BenQ Materials (TPE:8215) Days Payable: 65.91 (As of Dec. 2025) — 23% Below Median


TPE:8215 BenQ Materials Corp TPE:8215
72 GF Score
Price NT$29.50
GF Value NT$33.83
Valuation Modestly Undervalued
! 11 Warning Signs
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What is BenQ Materials Days Payable?

BenQ Materials TPE:8215 -1.99% 72 Days Payable is 65.91 as of Dec. 2025, which is 23% below its 10-year median of 85.28. GuruFocus rates TPE:8215 with a GF Score™ of 72/100 and a GF Value™ of NT$33.83 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 2,436 Hardware companies, BenQ Materials ranks better than 50.53% on this metric.

BenQ Materials's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,785 Mil. BenQ Materials's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$3,856 Mil. Hence, BenQ Materials's Days Payable for the three months ended in Dec. 2025 was 65.91.

The historical rank and industry rank for BenQ Materials's Days Payable or its related term are showing as below:

TPE:8215' s Days Payable Range Over the Past 10 Years
Min: 67.74   Med: 85.28   Max: 94.22
Current: 70.2

During the past 13 years, BenQ Materials's highest Days Payable was 94.22. The lowest was 67.74. And the median was 85.28.

TPE:8215's Days Payable is ranked better than
50.53% of 2436 companies
in the Hardware industry
Industry Median: 69.91 vs TPE:8215: 70.20

BenQ Materials's Days Payable declined from Dec. 2024 (69.95) to Dec. 2025 (65.91). It may suggest that BenQ Materials accelerated paying its suppliers.


BenQ Materials Days Payable Historical Data

* Premium members only.

The historical data trend for BenQ Materials'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.

BenQ Materials Days Payable Chart

BenQ Materials 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 90.27 84.44 70.63 69.67 67.74

BenQ Materials 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 69.95 75.48 70.48 71.65 65.91

TPE:8215 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, BenQ Materials'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.


BenQ Materials Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, BenQ Materials's Days Payable distribution charts can be found below:

* The bar in red indicates where BenQ Materials's Days Payable falls into.


TPE:8215
72GF Score
BenQ Materials Corp TPE:8215
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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BenQ Materials 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.

BenQ Materials'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
=( (2991.624 + 2675.597) / 2 ) / 15267.186*365
=2833.6105 / 15267.186*365
=67.74

BenQ Materials'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
=( (2893.915 + 2675.597) / 2 ) / 3855.661*365 / 4
=2784.756 / 3855.661*365 / 4
=65.91

* 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 65.91 mean?
BenQ Materials (TPE:8215) has a Days Payable of 65.91 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 BenQ Materials and its competitors. This is 23% below median its historical median of 85.28. Over the past decade, BenQ Materials' Days Payable has ranged from 67.74 to 94.22. According to the industry distribution chart, BenQ Materials ranks #1205 out of 2436 companies in the Hardware industry, placing it in the top 49.5%.
Is BenQ Materials' Days Payable too high?
BenQ Materials' current Days Payable of 65.91 is 23% below median its 10-year median of 85.28. Over the past 10 years, this metric has ranged from a low of 67.74 to a high of 94.22. The Hardware industry median Days Payable is 69.91. BenQ Materials' value of 65.91 is 5.7% below this industry median. Based on the distribution chart, BenQ Materials ranks #1205 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, BenQ Materials has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BenQ Materials' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, BenQ Materials ranks #1205 out of 2436 companies for Days Payable. This puts BenQ Materials in the upper half of its industry. The industry median Days Payable is 69.91. BenQ Materials' value of 65.91 is 5.7% below this benchmark. Historically, BenQ Materials' own Days Payable has ranged from 67.74 to 94.22 over the past decade. While the company's 10-year median is 85.28 vs. the industry median of 69.91, BenQ Materials 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 69.91, 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. BenQ Materials's current Days Payable of 65.91 is 5.7% 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 BenQ Materials and its competitors. For the Hardware industry, the median Days Payable is 69.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BenQ Materials's current Days Payable is 65.91, which is 23% below median its own 10-year median of 85.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BenQ Materials stock overvalued right now?
Based on GuruFocus' analysis, BenQ Materials (TPE:8215) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.83, compared to a current price of NT$29.50 — trading 12.8% below its estimated fair value. The current Days Payable is 65.91, which is 23% below median its 10-year median of 85.28 and 5.7% below the Hardware industry median of 69.91. BenQ Materials' overall GF Score™ is 72/100 with 11 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 BenQ Materials (TPE:8215), the current Days Payable is 65.91 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 BenQ Materials (TPE:8215) Overvalued in 2026?

Based on GuruFocus' analysis, BenQ Materials stock appears to be undervalued. The current stock price of NT$29.50 is trading 12.8% below its estimated GF Value™ of NT$33.83. GuruFocus considers BenQ Materials to be Modestly Undervalued.

Key valuation signals for TPE:8215:

  • Days Payable: 65.91 (23% below median its 10-year median of 85.28)
  • GF Value™: NT$33.83 vs. price of NT$29.50 (12.8% below fair value)
  • GF Score™: 72/100 with 11 warning signs
  • Industry Position: 5.7% below the Hardware median (#1205 of 2436)

No single metric tells the full story. See the TPE:8215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BenQ Materials Business Description

Address 29 Jianguo East Road, Gueishan District, Taoyuan, TWN, 333403
BenQ Materials Corp is engaged in the manufacturing and sales of film sheet products and medical equipment. Its products include polarizer films; optical films for touch panels; E-paper, industrial tapes; and smart optical films, healthcare products, including hydrocolloid dressings for moist wound management and silicone gels. The company's segments include: The film sheet segment is mainly engaged in the sales, manufacturing and research, and development of various electronic chemical membrane products; and The medical segment is involved in the sales, manufacturing, and research and development of various medical-related products. Geographically, it operates in China, which derives maximum revenue; Taiwan; Japan; United States; and Others.
72GF Score

Get the complete analysis for TPE:8215

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

NT$29.50
Price
NT$33.83
GF Value