Taiwan MaskTPE:2338 -0.62%68 Days Payable is 29.14 as of Mar. 2026, which is 8% below its 10-year median of 31.68. GuruFocus rates TPE:2338 with a GF Score™ of 68/100 and a GF Value™ of NT$41.36 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 996 Semiconductors companies, Taiwan Mask ranks worse than 82.63% on this metric.
Taiwan Mask's average Accounts Payable for the
three
months ended in Mar. 2026 was NT$405 Mil. Taiwan Mask's Cost of Goods Sold for the
three
months ended in Mar. 2026 was NT$1,269 Mil.
Hence, Taiwan Mask's Days Payable for the
three
months ended in Mar. 2026 was 29.14.
The historical rank and industry rank for Taiwan Mask's Days Payable or its related term are showing as below:
TPE:2338'
s Days Payable Range Over the Past 10 Years
Min: 21.71 Med: 31.68 Max: 38.73
Current: 26.44
During the past 13 years, Taiwan Mask's highest Days Payable was 38.73. The lowest was 21.71. And the median was 31.68.
TPE:2338's Days Payable is ranked worse than 82.63% of 996
companies
in the Semiconductors industry
Industry Median: 52.98
vs TPE:2338: 26.44
Taiwan Mask's Days Payable
increased
from Mar. 2025 (27.75) to Mar. 2026 (29.14).
It may suggest that Taiwan Maskdelayed paying its suppliers.
Taiwan Mask Days Payable Related Terms
Taiwan Mask Days Payable Historical Data
* Premium members only.
The historical data trend for Taiwan Mask'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:2338 vs AMAT, LRCX, KLAC: Days Payable Comparison
For the Semiconductor Equipment & Materials subindustry, Taiwan Mask'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.
Taiwan Mask Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Taiwan Mask's Days Payable distribution charts can be found below:
* The bar in red indicates where Taiwan Mask'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.
Taiwan Mask'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.
Taiwan Mask (TPE:2338) has a Days Payable of 29.14 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 Taiwan Mask and its competitors. This is near median its historical median of 31.68. Over the past decade, Taiwan Mask's Days Payable has ranged from 21.71 to 38.73. According to the industry distribution chart, Taiwan Mask ranks #823 out of 996 companies in the Semiconductors industry, placing it in the top 82.6%.
Is Taiwan Mask's Days Payable too high?
Taiwan Mask's current Days Payable of 29.14 is near median its 10-year median of 31.68. Over the past 10 years, this metric has ranged from a low of 21.71 to a high of 38.73. The Semiconductors industry median Days Payable is 52.98. Taiwan Mask's value of 29.14 is 45% below this industry median. Based on the distribution chart, Taiwan Mask ranks #823 out of 996 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Taiwan Mask has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mask's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Taiwan Mask ranks #823 out of 996 companies for Days Payable. This places Taiwan Mask in the lower half of its industry. The industry median Days Payable is 52.98. Taiwan Mask's value of 29.14 is 45% below this benchmark. Historically, Taiwan Mask's own Days Payable has ranged from 21.71 to 38.73 over the past decade. While the company's 10-year median is 31.68 vs. the industry median of 52.98, Taiwan Mask 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 52.98, based on 996 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. Taiwan Mask's current Days Payable of 29.14 is 45% 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 Taiwan Mask and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Mask's current Days Payable is 29.14, which is near median its own 10-year median of 31.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mask stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mask (TPE:2338) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$41.36, compared to a current price of NT$47.70 — trading 15.3% above its estimated fair value. The current Days Payable is 29.14, which is near median its 10-year median of 31.68 and 45% below the Semiconductors industry median of 52.98. Taiwan Mask's overall GF Score™ is 68/100 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 Taiwan Mask (TPE:2338), the current Days Payable is 29.14 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 Taiwan Mask (TPE:2338) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Mask stock appears to be overvalued.
The current stock price of NT$47.70 is trading 15.3% above its estimated GF Value™ of NT$41.36.
GuruFocus considers Taiwan Mask to be Modestly Overvalued.
Key valuation signals for TPE:2338:
Days Payable: 29.14 (near median its 10-year median of 31.68)
GF Value™: NT$41.36 vs. price of NT$47.70 (15.3% above fair value)
Industry Position: 45% below the Semiconductors median (#823 of 996)
No single metric tells the full story. See the TPE:2338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Mask Corp manufactures and markets photomasks products for semiconductor production. The company also produces and sells products such as masks and integrated circuits used in semiconductors, and has a diversified sales base. The product segment of the company comprises Photomask and the semiconductor segment. The company generates its revenue from the Photomask and semiconductor segments.
68GF Score
Get the complete analysis for TPE:2338
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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