Goldsun Building Materials Co (TPE:2504) Days Payable: 28.34 (As of Dec. 2025) — 43% Below Median

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TPE:2504 Goldsun Building Materials Co Ltd TPE:2504
82 GF Score
Price NT$31.05
GF Value NT$37.41
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Goldsun Building Materials Co Days Payable?

Goldsun Building Materials Co TPE:2504 +2.48% 82 Days Payable is 28.34 as of Dec. 2025, which is 43% below its 10-year median of 49.35. GuruFocus rates TPE:2504 with a GF Score™ of 82/100 and a GF Value™ of NT$37.41 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 395 Building Materials companies, Goldsun Building Materials Co ranks worse than 85.32% on this metric.

Goldsun Building Materials Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,288 Mil. Goldsun Building Materials Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$4,147 Mil. Hence, Goldsun Building Materials Co's Days Payable for the three months ended in Dec. 2025 was 28.34.

The historical rank and industry rank for Goldsun Building Materials Co's Days Payable or its related term are showing as below:

TPE:2504' s Days Payable Range Over the Past 10 Years
Min: 30.24   Med: 49.35   Max: 63.3
Current: 30.24

During the past 13 years, Goldsun Building Materials Co's highest Days Payable was 63.30. The lowest was 30.24. And the median was 49.35.

TPE:2504's Days Payable is ranked worse than
85.32% of 395 companies
in the Building Materials industry
Industry Median: 69.78 vs TPE:2504: 30.24

Goldsun Building Materials Co's Days Payable declined from Dec. 2024 (29.92) to Dec. 2025 (28.34). It may suggest that Goldsun Building Materials Co accelerated paying its suppliers.


Goldsun Building Materials Co Days Payable Historical Data

* Premium members only.

The historical data trend for Goldsun Building Materials 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.

Goldsun Building Materials Co Days Payable Chart

Goldsun Building Materials 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 49.71 48.99 42.94 35.54 30.54

Goldsun Building Materials 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 29.92 31.27 29.71 31.45 28.34

TPE:2504 vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Goldsun Building Materials 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.


Goldsun Building Materials Co Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Goldsun Building Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Goldsun Building Materials Co's Days Payable falls into.


TPE:2504
82GF Score
Goldsun Building Materials Co Ltd TPE:2504
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Goldsun Building Materials 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.

Goldsun Building Materials 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
=( (1404.54 + 1332.181) / 2 ) / 16353.78*365
=1368.3605 / 16353.78*365
=30.54

Goldsun Building Materials 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
=( (1243.977 + 1332.181) / 2 ) / 4146.822*365 / 4
=1288.079 / 4146.822*365 / 4
=28.34

* 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 28.34 mean?
Goldsun Building Materials Co (TPE:2504) has a Days Payable of 28.34 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 Goldsun Building Materials Co and its competitors. This is 43% below median its historical median of 49.35. Over the past decade, Goldsun Building Materials Co's Days Payable has ranged from 30.24 to 63.30. According to the industry distribution chart, Goldsun Building Materials Co ranks #337 out of 395 companies in the Building Materials industry, placing it in the top 85.3%.
Is Goldsun Building Materials Co's Days Payable too high?
Goldsun Building Materials Co's current Days Payable of 28.34 is 43% below median its 10-year median of 49.35. Over the past 10 years, this metric has ranged from a low of 30.24 to a high of 63.30. The Building Materials industry median Days Payable is 69.78. Goldsun Building Materials Co's value of 28.34 is 59.4% below this industry median. Based on the distribution chart, Goldsun Building Materials Co ranks #337 out of 395 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Goldsun Building Materials Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldsun Building Materials Co's Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Goldsun Building Materials Co ranks #337 out of 395 companies for Days Payable. This places Goldsun Building Materials Co in the lower half of its industry. The industry median Days Payable is 69.78. Goldsun Building Materials Co's value of 28.34 is 59.4% below this benchmark. Historically, Goldsun Building Materials Co's own Days Payable has ranged from 30.24 to 63.30 over the past decade. While the company's 10-year median is 49.35 vs. the industry median of 69.78, Goldsun Building Materials 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.78, based on 395 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. Goldsun Building Materials Co's current Days Payable of 28.34 is 59.4% 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 Goldsun Building Materials Co and its competitors. For the Building Materials industry, the median Days Payable is 69.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldsun Building Materials Co's current Days Payable is 28.34, which is 43% below median its own 10-year median of 49.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldsun Building Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Goldsun Building Materials Co (TPE:2504) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.41, compared to a current price of NT$31.05 — trading 17% below its estimated fair value. The current Days Payable is 28.34, which is 43% below median its 10-year median of 49.35 and 59.4% below the Building Materials industry median of 69.78. Goldsun Building Materials Co's overall GF Score™ is 82/100 with 4 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 Goldsun Building Materials Co (TPE:2504), the current Days Payable is 28.34 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 Goldsun Building Materials Co (TPE:2504) Overvalued in 2026?

Based on GuruFocus' analysis, Goldsun Building Materials Co stock appears to be undervalued. The current stock price of NT$31.05 is trading 17% below its estimated GF Value™ of NT$37.41. GuruFocus considers Goldsun Building Materials Co to be Modestly Undervalued.

Key valuation signals for TPE:2504:

  • Days Payable: 28.34 (43% below median its 10-year median of 49.35)
  • GF Value™: NT$37.41 vs. price of NT$31.05 (17% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 59.4% below the Building Materials median (#337 of 395)

No single metric tells the full story. See the TPE:2504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldsun Building Materials Co Business Description

Address No. 8, Xinhu 1st Road, 7th Floor, Neihu District, Taipei, TWN, 11494
Goldsun Building Materials Co Ltd is a Taiwan-based company that produces and distributes ready-mixed concretes and cement and and building rental. The company has reporting segments namely Pre-mixed concrete Segment in Taiwan, Pre-mixed concrete Segment in Mainland China and Others. The company generates a majority of its sales from the Taiwan market.
82GF Score

Get the complete analysis for TPE:2504

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

NT$31.05
Price
NT$37.41
GF Value