Song Chuan Precision Co (TPE:7788) Days Payable: 59.86 (As of Dec. 2025) — 21% Below Median


TPE:7788 Song Chuan Precision Co Ltd TPE:7788
18 GF Score
Price NT$246.50
! 3 Warning Signs
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What is Song Chuan Precision Co Days Payable?

Song Chuan Precision Co TPE:7788 -0.80% 18 Days Payable is 59.86 as of Dec. 2025, which is 21% below its 10-year median of 76.05. GuruFocus rates TPE:7788 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 2,987 Industrial Products companies, Song Chuan Precision Co ranks worse than 57.75% on this metric.

Song Chuan Precision Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$810 Mil. Song Chuan Precision Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,235 Mil. Hence, Song Chuan Precision Co's Days Payable for the three months ended in Dec. 2025 was 59.86.

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

TPE:7788' s Days Payable Range Over the Past 10 Years
Min: 64.63   Med: 76.05   Max: 177.14
Current: 64.63

During the past 6 years, Song Chuan Precision Co's highest Days Payable was 177.14. The lowest was 64.63. And the median was 76.05.

TPE:7788's Days Payable is ranked worse than
57.75% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs TPE:7788: 64.63

Song Chuan Precision Co's Days Payable declined from Dec. 2024 (70.86) to Dec. 2025 (59.86). It may suggest that Song Chuan Precision Co accelerated paying its suppliers.


Song Chuan Precision Co Days Payable Historical Data

* Premium members only.

The historical data trend for Song Chuan Precision 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.

Song Chuan Precision Co Days Payable Chart

Song Chuan Precision Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 177.14 135.12 76.05 67.98 68.00

Song Chuan Precision Co Quarterly Data
Dec20 Dec21 Dec22 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 70.86 69.60 63.47 62.47 59.86

TPE:7788 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Song Chuan Precision 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.


Song Chuan Precision Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Song Chuan Precision Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Song Chuan Precision Co's Days Payable falls into.


TPE:7788
18GF Score
Song Chuan Precision Co Ltd TPE:7788
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Song Chuan Precision 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.

Song Chuan Precision 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
=( (903.703 + 844.909) / 2 ) / 4693.168*365
=874.306 / 4693.168*365
=68.00

Song Chuan Precision 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
=( (775.319 + 844.909) / 2 ) / 1234.932*365 / 4
=810.114 / 1234.932*365 / 4
=59.86

* 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 59.86 mean?
Song Chuan Precision Co (TPE:7788) has a Days Payable of 59.86 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 Song Chuan Precision Co and its competitors. This is 21% below median its historical median of 76.05. Over the past decade, Song Chuan Precision Co's Days Payable has ranged from 64.63 to 177.14. According to the industry distribution chart, Song Chuan Precision Co ranks #1725 out of 2987 companies in the Industrial Products industry, placing it in the top 57.8%.
Is Song Chuan Precision Co's Days Payable too high?
Song Chuan Precision Co's current Days Payable of 59.86 is 21% below median its 10-year median of 76.05. Over the past 10 years, this metric has ranged from a low of 64.63 to a high of 177.14. The Industrial Products industry median Days Payable is 78.05. Song Chuan Precision Co's value of 59.86 is 23.3% below this industry median. Based on the distribution chart, Song Chuan Precision Co ranks #1725 out of 2987 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Song Chuan Precision Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Song Chuan Precision Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Song Chuan Precision Co ranks #1725 out of 2987 companies for Days Payable. This places Song Chuan Precision Co in the lower half of its industry. The industry median Days Payable is 78.05. Song Chuan Precision Co's value of 59.86 is 23.3% below this benchmark. Historically, Song Chuan Precision Co's own Days Payable has ranged from 64.63 to 177.14 over the past decade. While the company's 10-year median is 76.05 vs. the industry median of 78.05, Song Chuan Precision 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. Song Chuan Precision Co's current Days Payable of 59.86 is 23.3% 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 Song Chuan Precision Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Chuan Precision Co's current Days Payable is 59.86, which is 21% below median its own 10-year median of 76.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Chuan Precision Co stock overvalued right now?
Song Chuan Precision Co (TPE:7788) has a current Days Payable of 59.86. The current Days Payable is 59.86, which is 21% below median its 10-year median of 76.05 and 23.3% below the Industrial Products industry median of 78.05. Song Chuan Precision Co's overall GF Score™ is 18/100 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 Song Chuan Precision Co (TPE:7788), the current Days Payable is 59.86 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.

Song Chuan Precision Co Business Description

Address No.377, Jhonghua Road, Shulin District, New Taipei City, Taipei, TWN, 238
Song Chuan Precision Co Ltd is engaged in the research and development, manufacturing, processing, and sales of electronic components such as relays and capacitors. Its product range includes PCB and plug-in automotive relays, PCB miniature power relays, Industrial and general purpose relays, and Safety relays. Its products are used in various applications such as home appliances, automotives, IT products, other applications. The company's segment includes Song Chung, Xiamen, America, Shanghai, and Other segment.
18GF Score

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NT$246.50
Price