Ikka Holdings (Cayman) (TPE:2250) Days Payable: 44.50 (As of Dec. 2025) — 16% Below Median


TPE:2250 Ikka Holdings (Cayman) Ltd TPE:2250
80 GF Score
Price NT$75.40
GF Value NT$71.88
Valuation Fairly Valued
! 3 Warning Signs
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What is Ikka Holdings (Cayman) Days Payable?

Ikka Holdings (Cayman) TPE:2250 +9.91% 80 Days Payable is 44.50 as of Dec. 2025, which is 16% below its 10-year median of 53.07. GuruFocus rates TPE:2250 with a GF Score™ of 80/100 and a GF Value™ of NT$71.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,991 Industrial Products companies, Ikka Holdings (Cayman) ranks worse than 71.18% on this metric.

Ikka Holdings (Cayman)'s average Accounts Payable for the three months ended in Dec. 2025 was NT$343 Mil. Ikka Holdings (Cayman)'s Cost of Goods Sold for the three months ended in Dec. 2025 was NT$704 Mil. Hence, Ikka Holdings (Cayman)'s Days Payable for the three months ended in Dec. 2025 was 44.50.

The historical rank and industry rank for Ikka Holdings (Cayman)'s Days Payable or its related term are showing as below:

TPE:2250' s Days Payable Range Over the Past 10 Years
Min: 47.91   Med: 53.07   Max: 64.85
Current: 47.91

During the past 8 years, Ikka Holdings (Cayman)'s highest Days Payable was 64.85. The lowest was 47.91. And the median was 53.07.

TPE:2250's Days Payable is ranked worse than
71.18% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs TPE:2250: 47.91

Ikka Holdings (Cayman)'s Days Payable declined from Dec. 2024 (47.19) to Dec. 2025 (44.50). It may suggest that Ikka Holdings (Cayman) accelerated paying its suppliers.


Ikka Holdings (Cayman) Days Payable Historical Data

* Premium members only.

The historical data trend for Ikka Holdings (Cayman)'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.

Ikka Holdings (Cayman) Days Payable Chart

Ikka Holdings (Cayman) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 55.66 55.00 52.42 53.71 50.42

Ikka Holdings (Cayman) Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 47.19 52.80 46.66 45.02 44.50

TPE:2250 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Ikka Holdings (Cayman)'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.


Ikka Holdings (Cayman) Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ikka Holdings (Cayman)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Ikka Holdings (Cayman)'s Days Payable falls into.


TPE:2250
80GF Score
Ikka Holdings (Cayman) Ltd TPE:2250
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ikka Holdings (Cayman) 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.

Ikka Holdings (Cayman)'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
=( (432.385 + 344.542) / 2 ) / 2811.908*365
=388.4635 / 2811.908*365
=50.42

Ikka Holdings (Cayman)'s Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (341.757 + 344.542) / 2 ) / 703.582*365 / 4
=343.1495 / 703.582*365 / 4
=44.50

* 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 44.50 mean?
Ikka Holdings (Cayman) (TPE:2250) has a Days Payable of 44.50 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 Ikka Holdings (Cayman) and its competitors. This is 16% below median its historical median of 53.07. Over the past decade, Ikka Holdings (Cayman)'s Days Payable has ranged from 47.91 to 64.85. According to the industry distribution chart, Ikka Holdings (Cayman) ranks #2129 out of 2991 companies in the Industrial Products industry, placing it in the top 71.2%.
Is Ikka Holdings (Cayman)'s Days Payable too high?
Ikka Holdings (Cayman)'s current Days Payable of 44.50 is 16% below median its 10-year median of 53.07. Over the past 10 years, this metric has ranged from a low of 47.91 to a high of 64.85. The Industrial Products industry median Days Payable is 78.08. Ikka Holdings (Cayman)'s value of 44.50 is 43% below this industry median. Based on the distribution chart, Ikka Holdings (Cayman) ranks #2129 out of 2991 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ikka Holdings (Cayman) has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ikka Holdings (Cayman)'s Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ikka Holdings (Cayman) ranks #2129 out of 2991 companies for Days Payable. This places Ikka Holdings (Cayman) in the lower half of its industry. The industry median Days Payable is 78.08. Ikka Holdings (Cayman)'s value of 44.50 is 43% below this benchmark. Historically, Ikka Holdings (Cayman)'s own Days Payable has ranged from 47.91 to 64.85 over the past decade. While the company's 10-year median is 53.07 vs. the industry median of 78.08, Ikka Holdings (Cayman) 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 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. Ikka Holdings (Cayman)'s current Days Payable of 44.50 is 43% 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 Ikka Holdings (Cayman) and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ikka Holdings (Cayman)'s current Days Payable is 44.50, which is 16% below median its own 10-year median of 53.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ikka Holdings (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, Ikka Holdings (Cayman) (TPE:2250) is currently considered Fairly Valued. The stock's GF Value™ is NT$71.88, compared to a current price of NT$75.40 — trading 4.9% above its estimated fair value. The current Days Payable is 44.50, which is 16% below median its 10-year median of 53.07 and 43% below the Industrial Products industry median of 78.08. Ikka Holdings (Cayman)'s overall GF Score™ is 80/100 with 3 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 Ikka Holdings (Cayman) (TPE:2250), the current Days Payable is 44.50 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 Ikka Holdings (Cayman) (TPE:2250) Overvalued in 2026?

Based on GuruFocus' analysis, Ikka Holdings (Cayman) stock appears to be overvalued. The current stock price of NT$75.40 is trading 4.9% above its estimated GF Value™ of NT$71.88. GuruFocus considers Ikka Holdings (Cayman) to be Fairly Valued.

Key valuation signals for TPE:2250:

  • Days Payable: 44.50 (16% below median its 10-year median of 53.07)
  • GF Value™: NT$71.88 vs. price of NT$75.40 (4.9% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 43% below the Industrial Products median (#2129 of 2991)

No single metric tells the full story. See the TPE:2250 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ikka Holdings (Cayman) Business Description

Address No. 3-1, Shenkengzi, Guanxi Town, Hsinchu, TWN
Ikka Holdings (Cayman) Ltd is engaged in the export, import, manufacturing, and sale of precision plastic injection molded parts and products, as well as the production of molded parts for automobiles and electric vehicles, mold production, business machine parts, residential related equipment parts and others. Geographically the company derives revenue from Japan, Vietnam, China (including Hong Kong), Thailand, and others in Asia, where the majority is being generated from Japan.
80GF Score

Get the complete analysis for TPE:2250

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

NT$75.40
Price
NT$71.88
GF Value