Horng Shiue Holding CoTPE:2243 +5.10%51 Days Payable is 144.38 as of Dec. 2025, which is 6% below its 10-year median of 154.05. GuruFocus rates TPE:2243 with a GF Score™ of 51/100 and a GF Value™ of NT$13.69 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,309 Vehicles & Parts companies, Horng Shiue Holding Co ranks better than 90.53% on this metric.
* 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.
For the Auto Parts subindustry, Horng Shiue Holding 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.
Horng Shiue Holding Co Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Horng Shiue Holding Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Horng Shiue Holding Co's Days Payable falls into.
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.
Horng Shiue Holding Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Horng Shiue Holding Co (TPE:2243) has a Days Payable of 144.38 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 Horng Shiue Holding Co and its competitors. This is near median its historical median of 154.05. Over the past decade, Horng Shiue Holding Co's Days Payable has ranged from 130.73 to 227.43. According to the industry distribution chart, Horng Shiue Holding Co ranks #124 out of 1309 companies in the Vehicles & Parts industry, placing it in the top 9.5%.
Is Horng Shiue Holding Co's Days Payable too high?
Horng Shiue Holding Co's current Days Payable of 144.38 is near median its 10-year median of 154.05. Over the past 10 years, this metric has ranged from a low of 130.73 to a high of 227.43. The Vehicles & Parts industry median Days Payable is 67.02. Horng Shiue Holding Co's value of 144.38 is 115.4% above this industry median. Based on the distribution chart, Horng Shiue Holding Co ranks #124 out of 1309 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Horng Shiue Holding Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horng Shiue Holding Co's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Horng Shiue Holding Co ranks #124 out of 1309 companies for Days Payable. This places Horng Shiue Holding Co in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 67.02. Horng Shiue Holding Co's value of 144.38 is 115.4% above this benchmark. Historically, Horng Shiue Holding Co's own Days Payable has ranged from 130.73 to 227.43 over the past decade. While the company's 10-year median is 154.05 vs. the industry median of 67.02, Horng Shiue Holding 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,309 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. Horng Shiue Holding Co's current Days Payable of 144.38 is 115.4% 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 Horng Shiue Holding Co and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horng Shiue Holding Co's current Days Payable is 144.38, which is near median its own 10-year median of 154.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Shiue Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Horng Shiue Holding Co (TPE:2243) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.69, compared to a current price of NT$65.90 — trading 381.4% above its estimated fair value. The current Days Payable is 144.38, which is near median its 10-year median of 154.05 and 115.4% above the Vehicles & Parts industry median of 67.02. Horng Shiue Holding Co's overall GF Score™ is 51/100 with 11 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 Horng Shiue Holding Co (TPE:2243), the current Days Payable is 144.38 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 Horng Shiue Holding Co (TPE:2243) Overvalued in 2026?
Based on GuruFocus' analysis, Horng Shiue Holding Co stock appears to be overvalued.
The current stock price of NT$65.90 is trading 381.4% above its estimated GF Value™ of NT$13.69.
GuruFocus considers Horng Shiue Holding Co to be Significantly Overvalued.
Key valuation signals for TPE:2243:
Days Payable: 144.38 (near median its 10-year median of 154.05)
GF Value™: NT$13.69 vs. price of NT$65.90 (381.4% above fair value)
Industry Position: 115.4% above the Vehicles & Parts median (#124 of 1309)
No single metric tells the full story. See the TPE:2243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horng Shiue Holding Co Ltd isengaged in the manufacture, processing and trading of automotive sheet metal stamping die and gauge and providing after sales services, such as technique consulting. The Company's revenue is derived from automotive sheet metal stamping die sold by the assembly plant and stamping factory.
51GF Score
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