Zhong Yang Technology Co (TPE:6668) Days Payable: 65.60 (As of Jun. 2026) — 45% Above Median

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TPE:6668 Zhong Yang Technology Co Ltd TPE:6668
51 GF Score
Price NT$36.40
GF Value NT$51.87
Valuation Possible Value Trap
! 6 Warning Signs
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What is Zhong Yang Technology Co Days Payable?

Zhong Yang Technology Co TPE:6668 +0.55% 51 Days Payable is 65.60 as of Jun. 2026, which is 45% above its 10-year median of 45.23. GuruFocus rates TPE:6668 with a GF Score™ of 51/100 and a GF Value™ of NT$51.87 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,438 Hardware companies, Zhong Yang Technology Co ranks worse than 60.95% on this metric.

Zhong Yang Technology Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$192 Mil. Zhong Yang Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$267 Mil. Hence, Zhong Yang Technology Co's Days Payable for the three months ended in Jun. 2026 was 65.60.

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

TPE:6668' s Days Payable Range Over the Past 10 Years
Min: 28.19   Med: 45.23   Max: 105.31
Current: 58.15

During the past 11 years, Zhong Yang Technology Co's highest Days Payable was 105.31. The lowest was 28.19. And the median was 45.23.

TPE:6668's Days Payable is ranked worse than
60.95% of 2438 companies
in the Hardware industry
Industry Median: 70.08 vs TPE:6668: 58.15

Zhong Yang Technology Co's Days Payable increased from Jun. 2025 (48.92) to Jun. 2026 (65.60). It may suggest that Zhong Yang Technology Co delayed paying its suppliers.


Zhong Yang Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zhong Yang 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.

Zhong Yang Technology Co Days Payable Chart

Zhong Yang Technology 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 39.25 28.19 35.18 43.31 49.53

Zhong Yang Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 48.92 53.79 47.14 75.36 65.60

TPE:6668 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Zhong Yang 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.


Zhong Yang Technology Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Zhong Yang Technology Co's Days Payable falls into.


TPE:6668
51GF Score
Zhong Yang Technology Co Ltd TPE:6668
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhong Yang Technology 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.

Zhong Yang Technology 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
=( (84.77 + 183.428) / 2 ) / 988.234*365
=134.099 / 988.234*365
=49.53

Zhong Yang Technology Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (206.697 + 176.912) / 2 ) / 266.818*365 / 4
=191.8045 / 266.818*365 / 4
=65.60

* 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 65.60 mean?
Zhong Yang Technology Co (TPE:6668) has a Days Payable of 65.60 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 Zhong Yang Technology Co and its competitors. This is 45% above median its historical median of 45.23. Over the past decade, Zhong Yang Technology Co's Days Payable has ranged from 28.19 to 105.31. According to the industry distribution chart, Zhong Yang Technology Co ranks #1486 out of 2438 companies in the Hardware industry, placing it in the top 61%.
Is Zhong Yang Technology Co's Days Payable too high?
Zhong Yang Technology Co's current Days Payable of 65.60 is 45% above median its 10-year median of 45.23. Over the past 10 years, this metric has ranged from a low of 28.19 to a high of 105.31. The Hardware industry median Days Payable is 70.08. Zhong Yang Technology Co's value of 65.60 is 6.4% below this industry median. Based on the distribution chart, Zhong Yang Technology Co ranks #1486 out of 2438 companies in the Hardware industry, which is below the industry midpoint. Overall, Zhong Yang Technology Co has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhong Yang Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Zhong Yang Technology Co ranks #1486 out of 2438 companies for Days Payable. This places Zhong Yang Technology Co in the lower half of its industry. The industry median Days Payable is 70.08. Zhong Yang Technology Co's value of 65.60 is 6.4% below this benchmark. Historically, Zhong Yang Technology Co's own Days Payable has ranged from 28.19 to 105.31 over the past decade. While the company's 10-year median is 45.23 vs. the industry median of 70.08, Zhong Yang Technology 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 70.08, based on 2,438 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. Zhong Yang Technology Co's current Days Payable of 65.60 is 6.4% 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 Zhong Yang Technology Co and its competitors. For the Hardware industry, the median Days Payable is 70.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhong Yang Technology Co's current Days Payable is 65.60, which is 45% above median its own 10-year median of 45.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhong Yang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhong Yang Technology Co (TPE:6668) is currently considered Possible Value Trap. The stock's GF Value™ is NT$51.87, compared to a current price of NT$36.40 — trading 29.8% below its estimated fair value. The current Days Payable is 65.60, which is 45% above median its 10-year median of 45.23 and 6.4% below the Hardware industry median of 70.08. Zhong Yang Technology Co's overall GF Score™ is 51/100 with 6 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 Zhong Yang Technology Co (TPE:6668), the current Days Payable is 65.60 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 Zhong Yang Technology Co (TPE:6668) Overvalued in 2026?

Based on GuruFocus' analysis, Zhong Yang Technology Co stock appears to be undervalued. The current stock price of NT$36.40 is trading 29.8% below its estimated GF Value™ of NT$51.87. GuruFocus considers Zhong Yang Technology Co to be Possible Value Trap.

Key valuation signals for TPE:6668:

  • Days Payable: 65.60 (45% above median its 10-year median of 45.23)
  • GF Value™: NT$51.87 vs. price of NT$36.40 (29.8% below fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 6.4% below the Hardware median (#1486 of 2438)

No single metric tells the full story. See the TPE:6668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhong Yang Technology Co Business Description

Address No. 21, Gongyequ 22nd Road, Nantun District, Taichung, TWN, 40850
Zhong Yang Technology Co Ltd is a company engaged in the research and development, manufacturing, and sales of optical mold products. The company is also involved in the production of molds which are used to produce the lens for a cell phone, a car with the camera, and other kinds of optical modules. Its products have applications in various industries such as mobile phones, automobiles, and others. Its geographical segments include China, Taiwan, Korea, and Other countries.
51GF Score

Get the complete analysis for TPE:6668

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

NT$36.40
Price
NT$51.87
GF Value