Taesung Co (XKRX:323280) Days Payable: 50.82 (As of Jun. 2026) — 11% Below Median

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XKRX:323280 Taesung Co Ltd XKRX:323280
56 GF Score
Price ₩45,450.00
GF Value ₩29,401.36
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Taesung Co Days Payable?

Taesung Co XKRX:323280 +0.22% 56 Days Payable is 50.82 as of Jun. 2026, which is 11% below its 10-year median of 57.33. GuruFocus rates XKRX:323280 with a GF Score™ of 56/100 and a GF Value™ of ₩29,401.36 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,013 Industrial Products companies, Taesung Co ranks worse than 64.69% on this metric.

Taesung Co's average Accounts Payable for the three months ended in Jun. 2026 was ₩13,249 Mil. Taesung Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ₩23,792 Mil. Hence, Taesung Co's Days Payable for the three months ended in Jun. 2026 was 50.82.

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

XKRX:323280' s Days Payable Range Over the Past 10 Years
Min: 44.38   Med: 57.33   Max: 107.05
Current: 56.17

During the past 7 years, Taesung Co's highest Days Payable was 107.05. The lowest was 44.38. And the median was 57.33.

XKRX:323280's Days Payable is ranked worse than
64.69% of 3013 companies
in the Industrial Products industry
Industry Median: 78.58 vs XKRX:323280: 56.17

Taesung Co's Days Payable increased from Jun. 2025 (50.61) to Jun. 2026 (50.82). It may suggest that Taesung Co delayed paying its suppliers.


Taesung Co Days Payable Historical Data

* Premium members only.

The historical data trend for Taesung 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.

Taesung Co Days Payable Chart

Taesung Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 105.60 48.90 56.59 44.08 80.98

Taesung Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 50.61 54.49 72.20 54.04 50.82

XKRX:323280 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Taesung 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.


Taesung Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taesung Co's Days Payable distribution charts can be found below:

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


XKRX:323280
56GF Score
Taesung Co Ltd XKRX:323280
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Taesung 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.

Taesung 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
=( (5583.603718 + 7981.988444) / 2 ) / 30571.069004*365
=6782.796081 / 30571.069004*365
=80.98

Taesung Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (12657.171 + 13841.233272) / 2 ) / 23791.677242*365 / 4
=13249.202136 / 23791.677242*365 / 4
=50.82

* 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 50.82 mean?
Taesung Co (XKRX:323280) has a Days Payable of 50.82 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Taesung Co and its competitors. This is 11% below median its historical median of 57.33. Over the past decade, Taesung Co's Days Payable has ranged from 44.38 to 107.05. According to the industry distribution chart, Taesung Co ranks #1949 out of 3013 companies in the Industrial Products industry, placing it in the top 64.7%.
Is Taesung Co's Days Payable too high?
Taesung Co's current Days Payable of 50.82 is 11% below median its 10-year median of 57.33. Over the past 10 years, this metric has ranged from a low of 44.38 to a high of 107.05. The Industrial Products industry median Days Payable is 78.58. Taesung Co's value of 50.82 is 35.3% below this industry median. Based on the distribution chart, Taesung Co ranks #1949 out of 3013 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Taesung Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taesung Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Taesung Co ranks #1949 out of 3013 companies for Days Payable. This places Taesung Co in the lower half of its industry. The industry median Days Payable is 78.58. Taesung Co's value of 50.82 is 35.3% below this benchmark. Historically, Taesung Co's own Days Payable has ranged from 44.38 to 107.05 over the past decade. While the company's 10-year median is 57.33 vs. the industry median of 78.58, Taesung 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.58, based on 3,013 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. Taesung Co's current Days Payable of 50.82 is 35.3% 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 Taesung Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taesung Co's current Days Payable is 50.82, which is 11% below median its own 10-year median of 57.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taesung Co stock overvalued right now?
Based on GuruFocus' analysis, Taesung Co (XKRX:323280) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩29,401.36, compared to a current price of ₩45,450.00 — trading 54.6% above its estimated fair value. The current Days Payable is 50.82, which is 11% below median its 10-year median of 57.33 and 35.3% below the Industrial Products industry median of 78.58. Taesung Co's overall GF Score™ is 56/100 with 7 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 Taesung Co (XKRX:323280), the current Days Payable is 50.82 as of Jun. 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 Taesung Co (XKRX:323280) Overvalued in 2026?

Based on GuruFocus' analysis, Taesung Co stock appears to be overvalued. The current stock price of ₩45,450.00 is trading 54.6% above its estimated GF Value™ of ₩29,401.36. GuruFocus considers Taesung Co to be Significantly Overvalued.

Key valuation signals for XKRX:323280:

  • Days Payable: 50.82 (11% below median its 10-year median of 57.33)
  • GF Value™: ₩29,401.36 vs. price of ₩45,450.00 (54.6% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 35.3% below the Industrial Products median (#1949 of 3013)

No single metric tells the full story. See the XKRX:323280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taesung Co Business Description

Address 228, Haean-ro, Danwon-gu, Gyeonggi-do, Ansan-si, KOR
Taesung Co Ltd is engaged in the manufacturing of all wet equipment for PCB production, world-class frontal machines, copper powder filters, and ceramic brushes, and supplies them to PCB companies at home and abroad.
56GF Score

Get the complete analysis for XKRX:323280

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

₩45,450.00
Price
₩29,401.36
GF Value