Globe Union Industrial (TPE:9934) Days Payable: 42.50 (As of Dec. 2025) — 30% Below Median


TPE:9934 Globe Union Industrial Corp TPE:9934
75 GF Score
Price NT$10.10
GF Value NT$11.70
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Globe Union Industrial Days Payable?

Globe Union Industrial TPE:9934 +1.41% 75 Days Payable is 42.50 as of Dec. 2025, which is 30% below its 10-year median of 60.83. GuruFocus rates TPE:9934 with a GF Score™ of 75/100 and a GF Value™ of NT$11.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,710 Construction companies, Globe Union Industrial ranks worse than 75.79% on this metric.

Globe Union Industrial's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,375 Mil. Globe Union Industrial's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,952 Mil. Hence, Globe Union Industrial's Days Payable for the three months ended in Dec. 2025 was 42.50.

The historical rank and industry rank for Globe Union Industrial's Days Payable or its related term are showing as below:

TPE:9934' s Days Payable Range Over the Past 10 Years
Min: 44.74   Med: 60.83   Max: 70.75
Current: 44.74

During the past 13 years, Globe Union Industrial's highest Days Payable was 70.75. The lowest was 44.74. And the median was 60.83.

TPE:9934's Days Payable is ranked worse than
75.79% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs TPE:9934: 44.74

Globe Union Industrial's Days Payable declined from Dec. 2024 (49.03) to Dec. 2025 (42.50). It may suggest that Globe Union Industrial accelerated paying its suppliers.


Globe Union Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for Globe Union Industrial'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.

Globe Union Industrial Days Payable Chart

Globe Union Industrial 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 60.65 48.66 49.43 46.03 45.43

Globe Union Industrial 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 49.03 44.82 45.67 45.41 42.50

TPE:9934 vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Globe Union Industrial'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.


Globe Union Industrial Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Globe Union Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Globe Union Industrial's Days Payable falls into.


TPE:9934
75GF Score
Globe Union Industrial Corp TPE:9934
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Globe Union Industrial 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.

Globe Union Industrial'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
=( (1472.969 + 1377.699) / 2 ) / 11452.425*365
=1425.334 / 11452.425*365
=45.43

Globe Union Industrial'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
=( (1372.61 + 1377.699) / 2 ) / 2952.191*365 / 4
=1375.1545 / 2952.191*365 / 4
=42.50

* 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 42.50 mean?
Globe Union Industrial (TPE:9934) has a Days Payable of 42.50 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 Globe Union Industrial and its competitors. This is 30% below median its historical median of 60.83. Over the past decade, Globe Union Industrial's Days Payable has ranged from 44.74 to 70.75. According to the industry distribution chart, Globe Union Industrial ranks #1296 out of 1710 companies in the Construction industry, placing it in the top 75.8%.
Is Globe Union Industrial's Days Payable too high?
Globe Union Industrial's current Days Payable of 42.50 is 30% below median its 10-year median of 60.83. Over the past 10 years, this metric has ranged from a low of 44.74 to a high of 70.75. The Construction industry median Days Payable is 76.79. Globe Union Industrial's value of 42.50 is 44.7% below this industry median. Based on the distribution chart, Globe Union Industrial ranks #1296 out of 1710 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Globe Union Industrial has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Globe Union Industrial ranks #1296 out of 1710 companies for Days Payable. This places Globe Union Industrial in the lower half of its industry. The industry median Days Payable is 76.79. Globe Union Industrial's value of 42.50 is 44.7% below this benchmark. Historically, Globe Union Industrial's own Days Payable has ranged from 44.74 to 70.75 over the past decade. While the company's 10-year median is 60.83 vs. the industry median of 76.79, Globe Union Industrial 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 Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 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. Globe Union Industrial's current Days Payable of 42.50 is 44.7% 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 Globe Union Industrial and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Union Industrial's current Days Payable is 42.50, which is 30% below median its own 10-year median of 60.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$11.70, compared to a current price of NT$10.10 — trading 13.7% below its estimated fair value. The current Days Payable is 42.50, which is 30% below median its 10-year median of 60.83 and 44.7% below the Construction industry median of 76.79. Globe Union Industrial's overall GF Score™ is 75/100 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 Globe Union Industrial (TPE:9934), the current Days Payable is 42.50 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued. The current stock price of NT$10.10 is trading 13.7% below its estimated GF Value™ of NT$11.70. GuruFocus considers Globe Union Industrial to be Modestly Undervalued.

Key valuation signals for TPE:9934:

  • Days Payable: 42.50 (30% below median its 10-year median of 60.83)
  • GF Value™: NT$11.70 vs. price of NT$10.10 (13.7% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 44.7% below the Construction median (#1296 of 1710)

No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Union Industrial Business Description

Address No.22, Chien-Kuo Road, Tanzi District, Taichung, TWN
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
75GF Score

Get the complete analysis for TPE:9934

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

NT$10.10
Price
NT$11.70
GF Value