Goodway MachineTPE:1583 -1.89%59 Days Payable is 33.55 as of Dec. 2025, which is 15% above its 10-year median of 29.19. GuruFocus rates TPE:1583 with a GF Score™ of 59/100 and a GF Value™ of NT$44.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,987 Industrial Products companies, Goodway Machine ranks worse than 84.8% on this metric.
The historical rank and industry rank for Goodway Machine's Days Payable or its related term are showing as below:
TPE:1583'
s Days Payable Range Over the Past 10 Years
Min: 26.34 Med: 29.19 Max: 33.13
Current: 33.13
During the past 13 years, Goodway Machine's highest Days Payable was 33.13. The lowest was 26.34. And the median was 29.19.
TPE:1583's Days Payable is ranked worse than 84.8% of 2987
companies
in the Industrial Products industry
Industry Median: 78.05
vs TPE:1583: 33.13
Goodway Machine's Days Payable
increased
from Dec. 2024 (28.10) to Dec. 2025 (33.55).
It may suggest that Goodway Machinedelayed paying its suppliers.
Goodway Machine Days Payable Related Terms
Goodway Machine Days Payable Historical Data
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The historical data trend for Goodway Machine'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.
For the Specialty Industrial Machinery subindustry, Goodway Machine'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.
Goodway Machine Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Goodway Machine's Days Payable distribution charts can be found below:
* The bar in red indicates where Goodway Machine'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.
Goodway Machine'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.
Goodway Machine (TPE:1583) has a Days Payable of 33.55 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 Goodway Machine and its competitors. This is 15% above median its historical median of 29.19. Over the past decade, Goodway Machine's Days Payable has ranged from 26.34 to 33.13. According to the industry distribution chart, Goodway Machine ranks #2533 out of 2987 companies in the Industrial Products industry, placing it in the top 84.8%.
Is Goodway Machine's Days Payable too high?
Goodway Machine's current Days Payable of 33.55 is 15% above median its 10-year median of 29.19. Over the past 10 years, this metric has ranged from a low of 26.34 to a high of 33.13. The Industrial Products industry median Days Payable is 78.05. Goodway Machine's value of 33.55 is 57% below this industry median. Based on the distribution chart, Goodway Machine ranks #2533 out of 2987 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Goodway Machine has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodway Machine's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Goodway Machine ranks #2533 out of 2987 companies for Days Payable. This places Goodway Machine in the lower half of its industry. The industry median Days Payable is 78.05. Goodway Machine's value of 33.55 is 57% below this benchmark. Historically, Goodway Machine's own Days Payable has ranged from 26.34 to 33.13 over the past decade. While the company's 10-year median is 29.19 vs. the industry median of 78.05, Goodway Machine 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 78.05, based on 2,987 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. Goodway Machine's current Days Payable of 33.55 is 57% 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 Goodway Machine and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodway Machine's current Days Payable is 33.55, which is 15% above median its own 10-year median of 29.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodway Machine stock overvalued right now?
Based on GuruFocus' analysis, Goodway Machine (TPE:1583) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.85, compared to a current price of NT$49.25 — trading 9.8% above its estimated fair value. The current Days Payable is 33.55, which is 15% above median its 10-year median of 29.19 and 57% below the Industrial Products industry median of 78.05. Goodway Machine's overall GF Score™ is 59/100 with 3 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 Goodway Machine (TPE:1583), the current Days Payable is 33.55 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 Goodway Machine (TPE:1583) Overvalued in 2026?
Based on GuruFocus' analysis, Goodway Machine stock appears to be overvalued.
The current stock price of NT$49.25 is trading 9.8% above its estimated GF Value™ of NT$44.85.
GuruFocus considers Goodway Machine to be Fairly Valued.
Key valuation signals for TPE:1583:
Days Payable: 33.55 (15% above median its 10-year median of 29.19)
GF Value™: NT$44.85 vs. price of NT$49.25 (9.8% above fair value)
Industry Position: 57% below the Industrial Products median (#2533 of 2987)
No single metric tells the full story. See the TPE:1583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodway Machine Corp engaged in manufacturing, sales, and purchases of a variety of machine tools, automatic machinery and hardware, woodworking machinery, and woodworking lathes. The company has two reportable segments, the CNC Lathe segment and the Processing Machine segment, which are mainly engaged in the design, manufacturing, and trading of industrial machine tools. Geographically, the company generates a majority of its revenue from Asia (excluding Taiwan) and the rest from Europe, America, Taiwan, and other regions.
59GF Score
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