Apex Science & Engineering (TPE:3052) Days Payable: 71.43 (As of Dec. 2025) — 27% Above Median


TPE:3052 Apex Science & Engineering Corp TPE:3052
65 GF Score
Price NT$11.00
GF Value NT$13.00
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Apex Science & Engineering Days Payable?

Apex Science & Engineering TPE:3052 -0.45% 65 Days Payable is 71.43 as of Dec. 2025, which is 27% above its 10-year median of 56.17. GuruFocus rates TPE:3052 with a GF Score™ of 65/100 and a GF Value™ of NT$13.00 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,709 Construction companies, Apex Science & Engineering ranks worse than 61.56% on this metric.

Apex Science & Engineering's average Accounts Payable for the three months ended in Dec. 2025 was NT$555 Mil. Apex Science & Engineering's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$709 Mil. Hence, Apex Science & Engineering's Days Payable for the three months ended in Dec. 2025 was 71.43.

The historical rank and industry rank for Apex Science & Engineering's Days Payable or its related term are showing as below:

TPE:3052' s Days Payable Range Over the Past 10 Years
Min: 33.19   Med: 56.17   Max: 185.02
Current: 60.43

During the past 13 years, Apex Science & Engineering's highest Days Payable was 185.02. The lowest was 33.19. And the median was 56.17.

TPE:3052's Days Payable is ranked worse than
61.56% of 1709 companies
in the Construction industry
Industry Median: 76.67 vs TPE:3052: 60.43

Apex Science & Engineering's Days Payable increased from Dec. 2024 (68.88) to Dec. 2025 (71.43). It may suggest that Apex Science & Engineering delayed paying its suppliers.


Apex Science & Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Apex Science & Engineering'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.

Apex Science & Engineering Days Payable Chart

Apex Science & Engineering 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 47.14 52.28 43.37 64.04 62.91

Apex Science & Engineering 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 68.88 61.00 42.47 73.39 71.43

TPE:3052 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Apex Science & Engineering'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.


Apex Science & Engineering Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Apex Science & Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Apex Science & Engineering's Days Payable falls into.


TPE:3052
65GF Score
Apex Science & Engineering Corp TPE:3052
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Science & Engineering 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.

Apex Science & Engineering'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
=( (426.549 + 604.089) / 2 ) / 2989.936*365
=515.319 / 2989.936*365
=62.91

Apex Science & Engineering'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
=( (505.666 + 604.089) / 2 ) / 708.811*365 / 4
=554.8775 / 708.811*365 / 4
=71.43

* 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 71.43 mean?
Apex Science & Engineering (TPE:3052) has a Days Payable of 71.43 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 Apex Science & Engineering and its competitors. This is 27% above median its historical median of 56.17. Over the past decade, Apex Science & Engineering's Days Payable has ranged from 33.19 to 185.02. According to the industry distribution chart, Apex Science & Engineering ranks #1052 out of 1709 companies in the Construction industry, placing it in the top 61.6%.
Is Apex Science & Engineering's Days Payable too high?
Apex Science & Engineering's current Days Payable of 71.43 is 27% above median its 10-year median of 56.17. Over the past 10 years, this metric has ranged from a low of 33.19 to a high of 185.02. The Construction industry median Days Payable is 76.67. Apex Science & Engineering's value of 71.43 is 6.8% below this industry median. Based on the distribution chart, Apex Science & Engineering ranks #1052 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, Apex Science & Engineering has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Science & Engineering's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Apex Science & Engineering ranks #1052 out of 1709 companies for Days Payable. This places Apex Science & Engineering in the lower half of its industry. The industry median Days Payable is 76.67. Apex Science & Engineering's value of 71.43 is 6.8% below this benchmark. Historically, Apex Science & Engineering's own Days Payable has ranged from 33.19 to 185.02 over the past decade. While the company's 10-year median is 56.17 vs. the industry median of 76.67, Apex Science & Engineering 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 76.67, 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. Apex Science & Engineering's current Days Payable of 71.43 is 6.8% 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 Apex Science & Engineering and its competitors. For the Construction industry, the median Days Payable is 76.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Science & Engineering's current Days Payable is 71.43, which is 27% above median its own 10-year median of 56.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Science & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Apex Science & Engineering (TPE:3052) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$13.00, compared to a current price of NT$11.00 — trading 15.4% below its estimated fair value. The current Days Payable is 71.43, which is 27% above median its 10-year median of 56.17 and 6.8% below the Construction industry median of 76.67. Apex Science & Engineering's overall GF Score™ is 65/100 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 Apex Science & Engineering (TPE:3052), the current Days Payable is 71.43 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 Apex Science & Engineering (TPE:3052) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Science & Engineering stock appears to be undervalued. The current stock price of NT$11.00 is trading 15.4% below its estimated GF Value™ of NT$13.00. GuruFocus considers Apex Science & Engineering to be Modestly Undervalued.

Key valuation signals for TPE:3052:

  • Days Payable: 71.43 (27% above median its 10-year median of 56.17)
  • GF Value™: NT$13.00 vs. price of NT$11.00 (15.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 6.8% below the Construction median (#1052 of 1709)

No single metric tells the full story. See the TPE:3052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex Science & Engineering Business Description

Address No. 112, Xinmin Street, 4th Floor, Zhonghe District, New Taipei, TWN, 235
Apex Science & Engineering Corp, and its subsidiaries, work on projects in mechanical engineering, instrument engineering, environment engineering, related electrical products manufacturing and sales, entrusted construction of factories, residential and commercial buildings, as well as development of special zones, etc.
65GF Score

Get the complete analysis for TPE:3052

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

NT$11.00
Price
NT$13.00
GF Value