Ares International (TPE:2471) Days Payable: 41.02 (As of Sep. 2025) — Near Median

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TPE:2471 Ares International Corp TPE:2471
96 GF Score
Price NT$52.10
GF Value NT$62.99
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ares International Days Payable?

Ares International TPE:2471 -1.33% 96 Days Payable is 41.02 as of Sep. 2025, which is 7% below its 10-year median of 44.10. GuruFocus rates TPE:2471 with a GF Score™ of 96/100 and a GF Value™ of NT$62.99 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,603 Software companies, Ares International ranks worse than 60.58% on this metric.

Ares International's average Accounts Payable for the three months ended in Sep. 2025 was NT$56.5 Mil. Ares International's Cost of Goods Sold for the three months ended in Sep. 2025 was NT$125.8 Mil. Hence, Ares International's Days Payable for the three months ended in Sep. 2025 was 41.02.

The historical rank and industry rank for Ares International's Days Payable or its related term are showing as below:

TPE:2471' s Days Payable Range Over the Past 10 Years
Min: 36.31   Med: 44.1   Max: 51.09
Current: 38.24

During the past 13 years, Ares International's highest Days Payable was 51.09. The lowest was 36.31. And the median was 44.10.

TPE:2471's Days Payable is ranked worse than
60.58% of 2603 companies
in the Software industry
Industry Median: 52.78 vs TPE:2471: 38.24

Ares International's Days Payable increased from Sep. 2024 (40.34) to Sep. 2025 (41.02). It may suggest that Ares International delayed paying its suppliers.


Ares International Days Payable Historical Data

* Premium members only.

The historical data trend for Ares International'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.

Ares International Days Payable Chart

Ares International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.31 44.06 44.12 44.07 49.83

Ares International Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 40.34 35.11 43.05 39.32 41.02

TPE:2471 vs IBM, ACN, FISV: Days Payable Comparison

For the Information Technology Services subindustry, Ares International'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.


Ares International Days Payable vs Software Industry

For the Software industry and Technology sector, Ares International's Days Payable distribution charts can be found below:

* The bar in red indicates where Ares International's Days Payable falls into.


TPE:2471
96GF Score
Ares International Corp TPE:2471
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ares International 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.

Ares International's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (69.801 + 73.602) / 2 ) / 525.254*365
=71.7015 / 525.254*365
=49.83

Ares International's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (60.18 + 52.885) / 2 ) / 125.766*365 / 4
=56.5325 / 125.766*365 / 4
=41.02

* 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 41.02 mean?
Ares International (TPE:2471) has a Days Payable of 41.02 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ares International and its competitors. This is near median its historical median of 44.10. Over the past decade, Ares International's Days Payable has ranged from 36.31 to 51.09. According to the industry distribution chart, Ares International ranks #1577 out of 2603 companies in the Software industry, placing it in the top 60.6%.
Is Ares International's Days Payable too high?
Ares International's current Days Payable of 41.02 is near median its 10-year median of 44.10. Over the past 10 years, this metric has ranged from a low of 36.31 to a high of 51.09. The Software industry median Days Payable is 52.78. Ares International's value of 41.02 is 22.3% below this industry median. Based on the distribution chart, Ares International ranks #1577 out of 2603 companies in the Software industry, which is below the industry midpoint. Overall, Ares International has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ares International's Days Payable compare to IBM and ACN?
According to the Software industry distribution chart, Ares International ranks #1577 out of 2603 companies for Days Payable. This places Ares International in the lower half of its industry. The industry median Days Payable is 52.78. Ares International's value of 41.02 is 22.3% below this benchmark. Historically, Ares International's own Days Payable has ranged from 36.31 to 51.09 over the past decade. While the company's 10-year median is 44.10 vs. the industry median of 52.78, Ares International 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 Software company?
The median Days Payable among Software companies is 52.78, based on 2,603 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. Ares International's current Days Payable of 41.02 is 22.3% 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 Ares International and its competitors. For the Software industry, the median Days Payable is 52.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares International's current Days Payable is 41.02, which is near median its own 10-year median of 44.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares International stock overvalued right now?
Based on GuruFocus' analysis, Ares International (TPE:2471) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$62.99, compared to a current price of NT$52.10 — trading 17.3% below its estimated fair value. The current Days Payable is 41.02, which is near median its 10-year median of 44.10 and 22.3% below the Software industry median of 52.78. Ares International's overall GF Score™ is 96/100 with 2 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 Ares International (TPE:2471), the current Days Payable is 41.02 as of Sep. 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 Ares International (TPE:2471) Overvalued in 2026?

Based on GuruFocus' analysis, Ares International stock appears to be undervalued. The current stock price of NT$52.10 is trading 17.3% below its estimated GF Value™ of NT$62.99. GuruFocus considers Ares International to be Modestly Undervalued.

Key valuation signals for TPE:2471:

  • Days Payable: 41.02 (near median its 10-year median of 44.10)
  • GF Value™: NT$62.99 vs. price of NT$52.10 (17.3% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 22.3% below the Software median (#1577 of 2603)

No single metric tells the full story. See the TPE:2471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ares International Business Description

Address Zhongshan North Road, 3rd Floor, No. 111, Section 2, Zhongshan District, Taipei, TWN, 104
Ares International Corp is a Taiwan-based company. The company is engaged in the design, sales, lease, maintenance, and technology consultation of computer equipment, internet, and related software, and analysis, design, modification, installation, and maintenance of application software. Its reporting segments include the Commercial segment, Financial business segment, and Project segment. The geographical regions in which the company operates are Asia, Taiwan, America, and Others.
96GF Score

Get the complete analysis for TPE:2471

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

NT$52.10
Price
NT$62.99
GF Value