Taihan Textile Co (XKRX:001070) Days Payable: 21.48 (As of Mar. 2026) — 52% Above Median

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XKRX:001070 Taihan Textile Co Ltd XKRX:001070
58 GF Score
Price ₩6,050.00
GF Value ₩7,022.61
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Taihan Textile Co Days Payable?

Taihan Textile Co XKRX:001070 -0.82% 58 Days Payable is 21.48 as of Mar. 2026, which is 52% above its 10-year median of 14.10. GuruFocus rates XKRX:001070 with a GF Score™ of 58/100 and a GF Value™ of ₩7,022.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Taihan Textile Co ranks worse than 87.88% on this metric.

Taihan Textile Co's average Accounts Payable for the three months ended in Mar. 2026 was ₩7,407 Mil. Taihan Textile Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₩31,469 Mil. Hence, Taihan Textile Co's Days Payable for the three months ended in Mar. 2026 was 21.48.

The historical rank and industry rank for Taihan Textile Co's Days Payable or its related term are showing as below:

XKRX:001070' s Days Payable Range Over the Past 10 Years
Min: 11.6   Med: 14.1   Max: 20.44
Current: 17.39

During the past 13 years, Taihan Textile Co's highest Days Payable was 20.44. The lowest was 11.60. And the median was 14.10.

XKRX:001070's Days Payable is ranked worse than
87.88% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.68 vs XKRX:001070: 17.39

Taihan Textile Co's Days Payable increased from Mar. 2025 (20.71) to Mar. 2026 (21.48). It may suggest that Taihan Textile Co delayed paying its suppliers.


Taihan Textile Co Days Payable Historical Data

* Premium members only.

The historical data trend for Taihan Textile 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.

Taihan Textile Co Days Payable Chart

Taihan Textile 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 15.32 11.85 11.60 15.88 16.27

Taihan Textile Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 20.71 15.90 16.85 14.91 21.48

Taihan Textile Co Days Payable Competitor Comparison

For the Textile Manufacturing subindustry, Taihan Textile 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.


Taihan Textile Co Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Taihan Textile Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Taihan Textile Co's Days Payable falls into.


XKRX:001070
58GF Score
Taihan Textile Co Ltd XKRX:001070
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Taihan Textile 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.

Taihan Textile 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
=( (6197.201 + 6457.266) / 2 ) / 141908.588*365
=6327.2335 / 141908.588*365
=16.27

Taihan Textile Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (6457.266 + 8356.986) / 2 ) / 31468.831*365 / 4
=7407.126 / 31468.831*365 / 4
=21.48

* 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 21.48 mean?
Taihan Textile Co (XKRX:001070) has a Days Payable of 21.48 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Taihan Textile Co and its competitors. This is 52% above median its historical median of 14.10. Over the past decade, Taihan Textile Co's Days Payable has ranged from 11.60 to 20.44. According to the industry distribution chart, Taihan Textile Co ranks #899 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.9%.
Is Taihan Textile Co's Days Payable too high?
Taihan Textile Co's current Days Payable of 21.48 is 52% above median its 10-year median of 14.10. Over the past 10 years, this metric has ranged from a low of 11.60 to a high of 20.44. The Manufacturing - Apparel & Accessories industry median Days Payable is 53.68. Taihan Textile Co's value of 21.48 is 60% below this industry median. Based on the distribution chart, Taihan Textile Co ranks #899 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Taihan Textile Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taihan Textile Co's Days Payable compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Taihan Textile Co ranks #899 out of 1023 companies for Days Payable. This places Taihan Textile Co in the lower half of its industry. The industry median Days Payable is 53.68. Taihan Textile Co's value of 21.48 is 60% below this benchmark. Historically, Taihan Textile Co's own Days Payable has ranged from 11.60 to 20.44 over the past decade. While the company's 10-year median is 14.10 vs. the industry median of 53.68, Taihan Textile 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 53.68, based on 1,023 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. Taihan Textile Co's current Days Payable of 21.48 is 60% 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 Taihan Textile Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taihan Textile Co's current Days Payable is 21.48, which is 52% above median its own 10-year median of 14.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihan Textile Co stock overvalued right now?
Based on GuruFocus' analysis, Taihan Textile Co (XKRX:001070) is currently considered Modestly Undervalued. The stock's GF Value™ is ₩7,022.61, compared to a current price of ₩6,050.00 — trading 13.8% below its estimated fair value. The current Days Payable is 21.48, which is 52% above median its 10-year median of 14.10 and 60% below the Manufacturing - Apparel & Accessories industry median of 53.68. Taihan Textile Co's overall GF Score™ is 58/100 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 Taihan Textile Co (XKRX:001070), the current Days Payable is 21.48 as of Mar. 2026. 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 Taihan Textile Co (XKRX:001070) Overvalued in 2026?

Based on GuruFocus' analysis, Taihan Textile Co stock appears to be undervalued. The current stock price of ₩6,050.00 is trading 13.8% below its estimated GF Value™ of ₩7,022.61. GuruFocus considers Taihan Textile Co to be Modestly Undervalued.

Key valuation signals for XKRX:001070:

  • Days Payable: 21.48 (52% above median its 10-year median of 14.10)
  • GF Value™: ₩7,022.61 vs. price of ₩6,050.00 (13.8% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 60% below the Manufacturing - Apparel & Accessories median (#899 of 1023)

No single metric tells the full story. See the XKRX:001070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihan Textile Co Business Description

Address 48 Jungnim-ro, Seongjun Building, Jung-gu, Jungnim-dong, Seoul, KOR
Taihan Textile Co Ltd operates in the textile manufacturing industry in South Korea. The company is engaged in the manufacturing and sales of cotton, textiles, and dyeing materials. The products of the company include woven fabrics, yarns, and knit fabrics. Its business divisions are comprised of the Yarn Business Division, which imports and sells cotton yarn, blended yarn, and high-value-added specialty yarn, as well as garment sewing operations. The Textile Business Division dyes and processes fabrics, supplies them to secondary textile manufacturers, and sells dyed and processed fabrics and finished products directly to customers through online channels.
58GF Score

Get the complete analysis for XKRX:001070

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

₩6,050.00
Price
₩7,022.61
GF Value