Space Shuttle Hi-Tech Co (TPE:2440) Days Payable: 2.38 (As of Dec. 2025) — 83% Below Median


TPE:2440 Space Shuttle Hi-Tech Co Ltd TPE:2440
68 GF Score
Price NT$16.65
GF Value NT$14.20
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Space Shuttle Hi-Tech Co Days Payable?

Space Shuttle Hi-Tech Co TPE:2440 68 Days Payable is 2.38 as of Dec. 2025, which is 83% below its 10-year median of 14.32. GuruFocus rates TPE:2440 with a GF Score™ of 68/100 and a GF Value™ of NT$14.20 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 2,986 Industrial Products companies, Space Shuttle Hi-Tech Co ranks worse than 99.8% on this metric.

Space Shuttle Hi-Tech Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$22 Mil. Space Shuttle Hi-Tech Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$864 Mil. Hence, Space Shuttle Hi-Tech Co's Days Payable for the three months ended in Dec. 2025 was 2.38.

The historical rank and industry rank for Space Shuttle Hi-Tech Co's Days Payable or its related term are showing as below:

TPE:2440' s Days Payable Range Over the Past 10 Years
Min: 1.83   Med: 14.32   Max: 27.56
Current: 2.49

During the past 13 years, Space Shuttle Hi-Tech Co's highest Days Payable was 27.56. The lowest was 1.83. And the median was 14.32.

TPE:2440's Days Payable is ranked worse than
99.8% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs TPE:2440: 2.49

Space Shuttle Hi-Tech Co's Days Payable increased from Dec. 2024 (1.73) to Dec. 2025 (2.38). It may suggest that Space Shuttle Hi-Tech Co delayed paying its suppliers.


Space Shuttle Hi-Tech Co Days Payable Historical Data

* Premium members only.

The historical data trend for Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech Co Days Payable Chart

Space Shuttle Hi-Tech 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 11.12 13.55 6.87 1.83 2.42

Space Shuttle Hi-Tech 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 1.73 2.49 2.81 2.37 2.38

TPE:2440 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Space Shuttle Hi-Tech 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.


Space Shuttle Hi-Tech Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Space Shuttle Hi-Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Space Shuttle Hi-Tech Co's Days Payable falls into.


TPE:2440
68GF Score
Space Shuttle Hi-Tech Co Ltd TPE:2440
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech 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
=( (18.869 + 25.731) / 2 ) / 3356.748*365
=22.3 / 3356.748*365
=2.42

Space Shuttle Hi-Tech 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
=( (19.227 + 25.731) / 2 ) / 863.527*365 / 4
=22.479 / 863.527*365 / 4
=2.38

* 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 2.38 mean?
Space Shuttle Hi-Tech Co (TPE:2440) has a Days Payable of 2.38 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 Space Shuttle Hi-Tech Co and its competitors. This is 83% below median its historical median of 14.32. Over the past decade, Space Shuttle Hi-Tech Co's Days Payable has ranged from 1.83 to 27.56. According to the industry distribution chart, Space Shuttle Hi-Tech Co ranks #2980 out of 2986 companies in the Industrial Products industry, placing it in the top 99.8%.
Is Space Shuttle Hi-Tech Co's Days Payable too high?
Space Shuttle Hi-Tech Co's current Days Payable of 2.38 is 83% below median its 10-year median of 14.32. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 27.56. The Industrial Products industry median Days Payable is 77.81. Space Shuttle Hi-Tech Co's value of 2.38 is 96.9% below this industry median. Based on the distribution chart, Space Shuttle Hi-Tech Co ranks #2980 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Space Shuttle Hi-Tech Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Shuttle Hi-Tech Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Space Shuttle Hi-Tech Co ranks #2980 out of 2986 companies for Days Payable. This places Space Shuttle Hi-Tech Co in the lower half of its industry. The industry median Days Payable is 77.81. Space Shuttle Hi-Tech Co's value of 2.38 is 96.9% below this benchmark. Historically, Space Shuttle Hi-Tech Co's own Days Payable has ranged from 1.83 to 27.56 over the past decade. While the company's 10-year median is 14.32 vs. the industry median of 77.81, Space Shuttle Hi-Tech 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.81, based on 2,986 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. Space Shuttle Hi-Tech Co's current Days Payable of 2.38 is 96.9% 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 Space Shuttle Hi-Tech Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Shuttle Hi-Tech Co's current Days Payable is 2.38, which is 83% below median its own 10-year median of 14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Shuttle Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co (TPE:2440) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$14.20, compared to a current price of NT$16.65 — trading 17.3% above its estimated fair value. The current Days Payable is 2.38, which is 83% below median its 10-year median of 14.32 and 96.9% below the Industrial Products industry median of 77.81. Space Shuttle Hi-Tech Co's overall GF Score™ is 68/100 with 10 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 Space Shuttle Hi-Tech Co (TPE:2440), the current Days Payable is 2.38 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 Space Shuttle Hi-Tech Co (TPE:2440) Overvalued in 2026?

Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co stock appears to be overvalued. The current stock price of NT$16.65 is trading 17.3% above its estimated GF Value™ of NT$14.20. GuruFocus considers Space Shuttle Hi-Tech Co to be Modestly Overvalued.

Key valuation signals for TPE:2440:

  • Days Payable: 2.38 (83% below median its 10-year median of 14.32)
  • GF Value™: NT$14.20 vs. price of NT$16.65 (17.3% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 96.9% below the Industrial Products median (#2980 of 2986)

No single metric tells the full story. See the TPE:2440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Shuttle Hi-Tech Co Business Description

Address Huanke 1ST Road, 9th floor-2, Number 23, Hsinchu County, Zhubei, TWN
Space Shuttle Hi-Tech Co Ltd is engaged in the reprocessing of copper and the manufacturing and sales of information transmission cables. The company generates the majority of its revenues from the re-processing and re-manufacturing of various copper materials, the production and sales of information transmission wires, and the manufacturing and sales of related products. The company mainly operates in Asia, hence all the revenue come from Asia itself.
68GF Score

Get the complete analysis for TPE:2440

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

NT$16.65
Price
NT$14.20
GF Value