Lung Ming Green Energy Technology Engineering Co (TPE:3018) Days Payable: 288.59 (As of Dec. 2025) — 159% Above Median


TPE:3018 Lung Ming Green Energy Technology Engineering Co Ltd TPE:3018
55 GF Score
Price NT$12.10
GF Value NT$8.00
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Lung Ming Green Energy Technology Engineering Co Days Payable?

Lung Ming Green Energy Technology Engineering Co TPE:3018 +0.41% 55 Days Payable is 288.59 as of Dec. 2025, which is 159% above its 10-year median of 111.49. GuruFocus rates TPE:3018 with a GF Score™ of 55/100 and a GF Value™ of NT$8.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,711 Construction companies, Lung Ming Green Energy Technology Engineering Co ranks better than 78.61% on this metric.

Lung Ming Green Energy Technology Engineering Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$255.6 Mil. Lung Ming Green Energy Technology Engineering Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$80.8 Mil. Hence, Lung Ming Green Energy Technology Engineering Co's Days Payable for the three months ended in Dec. 2025 was 288.59.

The historical rank and industry rank for Lung Ming Green Energy Technology Engineering Co's Days Payable or its related term are showing as below:

TPE:3018' s Days Payable Range Over the Past 10 Years
Min: 78.06   Med: 111.49   Max: 179.87
Current: 175.55

During the past 13 years, Lung Ming Green Energy Technology Engineering Co's highest Days Payable was 179.87. The lowest was 78.06. And the median was 111.49.

TPE:3018's Days Payable is ranked better than
78.61% of 1711 companies
in the Construction industry
Industry Median: 76.6 vs TPE:3018: 175.55

Lung Ming Green Energy Technology Engineering Co's Days Payable increased from Dec. 2024 (100.29) to Dec. 2025 (288.59). It may suggest that Lung Ming Green Energy Technology Engineering Co delayed paying its suppliers.


Lung Ming Green Energy Technology Engineering Co Days Payable Related Terms


Lung Ming Green Energy Technology Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lung Ming Green Energy Technology Engineering 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.

Lung Ming Green Energy Technology Engineering Co Days Payable Chart

Lung Ming Green Energy Technology Engineering 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 89.51 82.91 173.41 119.00 179.87

Lung Ming Green Energy Technology Engineering 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 100.29 121.11 247.99 138.96 288.59

TPE:3018 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Lung Ming Green Energy Technology Engineering 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.


Lung Ming Green Energy Technology Engineering Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Lung Ming Green Energy Technology Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lung Ming Green Energy Technology Engineering Co's Days Payable falls into.


TPE:3018
55GF Score
Lung Ming Green Energy Technology Engineering Co Ltd TPE:3018
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lung Ming Green Energy Technology Engineering 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.

Lung Ming Green Energy Technology Engineering 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
=( (247.732 + 241.951) / 2 ) / 496.847*365
=244.8415 / 496.847*365
=179.87

Lung Ming Green Energy Technology Engineering 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
=( (269.202 + 241.951) / 2 ) / 80.812*365 / 4
=255.5765 / 80.812*365 / 4
=288.59

* 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 288.59 mean?
Lung Ming Green Energy Technology Engineering Co (TPE:3018) has a Days Payable of 288.59 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 Lung Ming Green Energy Technology Engineering Co and its competitors. This is 159% above median its historical median of 111.49. Over the past decade, Lung Ming Green Energy Technology Engineering Co's Days Payable has ranged from 78.06 to 179.87. According to the industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #366 out of 1711 companies in the Construction industry, placing it in the top 21.4%.
Is Lung Ming Green Energy Technology Engineering Co's Days Payable too high?
Lung Ming Green Energy Technology Engineering Co's current Days Payable of 288.59 is 159% above median its 10-year median of 111.49. Over the past 10 years, this metric has ranged from a low of 78.06 to a high of 179.87. The Construction industry median Days Payable is 76.60. Lung Ming Green Energy Technology Engineering Co's value of 288.59 is 276.7% above this industry median. Based on the distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #366 out of 1711 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Lung Ming Green Energy Technology Engineering Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lung Ming Green Energy Technology Engineering Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #366 out of 1711 companies for Days Payable. This places Lung Ming Green Energy Technology Engineering Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.60. Lung Ming Green Energy Technology Engineering Co's value of 288.59 is 276.7% above this benchmark. Historically, Lung Ming Green Energy Technology Engineering Co's own Days Payable has ranged from 78.06 to 179.87 over the past decade. While the company's 10-year median is 111.49 vs. the industry median of 76.60, Lung Ming Green Energy Technology Engineering 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 76.60, based on 1,711 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. Lung Ming Green Energy Technology Engineering Co's current Days Payable of 288.59 is 276.7% 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 Lung Ming Green Energy Technology Engineering Co and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lung Ming Green Energy Technology Engineering Co's current Days Payable is 288.59, which is 159% above median its own 10-year median of 111.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Ming Green Energy Technology Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co (TPE:3018) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.00, compared to a current price of NT$12.10 — trading 51.3% above its estimated fair value. The current Days Payable is 288.59, which is 159% above median its 10-year median of 111.49 and 276.7% above the Construction industry median of 76.60. Lung Ming Green Energy Technology Engineering Co's overall GF Score™ is 55/100 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018), the current Days Payable is 288.59 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018) Overvalued in 2026?

Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co stock appears to be overvalued. The current stock price of NT$12.10 is trading 51.3% above its estimated GF Value™ of NT$8.00. GuruFocus considers Lung Ming Green Energy Technology Engineering Co to be Significantly Overvalued.

Key valuation signals for TPE:3018:

  • Days Payable: 288.59 (159% above median its 10-year median of 111.49)
  • GF Value™: NT$8.00 vs. price of NT$12.10 (51.3% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 276.7% above the Construction median (#366 of 1711)

No single metric tells the full story. See the TPE:3018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lung Ming Green Energy Technology Engineering Co Business Description

Address No. 602, Mingshui Road, 3rd Floor, Zhongshan District, Taipei, TWN
Lung Ming Green Energy Technology Engineering Co Ltd is principally engaged in mechanical and electrical system integration works, construction works, and waste disposal related to technology plants, industrial plants, and residences. The Company operates through the Engineering department, which generates maximum revenue, the Environmental Protection department, and the Other department.
55GF Score

Get the complete analysis for TPE:3018

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

NT$12.10
Price
NT$8.00
GF Value