Top Bright Holding CoTPE:8499 -0.83%82 Days Payable is 72.78 as of Dec. 2025, which is 12% below its 10-year median of 82.45. GuruFocus rates TPE:8499 with a GF Score™ of 82/100 and a GF Value™ of NT$220.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,440 Hardware companies, Top Bright Holding Co ranks better than 54.63% on this metric.
Top Bright Holding Co Days Payable Historical Data
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The historical data trend for Top Bright Holding 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 Electronic Components subindustry, Top Bright Holding 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.
Top Bright Holding Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Top Bright Holding Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Top Bright Holding 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.
Top Bright Holding 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.
Top Bright Holding Co (TPE:8499) has a Days Payable of 72.78 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 Top Bright Holding Co and its competitors. This is 12% below median its historical median of 82.45. Over the past decade, Top Bright Holding Co's Days Payable has ranged from 67.76 to 101.16. According to the industry distribution chart, Top Bright Holding Co ranks #1107 out of 2440 companies in the Hardware industry, placing it in the top 45.4%.
Is Top Bright Holding Co's Days Payable too high?
Top Bright Holding Co's current Days Payable of 72.78 is 12% below median its 10-year median of 82.45. Over the past 10 years, this metric has ranged from a low of 67.76 to a high of 101.16. The Hardware industry median Days Payable is 69.94. Top Bright Holding Co's value of 72.78 is 4.1% above this industry median. Based on the distribution chart, Top Bright Holding Co ranks #1107 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, Top Bright Holding Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top Bright Holding Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Top Bright Holding Co ranks #1107 out of 2440 companies for Days Payable. This puts Top Bright Holding Co in the upper half of its industry. The industry median Days Payable is 69.94. Top Bright Holding Co's value of 72.78 is 4.1% above this benchmark. Historically, Top Bright Holding Co's own Days Payable has ranged from 67.76 to 101.16 over the past decade. While the company's 10-year median is 82.45 vs. the industry median of 69.94, Top Bright Holding 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 a Hardware company?
The median Days Payable among Hardware companies is 69.94, 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. Top Bright Holding Co's current Days Payable of 72.78 is 4.1% 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 Top Bright Holding Co and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Bright Holding Co's current Days Payable is 72.78, which is 12% below median its own 10-year median of 82.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Bright Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Top Bright Holding Co (TPE:8499) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$220.36, compared to a current price of NT$298.00 — trading 35.2% above its estimated fair value. The current Days Payable is 72.78, which is 12% below median its 10-year median of 82.45 and 4.1% above the Hardware industry median of 69.94. Top Bright Holding Co's overall GF Score™ is 82/100 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 Top Bright Holding Co (TPE:8499), the current Days Payable is 72.78 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 Top Bright Holding Co (TPE:8499) Overvalued in 2026?
Based on GuruFocus' analysis, Top Bright Holding Co stock appears to be overvalued.
The current stock price of NT$298.00 is trading 35.2% above its estimated GF Value™ of NT$220.36.
GuruFocus considers Top Bright Holding Co to be Significantly Overvalued.
Key valuation signals for TPE:8499:
Days Payable: 72.78 (12% below median its 10-year median of 82.45)
GF Value™: NT$220.36 vs. price of NT$298.00 (35.2% above fair value)
Industry Position: 4.1% above the Hardware median (#1107 of 2440)
No single metric tells the full story. See the TPE:8499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Bright Holding Co Ltd is a Taiwan-based company engaged in the research, manufacture, and sale of electronic weighing and electronic materials. The company operates through two segments namely Electronic Materials Department and The Scales Department. It generates maximum revenue from the Electronic Material segment. The company's products include Conductive tape, Conductive foam, Conductive film, Insulation Tape, Shock-absorbing sealing material, Thermal interface material, Smart Barcode Scale, Smart weighing instrument, Traceability scale, and others. Geographically, it derives a majority of its revenue from China and also has a presence in Asia, Europe, America, Africa, and Oceania.
82GF Score
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