 is 53.9% below this industry median. Based on the distribution chart, Formosa Taffeta Co ranks #834 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Formosa Taffeta Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Formosa Taffeta Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Formosa Taffeta Co ranks #834 out of 1014 companies for Days Payable. This places Formosa Taffeta Co in the lower half of its industry. The industry median Days Payable is 54.05. Formosa Taffeta Co's value of 24.91 is 53.9% below this benchmark. Historically, Formosa Taffeta Co's own Days Payable has ranged from 23.77 to 30.53 over the past decade. While the company's 10-year median is 25.76 vs. the industry median of 54.05, Formosa Taffeta Co 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 54.05, based on 1,014 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. Formosa Taffeta Co's current Days Payable of 24.91 is 53.9% 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 Formosa Taffeta Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Taffeta Co's current Days Payable is 24.91, which is near median its own 10-year median of 25.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Taffeta Co stock overvalued right now?
Based on GuruFocus' analysis, Formosa Taffeta Co (TPE:1434) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.22, compared to a current price of NT$18.90 — trading 6.5% below its estimated fair value. The current Days Payable is 24.91, which is near median its 10-year median of 25.76 and 53.9% below the Manufacturing - Apparel & Accessories industry median of 54.05. Formosa Taffeta Co's overall GF Score™ is 74/100 with 8 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 Formosa Taffeta Co (TPE:1434), the current Days Payable is 24.91 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 Formosa Taffeta Co (TPE:1434) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Taffeta Co stock appears to be undervalued.
The current stock price of NT$18.90 is trading 6.5% below its estimated GF Value™ of NT$20.22.
GuruFocus considers Formosa Taffeta Co to be Fairly Valued.
Key valuation signals for TPE:1434:
Days Payable: 24.91 (near median its 10-year median of 25.76)
GF Value™: NT$20.22 vs. price of NT$18.90 (6.5% below fair value)
Industry Position: 53.9% below the Manufacturing - Apparel & Accessories median (#834 of 1014)
No single metric tells the full story. See the TPE:1434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Taffeta Co Ltd is a Taiwan-based company that is principally involved in the textile industry. Primary department is Fabrics, dyeing and others of which activities are Amine fabrics, polyester fabrics, cotton fabrics, blending fabrics and umbrella ribs and Secondary department is Cord fabrics, petroleum of which activities are Cord, plastic bags, refineries for gasoline, diesel, crude oil and the related petroleum products, cotton fibers, blending fibers and protection fibers. The Group has three reportable segments First business group, Cord fabric department and Gasoline department. The majority of revenue comes from First business group. The majority of revenue comes from Taiwan as compare to Asia.
74GF Score
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