Lucky Cement Co (TPE:1108) Days Payable: 19.98 (As of Dec. 2025) — Near Median


TPE:1108 Lucky Cement Co TPE:1108
76 GF Score
Price NT$13.70
GF Value NT$13.99
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Lucky Cement Co Days Payable?

Lucky Cement Co TPE:1108 -0.36% 76 Days Payable is 19.98 as of Dec. 2025, which is 7% below its 10-year median of 21.43. GuruFocus rates TPE:1108 with a GF Score™ of 76/100 and a GF Value™ of NT$13.99 (Fairly Valued). The stock has 2 warning signs investors should review. Among 395 Building Materials companies, Lucky Cement Co ranks worse than 93.42% on this metric.

Lucky Cement Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$194 Mil. Lucky Cement Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$884 Mil. Hence, Lucky Cement Co's Days Payable for the three months ended in Dec. 2025 was 19.98.

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

TPE:1108' s Days Payable Range Over the Past 10 Years
Min: 15.85   Med: 21.43   Max: 25.16
Current: 22.25

During the past 13 years, Lucky Cement Co's highest Days Payable was 25.16. The lowest was 15.85. And the median was 21.43.

TPE:1108's Days Payable is ranked worse than
93.42% of 395 companies
in the Building Materials industry
Industry Median: 69.75 vs TPE:1108: 22.25

Lucky Cement Co's Days Payable increased from Dec. 2024 (18.06) to Dec. 2025 (19.98). It may suggest that Lucky Cement Co delayed paying its suppliers.


Lucky Cement Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lucky Cement 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.

Lucky Cement Co Days Payable Chart

Lucky Cement 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 22.03 21.47 20.70 21.39 22.56

Lucky Cement Co 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 18.06 24.43 24.27 19.60 19.98

TPE:1108 vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Lucky Cement 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.


Lucky Cement Co Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lucky Cement Co's Days Payable distribution charts can be found below:

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


TPE:1108
76GF Score
Lucky Cement Co TPE:1108
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lucky Cement 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.

Lucky Cement 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
=( (230.178 + 214.72) / 2 ) / 3599.426*365
=222.449 / 3599.426*365
=22.56

Lucky Cement Co'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
=( (172.53 + 214.72) / 2 ) / 884.423*365 / 4
=193.625 / 884.423*365 / 4
=19.98

* 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 19.98 mean?
Lucky Cement Co (TPE:1108) has a Days Payable of 19.98 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 Lucky Cement Co and its competitors. This is near median its historical median of 21.43. Over the past decade, Lucky Cement Co's Days Payable has ranged from 15.85 to 25.16. According to the industry distribution chart, Lucky Cement Co ranks #369 out of 395 companies in the Building Materials industry, placing it in the top 93.4%.
Is Lucky Cement Co's Days Payable too high?
Lucky Cement Co's current Days Payable of 19.98 is near median its 10-year median of 21.43. Over the past 10 years, this metric has ranged from a low of 15.85 to a high of 25.16. The Building Materials industry median Days Payable is 69.75. Lucky Cement Co's value of 19.98 is 71.4% below this industry median. Based on the distribution chart, Lucky Cement Co ranks #369 out of 395 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Lucky Cement Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lucky Cement Co's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Lucky Cement Co ranks #369 out of 395 companies for Days Payable. This places Lucky Cement Co in the lower half of its industry. The industry median Days Payable is 69.75. Lucky Cement Co's value of 19.98 is 71.4% below this benchmark. Historically, Lucky Cement Co's own Days Payable has ranged from 15.85 to 25.16 over the past decade. While the company's 10-year median is 21.43 vs. the industry median of 69.75, Lucky Cement 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.75, based on 395 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. Lucky Cement Co's current Days Payable of 19.98 is 71.4% 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 Lucky Cement Co and its competitors. For the Building Materials industry, the median Days Payable is 69.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lucky Cement Co's current Days Payable is 19.98, which is near median its own 10-year median of 21.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucky Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Lucky Cement Co (TPE:1108) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.99, compared to a current price of NT$13.70 — trading 2.1% below its estimated fair value. The current Days Payable is 19.98, which is near median its 10-year median of 21.43 and 71.4% below the Building Materials industry median of 69.75. Lucky Cement Co's overall GF Score™ is 76/100 with 2 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 Lucky Cement Co (TPE:1108), the current Days Payable is 19.98 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 Lucky Cement Co (TPE:1108) Overvalued in 2026?

Based on GuruFocus' analysis, Lucky Cement Co stock appears to be undervalued. The current stock price of NT$13.70 is trading 2.1% below its estimated GF Value™ of NT$13.99. GuruFocus considers Lucky Cement Co to be Fairly Valued.

Key valuation signals for TPE:1108:

  • Days Payable: 19.98 (near median its 10-year median of 21.43)
  • GF Value™: NT$13.99 vs. price of NT$13.70 (2.1% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 71.4% below the Building Materials median (#369 of 395)

No single metric tells the full story. See the TPE:1108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lucky Cement Co Business Description

Address No.237, Songjiang Road, 15th Floor, Zhongshan District, Taipei, TWN
Lucky Cement Co is a cement manufacturer and its revenue mainly comes from sales of cement, stone materials, and other cement products. Its products include Portland cement which is suitable for the construction of a Reservoir, Dam, bridge foundation, wharf, harbor, and construction in coast areas, Slag and Ashes. Geographically the activities are carried out in Taiwan.
76GF Score

Get the complete analysis for TPE:1108

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

NT$13.70
Price
NT$13.99
GF Value