Tatung Co (TPE:2371) Days Payable: 70.66 (As of Dec. 2025) — 24% Below Median


TPE:2371 Tatung Co Ltd TPE:2371
71 GF Score
Price NT$28.00
GF Value NT$55.13
Valuation Possible Value Trap
! 8 Warning Signs
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What is Tatung Co Days Payable?

Tatung Co TPE:2371 +2.00% 71 Days Payable is 70.66 as of Dec. 2025, which is 24% below its 10-year median of 93.43. GuruFocus rates TPE:2371 with a GF Score™ of 71/100 and a GF Value™ of NT$55.13 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 505 Conglomerates companies, Tatung Co ranks better than 61.39% on this metric.

Tatung Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$8,666 Mil. Tatung Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$11,191 Mil. Hence, Tatung Co's Days Payable for the three months ended in Dec. 2025 was 70.66.

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

TPE:2371' s Days Payable Range Over the Past 10 Years
Min: 66.22   Med: 93.43   Max: 315.76
Current: 68.47

During the past 13 years, Tatung Co's highest Days Payable was 315.76. The lowest was 66.22. And the median was 93.43.

TPE:2371's Days Payable is ranked better than
61.39% of 505 companies
in the Conglomerates industry
Industry Median: 56.04 vs TPE:2371: 68.47

Tatung Co's Days Payable increased from Dec. 2024 (65.13) to Dec. 2025 (70.66). It may suggest that Tatung Co delayed paying its suppliers.


Tatung Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tatung 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.

Tatung Co Days Payable Chart

Tatung 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 315.76 185.86 68.99 66.22 69.34

Tatung 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 65.13 77.80 62.46 64.11 70.66

TPE:2371 vs HON, MMM: Days Payable Comparison

For the Conglomerates subindustry, Tatung 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.


Tatung Co Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tatung Co's Days Payable distribution charts can be found below:

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


TPE:2371
71GF Score
Tatung Co Ltd TPE:2371
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tatung 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.

Tatung 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
=( (7218.835 + 8680.87) / 2 ) / 41844.877*365
=7949.8525 / 41844.877*365
=69.34

Tatung 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
=( (8651.004 + 8680.87) / 2 ) / 11191.05*365 / 4
=8665.937 / 11191.05*365 / 4
=70.66

* 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 70.66 mean?
Tatung Co (TPE:2371) has a Days Payable of 70.66 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 Tatung Co and its competitors. This is 24% below median its historical median of 93.43. Over the past decade, Tatung Co's Days Payable has ranged from 66.22 to 315.76. According to the industry distribution chart, Tatung Co ranks #195 out of 505 companies in the Conglomerates industry, placing it in the top 38.6%.
Is Tatung Co's Days Payable too high?
Tatung Co's current Days Payable of 70.66 is 24% below median its 10-year median of 93.43. Over the past 10 years, this metric has ranged from a low of 66.22 to a high of 315.76. The Conglomerates industry median Days Payable is 56.04. Tatung Co's value of 70.66 is 26.1% above this industry median. Based on the distribution chart, Tatung Co ranks #195 out of 505 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tatung Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tatung Co's Days Payable compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tatung Co ranks #195 out of 505 companies for Days Payable. This puts Tatung Co in the upper half of its industry. The industry median Days Payable is 56.04. Tatung Co's value of 70.66 is 26.1% above this benchmark. Historically, Tatung Co's own Days Payable has ranged from 66.22 to 315.76 over the past decade. While the company's 10-year median is 93.43 vs. the industry median of 56.04, Tatung Co 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 56.04, based on 505 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. Tatung Co's current Days Payable of 70.66 is 26.1% 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 Tatung Co and its competitors. For the Conglomerates industry, the median Days Payable is 56.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tatung Co's current Days Payable is 70.66, which is 24% below median its own 10-year median of 93.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatung Co stock overvalued right now?
Based on GuruFocus' analysis, Tatung Co (TPE:2371) is currently considered Possible Value Trap. The stock's GF Value™ is NT$55.13, compared to a current price of NT$28.00 — trading 49.2% below its estimated fair value. The current Days Payable is 70.66, which is 24% below median its 10-year median of 93.43 and 26.1% above the Conglomerates industry median of 56.04. Tatung Co's overall GF Score™ is 71/100 with 8 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 Tatung Co (TPE:2371), the current Days Payable is 70.66 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 Tatung Co (TPE:2371) Overvalued in 2026?

Based on GuruFocus' analysis, Tatung Co stock appears to be undervalued. The current stock price of NT$28.00 is trading 49.2% below its estimated GF Value™ of NT$55.13. GuruFocus considers Tatung Co to be Possible Value Trap.

Key valuation signals for TPE:2371:

  • Days Payable: 70.66 (24% below median its 10-year median of 93.43)
  • GF Value™: NT$55.13 vs. price of NT$28.00 (49.2% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 26.1% above the Conglomerates median (#195 of 505)

No single metric tells the full story. See the TPE:2371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tatung Co Business Description

Address Zhongshan North Road, No. 22, Section 3, Zhongshan District, Taipei, TWN, 104427
Tatung Co Ltd is a Taiwan-based conglomerate that operates through the following business groups. Electric power, system integration and new energy; its segmensta are : Electric power,system integration and new energy segment; Consumer electronics segment; ; and Other Business segment. It generates the majority of its revenue from the Electric power, system integration and new energy segment which develops, manufactures, and sells related components, intelligent grids, smart grid portals, photovoltaics, motors, machinery, energy control, green investment, and miscellaneous systems. Its geographical operations include Taiwan, Asia, Europe, America, and Others.
71GF Score

Get the complete analysis for TPE:2371

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

NT$28.00
Price
NT$55.13
GF Value