Simple Mart Retail Co (TPE:2945) Days Payable: 41.39 (As of Dec. 2025) — 10% Below Median


TPE:2945 Simple Mart Retail Co Ltd TPE:2945
81 GF Score
Price NT$42.45
GF Value NT$43.10
Valuation Fairly Valued
! 4 Warning Signs
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What is Simple Mart Retail Co Days Payable?

Simple Mart Retail Co TPE:2945 +1.31% 81 Days Payable is 41.39 as of Dec. 2025, which is 10% below its 10-year median of 45.84. GuruFocus rates TPE:2945 with a GF Score™ of 81/100 and a GF Value™ of NT$43.10 (Fairly Valued). The stock has 4 warning signs investors should review. Among 302 Retail - Defensive companies, Simple Mart Retail Co ranks worse than 51.32% on this metric.

Simple Mart Retail Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,263 Mil. Simple Mart Retail Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,784 Mil. Hence, Simple Mart Retail Co's Days Payable for the three months ended in Dec. 2025 was 41.39.

The historical rank and industry rank for Simple Mart Retail Co's Days Payable or its related term are showing as below:

TPE:2945' s Days Payable Range Over the Past 10 Years
Min: 36.07   Med: 45.84   Max: 50.34
Current: 42.39

During the past 11 years, Simple Mart Retail Co's highest Days Payable was 50.34. The lowest was 36.07. And the median was 45.84.

TPE:2945's Days Payable is ranked worse than
51.32% of 302 companies
in the Retail - Defensive industry
Industry Median: 43.31 vs TPE:2945: 42.39

Simple Mart Retail Co's Days Payable declined from Dec. 2024 (44.22) to Dec. 2025 (41.39). It may suggest that Simple Mart Retail Co accelerated paying its suppliers.


Simple Mart Retail Co Days Payable Historical Data

* Premium members only.

The historical data trend for Simple Mart Retail 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.

Simple Mart Retail Co Days Payable Chart

Simple Mart Retail 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 40.20 48.77 50.34 47.13 43.04

Simple Mart Retail 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 44.22 45.96 41.72 40.19 41.39

TPE:2945 vs KR, SFM: Days Payable Comparison

For the Grocery Stores subindustry, Simple Mart Retail 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.


Simple Mart Retail Co Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Simple Mart Retail Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Simple Mart Retail Co's Days Payable falls into.


TPE:2945
81GF Score
Simple Mart Retail Co Ltd TPE:2945
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Simple Mart Retail 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.

Simple Mart Retail 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
=( (1289.912 + 1247.269) / 2 ) / 10759.409*365
=1268.5905 / 10759.409*365
=43.04

Simple Mart Retail 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
=( (1278.7 + 1247.269) / 2 ) / 2784.318*365 / 4
=1262.9845 / 2784.318*365 / 4
=41.39

* 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 41.39 mean?
Simple Mart Retail Co (TPE:2945) has a Days Payable of 41.39 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 Simple Mart Retail Co and its competitors. This is 10% below median its historical median of 45.84. Over the past decade, Simple Mart Retail Co's Days Payable has ranged from 36.07 to 50.34. According to the industry distribution chart, Simple Mart Retail Co ranks #155 out of 302 companies in the Retail - Defensive industry, placing it in the top 51.3%.
Is Simple Mart Retail Co's Days Payable too high?
Simple Mart Retail Co's current Days Payable of 41.39 is 10% below median its 10-year median of 45.84. Over the past 10 years, this metric has ranged from a low of 36.07 to a high of 50.34. The Retail - Defensive industry median Days Payable is 43.31. Simple Mart Retail Co's value of 41.39 is 4.4% below this industry median. Based on the distribution chart, Simple Mart Retail Co ranks #155 out of 302 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Simple Mart Retail Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Simple Mart Retail Co's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Simple Mart Retail Co ranks #155 out of 302 companies for Days Payable. This places Simple Mart Retail Co in the lower half of its industry. The industry median Days Payable is 43.31. Simple Mart Retail Co's value of 41.39 is 4.4% below this benchmark. Historically, Simple Mart Retail Co's own Days Payable has ranged from 36.07 to 50.34 over the past decade. While the company's 10-year median is 45.84 vs. the industry median of 43.31, Simple Mart Retail 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.31, based on 302 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. Simple Mart Retail Co's current Days Payable of 41.39 is 4.4% 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 Simple Mart Retail Co and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simple Mart Retail Co's current Days Payable is 41.39, which is 10% below median its own 10-year median of 45.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simple Mart Retail Co stock overvalued right now?
Based on GuruFocus' analysis, Simple Mart Retail Co (TPE:2945) is currently considered Fairly Valued. The stock's GF Value™ is NT$43.10, compared to a current price of NT$42.45 — trading 1.5% below its estimated fair value. The current Days Payable is 41.39, which is 10% below median its 10-year median of 45.84 and 4.4% below the Retail - Defensive industry median of 43.31. Simple Mart Retail Co's overall GF Score™ is 81/100 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 Simple Mart Retail Co (TPE:2945), the current Days Payable is 41.39 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 Simple Mart Retail Co (TPE:2945) Overvalued in 2026?

Based on GuruFocus' analysis, Simple Mart Retail Co stock appears to be undervalued. The current stock price of NT$42.45 is trading 1.5% below its estimated GF Value™ of NT$43.10. GuruFocus considers Simple Mart Retail Co to be Fairly Valued.

Key valuation signals for TPE:2945:

  • Days Payable: 41.39 (10% below median its 10-year median of 45.84)
  • GF Value™: NT$43.10 vs. price of NT$42.45 (1.5% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 4.4% below the Retail - Defensive median (#155 of 302)

No single metric tells the full story. See the TPE:2945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Simple Mart Retail Co Business Description

Address Minquan East Road, B1, No. 4, Section 3, Zhongshan District, Taipei, TWN, 10477
Simple Mart Retail Co Ltd operates a retail chain of stores in Taiwan. The group has two reportable segments which mainly engage in selling daily commodities to customers; while the other segment engages in home shopping, health supplements, over-the-counter medicines, cosmetics, and organic products, as well as retail business on pet food and supplies.
81GF Score

Get the complete analysis for TPE:2945

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

NT$42.45
Price
NT$43.10
GF Value