San Far Property (TPE:9946) Days Payable: 81.49 (As of Mar. 2026) — 43% Above Median

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TPE:9946 San Far Property Ltd TPE:9946
40 GF Score
Price NT$17.80
! 6 Warning Signs
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What is San Far Property Days Payable?

San Far Property TPE:9946 -0.28% 40 Days Payable is 81.49 as of Mar. 2026, which is 43% above its 10-year median of 56.86. GuruFocus rates TPE:9946 with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 1,571 Real Estate companies, San Far Property ranks better than 70.91% on this metric.

San Far Property's average Accounts Payable for the three months ended in Mar. 2026 was NT$943 Mil. San Far Property's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$1,056 Mil. Hence, San Far Property's Days Payable for the three months ended in Mar. 2026 was 81.49.

The historical rank and industry rank for San Far Property's Days Payable or its related term are showing as below:

TPE:9946' s Days Payable Range Over the Past 10 Years
Min: 39.85   Med: 56.86   Max: 198.3
Current: 198.3

During the past 13 years, San Far Property's highest Days Payable was 198.30. The lowest was 39.85. And the median was 56.86.

TPE:9946's Days Payable is ranked better than
70.91% of 1571 companies
in the Real Estate industry
Industry Median: 92.71 vs TPE:9946: 198.30

San Far Property's Days Payable declined from Mar. 2025 (2,519.39) to Mar. 2026 (81.49). It may suggest that San Far Property accelerated paying its suppliers.


San Far Property Days Payable Historical Data

* Premium members only.

The historical data trend for San Far Property'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.

San Far Property Days Payable Chart

San Far Property 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 46.44 40.28 143.82 96.50 0.00

San Far Property Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,519.39 1,922.36 2,016.88 0.00 81.49

San Far Property Days Payable Competitor Comparison

For the Real Estate - Diversified subindustry, San Far Property'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.


San Far Property Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, San Far Property's Days Payable distribution charts can be found below:

* The bar in red indicates where San Far Property's Days Payable falls into.


TPE:9946
40GF Score
San Far Property Ltd TPE:9946
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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San Far Property 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.

San Far Property'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
=( (374 + 964.933) / 2 ) / 0*365
=669.4665 / 0*365
=N/A

San Far Property's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (964.933 + 920.657) / 2 ) / 1055.694*365 / 4
=942.795 / 1055.694*365 / 4
=81.49

* 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 81.49 mean?
San Far Property (TPE:9946) has a Days Payable of 81.49 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on San Far Property and its competitors. This is 43% above median its historical median of 56.86. Over the past decade, San Far Property's Days Payable has ranged from 39.85 to 198.30. According to the industry distribution chart, San Far Property ranks #457 out of 1571 companies in the Real Estate industry, placing it in the top 29.1%.
Is San Far Property's Days Payable too high?
San Far Property's current Days Payable of 81.49 is 43% above median its 10-year median of 56.86. Over the past 10 years, this metric has ranged from a low of 39.85 to a high of 198.30. The Real Estate industry median Days Payable is 92.71. San Far Property's value of 81.49 is 12.1% below this industry median. Based on the distribution chart, San Far Property ranks #457 out of 1571 companies in the Real Estate industry, which is above the industry midpoint. Overall, San Far Property has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does San Far Property's Days Payable compare to competitors?
According to the Real Estate industry distribution chart, San Far Property ranks #457 out of 1571 companies for Days Payable. This puts San Far Property in the upper half of its industry. The industry median Days Payable is 92.71. San Far Property's value of 81.49 is 12.1% below this benchmark. Historically, San Far Property's own Days Payable has ranged from 39.85 to 198.30 over the past decade. While the company's 10-year median is 56.86 vs. the industry median of 92.71, San Far Property 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 92.71, based on 1,571 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. San Far Property's current Days Payable of 81.49 is 12.1% 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 San Far Property and its competitors. For the Real Estate industry, the median Days Payable is 92.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Far Property's current Days Payable is 81.49, which is 43% above median its own 10-year median of 56.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Far Property stock overvalued right now?
San Far Property (TPE:9946) has a current Days Payable of 81.49. The current Days Payable is 81.49, which is 43% above median its 10-year median of 56.86 and 12.1% below the Real Estate industry median of 92.71. San Far Property's overall GF Score™ is 40/100 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 San Far Property (TPE:9946), the current Days Payable is 81.49 as of Mar. 2026. 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.

San Far Property Business Description

Address No. 30, Section 3, Bode Road, 12th Floor, Songshan District, Taipei, TWN
San Far Property Ltd is a Taiwan-based real estate company. The main activities of the company include residential and building development, leasing and sales, and real estate leasing.
40GF Score

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