TSECTPE:6443 -8.24%36 Days Payable is 6.72 as of Dec. 2025, which is 83% below its 10-year median of 40.69. GuruFocus rates TPE:6443 with a GF Score™ of 36/100 and a GF Value™ of NT$6.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 996 Semiconductors companies, TSEC ranks worse than 92.67% on this metric.
TSEC's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$87 Mil. TSEC's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$1,184 Mil.
Hence, TSEC's Days Payable for the
three
months ended in Dec. 2025 was 6.72.
The historical rank and industry rank for TSEC's Days Payable or its related term are showing as below:
TPE:6443'
s Days Payable Range Over the Past 10 Years
Min: 17.29 Med: 40.69 Max: 54.48
Current: 17.29
During the past 13 years, TSEC's highest Days Payable was 54.48. The lowest was 17.29. And the median was 40.69.
TPE:6443's Days Payable is ranked worse than 92.67% of 996
companies
in the Semiconductors industry
Industry Median: 52.98
vs TPE:6443: 17.29
TSEC's Days Payable
declined
from Dec. 2024 (30.77) to Dec. 2025 (6.72).
It may suggest that TSECaccelerated paying its suppliers.
TSEC Days Payable Related Terms
TSEC Days Payable Historical Data
* Premium members only.
The historical data trend for TSEC'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.
TPE:6443 vs FSLR, NXT, ENPH: Days Payable Comparison
For the Solar subindustry, TSEC'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.
TSEC Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, TSEC's Days Payable distribution charts can be found below:
* The bar in red indicates where TSEC'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.
TSEC'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.
TSEC (TPE:6443) has a Days Payable of 6.72 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 TSEC and its competitors. This is 83% below median its historical median of 40.69. Over the past decade, TSEC's Days Payable has ranged from 17.29 to 54.48. According to the industry distribution chart, TSEC ranks #923 out of 996 companies in the Semiconductors industry, placing it in the top 92.7%.
Is TSEC's Days Payable too high?
TSEC's current Days Payable of 6.72 is 83% below median its 10-year median of 40.69. Over the past 10 years, this metric has ranged from a low of 17.29 to a high of 54.48. The Semiconductors industry median Days Payable is 52.98. TSEC's value of 6.72 is 87.3% below this industry median. Based on the distribution chart, TSEC ranks #923 out of 996 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, TSEC has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSEC's Days Payable compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, TSEC ranks #923 out of 996 companies for Days Payable. This places TSEC in the lower half of its industry. The industry median Days Payable is 52.98. TSEC's value of 6.72 is 87.3% below this benchmark. Historically, TSEC's own Days Payable has ranged from 17.29 to 54.48 over the past decade. While the company's 10-year median is 40.69 vs. the industry median of 52.98, TSEC 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 a Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 996 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. TSEC's current Days Payable of 6.72 is 87.3% 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 TSEC and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSEC's current Days Payable is 6.72, which is 83% below median its own 10-year median of 40.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSEC stock overvalued right now?
Based on GuruFocus' analysis, TSEC (TPE:6443) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.07, compared to a current price of NT$31.75 — trading 423.1% above its estimated fair value. The current Days Payable is 6.72, which is 83% below median its 10-year median of 40.69 and 87.3% below the Semiconductors industry median of 52.98. TSEC's overall GF Score™ is 36/100 with 5 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 TSEC (TPE:6443), the current Days Payable is 6.72 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 TSEC (TPE:6443) Overvalued in 2026?
Based on GuruFocus' analysis, TSEC stock appears to be overvalued.
The current stock price of NT$31.75 is trading 423.1% above its estimated GF Value™ of NT$6.07.
GuruFocus considers TSEC to be Significantly Overvalued.
Key valuation signals for TPE:6443:
Days Payable: 6.72 (83% below median its 10-year median of 40.69)
GF Value™: NT$6.07 vs. price of NT$31.75 (423.1% above fair value)
Industry Position: 87.3% below the Semiconductors median (#923 of 996)
No single metric tells the full story. See the TPE:6443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSEC Corp is a Taiwan based PV manufacturing company. The company is engaged in the design, manufacture, construction, and sale of solar cells, modules, and power plants. It focuses on solar cells and module R&D, production, and sales, it also provides system integration services for power plant construction and long-term maintenance.
36GF Score
Get the complete analysis for TPE:6443
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6443 has been successfully added to your 
