Enlight (TPE:2438) Days Payable: 196.96 (As of Dec. 2025) — 1112% Above Median


TPE:2438 Enlight Corp TPE:2438
52 GF Score
Price NT$21.90
GF Value NT$63.06
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Enlight Days Payable?

Enlight TPE:2438 +2.58% 52 Days Payable is 196.96 as of Dec. 2025, which is 1112% above its 10-year median of 16.25. GuruFocus rates TPE:2438 with a GF Score™ of 52/100 and a GF Value™ of NT$63.06 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,986 Industrial Products companies, Enlight ranks better than 58.67% on this metric.

Enlight's average Accounts Payable for the three months ended in Dec. 2025 was NT$135.4 Mil. Enlight's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$62.7 Mil. Hence, Enlight's Days Payable for the three months ended in Dec. 2025 was 196.96.

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

TPE:2438' s Days Payable Range Over the Past 10 Years
Min: 10.7   Med: 16.25   Max: 172.58
Current: 95.18

During the past 13 years, Enlight's highest Days Payable was 172.58. The lowest was 10.70. And the median was 16.25.

TPE:2438's Days Payable is ranked better than
58.67% of 2986 companies
in the Industrial Products industry
Industry Median: 78.065 vs TPE:2438: 95.18

Enlight's Days Payable increased from Dec. 2024 (42.13) to Dec. 2025 (196.96). It may suggest that Enlight delayed paying its suppliers.


Enlight Days Payable Historical Data

* Premium members only.

The historical data trend for Enlight'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.

Enlight Days Payable Chart

Enlight 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 15.20 10.70 28.38 31.89 172.58

Enlight 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 42.13 52.51 36.17 42.83 196.96

TPE:2438 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Enlight'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.


Enlight Days Payable vs Industrial Products Industry

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

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


TPE:2438
52GF Score
Enlight Corp TPE:2438
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enlight 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.

Enlight'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
=( (38.602 + 238.514) / 2 ) / 293.039*365
=138.558 / 293.039*365
=172.58

Enlight'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
=( (32.198 + 238.514) / 2 ) / 62.708*365 / 4
=135.356 / 62.708*365 / 4
=196.96

* 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 196.96 mean?
Enlight (TPE:2438) has a Days Payable of 196.96 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 Enlight and its competitors. This is 1112% above median its historical median of 16.25. Over the past decade, Enlight's Days Payable has ranged from 10.70 to 172.58. According to the industry distribution chart, Enlight ranks #1234 out of 2986 companies in the Industrial Products industry, placing it in the top 41.3%.
Is Enlight's Days Payable too high?
Enlight's current Days Payable of 196.96 is 1112% above median its 10-year median of 16.25. Over the past 10 years, this metric has ranged from a low of 10.70 to a high of 172.58. The Industrial Products industry median Days Payable is 78.07. Enlight's value of 196.96 is 152.3% above this industry median. Based on the distribution chart, Enlight ranks #1234 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Enlight has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enlight's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Enlight ranks #1234 out of 2986 companies for Days Payable. This puts Enlight in the upper half of its industry. The industry median Days Payable is 78.07. Enlight's value of 196.96 is 152.3% above this benchmark. Historically, Enlight's own Days Payable has ranged from 10.70 to 172.58 over the past decade. While the company's 10-year median is 16.25 vs. the industry median of 78.07, Enlight 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. Enlight's current Days Payable of 196.96 is 152.3% 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 Enlight and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enlight's current Days Payable is 196.96, which is 1112% above median its own 10-year median of 16.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enlight stock overvalued right now?
Based on GuruFocus' analysis, Enlight (TPE:2438) is currently considered Possible Value Trap. The stock's GF Value™ is NT$63.06, compared to a current price of NT$21.90 — trading 65.3% below its estimated fair value. The current Days Payable is 196.96, which is 1112% above median its 10-year median of 16.25 and 152.3% above the Industrial Products industry median of 78.07. Enlight's overall GF Score™ is 52/100 with 6 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 Enlight (TPE:2438), the current Days Payable is 196.96 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 Enlight (TPE:2438) Overvalued in 2026?

Based on GuruFocus' analysis, Enlight stock appears to be undervalued. The current stock price of NT$21.90 is trading 65.3% below its estimated GF Value™ of NT$63.06. GuruFocus considers Enlight to be Possible Value Trap.

Key valuation signals for TPE:2438:

  • Days Payable: 196.96 (1112% above median its 10-year median of 16.25)
  • GF Value™: NT$63.06 vs. price of NT$21.90 (65.3% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 152.3% above the Industrial Products median (#1234 of 2986)

No single metric tells the full story. See the TPE:2438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enlight Business Description

Address 12th Floor, No. 438, Guangfu S. Road, Daan District, Taoyuan, TWN, 333
Enlight Corp is engaged in the development, production, and distribution of surface treatments, lighting equipment, electronic components, computers and peripherals thereof, home appliances, molds, electromechanical equipment, and hardware products. Its products include LED panel lights, downlights, lamps, tubes, ceiling lights, table lamps, dimmers, street lights, spotlights and high bay lights.
52GF Score

Get the complete analysis for TPE:2438

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

NT$21.90
Price
NT$63.06
GF Value