Keding Enterprise Co (TPE:6655) Days Payable: 9.18 (As of Dec. 2025) — 49% Below Median


TPE:6655 Keding Enterprise Co Ltd TPE:6655
77 GF Score
Price NT$121.00
GF Value NT$131.18
Valuation Fairly Valued
! 7 Warning Signs
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What is Keding Enterprise Co Days Payable?

Keding Enterprise Co TPE:6655 +0.83% 77 Days Payable is 9.18 as of Dec. 2025, which is 49% below its 10-year median of 17.84. GuruFocus rates TPE:6655 with a GF Score™ of 77/100 and a GF Value™ of NT$131.18 (Fairly Valued). The stock has 7 warning signs investors should review. Among 276 Forest Products companies, Keding Enterprise Co ranks worse than 90.22% on this metric.

Keding Enterprise Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$35 Mil. Keding Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$351 Mil. Hence, Keding Enterprise Co's Days Payable for the three months ended in Dec. 2025 was 9.18.

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

TPE:6655' s Days Payable Range Over the Past 10 Years
Min: 10.97   Med: 17.84   Max: 30.5
Current: 18.29

During the past 12 years, Keding Enterprise Co's highest Days Payable was 30.50. The lowest was 10.97. And the median was 17.84.

TPE:6655's Days Payable is ranked worse than
90.22% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs TPE:6655: 18.29

Keding Enterprise Co's Days Payable declined from Dec. 2024 (23.92) to Dec. 2025 (9.18). It may suggest that Keding Enterprise Co accelerated paying its suppliers.


Keding Enterprise Co Days Payable Historical Data

* Premium members only.

The historical data trend for Keding 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.

Keding Enterprise Co Days Payable Chart

Keding 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 10.97 12.75 15.90 26.25 19.78

Keding 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 23.92 26.20 21.29 17.30 9.18

TPE:6655 vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Keding 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.


Keding Enterprise Co Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Keding Enterprise Co's Days Payable distribution charts can be found below:

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


TPE:6655
77GF Score
Keding Enterprise Co Ltd TPE:6655
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Keding 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.

Keding 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
=( (105.578 + 35.572) / 2 ) / 1302.634*365
=70.575 / 1302.634*365
=19.78

Keding 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
=( (35.113 + 35.572) / 2 ) / 351.247*365 / 4
=35.3425 / 351.247*365 / 4
=9.18

* 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 9.18 mean?
Keding Enterprise Co (TPE:6655) has a Days Payable of 9.18 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 Keding Enterprise Co and its competitors. This is 49% below median its historical median of 17.84. Over the past decade, Keding Enterprise Co's Days Payable has ranged from 10.97 to 30.50. According to the industry distribution chart, Keding Enterprise Co ranks #249 out of 276 companies in the Forest Products industry, placing it in the top 90.2%.
Is Keding Enterprise Co's Days Payable too high?
Keding Enterprise Co's current Days Payable of 9.18 is 49% below median its 10-year median of 17.84. Over the past 10 years, this metric has ranged from a low of 10.97 to a high of 30.50. The Forest Products industry median Days Payable is 57.93. Keding Enterprise Co's value of 9.18 is 84.2% below this industry median. Based on the distribution chart, Keding Enterprise Co ranks #249 out of 276 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Keding Enterprise Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keding Enterprise Co's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Keding Enterprise Co ranks #249 out of 276 companies for Days Payable. This places Keding Enterprise Co in the lower half of its industry. The industry median Days Payable is 57.93. Keding Enterprise Co's value of 9.18 is 84.2% below this benchmark. Historically, Keding Enterprise Co's own Days Payable has ranged from 10.97 to 30.50 over the past decade. While the company's 10-year median is 17.84 vs. the industry median of 57.93, Keding 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Keding Enterprise Co's current Days Payable of 9.18 is 84.2% 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 Keding Enterprise Co and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keding Enterprise Co's current Days Payable is 9.18, which is 49% below median its own 10-year median of 17.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keding Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Keding Enterprise Co (TPE:6655) is currently considered Fairly Valued. The stock's GF Value™ is NT$131.18, compared to a current price of NT$121.00 — trading 7.8% below its estimated fair value. The current Days Payable is 9.18, which is 49% below median its 10-year median of 17.84 and 84.2% below the Forest Products industry median of 57.93. Keding Enterprise Co's overall GF Score™ is 77/100 with 7 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 Keding Enterprise Co (TPE:6655), the current Days Payable is 9.18 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 Keding Enterprise Co (TPE:6655) Overvalued in 2026?

Based on GuruFocus' analysis, Keding Enterprise Co stock appears to be undervalued. The current stock price of NT$121.00 is trading 7.8% below its estimated GF Value™ of NT$131.18. GuruFocus considers Keding Enterprise Co to be Fairly Valued.

Key valuation signals for TPE:6655:

  • Days Payable: 9.18 (49% below median its 10-year median of 17.84)
  • GF Value™: NT$131.18 vs. price of NT$121.00 (7.8% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 84.2% below the Forest Products median (#249 of 276)

No single metric tells the full story. See the TPE:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keding Enterprise Co Business Description

Address Fuhui Road, 15th Floor, No. 268, Xinzhuang District, New Taipei City, TWN, 241
Keding Enterprise Co Ltd is mainly engaged in the manufacture and sale of prefinished veneered panels, eco panels, wooden flooring, and other wooden products. In addition, it is also involved in the wholesale of timber products. The company offers products such as KD panels, KD floorings, ECO panels, ECO laminates, and others.
77GF Score

Get the complete analysis for TPE:6655

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

NT$121.00
Price
NT$131.18
GF Value