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Tainan Enterprises CoTPE:1473 -0.25%72 Days Payable is 20.80 as of Dec. 2025, which is 7% below its 10-year median of 22.43. GuruFocus rates TPE:1473 with a GF Score™ of 72/100 and a GF Value™ of NT$26.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Tainan Enterprises Co ranks worse than 87.49% on this metric.
The historical rank and industry rank for Tainan Enterprises Co's Days Payable or its related term are showing as below:
TPE:1473'
s Days Payable Range Over the Past 10 Years
Min: 16.34 Med: 22.43 Max: 25.2
Current: 18.22
During the past 13 years, Tainan Enterprises Co's highest Days Payable was 25.20. The lowest was 16.34. And the median was 22.43.
TPE:1473's Days Payable is ranked worse than 87.49% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22
vs TPE:1473: 18.22
Tainan Enterprises Co Days Payable Historical Data
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The historical data trend for Tainan Enterprises 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:1473 vs RL, LEVI, VFC: Days Payable Comparison
For the Apparel Manufacturing subindustry, Tainan Enterprises 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 Enterprises Co Days Payable vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tainan Enterprises Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tainan Enterprises 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 Enterprises 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 Enterprises Co (TPE:1473) has a Days Payable of 20.80 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 Enterprises Co and its competitors. This is near median its historical median of 22.43. Over the past decade, Tainan Enterprises Co's Days Payable has ranged from 16.34 to 25.20. According to the industry distribution chart, Tainan Enterprises Co ranks #888 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.5%.
Is Tainan Enterprises Co's Days Payable too high?
Tainan Enterprises Co's current Days Payable of 20.80 is near median its 10-year median of 22.43. Over the past 10 years, this metric has ranged from a low of 16.34 to a high of 25.20. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Tainan Enterprises Co's value of 20.80 is 61.6% below this industry median. Based on the distribution chart, Tainan Enterprises Co ranks #888 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Tainan Enterprises Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Enterprises Co's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tainan Enterprises Co ranks #888 out of 1015 companies for Days Payable. This places Tainan Enterprises Co in the lower half of its industry. The industry median Days Payable is 54.22. Tainan Enterprises Co's value of 20.80 is 61.6% below this benchmark. Historically, Tainan Enterprises Co's own Days Payable has ranged from 16.34 to 25.20 over the past decade. While the company's 10-year median is 22.43 vs. the industry median of 54.22, Tainan Enterprises 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 54.22, based on 1,015 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 Enterprises Co's current Days Payable of 20.80 is 61.6% 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 Enterprises Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainan Enterprises Co's current Days Payable is 20.80, which is near median its own 10-year median of 22.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Enterprises Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Enterprises Co (TPE:1473) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.80, compared to a current price of NT$20.15 — trading 24.8% below its estimated fair value. The current Days Payable is 20.80, which is near median its 10-year median of 22.43 and 61.6% below the Manufacturing - Apparel & Accessories industry median of 54.22. Tainan Enterprises Co's overall GF Score™ is 72/100 with 5 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 Enterprises Co (TPE:1473), the current Days Payable is 20.80 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 Enterprises Co (TPE:1473) Overvalued in 2026?
Based on GuruFocus' analysis, Tainan Enterprises Co stock appears to be undervalued.
The current stock price of NT$20.15 is trading 24.8% below its estimated GF Value™ of NT$26.80.
GuruFocus considers Tainan Enterprises Co to be Modestly Undervalued.
Key valuation signals for TPE:1473:
Days Payable: 20.80 (near median its 10-year median of 22.43)
GF Value™: NT$26.80 vs. price of NT$20.15 (24.8% below fair value)
Industry Position: 61.6% below the Manufacturing - Apparel & Accessories median (#888 of 1015)
No single metric tells the full story. See the TPE:1473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tainan Enterprises Co Ltd engages in the manufacturing, retail and export of various kinds of apparels (including woven and knitted garments) in Taiwan. It is principally involved in the manufacturing of all kinds of clothes. Its products include pants, shirts, dresses, skirts, jackets, vests, and coats. It has two segments namely: Garment production and Investment. Geographically the company distributes its services in Taiwan, the United States, Japan, China, Taiwan, Cambodia, Indonesia, Vietnam, Canada and Others, out of which it derives maximum revenue from United States.
72GF Score
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