China Man-Made Fiber (TPE:1718) Days Payable: 30.46 (As of Dec. 2025) — Near Median


TPE:1718 China Man-Made Fiber Corp TPE:1718
65 GF Score
Price NT$14.95
GF Value NT$9.31
Valuation Significantly Overvalued
! 9 Warning Signs
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What is China Man-Made Fiber Days Payable?

China Man-Made Fiber TPE:1718 +9.93% 65 Days Payable is 30.46 as of Dec. 2025, which is 5% above its 10-year median of 29.06. GuruFocus rates TPE:1718 with a GF Score™ of 65/100 and a GF Value™ of NT$9.31 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 32 Banks companies, China Man-Made Fiber ranks worse than 53.13% on this metric.

China Man-Made Fiber's average Accounts Payable for the three months ended in Dec. 2025 was NT$841 Mil. China Man-Made Fiber's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,520 Mil. Hence, China Man-Made Fiber's Days Payable for the three months ended in Dec. 2025 was 30.46.

The historical rank and industry rank for China Man-Made Fiber's Days Payable or its related term are showing as below:

TPE:1718' s Days Payable Range Over the Past 10 Years
Min: 24.23   Med: 29.06   Max: 35.19
Current: 31.15

During the past 13 years, China Man-Made Fiber's highest Days Payable was 35.19. The lowest was 24.23. And the median was 29.06.

TPE:1718's Days Payable is ranked worse than
53.13% of 32 companies
in the Banks industry
Industry Median: 32.045 vs TPE:1718: 31.15

China Man-Made Fiber's Days Payable declined from Dec. 2024 (34.16) to Dec. 2025 (30.46). It may suggest that China Man-Made Fiber accelerated paying its suppliers.


China Man-Made Fiber Days Payable Historical Data

* Premium members only.

The historical data trend for China Man-Made Fiber'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 Man-Made Fiber Days Payable Chart

China Man-Made Fiber 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 30.77 34.65 32.16 29.27 28.84

China Man-Made Fiber 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 34.16 34.72 31.70 29.96 30.46

TPE:1718 vs PNC, USB: Days Payable Comparison

For the Banks - Regional subindustry, China Man-Made Fiber'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 Man-Made Fiber Days Payable vs Banks Industry

For the Banks industry and Financial Services sector, China Man-Made Fiber's Days Payable distribution charts can be found below:

* The bar in red indicates where China Man-Made Fiber's Days Payable falls into.


TPE:1718
65GF Score
China Man-Made Fiber Corp TPE:1718
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Man-Made Fiber 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 Man-Made Fiber'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
=( (929.746 + 741.822) / 2 ) / 10576.193*365
=835.784 / 10576.193*365
=28.84

China Man-Made Fiber'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
=( (940.692 + 741.822) / 2 ) / 2520.439*365 / 4
=841.257 / 2520.439*365 / 4
=30.46

* 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 30.46 mean?
China Man-Made Fiber (TPE:1718) has a Days Payable of 30.46 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 Man-Made Fiber and its competitors. This is near median its historical median of 29.06. Over the past decade, China Man-Made Fiber's Days Payable has ranged from 24.23 to 35.19. According to the industry distribution chart, China Man-Made Fiber ranks #17 out of 32 companies in the Banks industry, placing it in the top 53.1%.
Is China Man-Made Fiber's Days Payable too high?
China Man-Made Fiber's current Days Payable of 30.46 is near median its 10-year median of 29.06. Over the past 10 years, this metric has ranged from a low of 24.23 to a high of 35.19. The Banks industry median Days Payable is 32.05. China Man-Made Fiber's value of 30.46 is 4.9% below this industry median. Based on the distribution chart, China Man-Made Fiber ranks #17 out of 32 companies in the Banks industry, which is below the industry midpoint. Overall, China Man-Made Fiber has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Man-Made Fiber's Days Payable compare to PNC and USB?
According to the Banks industry distribution chart, China Man-Made Fiber ranks #17 out of 32 companies for Days Payable. This places China Man-Made Fiber in the lower half of its industry. The industry median Days Payable is 32.05. China Man-Made Fiber's value of 30.46 is 4.9% below this benchmark. Historically, China Man-Made Fiber's own Days Payable has ranged from 24.23 to 35.19 over the past decade. While the company's 10-year median is 29.06 vs. the industry median of 32.05, China Man-Made Fiber 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 Banks company?
The median Days Payable among Banks companies is 32.05, based on 32 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 Man-Made Fiber's current Days Payable of 30.46 is 4.9% 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 China Man-Made Fiber and its competitors. For the Banks industry, the median Days Payable is 32.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Man-Made Fiber's current Days Payable is 30.46, which is near median its own 10-year median of 29.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Man-Made Fiber stock overvalued right now?
Based on GuruFocus' analysis, China Man-Made Fiber (TPE:1718) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.31, compared to a current price of NT$14.95 — trading 60.6% above its estimated fair value. The current Days Payable is 30.46, which is near median its 10-year median of 29.06 and 4.9% below the Banks industry median of 32.05. China Man-Made Fiber's overall GF Score™ is 65/100 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 China Man-Made Fiber (TPE:1718), the current Days Payable is 30.46 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 Man-Made Fiber (TPE:1718) Overvalued in 2026?

Based on GuruFocus' analysis, China Man-Made Fiber stock appears to be overvalued. The current stock price of NT$14.95 is trading 60.6% above its estimated GF Value™ of NT$9.31. GuruFocus considers China Man-Made Fiber to be Significantly Overvalued.

Key valuation signals for TPE:1718:

  • Days Payable: 30.46 (near median its 10-year median of 29.06)
  • GF Value™: NT$9.31 vs. price of NT$14.95 (60.6% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 4.9% below the Banks median (#17 of 32)

No single metric tells the full story. See the TPE:1718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Man-Made Fiber Business Description

Address Xinsheng S. Road, 10th Floor, No. 50, Sector 1, World Trade Building, Zhongzheng District, Taipei City, TWN, 100
China Man-Made Fiber Corp makes and sells chemicals and fiber products, including polyester yarn and filament, and rayon yarn and fiber, which are used to make apparel, footwear, and industrial cloth. The company's segments include Chemical Industry Department, Chemical Fiber Department, Bank departments, and other departments. The majority of its revenue is generated from banking departments.
65GF Score

Get the complete analysis for TPE:1718

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

NT$14.95
Price
NT$9.31
GF Value