Hwang Chang General Contractor Co (TPE:2543) Days Payable: 74.32 (As of Dec. 2025) — 31% Below Median

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TPE:2543 Hwang Chang General Contractor Co Ltd TPE:2543
80 GF Score
Price NT$39.55
GF Value NT$33.50
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hwang Chang General Contractor Co Days Payable?

Hwang Chang General Contractor Co TPE:2543 +2.20% 80 Days Payable is 74.32 as of Dec. 2025, which is 31% below its 10-year median of 107.30. GuruFocus rates TPE:2543 with a GF Score™ of 80/100 and a GF Value™ of NT$33.50 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,716 Construction companies, Hwang Chang General Contractor Co ranks better than 54.72% on this metric.

Hwang Chang General Contractor Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,470 Mil. Hwang Chang General Contractor Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$3,033 Mil. Hence, Hwang Chang General Contractor Co's Days Payable for the three months ended in Dec. 2025 was 74.32.

The historical rank and industry rank for Hwang Chang General Contractor Co's Days Payable or its related term are showing as below:

TPE:2543' s Days Payable Range Over the Past 10 Years
Min: 84.6   Med: 107.3   Max: 143.53
Current: 84.6

During the past 13 years, Hwang Chang General Contractor Co's highest Days Payable was 143.53. The lowest was 84.60. And the median was 107.30.

TPE:2543's Days Payable is ranked better than
54.72% of 1716 companies
in the Construction industry
Industry Median: 76.5 vs TPE:2543: 84.60

Hwang Chang General Contractor Co's Days Payable declined from Dec. 2024 (93.52) to Dec. 2025 (74.32). It may suggest that Hwang Chang General Contractor Co accelerated paying its suppliers.


Hwang Chang General Contractor Co Days Payable Related Terms


Hwang Chang General Contractor Co Days Payable Historical Data

* Premium members only.

The historical data trend for Hwang Chang General Contractor 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.

Hwang Chang General Contractor Co Days Payable Chart

Hwang Chang General Contractor 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 106.15 108.44 88.64 96.64 94.91

Hwang Chang General Contractor 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 93.52 97.48 87.99 74.29 74.32

TPE:2543 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Hwang Chang General Contractor 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.


Hwang Chang General Contractor Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Hwang Chang General Contractor Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hwang Chang General Contractor Co's Days Payable falls into.


TPE:2543
80GF Score
Hwang Chang General Contractor Co Ltd TPE:2543
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hwang Chang General Contractor 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.

Hwang Chang General Contractor 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
=( (2229.6 + 2775.916) / 2 ) / 9624.75*365
=2502.758 / 9624.75*365
=94.91

Hwang Chang General Contractor 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
=( (2164.439 + 2775.916) / 2 ) / 3032.829*365 / 4
=2470.1775 / 3032.829*365 / 4
=74.32

* 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 74.32 mean?
Hwang Chang General Contractor Co (TPE:2543) has a Days Payable of 74.32 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 Hwang Chang General Contractor Co and its competitors. This is 31% below median its historical median of 107.30. Over the past decade, Hwang Chang General Contractor Co's Days Payable has ranged from 84.60 to 143.53. According to the industry distribution chart, Hwang Chang General Contractor Co ranks #777 out of 1716 companies in the Construction industry, placing it in the top 45.3%.
Is Hwang Chang General Contractor Co's Days Payable too high?
Hwang Chang General Contractor Co's current Days Payable of 74.32 is 31% below median its 10-year median of 107.30. Over the past 10 years, this metric has ranged from a low of 84.60 to a high of 143.53. The Construction industry median Days Payable is 76.50. Hwang Chang General Contractor Co's value of 74.32 is 2.8% below this industry median. Based on the distribution chart, Hwang Chang General Contractor Co ranks #777 out of 1716 companies in the Construction industry, which is above the industry midpoint. Overall, Hwang Chang General Contractor Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hwang Chang General Contractor Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Hwang Chang General Contractor Co ranks #777 out of 1716 companies for Days Payable. This puts Hwang Chang General Contractor Co in the upper half of its industry. The industry median Days Payable is 76.50. Hwang Chang General Contractor Co's value of 74.32 is 2.8% below this benchmark. Historically, Hwang Chang General Contractor Co's own Days Payable has ranged from 84.60 to 143.53 over the past decade. While the company's 10-year median is 107.30 vs. the industry median of 76.50, Hwang Chang General Contractor 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 Construction company?
The median Days Payable among Construction companies is 76.50, based on 1,716 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. Hwang Chang General Contractor Co's current Days Payable of 74.32 is 2.8% 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 Hwang Chang General Contractor Co and its competitors. For the Construction industry, the median Days Payable is 76.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwang Chang General Contractor Co's current Days Payable is 74.32, which is 31% below median its own 10-year median of 107.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwang Chang General Contractor Co stock overvalued right now?
Based on GuruFocus' analysis, Hwang Chang General Contractor Co (TPE:2543) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$33.50, compared to a current price of NT$39.55 — trading 18.1% above its estimated fair value. The current Days Payable is 74.32, which is 31% below median its 10-year median of 107.30 and 2.8% below the Construction industry median of 76.50. Hwang Chang General Contractor Co's overall GF Score™ is 80/100 with 5 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 Hwang Chang General Contractor Co (TPE:2543), the current Days Payable is 74.32 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 Hwang Chang General Contractor Co (TPE:2543) Overvalued in 2026?

Based on GuruFocus' analysis, Hwang Chang General Contractor Co stock appears to be overvalued. The current stock price of NT$39.55 is trading 18.1% above its estimated GF Value™ of NT$33.50. GuruFocus considers Hwang Chang General Contractor Co to be Modestly Overvalued.

Key valuation signals for TPE:2543:

  • Days Payable: 74.32 (31% below median its 10-year median of 107.30)
  • GF Value™: NT$33.50 vs. price of NT$39.55 (18.1% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 2.8% below the Construction median (#777 of 1716)

No single metric tells the full story. See the TPE:2543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwang Chang General Contractor Co Business Description

Address Tanmei Street, No. 539, 23rd Floor, Neihu District, Taipei, TWN, 114
Hwang Chang General Contractor Co Ltd is mainly engaged in the contracting business of civil engineering projects. It undertakes projects like the construction of bridges, metro stations, parking lots, residential complexes, highways, etc. The company's reportable segments are Construction and Concrete. A majority of its revenue is generated from the Construction segment, which is mainly engaged in the contracting business of civil engineering projects. The Concrete segment is mainly engaged in the manufacturing and selling business of ready-mix concrete.
80GF Score

Get the complete analysis for TPE:2543

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

NT$39.55
Price
NT$33.50
GF Value