CMC Magnetics (TPE:2323) Days Payable: 34.70 (As of Dec. 2025) — 23% Below Median


TPE:2323 CMC Magnetics Corp TPE:2323
57 GF Score
Price NT$12.00
GF Value NT$10.84
Valuation Modestly Overvalued
! 10 Warning Signs
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What is CMC Magnetics Days Payable?

CMC Magnetics TPE:2323 +5.73% 57 Days Payable is 34.70 as of Dec. 2025, which is 23% below its 10-year median of 45.29. GuruFocus rates TPE:2323 with a GF Score™ of 57/100 and a GF Value™ of NT$10.84 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 2,440 Hardware companies, CMC Magnetics ranks worse than 77.13% on this metric.

CMC Magnetics's average Accounts Payable for the three months ended in Dec. 2025 was NT$558 Mil. CMC Magnetics's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,468 Mil. Hence, CMC Magnetics's Days Payable for the three months ended in Dec. 2025 was 34.70.

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

TPE:2323' s Days Payable Range Over the Past 10 Years
Min: 25.7   Med: 45.29   Max: 48.29
Current: 40.12

During the past 13 years, CMC Magnetics's highest Days Payable was 48.29. The lowest was 25.70. And the median was 45.29.

TPE:2323's Days Payable is ranked worse than
77.13% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:2323: 40.12

CMC Magnetics's Days Payable declined from Dec. 2024 (36.93) to Dec. 2025 (34.70). It may suggest that CMC Magnetics accelerated paying its suppliers.


CMC Magnetics Days Payable Historical Data

* Premium members only.

The historical data trend for CMC Magnetics'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.

CMC Magnetics Days Payable Chart

CMC Magnetics 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 48.03 47.56 48.29 47.34 43.24

CMC Magnetics 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 36.93 43.41 47.59 33.30 34.70

TPE:2323 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, CMC Magnetics'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.


CMC Magnetics Days Payable vs Hardware Industry

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

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


TPE:2323
57GF Score
CMC Magnetics Corp TPE:2323
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CMC Magnetics 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.

CMC Magnetics'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
=( (643.042 + 650.694) / 2 ) / 5460.04*365
=646.868 / 5460.04*365
=43.24

CMC Magnetics'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
=( (465.618 + 650.694) / 2 ) / 1467.701*365 / 4
=558.156 / 1467.701*365 / 4
=34.70

* 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 34.70 mean?
CMC Magnetics (TPE:2323) has a Days Payable of 34.70 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 CMC Magnetics and its competitors. This is 23% below median its historical median of 45.29. Over the past decade, CMC Magnetics' Days Payable has ranged from 25.70 to 48.29. According to the industry distribution chart, CMC Magnetics ranks #1882 out of 2440 companies in the Hardware industry, placing it in the top 77.1%.
Is CMC Magnetics' Days Payable too high?
CMC Magnetics' current Days Payable of 34.70 is 23% below median its 10-year median of 45.29. Over the past 10 years, this metric has ranged from a low of 25.70 to a high of 48.29. The Hardware industry median Days Payable is 69.94. CMC Magnetics' value of 34.70 is 50.4% below this industry median. Based on the distribution chart, CMC Magnetics ranks #1882 out of 2440 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CMC Magnetics has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, CMC Magnetics ranks #1882 out of 2440 companies for Days Payable. This places CMC Magnetics in the lower half of its industry. The industry median Days Payable is 69.94. CMC Magnetics' value of 34.70 is 50.4% below this benchmark. Historically, CMC Magnetics' own Days Payable has ranged from 25.70 to 48.29 over the past decade. While the company's 10-year median is 45.29 vs. the industry median of 69.94, CMC Magnetics 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 69.94, based on 2,440 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. CMC Magnetics's current Days Payable of 34.70 is 50.4% 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 CMC Magnetics and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Magnetics's current Days Payable is 34.70, which is 23% below median its own 10-year median of 45.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Magnetics stock overvalued right now?
Based on GuruFocus' analysis, CMC Magnetics (TPE:2323) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$10.84, compared to a current price of NT$12.00 — trading 10.7% above its estimated fair value. The current Days Payable is 34.70, which is 23% below median its 10-year median of 45.29 and 50.4% below the Hardware industry median of 69.94. CMC Magnetics' overall GF Score™ is 57/100 with 10 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 CMC Magnetics (TPE:2323), the current Days Payable is 34.70 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 CMC Magnetics (TPE:2323) Overvalued in 2026?

Based on GuruFocus' analysis, CMC Magnetics stock appears to be overvalued. The current stock price of NT$12.00 is trading 10.7% above its estimated GF Value™ of NT$10.84. GuruFocus considers CMC Magnetics to be Modestly Overvalued.

Key valuation signals for TPE:2323:

  • Days Payable: 34.70 (23% below median its 10-year median of 45.29)
  • GF Value™: NT$10.84 vs. price of NT$12.00 (10.7% above fair value)
  • GF Score™: 57/100 with 10 warning signs
  • Industry Position: 50.4% below the Hardware median (#1882 of 2440)

No single metric tells the full story. See the TPE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMC Magnetics Business Description

Address No. 53, Minquan West Road, 15th Floor, Zhongshan District, Taipei City, TWN, 104026
CMC Magnetics Corp is mainly engaged in the manufacturing and sale of consumer electronic products, including optical discs, as well as the acquisition of film agency rights and the production and distribution of digital discs and Blu-ray discs for sales. Its products include M-disc, CMC Pro, HP CD, and data storage products. Its segments are: the Storage Media segment, which generates the maximum revenue and is engaged in the manufacturing and sale of consumer electronic products, including optical discs; the Other Optoelectronic segment, which manufactures and sells panels; the Investment segment, which invests in various businesses; and the Other Segment. Europe generates the maximum revenue for the Group.
57GF Score

Get the complete analysis for TPE:2323

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

NT$12.00
Price
NT$10.84
GF Value