AXT (AXTI) Days Payable: 70.05 (As of Mar. 2026) — 20% Above Median


AXTI AXT Inc AXTI
57 GF Score
Price $71.43
GF Value $2.56
Valuation Significantly Overvalued
! 5 Warning Signs
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What is AXT Days Payable?

AXT AXTI +1.95% 57 Days Payable is 70.05 as of Mar. 2026, which is 20% above its 10-year median of 58.51. GuruFocus rates AXTI with a GF Score™ of 57/100 and a GF Value™ of $2.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 997 Semiconductors companies, AXT ranks better than 58.98% on this metric.

AXT's average Accounts Payable for the three months ended in Mar. 2026 was $14.54 Mil. AXT's Cost of Goods Sold for the three months ended in Mar. 2026 was $18.95 Mil. Hence, AXT's Days Payable for the three months ended in Mar. 2026 was 70.05.

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

AXTI' s Days Payable Range Over the Past 10 Years
Min: 43.66   Med: 58.51   Max: 73.2
Current: 60.28

During the past 13 years, AXT's highest Days Payable was 73.20. The lowest was 43.66. And the median was 58.51.

AXTI's Days Payable is ranked better than
58.98% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs AXTI: 60.28

AXT's Days Payable increased from Mar. 2025 (51.97) to Mar. 2026 (70.05). It may suggest that AXT delayed paying its suppliers.


AXT Days Payable Historical Data

* Premium members only.

The historical data trend for AXT'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.

AXT Days Payable Chart

AXT 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 59.46 54.82 57.55 53.10 59.91

AXT 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 51.97 61.64 46.38 59.60 70.05

AXTI vs IPGP, VECO, ACLS: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, AXT'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.


AXT Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, AXT's Days Payable distribution charts can be found below:

* The bar in red indicates where AXT's Days Payable falls into.


AXTI
57GF Score
AXT Inc AXTI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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AXT 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.

AXT'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
=( (12.356 + 12.947) / 2 ) / 77.084*365
=12.6515 / 77.084*365
=59.91

AXT'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
=( (12.947 + 16.141) / 2 ) / 18.946*365 / 4
=14.544 / 18.946*365 / 4
=70.05

* 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 70.05 mean?
AXT (AXTI) has a Days Payable of 70.05 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 AXT and its competitors. This is 20% above median its historical median of 58.51. Over the past decade, AXT's Days Payable has ranged from 43.66 to 73.20. According to the industry distribution chart, AXT ranks #409 out of 997 companies in the Semiconductors industry, placing it in the top 41%.
Is AXT's Days Payable too high?
AXT's current Days Payable of 70.05 is 20% above median its 10-year median of 58.51. Over the past 10 years, this metric has ranged from a low of 43.66 to a high of 73.20. The Semiconductors industry median Days Payable is 53.06. AXT's value of 70.05 is 32% above this industry median. Based on the distribution chart, AXT ranks #409 out of 997 companies in the Semiconductors industry, which is above the industry midpoint. Overall, AXT has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AXT's Days Payable compare to IPGP and VECO?
According to the Semiconductors industry distribution chart, AXT ranks #409 out of 997 companies for Days Payable. This puts AXT in the upper half of its industry. The industry median Days Payable is 53.06. AXT's value of 70.05 is 32% above this benchmark. Historically, AXT's own Days Payable has ranged from 43.66 to 73.20 over the past decade. While the company's 10-year median is 58.51 vs. the industry median of 53.06, AXT 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. AXT's current Days Payable of 70.05 is 32% 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 AXT and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AXT's current Days Payable is 70.05, which is 20% above median its own 10-year median of 58.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXT stock overvalued right now?
Based on GuruFocus' analysis, AXT (AXTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.56, compared to a current price of $71.43 — trading 2690.2% above its estimated fair value. The current Days Payable is 70.05, which is 20% above median its 10-year median of 58.51 and 32% above the Semiconductors industry median of 53.06. AXT's overall GF Score™ is 57/100 with 5 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 AXT (AXTI), the current Days Payable is 70.05 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.

Is AXT (AXTI) Overvalued in 2026?

Based on GuruFocus' analysis, AXT stock appears to be overvalued. The current stock price of $71.43 is trading 2690.2% above its estimated GF Value™ of $2.56. GuruFocus considers AXT to be Significantly Overvalued.

Key valuation signals for AXTI:

  • Days Payable: 70.05 (20% above median its 10-year median of 58.51)
  • GF Value™: $2.56 vs. price of $71.43 (2690.2% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 32% above the Semiconductors median (#409 of 997)

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


AXT Business Description

Other Exchanges AHV:Germany
Address 4281 Technology Drive, Fremont, CA, USA, 94538
AXT Inc is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.
57GF Score

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

$71.43
Price
$2.56
GF Value