Primax Electronics (TPE:4915) Days Payable: 101.39 (As of Mar. 2026) — Near Median

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TPE:4915 Primax Electronics Ltd TPE:4915
83 GF Score
Price NT$65.40
GF Value NT$82.15
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Primax Electronics Days Payable?

Primax Electronics TPE:4915 +2.83% 83 Days Payable is 101.39 as of Mar. 2026, which is 6% below its 10-year median of 107.95. GuruFocus rates TPE:4915 with a GF Score™ of 83/100 and a GF Value™ of NT$82.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,440 Hardware companies, Primax Electronics ranks better than 67.01% on this metric.

Primax Electronics's average Accounts Payable for the three months ended in Mar. 2026 was NT$14,875 Mil. Primax Electronics's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$13,388 Mil. Hence, Primax Electronics's Days Payable for the three months ended in Mar. 2026 was 101.39.

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

TPE:4915' s Days Payable Range Over the Past 10 Years
Min: 84.84   Med: 107.95   Max: 129.74
Current: 98.07

During the past 13 years, Primax Electronics's highest Days Payable was 129.74. The lowest was 84.84. And the median was 107.95.

TPE:4915's Days Payable is ranked better than
67.01% of 2440 companies
in the Hardware industry
Industry Median: 69.955 vs TPE:4915: 98.07

Primax Electronics's Days Payable increased from Mar. 2025 (96.22) to Mar. 2026 (101.39). It may suggest that Primax Electronics delayed paying its suppliers.


Primax Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Primax Electronics'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.

Primax Electronics Days Payable Chart

Primax Electronics 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 107.54 84.84 93.83 96.16 103.38

Primax Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 96.22 92.21 90.78 108.04 101.39

TPE:4915 vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Primax Electronics'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.


Primax Electronics Days Payable vs Hardware Industry

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

* The bar in red indicates where Primax Electronics's Days Payable falls into.


TPE:4915
83GF Score
Primax Electronics Ltd TPE:4915
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Primax Electronics 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.

Primax Electronics'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
=( (13347.474 + 14840.169) / 2 ) / 49760.11*365
=14093.8215 / 49760.11*365
=103.38

Primax Electronics's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (14840.169 + 14910.604) / 2 ) / 13387.833*365 / 4
=14875.3865 / 13387.833*365 / 4
=101.39

* 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 101.39 mean?
Primax Electronics (TPE:4915) has a Days Payable of 101.39 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Primax Electronics and its competitors. This is near median its historical median of 107.95. Over the past decade, Primax Electronics' Days Payable has ranged from 84.84 to 129.74. According to the industry distribution chart, Primax Electronics ranks #805 out of 2440 companies in the Hardware industry, placing it in the top 33%.
Is Primax Electronics' Days Payable too high?
Primax Electronics' current Days Payable of 101.39 is near median its 10-year median of 107.95. Over the past 10 years, this metric has ranged from a low of 84.84 to a high of 129.74. The Hardware industry median Days Payable is 69.96. Primax Electronics' value of 101.39 is 44.9% above this industry median. Based on the distribution chart, Primax Electronics ranks #805 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Primax Electronics has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Primax Electronics' Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Primax Electronics ranks #805 out of 2440 companies for Days Payable. This puts Primax Electronics in the upper half of its industry. The industry median Days Payable is 69.96. Primax Electronics' value of 101.39 is 44.9% above this benchmark. Historically, Primax Electronics' own Days Payable has ranged from 84.84 to 129.74 over the past decade. While the company's 10-year median is 107.95 vs. the industry median of 69.96, Primax Electronics 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 69.96, 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. Primax Electronics's current Days Payable of 101.39 is 44.9% 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 Primax Electronics and its competitors. For the Hardware industry, the median Days Payable is 69.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primax Electronics's current Days Payable is 101.39, which is near median its own 10-year median of 107.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Primax Electronics (TPE:4915) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.15, compared to a current price of NT$65.40 — trading 20.4% below its estimated fair value. The current Days Payable is 101.39, which is near median its 10-year median of 107.95 and 44.9% above the Hardware industry median of 69.96. Primax Electronics' overall GF Score™ is 83/100 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 Primax Electronics (TPE:4915), the current Days Payable is 101.39 as of Mar. 2026. 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 Primax Electronics (TPE:4915) Overvalued in 2026?

Based on GuruFocus' analysis, Primax Electronics stock appears to be undervalued. The current stock price of NT$65.40 is trading 20.4% below its estimated GF Value™ of NT$82.15. GuruFocus considers Primax Electronics to be Modestly Undervalued.

Key valuation signals for TPE:4915:

  • Days Payable: 101.39 (near median its 10-year median of 107.95)
  • GF Value™: NT$82.15 vs. price of NT$65.40 (20.4% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 44.9% above the Hardware median (#805 of 2440)

No single metric tells the full story. See the TPE:4915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Primax Electronics Business Description

Address No. 669, Ruey Kuang Road, Neihu District, Taipei, TWN, 11492
Primax Electronics Ltd is a manufacturer of components for mobile devices, personal computer peripherals, business equipment, and the digital home, that operates in two business segments; The division for computer peripherals specializes in the manufacture and sale of computer mice, keyboards, trackpads, etc. The division for non-computer peripherals specializes in the manufacture and sale of digital camera modules, mobile phone accessories, multi-function printers, scanners, shredders, amplifiers, speakers and audio systems, etc. The company derives the maximum of its revenue from the non-computer peripherals segment. Geographically, it derives maximum revenue from China.
83GF Score

Get the complete analysis for TPE:4915

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

NT$65.40
Price
NT$82.15
GF Value