Chicony Electronics Co (TPE:2385) Days Payable: 110.92 (As of Dec. 2025) — Near Median


TPE:2385 Chicony Electronics Co Ltd TPE:2385
79 GF Score
Price NT$105.50
GF Value NT$142.16
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Chicony Electronics Co Days Payable?

Chicony Electronics Co TPE:2385 -1.40% 79 Days Payable is 110.92 as of Dec. 2025, which is 2% above its 10-year median of 109.24. GuruFocus rates TPE:2385 with a GF Score™ of 79/100 and a GF Value™ of NT$142.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,440 Hardware companies, Chicony Electronics Co ranks better than 70.74% on this metric.

Chicony Electronics Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$23,350 Mil. Chicony Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$19,210 Mil. Hence, Chicony Electronics Co's Days Payable for the three months ended in Dec. 2025 was 110.92.

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

TPE:2385' s Days Payable Range Over the Past 10 Years
Min: 92.93   Med: 109.24   Max: 118.49
Current: 105.8

During the past 13 years, Chicony Electronics Co's highest Days Payable was 118.49. The lowest was 92.93. And the median was 109.24.

TPE:2385's Days Payable is ranked better than
70.74% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:2385: 105.80

Chicony Electronics Co's Days Payable increased from Dec. 2024 (106.51) to Dec. 2025 (110.92). It may suggest that Chicony Electronics Co delayed paying its suppliers.


Chicony Electronics Co Days Payable Historical Data

* Premium members only.

The historical data trend for Chicony Electronics Co'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.

Chicony Electronics Co Days Payable Chart

Chicony Electronics Co 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 109.57 92.93 101.57 107.38 108.91

Chicony Electronics Co 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 106.51 113.31 96.24 100.36 110.92

TPE:2385 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Chicony Electronics Co'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.


Chicony Electronics Co Days Payable vs Hardware Industry

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

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


TPE:2385
79GF Score
Chicony Electronics Co Ltd TPE:2385
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chicony Electronics Co 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.

Chicony Electronics Co'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
=( (24442.296 + 22355.279) / 2 ) / 78416.164*365
=23398.7875 / 78416.164*365
=108.91

Chicony Electronics Co'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
=( (24345.387 + 22355.279) / 2 ) / 19209.674*365 / 4
=23350.333 / 19209.674*365 / 4
=110.92

* 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 110.92 mean?
Chicony Electronics Co (TPE:2385) has a Days Payable of 110.92 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 Chicony Electronics Co and its competitors. This is near median its historical median of 109.24. Over the past decade, Chicony Electronics Co's Days Payable has ranged from 92.93 to 118.49. According to the industry distribution chart, Chicony Electronics Co ranks #714 out of 2440 companies in the Hardware industry, placing it in the top 29.3%.
Is Chicony Electronics Co's Days Payable too high?
Chicony Electronics Co's current Days Payable of 110.92 is near median its 10-year median of 109.24. Over the past 10 years, this metric has ranged from a low of 92.93 to a high of 118.49. The Hardware industry median Days Payable is 69.94. Chicony Electronics Co's value of 110.92 is 58.6% above this industry median. Based on the distribution chart, Chicony Electronics Co ranks #714 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Chicony Electronics Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chicony Electronics Co's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Chicony Electronics Co ranks #714 out of 2440 companies for Days Payable. This puts Chicony Electronics Co in the upper half of its industry. The industry median Days Payable is 69.94. Chicony Electronics Co's value of 110.92 is 58.6% above this benchmark. Historically, Chicony Electronics Co's own Days Payable has ranged from 92.93 to 118.49 over the past decade. While the company's 10-year median is 109.24 vs. the industry median of 69.94, Chicony Electronics Co 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. Chicony Electronics Co's current Days Payable of 110.92 is 58.6% 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 Chicony Electronics Co 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. Chicony Electronics Co's current Days Payable is 110.92, which is near median its own 10-year median of 109.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chicony Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Chicony Electronics Co (TPE:2385) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$142.16, compared to a current price of NT$105.50 — trading 25.8% below its estimated fair value. The current Days Payable is 110.92, which is near median its 10-year median of 109.24 and 58.6% above the Hardware industry median of 69.94. Chicony Electronics Co's overall GF Score™ is 79/100 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 Chicony Electronics Co (TPE:2385), the current Days Payable is 110.92 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 Chicony Electronics Co (TPE:2385) Overvalued in 2026?

Based on GuruFocus' analysis, Chicony Electronics Co stock appears to be undervalued. The current stock price of NT$105.50 is trading 25.8% below its estimated GF Value™ of NT$142.16. GuruFocus considers Chicony Electronics Co to be Modestly Undervalued.

Key valuation signals for TPE:2385:

  • Days Payable: 110.92 (near median its 10-year median of 109.24)
  • GF Value™: NT$142.16 vs. price of NT$105.50 (25.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 58.6% above the Hardware median (#714 of 2440)

No single metric tells the full story. See the TPE:2385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chicony Electronics Co Business Description

Address Guangfu Road, No. 69, Section 2, Sanchong District, New Taipei, TWN, 24158
Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, and Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The company's inventories are keyboards, mouses, switching power supplies, lens modules, and other computer information-related peripherals and components. Geographically, it generates the majority of its revenue from Taiwan.
79GF Score

Get the complete analysis for TPE:2385

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

NT$105.50
Price
NT$142.16
GF Value