Shihlin Electric & Engineering (TPE:1503) Days Payable: 53.42 (As of Mar. 2026) — 40% Below Median

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TPE:1503 Shihlin Electric & Engineering Corp TPE:1503
92 GF Score
Price NT$199.50
GF Value NT$207.93
Valuation Fairly Valued
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What is Shihlin Electric & Engineering Days Payable?

Shihlin Electric & Engineering TPE:1503 -1.97% 92 Days Payable is 53.42 as of Mar. 2026, which is 40% below its 10-year median of 88.87. GuruFocus rates TPE:1503 with a GF Score™ of 92/100 and a GF Value™ of NT$207.93 (Fairly Valued). Among 2,994 Industrial Products companies, Shihlin Electric & Engineering ranks worse than 56.15% on this metric.

Shihlin Electric & Engineering's average Accounts Payable for the three months ended in Mar. 2026 was NT$5,159 Mil. Shihlin Electric & Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$8,811 Mil. Hence, Shihlin Electric & Engineering's Days Payable for the three months ended in Mar. 2026 was 53.42.

The historical rank and industry rank for Shihlin Electric & Engineering's Days Payable or its related term are showing as below:

TPE:1503' s Days Payable Range Over the Past 10 Years
Min: 67.1   Med: 88.87   Max: 97.97
Current: 67.1

During the past 13 years, Shihlin Electric & Engineering's highest Days Payable was 97.97. The lowest was 67.10. And the median was 88.87.

TPE:1503's Days Payable is ranked worse than
56.15% of 2994 companies
in the Industrial Products industry
Industry Median: 77.25 vs TPE:1503: 67.10

Shihlin Electric & Engineering's Days Payable declined from Mar. 2025 (76.20) to Mar. 2026 (53.42). It may suggest that Shihlin Electric & Engineering accelerated paying its suppliers.


Shihlin Electric & Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Days Payable Chart

Shihlin Electric & Engineering 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 94.29 91.11 86.04 78.76 72.43

Shihlin Electric & Engineering 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 76.20 85.70 74.44 56.58 53.42

TPE:1503 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.


Shihlin Electric & Engineering Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Days Payable falls into.


TPE:1503
92GF Score
Shihlin Electric & Engineering Corp TPE:1503
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shihlin Electric & Engineering 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.

Shihlin Electric & Engineering'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
=( (6472.617 + 5199.179) / 2 ) / 29410.067*365
=5835.898 / 29410.067*365
=72.43

Shihlin Electric & Engineering'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
=( (5199.179 + 5118.133) / 2 ) / 8811.059*365 / 4
=5158.656 / 8811.059*365 / 4
=53.42

* 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 53.42 mean?
Shihlin Electric & Engineering (TPE:1503) has a Days Payable of 53.42 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 Shihlin Electric & Engineering and its competitors. This is 40% below median its historical median of 88.87. Over the past decade, Shihlin Electric & Engineering's Days Payable has ranged from 67.10 to 97.97. According to the industry distribution chart, Shihlin Electric & Engineering ranks #1681 out of 2994 companies in the Industrial Products industry, placing it in the top 56.1%.
Is Shihlin Electric & Engineering's Days Payable too high?
Shihlin Electric & Engineering's current Days Payable of 53.42 is 40% below median its 10-year median of 88.87. Over the past 10 years, this metric has ranged from a low of 67.10 to a high of 97.97. The Industrial Products industry median Days Payable is 77.25. Shihlin Electric & Engineering's value of 53.42 is 30.8% below this industry median. Based on the distribution chart, Shihlin Electric & Engineering ranks #1681 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shihlin Electric & Engineering has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shihlin Electric & Engineering ranks #1681 out of 2994 companies for Days Payable. This places Shihlin Electric & Engineering in the lower half of its industry. The industry median Days Payable is 77.25. Shihlin Electric & Engineering's value of 53.42 is 30.8% below this benchmark. Historically, Shihlin Electric & Engineering's own Days Payable has ranged from 67.10 to 97.97 over the past decade. While the company's 10-year median is 88.87 vs. the industry median of 77.25, Shihlin Electric & Engineering 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 77.25, based on 2,994 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. Shihlin Electric & Engineering's current Days Payable of 53.42 is 30.8% 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 Shihlin Electric & Engineering and its competitors. For the Industrial Products industry, the median Days Payable is 77.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Electric & Engineering's current Days Payable is 53.42, which is 40% below median its own 10-year median of 88.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Fairly Valued. The stock's GF Value™ is NT$207.93, compared to a current price of NT$199.50 — trading 4.1% below its estimated fair value. The current Days Payable is 53.42, which is 40% below median its 10-year median of 88.87 and 30.8% below the Industrial Products industry median of 77.25. Shihlin Electric & Engineering's overall GF Score™ is 92/100. 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 Shihlin Electric & Engineering (TPE:1503), the current Days Payable is 53.42 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?

Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be undervalued. The current stock price of NT$199.50 is trading 4.1% below its estimated GF Value™ of NT$207.93. GuruFocus considers Shihlin Electric & Engineering to be Fairly Valued.

Key valuation signals for TPE:1503:

  • Days Payable: 53.42 (40% below median its 10-year median of 88.87)
  • GF Value™: NT$207.93 vs. price of NT$199.50 (4.1% below fair value)
  • GF Score™: 92/100
  • Industry Position: 30.8% below the Industrial Products median (#1681 of 2994)

No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shihlin Electric & Engineering Business Description

Address No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
92GF Score

Get the complete analysis for TPE:1503

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

NT$199.50
Price
NT$207.93
GF Value