Hong Ho Precision Textile Co (TPE:1446) Days Payable: 45.15 (As of Jun. 2026) — 37% Below Median

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TPE:1446 Hong Ho Precision Textile Co Ltd TPE:1446
65 GF Score
Price NT$13.70
GF Value NT$9.80
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hong Ho Precision Textile Co Days Payable?

Hong Ho Precision Textile Co TPE:1446 +0.37% 65 Days Payable is 45.15 as of Jun. 2026, which is 37% below its 10-year median of 71.56. GuruFocus rates TPE:1446 with a GF Score™ of 65/100 and a GF Value™ of NT$9.80 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Hong Ho Precision Textile Co ranks worse than 72.14% on this metric.

Hong Ho Precision Textile Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$43.0 Mil. Hong Ho Precision Textile Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$86.9 Mil. Hence, Hong Ho Precision Textile Co's Days Payable for the three months ended in Jun. 2026 was 45.15.

The historical rank and industry rank for Hong Ho Precision Textile Co's Days Payable or its related term are showing as below:

TPE:1446' s Days Payable Range Over the Past 10 Years
Min: 12.26   Med: 71.56   Max: 126.83
Current: 32.63

During the past 13 years, Hong Ho Precision Textile Co's highest Days Payable was 126.83. The lowest was 12.26. And the median was 71.56.

TPE:1446's Days Payable is ranked worse than
72.14% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.68 vs TPE:1446: 32.63

Hong Ho Precision Textile Co's Days Payable increased from Jun. 2025 (12.27) to Jun. 2026 (45.15). It may suggest that Hong Ho Precision Textile Co delayed paying its suppliers.


Hong Ho Precision Textile Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hong Ho Precision Textile 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.

Hong Ho Precision Textile Co Days Payable Chart

Hong Ho Precision Textile Co 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 95.33 74.10 63.14 12.26 19.88

Hong Ho Precision Textile Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.27 20.49 61.16 35.87 45.15

Hong Ho Precision Textile Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Hong Ho Precision Textile 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.


Hong Ho Precision Textile Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hong Ho Precision Textile Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hong Ho Precision Textile Co's Days Payable falls into.


TPE:1446
65GF Score
Hong Ho Precision Textile Co Ltd TPE:1446
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Ho Precision Textile Co 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.

Hong Ho Precision Textile Co'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
=( (44.717 + 15.961) / 2 ) / 556.961*365
=30.339 / 556.961*365
=19.88

Hong Ho Precision Textile Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (70.537 + 15.463) / 2 ) / 86.9*365 / 4
=43 / 86.9*365 / 4
=45.15

* 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 45.15 mean?
Hong Ho Precision Textile Co (TPE:1446) has a Days Payable of 45.15 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Hong Ho Precision Textile Co and its competitors. This is 37% below median its historical median of 71.56. Over the past decade, Hong Ho Precision Textile Co's Days Payable has ranged from 12.26 to 126.83. According to the industry distribution chart, Hong Ho Precision Textile Co ranks #738 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72.1%.
Is Hong Ho Precision Textile Co's Days Payable too high?
Hong Ho Precision Textile Co's current Days Payable of 45.15 is 37% below median its 10-year median of 71.56. Over the past 10 years, this metric has ranged from a low of 12.26 to a high of 126.83. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.68. Hong Ho Precision Textile Co's value of 45.15 is 15.9% below this industry median. Based on the distribution chart, Hong Ho Precision Textile Co ranks #738 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Hong Ho Precision Textile Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Ho Precision Textile Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hong Ho Precision Textile Co ranks #738 out of 1023 companies for Days Payable. This places Hong Ho Precision Textile Co in the lower half of its industry. The industry median Days Payable is 53.68. Hong Ho Precision Textile Co's value of 45.15 is 15.9% below this benchmark. Historically, Hong Ho Precision Textile Co's own Days Payable has ranged from 12.26 to 126.83 over the past decade. While the company's 10-year median is 71.56 vs. the industry median of 53.68, Hong Ho Precision Textile 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 53.68, based on 1,023 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. Hong Ho Precision Textile Co's current Days Payable of 45.15 is 15.9% 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 Hong Ho Precision Textile Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Ho Precision Textile Co's current Days Payable is 45.15, which is 37% below median its own 10-year median of 71.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Ho Precision Textile Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Ho Precision Textile Co (TPE:1446) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.80, compared to a current price of NT$13.70 — trading 39.8% above its estimated fair value. The current Days Payable is 45.15, which is 37% below median its 10-year median of 71.56 and 15.9% below the Manufacturing - Apparel & Accessories industry median of 53.68. Hong Ho Precision Textile Co's overall GF Score™ is 65/100 with 4 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 Hong Ho Precision Textile Co (TPE:1446), the current Days Payable is 45.15 as of Jun. 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 Hong Ho Precision Textile Co (TPE:1446) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Ho Precision Textile Co stock appears to be overvalued. The current stock price of NT$13.70 is trading 39.8% above its estimated GF Value™ of NT$9.80. GuruFocus considers Hong Ho Precision Textile Co to be Significantly Overvalued.

Key valuation signals for TPE:1446:

  • Days Payable: 45.15 (37% below median its 10-year median of 71.56)
  • GF Value™: NT$9.80 vs. price of NT$13.70 (39.8% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 15.9% below the Manufacturing - Apparel & Accessories median (#738 of 1023)

No single metric tells the full story. See the TPE:1446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Ho Precision Textile Co Business Description

Address No. 473, Zhongshan S.Road, Yongkang District, Tainan City, TWN
Hong Ho Precision Textile Co Ltd is a Taiwan-based company that is engaged in the manufacturing and selling of various textiles, commissioning construction companies to build public housing and the rental and sale of commercial buildings. It has segments such as: the Textile department, which is engaged in textile preparation, weaving, outsourcing the dyeing process production, and outsourcing of finished products; the Trade department, which is engaged in manufacturing and sales of wearing apparel, etc; the Construction department, is commissioned construction enterprises to build commercial buildings; and the Other department is engaged in leasing business, etc. The company operates geographically in Taiwan, which generates maximum revenue, Japan, and Other countries.
65GF Score

Get the complete analysis for TPE:1446

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

NT$13.70
Price
NT$9.80
GF Value