Bes Engineering CoTPE:2515 -0.35%78 Days Payable is 110.29 as of Dec. 2025, which is 1% above its 10-year median of 109.22. GuruFocus rates TPE:2515 with a GF Score™ of 78/100 and a GF Value™ of NT$14.96 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,709 Construction companies, Bes Engineering Co ranks better than 68.93% on this metric.
The historical rank and industry rank for Bes Engineering Co's Days Payable or its related term are showing as below:
TPE:2515'
s Days Payable Range Over the Past 10 Years
Min: 77.97 Med: 109.22 Max: 134.08
Current: 123.82
During the past 13 years, Bes Engineering Co's highest Days Payable was 134.08. The lowest was 77.97. And the median was 109.22.
TPE:2515's Days Payable is ranked better than 68.93% of 1709
companies
in the Construction industry
Industry Median: 76.67
vs TPE:2515: 123.82
Bes Engineering Co's Days Payable
increased
from Dec. 2024 (89.82) to Dec. 2025 (110.29).
It may suggest that Bes Engineering Codelayed paying its suppliers.
Bes Engineering Co Days Payable Related Terms
Bes Engineering Co Days Payable Historical Data
* Premium members only.
The historical data trend for Bes Engineering 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.
TPE:2515 vs PWR, FIX, EME: Days Payable Comparison
For the Engineering & Construction subindustry, Bes Engineering 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.
Bes Engineering Co Days Payable vs Construction Industry
For the Construction industry and Industrials sector, Bes Engineering Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Bes Engineering Co's Days Payable falls into.
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.
Bes Engineering Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Bes Engineering Co (TPE:2515) has a Days Payable of 110.29 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 Bes Engineering Co and its competitors. This is near median its historical median of 109.22. Over the past decade, Bes Engineering Co's Days Payable has ranged from 77.97 to 134.08. According to the industry distribution chart, Bes Engineering Co ranks #531 out of 1709 companies in the Construction industry, placing it in the top 31.1%.
Is Bes Engineering Co's Days Payable too high?
Bes Engineering Co's current Days Payable of 110.29 is near median its 10-year median of 109.22. Over the past 10 years, this metric has ranged from a low of 77.97 to a high of 134.08. The Construction industry median Days Payable is 76.67. Bes Engineering Co's value of 110.29 is 43.9% above this industry median. Based on the distribution chart, Bes Engineering Co ranks #531 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, Bes Engineering Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bes Engineering Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Bes Engineering Co ranks #531 out of 1709 companies for Days Payable. This puts Bes Engineering Co in the upper half of its industry. The industry median Days Payable is 76.67. Bes Engineering Co's value of 110.29 is 43.9% above this benchmark. Historically, Bes Engineering Co's own Days Payable has ranged from 77.97 to 134.08 over the past decade. While the company's 10-year median is 109.22 vs. the industry median of 76.67, Bes Engineering Co 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 Construction company?
The median Days Payable among Construction companies is 76.67, based on 1,709 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. Bes Engineering Co's current Days Payable of 110.29 is 43.9% 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 Bes Engineering Co and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bes Engineering Co's current Days Payable is 110.29, which is near median its own 10-year median of 109.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bes Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Bes Engineering Co (TPE:2515) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.96, compared to a current price of NT$14.25 — trading 4.7% below its estimated fair value. The current Days Payable is 110.29, which is near median its 10-year median of 109.22 and 43.9% above the Construction industry median of 76.67. Bes Engineering Co's overall GF Score™ is 78/100 with 8 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 Bes Engineering Co (TPE:2515), the current Days Payable is 110.29 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 Bes Engineering Co (TPE:2515) Overvalued in 2026?
Based on GuruFocus' analysis, Bes Engineering Co stock appears to be undervalued.
The current stock price of NT$14.25 is trading 4.7% below its estimated GF Value™ of NT$14.96.
GuruFocus considers Bes Engineering Co to be Fairly Valued.
Key valuation signals for TPE:2515:
Days Payable: 110.29 (near median its 10-year median of 109.22)
GF Value™: NT$14.96 vs. price of NT$14.25 (4.7% below fair value)
Industry Position: 43.9% above the Construction median (#531 of 1709)
No single metric tells the full story. See the TPE:2515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bes Engineering Co engages mainly in civil engineering, building construction, real estate transactions, and the development of industrial districts for the government. Its construction engineering includes super high-rise buildings, high-end residences, department stores, office buildings, factories and offices, medical buildings, schools, gymnasiums, and large-scale community development.
78GF Score
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