DSWL (Deswell Industries) Days Payable: 46.64 (As of Sep. 2025) — Near Median


DSWL Deswell Industries Inc DSWL
64 GF Score
Price $3.90
GF Value $2.17
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Deswell Industries Days Payable?

Deswell Industries DSWL +3.72% 64 Days Payable is 46.64 as of Sep. 2025, which is 2% below its 10-year median of 47.81. GuruFocus rates DSWL with a GF Score™ of 64/100 and a GF Value™ of $2.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,441 Hardware companies, Deswell Industries ranks worse than 67.68% on this metric.

Deswell Industries's average Accounts Payable for the six months ended in Sep. 2025 was $6.50 Mil. Deswell Industries's Cost of Goods Sold for the six months ended in Sep. 2025 was $25.44 Mil. Hence, Deswell Industries's Days Payable for the six months ended in Sep. 2025 was 46.64.

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

DSWL' s Days Payable Range Over the Past 10 Years
Min: 36.33   Med: 47.81   Max: 50.71
Current: 50.71

During the past 13 years, Deswell Industries's highest Days Payable was 50.71. The lowest was 36.33. And the median was 47.81.

DSWL's Days Payable is ranked worse than
67.68% of 2441 companies
in the Hardware industry
Industry Median: 69.99 vs DSWL: 50.71

Deswell Industries's Days Payable increased from Sep. 2024 (43.39) to Sep. 2025 (46.64). It may suggest that Deswell Industries delayed paying its suppliers.


Deswell Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Deswell Industries'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.

Deswell Industries Days Payable Chart

Deswell Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.05 47.50 40.01 37.03 48.23

Deswell Industries Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 46.67 43.39 49.76 46.64 58.05

DSWL vs ELTK, LINK, IEHC: Days Payable Comparison

For the Electronic Components subindustry, Deswell Industries'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.


Deswell Industries Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Deswell Industries's Days Payable distribution charts can be found below:

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


DSWL
64GF Score
Deswell Industries Inc DSWL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Deswell Industries 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.

Deswell Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5.74 + 6.842) / 2 ) / 47.613*365
=6.291 / 47.613*365
=48.23

Deswell Industries's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (5.74 + 7.263) / 2 ) / 25.442*365 / 2
=6.5015 / 25.442*365 / 2
=46.64

* 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 46.64 mean?
Deswell Industries (DSWL) has a Days Payable of 46.64 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Deswell Industries and its competitors. This is near median its historical median of 47.81. Over the past decade, Deswell Industries' Days Payable has ranged from 36.33 to 50.71. According to the industry distribution chart, Deswell Industries ranks #1652 out of 2441 companies in the Hardware industry, placing it in the top 67.7%.
Is Deswell Industries' Days Payable too high?
Deswell Industries' current Days Payable of 46.64 is near median its 10-year median of 47.81. Over the past 10 years, this metric has ranged from a low of 36.33 to a high of 50.71. The Hardware industry median Days Payable is 69.99. Deswell Industries' value of 46.64 is 33.4% below this industry median. Based on the distribution chart, Deswell Industries ranks #1652 out of 2441 companies in the Hardware industry, which is below the industry midpoint. Overall, Deswell Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deswell Industries' Days Payable compare to ELTK and LINK?
According to the Hardware industry distribution chart, Deswell Industries ranks #1652 out of 2441 companies for Days Payable. This places Deswell Industries in the lower half of its industry. The industry median Days Payable is 69.99. Deswell Industries' value of 46.64 is 33.4% below this benchmark. Historically, Deswell Industries' own Days Payable has ranged from 36.33 to 50.71 over the past decade. While the company's 10-year median is 47.81 vs. the industry median of 69.99, Deswell Industries 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 Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 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. Deswell Industries's current Days Payable of 46.64 is 33.4% 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 Deswell Industries and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deswell Industries's current Days Payable is 46.64, which is near median its own 10-year median of 47.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deswell Industries stock overvalued right now?
Based on GuruFocus' analysis, Deswell Industries (DSWL) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.17, compared to a current price of $3.90 — trading 79.7% above its estimated fair value. The current Days Payable is 46.64, which is near median its 10-year median of 47.81 and 33.4% below the Hardware industry median of 69.99. Deswell Industries' overall GF Score™ is 64/100 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 Deswell Industries (DSWL), the current Days Payable is 46.64 as of Sep. 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 Deswell Industries (DSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Deswell Industries stock appears to be overvalued. The current stock price of $3.90 is trading 79.7% above its estimated GF Value™ of $2.17. GuruFocus considers Deswell Industries to be Significantly Overvalued.

Key valuation signals for DSWL:

  • Days Payable: 46.64 (near median its 10-year median of 47.81)
  • GF Value™: $2.17 vs. price of $3.90 (79.7% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 33.4% below the Hardware median (#1652 of 2441)

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


Deswell Industries Business Description

Other Exchanges DW2:Germany
Address 10B, Edificio Associacao Industrial De Macau, No. 32-36 Rua do Comandante Mata e Oliveira, Macao, MAC
Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.
64GF Score

Get the complete analysis for DSWL

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

$3.90
Price
$2.17
GF Value