Veeco Instruments (FRA:VEO) Days Payable: 51.09 (As of Mar. 2026) — 14% Above Median


FRA:VEO Veeco Instruments Inc FRA:VEO
56 GF Score
Price €60.22
GF Value €25.78
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Veeco Instruments Days Payable?

Veeco Instruments FRA:VEO -1.70% 56 Days Payable is 51.09 as of Mar. 2026, which is 14% above its 10-year median of 44.82. GuruFocus rates FRA:VEO with a GF Score™ of 56/100 and a GF Value™ of €25.78 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 997 Semiconductors companies, Veeco Instruments ranks worse than 56.17% on this metric.

Veeco Instruments's average Accounts Payable for the three months ended in Mar. 2026 was €49.6 Mil. Veeco Instruments's Cost of Goods Sold for the three months ended in Mar. 2026 was €88.7 Mil. Hence, Veeco Instruments's Days Payable for the three months ended in Mar. 2026 was 51.09.

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

FRA:VEO' s Days Payable Range Over the Past 10 Years
Min: 37.93   Med: 44.82   Max: 48.41
Current: 48.32

During the past 13 years, Veeco Instruments's highest Days Payable was 48.41. The lowest was 37.93. And the median was 44.82.

FRA:VEO's Days Payable is ranked worse than
56.17% of 997 companies
in the Semiconductors industry
Industry Median: 53.06 vs FRA:VEO: 48.32

Veeco Instruments's Days Payable increased from Mar. 2025 (47.45) to Mar. 2026 (51.09). It may suggest that Veeco Instruments delayed paying its suppliers.


Veeco Instruments Days Payable Historical Data

* Premium members only.

The historical data trend for Veeco Instruments'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.

Veeco Instruments Days Payable Chart

Veeco Instruments 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 40.52 44.66 45.92 37.19 47.59

Veeco Instruments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 47.45 52.12 43.67 43.14 51.09

FRA:VEO vs IPGP, AXTI, ACLS: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Veeco Instruments'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.


Veeco Instruments Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Veeco Instruments's Days Payable distribution charts can be found below:

* The bar in red indicates where Veeco Instruments's Days Payable falls into.


FRA:VEO
56GF Score
Veeco Instruments Inc FRA:VEO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Veeco Instruments 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.

Veeco Instruments'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
=( (41.561 + 47.264) / 2 ) / 340.648*365
=44.4125 / 340.648*365
=47.59

Veeco Instruments's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (47.264 + 52.032) / 2 ) / 88.674*365 / 4
=49.648 / 88.674*365 / 4
=51.09

* 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 51.09 mean?
Veeco Instruments (FRA:VEO) has a Days Payable of 51.09 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 Veeco Instruments and its competitors. This is 14% above median its historical median of 44.82. Over the past decade, Veeco Instruments' Days Payable has ranged from 37.93 to 48.41. According to the industry distribution chart, Veeco Instruments ranks #560 out of 997 companies in the Semiconductors industry, placing it in the top 56.2%.
Is Veeco Instruments' Days Payable too high?
Veeco Instruments' current Days Payable of 51.09 is 14% above median its 10-year median of 44.82. Over the past 10 years, this metric has ranged from a low of 37.93 to a high of 48.41. The Semiconductors industry median Days Payable is 53.06. Veeco Instruments' value of 51.09 is 3.7% below this industry median. Based on the distribution chart, Veeco Instruments ranks #560 out of 997 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Veeco Instruments has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veeco Instruments' Days Payable compare to IPGP and AXTI?
According to the Semiconductors industry distribution chart, Veeco Instruments ranks #560 out of 997 companies for Days Payable. This places Veeco Instruments in the lower half of its industry. The industry median Days Payable is 53.06. Veeco Instruments' value of 51.09 is 3.7% below this benchmark. Historically, Veeco Instruments' own Days Payable has ranged from 37.93 to 48.41 over the past decade. While the company's 10-year median is 44.82 vs. the industry median of 53.06, Veeco Instruments 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 997 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. Veeco Instruments's current Days Payable of 51.09 is 3.7% 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 Veeco Instruments 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. Veeco Instruments's current Days Payable is 51.09, which is 14% above median its own 10-year median of 44.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veeco Instruments stock overvalued right now?
Based on GuruFocus' analysis, Veeco Instruments (FRA:VEO) is currently considered Significantly Overvalued. The stock's GF Value™ is €25.78, compared to a current price of €60.22 — trading 133.6% above its estimated fair value. The current Days Payable is 51.09, which is 14% above median its 10-year median of 44.82 and 3.7% below the Semiconductors industry median of 53.06. Veeco Instruments' overall GF Score™ is 56/100 with 5 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 Veeco Instruments (FRA:VEO), the current Days Payable is 51.09 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 Veeco Instruments (FRA:VEO) Overvalued in 2026?

Based on GuruFocus' analysis, Veeco Instruments stock appears to be overvalued. The current stock price of €60.22 is trading 133.6% above its estimated GF Value™ of €25.78. GuruFocus considers Veeco Instruments to be Significantly Overvalued.

Key valuation signals for FRA:VEO:

  • Days Payable: 51.09 (14% above median its 10-year median of 44.82)
  • GF Value™: €25.78 vs. price of €60.22 (133.6% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 3.7% below the Semiconductors median (#560 of 997)

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


Veeco Instruments Business Description

Other Exchanges VECO:USAVEO:Germany
Address Terminal Drive, Plainview, NY, USA, 11803
Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices. The company focuses on semiconductor process equipment that addresses a range of challenging materials engineering problems for its customers. Its products include Laser Processing Systems, Lithography Systems, Ion Beam Systems, SiC CVD Systems, MOCVD Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems, as well as Gas & Vapor Delivery Systems. The maximum of the company's revenue is generated from sales to the Semiconductor Industry and within China.
56GF Score

Get the complete analysis for FRA:VEO

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

€60.22
Price
€25.78
GF Value