Formosa International Hotels (TPE:2707) Days Payable: 18.03 (As of Dec. 2025) — 24% Below Median


TPE:2707 Formosa International Hotels Corp TPE:2707
91 GF Score
Price NT$182.00
GF Value NT$217.49
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Formosa International Hotels Days Payable?

Formosa International Hotels TPE:2707 +1.11% 91 Days Payable is 18.03 as of Dec. 2025, which is 24% below its 10-year median of 23.74. GuruFocus rates TPE:2707 with a GF Score™ of 91/100 and a GF Value™ of NT$217.49 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 780 Travel & Leisure companies, Formosa International Hotels ranks worse than 84.74% on this metric.

Formosa International Hotels's average Accounts Payable for the three months ended in Dec. 2025 was NT$236 Mil. Formosa International Hotels's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,194 Mil. Hence, Formosa International Hotels's Days Payable for the three months ended in Dec. 2025 was 18.03.

The historical rank and industry rank for Formosa International Hotels's Days Payable or its related term are showing as below:

TPE:2707' s Days Payable Range Over the Past 10 Years
Min: 18.25   Med: 23.74   Max: 24.99
Current: 18.25

During the past 13 years, Formosa International Hotels's highest Days Payable was 24.99. The lowest was 18.25. And the median was 23.74.

TPE:2707's Days Payable is ranked worse than
84.74% of 780 companies
in the Travel & Leisure industry
Industry Median: 57.05 vs TPE:2707: 18.25

Formosa International Hotels's Days Payable increased from Dec. 2024 (17.56) to Dec. 2025 (18.03). It may suggest that Formosa International Hotels delayed paying its suppliers.


Formosa International Hotels Days Payable Historical Data

* Premium members only.

The historical data trend for Formosa International Hotels'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.

Formosa International Hotels Days Payable Chart

Formosa International Hotels 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 24.77 24.68 22.88 21.14 20.15

Formosa International Hotels 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 17.56 17.94 18.31 16.81 18.03

TPE:2707 vs MAR, HLT, H: Days Payable Comparison

For the Lodging subindustry, Formosa International Hotels'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.


Formosa International Hotels Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Formosa International Hotels's Days Payable distribution charts can be found below:

* The bar in red indicates where Formosa International Hotels's Days Payable falls into.


TPE:2707
91GF Score
Formosa International Hotels Corp TPE:2707
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa International Hotels 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.

Formosa International Hotels'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
=( (247.363 + 260.587) / 2 ) / 4601.12*365
=253.975 / 4601.12*365
=20.15

Formosa International Hotels'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
=( (211.262 + 260.587) / 2 ) / 1194.189*365 / 4
=235.9245 / 1194.189*365 / 4
=18.03

* 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 18.03 mean?
Formosa International Hotels (TPE:2707) has a Days Payable of 18.03 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 Formosa International Hotels and its competitors. This is 24% below median its historical median of 23.74. Over the past decade, Formosa International Hotels' Days Payable has ranged from 18.25 to 24.99. According to the industry distribution chart, Formosa International Hotels ranks #661 out of 780 companies in the Travel & Leisure industry, placing it in the top 84.7%.
Is Formosa International Hotels' Days Payable too high?
Formosa International Hotels' current Days Payable of 18.03 is 24% below median its 10-year median of 23.74. Over the past 10 years, this metric has ranged from a low of 18.25 to a high of 24.99. The Travel & Leisure industry median Days Payable is 57.05. Formosa International Hotels' value of 18.03 is 68.4% below this industry median. Based on the distribution chart, Formosa International Hotels ranks #661 out of 780 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Formosa International Hotels has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formosa International Hotels' Days Payable compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Formosa International Hotels ranks #661 out of 780 companies for Days Payable. This places Formosa International Hotels in the lower half of its industry. The industry median Days Payable is 57.05. Formosa International Hotels' value of 18.03 is 68.4% below this benchmark. Historically, Formosa International Hotels' own Days Payable has ranged from 18.25 to 24.99 over the past decade. While the company's 10-year median is 23.74 vs. the industry median of 57.05, Formosa International Hotels 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 Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.05, based on 780 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. Formosa International Hotels's current Days Payable of 18.03 is 68.4% 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 Formosa International Hotels and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa International Hotels's current Days Payable is 18.03, which is 24% below median its own 10-year median of 23.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa International Hotels stock overvalued right now?
Based on GuruFocus' analysis, Formosa International Hotels (TPE:2707) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$217.49, compared to a current price of NT$182.00 — trading 16.3% below its estimated fair value. The current Days Payable is 18.03, which is 24% below median its 10-year median of 23.74 and 68.4% below the Travel & Leisure industry median of 57.05. Formosa International Hotels' overall GF Score™ is 91/100 with 2 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 Formosa International Hotels (TPE:2707), the current Days Payable is 18.03 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 Formosa International Hotels (TPE:2707) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa International Hotels stock appears to be undervalued. The current stock price of NT$182.00 is trading 16.3% below its estimated GF Value™ of NT$217.49. GuruFocus considers Formosa International Hotels to be Modestly Undervalued.

Key valuation signals for TPE:2707:

  • Days Payable: 18.03 (24% below median its 10-year median of 23.74)
  • GF Value™: NT$217.49 vs. price of NT$182.00 (16.3% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 68.4% below the Travel & Leisure median (#661 of 780)

No single metric tells the full story. See the TPE:2707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa International Hotels Business Description

Address No. 3, Lane 39, Chung-Shan North Road, Section 2, 1-20th Floor, Taipei, TWN
Formosa International Hotels Corp is engaged in the operation of international tourist hotels. The Group also operates Chinese and Western restaurants, cafes, bars, conference halls, and related facilities, and provides consulting services for hotel management as well as consultation and diagnostic analysis for various types of leisure industry facilities. Its operations are organized into four business segments: Room/Accommodation, Food and Beverage, Rental, and Operation Management. The Group's revenue is mainly derived from its hotel and restaurant operations.
91GF Score

Get the complete analysis for TPE:2707

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

NT$182.00
Price
NT$217.49
GF Value