Choice DevelopmentTPE:9929 +0.90%74 Days Payable is 27.50 as of Dec. 2025, which is 26% below its 10-year median of 37.23. GuruFocus rates TPE:9929 with a GF Score™ of 74/100 and a GF Value™ of NT$14.50 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 940 Business Services companies, Choice Development ranks worse than 67.77% on this metric.
The historical rank and industry rank for Choice Development's Days Payable or its related term are showing as below:
TPE:9929'
s Days Payable Range Over the Past 10 Years
Min: 26.47 Med: 37.23 Max: 53.61
Current: 26.95
During the past 13 years, Choice Development's highest Days Payable was 53.61. The lowest was 26.47. And the median was 37.23.
TPE:9929's Days Payable is ranked worse than 67.77% of 940
companies
in the Business Services industry
Industry Median: 46.88
vs TPE:9929: 26.95
Choice Development's Days Payable
increased
from Dec. 2024 (26.01) to Dec. 2025 (27.50).
It may suggest that Choice Developmentdelayed paying its suppliers.
Choice Development Days Payable Related Terms
Choice Development Days Payable Historical Data
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The historical data trend for Choice Development'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:9929 vs CTAS, CPRT, ULS: Days Payable Comparison
For the Specialty Business Services subindustry, Choice Development'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.
Choice Development Days Payable vs Business Services Industry
For the Business Services industry and Industrials sector, Choice Development's Days Payable distribution charts can be found below:
* The bar in red indicates where Choice Development'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.
Choice Development'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.
Choice Development (TPE:9929) has a Days Payable of 27.50 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 Choice Development and its competitors. This is 26% below median its historical median of 37.23. Over the past decade, Choice Development's Days Payable has ranged from 26.47 to 53.61. According to the industry distribution chart, Choice Development ranks #637 out of 940 companies in the Business Services industry, placing it in the top 67.8%.
Is Choice Development's Days Payable too high?
Choice Development's current Days Payable of 27.50 is 26% below median its 10-year median of 37.23. Over the past 10 years, this metric has ranged from a low of 26.47 to a high of 53.61. The Business Services industry median Days Payable is 46.88. Choice Development's value of 27.50 is 41.3% below this industry median. Based on the distribution chart, Choice Development ranks #637 out of 940 companies in the Business Services industry, which is below the industry midpoint. Overall, Choice Development has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choice Development's Days Payable compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Choice Development ranks #637 out of 940 companies for Days Payable. This places Choice Development in the lower half of its industry. The industry median Days Payable is 46.88. Choice Development's value of 27.50 is 41.3% below this benchmark. Historically, Choice Development's own Days Payable has ranged from 26.47 to 53.61 over the past decade. While the company's 10-year median is 37.23 vs. the industry median of 46.88, Choice Development 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 46.88, based on 940 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. Choice Development's current Days Payable of 27.50 is 41.3% 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 Choice Development and its competitors. For the Business Services industry, the median Days Payable is 46.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choice Development's current Days Payable is 27.50, which is 26% below median its own 10-year median of 37.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice Development stock overvalued right now?
Based on GuruFocus' analysis, Choice Development (TPE:9929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.50, compared to a current price of NT$11.20 — trading 22.8% below its estimated fair value. The current Days Payable is 27.50, which is 26% below median its 10-year median of 37.23 and 41.3% below the Business Services industry median of 46.88. Choice Development's overall GF Score™ is 74/100 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 Choice Development (TPE:9929), the current Days Payable is 27.50 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 Choice Development (TPE:9929) Overvalued in 2026?
Based on GuruFocus' analysis, Choice Development stock appears to be undervalued.
The current stock price of NT$11.20 is trading 22.8% below its estimated GF Value™ of NT$14.50.
GuruFocus considers Choice Development to be Modestly Undervalued.
Key valuation signals for TPE:9929:
Days Payable: 27.50 (26% below median its 10-year median of 37.23)
GF Value™: NT$14.50 vs. price of NT$11.20 (22.8% below fair value)
Industry Position: 41.3% below the Business Services median (#637 of 940)
No single metric tells the full story. See the TPE:9929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choice Development Inc is engaged in printing, packaging material production, photography, plate making, binding, planning and design, and medical equipment retailing. The company's operating segments are the Printing, Advertising, Innovation, and Development. The majority of its revenue is generated from the Printing department.
74GF Score
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