Toyo CoTOYO -1.63%21 Days Payable is 46.94 as of Dec. 2025, which is 27% below its 10-year median of 64.56. GuruFocus rates TOYO with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 997 Semiconductors companies, Toyo Co ranks worse than 57.77% on this metric.
Toyo Co's average Accounts Payable for the
six
months ended in Dec. 2025 was $55.3 Mil. Toyo Co's Cost of Goods Sold for the
six
months ended in Dec. 2025 was $215.0 Mil.
Hence, Toyo Co's Days Payable for the
six
months ended in Dec. 2025 was 46.94.
The historical rank and industry rank for Toyo Co's Days Payable or its related term are showing as below:
TOYO'
s Days Payable Range Over the Past 10 Years
Min: 40.4 Med: 64.56 Max: 152.81
Current: 47.13
During the past 4 years, Toyo Co's highest Days Payable was 152.81. The lowest was 40.40. And the median was 64.56.
TOYO's Days Payable is ranked worse than 57.77% of 997
companies
in the Semiconductors industry
Industry Median: 53.06
vs TOYO: 47.13
Toyo Co's Days Payable
declined
from Dec. 2024 (89.20) to Dec. 2025 (46.94).
It may suggest that Toyo Coaccelerated paying its suppliers.
Toyo Co Days Payable Related Terms
Toyo Co Days Payable Historical Data
* Premium members only.
The historical data trend for Toyo 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.
For the Solar subindustry, Toyo 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.
Toyo Co Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Toyo Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Toyo Co's Days Payable falls into.
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.
Toyo Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Toyo Co (TOYO) has a Days Payable of 46.94 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 Toyo Co and its competitors. This is 27% below median its historical median of 64.56. Over the past decade, Toyo Co's Days Payable has ranged from 40.40 to 152.81. According to the industry distribution chart, Toyo Co ranks #576 out of 997 companies in the Semiconductors industry, placing it in the top 57.8%.
Is Toyo Co's Days Payable too high?
Toyo Co's current Days Payable of 46.94 is 27% below median its 10-year median of 64.56. Over the past 10 years, this metric has ranged from a low of 40.40 to a high of 152.81. The Semiconductors industry median Days Payable is 53.06. Toyo Co's value of 46.94 is 11.5% below this industry median. Based on the distribution chart, Toyo Co ranks #576 out of 997 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Toyo Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Co's Days Payable compare to TYGO and HYSR?
According to the Semiconductors industry distribution chart, Toyo Co ranks #576 out of 997 companies for Days Payable. This places Toyo Co in the lower half of its industry. The industry median Days Payable is 53.06. Toyo Co's value of 46.94 is 11.5% below this benchmark. Historically, Toyo Co's own Days Payable has ranged from 40.40 to 152.81 over the past decade. While the company's 10-year median is 64.56 vs. the industry median of 53.06, Toyo Co 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 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. Toyo Co's current Days Payable of 46.94 is 11.5% 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 Toyo Co 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. Toyo Co's current Days Payable is 46.94, which is 27% below median its own 10-year median of 64.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Co stock overvalued right now?
Toyo Co (TOYO) has a current Days Payable of 46.94. The current Days Payable is 46.94, which is 27% below median its 10-year median of 64.56 and 11.5% below the Semiconductors industry median of 53.06. Toyo Co's overall GF Score™ is 21/100 with 2 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 Toyo Co (TOYO), the current Days Payable is 46.94 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.
Toyo Co Ltd, along with its subsidiaries, is engaged in research and development, production, and sales of solar cells and solar modules and related businesses. The company operates across the solar value chain, including upstream wafer and silicon manufacturing, midstream solar cell production, and downstream photovoltaic (PV) module production. It generated revenues from sales of solar cells, solar modules and provision of facilitation services. Geographically, the company derived the majority of the revenue from the USA.
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