Macnica Anstek (TPE:3528) Days Payable: 120.78 (As of Dec. 2025) — 28% Above Median


TPE:3528 Macnica Anstek Inc TPE:3528
77 GF Score
Price NT$98.80
GF Value NT$87.82
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Macnica Anstek Days Payable?

Macnica Anstek TPE:3528 -1.10% 77 Days Payable is 120.78 as of Dec. 2025, which is 28% above its 10-year median of 94.37. GuruFocus rates TPE:3528 with a GF Score™ of 77/100 and a GF Value™ of NT$87.82 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,436 Hardware companies, Macnica Anstek ranks better than 66.01% on this metric.

Macnica Anstek's average Accounts Payable for the three months ended in Dec. 2025 was NT$3,318 Mil. Macnica Anstek's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,507 Mil. Hence, Macnica Anstek's Days Payable for the three months ended in Dec. 2025 was 120.78.

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

TPE:3528' s Days Payable Range Over the Past 10 Years
Min: 75.1   Med: 94.37   Max: 158.35
Current: 94.18

During the past 13 years, Macnica Anstek's highest Days Payable was 158.35. The lowest was 75.10. And the median was 94.37.

TPE:3528's Days Payable is ranked better than
66.01% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs TPE:3528: 94.18

Macnica Anstek's Days Payable declined from Dec. 2024 (131.18) to Dec. 2025 (120.78). It may suggest that Macnica Anstek accelerated paying its suppliers.


Macnica Anstek Days Payable Historical Data

* Premium members only.

The historical data trend for Macnica Anstek'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.

Macnica Anstek Days Payable Chart

Macnica Anstek 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 90.18 132.58 153.17 158.35 116.99

Macnica Anstek 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 131.18 81.63 53.00 84.63 120.78

TPE:3528 vs SNX, ARW, AVT: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, Macnica Anstek'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.


Macnica Anstek Days Payable vs Hardware Industry

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

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


TPE:3528
77GF Score
Macnica Anstek Inc TPE:3528
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Macnica Anstek 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.

Macnica Anstek'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
=( (1592.303 + 3510.894) / 2 ) / 7960.487*365
=2551.5985 / 7960.487*365
=116.99

Macnica Anstek'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
=( (3125.995 + 3510.894) / 2 ) / 2507.202*365 / 4
=3318.4445 / 2507.202*365 / 4
=120.78

* 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 120.78 mean?
Macnica Anstek (TPE:3528) has a Days Payable of 120.78 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 Macnica Anstek and its competitors. This is 28% above median its historical median of 94.37. Over the past decade, Macnica Anstek's Days Payable has ranged from 75.10 to 158.35. According to the industry distribution chart, Macnica Anstek ranks #828 out of 2436 companies in the Hardware industry, placing it in the top 34%.
Is Macnica Anstek's Days Payable too high?
Macnica Anstek's current Days Payable of 120.78 is 28% above median its 10-year median of 94.37. Over the past 10 years, this metric has ranged from a low of 75.10 to a high of 158.35. The Hardware industry median Days Payable is 69.89. Macnica Anstek's value of 120.78 is 72.8% above this industry median. Based on the distribution chart, Macnica Anstek ranks #828 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Macnica Anstek has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macnica Anstek's Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Macnica Anstek ranks #828 out of 2436 companies for Days Payable. This puts Macnica Anstek in the upper half of its industry. The industry median Days Payable is 69.89. Macnica Anstek's value of 120.78 is 72.8% above this benchmark. Historically, Macnica Anstek's own Days Payable has ranged from 75.10 to 158.35 over the past decade. While the company's 10-year median is 94.37 vs. the industry median of 69.89, Macnica Anstek 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. Macnica Anstek's current Days Payable of 120.78 is 72.8% 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 Macnica Anstek 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. Macnica Anstek's current Days Payable is 120.78, which is 28% above median its own 10-year median of 94.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Anstek stock overvalued right now?
Based on GuruFocus' analysis, Macnica Anstek (TPE:3528) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$87.82, compared to a current price of NT$98.80 — trading 12.5% above its estimated fair value. The current Days Payable is 120.78, which is 28% above median its 10-year median of 94.37 and 72.8% above the Hardware industry median of 69.89. Macnica Anstek's overall GF Score™ is 77/100 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 Macnica Anstek (TPE:3528), the current Days Payable is 120.78 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 Macnica Anstek (TPE:3528) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Anstek stock appears to be overvalued. The current stock price of NT$98.80 is trading 12.5% above its estimated GF Value™ of NT$87.82. GuruFocus considers Macnica Anstek to be Modestly Overvalued.

Key valuation signals for TPE:3528:

  • Days Payable: 120.78 (28% above median its 10-year median of 94.37)
  • GF Value™: NT$87.82 vs. price of NT$98.80 (12.5% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 72.8% above the Hardware median (#828 of 2436)

No single metric tells the full story. See the TPE:3528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macnica Anstek Business Description

Address Xintai 5th Road, 21st Floor, No. 75, Section 1, Xizhi District, New Taipei City, TWN
Macnica Anstek Inc is engaged in import, export and trading of electronic components. The company supplies analogue, semiconductor devices and related technologies.
77GF Score

Get the complete analysis for TPE:3528

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

NT$98.80
Price
NT$87.82
GF Value