* 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.
Evergreen Marine (Taiwan) Days Payable Competitor Comparison
For the Marine Shipping subindustry, Evergreen Marine (Taiwan)'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.
Evergreen Marine (Taiwan) Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Evergreen Marine (Taiwan)'s Days Payable distribution charts can be found below:
* The bar in red indicates where Evergreen Marine (Taiwan)'s Days Payable falls into.
Evergreen Marine (Taiwan) 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.
Evergreen Marine (Taiwan)'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.
Evergreen Marine (Taiwan) (TPE:2603) has a Days Payable of 60.71 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 Evergreen Marine (Taiwan) and its competitors. This is 33% above median its historical median of 45.78. Over the past decade, Evergreen Marine (Taiwan)'s Days Payable has ranged from 36.74 to 65.88. According to the industry distribution chart, Evergreen Marine (Taiwan) ranks #326 out of 968 companies in the Transportation industry, placing it in the top 33.7%.
Is Evergreen Marine (Taiwan)'s Days Payable too high?
Evergreen Marine (Taiwan)'s current Days Payable of 60.71 is 33% above median its 10-year median of 45.78. Over the past 10 years, this metric has ranged from a low of 36.74 to a high of 65.88. The Transportation industry median Days Payable is 39.09. Evergreen Marine (Taiwan)'s value of 60.71 is 55.3% above this industry median. Based on the distribution chart, Evergreen Marine (Taiwan) ranks #326 out of 968 companies in the Transportation industry, which is above the industry midpoint. Overall, Evergreen Marine (Taiwan) has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Marine (Taiwan)'s Days Payable compare to competitors?
According to the Transportation industry distribution chart, Evergreen Marine (Taiwan) ranks #326 out of 968 companies for Days Payable. This puts Evergreen Marine (Taiwan) in the upper half of its industry. The industry median Days Payable is 39.09. Evergreen Marine (Taiwan)'s value of 60.71 is 55.3% above this benchmark. Historically, Evergreen Marine (Taiwan)'s own Days Payable has ranged from 36.74 to 65.88 over the past decade. While the company's 10-year median is 45.78 vs. the industry median of 39.09, Evergreen Marine (Taiwan) 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 Transportation company?
The median Days Payable among Transportation companies is 39.09, based on 968 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. Evergreen Marine (Taiwan)'s current Days Payable of 60.71 is 55.3% 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 Evergreen Marine (Taiwan) and its competitors. For the Transportation industry, the median Days Payable is 39.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Marine (Taiwan)'s current Days Payable is 60.71, which is 33% above median its own 10-year median of 45.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Marine (Taiwan) stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Marine (Taiwan) (TPE:2603) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$174.35, compared to a current price of NT$195.50 — trading 12.1% above its estimated fair value. The current Days Payable is 60.71, which is 33% above median its 10-year median of 45.78 and 55.3% above the Transportation industry median of 39.09. Evergreen Marine (Taiwan)'s overall GF Score™ is 92/100 with 9 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 Evergreen Marine (Taiwan) (TPE:2603), the current Days Payable is 60.71 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 Evergreen Marine (Taiwan) (TPE:2603) Overvalued in 2026?
Based on GuruFocus' analysis, Evergreen Marine (Taiwan) stock appears to be overvalued.
The current stock price of NT$195.50 is trading 12.1% above its estimated GF Value™ of NT$174.35.
GuruFocus considers Evergreen Marine (Taiwan) to be Modestly Overvalued.
Key valuation signals for TPE:2603:
Days Payable: 60.71 (33% above median its 10-year median of 45.78)
GF Value™: NT$174.35 vs. price of NT$195.50 (12.1% above fair value)
Industry Position: 55.3% above the Transportation median (#326 of 968)
No single metric tells the full story. See the TPE:2603 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evergreen Marine Corp (Taiwan) Ltd is mainly engaged in domestic and international marine transportation, shipping agency services, commercial port area ship repair services, and the distribution of containers. Along with its subsidiaries, it operates in the following reportable segments: Transportation Department, which derives maximum revenue, and Other Departments. Geographically, the group generates maximum revenue from Asia (excluding Taiwan), followed by Taiwan, America, Europe, and other regions.
92GF Score
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