Hiyes International CoTPE:2348 +1.87%74 Days Payable is 31.64 as of Dec. 2025, which is 55% below its 10-year median of 70.92. GuruFocus rates TPE:2348 with a GF Score™ of 74/100 and a GF Value™ of NT$116.72 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 1,568 Real Estate companies, Hiyes International Co ranks worse than 70.41% 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.
TPE:2348 vs CBRE, BEKE, JLL: Days Payable Comparison
For the Real Estate Services subindustry, Hiyes International 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.
Hiyes International Co Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hiyes International Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Hiyes International 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.
Hiyes International 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.
Hiyes International Co (TPE:2348) has a Days Payable of 31.64 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 Hiyes International Co and its competitors. This is 55% below median its historical median of 70.92. Over the past decade, Hiyes International Co's Days Payable has ranged from 45.74 to 101.42. According to the industry distribution chart, Hiyes International Co ranks #1104 out of 1568 companies in the Real Estate industry, placing it in the top 70.4%.
Is Hiyes International Co's Days Payable too high?
Hiyes International Co's current Days Payable of 31.64 is 55% below median its 10-year median of 70.92. Over the past 10 years, this metric has ranged from a low of 45.74 to a high of 101.42. The Real Estate industry median Days Payable is 94.38. Hiyes International Co's value of 31.64 is 66.5% below this industry median. Based on the distribution chart, Hiyes International Co ranks #1104 out of 1568 companies in the Real Estate industry, which is below the industry midpoint. Overall, Hiyes International Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hiyes International Co ranks #1104 out of 1568 companies for Days Payable. This places Hiyes International Co in the lower half of its industry. The industry median Days Payable is 94.38. Hiyes International Co's value of 31.64 is 66.5% below this benchmark. Historically, Hiyes International Co's own Days Payable has ranged from 45.74 to 101.42 over the past decade. While the company's 10-year median is 70.92 vs. the industry median of 94.38, Hiyes International 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 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. Hiyes International Co's current Days Payable of 31.64 is 66.5% 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 Hiyes International Co and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiyes International Co's current Days Payable is 31.64, which is 55% below median its own 10-year median of 70.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Possible Value Trap. The stock's GF Value™ is NT$116.72, compared to a current price of NT$76.10 — trading 34.8% below its estimated fair value. The current Days Payable is 31.64, which is 55% below median its 10-year median of 70.92 and 66.5% below the Real Estate industry median of 94.38. Hiyes International Co's overall GF Score™ is 74/100 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 Hiyes International Co (TPE:2348), the current Days Payable is 31.64 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 Hiyes International Co (TPE:2348) Overvalued in 2026?
Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued.
The current stock price of NT$76.10 is trading 34.8% below its estimated GF Value™ of NT$116.72.
GuruFocus considers Hiyes International Co to be Possible Value Trap.
Key valuation signals for TPE:2348:
Days Payable: 31.64 (55% below median its 10-year median of 70.92)
GF Value™: NT$116.72 vs. price of NT$76.10 (34.8% below fair value)
Industry Position: 66.5% below the Real Estate median (#1104 of 1568)
No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
74GF Score
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