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Hwa Fong Rubber Ind CoTPE:2109 -0.34%69 Days Payable is 33.41 as of Jun. 2026, which is 11% below its 10-year median of 37.45. GuruFocus rates TPE:2109 with a GF Score™ of 69/100 and a GF Value™ of NT$14.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Hwa Fong Rubber Ind Co ranks worse than 83.52% 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, Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hwa Fong Rubber Ind Co'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.
Hwa Fong Rubber Ind Co'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.
Hwa Fong Rubber Ind Co (TPE:2109) has a Days Payable of 33.41 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 Hwa Fong Rubber Ind Co and its competitors. This is 11% below median its historical median of 37.45. Over the past decade, Hwa Fong Rubber Ind Co's Days Payable has ranged from 33.29 to 41.02. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #1095 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 83.5%.
Is Hwa Fong Rubber Ind Co's Days Payable too high?
Hwa Fong Rubber Ind Co's current Days Payable of 33.41 is 11% below median its 10-year median of 37.45. Over the past 10 years, this metric has ranged from a low of 33.29 to a high of 41.02. The Vehicles & Parts industry median Days Payable is 66.65. Hwa Fong Rubber Ind Co's value of 33.41 is 49.9% below this industry median. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #1095 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #1095 out of 1311 companies for Days Payable. This places Hwa Fong Rubber Ind Co in the lower half of its industry. The industry median Days Payable is 66.65. Hwa Fong Rubber Ind Co's value of 33.41 is 49.9% below this benchmark. Historically, Hwa Fong Rubber Ind Co's own Days Payable has ranged from 33.29 to 41.02 over the past decade. While the company's 10-year median is 37.45 vs. the industry median of 66.65, Hwa Fong Rubber Ind 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 66.65, based on 1,311 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. Hwa Fong Rubber Ind Co's current Days Payable of 33.41 is 49.9% 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 Hwa Fong Rubber Ind Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber Ind Co's current Days Payable is 33.41, which is 11% below median its own 10-year median of 37.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.65, compared to a current price of NT$14.55 — trading 0.7% below its estimated fair value. The current Days Payable is 33.41, which is 11% below median its 10-year median of 37.45 and 49.9% below the Vehicles & Parts industry median of 66.65. Hwa Fong Rubber Ind Co's overall GF Score™ is 69/100 with 4 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 Hwa Fong Rubber Ind Co (TPE:2109), the current Days Payable is 33.41 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be undervalued.
The current stock price of NT$14.55 is trading 0.7% below its estimated GF Value™ of NT$14.65.
GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.
Key valuation signals for TPE:2109:
Days Payable: 33.41 (11% below median its 10-year median of 37.45)
GF Value™: NT$14.65 vs. price of NT$14.55 (0.7% below fair value)
Industry Position: 49.9% below the Vehicles & Parts median (#1095 of 1311)
No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
69GF Score
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