Zyxel Group (TPE:3704) Days Payable: 81.79 (As of Dec. 2025) — Near Median


TPE:3704 Zyxel Group Corp TPE:3704
75 GF Score
Price NT$46.95
GF Value NT$36.82
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Zyxel Group Days Payable?

Zyxel Group TPE:3704 +4.68% 75 Days Payable is 81.79 as of Dec. 2025, which is 4% below its 10-year median of 84.76. GuruFocus rates TPE:3704 with a GF Score™ of 75/100 and a GF Value™ of NT$36.82 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,440 Hardware companies, Zyxel Group ranks better than 57.58% on this metric.

Zyxel Group's average Accounts Payable for the three months ended in Dec. 2025 was NT$3,519 Mil. Zyxel Group's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$3,926 Mil. Hence, Zyxel Group's Days Payable for the three months ended in Dec. 2025 was 81.79.

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

TPE:3704' s Days Payable Range Over the Past 10 Years
Min: 71.58   Med: 84.76   Max: 102.04
Current: 80.23

During the past 13 years, Zyxel Group's highest Days Payable was 102.04. The lowest was 71.58. And the median was 84.76.

TPE:3704's Days Payable is ranked better than
57.58% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:3704: 80.23

Zyxel Group's Days Payable increased from Dec. 2024 (66.92) to Dec. 2025 (81.79). It may suggest that Zyxel Group delayed paying its suppliers.


Zyxel Group Days Payable Historical Data

* Premium members only.

The historical data trend for Zyxel Group'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.

Zyxel Group Days Payable Chart

Zyxel Group 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 100.28 92.41 80.22 71.58 74.29

Zyxel Group 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 66.92 76.53 89.61 79.72 81.79

TPE:3704 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, Zyxel Group'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.


Zyxel Group Days Payable vs Hardware Industry

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

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


TPE:3704
75GF Score
Zyxel Group Corp TPE:3704
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zyxel Group 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.

Zyxel Group'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
=( (4155.961 + 3395.57) / 2 ) / 18551.875*365
=3775.7655 / 18551.875*365
=74.29

Zyxel Group'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
=( (3643.198 + 3395.57) / 2 ) / 3926.272*365 / 4
=3519.384 / 3926.272*365 / 4
=81.79

* 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 81.79 mean?
Zyxel Group (TPE:3704) has a Days Payable of 81.79 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 Zyxel Group and its competitors. This is near median its historical median of 84.76. Over the past decade, Zyxel Group's Days Payable has ranged from 71.58 to 102.04. According to the industry distribution chart, Zyxel Group ranks #1035 out of 2440 companies in the Hardware industry, placing it in the top 42.4%.
Is Zyxel Group's Days Payable too high?
Zyxel Group's current Days Payable of 81.79 is near median its 10-year median of 84.76. Over the past 10 years, this metric has ranged from a low of 71.58 to a high of 102.04. The Hardware industry median Days Payable is 69.94. Zyxel Group's value of 81.79 is 17% above this industry median. Based on the distribution chart, Zyxel Group ranks #1035 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Zyxel Group has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Zyxel Group ranks #1035 out of 2440 companies for Days Payable. This puts Zyxel Group in the upper half of its industry. The industry median Days Payable is 69.94. Zyxel Group's value of 81.79 is 17% above this benchmark. Historically, Zyxel Group's own Days Payable has ranged from 71.58 to 102.04 over the past decade. While the company's 10-year median is 84.76 vs. the industry median of 69.94, Zyxel Group 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. Zyxel Group's current Days Payable of 81.79 is 17% 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 Zyxel Group 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. Zyxel Group's current Days Payable is 81.79, which is near median its own 10-year median of 84.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$36.82, compared to a current price of NT$46.95 — trading 27.5% above its estimated fair value. The current Days Payable is 81.79, which is near median its 10-year median of 84.76 and 17% above the Hardware industry median of 69.94. Zyxel Group's overall GF Score™ is 75/100 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 Zyxel Group (TPE:3704), the current Days Payable is 81.79 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 Zyxel Group (TPE:3704) Overvalued in 2026?

Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued. The current stock price of NT$46.95 is trading 27.5% above its estimated GF Value™ of NT$36.82. GuruFocus considers Zyxel Group to be Modestly Overvalued.

Key valuation signals for TPE:3704:

  • Days Payable: 81.79 (near median its 10-year median of 84.76)
  • GF Value™: NT$36.82 vs. price of NT$46.95 (27.5% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 17% above the Hardware median (#1035 of 2440)

No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zyxel Group Business Description

Address Gongdao 5th Road, 3rd Floor, No. 363, Section 2, East District, Hsinchu, TWN
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
75GF Score

Get the complete analysis for TPE:3704

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

NT$46.95
Price
NT$36.82
GF Value