Excel Cell Electronic Co (TPE:2483) Days Payable: 53.77 (As of Dec. 2025) — Near Median


TPE:2483 Excel Cell Electronic Co Ltd TPE:2483
57 GF Score
Price NT$68.00
GF Value NT$21.02
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Excel Cell Electronic Co Days Payable?

Excel Cell Electronic Co TPE:2483 57 Days Payable is 53.77 as of Dec. 2025, which is 1% below its 10-year median of 54.54. GuruFocus rates TPE:2483 with a GF Score™ of 57/100 and a GF Value™ of NT$21.02 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,994 Industrial Products companies, Excel Cell Electronic Co ranks worse than 66.67% on this metric.

Excel Cell Electronic Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$234 Mil. Excel Cell Electronic Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$397 Mil. Hence, Excel Cell Electronic Co's Days Payable for the three months ended in Dec. 2025 was 53.77.

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

TPE:2483' s Days Payable Range Over the Past 10 Years
Min: 49.5   Med: 54.54   Max: 78.33
Current: 53.39

During the past 13 years, Excel Cell Electronic Co's highest Days Payable was 78.33. The lowest was 49.50. And the median was 54.54.

TPE:2483's Days Payable is ranked worse than
66.67% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs TPE:2483: 53.39

Excel Cell Electronic Co's Days Payable increased from Dec. 2024 (48.19) to Dec. 2025 (53.77). It may suggest that Excel Cell Electronic Co delayed paying its suppliers.


Excel Cell Electronic Co Days Payable Historical Data

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The historical data trend for Excel Cell Electronic 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.

Excel Cell Electronic Co Days Payable Chart

Excel Cell Electronic 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 52.65 52.46 49.50 53.08 54.81

Excel Cell Electronic 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 48.19 55.27 49.09 54.41 53.77

TPE:2483 vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Excel Cell Electronic 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.


Excel Cell Electronic Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Excel Cell Electronic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Excel Cell Electronic Co's Days Payable falls into.


TPE:2483
57GF Score
Excel Cell Electronic Co Ltd TPE:2483
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Excel Cell Electronic 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.

Excel Cell Electronic 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
=( (241.42 + 239.081) / 2 ) / 1599.98*365
=240.2505 / 1599.98*365
=54.81

Excel Cell Electronic 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
=( (229.301 + 239.081) / 2 ) / 397.445*365 / 4
=234.191 / 397.445*365 / 4
=53.77

* 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 53.77 mean?
Excel Cell Electronic Co (TPE:2483) has a Days Payable of 53.77 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 Excel Cell Electronic Co and its competitors. This is near median its historical median of 54.54. Over the past decade, Excel Cell Electronic Co's Days Payable has ranged from 49.50 to 78.33. According to the industry distribution chart, Excel Cell Electronic Co ranks #1996 out of 2994 companies in the Industrial Products industry, placing it in the top 66.7%.
Is Excel Cell Electronic Co's Days Payable too high?
Excel Cell Electronic Co's current Days Payable of 53.77 is near median its 10-year median of 54.54. Over the past 10 years, this metric has ranged from a low of 49.50 to a high of 78.33. The Industrial Products industry median Days Payable is 78.05. Excel Cell Electronic Co's value of 53.77 is 31.1% below this industry median. Based on the distribution chart, Excel Cell Electronic Co ranks #1996 out of 2994 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Excel Cell Electronic Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Excel Cell Electronic Co's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Excel Cell Electronic Co ranks #1996 out of 2994 companies for Days Payable. This places Excel Cell Electronic Co in the lower half of its industry. The industry median Days Payable is 78.05. Excel Cell Electronic Co's value of 53.77 is 31.1% below this benchmark. Historically, Excel Cell Electronic Co's own Days Payable has ranged from 49.50 to 78.33 over the past decade. While the company's 10-year median is 54.54 vs. the industry median of 78.05, Excel Cell Electronic 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,994 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. Excel Cell Electronic Co's current Days Payable of 53.77 is 31.1% 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 Excel Cell Electronic Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excel Cell Electronic Co's current Days Payable is 53.77, which is near median its own 10-year median of 54.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Cell Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Excel Cell Electronic Co (TPE:2483) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$21.02, compared to a current price of NT$68.00 — trading 223.5% above its estimated fair value. The current Days Payable is 53.77, which is near median its 10-year median of 54.54 and 31.1% below the Industrial Products industry median of 78.05. Excel Cell Electronic Co's overall GF Score™ is 57/100 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 Excel Cell Electronic Co (TPE:2483), the current Days Payable is 53.77 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 Excel Cell Electronic Co (TPE:2483) Overvalued in 2026?

Based on GuruFocus' analysis, Excel Cell Electronic Co stock appears to be overvalued. The current stock price of NT$68.00 is trading 223.5% above its estimated GF Value™ of NT$21.02. GuruFocus considers Excel Cell Electronic Co to be Significantly Overvalued.

Key valuation signals for TPE:2483:

  • Days Payable: 53.77 (near median its 10-year median of 54.54)
  • GF Value™: NT$21.02 vs. price of NT$68.00 (223.5% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 31.1% below the Industrial Products median (#1996 of 2994)

No single metric tells the full story. See the TPE:2483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excel Cell Electronic Co Business Description

Address No. 20, Gongyequ 25th road, Nantun District, Taichung, TWN, 408216
Excel Cell Electronic Co Ltd is engaged in the manufacture and sale of electronic components such as programmable switches, relays, terminal blocks, and lead frames, as well as the processing and sale of various batteries, which are also their sales items. Its products are the main components for computer and communication equipment. The segment includes: the Taiwan Company, China Subsidiaries, and others segment. Product-wise, the firm generates the majority of its revenue from Semiconductors, followed by Electronic Components, Stepping Motor, and Relays.
57GF Score

Get the complete analysis for TPE:2483

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

NT$68.00
Price
NT$21.02
GF Value