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Novatech CoXKRX:285490 +2.80%78 Days Payable is 25.50 as of Jun. 2026, which is 3% below its 10-year median of 26.28. GuruFocus rates XKRX:285490 with a GF Score™ of 78/100 and a GF Value™ of ₩12,492.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,438 Hardware companies, Novatech Co ranks worse than 85.97% on this metric.
Novatech Co's average Accounts Payable for the
three
months ended in Jun. 2026 was ₩1,822 Mil. Novatech Co's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₩6,519 Mil.
Hence, Novatech Co's Days Payable for the
three
months ended in Jun. 2026 was 25.50.
The historical rank and industry rank for Novatech Co's Days Payable or its related term are showing as below:
XKRX:285490'
s Days Payable Range Over the Past 10 Years
Min: 15.49 Med: 26.28 Max: 40.16
Current: 30.6
During the past 9 years, Novatech Co's highest Days Payable was 40.16. The lowest was 15.49. And the median was 26.28.
XKRX:285490's Days Payable is ranked worse than 85.97% of 2438
companies
in the Hardware industry
Industry Median: 70.08
vs XKRX:285490: 30.60
Novatech Co's Days Payable
declined
from Jun. 2025 (36.78) to Jun. 2026 (25.50).
It may suggest that Novatech Coaccelerated paying its suppliers.
The historical data trend for Novatech 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.
XKRX:285490 vs APH, GLW, TEL: Days Payable Comparison
For the Electronic Components subindustry, Novatech 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.
Novatech Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Novatech Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Novatech 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.
Novatech 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.
Novatech Co (XKRX:285490) has a Days Payable of 25.50 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 Novatech Co and its competitors. This is near median its historical median of 26.28. Over the past decade, Novatech Co's Days Payable has ranged from 15.49 to 40.16. According to the industry distribution chart, Novatech Co ranks #2096 out of 2438 companies in the Hardware industry, placing it in the top 86%.
Is Novatech Co's Days Payable too high?
Novatech Co's current Days Payable of 25.50 is near median its 10-year median of 26.28. Over the past 10 years, this metric has ranged from a low of 15.49 to a high of 40.16. The Hardware industry median Days Payable is 70.08. Novatech Co's value of 25.50 is 63.6% below this industry median. Based on the distribution chart, Novatech Co ranks #2096 out of 2438 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Novatech Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novatech Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Novatech Co ranks #2096 out of 2438 companies for Days Payable. This places Novatech Co in the lower half of its industry. The industry median Days Payable is 70.08. Novatech Co's value of 25.50 is 63.6% below this benchmark. Historically, Novatech Co's own Days Payable has ranged from 15.49 to 40.16 over the past decade. While the company's 10-year median is 26.28 vs. the industry median of 70.08, Novatech 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 Hardware company?
The median Days Payable among Hardware companies is 70.08, based on 2,438 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. Novatech Co's current Days Payable of 25.50 is 63.6% 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 Novatech Co and its competitors. For the Hardware industry, the median Days Payable is 70.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novatech Co's current Days Payable is 25.50, which is near median its own 10-year median of 26.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatech Co stock overvalued right now?
Based on GuruFocus' analysis, Novatech Co (XKRX:285490) is currently considered Fairly Valued. The stock's GF Value™ is ₩12,492.58, compared to a current price of ₩11,740.00 — trading 6% below its estimated fair value. The current Days Payable is 25.50, which is near median its 10-year median of 26.28 and 63.6% below the Hardware industry median of 70.08. Novatech Co's overall GF Score™ is 78/100 with 7 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 Novatech Co (XKRX:285490), the current Days Payable is 25.50 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 Novatech Co (XKRX:285490) Overvalued in 2026?
Based on GuruFocus' analysis, Novatech Co stock appears to be undervalued.
The current stock price of ₩11,740.00 is trading 6% below its estimated GF Value™ of ₩12,492.58.
GuruFocus considers Novatech Co to be Fairly Valued.
Key valuation signals for XKRX:285490:
Days Payable: 25.50 (near median its 10-year median of 26.28)
GF Value™: ₩12,492.58 vs. price of ₩11,740.00 (6% below fair value)
Industry Position: 63.6% below the Hardware median (#2096 of 2438)
No single metric tells the full story. See the XKRX:285490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novatech Co Ltd is a Korea based glass processing company. It is mainly engaged in the production of components including OELD (organic light-emitting diode) encapsulation glass, flat display panels, and super slim glass. The company operates in three business divisions including EG (OLED Encapsulation Glass) division, new business development, and lightining business division.
78GF Score
Get the complete analysis for XKRX:285490
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