Twinhead International (TPE:2364) Days Payable: 75.49 (As of Dec. 2025) — 32% Above Median


TPE:2364 Twinhead International Corp TPE:2364
87 GF Score
Price NT$68.10
GF Value NT$82.88
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Twinhead International Days Payable?

Twinhead International TPE:2364 +0.59% 87 Days Payable is 75.49 as of Dec. 2025, which is 32% above its 10-year median of 57.33. GuruFocus rates TPE:2364 with a GF Score™ of 87/100 and a GF Value™ of NT$82.88 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,436 Hardware companies, Twinhead International ranks worse than 50.41% on this metric.

Twinhead International's average Accounts Payable for the three months ended in Dec. 2025 was NT$170 Mil. Twinhead International's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$206 Mil. Hence, Twinhead International's Days Payable for the three months ended in Dec. 2025 was 75.49.

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

TPE:2364' s Days Payable Range Over the Past 10 Years
Min: 53.25   Med: 57.33   Max: 78.15
Current: 69.58

During the past 13 years, Twinhead International's highest Days Payable was 78.15. The lowest was 53.25. And the median was 57.33.

TPE:2364's Days Payable is ranked worse than
50.41% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs TPE:2364: 69.58

Twinhead International's Days Payable increased from Dec. 2024 (67.37) to Dec. 2025 (75.49). It may suggest that Twinhead International delayed paying its suppliers.


Twinhead International Days Payable Historical Data

* Premium members only.

The historical data trend for Twinhead International'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.

Twinhead International Days Payable Chart

Twinhead International 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 61.61 53.25 56.08 56.55 56.19

Twinhead International 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 67.37 60.88 75.75 80.23 75.49

TPE:2364 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Twinhead International'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.


Twinhead International Days Payable vs Hardware Industry

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

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


TPE:2364
87GF Score
Twinhead International Corp TPE:2364
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Twinhead International 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.

Twinhead International'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
=( (141.163 + 137.905) / 2 ) / 906.31*365
=139.534 / 906.31*365
=56.19

Twinhead International'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
=( (202.422 + 137.905) / 2 ) / 205.676*365 / 4
=170.1635 / 205.676*365 / 4
=75.49

* 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 75.49 mean?
Twinhead International (TPE:2364) has a Days Payable of 75.49 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 Twinhead International and its competitors. This is 32% above median its historical median of 57.33. Over the past decade, Twinhead International's Days Payable has ranged from 53.25 to 78.15. According to the industry distribution chart, Twinhead International ranks #1228 out of 2436 companies in the Hardware industry, placing it in the top 50.4%.
Is Twinhead International's Days Payable too high?
Twinhead International's current Days Payable of 75.49 is 32% above median its 10-year median of 57.33. Over the past 10 years, this metric has ranged from a low of 53.25 to a high of 78.15. The Hardware industry median Days Payable is 69.89. Twinhead International's value of 75.49 is 8% above this industry median. Based on the distribution chart, Twinhead International ranks #1228 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Twinhead International has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Twinhead International's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Twinhead International ranks #1228 out of 2436 companies for Days Payable. This places Twinhead International in the lower half of its industry. The industry median Days Payable is 69.89. Twinhead International's value of 75.49 is 8% above this benchmark. Historically, Twinhead International's own Days Payable has ranged from 53.25 to 78.15 over the past decade. While the company's 10-year median is 57.33 vs. the industry median of 69.89, Twinhead International has consistently been above 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 69.89, based on 2,436 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. Twinhead International's current Days Payable of 75.49 is 8% above 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 Twinhead International and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twinhead International's current Days Payable is 75.49, which is 32% above median its own 10-year median of 57.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twinhead International stock overvalued right now?
Based on GuruFocus' analysis, Twinhead International (TPE:2364) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.88, compared to a current price of NT$68.10 — trading 17.8% below its estimated fair value. The current Days Payable is 75.49, which is 32% above median its 10-year median of 57.33 and 8% above the Hardware industry median of 69.89. Twinhead International's overall GF Score™ is 87/100 with 1 warning sign 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 Twinhead International (TPE:2364), the current Days Payable is 75.49 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 Twinhead International (TPE:2364) Overvalued in 2026?

Based on GuruFocus' analysis, Twinhead International stock appears to be undervalued. The current stock price of NT$68.10 is trading 17.8% below its estimated GF Value™ of NT$82.88. GuruFocus considers Twinhead International to be Modestly Undervalued.

Key valuation signals for TPE:2364:

  • Days Payable: 75.49 (32% above median its 10-year median of 57.33)
  • GF Value™: NT$82.88 vs. price of NT$68.10 (17.8% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 8% above the Hardware median (#1228 of 2436)

No single metric tells the full story. See the TPE:2364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Twinhead International Business Description

Address Ruiguang Road, No. 550, 9th Floor, Neihu District, Taipei, TWN, 114
Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military or industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization services. Geographically, it generates the majority of its revenue from personal Europe.
87GF Score

Get the complete analysis for TPE:2364

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

NT$68.10
Price
NT$82.88
GF Value