China Electric Mfg (TPE:1611) Days Payable: 70.73 (As of Dec. 2025) — Near Median


TPE:1611 China Electric Mfg Corp TPE:1611
65 GF Score
Price NT$13.15
GF Value NT$11.99
Valuation Fairly Valued
! 2 Warning Signs
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What is China Electric Mfg Days Payable?

China Electric Mfg TPE:1611 65 Days Payable is 70.73 as of Dec. 2025, which is 5% below its 10-year median of 74.81. GuruFocus rates TPE:1611 with a GF Score™ of 65/100 and a GF Value™ of NT$11.99 (Fairly Valued). The stock has 2 warning signs investors should review. Among 414 Furnishings, Fixtures & Appliances companies, China Electric Mfg ranks worse than 51.69% on this metric.

China Electric Mfg's average Accounts Payable for the three months ended in Dec. 2025 was NT$119 Mil. China Electric Mfg's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$154 Mil. Hence, China Electric Mfg's Days Payable for the three months ended in Dec. 2025 was 70.73.

The historical rank and industry rank for China Electric Mfg's Days Payable or its related term are showing as below:

TPE:1611' s Days Payable Range Over the Past 10 Years
Min: 62.27   Med: 74.81   Max: 89.98
Current: 62.27

During the past 13 years, China Electric Mfg's highest Days Payable was 89.98. The lowest was 62.27. And the median was 74.81.

TPE:1611's Days Payable is ranked worse than
51.69% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 63.75 vs TPE:1611: 62.27

China Electric Mfg's Days Payable increased from Dec. 2024 (59.52) to Dec. 2025 (70.73). It may suggest that China Electric Mfg delayed paying its suppliers.


China Electric Mfg Days Payable Historical Data

* Premium members only.

The historical data trend for China Electric Mfg'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.

China Electric Mfg Days Payable Chart

China Electric Mfg 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 80.18 89.98 85.25 76.73 63.08

China Electric Mfg 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 59.52 56.69 58.24 64.86 70.73

TPE:1611 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, China Electric Mfg'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.


China Electric Mfg Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, China Electric Mfg's Days Payable distribution charts can be found below:

* The bar in red indicates where China Electric Mfg's Days Payable falls into.


TPE:1611
65GF Score
China Electric Mfg Corp TPE:1611
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Electric Mfg 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.

China Electric Mfg'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
=( (124.212 + 126.803) / 2 ) / 726.213*365
=125.5075 / 726.213*365
=63.08

China Electric Mfg'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
=( (111.823 + 126.803) / 2 ) / 153.919*365 / 4
=119.313 / 153.919*365 / 4
=70.73

* 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 70.73 mean?
China Electric Mfg (TPE:1611) has a Days Payable of 70.73 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 China Electric Mfg and its competitors. This is near median its historical median of 74.81. Over the past decade, China Electric Mfg's Days Payable has ranged from 62.27 to 89.98. According to the industry distribution chart, China Electric Mfg ranks #214 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 51.7%.
Is China Electric Mfg's Days Payable too high?
China Electric Mfg's current Days Payable of 70.73 is near median its 10-year median of 74.81. Over the past 10 years, this metric has ranged from a low of 62.27 to a high of 89.98. The Furnishings, Fixtures & Appliances industry median Days Payable is 63.75. China Electric Mfg's value of 70.73 is 10.9% above this industry median. Based on the distribution chart, China Electric Mfg ranks #214 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, China Electric Mfg has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Electric Mfg's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, China Electric Mfg ranks #214 out of 414 companies for Days Payable. This places China Electric Mfg in the lower half of its industry. The industry median Days Payable is 63.75. China Electric Mfg's value of 70.73 is 10.9% above this benchmark. Historically, China Electric Mfg's own Days Payable has ranged from 62.27 to 89.98 over the past decade. While the company's 10-year median is 74.81 vs. the industry median of 63.75, China Electric Mfg has consistently been above 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 Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 63.75, based on 414 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. China Electric Mfg's current Days Payable of 70.73 is 10.9% above 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 China Electric Mfg and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 63.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Electric Mfg's current Days Payable is 70.73, which is near median its own 10-year median of 74.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Electric Mfg stock overvalued right now?
Based on GuruFocus' analysis, China Electric Mfg (TPE:1611) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.99, compared to a current price of NT$13.15 — trading 9.7% above its estimated fair value. The current Days Payable is 70.73, which is near median its 10-year median of 74.81 and 10.9% above the Furnishings, Fixtures & Appliances industry median of 63.75. China Electric Mfg's overall GF Score™ is 65/100 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 China Electric Mfg (TPE:1611), the current Days Payable is 70.73 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 China Electric Mfg (TPE:1611) Overvalued in 2026?

Based on GuruFocus' analysis, China Electric Mfg stock appears to be overvalued. The current stock price of NT$13.15 is trading 9.7% above its estimated GF Value™ of NT$11.99. GuruFocus considers China Electric Mfg to be Fairly Valued.

Key valuation signals for TPE:1611:

  • Days Payable: 70.73 (near median its 10-year median of 74.81)
  • GF Value™: NT$11.99 vs. price of NT$13.15 (9.7% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 10.9% above the Furnishings, Fixtures & Appliances median (#214 of 414)

No single metric tells the full story. See the TPE:1611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Electric Mfg Business Description

Address No. 124, Xingshan Road, 2nd Floor, Neihu District, Taipei, TWN, 114763
China Electric Mfg Corp is a manufacturing enterprise. The company's business activities include manufacturing and selling electrical appliances, lighting products and related accessories; import and export trade of products; acts as an agent for domestic and foreign firm's quotation, distribution, and tendering business; and authorizes domestic and foreign firms to process and sell electrical appliances.
65GF Score

Get the complete analysis for TPE:1611

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

NT$13.15
Price
NT$11.99
GF Value