Kaori Heat Treatment Co (TPE:8996) Days Payable: 75.29 (As of Jun. 2026) — 330% Above Median

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TPE:8996 Kaori Heat Treatment Co Ltd TPE:8996
91 GF Score
Price NT$1,215.00
GF Value NT$903.51
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kaori Heat Treatment Co Days Payable?

Kaori Heat Treatment Co TPE:8996 +6.11% 91 Days Payable is 75.29 as of Jun. 2026, which is 330% above its 10-year median of 17.52. GuruFocus rates TPE:8996 with a GF Score™ of 91/100 and a GF Value™ of NT$903.51 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,000 Industrial Products companies, Kaori Heat Treatment Co ranks worse than 62.63% on this metric.

Kaori Heat Treatment Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$1,408 Mil. Kaori Heat Treatment Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$1,706 Mil. Hence, Kaori Heat Treatment Co's Days Payable for the three months ended in Jun. 2026 was 75.29.

The historical rank and industry rank for Kaori Heat Treatment Co's Days Payable or its related term are showing as below:

TPE:8996' s Days Payable Range Over the Past 10 Years
Min: 7.18   Med: 17.52   Max: 72.07
Current: 60

During the past 13 years, Kaori Heat Treatment Co's highest Days Payable was 72.07. The lowest was 7.18. And the median was 17.52.

TPE:8996's Days Payable is ranked worse than
62.63% of 3000 companies
in the Industrial Products industry
Industry Median: 77.475 vs TPE:8996: 60.00

Kaori Heat Treatment Co's Days Payable increased from Jun. 2025 (48.22) to Jun. 2026 (75.29). It may suggest that Kaori Heat Treatment Co delayed paying its suppliers.


Kaori Heat Treatment Co Days Payable Historical Data

* Premium members only.

The historical data trend for Kaori Heat Treatment 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.

Kaori Heat Treatment Co Days Payable Chart

Kaori Heat Treatment 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 25.84 39.39 26.97 36.70 72.07

Kaori Heat Treatment 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 48.22 52.23 67.35 58.63 75.29

TPE:8996 vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Kaori Heat Treatment 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.


Kaori Heat Treatment Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kaori Heat Treatment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kaori Heat Treatment Co's Days Payable falls into.


TPE:8996
91GF Score
Kaori Heat Treatment Co Ltd TPE:8996
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaori Heat Treatment 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.

Kaori Heat Treatment 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
=( (360.21 + 1527.977) / 2 ) / 4781.639*365
=944.0935 / 4781.639*365
=72.07

Kaori Heat Treatment 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
=( (1593.929 + 1221.447) / 2 ) / 1705.981*365 / 4
=1407.688 / 1705.981*365 / 4
=75.29

* 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 75.29 mean?
Kaori Heat Treatment Co (TPE:8996) has a Days Payable of 75.29 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 Kaori Heat Treatment Co and its competitors. This is 330% above median its historical median of 17.52. Over the past decade, Kaori Heat Treatment Co's Days Payable has ranged from 7.18 to 72.07. According to the industry distribution chart, Kaori Heat Treatment Co ranks #1879 out of 3000 companies in the Industrial Products industry, placing it in the top 62.6%.
Is Kaori Heat Treatment Co's Days Payable too high?
Kaori Heat Treatment Co's current Days Payable of 75.29 is 330% above median its 10-year median of 17.52. Over the past 10 years, this metric has ranged from a low of 7.18 to a high of 72.07. The Industrial Products industry median Days Payable is 77.48. Kaori Heat Treatment Co's value of 75.29 is 2.8% below this industry median. Based on the distribution chart, Kaori Heat Treatment Co ranks #1879 out of 3000 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kaori Heat Treatment Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaori Heat Treatment Co's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kaori Heat Treatment Co ranks #1879 out of 3000 companies for Days Payable. This places Kaori Heat Treatment Co in the lower half of its industry. The industry median Days Payable is 77.48. Kaori Heat Treatment Co's value of 75.29 is 2.8% below this benchmark. Historically, Kaori Heat Treatment Co's own Days Payable has ranged from 7.18 to 72.07 over the past decade. While the company's 10-year median is 17.52 vs. the industry median of 77.48, Kaori Heat Treatment 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.48, based on 3,000 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. Kaori Heat Treatment Co's current Days Payable of 75.29 is 2.8% 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 Kaori Heat Treatment Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaori Heat Treatment Co's current Days Payable is 75.29, which is 330% above median its own 10-year median of 17.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaori Heat Treatment Co stock overvalued right now?
Based on GuruFocus' analysis, Kaori Heat Treatment Co (TPE:8996) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$903.51, compared to a current price of NT$1,215.00 — trading 34.5% above its estimated fair value. The current Days Payable is 75.29, which is 330% above median its 10-year median of 17.52 and 2.8% below the Industrial Products industry median of 77.48. Kaori Heat Treatment Co's overall GF Score™ is 91/100 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 Kaori Heat Treatment Co (TPE:8996), the current Days Payable is 75.29 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 Kaori Heat Treatment Co (TPE:8996) Overvalued in 2026?

Based on GuruFocus' analysis, Kaori Heat Treatment Co stock appears to be overvalued. The current stock price of NT$1,215.00 is trading 34.5% above its estimated GF Value™ of NT$903.51. GuruFocus considers Kaori Heat Treatment Co to be Significantly Overvalued.

Key valuation signals for TPE:8996:

  • Days Payable: 75.29 (330% above median its 10-year median of 17.52)
  • GF Value™: NT$903.51 vs. price of NT$1,215.00 (34.5% above fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 2.8% below the Industrial Products median (#1879 of 3000)

No single metric tells the full story. See the TPE:8996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaori Heat Treatment Co Business Description

Address No. 5-2, Jilin North Road, Zhongli District, Taoyuan City, TWN, 320030
Kaori Heat Treatment Co Ltd specializes in producing mechanical hardware, processing fabricated metals, and manufacturing and developing heat exchange products or thermal products. The Group's factories are established in Zhongli, Kaohsiung, etc. Its operating activities include heat treatment processing of various mechanical hardware and fabricated metals, plate heat exchangers, thermal products, and manufacturing activities. The Group operates in a single operating segment of plate heat exchangers, power generation, and thermal energy products. It operates in Asia, America, Europe, and others. The Group generates maximum revenue from America.
91GF Score

Get the complete analysis for TPE:8996

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

NT$1,215.00
Price
NT$903.51
GF Value