Microelectronics Technology (TPE:2314) Days Payable: 118.36 (As of Dec. 2025) — 24% Above Median


TPE:2314 Microelectronics Technology Inc TPE:2314
43 GF Score
Price NT$14.10
GF Value NT$28.20
Valuation Possible Value Trap
! 4 Warning Signs
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What is Microelectronics Technology Days Payable?

Microelectronics Technology TPE:2314 -2.42% 43 Days Payable is 118.36 as of Dec. 2025, which is 24% above its 10-year median of 95.32. GuruFocus rates TPE:2314 with a GF Score™ of 43/100 and a GF Value™ of NT$28.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,436 Hardware companies, Microelectronics Technology ranks better than 80.67% on this metric.

Microelectronics Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$844 Mil. Microelectronics Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$651 Mil. Hence, Microelectronics Technology's Days Payable for the three months ended in Dec. 2025 was 118.36.

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

TPE:2314' s Days Payable Range Over the Past 10 Years
Min: 83.72   Med: 95.32   Max: 149.12
Current: 137.98

During the past 13 years, Microelectronics Technology's highest Days Payable was 149.12. The lowest was 83.72. And the median was 95.32.

TPE:2314's Days Payable is ranked better than
80.67% of 2436 companies
in the Hardware industry
Industry Median: 69.91 vs TPE:2314: 137.98

Microelectronics Technology's Days Payable increased from Dec. 2024 (85.68) to Dec. 2025 (118.36). It may suggest that Microelectronics Technology delayed paying its suppliers.


Microelectronics Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Microelectronics Technology'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.

Microelectronics Technology Days Payable Chart

Microelectronics Technology 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 105.99 98.26 83.72 89.65 149.12

Microelectronics Technology 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 85.68 164.88 146.01 134.18 118.36

TPE:2314 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, Microelectronics Technology'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.


Microelectronics Technology Days Payable vs Hardware Industry

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

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


TPE:2314
43GF Score
Microelectronics Technology Inc TPE:2314
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Microelectronics Technology 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.

Microelectronics Technology'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
=( (496.133 + 895.872) / 2 ) / 1703.561*365
=696.0025 / 1703.561*365
=149.12

Microelectronics Technology'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
=( (792.704 + 895.872) / 2 ) / 650.89*365 / 4
=844.288 / 650.89*365 / 4
=118.36

* 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 118.36 mean?
Microelectronics Technology (TPE:2314) has a Days Payable of 118.36 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 Microelectronics Technology and its competitors. This is 24% above median its historical median of 95.32. Over the past decade, Microelectronics Technology's Days Payable has ranged from 83.72 to 149.12. According to the industry distribution chart, Microelectronics Technology ranks #471 out of 2436 companies in the Hardware industry, placing it in the top 19.3%.
Is Microelectronics Technology's Days Payable too high?
Microelectronics Technology's current Days Payable of 118.36 is 24% above median its 10-year median of 95.32. Over the past 10 years, this metric has ranged from a low of 83.72 to a high of 149.12. The Hardware industry median Days Payable is 69.91. Microelectronics Technology's value of 118.36 is 69.3% above this industry median. Based on the distribution chart, Microelectronics Technology ranks #471 out of 2436 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Microelectronics Technology has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microelectronics Technology's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Microelectronics Technology ranks #471 out of 2436 companies for Days Payable. This places Microelectronics Technology in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.91. Microelectronics Technology's value of 118.36 is 69.3% above this benchmark. Historically, Microelectronics Technology's own Days Payable has ranged from 83.72 to 149.12 over the past decade. While the company's 10-year median is 95.32 vs. the industry median of 69.91, Microelectronics Technology 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. Microelectronics Technology's current Days Payable of 118.36 is 69.3% 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 Microelectronics Technology 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. Microelectronics Technology's current Days Payable is 118.36, which is 24% above median its own 10-year median of 95.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microelectronics Technology stock overvalued right now?
Based on GuruFocus' analysis, Microelectronics Technology (TPE:2314) is currently considered Possible Value Trap. The stock's GF Value™ is NT$28.20, compared to a current price of NT$14.10 — trading 50% below its estimated fair value. The current Days Payable is 118.36, which is 24% above median its 10-year median of 95.32 and 69.3% above the Hardware industry median of 69.91. Microelectronics Technology's overall GF Score™ is 43/100 with 4 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 Microelectronics Technology (TPE:2314), the current Days Payable is 118.36 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 Microelectronics Technology (TPE:2314) Overvalued in 2026?

Based on GuruFocus' analysis, Microelectronics Technology stock appears to be undervalued. The current stock price of NT$14.10 is trading 50% below its estimated GF Value™ of NT$28.20. GuruFocus considers Microelectronics Technology to be Possible Value Trap.

Key valuation signals for TPE:2314:

  • Days Payable: 118.36 (24% above median its 10-year median of 95.32)
  • GF Value™: NT$28.20 vs. price of NT$14.10 (50% below fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 69.3% above the Hardware median (#471 of 2436)

No single metric tells the full story. See the TPE:2314 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microelectronics Technology Business Description

Address No 1, Innovation Road II, Hsinchu Science Park, Hsinchu, TWN, 300
Microelectronics Technology Inc is engaged in the design, manufacture and sales of terrestrial microwave, satellite communication system products, and related customized products. The company's products include Satellite Broadband TV, Microwave Radio Blackhaul, mobile products, and RFID, among others. The company operates in the United States, Mainland China, and other areas.
43GF Score

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

NT$14.10
Price
NT$28.20
GF Value