Lai Yih Footwear Co (TPE:6890) Days Payable: 28.99 (As of Mar. 2026) — 37% Above Median

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TPE:6890 Lai Yih Footwear Co Ltd TPE:6890
30 GF Score
Price NT$169.00
! 3 Warning Signs
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What is Lai Yih Footwear Co Days Payable?

Lai Yih Footwear Co TPE:6890 -2.59% 30 Days Payable is 28.99 as of Mar. 2026, which is 37% above its 10-year median of 21.10. GuruFocus rates TPE:6890 with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Lai Yih Footwear Co ranks worse than 81.09% on this metric.

Lai Yih Footwear Co's average Accounts Payable for the three months ended in Mar. 2026 was NT$1,986 Mil. Lai Yih Footwear Co's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$6,253 Mil. Hence, Lai Yih Footwear Co's Days Payable for the three months ended in Mar. 2026 was 28.99.

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

TPE:6890' s Days Payable Range Over the Past 10 Years
Min: 16.3   Med: 21.1   Max: 25.45
Current: 23.61

During the past 5 years, Lai Yih Footwear Co's highest Days Payable was 25.45. The lowest was 16.30. And the median was 21.10.

TPE:6890's Days Payable is ranked worse than
81.09% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.04 vs TPE:6890: 23.61

Lai Yih Footwear Co's Days Payable increased from Mar. 2025 (25.57) to Mar. 2026 (28.99). It may suggest that Lai Yih Footwear Co delayed paying its suppliers.


Lai Yih Footwear Co Days Payable Historical Data

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The historical data trend for Lai Yih Footwear 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.

Lai Yih Footwear Co Days Payable Chart

Lai Yih Footwear Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
25.45 16.30 20.83 23.10 21.10

Lai Yih Footwear Co Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 25.57 18.83 25.85 20.50 28.99

TPE:6890 vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, Lai Yih Footwear 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.


Lai Yih Footwear Co Days Payable vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Lai Yih Footwear Co's Days Payable falls into.


TPE:6890
30GF Score
Lai Yih Footwear Co Ltd TPE:6890
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lai Yih Footwear 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.

Lai Yih Footwear 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
=( (2138.523 + 1704.937) / 2 ) / 33248.169*365
=1921.73 / 33248.169*365
=21.10

Lai Yih Footwear Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1704.937 + 2267.654) / 2 ) / 6253.04*365 / 4
=1986.2955 / 6253.04*365 / 4
=28.99

* 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 28.99 mean?
Lai Yih Footwear Co (TPE:6890) has a Days Payable of 28.99 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lai Yih Footwear Co and its competitors. This is 37% above median its historical median of 21.10. Over the past decade, Lai Yih Footwear Co's Days Payable has ranged from 16.30 to 25.45. According to the industry distribution chart, Lai Yih Footwear Co ranks #832 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81.1%.
Is Lai Yih Footwear Co's Days Payable too high?
Lai Yih Footwear Co's current Days Payable of 28.99 is 37% above median its 10-year median of 21.10. Over the past 10 years, this metric has ranged from a low of 16.30 to a high of 25.45. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.04. Lai Yih Footwear Co's value of 28.99 is 45.3% below this industry median. Based on the distribution chart, Lai Yih Footwear Co ranks #832 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Lai Yih Footwear Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Lai Yih Footwear Co's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lai Yih Footwear Co ranks #832 out of 1026 companies for Days Payable. This places Lai Yih Footwear Co in the lower half of its industry. The industry median Days Payable is 53.04. Lai Yih Footwear Co's value of 28.99 is 45.3% below this benchmark. Historically, Lai Yih Footwear Co's own Days Payable has ranged from 16.30 to 25.45 over the past decade. While the company's 10-year median is 21.10 vs. the industry median of 53.04, Lai Yih Footwear 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 53.04, based on 1,026 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. Lai Yih Footwear Co's current Days Payable of 28.99 is 45.3% 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 Lai Yih Footwear Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lai Yih Footwear Co's current Days Payable is 28.99, which is 37% above median its own 10-year median of 21.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Yih Footwear Co stock overvalued right now?
Lai Yih Footwear Co (TPE:6890) has a current Days Payable of 28.99. The current Days Payable is 28.99, which is 37% above median its 10-year median of 21.10 and 45.3% below the Manufacturing - Apparel & Accessories industry median of 53.04. Lai Yih Footwear Co's overall GF Score™ is 30/100 with 3 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 Lai Yih Footwear Co (TPE:6890), the current Days Payable is 28.99 as of Mar. 2026. 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.

Lai Yih Footwear Co Business Description

Address No. 13, Lane 370, Section 4, Yatan Road, Daya district, Taichung, TWN
Lai Yih Footwear Co Ltd specializes in producing various high-end casual shoes, sports shoes, other special function shoes, and other footwear products. It cooperates with many familiar international brands such as Adidas, Converse, Vans, The North Face, and Hoka. The company generates a majority of its revenue from the United States and the rest from China, Germany, Belgium, Indonesia, and other regions.
30GF Score

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NT$169.00
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