Min Aik Precision Industrial Co (TPE:4545) Days Payable: 46.96 (As of Dec. 2025) — Near Median


TPE:4545 Min Aik Precision Industrial Co Ltd TPE:4545
79 GF Score
Price NT$38.40
GF Value NT$34.31
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Min Aik Precision Industrial Co Days Payable?

Min Aik Precision Industrial Co TPE:4545 +1.86% 79 Days Payable is 46.96 as of Dec. 2025, which is 6% below its 10-year median of 49.86. GuruFocus rates TPE:4545 with a GF Score™ of 79/100 and a GF Value™ of NT$34.31 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,991 Industrial Products companies, Min Aik Precision Industrial Co ranks worse than 74.06% on this metric.

Min Aik Precision Industrial Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$245 Mil. Min Aik Precision Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$476 Mil. Hence, Min Aik Precision Industrial Co's Days Payable for the three months ended in Dec. 2025 was 46.96.

The historical rank and industry rank for Min Aik Precision Industrial Co's Days Payable or its related term are showing as below:

TPE:4545' s Days Payable Range Over the Past 10 Years
Min: 39.71   Med: 49.86   Max: 61.06
Current: 44.48

During the past 13 years, Min Aik Precision Industrial Co's highest Days Payable was 61.06. The lowest was 39.71. And the median was 49.86.

TPE:4545's Days Payable is ranked worse than
74.06% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs TPE:4545: 44.48

Min Aik Precision Industrial Co's Days Payable declined from Dec. 2024 (47.19) to Dec. 2025 (46.96). It may suggest that Min Aik Precision Industrial Co accelerated paying its suppliers.


Min Aik Precision Industrial Co Days Payable Related Terms


Min Aik Precision Industrial Co Days Payable Historical Data

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The historical data trend for Min Aik Precision Industrial 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.

Min Aik Precision Industrial Co Days Payable Chart

Min Aik Precision Industrial 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 61.06 48.20 39.71 44.46 44.56

Min Aik Precision Industrial 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 47.19 45.63 44.89 40.83 46.96

TPE:4545 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Min Aik Precision Industrial 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.


Min Aik Precision Industrial Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Min Aik Precision Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Min Aik Precision Industrial Co's Days Payable falls into.


TPE:4545
79GF Score
Min Aik Precision Industrial Co Ltd TPE:4545
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Min Aik Precision Industrial 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.

Min Aik Precision Industrial 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
=( (251.47 + 242.395) / 2 ) / 2022.751*365
=246.9325 / 2022.751*365
=44.56

Min Aik Precision Industrial 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
=( (247.086 + 242.395) / 2 ) / 475.571*365 / 4
=244.7405 / 475.571*365 / 4
=46.96

* 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 46.96 mean?
Min Aik Precision Industrial Co (TPE:4545) has a Days Payable of 46.96 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 Min Aik Precision Industrial Co and its competitors. This is near median its historical median of 49.86. Over the past decade, Min Aik Precision Industrial Co's Days Payable has ranged from 39.71 to 61.06. According to the industry distribution chart, Min Aik Precision Industrial Co ranks #2215 out of 2991 companies in the Industrial Products industry, placing it in the top 74.1%.
Is Min Aik Precision Industrial Co's Days Payable too high?
Min Aik Precision Industrial Co's current Days Payable of 46.96 is near median its 10-year median of 49.86. Over the past 10 years, this metric has ranged from a low of 39.71 to a high of 61.06. The Industrial Products industry median Days Payable is 78.08. Min Aik Precision Industrial Co's value of 46.96 is 39.9% below this industry median. Based on the distribution chart, Min Aik Precision Industrial Co ranks #2215 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Min Aik Precision Industrial Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Min Aik Precision Industrial Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Min Aik Precision Industrial Co ranks #2215 out of 2991 companies for Days Payable. This places Min Aik Precision Industrial Co in the lower half of its industry. The industry median Days Payable is 78.08. Min Aik Precision Industrial Co's value of 46.96 is 39.9% below this benchmark. Historically, Min Aik Precision Industrial Co's own Days Payable has ranged from 39.71 to 61.06 over the past decade. While the company's 10-year median is 49.86 vs. the industry median of 78.08, Min Aik Precision Industrial Co 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Min Aik Precision Industrial Co's current Days Payable of 46.96 is 39.9% 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 Min Aik Precision Industrial Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Min Aik Precision Industrial Co's current Days Payable is 46.96, which is near median its own 10-year median of 49.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Min Aik Precision Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Min Aik Precision Industrial Co (TPE:4545) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$34.31, compared to a current price of NT$38.40 — trading 11.9% above its estimated fair value. The current Days Payable is 46.96, which is near median its 10-year median of 49.86 and 39.9% below the Industrial Products industry median of 78.08. Min Aik Precision Industrial Co's overall GF Score™ is 79/100 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 Min Aik Precision Industrial Co (TPE:4545), the current Days Payable is 46.96 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 Min Aik Precision Industrial Co (TPE:4545) Overvalued in 2026?

Based on GuruFocus' analysis, Min Aik Precision Industrial Co stock appears to be overvalued. The current stock price of NT$38.40 is trading 11.9% above its estimated GF Value™ of NT$34.31. GuruFocus considers Min Aik Precision Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:4545:

  • Days Payable: 46.96 (near median its 10-year median of 49.86)
  • GF Value™: NT$34.31 vs. price of NT$38.40 (11.9% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 39.9% below the Industrial Products median (#2215 of 2991)

No single metric tells the full story. See the TPE:4545 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Min Aik Precision Industrial Co Business Description

Address No. 2, Guorui Road, Guanyin District, Taoyuan, TWN, 328
Min Aik Precision Industrial Co Ltd is engaged in the processing and manufacturing of electroplating of aluminum and copper products, precision stamping components, and electroless nickel plating. It has three reportable segments: the Company, MAPP, and AMO. The company which generates key revenue, engages mainly in the development, design, and manufacture of precise components. MAPP engages mainly in the development and manufacture of medical plastic injection and molding. AMO engages mainly in the development, manufacture, and selling of automatic machines. Geographically, it derives a majority of its revenue from Singapore and Malaysia and the rest from China, Taiwan, Ireland, Thailand, and other countries.
79GF Score

Get the complete analysis for TPE:4545

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

NT$38.40
Price
NT$34.31
GF Value