Kung Sing Engineering (TPE:5521) Days Payable: 74.77 (As of Dec. 2025) — 25% Above Median


TPE:5521 Kung Sing Engineering Corp TPE:5521
72 GF Score
Price NT$10.60
GF Value NT$16.53
Valuation Possible Value Trap
! 7 Warning Signs
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What is Kung Sing Engineering Days Payable?

Kung Sing Engineering TPE:5521 72 Days Payable is 74.77 as of Dec. 2025, which is 25% above its 10-year median of 59.79. GuruFocus rates TPE:5521 with a GF Score™ of 72/100 and a GF Value™ of NT$16.53 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,712 Construction companies, Kung Sing Engineering ranks worse than 58.41% on this metric.

Kung Sing Engineering's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,525 Mil. Kung Sing Engineering's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,862 Mil. Hence, Kung Sing Engineering's Days Payable for the three months ended in Dec. 2025 was 74.77.

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

TPE:5521' s Days Payable Range Over the Past 10 Years
Min: 44.8   Med: 59.79   Max: 86.74
Current: 63.48

During the past 13 years, Kung Sing Engineering's highest Days Payable was 86.74. The lowest was 44.80. And the median was 59.79.

TPE:5521's Days Payable is ranked worse than
58.41% of 1712 companies
in the Construction industry
Industry Median: 76.635 vs TPE:5521: 63.48

Kung Sing Engineering's Days Payable increased from Dec. 2024 (63.05) to Dec. 2025 (74.77). It may suggest that Kung Sing Engineering delayed paying its suppliers.


Kung Sing Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Kung Sing 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.

Kung Sing Engineering Days Payable Chart

Kung Sing 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 70.59 46.76 48.93 56.32 60.31

Kung Sing 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 63.05 59.40 55.66 70.14 74.77

TPE:5521 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Kung Sing 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.


Kung Sing Engineering Days Payable vs Construction Industry

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

* The bar in red indicates where Kung Sing Engineering's Days Payable falls into.


TPE:5521
72GF Score
Kung Sing Engineering Corp TPE:5521
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kung Sing 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.

Kung Sing 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
=( (1242.846 + 1543.485) / 2 ) / 8431.415*365
=1393.1655 / 8431.415*365
=60.31

Kung Sing 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
=( (1507.211 + 1543.485) / 2 ) / 1861.662*365 / 4
=1525.348 / 1861.662*365 / 4
=74.77

* 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 74.77 mean?
Kung Sing Engineering (TPE:5521) has a Days Payable of 74.77 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 Kung Sing Engineering and its competitors. This is 25% above median its historical median of 59.79. Over the past decade, Kung Sing Engineering's Days Payable has ranged from 44.80 to 86.74. According to the industry distribution chart, Kung Sing Engineering ranks #1000 out of 1712 companies in the Construction industry, placing it in the top 58.4%.
Is Kung Sing Engineering's Days Payable too high?
Kung Sing Engineering's current Days Payable of 74.77 is 25% above median its 10-year median of 59.79. Over the past 10 years, this metric has ranged from a low of 44.80 to a high of 86.74. The Construction industry median Days Payable is 76.64. Kung Sing Engineering's value of 74.77 is 2.4% below this industry median. Based on the distribution chart, Kung Sing Engineering ranks #1000 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, Kung Sing Engineering has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kung Sing Engineering's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Kung Sing Engineering ranks #1000 out of 1712 companies for Days Payable. This places Kung Sing Engineering in the lower half of its industry. The industry median Days Payable is 76.64. Kung Sing Engineering's value of 74.77 is 2.4% below this benchmark. Historically, Kung Sing Engineering's own Days Payable has ranged from 44.80 to 86.74 over the past decade. While the company's 10-year median is 59.79 vs. the industry median of 76.64, Kung Sing 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 76.64, based on 1,712 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. Kung Sing Engineering's current Days Payable of 74.77 is 2.4% 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 Kung Sing Engineering and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kung Sing Engineering's current Days Payable is 74.77, which is 25% above median its own 10-year median of 59.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kung Sing Engineering stock overvalued right now?
Based on GuruFocus' analysis, Kung Sing Engineering (TPE:5521) is currently considered Possible Value Trap. The stock's GF Value™ is NT$16.53, compared to a current price of NT$10.60 — trading 35.9% below its estimated fair value. The current Days Payable is 74.77, which is 25% above median its 10-year median of 59.79 and 2.4% below the Construction industry median of 76.64. Kung Sing Engineering's overall GF Score™ is 72/100 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 Kung Sing Engineering (TPE:5521), the current Days Payable is 74.77 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 Kung Sing Engineering (TPE:5521) Overvalued in 2026?

Based on GuruFocus' analysis, Kung Sing Engineering stock appears to be undervalued. The current stock price of NT$10.60 is trading 35.9% below its estimated GF Value™ of NT$16.53. GuruFocus considers Kung Sing Engineering to be Possible Value Trap.

Key valuation signals for TPE:5521:

  • Days Payable: 74.77 (25% above median its 10-year median of 59.79)
  • GF Value™: NT$16.53 vs. price of NT$10.60 (35.9% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 2.4% below the Construction median (#1000 of 1712)

No single metric tells the full story. See the TPE:5521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kung Sing Engineering Business Description

Address No. 102, Civic Boulevard, 8th Floor, Section 4, Daan District, Taipei, TWN, 106
Kung Sing Engineering Corp is engaged in civil engineering and construction projects. It constructs highways, tunnels, bridges, mass transportation systems, schools, as well as residential and commercial buildings. The main business activities of the Company are the construction and repair of roads and bridges.
72GF Score

Get the complete analysis for TPE:5521

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

NT$10.60
Price
NT$16.53
GF Value