Success Prime (TPE:2496) Days Payable: 19.86 (As of Jun. 2026) — 11% Below Median

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TPE:2496 Success Prime Corp TPE:2496
80 GF Score
Price NT$54.50
GF Value NT$69.67
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Success Prime Days Payable?

Success Prime TPE:2496 -1.09% 80 Days Payable is 19.86 as of Jun. 2026, which is 11% below its 10-year median of 22.37. GuruFocus rates TPE:2496 with a GF Score™ of 80/100 and a GF Value™ of NT$69.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 210 Education companies, Success Prime ranks worse than 61.9% on this metric.

Success Prime's average Accounts Payable for the three months ended in Jun. 2026 was NT$20.6 Mil. Success Prime's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$94.8 Mil. Hence, Success Prime's Days Payable for the three months ended in Jun. 2026 was 19.86.

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

TPE:2496' s Days Payable Range Over the Past 10 Years
Min: 15.24   Med: 22.37   Max: 24.65
Current: 21.39

During the past 13 years, Success Prime's highest Days Payable was 24.65. The lowest was 15.24. And the median was 22.37.

TPE:2496's Days Payable is ranked worse than
61.9% of 210 companies
in the Education industry
Industry Median: 36.39 vs TPE:2496: 21.39

Success Prime's Days Payable declined from Jun. 2025 (21.53) to Jun. 2026 (19.86). It may suggest that Success Prime accelerated paying its suppliers.


Success Prime Days Payable Historical Data

* Premium members only.

The historical data trend for Success Prime'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.

Success Prime Days Payable Chart

Success Prime 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 22.56 23.52 24.65 23.71 22.17

Success Prime Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 21.53 22.44 21.44 22.11 19.86

TPE:2496 vs EDU, TAL, LAUR: Days Payable Comparison

For the Education & Training Services subindustry, Success Prime'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.


Success Prime Days Payable vs Education Industry

For the Education industry and Consumer Defensive sector, Success Prime's Days Payable distribution charts can be found below:

* The bar in red indicates where Success Prime's Days Payable falls into.


TPE:2496
80GF Score
Success Prime Corp TPE:2496
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Success Prime 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.

Success Prime'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
=( (24.237 + 24.995) / 2 ) / 405.296*365
=24.616 / 405.296*365
=22.17

Success Prime's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (20.363 + 20.901) / 2 ) / 94.799*365 / 4
=20.632 / 94.799*365 / 4
=19.86

* 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 19.86 mean?
Success Prime (TPE:2496) has a Days Payable of 19.86 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Success Prime and its competitors. This is 11% below median its historical median of 22.37. Over the past decade, Success Prime's Days Payable has ranged from 15.24 to 24.65. According to the industry distribution chart, Success Prime ranks #130 out of 210 companies in the Education industry, placing it in the top 61.9%.
Is Success Prime's Days Payable too high?
Success Prime's current Days Payable of 19.86 is 11% below median its 10-year median of 22.37. Over the past 10 years, this metric has ranged from a low of 15.24 to a high of 24.65. The Education industry median Days Payable is 36.39. Success Prime's value of 19.86 is 45.4% below this industry median. Based on the distribution chart, Success Prime ranks #130 out of 210 companies in the Education industry, which is below the industry midpoint. Overall, Success Prime has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Success Prime's Days Payable compare to EDU and TAL?
According to the Education industry distribution chart, Success Prime ranks #130 out of 210 companies for Days Payable. This places Success Prime in the lower half of its industry. The industry median Days Payable is 36.39. Success Prime's value of 19.86 is 45.4% below this benchmark. Historically, Success Prime's own Days Payable has ranged from 15.24 to 24.65 over the past decade. While the company's 10-year median is 22.37 vs. the industry median of 36.39, Success Prime 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 Education company?
The median Days Payable among Education companies is 36.39, based on 210 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. Success Prime's current Days Payable of 19.86 is 45.4% 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 Success Prime and its competitors. For the Education industry, the median Days Payable is 36.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Success Prime's current Days Payable is 19.86, which is 11% below median its own 10-year median of 22.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Success Prime stock overvalued right now?
Based on GuruFocus' analysis, Success Prime (TPE:2496) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$69.67, compared to a current price of NT$54.50 — trading 21.8% below its estimated fair value. The current Days Payable is 19.86, which is 11% below median its 10-year median of 22.37 and 45.4% below the Education industry median of 36.39. Success Prime's overall GF Score™ is 80/100 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 Success Prime (TPE:2496), the current Days Payable is 19.86 as of Jun. 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 Success Prime (TPE:2496) Overvalued in 2026?

Based on GuruFocus' analysis, Success Prime stock appears to be undervalued. The current stock price of NT$54.50 is trading 21.8% below its estimated GF Value™ of NT$69.67. GuruFocus considers Success Prime to be Modestly Undervalued.

Key valuation signals for TPE:2496:

  • Days Payable: 19.86 (11% below median its 10-year median of 22.37)
  • GF Value™: NT$69.67 vs. price of NT$54.50 (21.8% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 45.4% below the Education median (#130 of 210)

No single metric tells the full story. See the TPE:2496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Success Prime Business Description

Address No. 50, Section 1, Zhongxiao West Road, 22nd Floor -11, Zhongzheng District, Taipei, TWN
Success Prime Corp is focused on the management of tutorial academy teachers and curriculum education services. The company earns the maximum of its revenue from educational services and consultancy. Geographically, the company operates and earns revenue only from Taiwan.
80GF Score

Get the complete analysis for TPE:2496

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

NT$54.50
Price
NT$69.67
GF Value