Asia Optical Co (TPE:3019) Days Payable: 94.54 (As of Dec. 2025) — 37% Above Median

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TPE:3019 Asia Optical Co Inc TPE:3019
82 GF Score
Price NT$147.50
GF Value NT$138.18
Valuation Fairly Valued
! 1 Warning Sign
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What is Asia Optical Co Days Payable?

Asia Optical Co TPE:3019 +2.79% 82 Days Payable is 94.54 as of Dec. 2025, which is 37% above its 10-year median of 68.94. GuruFocus rates TPE:3019 with a GF Score™ of 82/100 and a GF Value™ of NT$138.18 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,445 Hardware companies, Asia Optical Co ranks better than 62.62% on this metric.

Asia Optical Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$6,106 Mil. Asia Optical Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$5,893 Mil. Hence, Asia Optical Co's Days Payable for the three months ended in Dec. 2025 was 94.54.

The historical rank and industry rank for Asia Optical Co's Days Payable or its related term are showing as below:

TPE:3019' s Days Payable Range Over the Past 10 Years
Min: 60.34   Med: 68.94   Max: 90.03
Current: 89.38

During the past 13 years, Asia Optical Co's highest Days Payable was 90.03. The lowest was 60.34. And the median was 68.94.

TPE:3019's Days Payable is ranked better than
62.62% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs TPE:3019: 89.38

Asia Optical Co's Days Payable increased from Dec. 2024 (85.19) to Dec. 2025 (94.54). It may suggest that Asia Optical Co delayed paying its suppliers.


Asia Optical Co Days Payable Historical Data

* Premium members only.

The historical data trend for Asia Optical Co'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.

Asia Optical Co Days Payable Chart

Asia Optical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.82 70.05 70.29 74.84 90.03

Asia Optical Co 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 85.19 95.09 77.79 90.18 94.54

TPE:3019 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Asia Optical 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.


Asia Optical Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Asia Optical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Optical Co's Days Payable falls into.


TPE:3019
82GF Score
Asia Optical Co Inc TPE:3019
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Optical Co 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.

Asia Optical Co'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
=( (4666.793 + 5929.502) / 2 ) / 21480.262*365
=5298.1475 / 21480.262*365
=90.03

Asia Optical Co'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
=( (6281.882 + 5929.502) / 2 ) / 5893.046*365 / 4
=6105.692 / 5893.046*365 / 4
=94.54

* 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 94.54 mean?
Asia Optical Co (TPE:3019) has a Days Payable of 94.54 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 Asia Optical Co and its competitors. This is 37% above median its historical median of 68.94. Over the past decade, Asia Optical Co's Days Payable has ranged from 60.34 to 90.03. According to the industry distribution chart, Asia Optical Co ranks #914 out of 2445 companies in the Hardware industry, placing it in the top 37.4%.
Is Asia Optical Co's Days Payable too high?
Asia Optical Co's current Days Payable of 94.54 is 37% above median its 10-year median of 68.94. Over the past 10 years, this metric has ranged from a low of 60.34 to a high of 90.03. The Hardware industry median Days Payable is 70.06. Asia Optical Co's value of 94.54 is 34.9% above this industry median. Based on the distribution chart, Asia Optical Co ranks #914 out of 2445 companies in the Hardware industry, which is above the industry midpoint. Overall, Asia Optical Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Optical Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Asia Optical Co ranks #914 out of 2445 companies for Days Payable. This puts Asia Optical Co in the upper half of its industry. The industry median Days Payable is 70.06. Asia Optical Co's value of 94.54 is 34.9% above this benchmark. Historically, Asia Optical Co's own Days Payable has ranged from 60.34 to 90.03 over the past decade. While the company's 10-year median is 68.94 vs. the industry median of 70.06, Asia Optical Co 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 70.06, based on 2,445 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. Asia Optical Co's current Days Payable of 94.54 is 34.9% 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 Asia Optical Co and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Optical Co's current Days Payable is 94.54, which is 37% above median its own 10-year median of 68.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Optical Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Optical Co (TPE:3019) is currently considered Fairly Valued. The stock's GF Value™ is NT$138.18, compared to a current price of NT$147.50 — trading 6.7% above its estimated fair value. The current Days Payable is 94.54, which is 37% above median its 10-year median of 68.94 and 34.9% above the Hardware industry median of 70.06. Asia Optical Co's overall GF Score™ is 82/100 with 1 warning sign 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 Asia Optical Co (TPE:3019), the current Days Payable is 94.54 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 Asia Optical Co (TPE:3019) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Optical Co stock appears to be overvalued. The current stock price of NT$147.50 is trading 6.7% above its estimated GF Value™ of NT$138.18. GuruFocus considers Asia Optical Co to be Fairly Valued.

Key valuation signals for TPE:3019:

  • Days Payable: 94.54 (37% above median its 10-year median of 68.94)
  • GF Value™: NT$138.18 vs. price of NT$147.50 (6.7% above fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 34.9% above the Hardware median (#914 of 2445)

No single metric tells the full story. See the TPE:3019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Optical Co Business Description

Address No. 22-3, South 2nd Road, Tanzi District, Taichung, TWN, 427058
Asia Optical Co Inc is engaged in the manufacturing and sale of cameras, rangefinders, riflescopes, photocopier lens, scanner lens and optical components. The companies reportable segments included optical components, contact image sensor modules, optronics components, optronics products and digital camera. The majority of the revenue is generated from optical components. The company operates in two principal geographical areas Asia and America.
82GF Score

Get the complete analysis for TPE:3019

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

NT$147.50
Price
NT$138.18
GF Value