Gold Circuit Electronics (TPE:2368) Days Payable: 98.49 (As of Dec. 2025) — 16% Above Median


TPE:2368 Gold Circuit Electronics Ltd TPE:2368
75 GF Score
Price NT$1,305.00
GF Value NT$490.47
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Gold Circuit Electronics Days Payable?

Gold Circuit Electronics TPE:2368 +5.67% 75 Days Payable is 98.49 as of Dec. 2025, which is 16% above its 10-year median of 85.04. GuruFocus rates TPE:2368 with a GF Score™ of 75/100 and a GF Value™ of NT$490.47 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,440 Hardware companies, Gold Circuit Electronics ranks better than 65.12% on this metric.

Gold Circuit Electronics's average Accounts Payable for the three months ended in Dec. 2025 was NT$11,748 Mil. Gold Circuit Electronics's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$10,884 Mil. Hence, Gold Circuit Electronics's Days Payable for the three months ended in Dec. 2025 was 98.49.

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

TPE:2368' s Days Payable Range Over the Past 10 Years
Min: 80.51   Med: 85.04   Max: 95.52
Current: 92.97

During the past 13 years, Gold Circuit Electronics's highest Days Payable was 95.52. The lowest was 80.51. And the median was 85.04.

TPE:2368's Days Payable is ranked better than
65.12% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:2368: 92.97

Gold Circuit Electronics's Days Payable increased from Dec. 2024 (98.12) to Dec. 2025 (98.49). It may suggest that Gold Circuit Electronics delayed paying its suppliers.


Gold Circuit Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Gold Circuit 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.

Gold Circuit Electronics Days Payable Chart

Gold Circuit 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 84.26 84.68 95.52 94.64 87.34

Gold Circuit 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 98.12 97.30 91.60 90.72 98.49

TPE:2368 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Gold Circuit 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.


Gold Circuit Electronics Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Gold Circuit Electronics's Days Payable distribution charts can be found below:

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


TPE:2368
75GF Score
Gold Circuit Electronics Ltd TPE:2368
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Circuit 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.

Gold Circuit 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
=( (8268.001 + 11028.491) / 2 ) / 40320.985*365
=9648.246 / 40320.985*365
=87.34

Gold Circuit 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
=( (12468.292 + 11028.491) / 2 ) / 10884.404*365 / 4
=11748.3915 / 10884.404*365 / 4
=98.49

* 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 98.49 mean?
Gold Circuit Electronics (TPE:2368) has a Days Payable of 98.49 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 Gold Circuit Electronics and its competitors. This is 16% above median its historical median of 85.04. Over the past decade, Gold Circuit Electronics' Days Payable has ranged from 80.51 to 95.52. According to the industry distribution chart, Gold Circuit Electronics ranks #851 out of 2440 companies in the Hardware industry, placing it in the top 34.9%.
Is Gold Circuit Electronics' Days Payable too high?
Gold Circuit Electronics' current Days Payable of 98.49 is 16% above median its 10-year median of 85.04. Over the past 10 years, this metric has ranged from a low of 80.51 to a high of 95.52. The Hardware industry median Days Payable is 69.94. Gold Circuit Electronics' value of 98.49 is 40.8% above this industry median. Based on the distribution chart, Gold Circuit Electronics ranks #851 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Gold Circuit Electronics has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Circuit Electronics' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Gold Circuit Electronics ranks #851 out of 2440 companies for Days Payable. This puts Gold Circuit Electronics in the upper half of its industry. The industry median Days Payable is 69.94. Gold Circuit Electronics' value of 98.49 is 40.8% above this benchmark. Historically, Gold Circuit Electronics' own Days Payable has ranged from 80.51 to 95.52 over the past decade. While the company's 10-year median is 85.04 vs. the industry median of 69.94, Gold Circuit Electronics 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 69.94, based on 2,440 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. Gold Circuit Electronics's current Days Payable of 98.49 is 40.8% 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 Gold Circuit Electronics and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Circuit Electronics's current Days Payable is 98.49, which is 16% above median its own 10-year median of 85.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Circuit Electronics stock overvalued right now?
Based on GuruFocus' analysis, Gold Circuit Electronics (TPE:2368) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$490.47, compared to a current price of NT$1,305.00 — trading 166.1% above its estimated fair value. The current Days Payable is 98.49, which is 16% above median its 10-year median of 85.04 and 40.8% above the Hardware industry median of 69.94. Gold Circuit Electronics' overall GF Score™ is 75/100 with 7 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 Gold Circuit Electronics (TPE:2368), the current Days Payable is 98.49 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 Gold Circuit Electronics (TPE:2368) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Circuit Electronics stock appears to be overvalued. The current stock price of NT$1,305.00 is trading 166.1% above its estimated GF Value™ of NT$490.47. GuruFocus considers Gold Circuit Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2368:

  • Days Payable: 98.49 (16% above median its 10-year median of 85.04)
  • GF Value™: NT$490.47 vs. price of NT$1,305.00 (166.1% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 40.8% above the Hardware median (#851 of 2440)

No single metric tells the full story. See the TPE:2368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gold Circuit Electronics Business Description

Address No. 113, Xiyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applied in notebooks, handheld devices, telecommunications, networking, and server & storage fields, among others. The company's revenue was generated from the sale of electronic products, such as printed circuit boards.
75GF Score

Get the complete analysis for TPE:2368

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

NT$1,305.00
Price
NT$490.47
GF Value