ZTSTF (Ztest Electronics) Days Payable: 80.43 (As of Mar. 2026) — 26% Below Median


ZTSTF Ztest Electronics Inc ZTSTF
47 GF Score
Price $0.23
GF Value $0.15
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ztest Electronics Days Payable?

Ztest Electronics ZTSTF -8.00% 47 Days Payable is 80.43 as of Mar. 2026, which is 26% below its 10-year median of 109.08. GuruFocus rates ZTSTF with a GF Score™ of 47/100 and a GF Value™ of $0.15 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,441 Hardware companies, Ztest Electronics ranks better than 62.06% on this metric.

Ztest Electronics's average Accounts Payable for the three months ended in Mar. 2026 was $0.87 Mil. Ztest Electronics's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.99 Mil. Hence, Ztest Electronics's Days Payable for the three months ended in Mar. 2026 was 80.43.

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

ZTSTF' s Days Payable Range Over the Past 10 Years
Min: 88.76   Med: 109.08   Max: 161.18
Current: 88.76

During the past 13 years, Ztest Electronics's highest Days Payable was 161.18. The lowest was 88.76. And the median was 109.08.

ZTSTF's Days Payable is ranked better than
62.06% of 2441 companies
in the Hardware industry
Industry Median: 69.99 vs ZTSTF: 88.76

Ztest Electronics's Days Payable declined from Mar. 2025 (102.49) to Mar. 2026 (80.43). It may suggest that Ztest Electronics accelerated paying its suppliers.


Ztest Electronics Days Payable Historical Data

* Premium members only.

The historical data trend for Ztest Electronics'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.

Ztest Electronics Days Payable Chart

Ztest Electronics Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.47 0.00 161.15 101.83 91.94

Ztest Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 102.49 85.43 102.84 78.05 80.43

ZTSTF vs APH, GLW, TEL: Days Payable Comparison

For the Electronic Components subindustry, Ztest Electronics'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.


Ztest Electronics Days Payable vs Hardware Industry

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

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


ZTSTF
47GF Score
Ztest Electronics Inc ZTSTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ztest Electronics 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.

Ztest Electronics's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1.06 + 0.732) / 2 ) / 3.557*365
=0.896 / 3.557*365
=91.94

Ztest Electronics's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.766 + 0.974) / 2 ) / 0.987*365 / 4
=0.87 / 0.987*365 / 4
=80.43

* 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 80.43 mean?
Ztest Electronics (ZTSTF) has a Days Payable of 80.43 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 Ztest Electronics and its competitors. This is 26% below median its historical median of 109.08. Over the past decade, Ztest Electronics' Days Payable has ranged from 88.76 to 161.18. According to the industry distribution chart, Ztest Electronics ranks #926 out of 2441 companies in the Hardware industry, placing it in the top 37.9%.
Is Ztest Electronics' Days Payable too high?
Ztest Electronics' current Days Payable of 80.43 is 26% below median its 10-year median of 109.08. Over the past 10 years, this metric has ranged from a low of 88.76 to a high of 161.18. The Hardware industry median Days Payable is 69.99. Ztest Electronics' value of 80.43 is 14.9% above this industry median. Based on the distribution chart, Ztest Electronics ranks #926 out of 2441 companies in the Hardware industry, which is above the industry midpoint. Overall, Ztest Electronics has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ztest Electronics' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Ztest Electronics ranks #926 out of 2441 companies for Days Payable. This puts Ztest Electronics in the upper half of its industry. The industry median Days Payable is 69.99. Ztest Electronics' value of 80.43 is 14.9% above this benchmark. Historically, Ztest Electronics' own Days Payable has ranged from 88.76 to 161.18 over the past decade. While the company's 10-year median is 109.08 vs. the industry median of 69.99, Ztest Electronics 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 69.99, based on 2,441 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. Ztest Electronics's current Days Payable of 80.43 is 14.9% 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 Ztest Electronics and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ztest Electronics's current Days Payable is 80.43, which is 26% below median its own 10-year median of 109.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ztest Electronics stock overvalued right now?
Based on GuruFocus' analysis, Ztest Electronics (ZTSTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.15, compared to a current price of $0.23 — trading 53.3% above its estimated fair value. The current Days Payable is 80.43, which is 26% below median its 10-year median of 109.08 and 14.9% above the Hardware industry median of 69.99. Ztest Electronics' overall GF Score™ is 47/100 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 Ztest Electronics (ZTSTF), the current Days Payable is 80.43 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 Ztest Electronics (ZTSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Ztest Electronics stock appears to be overvalued. The current stock price of $0.23 is trading 53.3% above its estimated GF Value™ of $0.15. GuruFocus considers Ztest Electronics to be Significantly Overvalued.

Key valuation signals for ZTSTF:

  • Days Payable: 80.43 (26% below median its 10-year median of 109.08)
  • GF Value™: $0.15 vs. price of $0.23 (53.3% above fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 14.9% above the Hardware median (#926 of 2441)

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


Ztest Electronics Business Description

Other Exchanges ZTE:Canada
Address 523 McNicoll Avenue, North York, Toronto, ON, CAN, M2H 2C9
Ztest Electronics Inc is a Canada-based company. It is involved in the designing, developing, and assembling printed circuit boards and other electronic equipment. Geographically, the company operates only in Canada.
47GF Score

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

$0.23
Price
$0.15
GF Value