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Taiwan Glass IndTPE:1802 -6.08%45 Days Payable is 73.20 as of Mar. 2026, which is 0% above its 10-year median of 72.84. GuruFocus rates TPE:1802 with a GF Score™ of 45/100 and a GF Value™ of NT$18.84 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 394 Building Materials companies, Taiwan Glass Ind ranks worse than 52.03% on this metric.
The historical rank and industry rank for Taiwan Glass Ind's Days Payable or its related term are showing as below:
TPE:1802'
s Days Payable Range Over the Past 10 Years
Min: 29.71 Med: 72.84 Max: 78.99
Current: 68
During the past 13 years, Taiwan Glass Ind's highest Days Payable was 78.99. The lowest was 29.71. And the median was 72.84.
TPE:1802's Days Payable is ranked worse than 52.03% of 394
companies
in the Building Materials industry
Industry Median: 69.16
vs TPE:1802: 68.00
Taiwan Glass Ind's Days Payable
declined
from Mar. 2025 (80.05) to Mar. 2026 (73.20).
It may suggest that Taiwan Glass Indaccelerated paying its suppliers.
Taiwan Glass Ind Days Payable Related Terms
Taiwan Glass Ind Days Payable Historical Data
* Premium members only.
The historical data trend for Taiwan Glass Ind'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.
TPE:1802 vs CRH, VMC, MLM: Days Payable Comparison
For the Building Materials subindustry, Taiwan Glass Ind'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.
Taiwan Glass Ind Days Payable vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's Days Payable distribution charts can be found below:
* The bar in red indicates where Taiwan Glass Ind'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.
Taiwan Glass Ind'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.
Taiwan Glass Ind (TPE:1802) has a Days Payable of 73.20 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Taiwan Glass Ind and its competitors. This is near median its historical median of 72.84. Over the past decade, Taiwan Glass Ind's Days Payable has ranged from 29.71 to 78.99. According to the industry distribution chart, Taiwan Glass Ind ranks #205 out of 394 companies in the Building Materials industry, placing it in the top 52%.
Is Taiwan Glass Ind's Days Payable too high?
Taiwan Glass Ind's current Days Payable of 73.20 is near median its 10-year median of 72.84. Over the past 10 years, this metric has ranged from a low of 29.71 to a high of 78.99. The Building Materials industry median Days Payable is 69.16. Taiwan Glass Ind's value of 73.20 is 5.8% above this industry median. Based on the distribution chart, Taiwan Glass Ind ranks #205 out of 394 companies in the Building Materials industry, which is below the industry midpoint. Overall, Taiwan Glass Ind has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Glass Ind's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiwan Glass Ind ranks #205 out of 394 companies for Days Payable. This places Taiwan Glass Ind in the lower half of its industry. The industry median Days Payable is 69.16. Taiwan Glass Ind's value of 73.20 is 5.8% above this benchmark. Historically, Taiwan Glass Ind's own Days Payable has ranged from 29.71 to 78.99 over the past decade. While the company's 10-year median is 72.84 vs. the industry median of 69.16, Taiwan Glass Ind 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.16, based on 394 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. Taiwan Glass Ind's current Days Payable of 73.20 is 5.8% 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 Taiwan Glass Ind and its competitors. For the Building Materials industry, the median Days Payable is 69.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Glass Ind's current Days Payable is 73.20, which is near median its own 10-year median of 72.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Glass Ind stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Glass Ind (TPE:1802) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.84, compared to a current price of NT$51.00 — trading 170.7% above its estimated fair value. The current Days Payable is 73.20, which is near median its 10-year median of 72.84 and 5.8% above the Building Materials industry median of 69.16. Taiwan Glass Ind's overall GF Score™ is 45/100 with 5 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 Taiwan Glass Ind (TPE:1802), the current Days Payable is 73.20 as of Mar. 2026. 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 Taiwan Glass Ind (TPE:1802) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Glass Ind stock appears to be overvalued.
The current stock price of NT$51.00 is trading 170.7% above its estimated GF Value™ of NT$18.84.
GuruFocus considers Taiwan Glass Ind to be Significantly Overvalued.
Key valuation signals for TPE:1802:
Days Payable: 73.20 (near median its 10-year median of 72.84)
GF Value™: NT$18.84 vs. price of NT$51.00 (170.7% above fair value)
Industry Position: 5.8% above the Building Materials median (#205 of 394)
No single metric tells the full story. See the TPE:1802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Glass Ind Corp is engaged in the manufacturing, processing, and selling of various glass products. Its products include flat glass, auto glass, ultra-thin glass, photoelectric glass, fiber glass, and containers, tableware & kitchenware. The company's segments include Flat Glass Segment, engaged in the manufacturing and selling of flat glass; Glass Container Segment, engaged in the manufacturing and selling of glass containers; and Glass Fiber Segment, engaged in the manufacturing and selling of glass fibers. It derives the majority of its revenue from the Flat Glass segment. Geographically, its operations are spread across Taiwan, China, and Other countries.
45GF Score
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