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Ledtech ElectronicsTPE:6164 +4.13%67 Days Payable is 119.05 as of Mar. 2026, which is 9% above its 10-year median of 109.60. GuruFocus rates TPE:6164 with a GF Score™ of 67/100 and a GF Value™ of NT$11.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,994 Industrial Products companies, Ledtech Electronics ranks better than 71.14% on this metric.
The historical rank and industry rank for Ledtech Electronics's Days Payable or its related term are showing as below:
TPE:6164'
s Days Payable Range Over the Past 10 Years
Min: 75.18 Med: 109.6 Max: 131.79
Current: 131.79
During the past 13 years, Ledtech Electronics's highest Days Payable was 131.79. The lowest was 75.18. And the median was 109.60.
TPE:6164's Days Payable is ranked better than 71.14% of 2994
companies
in the Industrial Products industry
Industry Median: 78.065
vs TPE:6164: 131.79
Ledtech Electronics's Days Payable
declined
from Mar. 2025 (124.51) to Mar. 2026 (119.05).
It may suggest that Ledtech Electronicsaccelerated paying its suppliers.
The historical data trend for Ledtech Electronics'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 Electrical Equipment & Parts subindustry, Ledtech Electronics'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.
Ledtech Electronics Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ledtech Electronics's Days Payable distribution charts can be found below:
* The bar in red indicates where Ledtech Electronics'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.
Ledtech Electronics'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.
Ledtech Electronics (TPE:6164) has a Days Payable of 119.05 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ledtech Electronics and its competitors. This is near median its historical median of 109.60. Over the past decade, Ledtech Electronics' Days Payable has ranged from 75.18 to 131.79. According to the industry distribution chart, Ledtech Electronics ranks #864 out of 2994 companies in the Industrial Products industry, placing it in the top 28.9%.
Is Ledtech Electronics' Days Payable too high?
Ledtech Electronics' current Days Payable of 119.05 is near median its 10-year median of 109.60. Over the past 10 years, this metric has ranged from a low of 75.18 to a high of 131.79. The Industrial Products industry median Days Payable is 78.07. Ledtech Electronics' value of 119.05 is 52.5% above this industry median. Based on the distribution chart, Ledtech Electronics ranks #864 out of 2994 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ledtech Electronics has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ledtech Electronics' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ledtech Electronics ranks #864 out of 2994 companies for Days Payable. This puts Ledtech Electronics in the upper half of its industry. The industry median Days Payable is 78.07. Ledtech Electronics' value of 119.05 is 52.5% above this benchmark. Historically, Ledtech Electronics' own Days Payable has ranged from 75.18 to 131.79 over the past decade. While the company's 10-year median is 109.60 vs. the industry median of 78.07, Ledtech Electronics 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,994 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. Ledtech Electronics's current Days Payable of 119.05 is 52.5% 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 Ledtech Electronics and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ledtech Electronics's current Days Payable is 119.05, which is near median its own 10-year median of 109.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledtech Electronics stock overvalued right now?
Based on GuruFocus' analysis, Ledtech Electronics (TPE:6164) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.97, compared to a current price of NT$11.35 — trading 5.2% below its estimated fair value. The current Days Payable is 119.05, which is near median its 10-year median of 109.60 and 52.5% above the Industrial Products industry median of 78.07. Ledtech Electronics' overall GF Score™ is 67/100 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 Ledtech Electronics (TPE:6164), the current Days Payable is 119.05 as of Mar. 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 Ledtech Electronics (TPE:6164) Overvalued in 2026?
Based on GuruFocus' analysis, Ledtech Electronics stock appears to be undervalued.
The current stock price of NT$11.35 is trading 5.2% below its estimated GF Value™ of NT$11.97.
GuruFocus considers Ledtech Electronics to be Fairly Valued.
Key valuation signals for TPE:6164:
Days Payable: 119.05 (near median its 10-year median of 109.60)
GF Value™: NT$11.97 vs. price of NT$11.35 (5.2% below fair value)
Industry Position: 52.5% above the Industrial Products median (#864 of 2994)
No single metric tells the full story. See the TPE:6164 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ledtech Electronics Corp is a Taiwan-based company engaged in R&D, manufacturing, processing, and trading of LED displays in different specifications and sizes. Its product portfolio comprises LED lamps, LED displays, LED chips, LED backlights, LED light strips and tubes, and others. Geographically, the firm derives the majority of its revenue from Asia.
67GF Score
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