Microcosm Technology Co (ROCO:3354) Accounts Payable: NT$2.5 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3354 Microcosm Technology Co Ltd ROCO:3354
51 GF Score
Price NT$20.15
GF Value NT$16.03
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Microcosm Technology Co Accounts Payable?

Microcosm Technology Co ROCO:3354 51 Accounts Payable is NT$2.5 Mil as of Mar. 2026. GuruFocus rates ROCO:3354 with a GF Score™ of 51/100 and a GF Value™ of NT$16.03 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Microcosm Technology Co's Accounts Payable for the quarter that ended in Mar. 2026 was NT$2.5 Mil.

Microcosm Technology Co's quarterly Accounts Payable declined from Sep. 2025 (NT$2.7 Mil) to Dec. 2025 (NT$2.3 Mil) but then increased from Dec. 2025 (NT$2.3 Mil) to Mar. 2026 (NT$2.5 Mil).

Microcosm Technology Co's annual Accounts Payable declined from Dec. 2023 (NT$6.1 Mil) to Dec. 2024 (NT$4.5 Mil) and declined from Dec. 2024 (NT$4.5 Mil) to Dec. 2025 (NT$2.3 Mil).

Microcosm Technology Co Accounts Payable Related Terms

Microcosm Technology Co Accounts Payable Historical Data

* Premium members only.

The historical data trend for Microcosm Technology Co's Accounts 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.

Microcosm Technology Co Accounts Payable Chart

Microcosm Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.28 3.05 6.06 4.53 2.34

Microcosm Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts 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 3.45 2.36 2.66 2.34 2.51
ROCO:3354
51GF Score
Microcosm Technology Co Ltd ROCO:3354
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microcosm Technology Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of NT$2.5 Mil mean?
Microcosm Technology Co (ROCO:3354) has a Accounts Payable of NT$2.5 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Microcosm Technology Co and its competitors.
Is Microcosm Technology Co's Accounts Payable too high?
Microcosm Technology Co's current Accounts Payable is NT$2.5 Mil. Overall, Microcosm Technology Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microcosm Technology Co's Accounts Payable compare to APH and GLW?
Microcosm Technology Co's Accounts Payable of NT$2.5 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Hardware company?
A good Accounts Payable depends on the Hardware industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Microcosm Technology Co and its competitors. Microcosm Technology Co's current Accounts Payable is NT$2.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microcosm Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Microcosm Technology Co (ROCO:3354) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$16.03, compared to a current price of NT$20.15 — trading 25.7% above its estimated fair value. The current Accounts Payable is NT$2.5 Mil. Microcosm Technology Co's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Microcosm Technology Co (ROCO:3354), the current Accounts Payable is NT$2.5 Mil 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 Microcosm Technology Co (ROCO:3354) Overvalued in 2026?

Based on GuruFocus' analysis, Microcosm Technology Co stock appears to be overvalued. The current stock price of NT$20.15 is trading 25.7% above its estimated GF Value™ of NT$16.03. GuruFocus considers Microcosm Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:3354:

  • Accounts Payable: NT$2.5 Mil
  • GF Value™: NT$16.03 vs. price of NT$20.15 (25.7% above fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3354 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Microcosm Technology Co Business Description

Address No.8, Nanke 9th Road, ShanHwa District, Tainan City, TWN
Microcosm Technology Co Ltd is mainly engaged in the research, development, manufacture, and sale of ultra-thin flexible printed circuit board materials, adhesive-free flexible printed circuit board materials, and film-on-chip flexible substrates. The company is also engaged in the manufacture and sale of printed circuit board materials and chip-on-film (COF) flexible printed boards. Its products include Display Materials, Semiconductor Materials, Ion Exchange Membrane, and FPCB/PCB Materials.
51GF Score

Get the complete analysis for ROCO:3354

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

NT$20.15
Price
NT$16.03
GF Value