Turvo International Co (TPE:2233) Days Payable: 46.31 (As of Dec. 2025) — Near Median


TPE:2233 Turvo International Co Ltd TPE:2233
78 GF Score
Price NT$250.00
GF Value NT$159.79
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Turvo International Co Days Payable?

Turvo International Co TPE:2233 +7.30% 78 Days Payable is 46.31 as of Dec. 2025, which is 4% above its 10-year median of 44.45. GuruFocus rates TPE:2233 with a GF Score™ of 78/100 and a GF Value™ of NT$159.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,991 Industrial Products companies, Turvo International Co ranks worse than 72.99% on this metric.

Turvo International Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$270 Mil. Turvo International Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$531 Mil. Hence, Turvo International Co's Days Payable for the three months ended in Dec. 2025 was 46.31.

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

TPE:2233' s Days Payable Range Over the Past 10 Years
Min: 37.76   Med: 44.45   Max: 50.18
Current: 45.91

During the past 13 years, Turvo International Co's highest Days Payable was 50.18. The lowest was 37.76. And the median was 44.45.

TPE:2233's Days Payable is ranked worse than
72.99% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs TPE:2233: 45.91

Turvo International Co's Days Payable declined from Dec. 2024 (50.29) to Dec. 2025 (46.31). It may suggest that Turvo International Co accelerated paying its suppliers.


Turvo International Co Days Payable Historical Data

* Premium members only.

The historical data trend for Turvo International 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.

Turvo International Co Days Payable Chart

Turvo International 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 43.29 38.32 45.61 50.18 47.14

Turvo International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 50.29 43.20 45.92 47.27 46.31

TPE:2233 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Turvo International 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.


Turvo International Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turvo International Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Turvo International Co's Days Payable falls into.


TPE:2233
78GF Score
Turvo International Co Ltd TPE:2233
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Turvo International 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.

Turvo International 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
=( (310.885 + 272.886) / 2 ) / 2259.92*365
=291.8855 / 2259.92*365
=47.14

Turvo International Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (266.39 + 272.886) / 2 ) / 531.355*365 / 4
=269.638 / 531.355*365 / 4
=46.31

* 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 46.31 mean?
Turvo International Co (TPE:2233) has a Days Payable of 46.31 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 Turvo International Co and its competitors. This is near median its historical median of 44.45. Over the past decade, Turvo International Co's Days Payable has ranged from 37.76 to 50.18. According to the industry distribution chart, Turvo International Co ranks #2183 out of 2991 companies in the Industrial Products industry, placing it in the top 73%.
Is Turvo International Co's Days Payable too high?
Turvo International Co's current Days Payable of 46.31 is near median its 10-year median of 44.45. Over the past 10 years, this metric has ranged from a low of 37.76 to a high of 50.18. The Industrial Products industry median Days Payable is 78.08. Turvo International Co's value of 46.31 is 40.7% below this industry median. Based on the distribution chart, Turvo International Co ranks #2183 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Turvo International Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turvo International Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Turvo International Co ranks #2183 out of 2991 companies for Days Payable. This places Turvo International Co in the lower half of its industry. The industry median Days Payable is 78.08. Turvo International Co's value of 46.31 is 40.7% below this benchmark. Historically, Turvo International Co's own Days Payable has ranged from 37.76 to 50.18 over the past decade. While the company's 10-year median is 44.45 vs. the industry median of 78.08, Turvo International 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Turvo International Co's current Days Payable of 46.31 is 40.7% 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 Turvo International Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turvo International Co's current Days Payable is 46.31, which is near median its own 10-year median of 44.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turvo International Co stock overvalued right now?
Based on GuruFocus' analysis, Turvo International Co (TPE:2233) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$159.79, compared to a current price of NT$250.00 — trading 56.5% above its estimated fair value. The current Days Payable is 46.31, which is near median its 10-year median of 44.45 and 40.7% below the Industrial Products industry median of 78.08. Turvo International Co's overall GF Score™ is 78/100 with 5 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 Turvo International Co (TPE:2233), the current Days Payable is 46.31 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 Turvo International Co (TPE:2233) Overvalued in 2026?

Based on GuruFocus' analysis, Turvo International Co stock appears to be overvalued. The current stock price of NT$250.00 is trading 56.5% above its estimated GF Value™ of NT$159.79. GuruFocus considers Turvo International Co to be Significantly Overvalued.

Key valuation signals for TPE:2233:

  • Days Payable: 46.31 (near median its 10-year median of 44.45)
  • GF Value™: NT$159.79 vs. price of NT$250.00 (56.5% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 40.7% below the Industrial Products median (#2183 of 2991)

No single metric tells the full story. See the TPE:2233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Turvo International Co Business Description

Address No. 27, Jing 2 Road, Taichung Harbor Export Processing Zone, Wuci Township, Taichung, TWN
Turvo International Co Ltd is a Taiwan-based company engaged in the manufacturing and marketing of air tools, machine elements, hardware parts, wood lathes, and wood planers used on these products. The Company also processes, manufactures, and markets optical elements. Its main products are connectors and sensors, which are mostly applied in automotive, medical, industrial, and electronics industries. It has two reportable segments as follows: The Taiwan segment produces, manufactures, and trades precision metal processing, including automobile, industrial application, and household application, etc. China segment produces, manufactures, and trades precision metal processing, including computer, medical equipment, optical, and precision metal hardware, etc.
78GF Score

Get the complete analysis for TPE:2233

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

NT$250.00
Price
NT$159.79
GF Value