Macronix International Co (TPE:2337) Days Payable: 44.71 (As of Dec. 2025) — 49% Below Median


TPE:2337 Macronix International Co Ltd TPE:2337
53 GF Score
Price NT$142.50
GF Value NT$49.72
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Macronix International Co Days Payable?

Macronix International Co TPE:2337 -2.06% 53 Days Payable is 44.71 as of Dec. 2025, which is 49% below its 10-year median of 88.45. GuruFocus rates TPE:2337 with a GF Score™ of 53/100 and a GF Value™ of NT$49.72 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 997 Semiconductors companies, Macronix International Co ranks worse than 63.29% on this metric.

Macronix International Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,872 Mil. Macronix International Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$5,861 Mil. Hence, Macronix International Co's Days Payable for the three months ended in Dec. 2025 was 44.71.

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

TPE:2337' s Days Payable Range Over the Past 10 Years
Min: 42.11   Med: 88.45   Max: 140.61
Current: 42.11

During the past 13 years, Macronix International Co's highest Days Payable was 140.61. The lowest was 42.11. And the median was 88.45.

TPE:2337's Days Payable is ranked worse than
63.29% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs TPE:2337: 42.11

Macronix International Co's Days Payable declined from Dec. 2024 (51.40) to Dec. 2025 (44.71). It may suggest that Macronix International Co accelerated paying its suppliers.


Macronix International Co Days Payable Historical Data

* Premium members only.

The historical data trend for Macronix International 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.

Macronix International Co Days Payable Chart

Macronix International Co 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 92.82 99.65 73.07 54.32 45.98

Macronix International Co 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 51.40 49.00 40.53 33.12 44.71

TPE:2337 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Macronix International 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.


Macronix International Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Macronix International Co's Days Payable distribution charts can be found below:

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


TPE:2337
53GF Score
Macronix International Co Ltd TPE:2337
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Macronix International Co 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.

Macronix International Co'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
=( (2862.832 + 3120.453) / 2 ) / 23748.974*365
=2991.6425 / 23748.974*365
=45.98

Macronix International Co'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
=( (2623.21 + 3120.453) / 2 ) / 5860.736*365 / 4
=2871.8315 / 5860.736*365 / 4
=44.71

* 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 44.71 mean?
Macronix International Co (TPE:2337) has a Days Payable of 44.71 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 Macronix International Co and its competitors. This is 49% below median its historical median of 88.45. Over the past decade, Macronix International Co's Days Payable has ranged from 42.11 to 140.61. According to the industry distribution chart, Macronix International Co ranks #631 out of 997 companies in the Semiconductors industry, placing it in the top 63.3%.
Is Macronix International Co's Days Payable too high?
Macronix International Co's current Days Payable of 44.71 is 49% below median its 10-year median of 88.45. Over the past 10 years, this metric has ranged from a low of 42.11 to a high of 140.61. The Semiconductors industry median Days Payable is 53.06. Macronix International Co's value of 44.71 is 15.7% below this industry median. Based on the distribution chart, Macronix International Co ranks #631 out of 997 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Macronix International Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macronix International Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Macronix International Co ranks #631 out of 997 companies for Days Payable. This places Macronix International Co in the lower half of its industry. The industry median Days Payable is 53.06. Macronix International Co's value of 44.71 is 15.7% below this benchmark. Historically, Macronix International Co's own Days Payable has ranged from 42.11 to 140.61 over the past decade. While the company's 10-year median is 88.45 vs. the industry median of 53.06, Macronix International 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. Macronix International Co's current Days Payable of 44.71 is 15.7% 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 Macronix International 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. Macronix International Co's current Days Payable is 44.71, which is 49% below median its own 10-year median of 88.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macronix International Co stock overvalued right now?
Based on GuruFocus' analysis, Macronix International Co (TPE:2337) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$49.72, compared to a current price of NT$142.50 — trading 186.6% above its estimated fair value. The current Days Payable is 44.71, which is 49% below median its 10-year median of 88.45 and 15.7% below the Semiconductors industry median of 53.06. Macronix International Co's overall GF Score™ is 53/100 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 Macronix International Co (TPE:2337), the current Days Payable is 44.71 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 Macronix International Co (TPE:2337) Overvalued in 2026?

Based on GuruFocus' analysis, Macronix International Co stock appears to be overvalued. The current stock price of NT$142.50 is trading 186.6% above its estimated GF Value™ of NT$49.72. GuruFocus considers Macronix International Co to be Significantly Overvalued.

Key valuation signals for TPE:2337:

  • Days Payable: 44.71 (49% below median its 10-year median of 88.45)
  • GF Value™: NT$49.72 vs. price of NT$142.50 (186.6% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 15.7% below the Semiconductors median (#631 of 997)

No single metric tells the full story. See the TPE:2337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macronix International Co Business Description

Address No. 16 Li-Hsin Road, Science Park, Hsin-Chu, TWN
Macronix International Co Ltd designs, manufactures, and supplies integrated circuits and memory chips. It specializes in nonvolatile memory devices, including NOR Flash, NAND Flash, and read-only memory products. The Company also performs design, research and development, consultation and trade of relevant products. The company operates as a single reportable segment: the memory products and wafer fabrication segment. The firm operates in four Products: Flash, ROM, Foundry, and Others. The majority of revenue is from Flash Product. The company operates in Taiwan, China, and other countries generating key revenue from Taiwan region.
53GF Score

Get the complete analysis for TPE:2337

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

NT$142.50
Price
NT$49.72
GF Value