Sino Horizon HoldingsTPE:2923 +0.56%55 Days Payable is 75.86 as of Dec. 2025, which is 17% below its 10-year median of 91.95. GuruFocus rates TPE:2923 with a GF Score™ of 55/100 and a GF Value™ of NT$15.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,568 Real Estate companies, Sino Horizon Holdings ranks better than 53.51% on this metric.
Sino Horizon Holdings Days Payable Historical Data
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The historical data trend for Sino Horizon Holdings'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.
Sino Horizon Holdings Days Payable Competitor Comparison
For the Real Estate - Development subindustry, Sino Horizon Holdings'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.
Sino Horizon Holdings Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sino Horizon Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Sino Horizon Holdings'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.
Sino Horizon Holdings'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.
Sino Horizon Holdings (TPE:2923) has a Days Payable of 75.86 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 Sino Horizon Holdings and its competitors. This is 17% below median its historical median of 91.95. Over the past decade, Sino Horizon Holdings' Days Payable has ranged from 31.21 to 206.54. According to the industry distribution chart, Sino Horizon Holdings ranks #729 out of 1568 companies in the Real Estate industry, placing it in the top 46.5%.
Is Sino Horizon Holdings' Days Payable too high?
Sino Horizon Holdings' current Days Payable of 75.86 is 17% below median its 10-year median of 91.95. Over the past 10 years, this metric has ranged from a low of 31.21 to a high of 206.54. The Real Estate industry median Days Payable is 94.38. Sino Horizon Holdings' value of 75.86 is 19.6% below this industry median. Based on the distribution chart, Sino Horizon Holdings ranks #729 out of 1568 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sino Horizon Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sino Horizon Holdings' Days Payable compare to competitors?
According to the Real Estate industry distribution chart, Sino Horizon Holdings ranks #729 out of 1568 companies for Days Payable. This puts Sino Horizon Holdings in the upper half of its industry. The industry median Days Payable is 94.38. Sino Horizon Holdings' value of 75.86 is 19.6% below this benchmark. Historically, Sino Horizon Holdings' own Days Payable has ranged from 31.21 to 206.54 over the past decade. While the company's 10-year median is 91.95 vs. the industry median of 94.38, Sino Horizon Holdings 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 94.38, 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. Sino Horizon Holdings's current Days Payable of 75.86 is 19.6% 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 Sino Horizon Holdings and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino Horizon Holdings's current Days Payable is 75.86, which is 17% below median its own 10-year median of 91.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Horizon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sino Horizon Holdings (TPE:2923) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.11, compared to a current price of NT$27.05 — trading 79% above its estimated fair value. The current Days Payable is 75.86, which is 17% below median its 10-year median of 91.95 and 19.6% below the Real Estate industry median of 94.38. Sino Horizon Holdings' overall GF Score™ is 55/100 with 7 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 Sino Horizon Holdings (TPE:2923), the current Days Payable is 75.86 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 Sino Horizon Holdings (TPE:2923) Overvalued in 2026?
Based on GuruFocus' analysis, Sino Horizon Holdings stock appears to be overvalued.
The current stock price of NT$27.05 is trading 79% above its estimated GF Value™ of NT$15.11.
GuruFocus considers Sino Horizon Holdings to be Significantly Overvalued.
Key valuation signals for TPE:2923:
Days Payable: 75.86 (17% below median its 10-year median of 91.95)
GF Value™: NT$15.11 vs. price of NT$27.05 (79% above fair value)
Industry Position: 19.6% below the Real Estate median (#729 of 1568)
No single metric tells the full story. See the TPE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sino Horizon Holdings Ltd provides real estate development services. The company manages, sells, leases, and develops real estate businesses in China. Its reportable segments include real-estate sales, commercial leasing, property management, and others. The company derives the maximum revenue from the real-estate sales segment. Geographically, it operates in Mainland China and Taiwan.
55GF Score
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