Hong Pu Real Estate Development Co (TPE:2536) Days Payable: 75.07 (As of Mar. 2026) — 64% Above Median

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TPE:2536 Hong Pu Real Estate Development Co Ltd TPE:2536
60 GF Score
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What is Hong Pu Real Estate Development Co Days Payable?

Hong Pu Real Estate Development Co TPE:2536 -0.82% 60 Days Payable is 75.07 as of Mar. 2026, which is 64% above its 10-year median of 45.86. GuruFocus rates TPE:2536 with a GF Score™ of 60/100. The stock has 6 warning signs investors should review. Among 1,568 Real Estate companies, Hong Pu Real Estate Development Co ranks worse than 85.01% on this metric.

Hong Pu Real Estate Development Co's average Accounts Payable for the three months ended in Mar. 2026 was NT$565 Mil. Hong Pu Real Estate Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$687 Mil. Hence, Hong Pu Real Estate Development Co's Days Payable for the three months ended in Mar. 2026 was 75.07.

The historical rank and industry rank for Hong Pu Real Estate Development Co's Days Payable or its related term are showing as below:

TPE:2536' s Days Payable Range Over the Past 10 Years
Min: 18.83   Med: 45.86   Max: 171.21
Current: 23.67

During the past 13 years, Hong Pu Real Estate Development Co's highest Days Payable was 171.21. The lowest was 18.83. And the median was 45.86.

TPE:2536's Days Payable is ranked worse than
85.01% of 1568 companies
in the Real Estate industry
Industry Median: 94.205 vs TPE:2536: 23.67

Hong Pu Real Estate Development Co's Days Payable increased from Mar. 2025 (64.62) to Mar. 2026 (75.07). It may suggest that Hong Pu Real Estate Development Co delayed paying its suppliers.


Hong Pu Real Estate Development Co Days Payable Related Terms


Hong Pu Real Estate Development Co Days Payable Historical Data

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The historical data trend for Hong Pu Real Estate Development 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.

Hong Pu Real Estate Development Co Days Payable Chart

Hong Pu Real Estate Development 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 171.21 135.88 38.65 79.40 23.32

Hong Pu Real Estate Development Co 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 64.62 19.95 126.18 10.60 75.07

Hong Pu Real Estate Development Co Days Payable Competitor Comparison

For the Real Estate - Development subindustry, Hong Pu Real Estate Development 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.


Hong Pu Real Estate Development Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Pu Real Estate Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hong Pu Real Estate Development Co's Days Payable falls into.


TPE:2536
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Hong Pu Real Estate Development Co Ltd TPE:2536
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Hong Pu Real Estate Development 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.

Hong Pu Real Estate Development 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
=( (498.466 + 556.48) / 2 ) / 8255.39*365
=527.473 / 8255.39*365
=23.32

Hong Pu Real Estate Development Co'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
=( (556.48 + 573.892) / 2 ) / 686.992*365 / 4
=565.186 / 686.992*365 / 4
=75.07

* 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 75.07 mean?
Hong Pu Real Estate Development Co (TPE:2536) has a Days Payable of 75.07 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 Hong Pu Real Estate Development Co and its competitors. This is 64% above median its historical median of 45.86. Over the past decade, Hong Pu Real Estate Development Co's Days Payable has ranged from 18.83 to 171.21. According to the industry distribution chart, Hong Pu Real Estate Development Co ranks #1333 out of 1568 companies in the Real Estate industry, placing it in the top 85%.
Is Hong Pu Real Estate Development Co's Days Payable too high?
Hong Pu Real Estate Development Co's current Days Payable of 75.07 is 64% above median its 10-year median of 45.86. Over the past 10 years, this metric has ranged from a low of 18.83 to a high of 171.21. The Real Estate industry median Days Payable is 94.21. Hong Pu Real Estate Development Co's value of 75.07 is 20.3% below this industry median. Based on the distribution chart, Hong Pu Real Estate Development Co ranks #1333 out of 1568 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Hong Pu Real Estate Development Co has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Hong Pu Real Estate Development Co's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Hong Pu Real Estate Development Co ranks #1333 out of 1568 companies for Days Payable. This places Hong Pu Real Estate Development Co in the lower half of its industry. The industry median Days Payable is 94.21. Hong Pu Real Estate Development Co's value of 75.07 is 20.3% below this benchmark. Historically, Hong Pu Real Estate Development Co's own Days Payable has ranged from 18.83 to 171.21 over the past decade. While the company's 10-year median is 45.86 vs. the industry median of 94.21, Hong Pu Real Estate Development 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 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. Hong Pu Real Estate Development Co's current Days Payable of 75.07 is 20.3% 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 Hong Pu Real Estate Development Co and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Pu Real Estate Development Co's current Days Payable is 75.07, which is 64% above median its own 10-year median of 45.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Pu Real Estate Development Co stock overvalued right now?
Hong Pu Real Estate Development Co (TPE:2536) has a current Days Payable of 75.07. The current Days Payable is 75.07, which is 64% above median its 10-year median of 45.86 and 20.3% below the Real Estate industry median of 94.21. Hong Pu Real Estate Development Co's overall GF Score™ is 60/100 with 6 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 Hong Pu Real Estate Development Co (TPE:2536), the current Days Payable is 75.07 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.

Hong Pu Real Estate Development Co Business Description

Address Dunhua S. Road, No. 19, Section 2, 9th Floor, Da’an District, Taipei, TWN
Hong Pu Real Estate Development Co Ltd is engaged in the business of construction, sales, and leasing of residential and commercial buildings. Its key business activities include the construction of public housing and commercial buildings through commissioned contractors, as well as leasing operations. The Group generates maximum revenue from the sale of land and buildings. Geographically, it derives all of its revenue from Taiwan.
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