King Slide Works Co (TPE:2059) Days Payable: 18.22 (As of Jun. 2026) — 33% Above Median

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TPE:2059 King Slide Works Co Ltd TPE:2059
89 GF Score
Price NT$12,495.00
GF Value NT$6,720.42
Valuation Significantly Overvalued
! 1 Warning Sign
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What is King Slide Works Co Days Payable?

King Slide Works Co TPE:2059 +1.63% 89 Days Payable is 18.22 as of Jun. 2026, which is 33% above its 10-year median of 13.65. GuruFocus rates TPE:2059 with a GF Score™ of 89/100 and a GF Value™ of NT$6,720.42 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 414 Furnishings, Fixtures & Appliances companies, King Slide Works Co ranks worse than 97.58% on this metric.

King Slide Works Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$275 Mil. King Slide Works Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$1,378 Mil. Hence, King Slide Works Co's Days Payable for the three months ended in Jun. 2026 was 18.22.

The historical rank and industry rank for King Slide Works Co's Days Payable or its related term are showing as below:

TPE:2059' s Days Payable Range Over the Past 10 Years
Min: 11.49   Med: 13.65   Max: 16.56
Current: 16.56

During the past 13 years, King Slide Works Co's highest Days Payable was 16.56. The lowest was 11.49. And the median was 13.65.

TPE:2059's Days Payable is ranked worse than
97.58% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.03 vs TPE:2059: 16.56

King Slide Works Co's Days Payable increased from Jun. 2025 (15.33) to Jun. 2026 (18.22). It may suggest that King Slide Works Co delayed paying its suppliers.


King Slide Works Co Days Payable Historical Data

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The historical data trend for King Slide Works 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.

King Slide Works Co Days Payable Chart

King Slide Works 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 12.96 11.33 12.58 11.54 15.31

King Slide Works Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.33 13.35 14.72 18.42 18.22

TPE:2059 vs SN, SGI, MHK: Days Payable Comparison

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co Days Payable vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Days Payable distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Days Payable falls into.


TPE:2059
89GF Score
King Slide Works Co Ltd TPE:2059
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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King Slide Works 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.

King Slide Works 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
=( (131.212 + 225.216) / 2 ) / 4248.35*365
=178.214 / 4248.35*365
=15.31

King Slide Works Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (270.533 + 279.682) / 2 ) / 1377.546*365 / 4
=275.1075 / 1377.546*365 / 4
=18.22

* 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 18.22 mean?
King Slide Works Co (TPE:2059) has a Days Payable of 18.22 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on King Slide Works Co and its competitors. This is 33% above median its historical median of 13.65. Over the past decade, King Slide Works Co's Days Payable has ranged from 11.49 to 16.56. According to the industry distribution chart, King Slide Works Co ranks #404 out of 414 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 97.6%.
Is King Slide Works Co's Days Payable too high?
King Slide Works Co's current Days Payable of 18.22 is 33% above median its 10-year median of 13.65. Over the past 10 years, this metric has ranged from a low of 11.49 to a high of 16.56. The Furnishings, Fixtures & Appliances industry median Days Payable is 66.03. King Slide Works Co's value of 18.22 is 72.4% below this industry median. Based on the distribution chart, King Slide Works Co ranks #404 out of 414 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, King Slide Works Co has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Slide Works Co's Days Payable compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, King Slide Works Co ranks #404 out of 414 companies for Days Payable. This places King Slide Works Co in the lower half of its industry. The industry median Days Payable is 66.03. King Slide Works Co's value of 18.22 is 72.4% below this benchmark. Historically, King Slide Works Co's own Days Payable has ranged from 11.49 to 16.56 over the past decade. While the company's 10-year median is 13.65 vs. the industry median of 66.03, King Slide Works 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 a Furnishings, Fixtures & Appliances company?
The median Days Payable among Furnishings, Fixtures & Appliances companies is 66.03, 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. King Slide Works Co's current Days Payable of 18.22 is 72.4% 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 King Slide Works Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Payable is 66.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Slide Works Co's current Days Payable is 18.22, which is 33% above median its own 10-year median of 13.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Slide Works Co stock overvalued right now?
Based on GuruFocus' analysis, King Slide Works Co (TPE:2059) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6,720.42, compared to a current price of NT$12,495.00 — trading 85.9% above its estimated fair value. The current Days Payable is 18.22, which is 33% above median its 10-year median of 13.65 and 72.4% below the Furnishings, Fixtures & Appliances industry median of 66.03. King Slide Works Co's overall GF Score™ is 89/100 with 1 warning sign 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 King Slide Works Co (TPE:2059), the current Days Payable is 18.22 as of Jun. 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 King Slide Works Co (TPE:2059) Overvalued in 2026?

Based on GuruFocus' analysis, King Slide Works Co stock appears to be overvalued. The current stock price of NT$12,495.00 is trading 85.9% above its estimated GF Value™ of NT$6,720.42. GuruFocus considers King Slide Works Co to be Significantly Overvalued.

Key valuation signals for TPE:2059:

  • Days Payable: 18.22 (33% above median its 10-year median of 13.65)
  • GF Value™: NT$6,720.42 vs. price of NT$12,495.00 (85.9% above fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 72.4% below the Furnishings, Fixtures & Appliances median (#404 of 414)

No single metric tells the full story. See the TPE:2059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Slide Works Co Business Description

Address No. 136, Shun An Road, Lane 275, Lu Zhu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd mainly designs, manufactures and sells the following products: Rail kits for cloud computing servers and data devices. Furniture, wooden kitchen accessories, slides and molds. Its segments are King Slide Works Co, King Slide Technology Co, and others. The company generates majority of revenue from King Slide Technology Co, Ltd. mainly R&D, designs and sells the rail kits for servers and network communications equipment. The company has presence in Taiwan, USA, China, and Others. The company generates majority of revenue from USA. The company's products includes Kitchen & Furniture Solutions, Special Applications, Server Rail Kits & CMA, and Consumer Electronics Solutions.
89GF Score

Get the complete analysis for TPE:2059

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

NT$12,495.00
Price
NT$6,720.42
GF Value