* 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.
Vietnam Manufacturing and Export Processing (Holdings) Days Payable Chart
Vietnam Manufacturing and Export Processing (Holdings) Annual Data
* 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.
Vietnam Manufacturing and Export Processing (Holdings) Days Payable vs Vehicles & Parts Industry
Vietnam Manufacturing and Export Processing (Holdings) 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.
* 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.
Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) has a Days Payable of 60.76 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors. This is 41% above median its historical median of 43.22. Over the past decade, Vietnam Manufacturing and Export Processing (Holdings)'s Days Payable has ranged from 24.10 to 77.71. According to the industry distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #543 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 41.5%.
Is Vietnam Manufacturing and Export Processing (Holdings)'s Days Payable too high?
Vietnam Manufacturing and Export Processing (Holdings)'s current Days Payable of 60.76 is 41% above median its 10-year median of 43.22. Over the past 10 years, this metric has ranged from a low of 24.10 to a high of 77.71. The Vehicles & Parts industry median Days Payable is 67.02. Vietnam Manufacturing and Export Processing (Holdings)'s value of 60.76 is 9.3% below this industry median. Based on the distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #543 out of 1310 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Vietnam Manufacturing and Export Processing (Holdings) has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Manufacturing and Export Processing (Holdings)'s Days Payable compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #543 out of 1310 companies for Days Payable. This puts Vietnam Manufacturing and Export Processing (Holdings) in the upper half of its industry. The industry median Days Payable is 67.02. Vietnam Manufacturing and Export Processing (Holdings)'s value of 60.76 is 9.3% below this benchmark. Historically, Vietnam Manufacturing and Export Processing (Holdings)'s own Days Payable has ranged from 24.10 to 77.71 over the past decade. While the company's 10-year median is 43.22 vs. the industry median of 67.02, Vietnam Manufacturing and Export Processing (Holdings) 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Vietnam Manufacturing and Export Processing (Holdings)'s current Days Payable of 60.76 is 9.3% 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Manufacturing and Export Processing (Holdings)'s current Days Payable is 60.76, which is 41% above median its own 10-year median of 43.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Manufacturing and Export Processing (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$5.25, compared to a current price of NT$3.20 — trading 39% below its estimated fair value. The current Days Payable is 60.76, which is 41% above median its 10-year median of 43.22 and 9.3% below the Vehicles & Parts industry median of 67.02. Vietnam Manufacturing and Export Processing (Holdings)'s overall GF Score™ is 54/100 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110), the current Days Payable is 60.76 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.
Is Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) stock appears to be undervalued.
The current stock price of NT$3.20 is trading 39% below its estimated GF Value™ of NT$5.25.
GuruFocus considers Vietnam Manufacturing and Export Processing (Holdings) to be Significantly Undervalued.
Key valuation signals for TPE:9110:
Days Payable: 60.76 (41% above median its 10-year median of 43.22)
GF Value™: NT$5.25 vs. price of NT$3.20 (39% below fair value)
Industry Position: 9.3% below the Vehicles & Parts median (#543 of 1310)
No single metric tells the full story. See the TPE:9110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam Manufacturing and Export Processing (Holdings) Business Description
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing; and Sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.
54GF Score
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