Chang Wah Electronmaterials (TPE:8070) Days Payable: 52.05 (As of Dec. 2025) — Near Median


TPE:8070 Chang Wah Electronmaterials Inc TPE:8070
79 GF Score
Price NT$55.20
GF Value NT$43.77
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Chang Wah Electronmaterials Days Payable?

Chang Wah Electronmaterials TPE:8070 -3.50% 79 Days Payable is 52.05 as of Dec. 2025, which is 2% below its 10-year median of 52.87. GuruFocus rates TPE:8070 with a GF Score™ of 79/100 and a GF Value™ of NT$43.77 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,436 Hardware companies, Chang Wah Electronmaterials ranks worse than 67.86% on this metric.

Chang Wah Electronmaterials's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,386 Mil. Chang Wah Electronmaterials's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$4,183 Mil. Hence, Chang Wah Electronmaterials's Days Payable for the three months ended in Dec. 2025 was 52.05.

The historical rank and industry rank for Chang Wah Electronmaterials's Days Payable or its related term are showing as below:

TPE:8070' s Days Payable Range Over the Past 10 Years
Min: 46.95   Med: 52.87   Max: 62.06
Current: 50.33

During the past 13 years, Chang Wah Electronmaterials's highest Days Payable was 62.06. The lowest was 46.95. And the median was 52.87.

TPE:8070's Days Payable is ranked worse than
67.86% of 2436 companies
in the Hardware industry
Industry Median: 69.89 vs TPE:8070: 50.33

Chang Wah Electronmaterials's Days Payable increased from Dec. 2024 (49.10) to Dec. 2025 (52.05). It may suggest that Chang Wah Electronmaterials delayed paying its suppliers.


Chang Wah Electronmaterials Days Payable Historical Data

* Premium members only.

The historical data trend for Chang Wah Electronmaterials'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.

Chang Wah Electronmaterials Days Payable Chart

Chang Wah Electronmaterials 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 54.93 51.02 50.06 46.95 49.68

Chang Wah Electronmaterials 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 49.10 48.15 49.41 52.07 52.05

TPE:8070 vs SNX, ARW, AVT: Days Payable Comparison

For the Electronics & Computer Distribution subindustry, Chang Wah Electronmaterials'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.


Chang Wah Electronmaterials Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Chang Wah Electronmaterials's Days Payable distribution charts can be found below:

* The bar in red indicates where Chang Wah Electronmaterials's Days Payable falls into.


TPE:8070
79GF Score
Chang Wah Electronmaterials Inc TPE:8070
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chang Wah Electronmaterials 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.

Chang Wah Electronmaterials'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
=( (1867.26 + 2426.619) / 2 ) / 15774.766*365
=2146.9395 / 15774.766*365
=49.68

Chang Wah Electronmaterials'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
=( (2345.639 + 2426.619) / 2 ) / 4182.829*365 / 4
=2386.129 / 4182.829*365 / 4
=52.05

* 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 52.05 mean?
Chang Wah Electronmaterials (TPE:8070) has a Days Payable of 52.05 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 Chang Wah Electronmaterials and its competitors. This is near median its historical median of 52.87. Over the past decade, Chang Wah Electronmaterials' Days Payable has ranged from 46.95 to 62.06. According to the industry distribution chart, Chang Wah Electronmaterials ranks #1653 out of 2436 companies in the Hardware industry, placing it in the top 67.9%.
Is Chang Wah Electronmaterials' Days Payable too high?
Chang Wah Electronmaterials' current Days Payable of 52.05 is near median its 10-year median of 52.87. Over the past 10 years, this metric has ranged from a low of 46.95 to a high of 62.06. The Hardware industry median Days Payable is 69.89. Chang Wah Electronmaterials' value of 52.05 is 25.5% below this industry median. Based on the distribution chart, Chang Wah Electronmaterials ranks #1653 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Chang Wah Electronmaterials has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Wah Electronmaterials' Days Payable compare to SNX and ARW?
According to the Hardware industry distribution chart, Chang Wah Electronmaterials ranks #1653 out of 2436 companies for Days Payable. This places Chang Wah Electronmaterials in the lower half of its industry. The industry median Days Payable is 69.89. Chang Wah Electronmaterials' value of 52.05 is 25.5% below this benchmark. Historically, Chang Wah Electronmaterials' own Days Payable has ranged from 46.95 to 62.06 over the past decade. While the company's 10-year median is 52.87 vs. the industry median of 69.89, Chang Wah Electronmaterials 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. Chang Wah Electronmaterials's current Days Payable of 52.05 is 25.5% 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 Chang Wah Electronmaterials 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. Chang Wah Electronmaterials's current Days Payable is 52.05, which is near median its own 10-year median of 52.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Wah Electronmaterials stock overvalued right now?
Based on GuruFocus' analysis, Chang Wah Electronmaterials (TPE:8070) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$43.77, compared to a current price of NT$55.20 — trading 26.1% above its estimated fair value. The current Days Payable is 52.05, which is near median its 10-year median of 52.87 and 25.5% below the Hardware industry median of 69.89. Chang Wah Electronmaterials' overall GF Score™ is 79/100 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 Chang Wah Electronmaterials (TPE:8070), the current Days Payable is 52.05 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 Chang Wah Electronmaterials (TPE:8070) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Wah Electronmaterials stock appears to be overvalued. The current stock price of NT$55.20 is trading 26.1% above its estimated GF Value™ of NT$43.77. GuruFocus considers Chang Wah Electronmaterials to be Modestly Overvalued.

Key valuation signals for TPE:8070:

  • Days Payable: 52.05 (near median its 10-year median of 52.87)
  • GF Value™: NT$43.77 vs. price of NT$55.20 (26.1% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 25.5% below the Hardware median (#1653 of 2436)

No single metric tells the full story. See the TPE:8070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Wah Electronmaterials Business Description

Address No. 16, East 7th Street, 6th Floor, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Electronmaterials Inc trades electrical, telecommunication, and semiconductor materials and parts, and engages in import and export trading, leasing, manufacturing, and selling of electrical appliances, telecommunication equipment, and mechanical parts, retailing of synthetic resin, electronic materials, and components. The company operates in two geographical areas - Taiwan and Asia. The company's reportable segments include IC Leadframe, Substrate, EME, and Others. The majority of its revenue is generated from the EME segment.
79GF Score

Get the complete analysis for TPE:8070

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

NT$55.20
Price
NT$43.77
GF Value