Aopen (TPE:3046) Days Payable: 91.09 (As of Dec. 2025) — 22% Above Median


TPE:3046 Aopen Inc TPE:3046
79 GF Score
Price NT$53.10
GF Value NT$77.14
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Aopen Days Payable?

Aopen TPE:3046 +0.76% 79 Days Payable is 91.09 as of Dec. 2025, which is 22% above its 10-year median of 74.64. GuruFocus rates TPE:3046 with a GF Score™ of 79/100 and a GF Value™ of NT$77.14 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,436 Hardware companies, Aopen ranks better than 59.73% on this metric.

Aopen's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,800 Mil. Aopen's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,803 Mil. Hence, Aopen's Days Payable for the three months ended in Dec. 2025 was 91.09.

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

TPE:3046' s Days Payable Range Over the Past 10 Years
Min: 56.28   Med: 74.64   Max: 88.37
Current: 83.38

During the past 13 years, Aopen's highest Days Payable was 88.37. The lowest was 56.28. And the median was 74.64.

TPE:3046's Days Payable is ranked better than
59.73% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs TPE:3046: 83.38

Aopen's Days Payable declined from Dec. 2024 (130.88) to Dec. 2025 (91.09). It may suggest that Aopen accelerated paying its suppliers.


Aopen Days Payable Historical Data

* Premium members only.

The historical data trend for Aopen'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.

Aopen Days Payable Chart

Aopen 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 88.37 85.44 66.16 64.49 78.33

Aopen 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 130.88 75.88 88.84 82.46 91.09

TPE:3046 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Aopen'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.


Aopen Days Payable vs Hardware Industry

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

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


TPE:3046
79GF Score
Aopen Inc TPE:3046
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aopen 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.

Aopen'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
=( (1110.509 + 1842.59) / 2 ) / 6880.367*365
=1476.5495 / 6880.367*365
=78.33

Aopen'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
=( (1756.507 + 1842.59) / 2 ) / 1802.659*365 / 4
=1799.5485 / 1802.659*365 / 4
=91.09

* 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 91.09 mean?
Aopen (TPE:3046) has a Days Payable of 91.09 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 Aopen and its competitors. This is 22% above median its historical median of 74.64. Over the past decade, Aopen's Days Payable has ranged from 56.28 to 88.37. According to the industry distribution chart, Aopen ranks #981 out of 2436 companies in the Hardware industry, placing it in the top 40.3%.
Is Aopen's Days Payable too high?
Aopen's current Days Payable of 91.09 is 22% above median its 10-year median of 74.64. Over the past 10 years, this metric has ranged from a low of 56.28 to a high of 88.37. The Hardware industry median Days Payable is 69.89. Aopen's value of 91.09 is 30.3% above this industry median. Based on the distribution chart, Aopen ranks #981 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Aopen has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aopen's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Aopen ranks #981 out of 2436 companies for Days Payable. This puts Aopen in the upper half of its industry. The industry median Days Payable is 69.89. Aopen's value of 91.09 is 30.3% above this benchmark. Historically, Aopen's own Days Payable has ranged from 56.28 to 88.37 over the past decade. While the company's 10-year median is 74.64 vs. the industry median of 69.89, Aopen 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. Aopen's current Days Payable of 91.09 is 30.3% 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 Aopen 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. Aopen's current Days Payable is 91.09, which is 22% above median its own 10-year median of 74.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aopen stock overvalued right now?
Based on GuruFocus' analysis, Aopen (TPE:3046) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$77.14, compared to a current price of NT$53.10 — trading 31.2% below its estimated fair value. The current Days Payable is 91.09, which is 22% above median its 10-year median of 74.64 and 30.3% above the Hardware industry median of 69.89. Aopen's overall GF Score™ is 79/100 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 Aopen (TPE:3046), the current Days Payable is 91.09 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 Aopen (TPE:3046) Overvalued in 2026?

Based on GuruFocus' analysis, Aopen stock appears to be undervalued. The current stock price of NT$53.10 is trading 31.2% below its estimated GF Value™ of NT$77.14. GuruFocus considers Aopen to be Significantly Undervalued.

Key valuation signals for TPE:3046:

  • Days Payable: 91.09 (22% above median its 10-year median of 74.64)
  • GF Value™: NT$77.14 vs. price of NT$53.10 (31.2% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 30.3% above the Hardware median (#981 of 2436)

No single metric tells the full story. See the TPE:3046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aopen Business Description

Address No. 369, Fuxing North Road, 7F-5, Minfu Village, Songshan District, Taipei, TWN
Aopen Inc is engaged in the marketing, manufacturing, and trading of computer products, software, computer components, peripheral equipment, and apparatus, as well as IT product repair services for after-sales support provided to Aopen products. Its products include embedded PC, touch panel PC, remote management, commercial and consumer range display, and monitors. The company has three reportable segments: the Americas segment, the Europe segment and the Asia Pacific and emerging market segment, which engage in the research, design, and marketing of computer products, lifestyle appliances, and others. The majority of revenue is derived from the Asia Pacific and emerging market segment.
79GF Score

Get the complete analysis for TPE:3046

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

NT$53.10
Price
NT$77.14
GF Value