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Techno Medica CoTSE:6678 +0.33%87 Days Payable is 44.98 as of Mar. 2026, which is 50% below its 10-year median of 89.29. GuruFocus rates TSE:6678 with a GF Score™ of 87/100 and a GF Value™ of 円2,454.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 793 Medical Devices & Instruments companies, Techno Medica Co ranks worse than 64.82% on this metric.
The historical rank and industry rank for Techno Medica Co's Days Payable or its related term are showing as below:
TSE:6678'
s Days Payable Range Over the Past 10 Years
Min: 52 Med: 89.29 Max: 109.67
Current: 52
During the past 13 years, Techno Medica Co's highest Days Payable was 109.67. The lowest was 52.00. And the median was 89.29.
TSE:6678's Days Payable is ranked worse than 64.82% of 793
companies
in the Medical Devices & Instruments industry
Industry Median: 68.47
vs TSE:6678: 52.00
Techno Medica Co's Days Payable
increased
from Mar. 2025 (0.00) to Mar. 2026 (44.98).
It may suggest that Techno Medica Codelayed paying its suppliers.
The historical data trend for Techno Medica 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.
TSE:6678 vs ABT, SYK, MDT: Days Payable Comparison
For the Medical Devices subindustry, Techno Medica 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.
Techno Medica Co Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Techno Medica Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Techno Medica 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.
Techno Medica Co's Days Payable for the fiscal year that ended in Mar. 2026 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.
Techno Medica Co (TSE:6678) has a Days Payable of 44.98 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Techno Medica Co and its competitors. This is 50% below median its historical median of 89.29. Over the past decade, Techno Medica Co's Days Payable has ranged from 52.00 to 109.67. According to the industry distribution chart, Techno Medica Co ranks #514 out of 793 companies in the Medical Devices & Instruments industry, placing it in the top 64.8%.
Is Techno Medica Co's Days Payable too high?
Techno Medica Co's current Days Payable of 44.98 is 50% below median its 10-year median of 89.29. Over the past 10 years, this metric has ranged from a low of 52.00 to a high of 109.67. The Medical Devices & Instruments industry median Days Payable is 68.47. Techno Medica Co's value of 44.98 is 34.3% below this industry median. Based on the distribution chart, Techno Medica Co ranks #514 out of 793 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Techno Medica Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techno Medica Co's Days Payable compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Techno Medica Co ranks #514 out of 793 companies for Days Payable. This places Techno Medica Co in the lower half of its industry. The industry median Days Payable is 68.47. Techno Medica Co's value of 44.98 is 34.3% below this benchmark. Historically, Techno Medica Co's own Days Payable has ranged from 52.00 to 109.67 over the past decade. While the company's 10-year median is 89.29 vs. the industry median of 68.47, Techno Medica 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 a Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.47, based on 793 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. Techno Medica Co's current Days Payable of 44.98 is 34.3% 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 Techno Medica Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Medica Co's current Days Payable is 44.98, which is 50% below median its own 10-year median of 89.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medica Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Medica Co (TSE:6678) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,454.94, compared to a current price of 円2,122.00 — trading 13.6% below its estimated fair value. The current Days Payable is 44.98, which is 50% below median its 10-year median of 89.29 and 34.3% below the Medical Devices & Instruments industry median of 68.47. Techno Medica Co's overall GF Score™ is 87/100 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 Techno Medica Co (TSE:6678), the current Days Payable is 44.98 as of Mar. 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 Techno Medica Co (TSE:6678) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Medica Co stock appears to be undervalued.
The current stock price of 円2,122.00 is trading 13.6% below its estimated GF Value™ of 円2,454.94.
GuruFocus considers Techno Medica Co to be Modestly Undervalued.
Key valuation signals for TSE:6678:
Days Payable: 44.98 (50% below median its 10-year median of 89.29)
GF Value™: 円2,454.94 vs. price of 円2,122.00 (13.6% below fair value)
Industry Position: 34.3% below the Medical Devices & Instruments median (#514 of 793)
No single metric tells the full story. See the TSE:6678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Medica Co Ltd is engaged in the research, development, manufacturing, and sales of medical and in vitro diagnostic products. The company's products classified under Test Tube preparation systems. Additionally, company also import and export medical equipment and Analytical instrument for clinical examination.
87GF Score
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