I-Hwa Indusstrial Co (TPE:1456) Days Payable: 121.40 (As of Jun. 2026) — 255% Above Median

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TPE:1456 I-Hwa Indusstrial Co Ltd TPE:1456
65 GF Score
Price NT$13.45
GF Value NT$10.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is I-Hwa Indusstrial Co Days Payable?

I-Hwa Indusstrial Co TPE:1456 -0.37% 65 Days Payable is 121.40 as of Jun. 2026, which is 255% above its 10-year median of 34.22. GuruFocus rates TPE:1456 with a GF Score™ of 65/100 and a GF Value™ of NT$10.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,570 Real Estate companies, I-Hwa Indusstrial Co ranks worse than 57.13% on this metric.

I-Hwa Indusstrial Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$106.0 Mil. I-Hwa Indusstrial Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$79.7 Mil. Hence, I-Hwa Indusstrial Co's Days Payable for the three months ended in Jun. 2026 was 121.40.

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

TPE:1456' s Days Payable Range Over the Past 10 Years
Min: 0.55   Med: 34.22   Max: 119.71
Current: 72.7

During the past 13 years, I-Hwa Indusstrial Co's highest Days Payable was 119.71. The lowest was 0.55. And the median was 34.22.

TPE:1456's Days Payable is ranked worse than
57.13% of 1570 companies
in the Real Estate industry
Industry Median: 93.815 vs TPE:1456: 72.70

I-Hwa Indusstrial Co's Days Payable increased from Jun. 2025 (17.37) to Jun. 2026 (121.40). It may suggest that I-Hwa Indusstrial Co delayed paying its suppliers.


I-Hwa Indusstrial Co Days Payable Historical Data

* Premium members only.

The historical data trend for I-Hwa Indusstrial 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.

I-Hwa Indusstrial Co Days Payable Chart

I-Hwa Indusstrial 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 0.55 46.86 41.64 95.53 119.71

I-Hwa Indusstrial 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 17.37 42.32 57.62 96.02 121.40

TPE:1456 vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, I-Hwa Indusstrial 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.


I-Hwa Indusstrial Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, I-Hwa Indusstrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where I-Hwa Indusstrial Co's Days Payable falls into.


TPE:1456
65GF Score
I-Hwa Indusstrial Co Ltd TPE:1456
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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I-Hwa Indusstrial 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.

I-Hwa Indusstrial 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
=( (216.475 + 115.517) / 2 ) / 506.119*365
=165.996 / 506.119*365
=119.71

I-Hwa Indusstrial 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
=( (162.412 + 49.61) / 2 ) / 79.686*365 / 4
=106.011 / 79.686*365 / 4
=121.40

* 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 121.40 mean?
I-Hwa Indusstrial Co (TPE:1456) has a Days Payable of 121.40 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 I-Hwa Indusstrial Co and its competitors. This is 255% above median its historical median of 34.22. Over the past decade, I-Hwa Indusstrial Co's Days Payable has ranged from 0.55 to 119.71. According to the industry distribution chart, I-Hwa Indusstrial Co ranks #897 out of 1570 companies in the Real Estate industry, placing it in the top 57.1%.
Is I-Hwa Indusstrial Co's Days Payable too high?
I-Hwa Indusstrial Co's current Days Payable of 121.40 is 255% above median its 10-year median of 34.22. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 119.71. The Real Estate industry median Days Payable is 93.82. I-Hwa Indusstrial Co's value of 121.40 is 29.4% above this industry median. Based on the distribution chart, I-Hwa Indusstrial Co ranks #897 out of 1570 companies in the Real Estate industry, which is below the industry midpoint. Overall, I-Hwa Indusstrial Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does I-Hwa Indusstrial Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, I-Hwa Indusstrial Co ranks #897 out of 1570 companies for Days Payable. This places I-Hwa Indusstrial Co in the lower half of its industry. The industry median Days Payable is 93.82. I-Hwa Indusstrial Co's value of 121.40 is 29.4% above this benchmark. Historically, I-Hwa Indusstrial Co's own Days Payable has ranged from 0.55 to 119.71 over the past decade. While the company's 10-year median is 34.22 vs. the industry median of 93.82, I-Hwa Indusstrial Co has consistently been above 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 93.82, based on 1,570 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. I-Hwa Indusstrial Co's current Days Payable of 121.40 is 29.4% above 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 I-Hwa Indusstrial Co and its competitors. For the Real Estate industry, the median Days Payable is 93.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I-Hwa Indusstrial Co's current Days Payable is 121.40, which is 255% above median its own 10-year median of 34.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Hwa Indusstrial Co stock overvalued right now?
Based on GuruFocus' analysis, I-Hwa Indusstrial Co (TPE:1456) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.30, compared to a current price of NT$13.45 — trading 30.6% above its estimated fair value. The current Days Payable is 121.40, which is 255% above median its 10-year median of 34.22 and 29.4% above the Real Estate industry median of 93.82. I-Hwa Indusstrial Co's overall GF Score™ is 65/100 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 I-Hwa Indusstrial Co (TPE:1456), the current Days Payable is 121.40 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 I-Hwa Indusstrial Co (TPE:1456) Overvalued in 2026?

Based on GuruFocus' analysis, I-Hwa Indusstrial Co stock appears to be overvalued. The current stock price of NT$13.45 is trading 30.6% above its estimated GF Value™ of NT$10.30. GuruFocus considers I-Hwa Indusstrial Co to be Significantly Overvalued.

Key valuation signals for TPE:1456:

  • Days Payable: 121.40 (255% above median its 10-year median of 34.22)
  • GF Value™: NT$10.30 vs. price of NT$13.45 (30.6% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 29.4% above the Real Estate median (#897 of 1570)

No single metric tells the full story. See the TPE:1456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-Hwa Indusstrial Co Business Description

Address Neihu Road, 12th Floor, Section 1, No. 392, Neihu District, Taipei, TWN
I-Hwa Indusstrial Co Ltd is principally engaged in land development and construction of houses, residential and building development and leasing, as well as manufacturing and trading of finished fabrics, woolen yarn, cotton yarn and dyestuffs, general advertising services and e-commerce. The group's revenue from the sale of premises is the majority source of income for its operations.
65GF Score

Get the complete analysis for TPE:1456

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

NT$13.45
Price
NT$10.30
GF Value