Wistron (TPE:3231) Days Payable: 42.43 (As of Dec. 2025) — 27% Below Median


TPE:3231 Wistron Corp TPE:3231
83 GF Score
Price NT$158.50
GF Value NT$232.56
Valuation Possible Value Trap
! 5 Warning Signs
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What is Wistron Days Payable?

Wistron TPE:3231 -0.63% 83 Days Payable is 42.43 as of Dec. 2025, which is 27% below its 10-year median of 58.09. GuruFocus rates TPE:3231 with a GF Score™ of 83/100 and a GF Value™ of NT$232.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,440 Hardware companies, Wistron ranks worse than 70.9% on this metric.

Wistron's average Accounts Payable for the three months ended in Dec. 2025 was NT$316,417 Mil. Wistron's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$680,431 Mil. Hence, Wistron's Days Payable for the three months ended in Dec. 2025 was 42.43.

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

TPE:3231' s Days Payable Range Over the Past 10 Years
Min: 46.93   Med: 58.09   Max: 65.47
Current: 46.93

During the past 13 years, Wistron's highest Days Payable was 65.47. The lowest was 46.93. And the median was 58.09.

TPE:3231's Days Payable is ranked worse than
70.9% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:3231: 46.93

Wistron's Days Payable declined from Dec. 2024 (56.32) to Dec. 2025 (42.43). It may suggest that Wistron accelerated paying its suppliers.


Wistron Days Payable Historical Data

* Premium members only.

The historical data trend for Wistron'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.

Wistron Days Payable Chart

Wistron 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 63.69 55.28 52.17 56.04 47.39

Wistron 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 56.32 56.55 44.13 49.24 42.43

TPE:3231 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Wistron'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.


Wistron Days Payable vs Hardware Industry

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

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


TPE:3231
83GF Score
Wistron Corp TPE:3231
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Wistron 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.

Wistron'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
=( (177016.173 + 356019.371) / 2 ) / 2052539.263*365
=266517.772 / 2052539.263*365
=47.39

Wistron'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
=( (276814.94 + 356019.371) / 2 ) / 680431.359*365 / 4
=316417.1555 / 680431.359*365 / 4
=42.43

* 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 42.43 mean?
Wistron (TPE:3231) has a Days Payable of 42.43 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 Wistron and its competitors. This is 27% below median its historical median of 58.09. Over the past decade, Wistron's Days Payable has ranged from 46.93 to 65.47. According to the industry distribution chart, Wistron ranks #1730 out of 2440 companies in the Hardware industry, placing it in the top 70.9%.
Is Wistron's Days Payable too high?
Wistron's current Days Payable of 42.43 is 27% below median its 10-year median of 58.09. Over the past 10 years, this metric has ranged from a low of 46.93 to a high of 65.47. The Hardware industry median Days Payable is 69.94. Wistron's value of 42.43 is 39.3% below this industry median. Based on the distribution chart, Wistron ranks #1730 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Wistron has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wistron's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Wistron ranks #1730 out of 2440 companies for Days Payable. This places Wistron in the lower half of its industry. The industry median Days Payable is 69.94. Wistron's value of 42.43 is 39.3% below this benchmark. Historically, Wistron's own Days Payable has ranged from 46.93 to 65.47 over the past decade. While the company's 10-year median is 58.09 vs. the industry median of 69.94, Wistron 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 69.94, based on 2,440 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. Wistron's current Days Payable of 42.43 is 39.3% 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 Wistron and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wistron's current Days Payable is 42.43, which is 27% below median its own 10-year median of 58.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wistron stock overvalued right now?
Based on GuruFocus' analysis, Wistron (TPE:3231) is currently considered Possible Value Trap. The stock's GF Value™ is NT$232.56, compared to a current price of NT$158.50 — trading 31.8% below its estimated fair value. The current Days Payable is 42.43, which is 27% below median its 10-year median of 58.09 and 39.3% below the Hardware industry median of 69.94. Wistron's overall GF Score™ is 83/100 with 5 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 Wistron (TPE:3231), the current Days Payable is 42.43 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 Wistron (TPE:3231) Overvalued in 2026?

Based on GuruFocus' analysis, Wistron stock appears to be undervalued. The current stock price of NT$158.50 is trading 31.8% below its estimated GF Value™ of NT$232.56. GuruFocus considers Wistron to be Possible Value Trap.

Key valuation signals for TPE:3231:

  • Days Payable: 42.43 (27% below median its 10-year median of 58.09)
  • GF Value™: NT$232.56 vs. price of NT$158.50 (31.8% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 39.3% below the Hardware median (#1730 of 2440)

No single metric tells the full story. See the TPE:3231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wistron Business Description

Address No.158, Xinan Road, Neihu District, Hsinchu, TWN, 30076
Wistron Corp is engaged in the research, development, design, manufacturing, testing and sales of the following products and semi- finished products, and their peripheral equipment, parts and components. Company is a technology service provider specializing in the research, development, manufacturing, and after-sales service of ICT (information and communications technology) products. As a key Original Design Manufacturer (ODM), it produces notebooks, desktops, servers, storage systems, smartphones, and networking devices for top brands. It's products include Computing, Enterprise & Cloud, Consumer Electronics & Others. The firm has operations in United states, China and Europe. It derives maximum revenue from United states.
83GF Score

Get the complete analysis for TPE:3231

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

NT$158.50
Price
NT$232.56
GF Value