Solar Applied Materials Technology (ROCO:1785) Days Payable: 23.66 (As of Dec. 2025) — 45% Above Median


ROCO:1785 Solar Applied Materials Technology Corp ROCO:1785
57 GF Score
Price NT$143.00
GF Value NT$93.40
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Solar Applied Materials Technology Days Payable?

Solar Applied Materials Technology ROCO:1785 57 Days Payable is 23.66 as of Dec. 2025, which is 45% above its 10-year median of 16.27. GuruFocus rates ROCO:1785 with a GF Score™ of 57/100 and a GF Value™ of NT$93.40 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,994 Industrial Products companies, Solar Applied Materials Technology ranks worse than 91.75% on this metric.

Solar Applied Materials Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$2,417 Mil. Solar Applied Materials Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$9,323 Mil. Hence, Solar Applied Materials Technology's Days Payable for the three months ended in Dec. 2025 was 23.66.

The historical rank and industry rank for Solar Applied Materials Technology's Days Payable or its related term are showing as below:

ROCO:1785' s Days Payable Range Over the Past 10 Years
Min: 3.15   Med: 16.27   Max: 44.22
Current: 24.18

During the past 13 years, Solar Applied Materials Technology's highest Days Payable was 44.22. The lowest was 3.15. And the median was 16.27.

ROCO:1785's Days Payable is ranked worse than
91.75% of 2994 companies
in the Industrial Products industry
Industry Median: 78.045 vs ROCO:1785: 24.18

Solar Applied Materials Technology's Days Payable declined from Dec. 2024 (28.82) to Dec. 2025 (23.66). It may suggest that Solar Applied Materials Technology accelerated paying its suppliers.


Solar Applied Materials Technology Days Payable Related Terms


Solar Applied Materials Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Solar Applied Materials Technology'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.

Solar Applied Materials Technology Days Payable Chart

Solar Applied Materials Technology 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 5.26 13.96 18.58 23.00 26.62

Solar Applied Materials Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 28.82 29.71 21.90 20.31 23.66

ROCO:1785 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Solar Applied Materials Technology'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.


Solar Applied Materials Technology Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solar Applied Materials Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Solar Applied Materials Technology's Days Payable falls into.


ROCO:1785
57GF Score
Solar Applied Materials Technology Corp ROCO:1785
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solar Applied Materials Technology 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.

Solar Applied Materials Technology'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
=( (2328.606 + 2583.806) / 2 ) / 33672.571*365
=2456.206 / 33672.571*365
=26.62

Solar Applied Materials Technology's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2250.729 + 2583.806) / 2 ) / 9322.967*365 / 4
=2417.2675 / 9322.967*365 / 4
=23.66

* 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 23.66 mean?
Solar Applied Materials Technology (ROCO:1785) has a Days Payable of 23.66 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Solar Applied Materials Technology and its competitors. This is 45% above median its historical median of 16.27. Over the past decade, Solar Applied Materials Technology's Days Payable has ranged from 3.15 to 44.22. According to the industry distribution chart, Solar Applied Materials Technology ranks #2747 out of 2994 companies in the Industrial Products industry, placing it in the top 91.8%.
Is Solar Applied Materials Technology's Days Payable too high?
Solar Applied Materials Technology's current Days Payable of 23.66 is 45% above median its 10-year median of 16.27. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 44.22. The Industrial Products industry median Days Payable is 78.05. Solar Applied Materials Technology's value of 23.66 is 69.7% below this industry median. Based on the distribution chart, Solar Applied Materials Technology ranks #2747 out of 2994 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Solar Applied Materials Technology has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solar Applied Materials Technology's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Solar Applied Materials Technology ranks #2747 out of 2994 companies for Days Payable. This places Solar Applied Materials Technology in the lower half of its industry. The industry median Days Payable is 78.05. Solar Applied Materials Technology's value of 23.66 is 69.7% below this benchmark. Historically, Solar Applied Materials Technology's own Days Payable has ranged from 3.15 to 44.22 over the past decade. While the company's 10-year median is 16.27 vs. the industry median of 78.05, Solar Applied Materials Technology 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 78.05, based on 2,994 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. Solar Applied Materials Technology's current Days Payable of 23.66 is 69.7% 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 Solar Applied Materials Technology and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Applied Materials Technology's current Days Payable is 23.66, which is 45% above median its own 10-year median of 16.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Applied Materials Technology stock overvalued right now?
Based on GuruFocus' analysis, Solar Applied Materials Technology (ROCO:1785) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$93.40, compared to a current price of NT$143.00 — trading 53.1% above its estimated fair value. The current Days Payable is 23.66, which is 45% above median its 10-year median of 16.27 and 69.7% below the Industrial Products industry median of 78.05. Solar Applied Materials Technology's overall GF Score™ is 57/100 with 1 warning sign 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 Solar Applied Materials Technology (ROCO:1785), the current Days Payable is 23.66 as of Dec. 2025. 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 Solar Applied Materials Technology (ROCO:1785) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Applied Materials Technology stock appears to be overvalued. The current stock price of NT$143.00 is trading 53.1% above its estimated GF Value™ of NT$93.40. GuruFocus considers Solar Applied Materials Technology to be Significantly Overvalued.

Key valuation signals for ROCO:1785:

  • Days Payable: 23.66 (45% above median its 10-year median of 16.27)
  • GF Value™: NT$93.40 vs. price of NT$143.00 (53.1% above fair value)
  • GF Score™: 57/100 with 1 warning sign
  • Industry Position: 69.7% below the Industrial Products median (#2747 of 2994)

No single metric tells the full story. See the ROCO:1785 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solar Applied Materials Technology Business Description

Address No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955
Solar Applied Materials Technology Corp is a company involved in research and development and manufacturing of thin-film sputtering targets. It is engaged in manufacturing, processing, recycling, refining, and trading of sputtering targets for thin film, precious metal materials, and specialty chemicals for automobiles. The firm's operating segment includes Solar and Solar (KunShan). The firm generates the majority of its revenue from Solar (KunShan), which is principally engaged in producing photovoltaic sputtering targets for thin film, electroplating chemicals, specialty chemicals for automobiles, and electroplating processing.
57GF Score

Get the complete analysis for ROCO:1785

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

NT$143.00
Price
NT$93.40
GF Value