Kedge Construction Co (TPE:2546) Days Payable: 81.18 (As of Dec. 2025) — 25% Below Median


TPE:2546 Kedge Construction Co Ltd TPE:2546
94 GF Score
Price NT$95.20
GF Value NT$116.94
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kedge Construction Co Days Payable?

Kedge Construction Co TPE:2546 +1.49% 94 Days Payable is 81.18 as of Dec. 2025, which is 25% below its 10-year median of 108.63. GuruFocus rates TPE:2546 with a GF Score™ of 94/100 and a GF Value™ of NT$116.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,709 Construction companies, Kedge Construction Co ranks better than 52.02% on this metric.

Kedge Construction Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$4,664 Mil. Kedge Construction Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$5,243 Mil. Hence, Kedge Construction Co's Days Payable for the three months ended in Dec. 2025 was 81.18.

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

TPE:2546' s Days Payable Range Over the Past 10 Years
Min: 80.78   Med: 108.63   Max: 150.34
Current: 80.78

During the past 13 years, Kedge Construction Co's highest Days Payable was 150.34. The lowest was 80.78. And the median was 108.63.

TPE:2546's Days Payable is ranked better than
52.02% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs TPE:2546: 80.78

Kedge Construction Co's Days Payable declined from Dec. 2024 (99.86) to Dec. 2025 (81.18). It may suggest that Kedge Construction Co accelerated paying its suppliers.


Kedge Construction Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kedge Construction 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.

Kedge Construction Co Days Payable Chart

Kedge Construction 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 150.34 123.57 126.62 123.09 82.27

Kedge Construction 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 99.86 102.20 76.10 69.92 81.18

TPE:2546 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Kedge Construction 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.


Kedge Construction Co Days Payable vs Construction Industry

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

* The bar in red indicates where Kedge Construction Co's Days Payable falls into.


TPE:2546
94GF Score
Kedge Construction Co Ltd TPE:2546
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kedge Construction 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.

Kedge Construction 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
=( (4231.645 + 4632.511) / 2 ) / 19662.396*365
=4432.078 / 19662.396*365
=82.27

Kedge Construction 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
=( (4695.358 + 4632.511) / 2 ) / 5242.526*365 / 4
=4663.9345 / 5242.526*365 / 4
=81.18

* 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 81.18 mean?
Kedge Construction Co (TPE:2546) has a Days Payable of 81.18 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 Kedge Construction Co and its competitors. This is 25% below median its historical median of 108.63. Over the past decade, Kedge Construction Co's Days Payable has ranged from 80.78 to 150.34. According to the industry distribution chart, Kedge Construction Co ranks #820 out of 1709 companies in the Construction industry, placing it in the top 48%.
Is Kedge Construction Co's Days Payable too high?
Kedge Construction Co's current Days Payable of 81.18 is 25% below median its 10-year median of 108.63. Over the past 10 years, this metric has ranged from a low of 80.78 to a high of 150.34. The Construction industry median Days Payable is 76.72. Kedge Construction Co's value of 81.18 is 5.8% above this industry median. Based on the distribution chart, Kedge Construction Co ranks #820 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, Kedge Construction Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kedge Construction Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Kedge Construction Co ranks #820 out of 1709 companies for Days Payable. This puts Kedge Construction Co in the upper half of its industry. The industry median Days Payable is 76.72. Kedge Construction Co's value of 81.18 is 5.8% above this benchmark. Historically, Kedge Construction Co's own Days Payable has ranged from 80.78 to 150.34 over the past decade. While the company's 10-year median is 108.63 vs. the industry median of 76.72, Kedge Construction 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 76.72, 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. Kedge Construction Co's current Days Payable of 81.18 is 5.8% 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 Kedge Construction Co and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kedge Construction Co's current Days Payable is 81.18, which is 25% below median its own 10-year median of 108.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kedge Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Kedge Construction Co (TPE:2546) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$116.94, compared to a current price of NT$95.20 — trading 18.6% below its estimated fair value. The current Days Payable is 81.18, which is 25% below median its 10-year median of 108.63 and 5.8% above the Construction industry median of 76.72. Kedge Construction Co's overall GF Score™ is 94/100 with 3 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 Kedge Construction Co (TPE:2546), the current Days Payable is 81.18 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 Kedge Construction Co (TPE:2546) Overvalued in 2026?

Based on GuruFocus' analysis, Kedge Construction Co stock appears to be undervalued. The current stock price of NT$95.20 is trading 18.6% below its estimated GF Value™ of NT$116.94. GuruFocus considers Kedge Construction Co to be Modestly Undervalued.

Key valuation signals for TPE:2546:

  • Days Payable: 81.18 (25% below median its 10-year median of 108.63)
  • GF Value™: NT$116.94 vs. price of NT$95.20 (18.6% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 5.8% above the Construction median (#820 of 1709)

No single metric tells the full story. See the TPE:2546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kedge Construction Co Business Description

Address Heping E. Road, Section 3, 6th Floor, Number 131, Taipei, TWN
Kedge Construction Co Ltd operates in the contracting business of residential property and public construction. The projects of the company are in areas of Collective Housing, Department Store, Institutional School, Technology Factory Office, Biotech Medical, and Civil Engineering. The company's reportable operating segment only is the construction segment.
94GF Score

Get the complete analysis for TPE:2546

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

NT$95.20
Price
NT$116.94
GF Value