Zig Sheng Industrial Co (TPE:1455) Days Payable: 14.82 (As of Dec. 2025) — 21% Below Median


TPE:1455 Zig Sheng Industrial Co Ltd TPE:1455
56 GF Score
Price NT$9.30
GF Value NT$6.88
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Zig Sheng Industrial Co Days Payable?

Zig Sheng Industrial Co TPE:1455 -7.46% 56 Days Payable is 14.82 as of Dec. 2025, which is 21% below its 10-year median of 18.82. GuruFocus rates TPE:1455 with a GF Score™ of 56/100 and a GF Value™ of NT$6.88 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,012 Manufacturing - Apparel & Accessories companies, Zig Sheng Industrial Co ranks worse than 86.36% on this metric.

Zig Sheng Industrial Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$198 Mil. Zig Sheng Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,220 Mil. Hence, Zig Sheng Industrial Co's Days Payable for the three months ended in Dec. 2025 was 14.82.

The historical rank and industry rank for Zig Sheng Industrial Co's Days Payable or its related term are showing as below:

TPE:1455' s Days Payable Range Over the Past 10 Years
Min: 15.84   Med: 18.82   Max: 27.08
Current: 19.18

During the past 13 years, Zig Sheng Industrial Co's highest Days Payable was 27.08. The lowest was 15.84. And the median was 18.82.

TPE:1455's Days Payable is ranked worse than
86.36% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.945 vs TPE:1455: 19.18

Zig Sheng Industrial Co's Days Payable declined from Dec. 2024 (23.50) to Dec. 2025 (14.82). It may suggest that Zig Sheng Industrial Co accelerated paying its suppliers.


Zig Sheng Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zig Sheng Industrial 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.

Zig Sheng Industrial Co Days Payable Chart

Zig Sheng Industrial 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 18.18 16.90 15.84 19.46 21.07

Zig Sheng Industrial Co 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 23.50 23.39 19.00 15.51 14.82

Zig Sheng Industrial Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Zig Sheng Industrial 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.


Zig Sheng Industrial Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zig Sheng Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zig Sheng Industrial Co's Days Payable falls into.


TPE:1455
56GF Score
Zig Sheng Industrial Co Ltd TPE:1455
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zig Sheng Industrial 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.

Zig Sheng Industrial 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
=( (522.871 + 207.781) / 2 ) / 6327.887*365
=365.326 / 6327.887*365
=21.07

Zig Sheng Industrial Co'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
=( (188.6 + 207.781) / 2 ) / 1220.446*365 / 4
=198.1905 / 1220.446*365 / 4
=14.82

* 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 14.82 mean?
Zig Sheng Industrial Co (TPE:1455) has a Days Payable of 14.82 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 Zig Sheng Industrial Co and its competitors. This is 21% below median its historical median of 18.82. Over the past decade, Zig Sheng Industrial Co's Days Payable has ranged from 15.84 to 27.08. According to the industry distribution chart, Zig Sheng Industrial Co ranks #874 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.4%.
Is Zig Sheng Industrial Co's Days Payable too high?
Zig Sheng Industrial Co's current Days Payable of 14.82 is 21% below median its 10-year median of 18.82. Over the past 10 years, this metric has ranged from a low of 15.84 to a high of 27.08. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.95. Zig Sheng Industrial Co's value of 14.82 is 72.5% below this industry median. Based on the distribution chart, Zig Sheng Industrial Co ranks #874 out of 1012 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Zig Sheng Industrial Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zig Sheng Industrial Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zig Sheng Industrial Co ranks #874 out of 1012 companies for Days Payable. This places Zig Sheng Industrial Co in the lower half of its industry. The industry median Days Payable is 53.95. Zig Sheng Industrial Co's value of 14.82 is 72.5% below this benchmark. Historically, Zig Sheng Industrial Co's own Days Payable has ranged from 15.84 to 27.08 over the past decade. While the company's 10-year median is 18.82 vs. the industry median of 53.95, Zig Sheng Industrial 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 53.95, based on 1,012 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. Zig Sheng Industrial Co's current Days Payable of 14.82 is 72.5% 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 Zig Sheng Industrial Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zig Sheng Industrial Co's current Days Payable is 14.82, which is 21% below median its own 10-year median of 18.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zig Sheng Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Zig Sheng Industrial Co (TPE:1455) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.88, compared to a current price of NT$9.30 — trading 35.2% above its estimated fair value. The current Days Payable is 14.82, which is 21% below median its 10-year median of 18.82 and 72.5% below the Manufacturing - Apparel & Accessories industry median of 53.95. Zig Sheng Industrial Co's overall GF Score™ is 56/100 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 Zig Sheng Industrial Co (TPE:1455), the current Days Payable is 14.82 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 Zig Sheng Industrial Co (TPE:1455) Overvalued in 2026?

Based on GuruFocus' analysis, Zig Sheng Industrial Co stock appears to be overvalued. The current stock price of NT$9.30 is trading 35.2% above its estimated GF Value™ of NT$6.88. GuruFocus considers Zig Sheng Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:1455:

  • Days Payable: 14.82 (21% below median its 10-year median of 18.82)
  • GF Value™: NT$6.88 vs. price of NT$9.30 (35.2% above fair value)
  • GF Score™: 56/100 with 8 warning signs
  • Industry Position: 72.5% below the Manufacturing - Apparel & Accessories median (#874 of 1012)

No single metric tells the full story. See the TPE:1455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zig Sheng Industrial Co Business Description

Address No. 70, Sining North Road, 2nd Floor, Datong District, Taipei, TWN
Zig Sheng Industrial Co Ltd is a Taiwan-based company principally engaged in the spinning, weaving, dyeing/finishing, printing, processing, and trading of various filaments, artificial cotton, and nylon. It offers Textured yarns, Polyester yarn Nylon filaments, and Nylon chips products. The textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament, and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns, and industrial yarns. The nylon chip products include spinning grade nylon chips and engineering plastic grade nylon chips. It has two reporting segments namely Fiber operating segment and Chemical materials operating segment generating key revenue from Fiber operating segment.
56GF Score

Get the complete analysis for TPE:1455

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

NT$9.30
Price
NT$6.88
GF Value