KYE SystemsTPE:2365 -2.43%75 Days Payable is 22.54 as of Dec. 2025, which is 42% below its 10-year median of 38.61. GuruFocus rates TPE:2365 with a GF Score™ of 75/100 and a GF Value™ of NT$35.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,436 Hardware companies, KYE Systems ranks worse than 89.78% on this metric.
KYE Systems's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$36.3 Mil. KYE Systems's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$147.2 Mil.
Hence, KYE Systems's Days Payable for the
three
months ended in Dec. 2025 was 22.54.
The historical rank and industry rank for KYE Systems's Days Payable or its related term are showing as below:
TPE:2365'
s Days Payable Range Over the Past 10 Years
Min: 18 Med: 38.61 Max: 62.76
Current: 25.61
During the past 13 years, KYE Systems's highest Days Payable was 62.76. The lowest was 18.00. And the median was 38.61.
TPE:2365's Days Payable is ranked worse than 89.78% of 2436
companies
in the Hardware industry
Industry Median: 69.89
vs TPE:2365: 25.61
KYE Systems's Days Payable
declined
from Dec. 2024 (26.94) to Dec. 2025 (22.54).
It may suggest that KYE Systemsaccelerated paying its suppliers.
KYE Systems Days Payable Related Terms
KYE Systems Days Payable Historical Data
* Premium members only.
The historical data trend for KYE Systems'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:2365 vs SNDK, DELL, STX: Days Payable Comparison
For the Computer Hardware subindustry, KYE Systems'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.
KYE Systems Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, KYE Systems's Days Payable distribution charts can be found below:
* The bar in red indicates where KYE Systems'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.
KYE Systems'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.
KYE Systems (TPE:2365) has a Days Payable of 22.54 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 KYE Systems and its competitors. This is 42% below median its historical median of 38.61. Over the past decade, KYE Systems' Days Payable has ranged from 18.00 to 62.76. According to the industry distribution chart, KYE Systems ranks #2187 out of 2436 companies in the Hardware industry, placing it in the top 89.8%.
Is KYE Systems' Days Payable too high?
KYE Systems' current Days Payable of 22.54 is 42% below median its 10-year median of 38.61. Over the past 10 years, this metric has ranged from a low of 18.00 to a high of 62.76. The Hardware industry median Days Payable is 69.89. KYE Systems' value of 22.54 is 67.7% below this industry median. Based on the distribution chart, KYE Systems ranks #2187 out of 2436 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, KYE Systems has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KYE Systems' Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, KYE Systems ranks #2187 out of 2436 companies for Days Payable. This places KYE Systems in the lower half of its industry. The industry median Days Payable is 69.89. KYE Systems' value of 22.54 is 67.7% below this benchmark. Historically, KYE Systems' own Days Payable has ranged from 18.00 to 62.76 over the past decade. While the company's 10-year median is 38.61 vs. the industry median of 69.89, KYE Systems 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 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. KYE Systems's current Days Payable of 22.54 is 67.7% 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 KYE Systems 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. KYE Systems's current Days Payable is 22.54, which is 42% below median its own 10-year median of 38.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYE Systems stock overvalued right now?
Based on GuruFocus' analysis, KYE Systems (TPE:2365) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.42, compared to a current price of NT$34.20 — trading 3.4% below its estimated fair value. The current Days Payable is 22.54, which is 42% below median its 10-year median of 38.61 and 67.7% below the Hardware industry median of 69.89. KYE Systems' overall GF Score™ is 75/100 with 3 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 KYE Systems (TPE:2365), the current Days Payable is 22.54 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 KYE Systems (TPE:2365) Overvalued in 2026?
Based on GuruFocus' analysis, KYE Systems stock appears to be undervalued.
The current stock price of NT$34.20 is trading 3.4% below its estimated GF Value™ of NT$35.42.
GuruFocus considers KYE Systems to be Fairly Valued.
Key valuation signals for TPE:2365:
Days Payable: 22.54 (42% below median its 10-year median of 38.61)
GF Value™: NT$35.42 vs. price of NT$34.20 (3.4% below fair value)
Industry Position: 67.7% below the Hardware median (#2187 of 2436)
No single metric tells the full story. See the TPE:2365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KYE Systems Corp is a Taiwan-based company mainly engaged in the manufacturing, processing and trading of computer peripheral products such as computer mice, keyboards, video image products such as network and security cameras, and consumer electronic products such as headphone speakers and game console peripherals. The operating segments of the company are Electronic Products and Others. The majority of revenue is derived from the Electronic Products segment. Geographically, the company operates in Asia, America, Europe and Taiwan. The maximum revenue is generated from America.
75GF Score
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