Shining Building Business Co (TPE:5531) Days Payable: 3,132.31 (As of Dec. 2025) — 1363% Above Median


TPE:5531 Shining Building Business Co Ltd TPE:5531
41 GF Score
Price NT$7.95
GF Value NT$3.07
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Shining Building Business Co Days Payable?

Shining Building Business Co TPE:5531 +0.51% 41 Days Payable is 3,132.31 as of Dec. 2025, which is 1363% above its 10-year median of 214.11. GuruFocus rates TPE:5531 with a GF Score™ of 41/100 and a GF Value™ of NT$3.07 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,712 Construction companies, Shining Building Business Co ranks better than 98.77% on this metric.

Shining Building Business Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$4,129 Mil. Shining Building Business Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$120 Mil. Hence, Shining Building Business Co's Days Payable for the three months ended in Dec. 2025 was 3,132.31.

The historical rank and industry rank for Shining Building Business Co's Days Payable or its related term are showing as below:

TPE:5531' s Days Payable Range Over the Past 10 Years
Min: 111.02   Med: 214.11   Max: 1964.08
Current: 1928.21

During the past 13 years, Shining Building Business Co's highest Days Payable was 1964.08. The lowest was 111.02. And the median was 214.11.

TPE:5531's Days Payable is ranked better than
98.77% of 1712 companies
in the Construction industry
Industry Median: 76.695 vs TPE:5531: 1928.21

Shining Building Business Co's Days Payable increased from Dec. 2024 (213.60) to Dec. 2025 (3,132.31). It may suggest that Shining Building Business Co delayed paying its suppliers.


Shining Building Business Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shining Building Business 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.

Shining Building Business Co Days Payable Chart

Shining Building Business 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 232.66 1,290.02 609.15 577.57 1,964.08

Shining Building Business 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 213.60 3,414.61 3,348.33 816.63 3,132.31

TPE:5531 vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Shining Building Business 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.


Shining Building Business Co Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Shining Building Business Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shining Building Business Co's Days Payable falls into.


TPE:5531
41GF Score
Shining Building Business Co Ltd TPE:5531
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shining Building Business 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.

Shining Building Business 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
=( (4700.289 + 4235.191) / 2 ) / 830.274*365
=4467.74 / 830.274*365
=1,964.08

Shining Building Business 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
=( (4022.379 + 4235.191) / 2 ) / 120.279*365 / 4
=4128.785 / 120.279*365 / 4
=3,132.31

* 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 3,132.31 mean?
Shining Building Business Co (TPE:5531) has a Days Payable of 3,132.31 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 Shining Building Business Co and its competitors. This is 1363% above median its historical median of 214.11. Over the past decade, Shining Building Business Co's Days Payable has ranged from 111.02 to 1,964.08. According to the industry distribution chart, Shining Building Business Co ranks #21 out of 1712 companies in the Construction industry, placing it in the top 1.2%.
Is Shining Building Business Co's Days Payable too high?
Shining Building Business Co's current Days Payable of 3,132.31 is 1363% above median its 10-year median of 214.11. Over the past 10 years, this metric has ranged from a low of 111.02 to a high of 1,964.08. The Construction industry median Days Payable is 76.70. Shining Building Business Co's value of 3,132.31 is 3984.1% above this industry median. Based on the distribution chart, Shining Building Business Co ranks #21 out of 1712 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shining Building Business Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shining Building Business Co's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Shining Building Business Co ranks #21 out of 1712 companies for Days Payable. This places Shining Building Business Co in the top 1% of its industry — outperforming the majority of peers. The industry median Days Payable is 76.70. Shining Building Business Co's value of 3,132.31 is 3984.1% above this benchmark. Historically, Shining Building Business Co's own Days Payable has ranged from 111.02 to 1,964.08 over the past decade. While the company's 10-year median is 214.11 vs. the industry median of 76.70, Shining Building Business 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 76.70, 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. Shining Building Business Co's current Days Payable of 3,132.31 is 3984.1% 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 Shining Building Business Co and its competitors. For the Construction industry, the median Days Payable is 76.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Building Business Co's current Days Payable is 3,132.31, which is 1363% above median its own 10-year median of 214.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Building Business Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Building Business Co (TPE:5531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.07, compared to a current price of NT$7.95 — trading 159% above its estimated fair value. The current Days Payable is 3,132.31, which is 1363% above median its 10-year median of 214.11 and 3984.1% above the Construction industry median of 76.70. Shining Building Business Co's overall GF Score™ is 41/100 with 9 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 Shining Building Business Co (TPE:5531), the current Days Payable is 3,132.31 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 Shining Building Business Co (TPE:5531) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Building Business Co stock appears to be overvalued. The current stock price of NT$7.95 is trading 159% above its estimated GF Value™ of NT$3.07. GuruFocus considers Shining Building Business Co to be Significantly Overvalued.

Key valuation signals for TPE:5531:

  • Days Payable: 3,132.31 (1363% above median its 10-year median of 214.11)
  • GF Value™: NT$3.07 vs. price of NT$7.95 (159% above fair value)
  • GF Score™: 41/100 with 9 warning signs
  • Industry Position: 3984.1% above the Construction median (#21 of 1712)

No single metric tells the full story. See the TPE:5531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Building Business Co Business Description

Address No. 408, Sec. 2,Taiwan Boulevard, West District, Taichung City, TWN
Shining Building Business Co Ltd is engaged in the business of entrusting construction firms to build commercial buildings, and rent and sell public housing. The company operates through three business segments. i) Building unit: It is engaged in the business of building commercial buildings and renting and selling public housing. ii) Construction unit: It is engaged in construction and civil engineering, and iii) Other units: It is mainly engaged in hotel construction and real estate development and general investment. The majority of revenue is derived from the Building unit.
41GF Score

Get the complete analysis for TPE:5531

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

NT$7.95
Price
NT$3.07
GF Value