FitTech CoTPE:6706 +2.53%47 Days Payable is 96.59 as of Dec. 2025, which is 30% above its 10-year median of 74.10. GuruFocus rates TPE:6706 with a GF Score™ of 47/100 and a GF Value™ of NT$44.46 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,987 Industrial Products companies, FitTech Co ranks worse than 59.06% on this metric.
FitTech Co's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$116.3 Mil. FitTech Co's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$109.9 Mil.
Hence, FitTech Co's Days Payable for the
three
months ended in Dec. 2025 was 96.59.
The historical rank and industry rank for FitTech Co's Days Payable or its related term are showing as below:
TPE:6706'
s Days Payable Range Over the Past 10 Years
Min: 19.63 Med: 74.1 Max: 115.25
Current: 63.08
During the past 12 years, FitTech Co's highest Days Payable was 115.25. The lowest was 19.63. And the median was 74.10.
TPE:6706's Days Payable is ranked worse than 59.06% of 2987
companies
in the Industrial Products industry
Industry Median: 78.05
vs TPE:6706: 63.08
FitTech Co's Days Payable
increased
from Dec. 2024 (71.37) to Dec. 2025 (96.59).
It may suggest that FitTech Codelayed paying its suppliers.
FitTech Co Days Payable Related Terms
FitTech Co Days Payable Historical Data
* Premium members only.
The historical data trend for FitTech 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 Specialty Industrial Machinery subindustry, FitTech 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.
FitTech Co Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FitTech Co's Days Payable distribution charts can be found below:
* The bar in red indicates where FitTech 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.
FitTech 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.
FitTech Co (TPE:6706) has a Days Payable of 96.59 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 FitTech Co and its competitors. This is 30% above median its historical median of 74.10. Over the past decade, FitTech Co's Days Payable has ranged from 19.63 to 115.25. According to the industry distribution chart, FitTech Co ranks #1764 out of 2987 companies in the Industrial Products industry, placing it in the top 59.1%.
Is FitTech Co's Days Payable too high?
FitTech Co's current Days Payable of 96.59 is 30% above median its 10-year median of 74.10. Over the past 10 years, this metric has ranged from a low of 19.63 to a high of 115.25. The Industrial Products industry median Days Payable is 78.05. FitTech Co's value of 96.59 is 23.8% above this industry median. Based on the distribution chart, FitTech Co ranks #1764 out of 2987 companies in the Industrial Products industry, which is below the industry midpoint. Overall, FitTech Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FitTech Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FitTech Co ranks #1764 out of 2987 companies for Days Payable. This places FitTech Co in the lower half of its industry. The industry median Days Payable is 78.05. FitTech Co's value of 96.59 is 23.8% above this benchmark. Historically, FitTech Co's own Days Payable has ranged from 19.63 to 115.25 over the past decade. While the company's 10-year median is 74.10 vs. the industry median of 78.05, FitTech 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 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. FitTech Co's current Days Payable of 96.59 is 23.8% 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 FitTech Co and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FitTech Co's current Days Payable is 96.59, which is 30% above median its own 10-year median of 74.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FitTech Co stock overvalued right now?
Based on GuruFocus' analysis, FitTech Co (TPE:6706) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$44.46, compared to a current price of NT$142.00 — trading 219.4% above its estimated fair value. The current Days Payable is 96.59, which is 30% above median its 10-year median of 74.10 and 23.8% above the Industrial Products industry median of 78.05. FitTech Co's overall GF Score™ is 47/100 with 9 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 FitTech Co (TPE:6706), the current Days Payable is 96.59 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 FitTech Co (TPE:6706) Overvalued in 2026?
Based on GuruFocus' analysis, FitTech Co stock appears to be overvalued.
The current stock price of NT$142.00 is trading 219.4% above its estimated GF Value™ of NT$44.46.
GuruFocus considers FitTech Co to be Significantly Overvalued.
Key valuation signals for TPE:6706:
Days Payable: 96.59 (30% above median its 10-year median of 74.10)
GF Value™: NT$44.46 vs. price of NT$142.00 (219.4% above fair value)
Industry Position: 23.8% above the Industrial Products median (#1764 of 2987)
No single metric tells the full story. See the TPE:6706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FitTech Co Ltd mainly engages in the manufacture and wholesale of machinery equipment, general instruments, optical instruments, other optical and precision machinery, industry of intellectual property rights, information software services, research and development services, and international trade. The Group is mainly engaged in R&D, production, and sales of optics testing equipment, laser machining equipment, and OEM optics testing. Products and solutions are LED/MiniLED Test Solutions, MicroLED Test and Transfer Solution, Micro LED solutions, Laser Micromachining Solutions, and others. Its products and service revenue are sales of machines, OEM, and others. It generates maximum revenue from Asia.
47GF Score
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