T42 IoT Tracking SolutionsLSE:TRAC -1.20% Days Payable is 66.58 as of Dec. 2025, which is 60% below its 10-year median of 165.36. The stock has 4 warning signs investors should review. Among 2,440 Hardware companies, T42 IoT Tracking Solutions ranks better than 68.2% on this metric.
* 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.
LSE:TRAC vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, T42 IoT Tracking Solutions'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.
T42 IoT Tracking Solutions Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, T42 IoT Tracking Solutions's Days Payable distribution charts can be found below:
* The bar in red indicates where T42 IoT Tracking Solutions's Days Payable falls into.
T42 IoT Tracking Solutions 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.
* 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.
T42 IoT Tracking Solutions (LSE:TRAC) has a Days Payable of 66.58 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 T42 IoT Tracking Solutions and its competitors. This is 60% below median its historical median of 165.36. Over the past decade, T42 IoT Tracking Solutions' Days Payable has ranged from 100.23 to 200.82. According to the industry distribution chart, T42 IoT Tracking Solutions ranks #776 out of 2440 companies in the Hardware industry, placing it in the top 31.8%.
Is T42 IoT Tracking Solutions' Days Payable too high?
T42 IoT Tracking Solutions' current Days Payable of 66.58 is 60% below median its 10-year median of 165.36. Over the past 10 years, this metric has ranged from a low of 100.23 to a high of 200.82. The Hardware industry median Days Payable is 69.94. T42 IoT Tracking Solutions' value of 66.58 is 4.8% below this industry median. Based on the distribution chart, T42 IoT Tracking Solutions ranks #776 out of 2440 companies in the Hardware industry, which is above the industry midpoint.
How does T42 IoT Tracking Solutions' Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, T42 IoT Tracking Solutions ranks #776 out of 2440 companies for Days Payable. This puts T42 IoT Tracking Solutions in the upper half of its industry. The industry median Days Payable is 69.94. T42 IoT Tracking Solutions' value of 66.58 is 4.8% below this benchmark. Historically, T42 IoT Tracking Solutions' own Days Payable has ranged from 100.23 to 200.82 over the past decade. While the company's 10-year median is 165.36 vs. the industry median of 69.94, T42 IoT Tracking Solutions 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. T42 IoT Tracking Solutions's current Days Payable of 66.58 is 4.8% 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 T42 IoT Tracking Solutions 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. T42 IoT Tracking Solutions's current Days Payable is 66.58, which is 60% below median its own 10-year median of 165.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T42 IoT Tracking Solutions stock overvalued right now?
Based on GuruFocus' analysis, T42 IoT Tracking Solutions (LSE:TRAC) is currently considered Fairly Valued. The stock's GF Value™ is £0.04, compared to a current price of £0.04 — trading 2.5% above its estimated fair value. The current Days Payable is 66.58, which is 60% below median its 10-year median of 165.36 and 4.8% below the Hardware industry median of 69.94. 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 T42 IoT Tracking Solutions (LSE:TRAC), the current Days Payable is 66.58 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.
T42 IoT Tracking Solutions PLC is a supplier in the field of automated real-time systems, specializing in the remote tracking and management of vehicles, containers, and assets. It uses AI and machine learning technologies to provide automated monitoring solutions for a range of clients globally. The company offers the Tetis, Lokies, and Kylos products, which provide tracking and monitoring of containers and goods throughout the supply chain. It has two reportable segments: Hardware and SaaS. The company derives revenue from the SaaS segment. Geographically, it generates maximum revenue from the Middle East.
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