Sun Max Tech (TPE:6591) Days Payable: 60.92 (As of Dec. 2025) — Near Median


TPE:6591 Sun Max Tech Ltd TPE:6591
82 GF Score
Price NT$54.30
GF Value NT$63.34
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Sun Max Tech Days Payable?

Sun Max Tech TPE:6591 +1.50% 82 Days Payable is 60.92 as of Dec. 2025, which is 3% below its 10-year median of 62.96. GuruFocus rates TPE:6591 with a GF Score™ of 82/100 and a GF Value™ of NT$63.34 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,440 Hardware companies, Sun Max Tech ranks worse than 59.3% on this metric.

Sun Max Tech's average Accounts Payable for the three months ended in Dec. 2025 was NT$186 Mil. Sun Max Tech's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$279 Mil. Hence, Sun Max Tech's Days Payable for the three months ended in Dec. 2025 was 60.92.

The historical rank and industry rank for Sun Max Tech's Days Payable or its related term are showing as below:

TPE:6591' s Days Payable Range Over the Past 10 Years
Min: 52.85   Med: 62.96   Max: 78.2
Current: 59.45

During the past 13 years, Sun Max Tech's highest Days Payable was 78.20. The lowest was 52.85. And the median was 62.96.

TPE:6591's Days Payable is ranked worse than
59.3% of 2440 companies
in the Hardware industry
Industry Median: 69.935 vs TPE:6591: 59.45

Sun Max Tech's Days Payable declined from Dec. 2024 (67.29) to Dec. 2025 (60.92). It may suggest that Sun Max Tech accelerated paying its suppliers.


Sun Max Tech Days Payable Historical Data

* Premium members only.

The historical data trend for Sun Max Tech'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.

Sun Max Tech Days Payable Chart

Sun Max Tech 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 73.95 64.10 54.31 61.06 52.85

Sun Max Tech 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 67.29 59.07 61.89 62.44 60.92

TPE:6591 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Sun Max Tech'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.


Sun Max Tech Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Sun Max Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where Sun Max Tech's Days Payable falls into.


TPE:6591
82GF Score
Sun Max Tech Ltd TPE:6591
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sun Max Tech 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.

Sun Max Tech'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
=( (159.457 + 177.171) / 2 ) / 1162.522*365
=168.314 / 1162.522*365
=52.85

Sun Max Tech'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
=( (195.566 + 177.171) / 2 ) / 279.162*365 / 4
=186.3685 / 279.162*365 / 4
=60.92

* 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 60.92 mean?
Sun Max Tech (TPE:6591) has a Days Payable of 60.92 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 Sun Max Tech and its competitors. This is near median its historical median of 62.96. Over the past decade, Sun Max Tech's Days Payable has ranged from 52.85 to 78.20. According to the industry distribution chart, Sun Max Tech ranks #1447 out of 2440 companies in the Hardware industry, placing it in the top 59.3%.
Is Sun Max Tech's Days Payable too high?
Sun Max Tech's current Days Payable of 60.92 is near median its 10-year median of 62.96. Over the past 10 years, this metric has ranged from a low of 52.85 to a high of 78.20. The Hardware industry median Days Payable is 69.94. Sun Max Tech's value of 60.92 is 12.9% below this industry median. Based on the distribution chart, Sun Max Tech ranks #1447 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, Sun Max Tech has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun Max Tech's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Sun Max Tech ranks #1447 out of 2440 companies for Days Payable. This places Sun Max Tech in the lower half of its industry. The industry median Days Payable is 69.94. Sun Max Tech's value of 60.92 is 12.9% below this benchmark. Historically, Sun Max Tech's own Days Payable has ranged from 52.85 to 78.20 over the past decade. While the company's 10-year median is 62.96 vs. the industry median of 69.94, Sun Max Tech 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 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. Sun Max Tech's current Days Payable of 60.92 is 12.9% 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 Sun Max Tech 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. Sun Max Tech's current Days Payable is 60.92, which is near median its own 10-year median of 62.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Max Tech stock overvalued right now?
Based on GuruFocus' analysis, Sun Max Tech (TPE:6591) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$63.34, compared to a current price of NT$54.30 — trading 14.3% below its estimated fair value. The current Days Payable is 60.92, which is near median its 10-year median of 62.96 and 12.9% below the Hardware industry median of 69.94. Sun Max Tech's overall GF Score™ is 82/100 with 7 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 Sun Max Tech (TPE:6591), the current Days Payable is 60.92 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 Sun Max Tech (TPE:6591) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Max Tech stock appears to be undervalued. The current stock price of NT$54.30 is trading 14.3% below its estimated GF Value™ of NT$63.34. GuruFocus considers Sun Max Tech to be Modestly Undervalued.

Key valuation signals for TPE:6591:

  • Days Payable: 60.92 (near median its 10-year median of 62.96)
  • GF Value™: NT$63.34 vs. price of NT$54.30 (14.3% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 12.9% below the Hardware median (#1447 of 2440)

No single metric tells the full story. See the TPE:6591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Max Tech Business Description

Address Jian 1st Road, 9th Floor & 9th Floor-1, No. 166, Zhonghe District, New Taipei, TWN, 23511
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.
82GF Score

Get the complete analysis for TPE:6591

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

NT$54.30
Price
NT$63.34
GF Value