Chang Type Industrial CoTPE:1541 +1.40%70 Days Payable is 47.49 as of Dec. 2025, which is 41% above its 10-year median of 33.71. GuruFocus rates TPE:1541 with a GF Score™ of 70/100 and a GF Value™ of NT$32.32 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Chang Type Industrial Co ranks worse than 75.39% on this metric.
* 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:1541 vs SNA, RBC, LECO: Days Payable Comparison
For the Tools & Accessories subindustry, Chang Type 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.
Chang Type Industrial Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chang Type Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Chang Type 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.
Chang Type 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.
Chang Type Industrial Co (TPE:1541) has a Days Payable of 47.49 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 Chang Type Industrial Co and its competitors. This is 41% above median its historical median of 33.71. Over the past decade, Chang Type Industrial Co's Days Payable has ranged from 29.04 to 44.74. According to the industry distribution chart, Chang Type Industrial Co ranks #2255 out of 2991 companies in the Industrial Products industry, placing it in the top 75.4%.
Is Chang Type Industrial Co's Days Payable too high?
Chang Type Industrial Co's current Days Payable of 47.49 is 41% above median its 10-year median of 33.71. Over the past 10 years, this metric has ranged from a low of 29.04 to a high of 44.74. The Industrial Products industry median Days Payable is 78.08. Chang Type Industrial Co's value of 47.49 is 39.2% below this industry median. Based on the distribution chart, Chang Type Industrial Co ranks #2255 out of 2991 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chang Type Industrial Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chang Type Industrial Co's Days Payable compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Chang Type Industrial Co ranks #2255 out of 2991 companies for Days Payable. This places Chang Type Industrial Co in the lower half of its industry. The industry median Days Payable is 78.08. Chang Type Industrial Co's value of 47.49 is 39.2% below this benchmark. Historically, Chang Type Industrial Co's own Days Payable has ranged from 29.04 to 44.74 over the past decade. While the company's 10-year median is 33.71 vs. the industry median of 78.08, Chang Type 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Chang Type Industrial Co's current Days Payable of 47.49 is 39.2% 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 Chang Type Industrial Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Type Industrial Co's current Days Payable is 47.49, which is 41% above median its own 10-year median of 33.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Type Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chang Type Industrial Co (TPE:1541) is currently considered Possible Value Trap. The stock's GF Value™ is NT$32.32, compared to a current price of NT$21.70 — trading 32.9% below its estimated fair value. The current Days Payable is 47.49, which is 41% above median its 10-year median of 33.71 and 39.2% below the Industrial Products industry median of 78.08. Chang Type Industrial Co's overall GF Score™ is 70/100 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 Chang Type Industrial Co (TPE:1541), the current Days Payable is 47.49 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 Chang Type Industrial Co (TPE:1541) Overvalued in 2026?
Based on GuruFocus' analysis, Chang Type Industrial Co stock appears to be undervalued.
The current stock price of NT$21.70 is trading 32.9% below its estimated GF Value™ of NT$32.32.
GuruFocus considers Chang Type Industrial Co to be Possible Value Trap.
Key valuation signals for TPE:1541:
Days Payable: 47.49 (41% above median its 10-year median of 33.71)
GF Value™: NT$32.32 vs. price of NT$21.70 (32.9% below fair value)
Industry Position: 39.2% below the Industrial Products median (#2255 of 2991)
No single metric tells the full story. See the TPE:1541 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chang Type Industrial Co Ltd manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. It is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.
70GF Score
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