Formosa Sumco TechnologyTPE:3532 +9.89%56 Days Payable is 17.11 as of Dec. 2025, which is 24% below its 10-year median of 22.66. GuruFocus rates TPE:3532 with a GF Score™ of 56/100 and a GF Value™ of NT$117.39 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 997 Semiconductors companies, Formosa Sumco Technology ranks worse than 88.77% on this metric.
* 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:3532 vs AMAT, LRCX, KLAC: Days Payable Comparison
For the Semiconductor Equipment & Materials subindustry, Formosa Sumco 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.
Formosa Sumco Technology Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Formosa Sumco Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Formosa Sumco Technology's Days Payable falls into.
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.
Formosa Sumco Technology's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Formosa Sumco Technology (TPE:3532) has a Days Payable of 17.11 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 Formosa Sumco Technology and its competitors. This is 24% below median its historical median of 22.66. Over the past decade, Formosa Sumco Technology's Days Payable has ranged from 18.95 to 26.25. According to the industry distribution chart, Formosa Sumco Technology ranks #885 out of 997 companies in the Semiconductors industry, placing it in the top 88.8%.
Is Formosa Sumco Technology's Days Payable too high?
Formosa Sumco Technology's current Days Payable of 17.11 is 24% below median its 10-year median of 22.66. Over the past 10 years, this metric has ranged from a low of 18.95 to a high of 26.25. The Semiconductors industry median Days Payable is 53.06. Formosa Sumco Technology's value of 17.11 is 67.8% below this industry median. Based on the distribution chart, Formosa Sumco Technology ranks #885 out of 997 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Formosa Sumco Technology has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Sumco Technology's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Formosa Sumco Technology ranks #885 out of 997 companies for Days Payable. This places Formosa Sumco Technology in the lower half of its industry. The industry median Days Payable is 53.06. Formosa Sumco Technology's value of 17.11 is 67.8% below this benchmark. Historically, Formosa Sumco Technology's own Days Payable has ranged from 18.95 to 26.25 over the past decade. While the company's 10-year median is 22.66 vs. the industry median of 53.06, Formosa Sumco Technology 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. Formosa Sumco Technology's current Days Payable of 17.11 is 67.8% 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 Formosa Sumco Technology and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Sumco Technology's current Days Payable is 17.11, which is 24% below median its own 10-year median of 22.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Sumco Technology stock overvalued right now?
Based on GuruFocus' analysis, Formosa Sumco Technology (TPE:3532) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$117.39, compared to a current price of NT$400.00 — trading 240.7% above its estimated fair value. The current Days Payable is 17.11, which is 24% below median its 10-year median of 22.66 and 67.8% below the Semiconductors industry median of 53.06. Formosa Sumco Technology's overall GF Score™ is 56/100 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 Formosa Sumco Technology (TPE:3532), the current Days Payable is 17.11 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 Formosa Sumco Technology (TPE:3532) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Sumco Technology stock appears to be overvalued.
The current stock price of NT$400.00 is trading 240.7% above its estimated GF Value™ of NT$117.39.
GuruFocus considers Formosa Sumco Technology to be Significantly Overvalued.
Key valuation signals for TPE:3532:
Days Payable: 17.11 (24% below median its 10-year median of 22.66)
GF Value™: NT$117.39 vs. price of NT$400.00 (240.7% above fair value)
Industry Position: 67.8% below the Semiconductors median (#885 of 997)
No single metric tells the full story. See the TPE:3532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Sumco Technology Corp is a Taiwan-based manufacturer and seller of silicon wafer electronic products. The company operates in two principal geographical areas: Taiwan, China, and Japan, with the majority of revenue from Taiwan. The company's product range includes Polished Wafers, Annealed Wafers, Test Wafers, and Epitaxial Wafers.
56GF Score
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