Kenda Rubber Industrial CoTPE:2106 +2.90%59 Days Payable is 34.83 as of Dec. 2025, which is 1% below its 10-year median of 35.12. GuruFocus rates TPE:2106 with a GF Score™ of 59/100 and a GF Value™ of NT$27.62 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Kenda Rubber Industrial Co ranks worse than 85.19% on this metric.
* 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, Kenda Rubber Industrial 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.
Kenda Rubber Industrial Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kenda Rubber Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Kenda Rubber Industrial Co's Days Payable falls into.
Kenda Rubber Industrial 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.
* 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.
Kenda Rubber Industrial Co (TPE:2106) has a Days Payable of 34.83 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 Kenda Rubber Industrial Co and its competitors. This is near median its historical median of 35.12. Over the past decade, Kenda Rubber Industrial Co's Days Payable has ranged from 29.50 to 44.47. According to the industry distribution chart, Kenda Rubber Industrial Co ranks #1116 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 85.2%.
Is Kenda Rubber Industrial Co's Days Payable too high?
Kenda Rubber Industrial Co's current Days Payable of 34.83 is near median its 10-year median of 35.12. Over the past 10 years, this metric has ranged from a low of 29.50 to a high of 44.47. The Vehicles & Parts industry median Days Payable is 67.02. Kenda Rubber Industrial Co's value of 34.83 is 48% below this industry median. Based on the distribution chart, Kenda Rubber Industrial Co ranks #1116 out of 1310 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Kenda Rubber Industrial Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kenda Rubber Industrial Co ranks #1116 out of 1310 companies for Days Payable. This places Kenda Rubber Industrial Co in the lower half of its industry. The industry median Days Payable is 67.02. Kenda Rubber Industrial Co's value of 34.83 is 48% below this benchmark. Historically, Kenda Rubber Industrial Co's own Days Payable has ranged from 29.50 to 44.47 over the past decade. While the company's 10-year median is 35.12 vs. the industry median of 67.02, Kenda Rubber Industrial 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Kenda Rubber Industrial Co's current Days Payable of 34.83 is 48% 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 Kenda Rubber Industrial Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenda Rubber Industrial Co's current Days Payable is 34.83, which is near median its own 10-year median of 35.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.62, compared to a current price of NT$17.75 — trading 35.7% below its estimated fair value. The current Days Payable is 34.83, which is near median its 10-year median of 35.12 and 48% below the Vehicles & Parts industry median of 67.02. Kenda Rubber Industrial Co's overall GF Score™ is 59/100 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 Kenda Rubber Industrial Co (TPE:2106), the current Days Payable is 34.83 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued.
The current stock price of NT$17.75 is trading 35.7% below its estimated GF Value™ of NT$27.62.
GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.
Key valuation signals for TPE:2106:
Days Payable: 34.83 (near median its 10-year median of 35.12)
GF Value™: NT$27.62 vs. price of NT$17.75 (35.7% below fair value)
Industry Position: 48% below the Vehicles & Parts median (#1116 of 1310)
No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
59GF Score
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