Iron Force Industrial CoTPE:2228 +0.11%91 Days Payable is 27.19 as of Dec. 2025, which is 8% below its 10-year median of 29.46. GuruFocus rates TPE:2228 with a GF Score™ of 91/100 and a GF Value™ of NT$92.64 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Iron Force Industrial Co ranks worse than 88.46% 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, Iron Force 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.
Iron Force Industrial Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Iron Force Industrial 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.
Iron Force Industrial 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.
Iron Force Industrial Co (TPE:2228) has a Days Payable of 27.19 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 Iron Force Industrial Co and its competitors. This is near median its historical median of 29.46. Over the past decade, Iron Force Industrial Co's Days Payable has ranged from 22.85 to 39.08. According to the industry distribution chart, Iron Force Industrial Co ranks #1157 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 88.5%.
Is Iron Force Industrial Co's Days Payable too high?
Iron Force Industrial Co's current Days Payable of 27.19 is near median its 10-year median of 29.46. Over the past 10 years, this metric has ranged from a low of 22.85 to a high of 39.08. The Vehicles & Parts industry median Days Payable is 67.04. Iron Force Industrial Co's value of 27.19 is 59.4% below this industry median. Based on the distribution chart, Iron Force Industrial Co ranks #1157 out of 1308 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Iron Force Industrial Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Iron Force Industrial Co ranks #1157 out of 1308 companies for Days Payable. This places Iron Force Industrial Co in the lower half of its industry. The industry median Days Payable is 67.04. Iron Force Industrial Co's value of 27.19 is 59.4% below this benchmark. Historically, Iron Force Industrial Co's own Days Payable has ranged from 22.85 to 39.08 over the past decade. While the company's 10-year median is 29.46 vs. the industry median of 67.04, Iron Force 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 67.04, based on 1,308 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. Iron Force Industrial Co's current Days Payable of 27.19 is 59.4% 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 Iron Force Industrial Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Force Industrial Co's current Days Payable is 27.19, which is near median its own 10-year median of 29.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Fairly Valued. The stock's GF Value™ is NT$92.64, compared to a current price of NT$87.80 — trading 5.2% below its estimated fair value. The current Days Payable is 27.19, which is near median its 10-year median of 29.46 and 59.4% below the Vehicles & Parts industry median of 67.04. Iron Force Industrial Co's overall GF Score™ is 91/100 with 3 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 Iron Force Industrial Co (TPE:2228), the current Days Payable is 27.19 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?
Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued.
The current stock price of NT$87.80 is trading 5.2% below its estimated GF Value™ of NT$92.64.
GuruFocus considers Iron Force Industrial Co to be Fairly Valued.
Key valuation signals for TPE:2228:
Days Payable: 27.19 (near median its 10-year median of 29.46)
GF Value™: NT$92.64 vs. price of NT$87.80 (5.2% below fair value)
Industry Position: 59.4% below the Vehicles & Parts median (#1157 of 1308)
No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
91GF Score
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