Global Brands Manufacture (TPE:6191) Days Payable: 71.38 (As of Dec. 2025) — Near Median


TPE:6191 Global Brands Manufacture Ltd TPE:6191
85 GF Score
Price NT$108.00
GF Value NT$97.53
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Global Brands Manufacture Days Payable?

Global Brands Manufacture TPE:6191 -1.82% 85 Days Payable is 71.38 as of Dec. 2025, which is 9% above its 10-year median of 65.60. GuruFocus rates TPE:6191 with a GF Score™ of 85/100 and a GF Value™ of NT$97.53 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,440 Hardware companies, Global Brands Manufacture ranks worse than 54.51% on this metric.

Global Brands Manufacture's average Accounts Payable for the three months ended in Dec. 2025 was NT$6,027 Mil. Global Brands Manufacture's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$7,704 Mil. Hence, Global Brands Manufacture's Days Payable for the three months ended in Dec. 2025 was 71.38.

The historical rank and industry rank for Global Brands Manufacture's Days Payable or its related term are showing as below:

TPE:6191' s Days Payable Range Over the Past 10 Years
Min: 62.36   Med: 65.6   Max: 75.92
Current: 64.4

During the past 13 years, Global Brands Manufacture's highest Days Payable was 75.92. The lowest was 62.36. And the median was 65.60.

TPE:6191's Days Payable is ranked worse than
54.51% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:6191: 64.40

Global Brands Manufacture's Days Payable declined from Dec. 2024 (74.66) to Dec. 2025 (71.38). It may suggest that Global Brands Manufacture accelerated paying its suppliers.


Global Brands Manufacture Days Payable Historical Data

* Premium members only.

The historical data trend for Global Brands Manufacture'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.

Global Brands Manufacture Days Payable Chart

Global Brands Manufacture 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 73.47 73.92 64.77 66.27 62.36

Global Brands Manufacture 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 74.66 71.06 53.72 66.26 71.38

TPE:6191 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Global Brands Manufacture'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.


Global Brands Manufacture Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Global Brands Manufacture's Days Payable distribution charts can be found below:

* The bar in red indicates where Global Brands Manufacture's Days Payable falls into.


TPE:6191
85GF Score
Global Brands Manufacture Ltd TPE:6191
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Brands Manufacture 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.

Global Brands Manufacture'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
=( (2970.66 + 6329.609) / 2 ) / 27218.713*365
=4650.1345 / 27218.713*365
=62.36

Global Brands Manufacture'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
=( (5723.438 + 6329.609) / 2 ) / 7704.049*365 / 4
=6026.5235 / 7704.049*365 / 4
=71.38

* 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 71.38 mean?
Global Brands Manufacture (TPE:6191) has a Days Payable of 71.38 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 Global Brands Manufacture and its competitors. This is near median its historical median of 65.60. Over the past decade, Global Brands Manufacture's Days Payable has ranged from 62.36 to 75.92. According to the industry distribution chart, Global Brands Manufacture ranks #1330 out of 2440 companies in the Hardware industry, placing it in the top 54.5%.
Is Global Brands Manufacture's Days Payable too high?
Global Brands Manufacture's current Days Payable of 71.38 is near median its 10-year median of 65.60. Over the past 10 years, this metric has ranged from a low of 62.36 to a high of 75.92. The Hardware industry median Days Payable is 69.94. Global Brands Manufacture's value of 71.38 is 2.1% above this industry median. Based on the distribution chart, Global Brands Manufacture ranks #1330 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Global Brands Manufacture has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Brands Manufacture's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Global Brands Manufacture ranks #1330 out of 2440 companies for Days Payable. This places Global Brands Manufacture in the lower half of its industry. The industry median Days Payable is 69.94. Global Brands Manufacture's value of 71.38 is 2.1% above this benchmark. Historically, Global Brands Manufacture's own Days Payable has ranged from 62.36 to 75.92 over the past decade. While the company's 10-year median is 65.60 vs. the industry median of 69.94, Global Brands Manufacture 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 Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,440 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. Global Brands Manufacture's current Days Payable of 71.38 is 2.1% 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 Global Brands Manufacture and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Brands Manufacture's current Days Payable is 71.38, which is near median its own 10-year median of 65.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Brands Manufacture stock overvalued right now?
Based on GuruFocus' analysis, Global Brands Manufacture (TPE:6191) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$97.53, compared to a current price of NT$108.00 — trading 10.7% above its estimated fair value. The current Days Payable is 71.38, which is near median its 10-year median of 65.60 and 2.1% above the Hardware industry median of 69.94. Global Brands Manufacture's overall GF Score™ is 85/100 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 Global Brands Manufacture (TPE:6191), the current Days Payable is 71.38 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 Global Brands Manufacture (TPE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, Global Brands Manufacture stock appears to be overvalued. The current stock price of NT$108.00 is trading 10.7% above its estimated GF Value™ of NT$97.53. GuruFocus considers Global Brands Manufacture to be Modestly Overvalued.

Key valuation signals for TPE:6191:

  • Days Payable: 71.38 (near median its 10-year median of 65.60)
  • GF Value™: NT$97.53 vs. price of NT$108.00 (10.7% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 2.1% above the Hardware median (#1330 of 2440)

No single metric tells the full story. See the TPE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Brands Manufacture Business Description

Address No. 48-3, Minquan Road, 4th Floor, Xindian District, New Taipei, TWN, 231023
Global Brands Manufacture Ltd is mainly engaged in the manufacturer specializing in Printed Circuit Boards (PCB) and Electronic Manufacturing Services (EMS). The company serves a diverse range of markets, including information, communication, automobile, and consumer electronics. Its geographical segments are Asia, America, and Europe, of which the majority of its revenue comes from Asia.
85GF Score

Get the complete analysis for TPE:6191

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

NT$108.00
Price
NT$97.53
GF Value