ShuttleTPE:2405 +0.86%72 Days Payable is 53.40 as of Dec. 2025, which is 16% below its 10-year median of 63.76. GuruFocus rates TPE:2405 with a GF Score™ of 72/100 and a GF Value™ of NT$18.21 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,436 Hardware companies, Shuttle ranks worse than 61.7% on this metric.
Shuttle's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$193 Mil. Shuttle's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$329 Mil.
Hence, Shuttle's Days Payable for the
three
months ended in Dec. 2025 was 53.40.
The historical rank and industry rank for Shuttle's Days Payable or its related term are showing as below:
TPE:2405'
s Days Payable Range Over the Past 10 Years
Min: 40.48 Med: 63.76 Max: 81.8
Current: 56.95
During the past 13 years, Shuttle's highest Days Payable was 81.80. The lowest was 40.48. And the median was 63.76.
TPE:2405's Days Payable is ranked worse than 61.7% of 2436
companies
in the Hardware industry
Industry Median: 69.89
vs TPE:2405: 56.95
Shuttle's Days Payable
declined
from Dec. 2024 (65.42) to Dec. 2025 (53.40).
It may suggest that Shuttleaccelerated paying its suppliers.
Shuttle Days Payable Related Terms
Shuttle Days Payable Historical Data
* Premium members only.
The historical data trend for Shuttle'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:2405 vs SNDK, DELL, STX: Days Payable Comparison
For the Computer Hardware subindustry, Shuttle'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.
Shuttle Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Shuttle's Days Payable distribution charts can be found below:
* The bar in red indicates where Shuttle'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.
Shuttle'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.
Shuttle (TPE:2405) has a Days Payable of 53.40 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 Shuttle and its competitors. This is 16% below median its historical median of 63.76. Over the past decade, Shuttle's Days Payable has ranged from 40.48 to 81.80. According to the industry distribution chart, Shuttle ranks #1503 out of 2436 companies in the Hardware industry, placing it in the top 61.7%.
Is Shuttle's Days Payable too high?
Shuttle's current Days Payable of 53.40 is 16% below median its 10-year median of 63.76. Over the past 10 years, this metric has ranged from a low of 40.48 to a high of 81.80. The Hardware industry median Days Payable is 69.89. Shuttle's value of 53.40 is 23.6% below this industry median. Based on the distribution chart, Shuttle ranks #1503 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Shuttle has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shuttle's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Shuttle ranks #1503 out of 2436 companies for Days Payable. This places Shuttle in the lower half of its industry. The industry median Days Payable is 69.89. Shuttle's value of 53.40 is 23.6% below this benchmark. Historically, Shuttle's own Days Payable has ranged from 40.48 to 81.80 over the past decade. While the company's 10-year median is 63.76 vs. the industry median of 69.89, Shuttle 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. Shuttle's current Days Payable of 53.40 is 23.6% 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 Shuttle 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. Shuttle's current Days Payable is 53.40, which is 16% below median its own 10-year median of 63.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuttle stock overvalued right now?
Based on GuruFocus' analysis, Shuttle (TPE:2405) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.21, compared to a current price of NT$17.55 — trading 3.6% below its estimated fair value. The current Days Payable is 53.40, which is 16% below median its 10-year median of 63.76 and 23.6% below the Hardware industry median of 69.89. Shuttle's overall GF Score™ is 72/100 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 Shuttle (TPE:2405), the current Days Payable is 53.40 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 Shuttle (TPE:2405) Overvalued in 2026?
Based on GuruFocus' analysis, Shuttle stock appears to be undervalued.
The current stock price of NT$17.55 is trading 3.6% below its estimated GF Value™ of NT$18.21.
GuruFocus considers Shuttle to be Fairly Valued.
Key valuation signals for TPE:2405:
Days Payable: 53.40 (16% below median its 10-year median of 63.76)
GF Value™: NT$18.21 vs. price of NT$17.55 (3.6% below fair value)
Industry Position: 23.6% below the Hardware median (#1503 of 2436)
No single metric tells the full story. See the TPE:2405 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shuttle Inc operates in the Information technology sector. The Company is engaged in the manufacturing and selling of laptops, barebones, mainboards, and other computer peripherals, as well as providing related technical services. The segments of the company are Computer Equipment engaged in selling Computer peripherals and components and Medical Device engaged in selling air mattresses and medical peripherals. The company derives maximum revenue from Computer Equipment Segment.
72GF Score
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