Aces Electronic Co (TPE:3605) Days Payable: 90.90 (As of Dec. 2025) — 17% Above Median


TPE:3605 Aces Electronic Co Ltd TPE:3605
77 GF Score
Price NT$90.10
GF Value NT$55.55
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Aces Electronic Co Days Payable?

Aces Electronic Co TPE:3605 +5.26% 77 Days Payable is 90.90 as of Dec. 2025, which is 17% above its 10-year median of 77.66. GuruFocus rates TPE:3605 with a GF Score™ of 77/100 and a GF Value™ of NT$55.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,440 Hardware companies, Aces Electronic Co ranks better than 61.39% on this metric.

Aces Electronic Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,978 Mil. Aces Electronic Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,986 Mil. Hence, Aces Electronic Co's Days Payable for the three months ended in Dec. 2025 was 90.90.

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

TPE:3605' s Days Payable Range Over the Past 10 Years
Min: 65.97   Med: 77.66   Max: 90.24
Current: 86.84

During the past 13 years, Aces Electronic Co's highest Days Payable was 90.24. The lowest was 65.97. And the median was 77.66.

TPE:3605's Days Payable is ranked better than
61.39% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:3605: 86.84

Aces Electronic Co's Days Payable increased from Dec. 2024 (86.14) to Dec. 2025 (90.90). It may suggest that Aces Electronic Co delayed paying its suppliers.


Aces Electronic Co Days Payable Historical Data

* Premium members only.

The historical data trend for Aces Electronic Co'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.

Aces Electronic Co Days Payable Chart

Aces Electronic Co 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 76.05 79.27 82.13 82.50 90.24

Aces Electronic Co 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 86.14 89.46 81.05 82.91 90.90

TPE:3605 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Aces Electronic Co'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.


Aces Electronic Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Aces Electronic Co's Days Payable falls into.


TPE:3605
77GF Score
Aces Electronic Co Ltd TPE:3605
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aces Electronic Co 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.

Aces Electronic Co'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
=( (1960.505 + 2012.764) / 2 ) / 8035.876*365
=1986.6345 / 8035.876*365
=90.24

Aces Electronic Co'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
=( (1943.345 + 2012.764) / 2 ) / 1985.602*365 / 4
=1978.0545 / 1985.602*365 / 4
=90.90

* 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 90.90 mean?
Aces Electronic Co (TPE:3605) has a Days Payable of 90.90 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 Aces Electronic Co and its competitors. This is 17% above median its historical median of 77.66. Over the past decade, Aces Electronic Co's Days Payable has ranged from 65.97 to 90.24. According to the industry distribution chart, Aces Electronic Co ranks #942 out of 2440 companies in the Hardware industry, placing it in the top 38.6%.
Is Aces Electronic Co's Days Payable too high?
Aces Electronic Co's current Days Payable of 90.90 is 17% above median its 10-year median of 77.66. Over the past 10 years, this metric has ranged from a low of 65.97 to a high of 90.24. The Hardware industry median Days Payable is 69.94. Aces Electronic Co's value of 90.90 is 30% above this industry median. Based on the distribution chart, Aces Electronic Co ranks #942 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Aces Electronic Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aces Electronic Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Aces Electronic Co ranks #942 out of 2440 companies for Days Payable. This puts Aces Electronic Co in the upper half of its industry. The industry median Days Payable is 69.94. Aces Electronic Co's value of 90.90 is 30% above this benchmark. Historically, Aces Electronic Co's own Days Payable has ranged from 65.97 to 90.24 over the past decade. While the company's 10-year median is 77.66 vs. the industry median of 69.94, Aces Electronic Co 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 69.94, 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. Aces Electronic Co's current Days Payable of 90.90 is 30% 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 Aces Electronic Co 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. Aces Electronic Co's current Days Payable is 90.90, which is 17% above median its own 10-year median of 77.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aces Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Aces Electronic Co (TPE:3605) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.55, compared to a current price of NT$90.10 — trading 62.2% above its estimated fair value. The current Days Payable is 90.90, which is 17% above median its 10-year median of 77.66 and 30% above the Hardware industry median of 69.94. Aces Electronic Co'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 Aces Electronic Co (TPE:3605), the current Days Payable is 90.90 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 Aces Electronic Co (TPE:3605) Overvalued in 2026?

Based on GuruFocus' analysis, Aces Electronic Co stock appears to be overvalued. The current stock price of NT$90.10 is trading 62.2% above its estimated GF Value™ of NT$55.55. GuruFocus considers Aces Electronic Co to be Significantly Overvalued.

Key valuation signals for TPE:3605:

  • Days Payable: 90.90 (17% above median its 10-year median of 77.66)
  • GF Value™: NT$55.55 vs. price of NT$90.10 (62.2% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 30% above the Hardware median (#942 of 2440)

No single metric tells the full story. See the TPE:3605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aces Electronic Co Business Description

Address No.13, Dongyuan Road, Jhongli District, Taoyuan, TWN, 32063
Aces Electronic Co Ltd is engaged in the electronic components business sector. It is mainly engaged in processing, manufacturing, and selling connectors, connector cable sets, metal stamping parts, and other electronic components. Its segments include Connectors which derives key revenue, Cables, Metal stamping, and others. Geographically, the majority of the company's revenue is generated from China and the rest from Taiwan, Philippines, the United States of America, and other countries.
77GF Score

Get the complete analysis for TPE:3605

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

NT$90.10
Price
NT$55.55
GF Value