Winbond Electronics (TPE:2344) Days Payable: 47.77 (As of Dec. 2025) — Near Median


TPE:2344 Winbond Electronics Corp TPE:2344
64 GF Score
Price NT$184.50
GF Value NT$47.20
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Winbond Electronics Days Payable?

Winbond Electronics TPE:2344 +0.54% 64 Days Payable is 47.77 as of Dec. 2025, which is 9% below its 10-year median of 52.41. GuruFocus rates TPE:2344 with a GF Score™ of 64/100 and a GF Value™ of NT$47.20 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 997 Semiconductors companies, Winbond Electronics ranks worse than 57.57% on this metric.

Winbond Electronics's average Accounts Payable for the three months ended in Dec. 2025 was NT$8,103 Mil. Winbond Electronics's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$15,479 Mil. Hence, Winbond Electronics's Days Payable for the three months ended in Dec. 2025 was 47.77.

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

TPE:2344' s Days Payable Range Over the Past 10 Years
Min: 45.49   Med: 52.41   Max: 58.27
Current: 47.33

During the past 13 years, Winbond Electronics's highest Days Payable was 58.27. The lowest was 45.49. And the median was 52.41.

TPE:2344's Days Payable is ranked worse than
57.57% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs TPE:2344: 47.33

Winbond Electronics's Days Payable declined from Dec. 2024 (48.13) to Dec. 2025 (47.77). It may suggest that Winbond Electronics accelerated paying its suppliers.


Winbond Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Winbond Electronics'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.

Winbond Electronics Days Payable Chart

Winbond Electronics 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 50.63 49.61 47.49 45.49 47.92

Winbond Electronics 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 48.13 43.28 40.61 60.57 47.77

TPE:2344 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Winbond Electronics'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.


Winbond Electronics Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Winbond Electronics's Days Payable distribution charts can be found below:

* The bar in red indicates where Winbond Electronics's Days Payable falls into.


TPE:2344
64GF Score
Winbond Electronics Corp TPE:2344
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winbond Electronics 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.

Winbond Electronics'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
=( (7061.317 + 8223.591) / 2 ) / 58210.043*365
=7642.454 / 58210.043*365
=47.92

Winbond Electronics'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
=( (7983.346 + 8223.591) / 2 ) / 15478.859*365 / 4
=8103.4685 / 15478.859*365 / 4
=47.77

* 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 47.77 mean?
Winbond Electronics (TPE:2344) has a Days Payable of 47.77 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 Winbond Electronics and its competitors. This is near median its historical median of 52.41. Over the past decade, Winbond Electronics' Days Payable has ranged from 45.49 to 58.27. According to the industry distribution chart, Winbond Electronics ranks #574 out of 997 companies in the Semiconductors industry, placing it in the top 57.6%.
Is Winbond Electronics' Days Payable too high?
Winbond Electronics' current Days Payable of 47.77 is near median its 10-year median of 52.41. Over the past 10 years, this metric has ranged from a low of 45.49 to a high of 58.27. The Semiconductors industry median Days Payable is 53.06. Winbond Electronics' value of 47.77 is 10% below this industry median. Based on the distribution chart, Winbond Electronics ranks #574 out of 997 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Winbond Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Winbond Electronics' Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Winbond Electronics ranks #574 out of 997 companies for Days Payable. This places Winbond Electronics in the lower half of its industry. The industry median Days Payable is 53.06. Winbond Electronics' value of 47.77 is 10% below this benchmark. Historically, Winbond Electronics' own Days Payable has ranged from 45.49 to 58.27 over the past decade. While the company's 10-year median is 52.41 vs. the industry median of 53.06, Winbond Electronics 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. Winbond Electronics's current Days Payable of 47.77 is 10% 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 Winbond Electronics 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. Winbond Electronics's current Days Payable is 47.77, which is near median its own 10-year median of 52.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winbond Electronics stock overvalued right now?
Based on GuruFocus' analysis, Winbond Electronics (TPE:2344) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$47.20, compared to a current price of NT$184.50 — trading 290.9% above its estimated fair value. The current Days Payable is 47.77, which is near median its 10-year median of 52.41 and 10% below the Semiconductors industry median of 53.06. Winbond Electronics' overall GF Score™ is 64/100 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 Winbond Electronics (TPE:2344), the current Days Payable is 47.77 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 Winbond Electronics (TPE:2344) Overvalued in 2026?

Based on GuruFocus' analysis, Winbond Electronics stock appears to be overvalued. The current stock price of NT$184.50 is trading 290.9% above its estimated GF Value™ of NT$47.20. GuruFocus considers Winbond Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2344:

  • Days Payable: 47.77 (near median its 10-year median of 52.41)
  • GF Value™: NT$47.20 vs. price of NT$184.50 (290.9% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 10% below the Semiconductors median (#574 of 997)

No single metric tells the full story. See the TPE:2344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Winbond Electronics Business Description

Address No. 8, Keya 1st Road, Daya District, Taichung, TWN
Winbond Electronics Corp is engaged in the design, development, manufacture, and marketing of very large scale integration (VLSI) integrated circuits (ICs) used in a variety of microelectronic applications. In addition, it offers customised memory solutions like Mobile RAM and Specialty DRAM, and core storage flash memory products. The company's operating segments are Customized Memory Solution product, Flash Memory product, and Logic IC product. Maximum revenue is generated from the Flash Memory product segment, which engages mainly in the manufacturing, selling, researching, designing and after-sales service of Flash Memory product. Geographically, the company generates maximum revenue from Asia, followed by America, Europe, and Other regions.
64GF Score

Get the complete analysis for TPE:2344

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

NT$184.50
Price
NT$47.20
GF Value