Triocean Industrial Co (TPE:1472) Days Payable: 19.69 (As of Dec. 2025) — 32% Below Median


TPE:1472 Triocean Industrial Corp Co Ltd TPE:1472
80 GF Score
Price NT$88.00
GF Value NT$77.96
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Triocean Industrial Co Days Payable?

Triocean Industrial Co TPE:1472 +0.11% 80 Days Payable is 19.69 as of Dec. 2025, which is 32% below its 10-year median of 29.07. GuruFocus rates TPE:1472 with a GF Score™ of 80/100 and a GF Value™ of NT$77.96 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,711 Construction companies, Triocean Industrial Co ranks worse than 96.03% on this metric.

Triocean Industrial Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$175 Mil. Triocean Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$813 Mil. Hence, Triocean Industrial Co's Days Payable for the three months ended in Dec. 2025 was 19.69.

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

TPE:1472' s Days Payable Range Over the Past 10 Years
Min: 18.48   Med: 29.07   Max: 438.87
Current: 18.48

During the past 13 years, Triocean Industrial Co's highest Days Payable was 438.87. The lowest was 18.48. And the median was 29.07.

TPE:1472's Days Payable is ranked worse than
96.03% of 1711 companies
in the Construction industry
Industry Median: 76.6 vs TPE:1472: 18.48

Triocean Industrial Co's Days Payable declined from Dec. 2024 (19.87) to Dec. 2025 (19.69). It may suggest that Triocean Industrial Co accelerated paying its suppliers.


Triocean Industrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for Triocean 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.

Triocean Industrial Co Days Payable Chart

Triocean 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 35.25 22.24 21.45 21.36 18.87

Triocean 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 19.87 16.87 18.26 18.60 19.69

TPE:1472 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Triocean 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.


Triocean Industrial Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Triocean Industrial Co's Days Payable distribution charts can be found below:

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


TPE:1472
80GF Score
Triocean Industrial Corp Co Ltd TPE:1472
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Triocean 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.

Triocean 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
=( (139.23 + 184.33) / 2 ) / 3129.652*365
=161.78 / 3129.652*365
=18.87

Triocean 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
=( (166.495 + 184.33) / 2 ) / 813.006*365 / 4
=175.4125 / 813.006*365 / 4
=19.69

* 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 19.69 mean?
Triocean Industrial Co (TPE:1472) has a Days Payable of 19.69 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 Triocean Industrial Co and its competitors. This is 32% below median its historical median of 29.07. Over the past decade, Triocean Industrial Co's Days Payable has ranged from 18.48 to 438.87. According to the industry distribution chart, Triocean Industrial Co ranks #1643 out of 1711 companies in the Construction industry, placing it in the top 96%.
Is Triocean Industrial Co's Days Payable too high?
Triocean Industrial Co's current Days Payable of 19.69 is 32% below median its 10-year median of 29.07. Over the past 10 years, this metric has ranged from a low of 18.48 to a high of 438.87. The Construction industry median Days Payable is 76.60. Triocean Industrial Co's value of 19.69 is 74.3% below this industry median. Based on the distribution chart, Triocean Industrial Co ranks #1643 out of 1711 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Triocean Industrial Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Triocean Industrial Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Triocean Industrial Co ranks #1643 out of 1711 companies for Days Payable. This places Triocean Industrial Co in the lower half of its industry. The industry median Days Payable is 76.60. Triocean Industrial Co's value of 19.69 is 74.3% below this benchmark. Historically, Triocean Industrial Co's own Days Payable has ranged from 18.48 to 438.87 over the past decade. While the company's 10-year median is 29.07 vs. the industry median of 76.60, Triocean 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 Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,711 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. Triocean Industrial Co's current Days Payable of 19.69 is 74.3% 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 Triocean Industrial Co and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triocean Industrial Co's current Days Payable is 19.69, which is 32% below median its own 10-year median of 29.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triocean Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Triocean Industrial Co (TPE:1472) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$77.96, compared to a current price of NT$88.00 — trading 12.9% above its estimated fair value. The current Days Payable is 19.69, which is 32% below median its 10-year median of 29.07 and 74.3% below the Construction industry median of 76.60. Triocean Industrial Co's overall GF Score™ is 80/100 with 2 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 Triocean Industrial Co (TPE:1472), the current Days Payable is 19.69 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 Triocean Industrial Co (TPE:1472) Overvalued in 2026?

Based on GuruFocus' analysis, Triocean Industrial Co stock appears to be overvalued. The current stock price of NT$88.00 is trading 12.9% above its estimated GF Value™ of NT$77.96. GuruFocus considers Triocean Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:1472:

  • Days Payable: 19.69 (32% below median its 10-year median of 29.07)
  • GF Value™: NT$77.96 vs. price of NT$88.00 (12.9% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 74.3% below the Construction median (#1643 of 1711)

No single metric tells the full story. See the TPE:1472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Triocean Industrial Co Business Description

Address No. 360, Jiabao Road, 3rd Floor, Dashe District, Kaohsiung, TWN, 815006
Triocean Industrial Corp Co Ltd is engaged in the construction business. The company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. It mainly undertakes private residential projects, and cooperates with its subsidiary, to execute public engineering projects focusing on water and electrical works.
80GF Score

Get the complete analysis for TPE:1472

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

NT$88.00
Price
NT$77.96
GF Value