Taiwan Pelican Express Co (TPE:2642) Days Payable: 33.79 (As of Dec. 2025) — Near Median


TPE:2642 Taiwan Pelican Express Co Ltd TPE:2642
68 GF Score
Price NT$21.25
GF Value NT$32.91
Valuation Possible Value Trap
! 4 Warning Signs
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What is Taiwan Pelican Express Co Days Payable?

Taiwan Pelican Express Co TPE:2642 68 Days Payable is 33.79 as of Dec. 2025, which is 3% above its 10-year median of 32.79. GuruFocus rates TPE:2642 with a GF Score™ of 68/100 and a GF Value™ of NT$32.91 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 968 Transportation companies, Taiwan Pelican Express Co ranks worse than 56.4% on this metric.

Taiwan Pelican Express Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$318 Mil. Taiwan Pelican Express Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$858 Mil. Hence, Taiwan Pelican Express Co's Days Payable for the three months ended in Dec. 2025 was 33.79.

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

TPE:2642' s Days Payable Range Over the Past 10 Years
Min: 28.33   Med: 32.79   Max: 39.32
Current: 34.25

During the past 13 years, Taiwan Pelican Express Co's highest Days Payable was 39.32. The lowest was 28.33. And the median was 32.79.

TPE:2642's Days Payable is ranked worse than
56.4% of 968 companies
in the Transportation industry
Industry Median: 39.085 vs TPE:2642: 34.25

Taiwan Pelican Express Co's Days Payable increased from Dec. 2024 (33.57) to Dec. 2025 (33.79). It may suggest that Taiwan Pelican Express Co delayed paying its suppliers.


Taiwan Pelican Express Co Days Payable Historical Data

* Premium members only.

The historical data trend for Taiwan Pelican Express 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 Pelican Express Co Days Payable Chart

Taiwan Pelican Express 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 31.06 36.23 39.32 35.92 33.61

Taiwan Pelican Express 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 33.57 33.78 34.61 35.49 33.79

TPE:2642 vs UPS, FDX, JBHT: Days Payable Comparison

For the Integrated Freight & Logistics subindustry, Taiwan Pelican Express 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 Pelican Express Co Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Pelican Express Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiwan Pelican Express Co's Days Payable falls into.


TPE:2642
68GF Score
Taiwan Pelican Express Co Ltd TPE:2642
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Pelican Express 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.

Taiwan Pelican Express 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
=( (348.469 + 304.64) / 2 ) / 3546.157*365
=326.5545 / 3546.157*365
=33.61

Taiwan Pelican Express 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
=( (331.182 + 304.64) / 2 ) / 858.482*365 / 4
=317.911 / 858.482*365 / 4
=33.79

* 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 33.79 mean?
Taiwan Pelican Express Co (TPE:2642) has a Days Payable of 33.79 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 Pelican Express Co and its competitors. This is near median its historical median of 32.79. Over the past decade, Taiwan Pelican Express Co's Days Payable has ranged from 28.33 to 39.32. According to the industry distribution chart, Taiwan Pelican Express Co ranks #546 out of 968 companies in the Transportation industry, placing it in the top 56.4%.
Is Taiwan Pelican Express Co's Days Payable too high?
Taiwan Pelican Express Co's current Days Payable of 33.79 is near median its 10-year median of 32.79. Over the past 10 years, this metric has ranged from a low of 28.33 to a high of 39.32. The Transportation industry median Days Payable is 39.09. Taiwan Pelican Express Co's value of 33.79 is 13.5% below this industry median. Based on the distribution chart, Taiwan Pelican Express Co ranks #546 out of 968 companies in the Transportation industry, which is below the industry midpoint. Overall, Taiwan Pelican Express Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Pelican Express Co's Days Payable compare to UPS and FDX?
According to the Transportation industry distribution chart, Taiwan Pelican Express Co ranks #546 out of 968 companies for Days Payable. This places Taiwan Pelican Express Co in the lower half of its industry. The industry median Days Payable is 39.09. Taiwan Pelican Express Co's value of 33.79 is 13.5% below this benchmark. Historically, Taiwan Pelican Express Co's own Days Payable has ranged from 28.33 to 39.32 over the past decade. While the company's 10-year median is 32.79 vs. the industry median of 39.09, Taiwan Pelican Express 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 Pelican Express Co's current Days Payable of 33.79 is 13.5% 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 Pelican Express 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 Pelican Express Co's current Days Payable is 33.79, which is near median its own 10-year median of 32.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Pelican Express Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Pelican Express Co (TPE:2642) is currently considered Possible Value Trap. The stock's GF Value™ is NT$32.91, compared to a current price of NT$21.25 — trading 35.4% below its estimated fair value. The current Days Payable is 33.79, which is near median its 10-year median of 32.79 and 13.5% below the Transportation industry median of 39.09. Taiwan Pelican Express Co's overall GF Score™ is 68/100 with 4 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 Pelican Express Co (TPE:2642), the current Days Payable is 33.79 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 Pelican Express Co (TPE:2642) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Pelican Express Co stock appears to be undervalued. The current stock price of NT$21.25 is trading 35.4% below its estimated GF Value™ of NT$32.91. GuruFocus considers Taiwan Pelican Express Co to be Possible Value Trap.

Key valuation signals for TPE:2642:

  • Days Payable: 33.79 (near median its 10-year median of 32.79)
  • GF Value™: NT$32.91 vs. price of NT$21.25 (35.4% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 13.5% below the Transportation median (#546 of 968)

No single metric tells the full story. See the TPE:2642 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Pelican Express Co Business Description

Address Shennong Street, No. 426, Sanchong District, Taipei, TWN, 241020
Taiwan Pelican Express Co Ltd is a Taiwan-based company. The Company and its subsidiaries engaged in the logistics business, a company that provides route-permitted truck transportation, home delivery, and other professional logistic delivery services. It has two reportable segments: the home delivery service segment and logistic business segment. The home delivery service segment is mainly engaged in route-permitted truck transportation and home delivery service, and the logistics business segment is mainly engaged in the warehouse storage, tally, and transportation delivery business. The group generates the majority of its revenue from the home delivery service segment. Geographically, the group operates in Taiwan and Vietnam. It generates key revenue from Taiwan.
68GF Score

Get the complete analysis for TPE:2642

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

NT$21.25
Price
NT$32.91
GF Value