Cheer Time Enterprise CoTPE:3229 +0.23%55 Days Payable is 15.66 as of Dec. 2025, which is 36% below its 10-year median of 24.65. GuruFocus rates TPE:3229 with a GF Score™ of 55/100 and a GF Value™ of NT$15.17 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,436 Hardware companies, Cheer Time Enterprise Co ranks worse than 96.96% on this metric.
* 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.
For the Electronic Components subindustry, Cheer Time Enterprise 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.
Cheer Time Enterprise Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Cheer Time Enterprise Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Cheer Time Enterprise 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.
Cheer Time Enterprise 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.
Cheer Time Enterprise Co (TPE:3229) has a Days Payable of 15.66 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 Cheer Time Enterprise Co and its competitors. This is 36% below median its historical median of 24.65. Over the past decade, Cheer Time Enterprise Co's Days Payable has ranged from 10.58 to 100.79. According to the industry distribution chart, Cheer Time Enterprise Co ranks #2362 out of 2436 companies in the Hardware industry, placing it in the top 97%.
Is Cheer Time Enterprise Co's Days Payable too high?
Cheer Time Enterprise Co's current Days Payable of 15.66 is 36% below median its 10-year median of 24.65. Over the past 10 years, this metric has ranged from a low of 10.58 to a high of 100.79. The Hardware industry median Days Payable is 69.89. Cheer Time Enterprise Co's value of 15.66 is 77.6% below this industry median. Based on the distribution chart, Cheer Time Enterprise Co ranks #2362 out of 2436 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cheer Time Enterprise Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheer Time Enterprise Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Cheer Time Enterprise Co ranks #2362 out of 2436 companies for Days Payable. This places Cheer Time Enterprise Co in the lower half of its industry. The industry median Days Payable is 69.89. Cheer Time Enterprise Co's value of 15.66 is 77.6% below this benchmark. Historically, Cheer Time Enterprise Co's own Days Payable has ranged from 10.58 to 100.79 over the past decade. While the company's 10-year median is 24.65 vs. the industry median of 69.89, Cheer Time Enterprise 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 Hardware company?
The median Days Payable among Hardware companies is 69.89, based on 2,436 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. Cheer Time Enterprise Co's current Days Payable of 15.66 is 77.6% 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 Cheer Time Enterprise Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheer Time Enterprise Co's current Days Payable is 15.66, which is 36% below median its own 10-year median of 24.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheer Time Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Cheer Time Enterprise Co (TPE:3229) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.17, compared to a current price of NT$42.75 — trading 181.8% above its estimated fair value. The current Days Payable is 15.66, which is 36% below median its 10-year median of 24.65 and 77.6% below the Hardware industry median of 69.89. Cheer Time Enterprise Co's overall GF Score™ is 55/100 with 1 warning sign 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 Cheer Time Enterprise Co (TPE:3229), the current Days Payable is 15.66 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 Cheer Time Enterprise Co (TPE:3229) Overvalued in 2026?
Based on GuruFocus' analysis, Cheer Time Enterprise Co stock appears to be overvalued.
The current stock price of NT$42.75 is trading 181.8% above its estimated GF Value™ of NT$15.17.
GuruFocus considers Cheer Time Enterprise Co to be Significantly Overvalued.
Key valuation signals for TPE:3229:
Days Payable: 15.66 (36% below median its 10-year median of 24.65)
GF Value™: NT$15.17 vs. price of NT$42.75 (181.8% above fair value)
Industry Position: 77.6% below the Hardware median (#2362 of 2436)
No single metric tells the full story. See the TPE:3229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheer Time Enterprise Co Ltd is engaged in the manufacturing, processing and sales of rigid Printed Circuit Board (PCB), as well as international trade. The company's products include HDI, Teflon, ceramic plate, ceramic plate + FR-4, Load Board PCB, Aluminum substrate, rigid-flex PCB, Special process images, PCB drilling, Phosphor bronze balls, and Electronic components. It derives the majority of revenue from Manufacturing and sales of printed circuit boards. Geographically, it derives the majority of revenue from Taiwan, Asia (excluding Taiwan), North America, Oceania, and Europe with the majority of revenue deriving from Taiwan.
55GF Score
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