Taiwan Navigation CoTPE:2617 +1.84%89 Days Payable is 31.35 as of Dec. 2025, which is 23% above its 10-year median of 25.56. GuruFocus rates TPE:2617 with a GF Score™ of 89/100 and a GF Value™ of NT$34.54 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 968 Transportation companies, Taiwan Navigation Co ranks worse than 60.02% on this metric.
The historical rank and industry rank for Taiwan Navigation Co's Days Payable or its related term are showing as below:
TPE:2617'
s Days Payable Range Over the Past 10 Years
Min: 20.7 Med: 25.56 Max: 33.68
Current: 31.88
During the past 13 years, Taiwan Navigation Co's highest Days Payable was 33.68. The lowest was 20.70. And the median was 25.56.
TPE:2617's Days Payable is ranked worse than 60.02% of 968
companies
in the Transportation industry
Industry Median: 39.085
vs TPE:2617: 31.88
Taiwan Navigation Co's Days Payable
declined
from Dec. 2024 (41.95) to Dec. 2025 (31.35).
It may suggest that Taiwan Navigation Coaccelerated paying its suppliers.
Taiwan Navigation Co Days Payable Related Terms
Taiwan Navigation Co Days Payable Historical Data
* Premium members only.
The historical data trend for Taiwan Navigation 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.
Taiwan Navigation Co Days Payable Competitor Comparison
For the Marine Shipping subindustry, Taiwan Navigation 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.
Taiwan Navigation Co Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan Navigation Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Taiwan Navigation 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.
Taiwan Navigation 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.
Taiwan Navigation Co (TPE:2617) has a Days Payable of 31.35 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 Taiwan Navigation Co and its competitors. This is 23% above median its historical median of 25.56. Over the past decade, Taiwan Navigation Co's Days Payable has ranged from 20.70 to 33.68. According to the industry distribution chart, Taiwan Navigation Co ranks #581 out of 968 companies in the Transportation industry, placing it in the top 60%.
Is Taiwan Navigation Co's Days Payable too high?
Taiwan Navigation Co's current Days Payable of 31.35 is 23% above median its 10-year median of 25.56. Over the past 10 years, this metric has ranged from a low of 20.70 to a high of 33.68. The Transportation industry median Days Payable is 39.09. Taiwan Navigation Co's value of 31.35 is 19.8% below this industry median. Based on the distribution chart, Taiwan Navigation Co ranks #581 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Taiwan Navigation Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Days Payable compare to competitors?
According to the Transportation industry distribution chart, Taiwan Navigation Co ranks #581 out of 968 companies for Days Payable. This places Taiwan Navigation Co in the lower half of its industry. The industry median Days Payable is 39.09. Taiwan Navigation Co's value of 31.35 is 19.8% below this benchmark. Historically, Taiwan Navigation Co's own Days Payable has ranged from 20.70 to 33.68 over the past decade. While the company's 10-year median is 25.56 vs. the industry median of 39.09, Taiwan Navigation 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 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. Taiwan Navigation Co's current Days Payable of 31.35 is 19.8% 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 Taiwan Navigation Co 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. Taiwan Navigation Co's current Days Payable is 31.35, which is 23% above median its own 10-year median of 25.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.54, compared to a current price of NT$30.50 — trading 11.7% below its estimated fair value. The current Days Payable is 31.35, which is 23% above median its 10-year median of 25.56 and 19.8% below the Transportation industry median of 39.09. Taiwan Navigation Co's overall GF Score™ is 89/100 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 Taiwan Navigation Co (TPE:2617), the current Days Payable is 31.35 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued.
The current stock price of NT$30.50 is trading 11.7% below its estimated GF Value™ of NT$34.54.
GuruFocus considers Taiwan Navigation Co to be Modestly Undervalued.
Key valuation signals for TPE:2617:
Days Payable: 31.35 (23% above median its 10-year median of 25.56)
GF Value™: NT$34.54 vs. price of NT$30.50 (11.7% below fair value)
Industry Position: 19.8% below the Transportation median (#581 of 968)
No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
89GF Score
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