Taiwan AcceptanceTPE:9941 +1.62%63 Days Payable is 16.53 as of Dec. 2025, which is 47% below its 10-year median of 30.99. GuruFocus rates TPE:9941 with a GF Score™ of 63/100 and a GF Value™ of NT$223.44 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 301 Credit Services companies, Taiwan Acceptance ranks worse than 61.79% on this metric.
The historical rank and industry rank for Taiwan Acceptance's Days Payable or its related term are showing as below:
TPE:9941'
s Days Payable Range Over the Past 10 Years
Min: 17.28 Med: 30.99 Max: 48.7
Current: 18.03
During the past 13 years, Taiwan Acceptance's highest Days Payable was 48.70. The lowest was 17.28. And the median was 30.99.
TPE:9941's Days Payable is ranked worse than 61.79% of 301
companies
in the Credit Services industry
Industry Median: 33.87
vs TPE:9941: 18.03
Taiwan Acceptance's Days Payable
declined
from Dec. 2024 (23.25) to Dec. 2025 (16.53).
It may suggest that Taiwan Acceptanceaccelerated paying its suppliers.
Taiwan Acceptance Days Payable Related Terms
Taiwan Acceptance Days Payable Historical Data
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The historical data trend for Taiwan Acceptance'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.
For the Credit Services subindustry, Taiwan Acceptance'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 Acceptance Days Payable vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Taiwan Acceptance's Days Payable distribution charts can be found below:
* The bar in red indicates where Taiwan Acceptance'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 Acceptance'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 Acceptance (TPE:9941) has a Days Payable of 16.53 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 Acceptance and its competitors. This is 47% below median its historical median of 30.99. Over the past decade, Taiwan Acceptance's Days Payable has ranged from 17.28 to 48.70. According to the industry distribution chart, Taiwan Acceptance ranks #186 out of 301 companies in the Credit Services industry, placing it in the top 61.8%.
Is Taiwan Acceptance's Days Payable too high?
Taiwan Acceptance's current Days Payable of 16.53 is 47% below median its 10-year median of 30.99. Over the past 10 years, this metric has ranged from a low of 17.28 to a high of 48.70. The Credit Services industry median Days Payable is 33.87. Taiwan Acceptance's value of 16.53 is 51.2% below this industry median. Based on the distribution chart, Taiwan Acceptance ranks #186 out of 301 companies in the Credit Services industry, which is below the industry midpoint. Overall, Taiwan Acceptance has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Acceptance's Days Payable compare to V and MA?
According to the Credit Services industry distribution chart, Taiwan Acceptance ranks #186 out of 301 companies for Days Payable. This places Taiwan Acceptance in the lower half of its industry. The industry median Days Payable is 33.87. Taiwan Acceptance's value of 16.53 is 51.2% below this benchmark. Historically, Taiwan Acceptance's own Days Payable has ranged from 17.28 to 48.70 over the past decade. While the company's 10-year median is 30.99 vs. the industry median of 33.87, Taiwan Acceptance 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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 Acceptance's current Days Payable of 16.53 is 51.2% 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 Acceptance and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Acceptance's current Days Payable is 16.53, which is 47% below median its own 10-year median of 30.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Acceptance stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Acceptance (TPE:9941) is currently considered Possible Value Trap. The stock's GF Value™ is NT$223.44, compared to a current price of NT$81.30 — trading 63.6% below its estimated fair value. The current Days Payable is 16.53, which is 47% below median its 10-year median of 30.99 and 51.2% below the Credit Services industry median of 33.87. Taiwan Acceptance's overall GF Score™ is 63/100 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 Acceptance (TPE:9941), the current Days Payable is 16.53 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 Acceptance (TPE:9941) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Acceptance stock appears to be undervalued.
The current stock price of NT$81.30 is trading 63.6% below its estimated GF Value™ of NT$223.44.
GuruFocus considers Taiwan Acceptance to be Possible Value Trap.
Key valuation signals for TPE:9941:
Days Payable: 16.53 (47% below median its 10-year median of 30.99)
GF Value™: NT$223.44 vs. price of NT$81.30 (63.6% below fair value)
Industry Position: 51.2% below the Credit Services median (#186 of 301)
No single metric tells the full story. See the TPE:9941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Acceptance Corp mainly focuses on accounts receivable purchasing, installment accounts sales, and the equipment leasing business, which is related to products such as various vehicles, equipment, consumer goods, and power generation business. The Group's reportable segments are: Leasing, which generates the maximum revenue, and Financing. Geographically, it derives maximum revenue from Taiwan, followed by China, and other overseas markets.
63GF Score
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