Lien Chang Electronic Enterprise Co (TPE:2431) Days Payable: 40.53 (As of Dec. 2025) — 63% Below Median


TPE:2431 Lien Chang Electronic Enterprise Co Ltd TPE:2431
58 GF Score
Price NT$11.45
GF Value NT$8.75
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Lien Chang Electronic Enterprise Co Days Payable?

Lien Chang Electronic Enterprise Co TPE:2431 58 Days Payable is 40.53 as of Dec. 2025, which is 63% below its 10-year median of 108.90. GuruFocus rates TPE:2431 with a GF Score™ of 58/100 and a GF Value™ of NT$8.75 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,438 Hardware companies, Lien Chang Electronic Enterprise Co ranks better than 50.57% on this metric.

Lien Chang Electronic Enterprise Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$66.4 Mil. Lien Chang Electronic Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$149.6 Mil. Hence, Lien Chang Electronic Enterprise Co's Days Payable for the three months ended in Dec. 2025 was 40.53.

The historical rank and industry rank for Lien Chang Electronic Enterprise Co's Days Payable or its related term are showing as below:

TPE:2431' s Days Payable Range Over the Past 10 Years
Min: 70.12   Med: 108.9   Max: 137.33
Current: 70.12

During the past 13 years, Lien Chang Electronic Enterprise Co's highest Days Payable was 137.33. The lowest was 70.12. And the median was 108.90.

TPE:2431's Days Payable is ranked better than
50.57% of 2438 companies
in the Hardware industry
Industry Median: 69.82 vs TPE:2431: 70.12

Lien Chang Electronic Enterprise Co's Days Payable declined from Dec. 2024 (95.36) to Dec. 2025 (40.53). It may suggest that Lien Chang Electronic Enterprise Co accelerated paying its suppliers.


Lien Chang Electronic Enterprise Co Days Payable Related Terms


Lien Chang Electronic Enterprise Co Days Payable Historical Data

* Premium members only.

The historical data trend for Lien Chang Electronic Enterprise 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.

Lien Chang Electronic Enterprise Co Days Payable Chart

Lien Chang Electronic Enterprise 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 136.29 107.59 80.66 87.12 73.14

Lien Chang Electronic Enterprise 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 95.36 92.33 80.57 74.80 40.53

TPE:2431 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Lien Chang Electronic Enterprise 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.


Lien Chang Electronic Enterprise Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Lien Chang Electronic Enterprise Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lien Chang Electronic Enterprise Co's Days Payable falls into.


TPE:2431
58GF Score
Lien Chang Electronic Enterprise Co Ltd TPE:2431
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lien Chang Electronic Enterprise 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.

Lien Chang Electronic Enterprise 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
=( (123.623 + 62.109) / 2 ) / 463.462*365
=92.866 / 463.462*365
=73.14

Lien Chang Electronic Enterprise 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
=( (70.744 + 62.109) / 2 ) / 149.567*365 / 4
=66.4265 / 149.567*365 / 4
=40.53

* 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 40.53 mean?
Lien Chang Electronic Enterprise Co (TPE:2431) has a Days Payable of 40.53 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 Lien Chang Electronic Enterprise Co and its competitors. This is 63% below median its historical median of 108.90. Over the past decade, Lien Chang Electronic Enterprise Co's Days Payable has ranged from 70.12 to 137.33. According to the industry distribution chart, Lien Chang Electronic Enterprise Co ranks #1205 out of 2438 companies in the Hardware industry, placing it in the top 49.4%.
Is Lien Chang Electronic Enterprise Co's Days Payable too high?
Lien Chang Electronic Enterprise Co's current Days Payable of 40.53 is 63% below median its 10-year median of 108.90. Over the past 10 years, this metric has ranged from a low of 70.12 to a high of 137.33. The Hardware industry median Days Payable is 69.82. Lien Chang Electronic Enterprise Co's value of 40.53 is 42% below this industry median. Based on the distribution chart, Lien Chang Electronic Enterprise Co ranks #1205 out of 2438 companies in the Hardware industry, which is above the industry midpoint. Overall, Lien Chang Electronic Enterprise Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lien Chang Electronic Enterprise Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Lien Chang Electronic Enterprise Co ranks #1205 out of 2438 companies for Days Payable. This puts Lien Chang Electronic Enterprise Co in the upper half of its industry. The industry median Days Payable is 69.82. Lien Chang Electronic Enterprise Co's value of 40.53 is 42% below this benchmark. Historically, Lien Chang Electronic Enterprise Co's own Days Payable has ranged from 70.12 to 137.33 over the past decade. While the company's 10-year median is 108.90 vs. the industry median of 69.82, Lien Chang Electronic Enterprise Co 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 69.82, based on 2,438 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. Lien Chang Electronic Enterprise Co's current Days Payable of 40.53 is 42% 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 Lien Chang Electronic Enterprise Co and its competitors. For the Hardware industry, the median Days Payable is 69.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lien Chang Electronic Enterprise Co's current Days Payable is 40.53, which is 63% below median its own 10-year median of 108.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Chang Electronic Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Lien Chang Electronic Enterprise Co (TPE:2431) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.75, compared to a current price of NT$11.45 — trading 30.9% above its estimated fair value. The current Days Payable is 40.53, which is 63% below median its 10-year median of 108.90 and 42% below the Hardware industry median of 69.82. Lien Chang Electronic Enterprise Co's overall GF Score™ is 58/100 with 2 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 Lien Chang Electronic Enterprise Co (TPE:2431), the current Days Payable is 40.53 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 Lien Chang Electronic Enterprise Co (TPE:2431) Overvalued in 2026?

Based on GuruFocus' analysis, Lien Chang Electronic Enterprise Co stock appears to be overvalued. The current stock price of NT$11.45 is trading 30.9% above its estimated GF Value™ of NT$8.75. GuruFocus considers Lien Chang Electronic Enterprise Co to be Significantly Overvalued.

Key valuation signals for TPE:2431:

  • Days Payable: 40.53 (63% below median its 10-year median of 108.90)
  • GF Value™: NT$8.75 vs. price of NT$11.45 (30.9% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 42% below the Hardware median (#1205 of 2438)

No single metric tells the full story. See the TPE:2431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lien Chang Electronic Enterprise Co Business Description

Address Section 6, Nanjing East Road, 11th Floor, Number 501, Neihu District, Taipei, TWN, 11469
Lien Chang Electronic Enterprise Co Ltd is mainly engaged in the manufacture and trading of display monitors and power supply units. The company specializes in ODM manufacturing of power supply units, charging devices, and BLDC controllers, catering to industries including consumer electronics, household appliances, industrial equipment and automotive components. Its products and services include Drone ESC, Consumer Chargers, Power Supply Units, Motor/Compressor Drivers, Automotive Parts OEM, and Display. Geographically, the company generates a majority of its revenue from Asia.
58GF Score

Get the complete analysis for TPE:2431

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

NT$11.45
Price
NT$8.75
GF Value