BOE VaritronixFRA:VTX +0.91%60 Days Payable is 173.80 as of Dec. 2025, which is 94% above its 10-year median of 89.70. GuruFocus rates FRA:VTX with a GF Score™ of 60/100 and a GF Value™ of €0.78 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,440 Hardware companies, BOE Varitronix ranks better than 87.38% on this metric.
The historical rank and industry rank for BOE Varitronix's Days Payable or its related term are showing as below:
FRA:VTX'
s Days Payable Range Over the Past 10 Years
Min: 68.53 Med: 89.7 Max: 180.26
Current: 177.75
During the past 13 years, BOE Varitronix's highest Days Payable was 180.26. The lowest was 68.53. And the median was 89.70.
FRA:VTX's Days Payable is ranked better than 87.38% of 2440
companies
in the Hardware industry
Industry Median: 69.935
vs FRA:VTX: 177.75
BOE Varitronix's Days Payable
increased
from Dec. 2024 (159.02) to Dec. 2025 (173.80).
It may suggest that BOE Varitronixdelayed paying its suppliers.
BOE Varitronix Days Payable Related Terms
BOE Varitronix Days Payable Historical Data
* Premium members only.
The historical data trend for BOE Varitronix'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, BOE Varitronix'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.
BOE Varitronix Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, BOE Varitronix's Days Payable distribution charts can be found below:
* The bar in red indicates where BOE Varitronix'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.
BOE Varitronix's Days Payable for the fiscal year that ended in Dec. 2025 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.
BOE Varitronix (FRA:VTX) has a Days Payable of 173.80 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 BOE Varitronix and its competitors. This is 94% above median its historical median of 89.70. Over the past decade, BOE Varitronix's Days Payable has ranged from 68.53 to 180.26. According to the industry distribution chart, BOE Varitronix ranks #308 out of 2440 companies in the Hardware industry, placing it in the top 12.6%.
Is BOE Varitronix's Days Payable too high?
BOE Varitronix's current Days Payable of 173.80 is 94% above median its 10-year median of 89.70. Over the past 10 years, this metric has ranged from a low of 68.53 to a high of 180.26. The Hardware industry median Days Payable is 69.94. BOE Varitronix's value of 173.80 is 148.5% above this industry median. Based on the distribution chart, BOE Varitronix ranks #308 out of 2440 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, BOE Varitronix has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BOE Varitronix's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, BOE Varitronix ranks #308 out of 2440 companies for Days Payable. This places BOE Varitronix in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 69.94. BOE Varitronix's value of 173.80 is 148.5% above this benchmark. Historically, BOE Varitronix's own Days Payable has ranged from 68.53 to 180.26 over the past decade. While the company's 10-year median is 89.70 vs. the industry median of 69.94, BOE Varitronix has consistently been above 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 69.94, based on 2,440 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. BOE Varitronix's current Days Payable of 173.80 is 148.5% above 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 BOE Varitronix and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOE Varitronix's current Days Payable is 173.80, which is 94% above median its own 10-year median of 89.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOE Varitronix stock overvalued right now?
Based on GuruFocus' analysis, BOE Varitronix (FRA:VTX) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.78, compared to a current price of €0.44 — trading 43.1% below its estimated fair value. The current Days Payable is 173.80, which is 94% above median its 10-year median of 89.70 and 148.5% above the Hardware industry median of 69.94. BOE Varitronix's overall GF Score™ is 60/100 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 BOE Varitronix (FRA:VTX), the current Days Payable is 173.80 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 BOE Varitronix (FRA:VTX) Overvalued in 2026?
Based on GuruFocus' analysis, BOE Varitronix stock appears to be undervalued.
The current stock price of €0.44 is trading 43.1% below its estimated GF Value™ of €0.78.
GuruFocus considers BOE Varitronix to be Significantly Undervalued.
Key valuation signals for FRA:VTX:
Days Payable: 173.80 (94% above median its 10-year median of 89.70)
GF Value™: €0.78 vs. price of €0.44 (43.1% below fair value)
Industry Position: 148.5% above the Hardware median (#308 of 2440)
No single metric tells the full story. See the FRA:VTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the design, manufacture and sale of liquid crystal displays and related products. The company's geographical segments include the PRC, Europe, Japan, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.
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