Good Will Instrument CoTPE:2423 +1.91%75 Days Payable is 50.10 as of Dec. 2025, which is 21% below its 10-year median of 63.71. GuruFocus rates TPE:2423 with a GF Score™ of 75/100 and a GF Value™ of NT$41.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,436 Hardware companies, Good Will Instrument Co ranks worse than 56.36% 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.
TPE:2423 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Good Will Instrument Co'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.
Good Will Instrument Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Good Will Instrument Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Good Will Instrument Co'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.
Good Will Instrument Co'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.
Good Will Instrument Co (TPE:2423) has a Days Payable of 50.10 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 Good Will Instrument Co and its competitors. This is 21% below median its historical median of 63.71. Over the past decade, Good Will Instrument Co's Days Payable has ranged from 48.59 to 74.75. According to the industry distribution chart, Good Will Instrument Co ranks #1373 out of 2436 companies in the Hardware industry, placing it in the top 56.4%.
Is Good Will Instrument Co's Days Payable too high?
Good Will Instrument Co's current Days Payable of 50.10 is 21% below median its 10-year median of 63.71. Over the past 10 years, this metric has ranged from a low of 48.59 to a high of 74.75. The Hardware industry median Days Payable is 69.89. Good Will Instrument Co's value of 50.10 is 28.3% below this industry median. Based on the distribution chart, Good Will Instrument Co ranks #1373 out of 2436 companies in the Hardware industry, which is below the industry midpoint. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Good Will Instrument Co ranks #1373 out of 2436 companies for Days Payable. This places Good Will Instrument Co in the lower half of its industry. The industry median Days Payable is 69.89. Good Will Instrument Co's value of 50.10 is 28.3% below this benchmark. Historically, Good Will Instrument Co's own Days Payable has ranged from 48.59 to 74.75 over the past decade. While the company's 10-year median is 63.71 vs. the industry median of 69.89, Good Will Instrument Co 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 69.89, based on 2,436 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. Good Will Instrument Co's current Days Payable of 50.10 is 28.3% 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 Good Will Instrument Co and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Will Instrument Co's current Days Payable is 50.10, which is 21% below median its own 10-year median of 63.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.46, compared to a current price of NT$74.60 — trading 79.9% above its estimated fair value. The current Days Payable is 50.10, which is 21% below median its 10-year median of 63.71 and 28.3% below the Hardware industry median of 69.89. Good Will Instrument Co's overall GF Score™ is 75/100 with 4 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 Good Will Instrument Co (TPE:2423), the current Days Payable is 50.10 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?
Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued.
The current stock price of NT$74.60 is trading 79.9% above its estimated GF Value™ of NT$41.46.
GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.
Key valuation signals for TPE:2423:
Days Payable: 50.10 (21% below median its 10-year median of 63.71)
GF Value™: NT$41.46 vs. price of NT$74.60 (79.9% above fair value)
Industry Position: 28.3% below the Hardware median (#1373 of 2436)
No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF Score
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