Tonlin Department Store Co (TPE:2910) Days Payable: 533.58 (As of Dec. 2025) — 248% Above Median


TPE:2910 Tonlin Department Store Co Ltd TPE:2910
74 GF Score
Price NT$21.95
GF Value NT$19.50
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Tonlin Department Store Co Days Payable?

Tonlin Department Store Co TPE:2910 -1.13% 74 Days Payable is 533.58 as of Dec. 2025, which is 248% above its 10-year median of 153.29. GuruFocus rates TPE:2910 with a GF Score™ of 74/100 and a GF Value™ of NT$19.50 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,095 Retail - Cyclical companies, Tonlin Department Store Co ranks better than 97.08% on this metric.

Tonlin Department Store Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$94.0 Mil. Tonlin Department Store Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$16.1 Mil. Hence, Tonlin Department Store Co's Days Payable for the three months ended in Dec. 2025 was 533.58.

The historical rank and industry rank for Tonlin Department Store Co's Days Payable or its related term are showing as below:

TPE:2910' s Days Payable Range Over the Past 10 Years
Min: 88.26   Med: 153.29   Max: 628.54
Current: 554.55

During the past 13 years, Tonlin Department Store Co's highest Days Payable was 628.54. The lowest was 88.26. And the median was 153.29.

TPE:2910's Days Payable is ranked better than
97.08% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 52.28 vs TPE:2910: 554.55

Tonlin Department Store Co's Days Payable increased from Dec. 2024 (393.07) to Dec. 2025 (533.58). It may suggest that Tonlin Department Store Co delayed paying its suppliers.


Tonlin Department Store Co Days Payable Historical Data

* Premium members only.

The historical data trend for Tonlin Department Store 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.

Tonlin Department Store Co Days Payable Chart

Tonlin Department Store 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 156.03 88.26 125.56 217.45 628.54

Tonlin Department Store 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 393.07 654.39 497.89 479.38 533.58

TPE:2910 vs DDS, M: Days Payable Comparison

For the Department Stores subindustry, Tonlin Department Store 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.


Tonlin Department Store Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tonlin Department Store Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tonlin Department Store Co's Days Payable falls into.


TPE:2910
74GF Score
Tonlin Department Store Co Ltd TPE:2910
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tonlin Department Store 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.

Tonlin Department Store 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
=( (107.588 + 103.801) / 2 ) / 61.378*365
=105.6945 / 61.378*365
=628.54

Tonlin Department Store 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
=( (84.231 + 103.801) / 2 ) / 16.078*365 / 4
=94.016 / 16.078*365 / 4
=533.58

* 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 533.58 mean?
Tonlin Department Store Co (TPE:2910) has a Days Payable of 533.58 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 Tonlin Department Store Co and its competitors. This is 248% above median its historical median of 153.29. Over the past decade, Tonlin Department Store Co's Days Payable has ranged from 88.26 to 628.54. According to the industry distribution chart, Tonlin Department Store Co ranks #32 out of 1095 companies in the Retail - Cyclical industry, placing it in the top 2.9%.
Is Tonlin Department Store Co's Days Payable too high?
Tonlin Department Store Co's current Days Payable of 533.58 is 248% above median its 10-year median of 153.29. Over the past 10 years, this metric has ranged from a low of 88.26 to a high of 628.54. The Retail - Cyclical industry median Days Payable is 52.28. Tonlin Department Store Co's value of 533.58 is 920.6% above this industry median. Based on the distribution chart, Tonlin Department Store Co ranks #32 out of 1095 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tonlin Department Store Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tonlin Department Store Co's Days Payable compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Tonlin Department Store Co ranks #32 out of 1095 companies for Days Payable. This places Tonlin Department Store Co in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 52.28. Tonlin Department Store Co's value of 533.58 is 920.6% above this benchmark. Historically, Tonlin Department Store Co's own Days Payable has ranged from 88.26 to 628.54 over the past decade. While the company's 10-year median is 153.29 vs. the industry median of 52.28, Tonlin Department Store Co 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 52.28, based on 1,095 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. Tonlin Department Store Co's current Days Payable of 533.58 is 920.6% 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 Tonlin Department Store Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 52.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tonlin Department Store Co's current Days Payable is 533.58, which is 248% above median its own 10-year median of 153.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonlin Department Store Co stock overvalued right now?
Based on GuruFocus' analysis, Tonlin Department Store Co (TPE:2910) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$19.50, compared to a current price of NT$21.95 — trading 12.6% above its estimated fair value. The current Days Payable is 533.58, which is 248% above median its 10-year median of 153.29 and 920.6% above the Retail - Cyclical industry median of 52.28. Tonlin Department Store Co's overall GF Score™ is 74/100 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 Tonlin Department Store Co (TPE:2910), the current Days Payable is 533.58 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 Tonlin Department Store Co (TPE:2910) Overvalued in 2026?

Based on GuruFocus' analysis, Tonlin Department Store Co stock appears to be overvalued. The current stock price of NT$21.95 is trading 12.6% above its estimated GF Value™ of NT$19.50. GuruFocus considers Tonlin Department Store Co to be Modestly Overvalued.

Key valuation signals for TPE:2910:

  • Days Payable: 533.58 (248% above median its 10-year median of 153.29)
  • GF Value™: NT$19.50 vs. price of NT$21.95 (12.6% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 920.6% above the Retail - Cyclical median (#32 of 1095)

No single metric tells the full story. See the TPE:2910 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tonlin Department Store Co Business Description

Address Zhongxiao East Road, 10th Floor-6, No.197, Section 4, Taipei, TWN
Tonlin Department Store Co Ltd operates department stores offering men's and women's apparel and accessories, food, gifts, and general merchandise, among others. The reporting segments for the company are: Department store and Construction segment. Maximum revenue is generated from the Department store segment.
74GF Score

Get the complete analysis for TPE:2910

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

NT$21.95
Price
NT$19.50
GF Value