Taiwan Secom CoTPE:9917 +1.90%89 Days Payable is 24.26 as of Dec. 2025, which is 3% above its 10-year median of 23.50. GuruFocus rates TPE:9917 with a GF Score™ of 89/100 and a GF Value™ of NT$139.46 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 943 Business Services companies, Taiwan Secom Co ranks worse than 72.43% on this metric.
The historical rank and industry rank for Taiwan Secom Co's Days Payable or its related term are showing as below:
TPE:9917'
s Days Payable Range Over the Past 10 Years
Min: 19.76 Med: 23.5 Max: 28.49
Current: 23.36
During the past 13 years, Taiwan Secom Co's highest Days Payable was 28.49. The lowest was 19.76. And the median was 23.50.
TPE:9917's Days Payable is ranked worse than 72.43% of 943
companies
in the Business Services industry
Industry Median: 46.92
vs TPE:9917: 23.36
Taiwan Secom Co's Days Payable
increased
from Dec. 2024 (21.32) to Dec. 2025 (24.26).
It may suggest that Taiwan Secom Codelayed paying its suppliers.
Taiwan Secom Co Days Payable Related Terms
Taiwan Secom Co Days Payable Historical Data
* Premium members only.
The historical data trend for Taiwan Secom 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.
TPE:9917 vs ALLE, MSA, ADT: Days Payable Comparison
For the Security & Protection Services subindustry, Taiwan Secom 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.
Taiwan Secom Co Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Taiwan Secom Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Taiwan Secom Co's Days Payable falls into.
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.
Taiwan Secom Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Taiwan Secom Co (TPE:9917) has a Days Payable of 24.26 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 Taiwan Secom Co and its competitors. This is near median its historical median of 23.50. Over the past decade, Taiwan Secom Co's Days Payable has ranged from 19.76 to 28.49. According to the industry distribution chart, Taiwan Secom Co ranks #683 out of 943 companies in the Business Services industry, placing it in the top 72.4%.
Is Taiwan Secom Co's Days Payable too high?
Taiwan Secom Co's current Days Payable of 24.26 is near median its 10-year median of 23.50. Over the past 10 years, this metric has ranged from a low of 19.76 to a high of 28.49. The Business Services industry median Days Payable is 46.92. Taiwan Secom Co's value of 24.26 is 48.3% below this industry median. Based on the distribution chart, Taiwan Secom Co ranks #683 out of 943 companies in the Business Services industry, which is below the industry midpoint. Overall, Taiwan Secom Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Secom Co's Days Payable compare to ALLE and MSA?
According to the Business Services industry distribution chart, Taiwan Secom Co ranks #683 out of 943 companies for Days Payable. This places Taiwan Secom Co in the lower half of its industry. The industry median Days Payable is 46.92. Taiwan Secom Co's value of 24.26 is 48.3% below this benchmark. Historically, Taiwan Secom Co's own Days Payable has ranged from 19.76 to 28.49 over the past decade. While the company's 10-year median is 23.50 vs. the industry median of 46.92, Taiwan Secom 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 Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 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. Taiwan Secom Co's current Days Payable of 24.26 is 48.3% 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 Taiwan Secom Co and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Secom Co's current Days Payable is 24.26, which is near median its own 10-year median of 23.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Secom Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Secom Co (TPE:9917) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$139.46, compared to a current price of NT$107.00 — trading 23.3% below its estimated fair value. The current Days Payable is 24.26, which is near median its 10-year median of 23.50 and 48.3% below the Business Services industry median of 46.92. Taiwan Secom Co's overall GF Score™ is 89/100 with 5 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 Taiwan Secom Co (TPE:9917), the current Days Payable is 24.26 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 Taiwan Secom Co (TPE:9917) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Secom Co stock appears to be undervalued.
The current stock price of NT$107.00 is trading 23.3% below its estimated GF Value™ of NT$139.46.
GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.
Key valuation signals for TPE:9917:
Days Payable: 24.26 (near median its 10-year median of 23.50)
GF Value™: NT$139.46 vs. price of NT$107.00 (23.3% below fair value)
Industry Position: 48.3% below the Business Services median (#683 of 943)
No single metric tells the full story. See the TPE:9917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Secom Co Ltd is engaged mainly in the security service. Its segments consist of Electronic systems segment engages in security system related service; Security services segment engages in security guarding related service; Cash delivery services engages in cash delivery service; Logistics services segment engages in logistic service; and Catering services segment engages in catering services. It derives the majority of revenue from Electronic systems segment.
89GF Score
Get the complete analysis for TPE:9917
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