Aerospace Industrial Development (TPE:2634) Days Payable: 25.22 (As of Dec. 2025) — Near Median

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TPE:2634 Aerospace Industrial Development Corp TPE:2634
74 GF Score
Price NT$61.90
GF Value NT$49.24
Valuation Modestly Overvalued
! 13 Warning Signs
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What is Aerospace Industrial Development Days Payable?

Aerospace Industrial Development TPE:2634 -3.88% 74 Days Payable is 25.22 as of Dec. 2025, which is 6% below its 10-year median of 26.94. GuruFocus rates TPE:2634 with a GF Score™ of 74/100 and a GF Value™ of NT$49.24 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 340 Aerospace & Defense companies, Aerospace Industrial Development ranks worse than 81.47% on this metric.

Aerospace Industrial Development's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,764 Mil. Aerospace Industrial Development's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$10,003 Mil. Hence, Aerospace Industrial Development's Days Payable for the three months ended in Dec. 2025 was 25.22.

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

TPE:2634' s Days Payable Range Over the Past 10 Years
Min: 22.5   Med: 26.94   Max: 32
Current: 32

During the past 13 years, Aerospace Industrial Development's highest Days Payable was 32.00. The lowest was 22.50. And the median was 26.94.

TPE:2634's Days Payable is ranked worse than
81.47% of 340 companies
in the Aerospace & Defense industry
Industry Median: 64.565 vs TPE:2634: 32.00

Aerospace Industrial Development's Days Payable declined from Dec. 2024 (26.90) to Dec. 2025 (25.22). It may suggest that Aerospace Industrial Development accelerated paying its suppliers.


Aerospace Industrial Development Days Payable Related Terms


Aerospace Industrial Development Days Payable Historical Data

* Premium members only.

The historical data trend for Aerospace Industrial Development'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.

Aerospace Industrial Development Days Payable Chart

Aerospace Industrial Development 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 28.53 25.33 23.49 29.82 31.39

Aerospace Industrial Development 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 26.90 38.86 35.58 31.69 25.22

TPE:2634 vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, Aerospace Industrial Development'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.


Aerospace Industrial Development Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace Industrial Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Aerospace Industrial Development's Days Payable falls into.


TPE:2634
74GF Score
Aerospace Industrial Development Corp TPE:2634
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aerospace Industrial Development 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.

Aerospace Industrial Development'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
=( (3042.489 + 2618.922) / 2 ) / 32920.041*365
=2830.7055 / 32920.041*365
=31.39

Aerospace Industrial Development'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
=( (2909.887 + 2618.922) / 2 ) / 10002.744*365 / 4
=2764.4045 / 10002.744*365 / 4
=25.22

* 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 25.22 mean?
Aerospace Industrial Development (TPE:2634) has a Days Payable of 25.22 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 Aerospace Industrial Development and its competitors. This is near median its historical median of 26.94. Over the past decade, Aerospace Industrial Development's Days Payable has ranged from 22.50 to 32.00. According to the industry distribution chart, Aerospace Industrial Development ranks #277 out of 340 companies in the Aerospace & Defense industry, placing it in the top 81.5%.
Is Aerospace Industrial Development's Days Payable too high?
Aerospace Industrial Development's current Days Payable of 25.22 is near median its 10-year median of 26.94. Over the past 10 years, this metric has ranged from a low of 22.50 to a high of 32.00. The Aerospace & Defense industry median Days Payable is 64.57. Aerospace Industrial Development's value of 25.22 is 60.9% below this industry median. Based on the distribution chart, Aerospace Industrial Development ranks #277 out of 340 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Aerospace Industrial Development has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aerospace Industrial Development's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aerospace Industrial Development ranks #277 out of 340 companies for Days Payable. This places Aerospace Industrial Development in the lower half of its industry. The industry median Days Payable is 64.57. Aerospace Industrial Development's value of 25.22 is 60.9% below this benchmark. Historically, Aerospace Industrial Development's own Days Payable has ranged from 22.50 to 32.00 over the past decade. While the company's 10-year median is 26.94 vs. the industry median of 64.57, Aerospace Industrial Development 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.57, based on 340 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. Aerospace Industrial Development's current Days Payable of 25.22 is 60.9% 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 Aerospace Industrial Development and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aerospace Industrial Development's current Days Payable is 25.22, which is near median its own 10-year median of 26.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerospace Industrial Development stock overvalued right now?
Based on GuruFocus' analysis, Aerospace Industrial Development (TPE:2634) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$49.24, compared to a current price of NT$61.90 — trading 25.7% above its estimated fair value. The current Days Payable is 25.22, which is near median its 10-year median of 26.94 and 60.9% below the Aerospace & Defense industry median of 64.57. Aerospace Industrial Development's overall GF Score™ is 74/100 with 13 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 Aerospace Industrial Development (TPE:2634), the current Days Payable is 25.22 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 Aerospace Industrial Development (TPE:2634) Overvalued in 2026?

Based on GuruFocus' analysis, Aerospace Industrial Development stock appears to be overvalued. The current stock price of NT$61.90 is trading 25.7% above its estimated GF Value™ of NT$49.24. GuruFocus considers Aerospace Industrial Development to be Modestly Overvalued.

Key valuation signals for TPE:2634:

  • Days Payable: 25.22 (near median its 10-year median of 26.94)
  • GF Value™: NT$49.24 vs. price of NT$61.90 (25.7% above fair value)
  • GF Score™: 74/100 with 13 warning signs
  • Industry Position: 60.9% below the Aerospace & Defense median (#277 of 340)

No single metric tells the full story. See the TPE:2634 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aerospace Industrial Development Business Description

Address No.1, Hanxiang Road, Xitun District, Taichung, TWN, 407803
Aerospace Industrial Development Corp is involved in the manufacturing and development of aerospace and defense products. The company's main business categories are as follows: design, manufacture, assembly, testing and maintenance of aircraft, engines, avionics, and related components; consulting services and technology transfers of aerospace technology, logistical support and engineering technology management of large-scale projects; engineering and development of software and sales of aerospace products. Geographically, the company operates in Asia, Europe and American regions.
74GF Score

Get the complete analysis for TPE:2634

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

NT$61.90
Price
NT$49.24
GF Value