Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nankang Rubber TireTPE:2101 -1.04%60 Days Payable is 101.16 as of Jun. 2026, which is 356% above its 10-year median of 22.19. GuruFocus rates TPE:2101 with a GF Score™ of 60/100 and a GF Value™ of NT$77.70 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,314 Vehicles & Parts companies, Nankang Rubber Tire ranks better than 83.94% on this metric.
The historical rank and industry rank for Nankang Rubber Tire's Days Payable or its related term are showing as below:
TPE:2101'
s Days Payable Range Over the Past 10 Years
Min: 14.61 Med: 22.19 Max: 188.67
Current: 153.67
During the past 13 years, Nankang Rubber Tire's highest Days Payable was 188.67. The lowest was 14.61. And the median was 22.19.
TPE:2101's Days Payable is ranked better than 83.94% of 1314
companies
in the Vehicles & Parts industry
Industry Median: 66.555
vs TPE:2101: 153.67
Nankang Rubber Tire's Days Payable
increased
from Jun. 2025 (60.98) to Jun. 2026 (101.16).
It may suggest that Nankang Rubber Tiredelayed paying its suppliers.
The historical data trend for Nankang Rubber Tire'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.
For the Auto Parts subindustry, Nankang Rubber Tire'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.
Nankang Rubber Tire Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nankang Rubber Tire's Days Payable distribution charts can be found below:
* The bar in red indicates where Nankang Rubber Tire'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.
Nankang Rubber Tire'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.
Nankang Rubber Tire (TPE:2101) has a Days Payable of 101.16 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 Nankang Rubber Tire and its competitors. This is 356% above median its historical median of 22.19. Over the past decade, Nankang Rubber Tire's Days Payable has ranged from 14.61 to 188.67. According to the industry distribution chart, Nankang Rubber Tire ranks #211 out of 1314 companies in the Vehicles & Parts industry, placing it in the top 16.1%.
Is Nankang Rubber Tire's Days Payable too high?
Nankang Rubber Tire's current Days Payable of 101.16 is 356% above median its 10-year median of 22.19. Over the past 10 years, this metric has ranged from a low of 14.61 to a high of 188.67. The Vehicles & Parts industry median Days Payable is 66.56. Nankang Rubber Tire's value of 101.16 is 52% above this industry median. Based on the distribution chart, Nankang Rubber Tire ranks #211 out of 1314 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Nankang Rubber Tire has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nankang Rubber Tire ranks #211 out of 1314 companies for Days Payable. This places Nankang Rubber Tire in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.56. Nankang Rubber Tire's value of 101.16 is 52% above this benchmark. Historically, Nankang Rubber Tire's own Days Payable has ranged from 14.61 to 188.67 over the past decade. While the company's 10-year median is 22.19 vs. the industry median of 66.56, Nankang Rubber Tire 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.56, based on 1,314 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. Nankang Rubber Tire's current Days Payable of 101.16 is 52% 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 Nankang Rubber Tire and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nankang Rubber Tire's current Days Payable is 101.16, which is 356% above median its own 10-year median of 22.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Possible Value Trap. The stock's GF Value™ is NT$77.70, compared to a current price of NT$33.15 — trading 57.3% below its estimated fair value. The current Days Payable is 101.16, which is 356% above median its 10-year median of 22.19 and 52% above the Vehicles & Parts industry median of 66.56. Nankang Rubber Tire's overall GF Score™ is 60/100 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 Nankang Rubber Tire (TPE:2101), the current Days Payable is 101.16 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 Nankang Rubber Tire (TPE:2101) Overvalued in 2026?
Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued.
The current stock price of NT$33.15 is trading 57.3% below its estimated GF Value™ of NT$77.70.
GuruFocus considers Nankang Rubber Tire to be Possible Value Trap.
Key valuation signals for TPE:2101:
Days Payable: 101.16 (356% above median its 10-year median of 22.19)
GF Value™: NT$77.70 vs. price of NT$33.15 (57.3% below fair value)
Industry Position: 52% above the Vehicles & Parts median (#211 of 1314)
No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
60GF Score
Get the complete analysis for TPE:2101
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2101 has been successfully added to your 
