Hiwin MikrosystemTPE:4576 -5.32%64 Days Payable is 91.17 as of Dec. 2025, which is 10% above its 10-year median of 83.17. GuruFocus rates TPE:4576 with a GF Score™ of 64/100 and a GF Value™ of NT$125.29 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,991 Industrial Products companies, Hiwin Mikrosystem ranks better than 51.96% on this metric.
The historical rank and industry rank for Hiwin Mikrosystem's Days Payable or its related term are showing as below:
TPE:4576'
s Days Payable Range Over the Past 10 Years
Min: 75.6 Med: 83.17 Max: 114
Current: 81.21
During the past 11 years, Hiwin Mikrosystem's highest Days Payable was 114.00. The lowest was 75.60. And the median was 83.17.
TPE:4576's Days Payable is ranked better than 51.96% of 2991
companies
in the Industrial Products industry
Industry Median: 78.08
vs TPE:4576: 81.21
Hiwin Mikrosystem's Days Payable
increased
from Dec. 2024 (77.18) to Dec. 2025 (91.17).
It may suggest that Hiwin Mikrosystemdelayed paying its suppliers.
Hiwin Mikrosystem Days Payable Related Terms
Hiwin Mikrosystem Days Payable Historical Data
* Premium members only.
The historical data trend for Hiwin Mikrosystem'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.
For the Electrical Equipment & Parts subindustry, Hiwin Mikrosystem'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.
Hiwin Mikrosystem Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hiwin Mikrosystem's Days Payable distribution charts can be found below:
* The bar in red indicates where Hiwin Mikrosystem'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.
Hiwin Mikrosystem'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.
Hiwin Mikrosystem (TPE:4576) has a Days Payable of 91.17 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 Hiwin Mikrosystem and its competitors. This is 10% above median its historical median of 83.17. Over the past decade, Hiwin Mikrosystem's Days Payable has ranged from 75.60 to 114.00. According to the industry distribution chart, Hiwin Mikrosystem ranks #1437 out of 2991 companies in the Industrial Products industry, placing it in the top 48%.
Is Hiwin Mikrosystem's Days Payable too high?
Hiwin Mikrosystem's current Days Payable of 91.17 is 10% above median its 10-year median of 83.17. Over the past 10 years, this metric has ranged from a low of 75.60 to a high of 114.00. The Industrial Products industry median Days Payable is 78.08. Hiwin Mikrosystem's value of 91.17 is 16.8% above this industry median. Based on the distribution chart, Hiwin Mikrosystem ranks #1437 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hiwin Mikrosystem has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Mikrosystem's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hiwin Mikrosystem ranks #1437 out of 2991 companies for Days Payable. This puts Hiwin Mikrosystem in the upper half of its industry. The industry median Days Payable is 78.08. Hiwin Mikrosystem's value of 91.17 is 16.8% above this benchmark. Historically, Hiwin Mikrosystem's own Days Payable has ranged from 75.60 to 114.00 over the past decade. While the company's 10-year median is 83.17 vs. the industry median of 78.08, Hiwin Mikrosystem 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 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. Hiwin Mikrosystem's current Days Payable of 91.17 is 16.8% 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 Hiwin Mikrosystem 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. Hiwin Mikrosystem's current Days Payable is 91.17, which is 10% above median its own 10-year median of 83.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Mikrosystem stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Mikrosystem (TPE:4576) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$125.29, compared to a current price of NT$222.50 — trading 77.6% above its estimated fair value. The current Days Payable is 91.17, which is 10% above median its 10-year median of 83.17 and 16.8% above the Industrial Products industry median of 78.08. Hiwin Mikrosystem's overall GF Score™ is 64/100 with 4 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 Hiwin Mikrosystem (TPE:4576), the current Days Payable is 91.17 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 Hiwin Mikrosystem (TPE:4576) Overvalued in 2026?
Based on GuruFocus' analysis, Hiwin Mikrosystem stock appears to be overvalued.
The current stock price of NT$222.50 is trading 77.6% above its estimated GF Value™ of NT$125.29.
GuruFocus considers Hiwin Mikrosystem to be Significantly Overvalued.
Key valuation signals for TPE:4576:
Days Payable: 91.17 (10% above median its 10-year median of 83.17)
GF Value™: NT$125.29 vs. price of NT$222.50 (77.6% above fair value)
Industry Position: 16.8% above the Industrial Products median (#1437 of 2991)
No single metric tells the full story. See the TPE:4576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiwin Mikrosystem Corp is engaged in manufacturing, repairing, and selling a variety of motors, drives, and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motors, and single-axis motors, among others. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation. The company's reportable segments are precision motion and control parts, micro and nano-positioning systems and others. The majority of revenue is derived from the micro and nano-positioning systems segment. Geographically, the maximum revenue is generated from Taiwan.
64GF Score
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