RiTdisplay (TPE:8104) Days Payable: 79.42 (As of Jun. 2026) — 12% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:8104 RiTdisplay Corp TPE:8104
70 GF Score
Price NT$30.70
GF Value NT$30.74
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is RiTdisplay Days Payable?

RiTdisplay TPE:8104 -0.65% 70 Days Payable is 79.42 as of Jun. 2026, which is 12% below its 10-year median of 90.09. GuruFocus rates TPE:8104 with a GF Score™ of 70/100 and a GF Value™ of NT$30.74 (Fairly Valued). The stock has 11 warning signs investors should review. Among 2,440 Hardware companies, RiTdisplay ranks better than 58.93% on this metric.

RiTdisplay's average Accounts Payable for the three months ended in Jun. 2026 was NT$560 Mil. RiTdisplay's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$643 Mil. Hence, RiTdisplay's Days Payable for the three months ended in Jun. 2026 was 79.42.

The historical rank and industry rank for RiTdisplay's Days Payable or its related term are showing as below:

TPE:8104' s Days Payable Range Over the Past 10 Years
Min: 53.57   Med: 90.09   Max: 114.86
Current: 82.89

During the past 13 years, RiTdisplay's highest Days Payable was 114.86. The lowest was 53.57. And the median was 90.09.

TPE:8104's Days Payable is ranked better than
58.93% of 2440 companies
in the Hardware industry
Industry Median: 70.065 vs TPE:8104: 82.89

RiTdisplay's Days Payable increased from Jun. 2025 (40.86) to Jun. 2026 (79.42). It may suggest that RiTdisplay delayed paying its suppliers.


RiTdisplay Days Payable Historical Data

* Premium members only.

The historical data trend for RiTdisplay'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.

RiTdisplay Days Payable Chart

RiTdisplay 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 88.99 87.35 83.74 89.32 53.57

RiTdisplay 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 40.86 59.16 87.66 113.54 79.42

TPE:8104 vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, RiTdisplay'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.


RiTdisplay Days Payable vs Hardware Industry

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

* The bar in red indicates where RiTdisplay's Days Payable falls into.


TPE:8104
70GF Score
RiTdisplay Corp TPE:8104
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RiTdisplay 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.

RiTdisplay'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
=( (462.015 + 418.828) / 2 ) / 3000.595*365
=440.4215 / 3000.595*365
=53.57

RiTdisplay'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
=( (515.094 + 604.656) / 2 ) / 643.273*365 / 4
=559.875 / 643.273*365 / 4
=79.42

* 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 79.42 mean?
RiTdisplay (TPE:8104) has a Days Payable of 79.42 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 RiTdisplay and its competitors. This is 12% below median its historical median of 90.09. Over the past decade, RiTdisplay's Days Payable has ranged from 53.57 to 114.86. According to the industry distribution chart, RiTdisplay ranks #1002 out of 2440 companies in the Hardware industry, placing it in the top 41.1%.
Is RiTdisplay's Days Payable too high?
RiTdisplay's current Days Payable of 79.42 is 12% below median its 10-year median of 90.09. Over the past 10 years, this metric has ranged from a low of 53.57 to a high of 114.86. The Hardware industry median Days Payable is 70.07. RiTdisplay's value of 79.42 is 13.4% above this industry median. Based on the distribution chart, RiTdisplay ranks #1002 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, RiTdisplay has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RiTdisplay's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, RiTdisplay ranks #1002 out of 2440 companies for Days Payable. This puts RiTdisplay in the upper half of its industry. The industry median Days Payable is 70.07. RiTdisplay's value of 79.42 is 13.4% above this benchmark. Historically, RiTdisplay's own Days Payable has ranged from 53.57 to 114.86 over the past decade. While the company's 10-year median is 90.09 vs. the industry median of 70.07, RiTdisplay 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 70.07, 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. RiTdisplay's current Days Payable of 79.42 is 13.4% 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 RiTdisplay and its competitors. For the Hardware industry, the median Days Payable is 70.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiTdisplay's current Days Payable is 79.42, which is 12% below median its own 10-year median of 90.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiTdisplay stock overvalued right now?
Based on GuruFocus' analysis, RiTdisplay (TPE:8104) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.74, compared to a current price of NT$30.70 — trading 0.1% below its estimated fair value. The current Days Payable is 79.42, which is 12% below median its 10-year median of 90.09 and 13.4% above the Hardware industry median of 70.07. RiTdisplay's overall GF Score™ is 70/100 with 11 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 RiTdisplay (TPE:8104), the current Days Payable is 79.42 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 RiTdisplay (TPE:8104) Overvalued in 2026?

Based on GuruFocus' analysis, RiTdisplay stock appears to be undervalued. The current stock price of NT$30.70 is trading 0.1% below its estimated GF Value™ of NT$30.74. GuruFocus considers RiTdisplay to be Fairly Valued.

Key valuation signals for TPE:8104:

  • Days Payable: 79.42 (12% below median its 10-year median of 90.09)
  • GF Value™: NT$30.74 vs. price of NT$30.70 (0.1% below fair value)
  • GF Score™: 70/100 with 11 warning signs
  • Industry Position: 13.4% above the Hardware median (#1002 of 2440)

No single metric tells the full story. See the TPE:8104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RiTdisplay Business Description

Address No. 12, Kuanfu North Road, Hsinchu Industrial Park, Hukou Township, Hsinchu, TWN, 30351
RiTdisplay Corp is engaged in the research development and manufacturing of the organic light-emitting diode. The company combines technologies, R&D, and sales and marketing strategies to provide flat-panel display products to its customers. Geographically, it derives a majority of its revenue from Taiwan and also has a presence in America; China, and Other countries.
70GF Score

Get the complete analysis for TPE:8104

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

NT$30.70
Price
NT$30.74
GF Value