Tainan Spinning CoTPE:1440 +3.58%62 Days Payable is 53.92 as of Dec. 2025, which is 50% above its 10-year median of 35.89. GuruFocus rates TPE:1440 with a GF Score™ of 62/100 and a GF Value™ of NT$10.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Tainan Spinning Co ranks worse than 54.53% on this metric.
The historical rank and industry rank for Tainan Spinning Co's Days Payable or its related term are showing as below:
TPE:1440'
s Days Payable Range Over the Past 10 Years
Min: 32.06 Med: 35.89 Max: 53.9
Current: 49.88
During the past 13 years, Tainan Spinning Co's highest Days Payable was 53.90. The lowest was 32.06. And the median was 35.89.
TPE:1440's Days Payable is ranked worse than 54.53% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045
vs TPE:1440: 49.88
Tainan Spinning Co's Days Payable
increased
from Dec. 2024 (44.89) to Dec. 2025 (53.92).
It may suggest that Tainan Spinning Codelayed paying its suppliers.
Tainan Spinning Co Days Payable Related Terms
Tainan Spinning Co Days Payable Historical Data
* Premium members only.
The historical data trend for Tainan Spinning 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.
Tainan Spinning Co Days Payable Competitor Comparison
For the Textile Manufacturing subindustry, Tainan Spinning 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.
Tainan Spinning Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tainan Spinning Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tainan Spinning 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.
Tainan Spinning 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.
Tainan Spinning Co (TPE:1440) has a Days Payable of 53.92 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 Tainan Spinning Co and its competitors. This is 50% above median its historical median of 35.89. Over the past decade, Tainan Spinning Co's Days Payable has ranged from 32.06 to 53.90. According to the industry distribution chart, Tainan Spinning Co ranks #554 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.5%.
Is Tainan Spinning Co's Days Payable too high?
Tainan Spinning Co's current Days Payable of 53.92 is 50% above median its 10-year median of 35.89. Over the past 10 years, this metric has ranged from a low of 32.06 to a high of 53.90. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Tainan Spinning Co's value of 53.92 is 0.2% below this industry median. Based on the distribution chart, Tainan Spinning Co ranks #554 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Tainan Spinning Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Spinning Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tainan Spinning Co ranks #554 out of 1016 companies for Days Payable. This places Tainan Spinning Co in the lower half of its industry. The industry median Days Payable is 54.05. Tainan Spinning Co's value of 53.92 is 0.2% below this benchmark. Historically, Tainan Spinning Co's own Days Payable has ranged from 32.06 to 53.90 over the past decade. While the company's 10-year median is 35.89 vs. the industry median of 54.05, Tainan Spinning 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 1,016 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. Tainan Spinning Co's current Days Payable of 53.92 is 0.2% 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 Tainan Spinning 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. Tainan Spinning Co's current Days Payable is 53.92, which is 50% above median its own 10-year median of 35.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Spinning Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Spinning Co (TPE:1440) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.86, compared to a current price of NT$14.45 — trading 33.1% above its estimated fair value. The current Days Payable is 53.92, which is 50% above median its 10-year median of 35.89 and 0.2% below the Manufacturing - Apparel & Accessories industry median of 54.05. Tainan Spinning Co's overall GF Score™ is 62/100 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 Tainan Spinning Co (TPE:1440), the current Days Payable is 53.92 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 Tainan Spinning Co (TPE:1440) Overvalued in 2026?
Based on GuruFocus' analysis, Tainan Spinning Co stock appears to be overvalued.
The current stock price of NT$14.45 is trading 33.1% above its estimated GF Value™ of NT$10.86.
GuruFocus considers Tainan Spinning Co to be Significantly Overvalued.
Key valuation signals for TPE:1440:
Days Payable: 53.92 (50% above median its 10-year median of 35.89)
GF Value™: NT$10.86 vs. price of NT$14.45 (33.1% above fair value)
Industry Position: 0.2% below the Manufacturing - Apparel & Accessories median (#554 of 1016)
No single metric tells the full story. See the TPE:1440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tainan Spinning Co Ltd is a Taiwan-based company that is principally engaged in manufacturing, processing, sale of textile products, woven textile products and synthetic fiber materials, construction of public housing, and the rental and sale of commercial property. The company's products include yarn, polyester, polyester filament, pet granules (spinning), processed yarn, and others. The company also operates a real estate business. The company generates the majority of its total revenue from textile products.
62GF Score
Get the complete analysis for TPE:1440
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1440 has been successfully added to your 
