Winstar Display Co (TPE:6916) Days Payable: 63.31 (As of Dec. 2025) — Near Median


TPE:6916 Winstar Display Co Ltd TPE:6916
47 GF Score
Price NT$21.05
GF Value NT$19.63
Valuation Fairly Valued
! 9 Warning Signs
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What is Winstar Display Co Days Payable?

Winstar Display Co TPE:6916 +1.20% 47 Days Payable is 63.31 as of Dec. 2025, which is 8% below its 10-year median of 68.89. GuruFocus rates TPE:6916 with a GF Score™ of 47/100 and a GF Value™ of NT$19.63 (Fairly Valued). The stock has 9 warning signs investors should review. Among 2,436 Hardware companies, Winstar Display Co ranks worse than 57.02% on this metric.

Winstar Display Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$266 Mil. Winstar Display Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$384 Mil. Hence, Winstar Display Co's Days Payable for the three months ended in Dec. 2025 was 63.31.

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

TPE:6916' s Days Payable Range Over the Past 10 Years
Min: 54.19   Med: 68.89   Max: 80.25
Current: 61.83

During the past 7 years, Winstar Display Co's highest Days Payable was 80.25. The lowest was 54.19. And the median was 68.89.

TPE:6916's Days Payable is ranked worse than
57.02% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs TPE:6916: 61.83

Winstar Display Co's Days Payable declined from Dec. 2024 (64.13) to Dec. 2025 (63.31). It may suggest that Winstar Display Co accelerated paying its suppliers.


Winstar Display Co Days Payable Historical Data

* Premium members only.

The historical data trend for Winstar Display 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.

Winstar Display Co Days Payable Chart

Winstar Display Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 80.25 71.99 70.02 59.06 60.99

Winstar Display Co Quarterly Data
Dec19 Dec20 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 64.13 63.51 59.20 62.27 63.31

TPE:6916 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Winstar Display 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.


Winstar Display Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Winstar Display Co's Days Payable falls into.


TPE:6916
47GF Score
Winstar Display Co Ltd TPE:6916
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Winstar Display 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.

Winstar Display 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
=( (258.665 + 257.517) / 2 ) / 1544.542*365
=258.091 / 1544.542*365
=60.99

Winstar Display 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
=( (275.428 + 257.517) / 2 ) / 384.055*365 / 4
=266.4725 / 384.055*365 / 4
=63.31

* 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 63.31 mean?
Winstar Display Co (TPE:6916) has a Days Payable of 63.31 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 Winstar Display Co and its competitors. This is near median its historical median of 68.89. Over the past decade, Winstar Display Co's Days Payable has ranged from 54.19 to 80.25. According to the industry distribution chart, Winstar Display Co ranks #1389 out of 2436 companies in the Hardware industry, placing it in the top 57%.
Is Winstar Display Co's Days Payable too high?
Winstar Display Co's current Days Payable of 63.31 is near median its 10-year median of 68.89. Over the past 10 years, this metric has ranged from a low of 54.19 to a high of 80.25. The Hardware industry median Days Payable is 69.89. Winstar Display Co's value of 63.31 is 9.4% below this industry median. Based on the distribution chart, Winstar Display Co ranks #1389 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Winstar Display Co has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Winstar Display Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Winstar Display Co ranks #1389 out of 2436 companies for Days Payable. This places Winstar Display Co in the lower half of its industry. The industry median Days Payable is 69.89. Winstar Display Co's value of 63.31 is 9.4% below this benchmark. Historically, Winstar Display Co's own Days Payable has ranged from 54.19 to 80.25 over the past decade. While the company's 10-year median is 68.89 vs. the industry median of 69.89, Winstar Display Co 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 69.89, based on 2,436 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. Winstar Display Co's current Days Payable of 63.31 is 9.4% 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 Winstar Display Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winstar Display Co's current Days Payable is 63.31, which is near median its own 10-year median of 68.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winstar Display Co stock overvalued right now?
Based on GuruFocus' analysis, Winstar Display Co (TPE:6916) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.63, compared to a current price of NT$21.05 — trading 7.2% above its estimated fair value. The current Days Payable is 63.31, which is near median its 10-year median of 68.89 and 9.4% below the Hardware industry median of 69.89. Winstar Display Co's overall GF Score™ is 47/100 with 9 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 Winstar Display Co (TPE:6916), the current Days Payable is 63.31 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 Winstar Display Co (TPE:6916) Overvalued in 2026?

Based on GuruFocus' analysis, Winstar Display Co stock appears to be overvalued. The current stock price of NT$21.05 is trading 7.2% above its estimated GF Value™ of NT$19.63. GuruFocus considers Winstar Display Co to be Fairly Valued.

Key valuation signals for TPE:6916:

  • Days Payable: 63.31 (near median its 10-year median of 68.89)
  • GF Value™: NT$19.63 vs. price of NT$21.05 (7.2% above fair value)
  • GF Score™: 47/100 with 9 warning signs
  • Industry Position: 9.4% below the Hardware median (#1389 of 2436)

No single metric tells the full story. See the TPE:6916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Winstar Display Co Business Description

Address No. 43, Keya Road, 2nd Floor, Daya District, Taichung City, TWN, 428
Winstar Display Co Ltd engages in the manufacturing and development of Industrial LCD Displays including monochrome, various display modules, and System Integrated Solutions. The company's operating revenue mainly comes from the production and sales of LCD modules and OLED display modules. Its LCM modules product lines include monochrome TN/STN/FSTN character module LCD and graphic LCD modules, COG LCD, FSC-LCD, VATN LCM module. The company's reportable segments consist of Domestic operations, covering production and sales within the domestic region; Asian operations, encompassing production and sales in Asia; and Others, comprising sales in additional areas.
47GF Score

Get the complete analysis for TPE:6916

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

NT$21.05
Price
NT$19.63
GF Value