Prince Housing & Development (TPE:2511) Days Payable: 106.06 (As of Mar. 2026) — 24% Above Median

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TPE:2511 Prince Housing & Development Corp TPE:2511
73 GF Score
Price NT$8.35
GF Value NT$11.32
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Prince Housing & Development Days Payable?

Prince Housing & Development TPE:2511 -0.36% 73 Days Payable is 106.06 as of Mar. 2026, which is 24% above its 10-year median of 85.60. GuruFocus rates TPE:2511 with a GF Score™ of 73/100 and a GF Value™ of NT$11.32 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,570 Real Estate companies, Prince Housing & Development ranks worse than 56.69% on this metric.

Prince Housing & Development's average Accounts Payable for the three months ended in Mar. 2026 was NT$1,740 Mil. Prince Housing & Development's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$1,497 Mil. Hence, Prince Housing & Development's Days Payable for the three months ended in Mar. 2026 was 106.06.

The historical rank and industry rank for Prince Housing & Development's Days Payable or its related term are showing as below:

TPE:2511' s Days Payable Range Over the Past 10 Years
Min: 65.79   Med: 85.6   Max: 160.85
Current: 73.02

During the past 13 years, Prince Housing & Development's highest Days Payable was 160.85. The lowest was 65.79. And the median was 85.60.

TPE:2511's Days Payable is ranked worse than
56.69% of 1570 companies
in the Real Estate industry
Industry Median: 92.92 vs TPE:2511: 73.02

Prince Housing & Development's Days Payable increased from Mar. 2025 (102.51) to Mar. 2026 (106.06). It may suggest that Prince Housing & Development delayed paying its suppliers.


Prince Housing & Development Days Payable Historical Data

* Premium members only.

The historical data trend for Prince Housing & Development'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.

Prince Housing & Development Days Payable Chart

Prince Housing & Development 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 66.65 65.79 80.68 76.02 90.52

Prince Housing & Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 102.51 68.99 75.70 58.04 106.06

Prince Housing & Development Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Prince Housing & Development'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.


Prince Housing & Development Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Prince Housing & Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Prince Housing & Development's Days Payable falls into.


TPE:2511
73GF Score
Prince Housing & Development Corp TPE:2511
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prince Housing & Development 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.

Prince Housing & Development'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
=( (1470.362 + 1885.298) / 2 ) / 6765.646*365
=1677.83 / 6765.646*365
=90.52

Prince Housing & Development's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1885.298 + 1594.273) / 2 ) / 1496.889*365 / 4
=1739.7855 / 1496.889*365 / 4
=106.06

* 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 106.06 mean?
Prince Housing & Development (TPE:2511) has a Days Payable of 106.06 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Prince Housing & Development and its competitors. This is 24% above median its historical median of 85.60. Over the past decade, Prince Housing & Development's Days Payable has ranged from 65.79 to 160.85. According to the industry distribution chart, Prince Housing & Development ranks #890 out of 1570 companies in the Real Estate industry, placing it in the top 56.7%.
Is Prince Housing & Development's Days Payable too high?
Prince Housing & Development's current Days Payable of 106.06 is 24% above median its 10-year median of 85.60. Over the past 10 years, this metric has ranged from a low of 65.79 to a high of 160.85. The Real Estate industry median Days Payable is 92.92. Prince Housing & Development's value of 106.06 is 14.1% above this industry median. Based on the distribution chart, Prince Housing & Development ranks #890 out of 1570 companies in the Real Estate industry, which is below the industry midpoint. Overall, Prince Housing & Development has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prince Housing & Development's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Prince Housing & Development ranks #890 out of 1570 companies for Days Payable. This places Prince Housing & Development in the lower half of its industry. The industry median Days Payable is 92.92. Prince Housing & Development's value of 106.06 is 14.1% above this benchmark. Historically, Prince Housing & Development's own Days Payable has ranged from 65.79 to 160.85 over the past decade. While the company's 10-year median is 85.60 vs. the industry median of 92.92, Prince Housing & Development has consistently been above 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 92.92, based on 1,570 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. Prince Housing & Development's current Days Payable of 106.06 is 14.1% above 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 Prince Housing & Development and its competitors. For the Real Estate industry, the median Days Payable is 92.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prince Housing & Development's current Days Payable is 106.06, which is 24% above median its own 10-year median of 85.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prince Housing & Development stock overvalued right now?
Based on GuruFocus' analysis, Prince Housing & Development (TPE:2511) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$11.32, compared to a current price of NT$8.35 — trading 26.2% below its estimated fair value. The current Days Payable is 106.06, which is 24% above median its 10-year median of 85.60 and 14.1% above the Real Estate industry median of 92.92. Prince Housing & Development's overall GF Score™ is 73/100 with 7 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 Prince Housing & Development (TPE:2511), the current Days Payable is 106.06 as of Mar. 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 Prince Housing & Development (TPE:2511) Overvalued in 2026?

Based on GuruFocus' analysis, Prince Housing & Development stock appears to be undervalued. The current stock price of NT$8.35 is trading 26.2% below its estimated GF Value™ of NT$11.32. GuruFocus considers Prince Housing & Development to be Modestly Undervalued.

Key valuation signals for TPE:2511:

  • Days Payable: 106.06 (24% above median its 10-year median of 85.60)
  • GF Value™: NT$11.32 vs. price of NT$8.35 (26.2% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 14.1% above the Real Estate median (#890 of 1570)

No single metric tells the full story. See the TPE:2511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prince Housing & Development Business Description

Address No. 398, Zhonghua East Road, 8th Floor, Sector 1, East District, Tainan, TWN, 701
Prince Housing & Development Corp is a Taiwan-based real estate developer and builder with its principal business in the construction, leasing, and sale of public housing, commercial buildings, tourism/recreation places (children's playground, water park, etc.), and parking lot/parking tower, and leasing and sale of real estate. The group operates in three segments, which include: Construction, Hotel, and Others. The majority of its revenue is generated from the construction business. The group operates in the following business lines: Building and land sale, Construction, Hotel management, BOT business, and Property management.
73GF Score

Get the complete analysis for TPE:2511

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

NT$8.35
Price
NT$11.32
GF Value