Fulgent Sun International (Holding) Co (TPE:9802) Days Payable: 49.31 (As of Dec. 2025) — Near Median


TPE:9802 Fulgent Sun International (Holding) Co Ltd TPE:9802
81 GF Score
Price NT$74.40
GF Value NT$112.23
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Fulgent Sun International (Holding) Co Days Payable?

Fulgent Sun International (Holding) Co TPE:9802 +2.20% 81 Days Payable is 49.31 as of Dec. 2025, which is 6% below its 10-year median of 52.21. GuruFocus rates TPE:9802 with a GF Score™ of 81/100 and a GF Value™ of NT$112.23 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, Fulgent Sun International (Holding) Co ranks worse than 50.39% on this metric.

Fulgent Sun International (Holding) Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,026 Mil. Fulgent Sun International (Holding) Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$3,749 Mil. Hence, Fulgent Sun International (Holding) Co's Days Payable for the three months ended in Dec. 2025 was 49.31.

The historical rank and industry rank for Fulgent Sun International (Holding) Co's Days Payable or its related term are showing as below:

TPE:9802' s Days Payable Range Over the Past 10 Years
Min: 36.24   Med: 52.21   Max: 62.3
Current: 53.84

During the past 13 years, Fulgent Sun International (Holding) Co's highest Days Payable was 62.30. The lowest was 36.24. And the median was 52.21.

TPE:9802's Days Payable is ranked worse than
50.39% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.045 vs TPE:9802: 53.84

Fulgent Sun International (Holding) Co's Days Payable declined from Dec. 2024 (50.49) to Dec. 2025 (49.31). It may suggest that Fulgent Sun International (Holding) Co accelerated paying its suppliers.


Fulgent Sun International (Holding) Co Days Payable Related Terms


Fulgent Sun International (Holding) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Fulgent Sun International (Holding) 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.

Fulgent Sun International (Holding) Co Days Payable Chart

Fulgent Sun International (Holding) 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 59.86 53.54 56.55 51.58 52.83

Fulgent Sun International (Holding) 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 50.49 67.46 46.34 57.70 49.31

TPE:9802 vs NKE, DECK, ONON: Days Payable Comparison

For the Footwear & Accessories subindustry, Fulgent Sun International (Holding) 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.


Fulgent Sun International (Holding) Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulgent Sun International (Holding) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fulgent Sun International (Holding) Co's Days Payable falls into.


TPE:9802
81GF Score
Fulgent Sun International (Holding) Co Ltd TPE:9802
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fulgent Sun International (Holding) 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.

Fulgent Sun International (Holding) 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
=( (2039.801 + 2051.288) / 2 ) / 14131.404*365
=2045.5445 / 14131.404*365
=52.83

Fulgent Sun International (Holding) 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
=( (2000.488 + 2051.288) / 2 ) / 3749.167*365 / 4
=2025.888 / 3749.167*365 / 4
=49.31

* 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 49.31 mean?
Fulgent Sun International (Holding) Co (TPE:9802) has a Days Payable of 49.31 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 Fulgent Sun International (Holding) Co and its competitors. This is near median its historical median of 52.21. Over the past decade, Fulgent Sun International (Holding) Co's Days Payable has ranged from 36.24 to 62.30. According to the industry distribution chart, Fulgent Sun International (Holding) Co ranks #511 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50.4%.
Is Fulgent Sun International (Holding) Co's Days Payable too high?
Fulgent Sun International (Holding) Co's current Days Payable of 49.31 is near median its 10-year median of 52.21. Over the past 10 years, this metric has ranged from a low of 36.24 to a high of 62.30. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Fulgent Sun International (Holding) Co's value of 49.31 is 8.8% below this industry median. Based on the distribution chart, Fulgent Sun International (Holding) Co ranks #511 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Fulgent Sun International (Holding) Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fulgent Sun International (Holding) Co's Days Payable compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fulgent Sun International (Holding) Co ranks #511 out of 1014 companies for Days Payable. This places Fulgent Sun International (Holding) Co in the lower half of its industry. The industry median Days Payable is 54.05. Fulgent Sun International (Holding) Co's value of 49.31 is 8.8% below this benchmark. Historically, Fulgent Sun International (Holding) Co's own Days Payable has ranged from 36.24 to 62.30 over the past decade. While the company's 10-year median is 52.21 vs. the industry median of 54.05, Fulgent Sun International (Holding) 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 54.05, based on 1,014 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. Fulgent Sun International (Holding) Co's current Days Payable of 49.31 is 8.8% 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 Fulgent Sun International (Holding) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulgent Sun International (Holding) Co's current Days Payable is 49.31, which is near median its own 10-year median of 52.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulgent Sun International (Holding) Co stock overvalued right now?
Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co (TPE:9802) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$112.23, compared to a current price of NT$74.40 — trading 33.7% below its estimated fair value. The current Days Payable is 49.31, which is near median its 10-year median of 52.21 and 8.8% below the Manufacturing - Apparel & Accessories industry median of 54.05. Fulgent Sun International (Holding) Co's overall GF Score™ is 81/100 with 6 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 Fulgent Sun International (Holding) Co (TPE:9802), the current Days Payable is 49.31 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 Fulgent Sun International (Holding) Co (TPE:9802) Overvalued in 2026?

Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co stock appears to be undervalued. The current stock price of NT$74.40 is trading 33.7% below its estimated GF Value™ of NT$112.23. GuruFocus considers Fulgent Sun International (Holding) Co to be Significantly Undervalued.

Key valuation signals for TPE:9802:

  • Days Payable: 49.31 (near median its 10-year median of 52.21)
  • GF Value™: NT$112.23 vs. price of NT$74.40 (33.7% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 8.8% below the Manufacturing - Apparel & Accessories median (#511 of 1014)

No single metric tells the full story. See the TPE:9802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulgent Sun International (Holding) Co Business Description

Address No. 76, Section 3, Yunlin Road, Yunlin County, Douliu, TWN
Fulgent Sun International (Holding) Co Ltd is engaged in the business of production and sale of sports and leisure outdoor shoes. Its main business is the manufacturing of professional sports shoes and high-functional outdoor shoes. Its factories are located in China, Vietnam, and Cambodia.
81GF Score

Get the complete analysis for TPE:9802

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

NT$74.40
Price
NT$112.23
GF Value