WinWay Technology Co (TPE:6515) Days Payable: 60.61 (As of Dec. 2025) — 22% Below Median


TPE:6515 WinWay Technology Co Ltd TPE:6515
79 GF Score
Price NT$9,900.00
GF Value NT$2,108.98
Valuation Significantly Overvalued
! 1 Warning Sign
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What is WinWay Technology Co Days Payable?

WinWay Technology Co TPE:6515 +6.34% 79 Days Payable is 60.61 as of Dec. 2025, which is 22% below its 10-year median of 77.64. GuruFocus rates TPE:6515 with a GF Score™ of 79/100 and a GF Value™ of NT$2,108.98 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 997 Semiconductors companies, WinWay Technology Co ranks better than 61.69% on this metric.

WinWay Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$865 Mil. WinWay Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,302 Mil. Hence, WinWay Technology Co's Days Payable for the three months ended in Dec. 2025 was 60.61.

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

TPE:6515' s Days Payable Range Over the Past 10 Years
Min: 57.4   Med: 77.64   Max: 114.71
Current: 63.43

During the past 10 years, WinWay Technology Co's highest Days Payable was 114.71. The lowest was 57.40. And the median was 77.64.

TPE:6515's Days Payable is ranked better than
61.69% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs TPE:6515: 63.43

WinWay Technology Co's Days Payable declined from Dec. 2024 (93.57) to Dec. 2025 (60.61). It may suggest that WinWay Technology Co accelerated paying its suppliers.


WinWay Technology Co Days Payable Historical Data

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The historical data trend for WinWay Technology 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.

WinWay Technology Co Days Payable Chart

WinWay Technology 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 76.33 98.76 114.71 66.60 78.94

WinWay Technology 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 93.57 59.11 73.14 48.62 60.61

TPE:6515 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, WinWay Technology 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.


WinWay Technology Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, WinWay Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where WinWay Technology Co's Days Payable falls into.


TPE:6515
79GF Score
WinWay Technology Co Ltd TPE:6515
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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WinWay Technology 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.

WinWay Technology 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
=( (761.551 + 1098.762) / 2 ) / 4300.706*365
=930.1565 / 4300.706*365
=78.94

WinWay Technology 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
=( (631.198 + 1098.762) / 2 ) / 1302.2*365 / 4
=864.98 / 1302.2*365 / 4
=60.61

* 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 60.61 mean?
WinWay Technology Co (TPE:6515) has a Days Payable of 60.61 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 WinWay Technology Co and its competitors. This is 22% below median its historical median of 77.64. Over the past decade, WinWay Technology Co's Days Payable has ranged from 57.40 to 114.71. According to the industry distribution chart, WinWay Technology Co ranks #382 out of 997 companies in the Semiconductors industry, placing it in the top 38.3%.
Is WinWay Technology Co's Days Payable too high?
WinWay Technology Co's current Days Payable of 60.61 is 22% below median its 10-year median of 77.64. Over the past 10 years, this metric has ranged from a low of 57.40 to a high of 114.71. The Semiconductors industry median Days Payable is 53.06. WinWay Technology Co's value of 60.61 is 14.2% above this industry median. Based on the distribution chart, WinWay Technology Co ranks #382 out of 997 companies in the Semiconductors industry, which is above the industry midpoint. Overall, WinWay Technology Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WinWay Technology Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, WinWay Technology Co ranks #382 out of 997 companies for Days Payable. This puts WinWay Technology Co in the upper half of its industry. The industry median Days Payable is 53.06. WinWay Technology Co's value of 60.61 is 14.2% above this benchmark. Historically, WinWay Technology Co's own Days Payable has ranged from 57.40 to 114.71 over the past decade. While the company's 10-year median is 77.64 vs. the industry median of 53.06, WinWay Technology 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 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. WinWay Technology Co's current Days Payable of 60.61 is 14.2% 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 WinWay Technology Co and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WinWay Technology Co's current Days Payable is 60.61, which is 22% below median its own 10-year median of 77.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WinWay Technology Co stock overvalued right now?
Based on GuruFocus' analysis, WinWay Technology Co (TPE:6515) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2,108.98, compared to a current price of NT$9,900.00 — trading 369.4% above its estimated fair value. The current Days Payable is 60.61, which is 22% below median its 10-year median of 77.64 and 14.2% above the Semiconductors industry median of 53.06. WinWay Technology Co's overall GF Score™ is 79/100 with 1 warning sign 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 WinWay Technology Co (TPE:6515), the current Days Payable is 60.61 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 WinWay Technology Co (TPE:6515) Overvalued in 2026?

Based on GuruFocus' analysis, WinWay Technology Co stock appears to be overvalued. The current stock price of NT$9,900.00 is trading 369.4% above its estimated GF Value™ of NT$2,108.98. GuruFocus considers WinWay Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:6515:

  • Days Payable: 60.61 (22% below median its 10-year median of 77.64)
  • GF Value™: NT$2,108.98 vs. price of NT$9,900.00 (369.4% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 14.2% above the Semiconductors median (#382 of 997)

No single metric tells the full story. See the TPE:6515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WinWay Technology Co Business Description

Address Chuangyi South Road, No. 68, Nanzih District, Kaohsiung City, TWN, 811646
WinWay Technology Co Ltd company is engaged in designing, processing, and sales of optoelectronic product test fixtures, integrated circuit test interfaces and fixtures and their key components, and the import and export trade of related products. Its products are Package Test, Wafer Test, Thermal control Products. The group has one reportable segment. This segment is mainly the manufacturing and sales of optoelectronic products test fixtures. Geographically, the company has a presence in Taiwan, America, China, Asia, Europe, and Canada where it generates the majority of its revenue from America.
79GF Score

Get the complete analysis for TPE:6515

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

NT$9,900.00
Price
NT$2,108.98
GF Value