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CMC MagneticsTPE:2323 -2.25%67 Days Payable is 39.91 as of Mar. 2026, which is 12% below its 10-year median of 45.29. GuruFocus rates TPE:2323 with a GF Score™ of 67/100 and a GF Value™ of NT$11.40 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,442 Hardware companies, CMC Magnetics ranks worse than 77.56% on this metric.
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.
TPE:2323 vs DELL, ANET, SNDK: 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.
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
* 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 (TPE:2323) has a Days Payable of 39.91 as of Mar. 2026. 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 12% 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 #1894 out of 2442 companies in the Hardware industry, placing it in the top 77.6%.
Is CMC Magnetics' Days Payable too high?
CMC Magnetics' current Days Payable of 39.91 is 12% 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 70.03. CMC Magnetics' value of 39.91 is 43% below this industry median. Based on the distribution chart, CMC Magnetics ranks #1894 out of 2442 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CMC Magnetics has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, CMC Magnetics ranks #1894 out of 2442 companies for Days Payable. This places CMC Magnetics in the lower half of its industry. The industry median Days Payable is 70.03. CMC Magnetics' value of 39.91 is 43% 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 70.03, 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 70.03, based on 2,442 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 39.91 is 43% 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 70.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Magnetics's current Days Payable is 39.91, which is 12% 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 Fairly Valued. The stock's GF Value™ is NT$11.40, compared to a current price of NT$10.85 — trading 4.8% below its estimated fair value. The current Days Payable is 39.91, which is 12% below median its 10-year median of 45.29 and 43% below the Hardware industry median of 70.03. CMC Magnetics' overall GF Score™ is 67/100 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 CMC Magnetics (TPE:2323), the current Days Payable is 39.91 as of Mar. 2026. 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 undervalued.
The current stock price of NT$10.85 is trading 4.8% below its estimated GF Value™ of NT$11.40.
GuruFocus considers CMC Magnetics to be Fairly Valued.
Key valuation signals for TPE:2323:
Days Payable: 39.91 (12% below median its 10-year median of 45.29)
GF Value™: NT$11.40 vs. price of NT$10.85 (4.8% below fair value)
Industry Position: 43% below the Hardware median (#1894 of 2442)
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 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.
67GF Score
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