CTSFRA:XT1 -1.77%70 Days Payable is 53.04 as of Mar. 2026, which is 8% below its 10-year median of 57.43. GuruFocus rates FRA:XT1 with a GF Score™ of 70/100 and a GF Value™ of €44.60 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,440 Hardware companies, CTS ranks worse than 67.17% on this metric.
CTS's average Accounts Payable for the
three
months ended in Mar. 2026 was €42.4 Mil. CTS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €72.9 Mil.
Hence, CTS's Days Payable for the
three
months ended in Mar. 2026 was 53.04.
The historical rank and industry rank for CTS's Days Payable or its related term are showing as below:
FRA:XT1'
s Days Payable Range Over the Past 10 Years
Min: 48.04 Med: 57.43 Max: 63.21
Current: 51.15
During the past 13 years, CTS's highest Days Payable was 63.21. The lowest was 48.04. And the median was 57.43.
FRA:XT1's Days Payable is ranked worse than 67.17% of 2440
companies
in the Hardware industry
Industry Median: 69.935
vs FRA:XT1: 51.15
CTS's Days Payable
increased
from Mar. 2025 (50.22) to Mar. 2026 (53.04).
It may suggest that CTSdelayed paying its suppliers.
CTS Days Payable Related Terms
CTS Days Payable Historical Data
* Premium members only.
The historical data trend for CTS'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.
FRA:XT1 vs ALNT, OUST, LYTS: Days Payable Comparison
For the Electronic Components subindustry, CTS'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.
CTS Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, CTS's Days Payable distribution charts can be found below:
* The bar in red indicates where CTS'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.
CTS'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.
CTS (FRA:XT1) has a Days Payable of 53.04 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 CTS and its competitors. This is near median its historical median of 57.43. Over the past decade, CTS's Days Payable has ranged from 48.04 to 63.21. According to the industry distribution chart, CTS ranks #1639 out of 2440 companies in the Hardware industry, placing it in the top 67.2%.
Is CTS's Days Payable too high?
CTS's current Days Payable of 53.04 is near median its 10-year median of 57.43. Over the past 10 years, this metric has ranged from a low of 48.04 to a high of 63.21. The Hardware industry median Days Payable is 69.94. CTS's value of 53.04 is 24.2% below this industry median. Based on the distribution chart, CTS ranks #1639 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, CTS has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTS's Days Payable compare to ALNT and OUST?
According to the Hardware industry distribution chart, CTS ranks #1639 out of 2440 companies for Days Payable. This places CTS in the lower half of its industry. The industry median Days Payable is 69.94. CTS's value of 53.04 is 24.2% below this benchmark. Historically, CTS's own Days Payable has ranged from 48.04 to 63.21 over the past decade. While the company's 10-year median is 57.43 vs. the industry median of 69.94, CTS 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 69.94, 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. CTS's current Days Payable of 53.04 is 24.2% 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 CTS 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. CTS's current Days Payable is 53.04, which is near median its own 10-year median of 57.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTS stock overvalued right now?
Based on GuruFocus' analysis, CTS (FRA:XT1) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.60, compared to a current price of €55.50 — trading 24.4% above its estimated fair value. The current Days Payable is 53.04, which is near median its 10-year median of 57.43 and 24.2% below the Hardware industry median of 69.94. CTS's overall GF Score™ is 70/100 with 6 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 CTS (FRA:XT1), the current Days Payable is 53.04 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 CTS (FRA:XT1) Overvalued in 2026?
Based on GuruFocus' analysis, CTS stock appears to be overvalued.
The current stock price of €55.50 is trading 24.4% above its estimated GF Value™ of €44.60.
GuruFocus considers CTS to be Modestly Overvalued.
Key valuation signals for FRA:XT1:
Days Payable: 53.04 (near median its 10-year median of 57.43)
GF Value™: €44.60 vs. price of €55.50 (24.4% above fair value)
Industry Position: 24.2% below the Hardware median (#1639 of 2440)
No single metric tells the full story. See the FRA:XT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CTS Corp operates in the electronics industry. The company is a manufacturer of Sensors, Electronic components, and Actuators. It designs, manufactures, and sells a broad line of sensors, electronic components, and actuators mainly to original equipment manufacturers (OEMs) for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. Geographically, it derives a majority of its revenue from the United States and also has a presence in China, Singapore, the Czech Republic, Taiwan, Denmark, and other countries.
70GF Score
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