Microtek International (TPE:2305) Days Payable: 73.50 (As of Dec. 2025) — 39% Above Median


TPE:2305 Microtek International Inc TPE:2305
66 GF Score
Price NT$38.80
GF Value NT$26.35
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Microtek International Days Payable?

Microtek International TPE:2305 +3.19% 66 Days Payable is 73.50 as of Dec. 2025, which is 39% above its 10-year median of 52.86. GuruFocus rates TPE:2305 with a GF Score™ of 66/100 and a GF Value™ of NT$26.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,436 Hardware companies, Microtek International ranks better than 55.91% on this metric.

Microtek International's average Accounts Payable for the three months ended in Dec. 2025 was NT$86.0 Mil. Microtek International's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$106.7 Mil. Hence, Microtek International's Days Payable for the three months ended in Dec. 2025 was 73.50.

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

TPE:2305' s Days Payable Range Over the Past 10 Years
Min: 44.16   Med: 52.86   Max: 79.05
Current: 76.95

During the past 13 years, Microtek International's highest Days Payable was 79.05. The lowest was 44.16. And the median was 52.86.

TPE:2305's Days Payable is ranked better than
55.91% of 2436 companies
in the Hardware industry
Industry Median: 69.91 vs TPE:2305: 76.95

Microtek International's Days Payable increased from Dec. 2024 (71.92) to Dec. 2025 (73.50). It may suggest that Microtek International delayed paying its suppliers.


Microtek International Days Payable Historical Data

* Premium members only.

The historical data trend for Microtek International'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.

Microtek International Days Payable Chart

Microtek International 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 59.83 60.75 52.85 54.86 79.05

Microtek International 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 71.92 82.66 76.34 73.23 73.50

TPE:2305 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Microtek International'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.


Microtek International Days Payable vs Hardware Industry

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

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


TPE:2305
66GF Score
Microtek International Inc TPE:2305
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Microtek International 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.

Microtek International'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
=( (85.807 + 93.552) / 2 ) / 414.092*365
=89.6795 / 414.092*365
=79.05

Microtek International'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
=( (78.376 + 93.552) / 2 ) / 106.725*365 / 4
=85.964 / 106.725*365 / 4
=73.50

* 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 73.50 mean?
Microtek International (TPE:2305) has a Days Payable of 73.50 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 Microtek International and its competitors. This is 39% above median its historical median of 52.86. Over the past decade, Microtek International's Days Payable has ranged from 44.16 to 79.05. According to the industry distribution chart, Microtek International ranks #1074 out of 2436 companies in the Hardware industry, placing it in the top 44.1%.
Is Microtek International's Days Payable too high?
Microtek International's current Days Payable of 73.50 is 39% above median its 10-year median of 52.86. Over the past 10 years, this metric has ranged from a low of 44.16 to a high of 79.05. The Hardware industry median Days Payable is 69.91. Microtek International's value of 73.50 is 5.1% above this industry median. Based on the distribution chart, Microtek International ranks #1074 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Microtek International has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microtek International's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Microtek International ranks #1074 out of 2436 companies for Days Payable. This puts Microtek International in the upper half of its industry. The industry median Days Payable is 69.91. Microtek International's value of 73.50 is 5.1% above this benchmark. Historically, Microtek International's own Days Payable has ranged from 44.16 to 79.05 over the past decade. While the company's 10-year median is 52.86 vs. the industry median of 69.91, Microtek International 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 Hardware company?
The median Days Payable among Hardware companies is 69.91, based on 2,436 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. Microtek International's current Days Payable of 73.50 is 5.1% 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 Microtek International and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microtek International's current Days Payable is 73.50, which is 39% above median its own 10-year median of 52.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microtek International stock overvalued right now?
Based on GuruFocus' analysis, Microtek International (TPE:2305) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.35, compared to a current price of NT$38.80 — trading 47.2% above its estimated fair value. The current Days Payable is 73.50, which is 39% above median its 10-year median of 52.86 and 5.1% above the Hardware industry median of 69.91. Microtek International's overall GF Score™ is 66/100 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 Microtek International (TPE:2305), the current Days Payable is 73.50 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 Microtek International (TPE:2305) Overvalued in 2026?

Based on GuruFocus' analysis, Microtek International stock appears to be overvalued. The current stock price of NT$38.80 is trading 47.2% above its estimated GF Value™ of NT$26.35. GuruFocus considers Microtek International to be Significantly Overvalued.

Key valuation signals for TPE:2305:

  • Days Payable: 73.50 (39% above median its 10-year median of 52.86)
  • GF Value™: NT$26.35 vs. price of NT$38.80 (47.2% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 5.1% above the Hardware median (#1074 of 2436)

No single metric tells the full story. See the TPE:2305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microtek International Business Description

Address No.6 Industry East Road 3, Hsinchu Science Park, Hsinchu, TWN
Microtek International Inc is engaged in the design, manufacture, and sale of smart scanners, related computer information peripherals, and optical fiber engineering testing instruments. The company has two reporting departments: the image scanner division and the optoelectronics division. The image scanner division is engaged in the design, manufacture, and sale of digital video input/output hardware and software equipment, while the optoelectronics division is engaged in the research, manufacture, and sale of optical source devices, light instruments, and light source manufacturing systems. It derives revenue from the optoelectronics division. Geographically, it operates in China and Taiwan, with the majority of revenue deriving from China.
66GF Score

Get the complete analysis for TPE:2305

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

NT$38.80
Price
NT$26.35
GF Value