Sunshine Homes Development JSC (HSTC:SSH) Days Payable: 49.62 (As of Mar. 2026) — 76% Below Median


HSTC:SSH Sunshine Homes Development JSC HSTC:SSH
51 GF Score
Price ₫61,700.00
GF Value ₫28,785.53
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sunshine Homes Development JSC Days Payable?

Sunshine Homes Development JSC HSTC:SSH 51 Days Payable is 49.62 as of Mar. 2026, which is 76% below its 10-year median of 210.87. GuruFocus rates HSTC:SSH with a GF Score™ of 51/100 and a GF Value™ of ₫28,785.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,573 Real Estate companies, Sunshine Homes Development JSC ranks better than 84.55% on this metric.

Sunshine Homes Development JSC's average Accounts Payable for the three months ended in Mar. 2026 was ₫87,935 Mil. Sunshine Homes Development JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was ₫161,723 Mil. Hence, Sunshine Homes Development JSC's Days Payable for the three months ended in Mar. 2026 was 49.62.

The historical rank and industry rank for Sunshine Homes Development JSC's Days Payable or its related term are showing as below:

HSTC:SSH' s Days Payable Range Over the Past 10 Years
Min: 94.03   Med: 210.87   Max: 435.77
Current: 435.77

During the past 5 years, Sunshine Homes Development JSC's highest Days Payable was 435.77. The lowest was 94.03. And the median was 210.87.

HSTC:SSH's Days Payable is ranked better than
84.55% of 1573 companies
in the Real Estate industry
Industry Median: 94.03 vs HSTC:SSH: 435.77

Sunshine Homes Development JSC's Days Payable declined from Mar. 2025 (530.73) to Mar. 2026 (49.62). It may suggest that Sunshine Homes Development JSC accelerated paying its suppliers.


Sunshine Homes Development JSC Days Payable Historical Data

* Premium members only.

The historical data trend for Sunshine Homes Development JSC'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.

Sunshine Homes Development JSC Days Payable Chart

Sunshine Homes Development JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
210.87 359.10 175.80 94.03 313.60

Sunshine Homes Development JSC 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 530.73 467.12 1,045.15 1,575.26 49.62

Sunshine Homes Development JSC Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Sunshine Homes Development JSC'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.


Sunshine Homes Development JSC Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine Homes Development JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunshine Homes Development JSC's Days Payable falls into.


HSTC:SSH
51GF Score
Sunshine Homes Development JSC HSTC:SSH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunshine Homes Development JSC 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.

Sunshine Homes Development JSC'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
=( (485004.491 + 72100.898) / 2 ) / 324210.928*365
=278552.6945 / 324210.928*365
=313.60

Sunshine Homes Development JSC'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
=( (72100.898 + 103769.268) / 2 ) / 161723.372*365 / 4
=87935.083 / 161723.372*365 / 4
=49.62

* 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 49.62 mean?
Sunshine Homes Development JSC (HSTC:SSH) has a Days Payable of 49.62 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 Sunshine Homes Development JSC and its competitors. This is 76% below median its historical median of 210.87. Over the past decade, Sunshine Homes Development JSC's Days Payable has ranged from 94.03 to 435.77. According to the industry distribution chart, Sunshine Homes Development JSC ranks #243 out of 1573 companies in the Real Estate industry, placing it in the top 15.4%.
Is Sunshine Homes Development JSC's Days Payable too high?
Sunshine Homes Development JSC's current Days Payable of 49.62 is 76% below median its 10-year median of 210.87. Over the past 10 years, this metric has ranged from a low of 94.03 to a high of 435.77. The Real Estate industry median Days Payable is 94.03. Sunshine Homes Development JSC's value of 49.62 is 47.2% below this industry median. Based on the distribution chart, Sunshine Homes Development JSC ranks #243 out of 1573 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Sunshine Homes Development JSC has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunshine Homes Development JSC's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Sunshine Homes Development JSC ranks #243 out of 1573 companies for Days Payable. This places Sunshine Homes Development JSC in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 94.03. Sunshine Homes Development JSC's value of 49.62 is 47.2% below this benchmark. Historically, Sunshine Homes Development JSC's own Days Payable has ranged from 94.03 to 435.77 over the past decade. While the company's 10-year median is 210.87 vs. the industry median of 94.03, Sunshine Homes Development JSC 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.03, based on 1,573 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. Sunshine Homes Development JSC's current Days Payable of 49.62 is 47.2% 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 Sunshine Homes Development JSC and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunshine Homes Development JSC's current Days Payable is 49.62, which is 76% below median its own 10-year median of 210.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Homes Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Sunshine Homes Development JSC (HSTC:SSH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫28,785.53, compared to a current price of ₫61,700.00 — trading 114.3% above its estimated fair value. The current Days Payable is 49.62, which is 76% below median its 10-year median of 210.87 and 47.2% below the Real Estate industry median of 94.03. Sunshine Homes Development JSC's overall GF Score™ is 51/100 with 3 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 Sunshine Homes Development JSC (HSTC:SSH), the current Days Payable is 49.62 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 Sunshine Homes Development JSC (HSTC:SSH) Overvalued in 2026?

Based on GuruFocus' analysis, Sunshine Homes Development JSC stock appears to be overvalued. The current stock price of ₫61,700.00 is trading 114.3% above its estimated GF Value™ of ₫28,785.53. GuruFocus considers Sunshine Homes Development JSC to be Significantly Overvalued.

Key valuation signals for HSTC:SSH:

  • Days Payable: 49.62 (76% below median its 10-year median of 210.87)
  • GF Value™: ₫28,785.53 vs. price of ₫61,700.00 (114.3% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 47.2% below the Real Estate median (#243 of 1573)

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


Sunshine Homes Development JSC Business Description

Address 9th Floor, Sunshine Center building, 16 Pham Hung Street, My Dinh 2 Ward, Nam Tu Liem District, Hanoi City, VNM
Sunshine Homes Development JSC is engaged in the development and trading of real estate projects, motor vehicle rental, and management consultancy activities. The Company also conducts real estate business, including land use rights owned, used or leased, finishing of construction works, construction of residential and non-residential buildings, and real estate consultancy, brokerage, and management services. Its projects include Sunshine Marina Mui Ne - Hilltop Hotels & Resorts in Mui Ne Ward, Lam Dong Province; Sunshine Golf & Resort Lang Co in Lang Co, Hue; Noble Palace Tay Thang Long in O Dien, Hanoi City; Noble Palace Garden in Dan Phuong, Hanoi City; Noble Crystal Tay Ho WorldHotels Residence in Phu Thuong Ward, Hanoi City; and Noble Palace Tay Ho in Phu Thuong Ward, Hanoi City.
51GF Score

Get the complete analysis for HSTC:SSH

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

₫61,700.00
Price
₫28,785.53
GF Value