Tokyo Electron DeviceFRA:8VR -5.87%69 Days Payable is 42.98 as of Mar. 2026, which is 36% above its 10-year median of 31.49. GuruFocus rates FRA:8VR with a GF Score™ of 69/100 and a GF Value™ of €16.59 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,441 Hardware companies, Tokyo Electron Device ranks worse than 75.26% on this metric.
Tokyo Electron Device Days Payable Historical Data
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The historical data trend for Tokyo Electron Device'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.
For the Electronic Components subindustry, Tokyo Electron Device'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.
Tokyo Electron Device Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Electron Device's Days Payable distribution charts can be found below:
* The bar in red indicates where Tokyo Electron Device's Days Payable falls into.
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.
Tokyo Electron Device's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Tokyo Electron Device (FRA:8VR) has a Days Payable of 42.98 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tokyo Electron Device and its competitors. This is 36% above median its historical median of 31.49. Over the past decade, Tokyo Electron Device's Days Payable has ranged from 27.71 to 45.63. According to the industry distribution chart, Tokyo Electron Device ranks #1837 out of 2441 companies in the Hardware industry, placing it in the top 75.3%.
Is Tokyo Electron Device's Days Payable too high?
Tokyo Electron Device's current Days Payable of 42.98 is 36% above median its 10-year median of 31.49. Over the past 10 years, this metric has ranged from a low of 27.71 to a high of 45.63. The Hardware industry median Days Payable is 69.99. Tokyo Electron Device's value of 42.98 is 38.6% below this industry median. Based on the distribution chart, Tokyo Electron Device ranks #1837 out of 2441 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tokyo Electron Device has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Tokyo Electron Device ranks #1837 out of 2441 companies for Days Payable. This places Tokyo Electron Device in the lower half of its industry. The industry median Days Payable is 69.99. Tokyo Electron Device's value of 42.98 is 38.6% below this benchmark. Historically, Tokyo Electron Device's own Days Payable has ranged from 27.71 to 45.63 over the past decade. While the company's 10-year median is 31.49 vs. the industry median of 69.99, Tokyo Electron Device 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 69.99, based on 2,441 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. Tokyo Electron Device's current Days Payable of 42.98 is 38.6% 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 Tokyo Electron Device and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Electron Device's current Days Payable is 42.98, which is 36% above median its own 10-year median of 31.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron Device stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron Device (FRA:8VR) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.59, compared to a current price of €20.54 — trading 23.8% above its estimated fair value. The current Days Payable is 42.98, which is 36% above median its 10-year median of 31.49 and 38.6% below the Hardware industry median of 69.99. Tokyo Electron Device'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 Tokyo Electron Device (FRA:8VR), the current Days Payable is 42.98 as of Mar. 2026. 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 Tokyo Electron Device (FRA:8VR) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Electron Device stock appears to be overvalued.
The current stock price of €20.54 is trading 23.8% above its estimated GF Value™ of €16.59.
GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.
Key valuation signals for FRA:8VR:
Days Payable: 42.98 (36% above median its 10-year median of 31.49)
GF Value™: €16.59 vs. price of €20.54 (23.8% above fair value)
Industry Position: 38.6% below the Hardware median (#1837 of 2441)
No single metric tells the full story. See the FRA:8VR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Electron Device Ltd is engaged in the sales of semiconductor products, board computer products, software and other electronic components. It is also involved in the business of network and security solutions, storage solutions, and software solutions.
69GF Score
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