Quang Viet Enterprise Co (TPE:4438) Days Payable: 24.46 (As of Dec. 2025) — 18% Above Median

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TPE:4438 Quang Viet Enterprise Co Ltd TPE:4438
73 GF Score
Price NT$61.00
GF Value NT$118.92
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Quang Viet Enterprise Co Days Payable?

Quang Viet Enterprise Co TPE:4438 -0.81% 73 Days Payable is 24.46 as of Dec. 2025, which is 18% above its 10-year median of 20.68. GuruFocus rates TPE:4438 with a GF Score™ of 73/100 and a GF Value™ of NT$118.92 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Quang Viet Enterprise Co ranks worse than 75.47% on this metric.

Quang Viet Enterprise Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,127 Mil. Quang Viet Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$4,205 Mil. Hence, Quang Viet Enterprise Co's Days Payable for the three months ended in Dec. 2025 was 24.46.

The historical rank and industry rank for Quang Viet Enterprise Co's Days Payable or its related term are showing as below:

TPE:4438' s Days Payable Range Over the Past 10 Years
Min: 15.99   Med: 20.68   Max: 29.52
Current: 29.52

During the past 13 years, Quang Viet Enterprise Co's highest Days Payable was 29.52. The lowest was 15.99. And the median was 20.68.

TPE:4438's Days Payable is ranked worse than
75.47% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.22 vs TPE:4438: 29.52

Quang Viet Enterprise Co's Days Payable declined from Dec. 2024 (30.00) to Dec. 2025 (24.46). It may suggest that Quang Viet Enterprise Co accelerated paying its suppliers.


Quang Viet Enterprise Co Days Payable Historical Data

* Premium members only.

The historical data trend for Quang Viet Enterprise 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.

Quang Viet Enterprise Co Days Payable Chart

Quang Viet Enterprise 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 25.33 19.62 21.58 23.57 26.17

Quang Viet Enterprise 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 30.00 59.29 38.88 17.26 24.46

TPE:4438 vs RL, LEVI, VFC: Days Payable Comparison

For the Apparel Manufacturing subindustry, Quang Viet 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.


Quang Viet Enterprise Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Quang Viet Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Quang Viet Enterprise Co's Days Payable falls into.


TPE:4438
73GF Score
Quang Viet Enterprise Co Ltd TPE:4438
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quang Viet Enterprise 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.

Quang Viet Enterprise 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
=( (1154.149 + 1263.293) / 2 ) / 16857.055*365
=1208.721 / 16857.055*365
=26.17

Quang Viet Enterprise 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
=( (990.527 + 1263.293) / 2 ) / 4204.729*365 / 4
=1126.91 / 4204.729*365 / 4
=24.46

* 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 24.46 mean?
Quang Viet Enterprise Co (TPE:4438) has a Days Payable of 24.46 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 Quang Viet Enterprise Co and its competitors. This is 18% above median its historical median of 20.68. Over the past decade, Quang Viet Enterprise Co's Days Payable has ranged from 15.99 to 29.52. According to the industry distribution chart, Quang Viet Enterprise Co ranks #766 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.5%.
Is Quang Viet Enterprise Co's Days Payable too high?
Quang Viet Enterprise Co's current Days Payable of 24.46 is 18% above median its 10-year median of 20.68. Over the past 10 years, this metric has ranged from a low of 15.99 to a high of 29.52. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.22. Quang Viet Enterprise Co's value of 24.46 is 54.9% below this industry median. Based on the distribution chart, Quang Viet Enterprise Co ranks #766 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Quang Viet Enterprise Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Viet Enterprise Co's Days Payable compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Quang Viet Enterprise Co ranks #766 out of 1015 companies for Days Payable. This places Quang Viet Enterprise Co in the lower half of its industry. The industry median Days Payable is 54.22. Quang Viet Enterprise Co's value of 24.46 is 54.9% below this benchmark. Historically, Quang Viet Enterprise Co's own Days Payable has ranged from 15.99 to 29.52 over the past decade. While the company's 10-year median is 20.68 vs. the industry median of 54.22, Quang Viet 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.22, based on 1,015 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. Quang Viet Enterprise Co's current Days Payable of 24.46 is 54.9% 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 Quang Viet Enterprise Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quang Viet Enterprise Co's current Days Payable is 24.46, which is 18% above median its own 10-year median of 20.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Viet Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Quang Viet Enterprise Co (TPE:4438) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$118.92, compared to a current price of NT$61.00 — trading 48.7% below its estimated fair value. The current Days Payable is 24.46, which is 18% above median its 10-year median of 20.68 and 54.9% below the Manufacturing - Apparel & Accessories industry median of 54.22. Quang Viet Enterprise Co's overall GF Score™ is 73/100 with 5 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 Quang Viet Enterprise Co (TPE:4438), the current Days Payable is 24.46 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 Quang Viet Enterprise Co (TPE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Viet Enterprise Co stock appears to be undervalued. The current stock price of NT$61.00 is trading 48.7% below its estimated GF Value™ of NT$118.92. GuruFocus considers Quang Viet Enterprise Co to be Significantly Undervalued.

Key valuation signals for TPE:4438:

  • Days Payable: 24.46 (18% above median its 10-year median of 20.68)
  • GF Value™: NT$118.92 vs. price of NT$61.00 (48.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 54.9% below the Manufacturing - Apparel & Accessories median (#766 of 1015)

No single metric tells the full story. See the TPE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quang Viet Enterprise Co Business Description

Address No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Quang Viet Enterprise Co Ltd is mainly engaged in the manufacturing, processing, and sale of garments, raw materials such as feather and down, and medical products. Its products include Down Jackets, Fiberfill Jackets, Light Jackets and Parka, Knitwear, and others. The Group operates through three reportable segments: Garment Business, which generates the maximum revenue, Down Feather Business, and Medical Business. The Company operates in North America, which generates the maximum revenue, Mainland China, Europe, Japan, and other regions.
73GF Score

Get the complete analysis for TPE:4438

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

NT$61.00
Price
NT$118.92
GF Value