Min Aik Technology CoTPE:3060 -2.87%64 Days Payable is 77.76 as of Dec. 2025, which is 6% above its 10-year median of 73.19. GuruFocus rates TPE:3060 with a GF Score™ of 64/100 and a GF Value™ of NT$30.05 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,440 Hardware companies, Min Aik Technology Co ranks better than 57.87% on this metric.
Min Aik Technology Co Days Payable Historical Data
* Premium members only.
The historical data trend for Min Aik Technology 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.
For the Electronic Components subindustry, Min Aik Technology 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.
Min Aik Technology Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Min Aik Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Min Aik Technology 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.
Min Aik Technology 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.
Min Aik Technology Co (TPE:3060) has a Days Payable of 77.76 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 Min Aik Technology Co and its competitors. This is near median its historical median of 73.19. Over the past decade, Min Aik Technology Co's Days Payable has ranged from 65.13 to 82.42. According to the industry distribution chart, Min Aik Technology Co ranks #1028 out of 2440 companies in the Hardware industry, placing it in the top 42.1%.
Is Min Aik Technology Co's Days Payable too high?
Min Aik Technology Co's current Days Payable of 77.76 is near median its 10-year median of 73.19. Over the past 10 years, this metric has ranged from a low of 65.13 to a high of 82.42. The Hardware industry median Days Payable is 69.94. Min Aik Technology Co's value of 77.76 is 11.2% above this industry median. Based on the distribution chart, Min Aik Technology Co ranks #1028 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Min Aik Technology Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Min Aik Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Min Aik Technology Co ranks #1028 out of 2440 companies for Days Payable. This puts Min Aik Technology Co in the upper half of its industry. The industry median Days Payable is 69.94. Min Aik Technology Co's value of 77.76 is 11.2% above this benchmark. Historically, Min Aik Technology Co's own Days Payable has ranged from 65.13 to 82.42 over the past decade. While the company's 10-year median is 73.19 vs. the industry median of 69.94, Min Aik Technology 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 69.94, based on 2,440 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. Min Aik Technology Co's current Days Payable of 77.76 is 11.2% 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 Min Aik Technology Co and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Min Aik Technology Co's current Days Payable is 77.76, which is near median its own 10-year median of 73.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Min Aik Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Min Aik Technology Co (TPE:3060) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$30.05, compared to a current price of NT$35.55 — trading 18.3% above its estimated fair value. The current Days Payable is 77.76, which is near median its 10-year median of 73.19 and 11.2% above the Hardware industry median of 69.94. Min Aik Technology Co's overall GF Score™ is 64/100 with 7 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 Min Aik Technology Co (TPE:3060), the current Days Payable is 77.76 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 Min Aik Technology Co (TPE:3060) Overvalued in 2026?
Based on GuruFocus' analysis, Min Aik Technology Co stock appears to be overvalued.
The current stock price of NT$35.55 is trading 18.3% above its estimated GF Value™ of NT$30.05.
GuruFocus considers Min Aik Technology Co to be Modestly Overvalued.
Key valuation signals for TPE:3060:
Days Payable: 77.76 (near median its 10-year median of 73.19)
GF Value™: NT$30.05 vs. price of NT$35.55 (18.3% above fair value)
Industry Position: 11.2% above the Hardware median (#1028 of 2440)
No single metric tells the full story. See the TPE:3060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Min Aik Technology Co Ltd is involved in the design, manufacture, and sale of hard disk drive components, plastic camera components, medical device parts, and mechanical components for optical devices. Its operating segments are EMS (Electronics Manufacturing Service), which is the key revenue driver, which includes designing and manufacturing consumer electronics end products; the Automatic Equipment Service segment includes designing and manufacturing automatic machinery for industrial use; and the Commerce Service segment includes trading business. The company's geographical segments include Thailand, which is its key revenue-generating market, Singapore, Taiwan, the United States, and others.
64GF Score
Get the complete analysis for TPE:3060
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3060 has been successfully added to your 
