Apex International Co (TPE:4927) Days Payable: 76.21 (As of Dec. 2025) — Near Median


TPE:4927 Apex International Co Ltd TPE:4927
66 GF Score
Price NT$46.55
GF Value NT$29.72
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Apex International Co Days Payable?

Apex International Co TPE:4927 -0.11% 66 Days Payable is 76.21 as of Dec. 2025, which is 5% below its 10-year median of 80.12. GuruFocus rates TPE:4927 with a GF Score™ of 66/100 and a GF Value™ of NT$29.72 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,440 Hardware companies, Apex International Co ranks better than 57.95% on this metric.

Apex International Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,529 Mil. Apex International Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$3,029 Mil. Hence, Apex International Co's Days Payable for the three months ended in Dec. 2025 was 76.21.

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

TPE:4927' s Days Payable Range Over the Past 10 Years
Min: 60.84   Med: 80.12   Max: 93.3
Current: 80.64

During the past 13 years, Apex International Co's highest Days Payable was 93.30. The lowest was 60.84. And the median was 80.12.

TPE:4927's Days Payable is ranked better than
57.95% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:4927: 80.64

Apex International Co's Days Payable increased from Dec. 2024 (72.30) to Dec. 2025 (76.21). It may suggest that Apex International Co delayed paying its suppliers.


Apex International Co Days Payable Historical Data

* Premium members only.

The historical data trend for Apex International 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.

Apex International Co Days Payable Chart

Apex International 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 93.30 84.94 62.86 60.84 74.90

Apex International 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 72.30 81.71 95.58 75.89 76.21

TPE:4927 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Apex International 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.


Apex International Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Apex International Co's Days Payable falls into.


TPE:4927
66GF Score
Apex International Co Ltd TPE:4927
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex International 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.

Apex International 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
=( (2140.236 + 2684.796) / 2 ) / 11757.229*365
=2412.516 / 11757.229*365
=74.90

Apex International 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
=( (2373.967 + 2684.796) / 2 ) / 3028.599*365 / 4
=2529.3815 / 3028.599*365 / 4
=76.21

* 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 76.21 mean?
Apex International Co (TPE:4927) has a Days Payable of 76.21 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 Apex International Co and its competitors. This is near median its historical median of 80.12. Over the past decade, Apex International Co's Days Payable has ranged from 60.84 to 93.30. According to the industry distribution chart, Apex International Co ranks #1026 out of 2440 companies in the Hardware industry, placing it in the top 42%.
Is Apex International Co's Days Payable too high?
Apex International Co's current Days Payable of 76.21 is near median its 10-year median of 80.12. Over the past 10 years, this metric has ranged from a low of 60.84 to a high of 93.30. The Hardware industry median Days Payable is 69.94. Apex International Co's value of 76.21 is 9% above this industry median. Based on the distribution chart, Apex International Co ranks #1026 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Apex International Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex International Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Apex International Co ranks #1026 out of 2440 companies for Days Payable. This puts Apex International Co in the upper half of its industry. The industry median Days Payable is 69.94. Apex International Co's value of 76.21 is 9% above this benchmark. Historically, Apex International Co's own Days Payable has ranged from 60.84 to 93.30 over the past decade. While the company's 10-year median is 80.12 vs. the industry median of 69.94, Apex International 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. Apex International Co's current Days Payable of 76.21 is 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 Apex International 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. Apex International Co's current Days Payable is 76.21, which is near median its own 10-year median of 80.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex International Co stock overvalued right now?
Based on GuruFocus' analysis, Apex International Co (TPE:4927) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.72, compared to a current price of NT$46.55 — trading 56.6% above its estimated fair value. The current Days Payable is 76.21, which is near median its 10-year median of 80.12 and 9% above the Hardware industry median of 69.94. Apex International Co's overall GF Score™ is 66/100 with 6 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 Apex International Co (TPE:4927), the current Days Payable is 76.21 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 Apex International Co (TPE:4927) Overvalued in 2026?

Based on GuruFocus' analysis, Apex International Co stock appears to be overvalued. The current stock price of NT$46.55 is trading 56.6% above its estimated GF Value™ of NT$29.72. GuruFocus considers Apex International Co to be Significantly Overvalued.

Key valuation signals for TPE:4927:

  • Days Payable: 76.21 (near median its 10-year median of 80.12)
  • GF Value™: NT$29.72 vs. price of NT$46.55 (56.6% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 9% above the Hardware median (#1026 of 2440)

No single metric tells the full story. See the TPE:4927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex International Co Business Description

Address 802, Oleander Way, West Bay Road, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208
Apex International Co Ltd manufactures and sells double-sided and multi-layer printed circuit boards. It PCBs are applied in electronic products, such as digital versatile disks, LCD TVs, air conditioners, digital cameras, projectors, TV tuners, DVD players, recordable machines, printers, hard drives and motherboards, mobile phones, set-top boxes, and satellite TV receivers, as well as automotive audio components. Its product categories comprise home appliances, communication equipment, computer equipment, and auto parts. The Group has a single reportable segment: Thailand, which manufactures and sells PCBs. Geographically, it operates in Thailand, Korea, Hong Kong, Singapore, Vietnam, and Others.
66GF Score

Get the complete analysis for TPE:4927

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

NT$46.55
Price
NT$29.72
GF Value