Jung Shing Wire Co (TPE:1617) Days Payable: 7.97 (As of Dec. 2025) — 44% Below Median


TPE:1617 Jung Shing Wire Co Ltd TPE:1617
73 GF Score
Price NT$23.50
GF Value NT$17.05
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Jung Shing Wire Co Days Payable?

Jung Shing Wire Co TPE:1617 73 Days Payable is 7.97 as of Dec. 2025, which is 44% below its 10-year median of 14.23. GuruFocus rates TPE:1617 with a GF Score™ of 73/100 and a GF Value™ of NT$17.05 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,986 Industrial Products companies, Jung Shing Wire Co ranks worse than 98.53% on this metric.

Jung Shing Wire Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$74 Mil. Jung Shing Wire Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$849 Mil. Hence, Jung Shing Wire Co's Days Payable for the three months ended in Dec. 2025 was 7.97.

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

TPE:1617' s Days Payable Range Over the Past 10 Years
Min: 8.95   Med: 14.23   Max: 21.74
Current: 8.95

During the past 13 years, Jung Shing Wire Co's highest Days Payable was 21.74. The lowest was 8.95. And the median was 14.23.

TPE:1617's Days Payable is ranked worse than
98.53% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs TPE:1617: 8.95

Jung Shing Wire Co's Days Payable declined from Dec. 2024 (8.71) to Dec. 2025 (7.97). It may suggest that Jung Shing Wire Co accelerated paying its suppliers.


Jung Shing Wire Co Days Payable Historical Data

* Premium members only.

The historical data trend for Jung Shing Wire 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.

Jung Shing Wire Co Days Payable Chart

Jung Shing Wire 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 10.86 12.14 12.62 9.06 9.23

Jung Shing Wire 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 8.71 10.65 8.75 8.41 7.97

TPE:1617 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Jung Shing Wire 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.


Jung Shing Wire Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jung Shing Wire Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jung Shing Wire Co's Days Payable falls into.


TPE:1617
73GF Score
Jung Shing Wire Co Ltd TPE:1617
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jung Shing Wire 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.

Jung Shing Wire 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
=( (85.542 + 72.324) / 2 ) / 3120.144*365
=78.933 / 3120.144*365
=9.23

Jung Shing Wire 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
=( (75.855 + 72.324) / 2 ) / 848.579*365 / 4
=74.0895 / 848.579*365 / 4
=7.97

* 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 7.97 mean?
Jung Shing Wire Co (TPE:1617) has a Days Payable of 7.97 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 Jung Shing Wire Co and its competitors. This is 44% below median its historical median of 14.23. Over the past decade, Jung Shing Wire Co's Days Payable has ranged from 8.95 to 21.74. According to the industry distribution chart, Jung Shing Wire Co ranks #2942 out of 2986 companies in the Industrial Products industry, placing it in the top 98.5%.
Is Jung Shing Wire Co's Days Payable too high?
Jung Shing Wire Co's current Days Payable of 7.97 is 44% below median its 10-year median of 14.23. Over the past 10 years, this metric has ranged from a low of 8.95 to a high of 21.74. The Industrial Products industry median Days Payable is 77.81. Jung Shing Wire Co's value of 7.97 is 89.8% below this industry median. Based on the distribution chart, Jung Shing Wire Co ranks #2942 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Jung Shing Wire Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jung Shing Wire Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jung Shing Wire Co ranks #2942 out of 2986 companies for Days Payable. This places Jung Shing Wire Co in the lower half of its industry. The industry median Days Payable is 77.81. Jung Shing Wire Co's value of 7.97 is 89.8% below this benchmark. Historically, Jung Shing Wire Co's own Days Payable has ranged from 8.95 to 21.74 over the past decade. While the company's 10-year median is 14.23 vs. the industry median of 77.81, Jung Shing Wire 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 77.81, based on 2,986 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. Jung Shing Wire Co's current Days Payable of 7.97 is 89.8% 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 Jung Shing Wire Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jung Shing Wire Co's current Days Payable is 7.97, which is 44% below median its own 10-year median of 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jung Shing Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Jung Shing Wire Co (TPE:1617) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.05, compared to a current price of NT$23.50 — trading 37.8% above its estimated fair value. The current Days Payable is 7.97, which is 44% below median its 10-year median of 14.23 and 89.8% below the Industrial Products industry median of 77.81. Jung Shing Wire Co's overall GF Score™ is 73/100 with 9 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 Jung Shing Wire Co (TPE:1617), the current Days Payable is 7.97 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 Jung Shing Wire Co (TPE:1617) Overvalued in 2026?

Based on GuruFocus' analysis, Jung Shing Wire Co stock appears to be overvalued. The current stock price of NT$23.50 is trading 37.8% above its estimated GF Value™ of NT$17.05. GuruFocus considers Jung Shing Wire Co to be Significantly Overvalued.

Key valuation signals for TPE:1617:

  • Days Payable: 7.97 (44% below median its 10-year median of 14.23)
  • GF Value™: NT$17.05 vs. price of NT$23.50 (37.8% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 89.8% below the Industrial Products median (#2942 of 2986)

No single metric tells the full story. See the TPE:1617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jung Shing Wire Co Business Description

Address Section 3, Chung-Cheng Road, No. 231, Jen-teh District, Tainan City, TWN, 717
Jung Shing Wire Co Ltd is engaged in the manufacturing and processing of enameled wires and downstream products, and the trading of related machinery and equipment. Its product portfolio comprises general enameled wire, self-melting enameled wire, and special enameled wire. The group has a reporting segment: the wire department, which manufactures various kinds of degaussing rings, enameled wire, and Litz wire. Geographically, the company generates maximum revenue from Mainland China, followed by Taiwan, Vietnam, the Philippines, Japan, and other countries.
73GF Score

Get the complete analysis for TPE:1617

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

NT$23.50
Price
NT$17.05
GF Value