Mega Union Technology (TPE:6944) Days Payable: 44.38 (As of Dec. 2025) — 30% Below Median


TPE:6944 Mega Union Technology Inc TPE:6944
71 GF Score
Price NT$998.00
GF Value NT$689.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mega Union Technology Days Payable?

Mega Union Technology TPE:6944 71 Days Payable is 44.38 as of Dec. 2025, which is 30% below its 10-year median of 63.66. GuruFocus rates TPE:6944 with a GF Score™ of 71/100 and a GF Value™ of NT$689.19 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,986 Industrial Products companies, Mega Union Technology ranks worse than 69.42% on this metric.

Mega Union Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$1,982 Mil. Mega Union Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$4,075 Mil. Hence, Mega Union Technology's Days Payable for the three months ended in Dec. 2025 was 44.38.

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

TPE:6944' s Days Payable Range Over the Past 10 Years
Min: 49.97   Med: 63.66   Max: 81.15
Current: 49.97

During the past 6 years, Mega Union Technology's highest Days Payable was 81.15. The lowest was 49.97. And the median was 63.66.

TPE:6944's Days Payable is ranked worse than
69.42% of 2986 companies
in the Industrial Products industry
Industry Median: 77.81 vs TPE:6944: 49.97

Mega Union Technology's Days Payable declined from Dec. 2024 (57.56) to Dec. 2025 (44.38). It may suggest that Mega Union Technology accelerated paying its suppliers.


Mega Union Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Mega Union Technology'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.

Mega Union Technology Days Payable Chart

Mega Union Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 60.77 55.53 68.33 66.54 50.78

Mega Union Technology Quarterly Data
Dec20 Dec21 Dec22 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 57.56 61.95 53.32 45.09 44.38

TPE:6944 vs VLTO, ZWS, CECO: Days Payable Comparison

For the Pollution & Treatment Controls subindustry, Mega Union Technology'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.


Mega Union Technology Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mega Union Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Mega Union Technology's Days Payable falls into.


TPE:6944
71GF Score
Mega Union Technology Inc TPE:6944
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Union Technology 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.

Mega Union Technology'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
=( (1551.998 + 2089.798) / 2 ) / 13089.53*365
=1820.898 / 13089.53*365
=50.78

Mega Union Technology'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
=( (1873.715 + 2089.798) / 2 ) / 4075.011*365 / 4
=1981.7565 / 4075.011*365 / 4
=44.38

* 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 44.38 mean?
Mega Union Technology (TPE:6944) has a Days Payable of 44.38 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 Mega Union Technology and its competitors. This is 30% below median its historical median of 63.66. Over the past decade, Mega Union Technology's Days Payable has ranged from 49.97 to 81.15. According to the industry distribution chart, Mega Union Technology ranks #2073 out of 2986 companies in the Industrial Products industry, placing it in the top 69.4%.
Is Mega Union Technology's Days Payable too high?
Mega Union Technology's current Days Payable of 44.38 is 30% below median its 10-year median of 63.66. Over the past 10 years, this metric has ranged from a low of 49.97 to a high of 81.15. The Industrial Products industry median Days Payable is 77.81. Mega Union Technology's value of 44.38 is 43% below this industry median. Based on the distribution chart, Mega Union Technology ranks #2073 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mega Union Technology has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mega Union Technology's Days Payable compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Mega Union Technology ranks #2073 out of 2986 companies for Days Payable. This places Mega Union Technology in the lower half of its industry. The industry median Days Payable is 77.81. Mega Union Technology's value of 44.38 is 43% below this benchmark. Historically, Mega Union Technology's own Days Payable has ranged from 49.97 to 81.15 over the past decade. While the company's 10-year median is 63.66 vs. the industry median of 77.81, Mega Union Technology 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.81, based on 2,986 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. Mega Union Technology's current Days Payable of 44.38 is 43% 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 Mega Union Technology and its competitors. For the Industrial Products industry, the median Days Payable is 77.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Union Technology's current Days Payable is 44.38, which is 30% below median its own 10-year median of 63.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Union Technology stock overvalued right now?
Based on GuruFocus' analysis, Mega Union Technology (TPE:6944) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$689.19, compared to a current price of NT$998.00 — trading 44.8% above its estimated fair value. The current Days Payable is 44.38, which is 30% below median its 10-year median of 63.66 and 43% below the Industrial Products industry median of 77.81. Mega Union Technology's overall GF Score™ is 71/100 with 4 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 Mega Union Technology (TPE:6944), the current Days Payable is 44.38 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 Mega Union Technology (TPE:6944) Overvalued in 2026?

Based on GuruFocus' analysis, Mega Union Technology stock appears to be overvalued. The current stock price of NT$998.00 is trading 44.8% above its estimated GF Value™ of NT$689.19. GuruFocus considers Mega Union Technology to be Significantly Overvalued.

Key valuation signals for TPE:6944:

  • Days Payable: 44.38 (30% below median its 10-year median of 63.66)
  • GF Value™: NT$689.19 vs. price of NT$998.00 (44.8% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 43% below the Industrial Products median (#2073 of 2986)

No single metric tells the full story. See the TPE:6944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mega Union Technology Business Description

Address No.439, Taoying Road, 1st Floor, Taoyuan District, Taoyuan City, TWN
Mega Union Technology Inc is engaged in the planning, design, and installation of ultrapure water and wastewater recycling systems. It focuses on water recovery and recycling, prolonging the cycle life of water, and reducing the depletion of water resources. It offers Seawater desalination/general industrial water/ultrapure water production systems; Wastewater Treatment Systems / Recycled Water Treatment Systems; and Chemical Recycling Manufacturing Systems. The company's operating segments include the Construction segment and Other segments.
71GF Score

Get the complete analysis for TPE:6944

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

NT$998.00
Price
NT$689.19
GF Value