GTM Holdings (TPE:1437) Days Payable: 3.32 (As of Dec. 2025) — 68% Below Median


TPE:1437 GTM Holdings Corp TPE:1437
77 GF Score
Price NT$30.80
GF Value NT$35.29
Valuation Modestly Undervalued
! 6 Warning Signs
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What is GTM Holdings Days Payable?

GTM Holdings TPE:1437 +0.33% 77 Days Payable is 3.32 as of Dec. 2025, which is 68% below its 10-year median of 10.30. GuruFocus rates TPE:1437 with a GF Score™ of 77/100 and a GF Value™ of NT$35.29 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,568 Real Estate companies, GTM Holdings ranks worse than 93.37% on this metric.

GTM Holdings's average Accounts Payable for the three months ended in Dec. 2025 was NT$4.5 Mil. GTM Holdings's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$124.6 Mil. Hence, GTM Holdings's Days Payable for the three months ended in Dec. 2025 was 3.32.

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

TPE:1437' s Days Payable Range Over the Past 10 Years
Min: 2.16   Med: 10.3   Max: 75.68
Current: 10.25

During the past 13 years, GTM Holdings's highest Days Payable was 75.68. The lowest was 2.16. And the median was 10.30.

TPE:1437's Days Payable is ranked worse than
93.37% of 1568 companies
in the Real Estate industry
Industry Median: 94.38 vs TPE:1437: 10.25

GTM Holdings's Days Payable declined from Dec. 2024 (8.22) to Dec. 2025 (3.32). It may suggest that GTM Holdings accelerated paying its suppliers.


GTM Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for GTM Holdings'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.

GTM Holdings Days Payable Chart

GTM Holdings 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 75.68 53.27 2.16 9.62 10.98

GTM Holdings 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 8.22 11.05 15.99 11.84 3.32

TPE:1437 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, GTM Holdings'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.


GTM Holdings Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, GTM Holdings's Days Payable distribution charts can be found below:

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


TPE:1437
77GF Score
GTM Holdings Corp TPE:1437
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GTM Holdings 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.

GTM Holdings'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
=( (17.377 + 7.991) / 2 ) / 421.597*365
=12.684 / 421.597*365
=10.98

GTM Holdings'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
=( (1.09 + 7.991) / 2 ) / 124.629*365 / 4
=4.5405 / 124.629*365 / 4
=3.32

* 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 3.32 mean?
GTM Holdings (TPE:1437) has a Days Payable of 3.32 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 GTM Holdings and its competitors. This is 68% below median its historical median of 10.30. Over the past decade, GTM Holdings' Days Payable has ranged from 2.16 to 75.68. According to the industry distribution chart, GTM Holdings ranks #1464 out of 1568 companies in the Real Estate industry, placing it in the top 93.4%.
Is GTM Holdings' Days Payable too high?
GTM Holdings' current Days Payable of 3.32 is 68% below median its 10-year median of 10.30. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 75.68. The Real Estate industry median Days Payable is 94.38. GTM Holdings' value of 3.32 is 96.5% below this industry median. Based on the distribution chart, GTM Holdings ranks #1464 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, GTM Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GTM Holdings' Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, GTM Holdings ranks #1464 out of 1568 companies for Days Payable. This places GTM Holdings in the lower half of its industry. The industry median Days Payable is 94.38. GTM Holdings' value of 3.32 is 96.5% below this benchmark. Historically, GTM Holdings' own Days Payable has ranged from 2.16 to 75.68 over the past decade. While the company's 10-year median is 10.30 vs. the industry median of 94.38, GTM Holdings 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 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. GTM Holdings's current Days Payable of 3.32 is 96.5% 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 GTM Holdings and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTM Holdings's current Days Payable is 3.32, which is 68% below median its own 10-year median of 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTM Holdings stock overvalued right now?
Based on GuruFocus' analysis, GTM Holdings (TPE:1437) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$35.29, compared to a current price of NT$30.80 — trading 12.7% below its estimated fair value. The current Days Payable is 3.32, which is 68% below median its 10-year median of 10.30 and 96.5% below the Real Estate industry median of 94.38. GTM Holdings' overall GF Score™ is 77/100 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 GTM Holdings (TPE:1437), the current Days Payable is 3.32 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 GTM Holdings (TPE:1437) Overvalued in 2026?

Based on GuruFocus' analysis, GTM Holdings stock appears to be undervalued. The current stock price of NT$30.80 is trading 12.7% below its estimated GF Value™ of NT$35.29. GuruFocus considers GTM Holdings to be Modestly Undervalued.

Key valuation signals for TPE:1437:

  • Days Payable: 3.32 (68% below median its 10-year median of 10.30)
  • GF Value™: NT$35.29 vs. price of NT$30.80 (12.7% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 96.5% below the Real Estate median (#1464 of 1568)

No single metric tells the full story. See the TPE:1437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GTM Holdings Business Description

Address Zhongxiao E. Road, 9th Floor, No. 320, Section 4, Daan District, Taipei, TWN, 106
GTM Holdings Corp is mainly engaged in the manufacturing and trading of textiles, knitwear, wool quilts, suits, electronic components, and electronic materials, as well as the commissioning of construction companies for building construction, residential rentals, and sales. The Company operates through the Textile Business Department, Real Estate Business Department and Other Departments. The Textile Business Department manufactures and sells textile products, while the Real Estate Business Department engages in the rental of real estate and other activities. The Company generates the majority of its revenue from the Real Estate Business Department and from Taiwan.
77GF Score

Get the complete analysis for TPE:1437

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

NT$30.80
Price
NT$35.29
GF Value