Leadtek Research (TPE:2465) Days Payable: 12.93 (As of Dec. 2025) — 19% Below Median


TPE:2465 Leadtek Research Inc TPE:2465
66 GF Score
Price NT$81.40
GF Value NT$55.83
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Leadtek Research Days Payable?

Leadtek Research TPE:2465 +10.00% 66 Days Payable is 12.93 as of Dec. 2025, which is 19% below its 10-year median of 15.97. GuruFocus rates TPE:2465 with a GF Score™ of 66/100 and a GF Value™ of NT$55.83 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,437 Hardware companies, Leadtek Research ranks worse than 97.99% on this metric.

Leadtek Research's average Accounts Payable for the three months ended in Dec. 2025 was NT$118 Mil. Leadtek Research's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$831 Mil. Hence, Leadtek Research's Days Payable for the three months ended in Dec. 2025 was 12.93.

The historical rank and industry rank for Leadtek Research's Days Payable or its related term are showing as below:

TPE:2465' s Days Payable Range Over the Past 10 Years
Min: 9.94   Med: 15.97   Max: 26.83
Current: 10.92

During the past 13 years, Leadtek Research's highest Days Payable was 26.83. The lowest was 9.94. And the median was 15.97.

TPE:2465's Days Payable is ranked worse than
97.99% of 2437 companies
in the Hardware industry
Industry Median: 69.89 vs TPE:2465: 10.92

Leadtek Research's Days Payable increased from Dec. 2024 (10.29) to Dec. 2025 (12.93). It may suggest that Leadtek Research delayed paying its suppliers.


Leadtek Research Days Payable Historical Data

* Premium members only.

The historical data trend for Leadtek Research'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.

Leadtek Research Days Payable Chart

Leadtek Research 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 9.94 15.84 14.75 10.61 10.15

Leadtek Research 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 10.29 18.38 17.33 5.54 12.93

TPE:2465 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Leadtek Research'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.


Leadtek Research Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Leadtek Research's Days Payable distribution charts can be found below:

* The bar in red indicates where Leadtek Research's Days Payable falls into.


TPE:2465
66GF Score
Leadtek Research Inc TPE:2465
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leadtek Research 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.

Leadtek Research'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
=( (109.486 + 113.015) / 2 ) / 4000.364*365
=111.2505 / 4000.364*365
=10.15

Leadtek Research'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
=( (122.451 + 113.015) / 2 ) / 831.083*365 / 4
=117.733 / 831.083*365 / 4
=12.93

* 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 12.93 mean?
Leadtek Research (TPE:2465) has a Days Payable of 12.93 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 Leadtek Research and its competitors. This is 19% below median its historical median of 15.97. Over the past decade, Leadtek Research's Days Payable has ranged from 9.94 to 26.83. According to the industry distribution chart, Leadtek Research ranks #2388 out of 2437 companies in the Hardware industry, placing it in the top 98%.
Is Leadtek Research's Days Payable too high?
Leadtek Research's current Days Payable of 12.93 is 19% below median its 10-year median of 15.97. Over the past 10 years, this metric has ranged from a low of 9.94 to a high of 26.83. The Hardware industry median Days Payable is 69.89. Leadtek Research's value of 12.93 is 81.5% below this industry median. Based on the distribution chart, Leadtek Research ranks #2388 out of 2437 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Leadtek Research has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leadtek Research's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Leadtek Research ranks #2388 out of 2437 companies for Days Payable. This places Leadtek Research in the lower half of its industry. The industry median Days Payable is 69.89. Leadtek Research's value of 12.93 is 81.5% below this benchmark. Historically, Leadtek Research's own Days Payable has ranged from 9.94 to 26.83 over the past decade. While the company's 10-year median is 15.97 vs. the industry median of 69.89, Leadtek Research 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 2,437 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. Leadtek Research's current Days Payable of 12.93 is 81.5% 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 Leadtek Research 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. Leadtek Research's current Days Payable is 12.93, which is 19% below median its own 10-year median of 15.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leadtek Research stock overvalued right now?
Based on GuruFocus' analysis, Leadtek Research (TPE:2465) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.83, compared to a current price of NT$81.40 — trading 45.8% above its estimated fair value. The current Days Payable is 12.93, which is 19% below median its 10-year median of 15.97 and 81.5% below the Hardware industry median of 69.89. Leadtek Research's overall GF Score™ is 66/100 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 Leadtek Research (TPE:2465), the current Days Payable is 12.93 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 Leadtek Research (TPE:2465) Overvalued in 2026?

Based on GuruFocus' analysis, Leadtek Research stock appears to be overvalued. The current stock price of NT$81.40 is trading 45.8% above its estimated GF Value™ of NT$55.83. GuruFocus considers Leadtek Research to be Significantly Overvalued.

Key valuation signals for TPE:2465:

  • Days Payable: 12.93 (19% below median its 10-year median of 15.97)
  • GF Value™: NT$55.83 vs. price of NT$81.40 (45.8% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 81.5% below the Hardware median (#2388 of 2437)

No single metric tells the full story. See the TPE:2465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leadtek Research Business Description

Address No. 166, Jian 1st Road, 18th Floor, Zhonghe District, New Taipei City, TWN
Leadtek Research Inc is the design, manufacturing, and trading of communication devices, computers, communications, telecommunications, and peripheral equipment. Company has two reportable segments: the computer product department and the smart healthcare department. The products offered by the company include computer entertainment graphics cards, AI Inference devices, AI cloud supercomputing workstations, GPU-based AI workstations, servers, and professional graphics cards (WinFast/RTX). The company has expanded beyond computer hardware into smart medical healthcare, offering AI-driven diagnostic devices, wearable ECG monitors, and health management platforms and others. Geographically, company's regional market includes Mainland China, Taiwan, USA, Hong Kong, Korea and other countries.
66GF Score

Get the complete analysis for TPE:2465

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

NT$81.40
Price
NT$55.83
GF Value