CoherentLTS:0LHO 76 Days Payable is 99.78 as of Mar. 2026, which is 132% above its 10-year median of 43.08. GuruFocus rates LTS:0LHO with a GF Score™ of 76/100 and a GF Value™ of $100.44 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,438 Hardware companies, Coherent ranks better than 62.02% on this metric.
Coherent's average Accounts Payable for the
three
months ended in Mar. 2026 was $1,231 Mil. Coherent's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $1,126 Mil.
Hence, Coherent's Days Payable for the
three
months ended in Mar. 2026 was 99.78.
The historical rank and industry rank for Coherent's Days Payable or its related term are showing as below:
LTS:0LHO'
s Days Payable Range Over the Past 10 Years
Min: 35.15 Med: 43.08 Max: 88.15
Current: 88.15
During the past 13 years, Coherent's highest Days Payable was 88.15. The lowest was 35.15. And the median was 43.08.
LTS:0LHO's Days Payable is ranked better than 62.02% of 2438
companies
in the Hardware industry
Industry Median: 69.82
vs LTS:0LHO: 88.15
Coherent's Days Payable
increased
from Mar. 2025 (69.00) to Mar. 2026 (99.78).
It may suggest that Coherentdelayed paying its suppliers.
Coherent Days Payable Related Terms
Coherent Days Payable Historical Data
* Premium members only.
The historical data trend for Coherent'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.
LTS:0LHO vs KEYS, GRMN, TDY: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Coherent'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.
Coherent Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Coherent's Days Payable distribution charts can be found below:
* The bar in red indicates where Coherent'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.
Coherent's Days Payable for the fiscal year that ended in Jun. 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.
Coherent (LTS:0LHO) has a Days Payable of 99.78 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 Coherent and its competitors. This is 132% above median its historical median of 43.08. Over the past decade, Coherent's Days Payable has ranged from 35.15 to 88.15. According to the industry distribution chart, Coherent ranks #926 out of 2438 companies in the Hardware industry, placing it in the top 38%.
Is Coherent's Days Payable too high?
Coherent's current Days Payable of 99.78 is 132% above median its 10-year median of 43.08. Over the past 10 years, this metric has ranged from a low of 35.15 to a high of 88.15. The Hardware industry median Days Payable is 69.82. Coherent's value of 99.78 is 42.9% above this industry median. Based on the distribution chart, Coherent ranks #926 out of 2438 companies in the Hardware industry, which is above the industry midpoint. Overall, Coherent has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coherent's Days Payable compare to KEYS and GRMN?
According to the Hardware industry distribution chart, Coherent ranks #926 out of 2438 companies for Days Payable. This puts Coherent in the upper half of its industry. The industry median Days Payable is 69.82. Coherent's value of 99.78 is 42.9% above this benchmark. Historically, Coherent's own Days Payable has ranged from 35.15 to 88.15 over the past decade. While the company's 10-year median is 43.08 vs. the industry median of 69.82, Coherent 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 69.82, based on 2,438 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. Coherent's current Days Payable of 99.78 is 42.9% 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 Coherent and its competitors. For the Hardware industry, the median Days Payable is 69.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coherent's current Days Payable is 99.78, which is 132% above median its own 10-year median of 43.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coherent stock overvalued right now?
Based on GuruFocus' analysis, Coherent (LTS:0LHO) is currently considered Significantly Overvalued. The stock's GF Value™ is $100.44, compared to a current price of $386.85 — trading 285.2% above its estimated fair value. The current Days Payable is 99.78, which is 132% above median its 10-year median of 43.08 and 42.9% above the Hardware industry median of 69.82. Coherent's overall GF Score™ is 76/100 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 Coherent (LTS:0LHO), the current Days Payable is 99.78 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 Coherent (LTS:0LHO) Overvalued in 2026?
Based on GuruFocus' analysis, Coherent stock appears to be overvalued.
The current stock price of $386.85 is trading 285.2% above its estimated GF Value™ of $100.44.
GuruFocus considers Coherent to be Significantly Overvalued.
Key valuation signals for LTS:0LHO:
Days Payable: 99.78 (132% above median its 10-year median of 43.08)
GF Value™: $100.44 vs. price of $386.85 (285.2% above fair value)
Industry Position: 42.9% above the Hardware median (#926 of 2438)
No single metric tells the full story. See the LTS:0LHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coherent Corp is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the communications, industrial, instrumentation, and electronics markets. Its reporting segments are Datacenter Communications and Industrial. Its geographic areas are North America, Europe, China, Japan, and the rest of the world.
76GF Score
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