* 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:3013 vs SNDK, DELL, STX: Days Payable Comparison
For the Computer Hardware subindustry, Chenming Electronic Technology'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.
Chenming Electronic Technology Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Chenming Electronic Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Chenming Electronic Technology's Days Payable falls into.
Chenming Electronic Technology 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.
* 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.
Chenming Electronic Technology (TPE:3013) has a Days Payable of 99.85 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 Chenming Electronic Technology and its competitors. This is near median its historical median of 104.23. Over the past decade, Chenming Electronic Technology's Days Payable has ranged from 65.20 to 139.34. According to the industry distribution chart, Chenming Electronic Technology ranks #696 out of 2436 companies in the Hardware industry, placing it in the top 28.6%.
Is Chenming Electronic Technology's Days Payable too high?
Chenming Electronic Technology's current Days Payable of 99.85 is near median its 10-year median of 104.23. Over the past 10 years, this metric has ranged from a low of 65.20 to a high of 139.34. The Hardware industry median Days Payable is 69.89. Chenming Electronic Technology's value of 99.85 is 42.9% above this industry median. Based on the distribution chart, Chenming Electronic Technology ranks #696 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Chenming Electronic Technology has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chenming Electronic Technology's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Chenming Electronic Technology ranks #696 out of 2436 companies for Days Payable. This puts Chenming Electronic Technology in the upper half of its industry. The industry median Days Payable is 69.89. Chenming Electronic Technology's value of 99.85 is 42.9% above this benchmark. Historically, Chenming Electronic Technology's own Days Payable has ranged from 65.20 to 139.34 over the past decade. While the company's 10-year median is 104.23 vs. the industry median of 69.89, Chenming Electronic Technology 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 69.89, 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. Chenming Electronic Technology's current Days Payable of 99.85 is 42.9% 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 Chenming Electronic Technology 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. Chenming Electronic Technology's current Days Payable is 99.85, which is near median its own 10-year median of 104.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenming Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Chenming Electronic Technology (TPE:3013) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$147.76, compared to a current price of NT$109.00 — trading 26.2% below its estimated fair value. The current Days Payable is 99.85, which is near median its 10-year median of 104.23 and 42.9% above the Hardware industry median of 69.89. Chenming Electronic Technology's overall GF Score™ is 88/100 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 Chenming Electronic Technology (TPE:3013), the current Days Payable is 99.85 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 Chenming Electronic Technology (TPE:3013) Overvalued in 2026?
Based on GuruFocus' analysis, Chenming Electronic Technology stock appears to be undervalued.
The current stock price of NT$109.00 is trading 26.2% below its estimated GF Value™ of NT$147.76.
GuruFocus considers Chenming Electronic Technology to be Modestly Undervalued.
Key valuation signals for TPE:3013:
Days Payable: 99.85 (near median its 10-year median of 104.23)
GF Value™: NT$147.76 vs. price of NT$109.00 (26.2% below fair value)
Industry Position: 42.9% above the Hardware median (#696 of 2436)
No single metric tells the full story. See the TPE:3013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chenming Electronic Technology Business Description
Chenming Electronic Technology Corp is engaged in the manufacturing, research and development, and sale of server cases and computer cases. Geographically, it operates in China, Taiwan, the USA, and other countries. It generates the majority of its revenue from the USA, followed by Taiwan. The group has only one operating segment, which produces computer and mobile device components.
88GF Score
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