Formosa Advanced Technologies Co (TPE:8131) Days Payable: 11.41 (As of Dec. 2025) — 43% Below Median

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TPE:8131 Formosa Advanced Technologies Co Ltd TPE:8131
69 GF Score
Price NT$81.20
GF Value NT$47.56
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Formosa Advanced Technologies Co Days Payable?

Formosa Advanced Technologies Co TPE:8131 +8.41% 69 Days Payable is 11.41 as of Dec. 2025, which is 43% below its 10-year median of 20.08. GuruFocus rates TPE:8131 with a GF Score™ of 69/100 and a GF Value™ of NT$47.56 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 999 Semiconductors companies, Formosa Advanced Technologies Co ranks worse than 96.8% on this metric.

Formosa Advanced Technologies Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$305 Mil. Formosa Advanced Technologies Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,437 Mil. Hence, Formosa Advanced Technologies Co's Days Payable for the three months ended in Dec. 2025 was 11.41.

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

TPE:8131' s Days Payable Range Over the Past 10 Years
Min: 10.01   Med: 20.08   Max: 23.46
Current: 10.71

During the past 13 years, Formosa Advanced Technologies Co's highest Days Payable was 23.46. The lowest was 10.01. And the median was 20.08.

TPE:8131's Days Payable is ranked worse than
96.8% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs TPE:8131: 10.71

Formosa Advanced Technologies Co's Days Payable increased from Dec. 2024 (8.21) to Dec. 2025 (11.41). It may suggest that Formosa Advanced Technologies Co delayed paying its suppliers.


Formosa Advanced Technologies Co Days Payable Related Terms


Formosa Advanced Technologies Co Days Payable Historical Data

* Premium members only.

The historical data trend for Formosa Advanced Technologies 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.

Formosa Advanced Technologies Co Days Payable Chart

Formosa Advanced Technologies 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 23.46 21.33 16.76 10.01 10.08

Formosa Advanced Technologies 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 8.21 10.13 10.56 11.20 11.41

TPE:8131 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Formosa Advanced Technologies 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.


Formosa Advanced Technologies Co Days Payable vs Semiconductors Industry

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

* The bar in red indicates where Formosa Advanced Technologies Co's Days Payable falls into.


TPE:8131
69GF Score
Formosa Advanced Technologies Co Ltd TPE:8131
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa Advanced Technologies 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.

Formosa Advanced Technologies 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
=( (193.64 + 294.921) / 2 ) / 8846.028*365
=244.2805 / 8846.028*365
=10.08

Formosa Advanced Technologies 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
=( (314.696 + 294.921) / 2 ) / 2436.932*365 / 4
=304.8085 / 2436.932*365 / 4
=11.41

* 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 11.41 mean?
Formosa Advanced Technologies Co (TPE:8131) has a Days Payable of 11.41 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 Formosa Advanced Technologies Co and its competitors. This is 43% below median its historical median of 20.08. Over the past decade, Formosa Advanced Technologies Co's Days Payable has ranged from 10.01 to 23.46. According to the industry distribution chart, Formosa Advanced Technologies Co ranks #967 out of 999 companies in the Semiconductors industry, placing it in the top 96.8%.
Is Formosa Advanced Technologies Co's Days Payable too high?
Formosa Advanced Technologies Co's current Days Payable of 11.41 is 43% below median its 10-year median of 20.08. Over the past 10 years, this metric has ranged from a low of 10.01 to a high of 23.46. The Semiconductors industry median Days Payable is 53.06. Formosa Advanced Technologies Co's value of 11.41 is 78.5% below this industry median. Based on the distribution chart, Formosa Advanced Technologies Co ranks #967 out of 999 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Formosa Advanced Technologies Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Advanced Technologies Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Formosa Advanced Technologies Co ranks #967 out of 999 companies for Days Payable. This places Formosa Advanced Technologies Co in the lower half of its industry. The industry median Days Payable is 53.06. Formosa Advanced Technologies Co's value of 11.41 is 78.5% below this benchmark. Historically, Formosa Advanced Technologies Co's own Days Payable has ranged from 10.01 to 23.46 over the past decade. While the company's 10-year median is 20.08 vs. the industry median of 53.06, Formosa Advanced Technologies 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Formosa Advanced Technologies Co's current Days Payable of 11.41 is 78.5% 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 Formosa Advanced Technologies 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. Formosa Advanced Technologies Co's current Days Payable is 11.41, which is 43% below median its own 10-year median of 20.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Advanced Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Formosa Advanced Technologies Co (TPE:8131) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$47.56, compared to a current price of NT$81.20 — trading 70.7% above its estimated fair value. The current Days Payable is 11.41, which is 43% below median its 10-year median of 20.08 and 78.5% below the Semiconductors industry median of 53.06. Formosa Advanced Technologies Co's overall GF Score™ is 69/100 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 Formosa Advanced Technologies Co (TPE:8131), the current Days Payable is 11.41 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 Formosa Advanced Technologies Co (TPE:8131) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Advanced Technologies Co stock appears to be overvalued. The current stock price of NT$81.20 is trading 70.7% above its estimated GF Value™ of NT$47.56. GuruFocus considers Formosa Advanced Technologies Co to be Significantly Overvalued.

Key valuation signals for TPE:8131:

  • Days Payable: 11.41 (43% below median its 10-year median of 20.08)
  • GF Value™: NT$47.56 vs. price of NT$81.20 (70.7% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 78.5% below the Semiconductors median (#967 of 999)

No single metric tells the full story. See the TPE:8131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Advanced Technologies Co Business Description

Address No.329, Henan Street, Liuzhong Viliage, Yunlin County, Douliu, TWN, 640
Formosa Advanced Technologies Co Ltd is a professional manufacturer of DRAM assembly, testing, and module Turn-Key service in Taiwan. The group's business activity is operated in Taiwan, the USA, China, Korea, Mainland China, and Others. The company's operating segment includes the integrated-chips ("IC" ) department and the module department. The integrated-chips department includes packaging, testing, processing, and research and development of integrated chips. The module department includes the assembly, testing, and research and development of module pieces.
69GF Score

Get the complete analysis for TPE:8131

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

NT$81.20
Price
NT$47.56
GF Value