InnoCare OptoelectronicsTPE:6861 -1.21%66 Days Payable is 106.90 as of Dec. 2025, which is 27% below its 10-year median of 147.27. GuruFocus rates TPE:6861 with a GF Score™ of 66/100 and a GF Value™ of NT$85.73 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 795 Medical Devices & Instruments companies, InnoCare Optoelectronics ranks better than 69.06% on this metric.
The historical rank and industry rank for InnoCare Optoelectronics's Days Payable or its related term are showing as below:
TPE:6861'
s Days Payable Range Over the Past 10 Years
Min: 107.51 Med: 147.27 Max: 1560.97
Current: 108.32
During the past 8 years, InnoCare Optoelectronics's highest Days Payable was 1560.97. The lowest was 107.51. And the median was 147.27.
TPE:6861's Days Payable is ranked better than 69.06% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 68.07
vs TPE:6861: 108.32
* 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:6861 vs ABT, SYK, MDT: Days Payable Comparison
For the Medical Devices subindustry, InnoCare Optoelectronics'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.
InnoCare Optoelectronics Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, InnoCare Optoelectronics's Days Payable distribution charts can be found below:
* The bar in red indicates where InnoCare Optoelectronics'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.
InnoCare Optoelectronics'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.
InnoCare Optoelectronics (TPE:6861) has a Days Payable of 106.90 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 InnoCare Optoelectronics and its competitors. This is 27% below median its historical median of 147.27. Over the past decade, InnoCare Optoelectronics' Days Payable has ranged from 107.51 to 1,560.97. According to the industry distribution chart, InnoCare Optoelectronics ranks #246 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 30.9%.
Is InnoCare Optoelectronics' Days Payable too high?
InnoCare Optoelectronics' current Days Payable of 106.90 is 27% below median its 10-year median of 147.27. Over the past 10 years, this metric has ranged from a low of 107.51 to a high of 1,560.97. The Medical Devices & Instruments industry median Days Payable is 68.07. InnoCare Optoelectronics' value of 106.90 is 57% above this industry median. Based on the distribution chart, InnoCare Optoelectronics ranks #246 out of 795 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, InnoCare Optoelectronics has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InnoCare Optoelectronics' Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, InnoCare Optoelectronics ranks #246 out of 795 companies for Days Payable. This puts InnoCare Optoelectronics in the upper half of its industry. The industry median Days Payable is 68.07. InnoCare Optoelectronics' value of 106.90 is 57% above this benchmark. Historically, InnoCare Optoelectronics' own Days Payable has ranged from 107.51 to 1,560.97 over the past decade. While the company's 10-year median is 147.27 vs. the industry median of 68.07, InnoCare Optoelectronics 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 Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.07, based on 795 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. InnoCare Optoelectronics's current Days Payable of 106.90 is 57% 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 InnoCare Optoelectronics and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InnoCare Optoelectronics's current Days Payable is 106.90, which is 27% below median its own 10-year median of 147.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InnoCare Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, InnoCare Optoelectronics (TPE:6861) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$85.73, compared to a current price of NT$327.50 — trading 282% above its estimated fair value. The current Days Payable is 106.90, which is 27% below median its 10-year median of 147.27 and 57% above the Medical Devices & Instruments industry median of 68.07. InnoCare Optoelectronics' overall GF Score™ is 66/100 with 2 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 InnoCare Optoelectronics (TPE:6861), the current Days Payable is 106.90 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 InnoCare Optoelectronics (TPE:6861) Overvalued in 2026?
Based on GuruFocus' analysis, InnoCare Optoelectronics stock appears to be overvalued.
The current stock price of NT$327.50 is trading 282% above its estimated GF Value™ of NT$85.73.
GuruFocus considers InnoCare Optoelectronics to be Significantly Overvalued.
Key valuation signals for TPE:6861:
Days Payable: 106.90 (27% below median its 10-year median of 147.27)
GF Value™: NT$85.73 vs. price of NT$327.50 (282% above fair value)
Industry Position: 57% above the Medical Devices & Instruments median (#246 of 795)
No single metric tells the full story. See the TPE:6861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InnoCare Optoelectronics Corp is mainly engaged in the manufacturing and sale of optical instruments and medical equipment. Its products include X-Ray flat panel detector devices, X-Ray flat panel detector modules, and others.
66GF Score
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