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Tex-Ray Industrial CoTPE:1467 -2.79%61 Days Payable is 39.71 as of Dec. 2025, which is 5% below its 10-year median of 41.61. GuruFocus rates TPE:1467 with a GF Score™ of 61/100 and a GF Value™ of NT$10.99 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Tex-Ray Industrial Co ranks worse than 65.16% on this metric.
The historical rank and industry rank for Tex-Ray Industrial Co's Days Payable or its related term are showing as below:
TPE:1467'
s Days Payable Range Over the Past 10 Years
Min: 33.13 Med: 41.61 Max: 54.86
Current: 38.62
During the past 13 years, Tex-Ray Industrial Co's highest Days Payable was 54.86. The lowest was 33.13. And the median was 41.61.
TPE:1467's Days Payable is ranked worse than 65.16% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.18
vs TPE:1467: 38.62
Tex-Ray Industrial Co Days Payable Historical Data
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The historical data trend for Tex-Ray 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.
TPE:1467 vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, Tex-Ray 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.
Tex-Ray Industrial Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tex-Ray Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tex-Ray Industrial 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.
Tex-Ray Industrial 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.
Tex-Ray Industrial Co (TPE:1467) has a Days Payable of 39.71 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 Tex-Ray Industrial Co and its competitors. This is near median its historical median of 41.61. Over the past decade, Tex-Ray Industrial Co's Days Payable has ranged from 33.13 to 54.86. According to the industry distribution chart, Tex-Ray Industrial Co ranks #662 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 65.2%.
Is Tex-Ray Industrial Co's Days Payable too high?
Tex-Ray Industrial Co's current Days Payable of 39.71 is near median its 10-year median of 41.61. Over the past 10 years, this metric has ranged from a low of 33.13 to a high of 54.86. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.18. Tex-Ray Industrial Co's value of 39.71 is 26.7% below this industry median. Based on the distribution chart, Tex-Ray Industrial Co ranks #662 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Tex-Ray Industrial Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex-Ray Industrial Co's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tex-Ray Industrial Co ranks #662 out of 1016 companies for Days Payable. This places Tex-Ray Industrial Co in the lower half of its industry. The industry median Days Payable is 54.18. Tex-Ray Industrial Co's value of 39.71 is 26.7% below this benchmark. Historically, Tex-Ray Industrial Co's own Days Payable has ranged from 33.13 to 54.86 over the past decade. While the company's 10-year median is 41.61 vs. the industry median of 54.18, Tex-Ray 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 54.18, 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. Tex-Ray Industrial Co's current Days Payable of 39.71 is 26.7% 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 Tex-Ray Industrial Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex-Ray Industrial Co's current Days Payable is 39.71, which is near median its own 10-year median of 41.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex-Ray Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Tex-Ray Industrial Co (TPE:1467) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.99, compared to a current price of NT$8.70 — trading 20.8% below its estimated fair value. The current Days Payable is 39.71, which is near median its 10-year median of 41.61 and 26.7% below the Manufacturing - Apparel & Accessories industry median of 54.18. Tex-Ray Industrial Co's overall GF Score™ is 61/100 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 Tex-Ray Industrial Co (TPE:1467), the current Days Payable is 39.71 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 Tex-Ray Industrial Co (TPE:1467) Overvalued in 2026?
Based on GuruFocus' analysis, Tex-Ray Industrial Co stock appears to be undervalued.
The current stock price of NT$8.70 is trading 20.8% below its estimated GF Value™ of NT$10.99.
GuruFocus considers Tex-Ray Industrial Co to be Modestly Undervalued.
Key valuation signals for TPE:1467:
Days Payable: 39.71 (near median its 10-year median of 41.61)
GF Value™: NT$10.99 vs. price of NT$8.70 (20.8% below fair value)
Industry Position: 26.7% below the Manufacturing - Apparel & Accessories median (#662 of 1016)
No single metric tells the full story. See the TPE:1467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex-Ray Industrial Co Ltd is engaged in weaving, manufacturing and processing, dyeing and finishing, and buying and selling businesses related to cotton, cloth, various fibers and textiles, as well as cotton yarn purchasing, export business, garment processing and selling, and export business. The company has established the Fancy Yarn Business Division, the Woven Fabric Business Division, and the Garment Business Division. Geographically, its operations are spread across Taiwan, Mexico, the USA, China, Africa, Vietnam, and Other Countries, with the majority of the revenue generated from Taiwan.
61GF Score
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