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AltekTPE:3059 -3.79%61 Days Payable is 68.36 as of Jun. 2026, which is 22% below its 10-year median of 87.09. GuruFocus rates TPE:3059 with a GF Score™ of 61/100 and a GF Value™ of NT$38.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,442 Hardware companies, Altek ranks better than 54.5% on this metric.
Altek's average Accounts Payable for the
three
months ended in Jun. 2026 was NT$1,298 Mil. Altek's Cost of Goods Sold for the
three
months ended in Jun. 2026 was NT$1,733 Mil.
Hence, Altek's Days Payable for the
three
months ended in Jun. 2026 was 68.36.
The historical rank and industry rank for Altek's Days Payable or its related term are showing as below:
TPE:3059'
s Days Payable Range Over the Past 10 Years
Min: 59.15 Med: 87.09 Max: 101.89
Current: 76.08
During the past 13 years, Altek's highest Days Payable was 101.89. The lowest was 59.15. And the median was 87.09.
TPE:3059's Days Payable is ranked better than 54.5% of 2442
companies
in the Hardware industry
Industry Median: 69.775
vs TPE:3059: 76.08
Altek's Days Payable
declined
from Jun. 2025 (70.43) to Jun. 2026 (68.36).
It may suggest that Altekaccelerated paying its suppliers.
The historical data trend for Altek'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.
TPE:3059 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, Altek'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.
Altek Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Altek's Days Payable distribution charts can be found below:
* The bar in red indicates where Altek'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.
Altek'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.
Altek (TPE:3059) has a Days Payable of 68.36 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Altek and its competitors. This is 22% below median its historical median of 87.09. Over the past decade, Altek's Days Payable has ranged from 59.15 to 101.89. According to the industry distribution chart, Altek ranks #1111 out of 2442 companies in the Hardware industry, placing it in the top 45.5%.
Is Altek's Days Payable too high?
Altek's current Days Payable of 68.36 is 22% below median its 10-year median of 87.09. Over the past 10 years, this metric has ranged from a low of 59.15 to a high of 101.89. The Hardware industry median Days Payable is 69.78. Altek's value of 68.36 is 2% below this industry median. Based on the distribution chart, Altek ranks #1111 out of 2442 companies in the Hardware industry, which is above the industry midpoint. Overall, Altek has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altek's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, Altek ranks #1111 out of 2442 companies for Days Payable. This puts Altek in the upper half of its industry. The industry median Days Payable is 69.78. Altek's value of 68.36 is 2% below this benchmark. Historically, Altek's own Days Payable has ranged from 59.15 to 101.89 over the past decade. While the company's 10-year median is 87.09 vs. the industry median of 69.78, Altek 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 69.78, based on 2,442 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. Altek's current Days Payable of 68.36 is 2% 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 Altek and its competitors. For the Hardware industry, the median Days Payable is 69.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altek's current Days Payable is 68.36, which is 22% below median its own 10-year median of 87.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altek stock overvalued right now?
Based on GuruFocus' analysis, Altek (TPE:3059) is currently considered Fairly Valued. The stock's GF Value™ is NT$38.37, compared to a current price of NT$39.30 — trading 2.4% above its estimated fair value. The current Days Payable is 68.36, which is 22% below median its 10-year median of 87.09 and 2% below the Hardware industry median of 69.78. Altek's overall GF Score™ is 61/100 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 Altek (TPE:3059), the current Days Payable is 68.36 as of Jun. 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 Altek (TPE:3059) Overvalued in 2026?
Based on GuruFocus' analysis, Altek stock appears to be overvalued.
The current stock price of NT$39.30 is trading 2.4% above its estimated GF Value™ of NT$38.37.
GuruFocus considers Altek to be Fairly Valued.
Key valuation signals for TPE:3059:
Days Payable: 68.36 (22% below median its 10-year median of 87.09)
GF Value™: NT$38.37 vs. price of NT$39.30 (2.4% above fair value)
Industry Position: 2% below the Hardware median (#1111 of 2442)
No single metric tells the full story. See the TPE:3059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altek Corp is a digital image product supplier. The company, along with its subsidiaries, are engaged in the development, manufacturing, and sale of automobile cameras, medical and digital image technology application products, and related export and import trade.The Group mainly has one single reportable segment. The company generates the majority of its revenue from the Asia region followed by America and so on.
61GF Score
Get the complete analysis for TPE:3059
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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