Fulltech Fiber Glass (ROCO:1815) Days Payable: 32.56 (As of Dec. 2025) — 30% Above Median


ROCO:1815 Fulltech Fiber Glass Corp ROCO:1815
59 GF Score
Price NT$96.50
GF Value NT$35.94
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Fulltech Fiber Glass Days Payable?

Fulltech Fiber Glass ROCO:1815 -3.02% 59 Days Payable is 32.56 as of Dec. 2025, which is 30% above its 10-year median of 25.06. GuruFocus rates ROCO:1815 with a GF Score™ of 59/100 and a GF Value™ of NT$35.94 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,437 Hardware companies, Fulltech Fiber Glass ranks worse than 83.26% on this metric.

Fulltech Fiber Glass's average Accounts Payable for the three months ended in Dec. 2025 was NT$415 Mil. Fulltech Fiber Glass's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,162 Mil. Hence, Fulltech Fiber Glass's Days Payable for the three months ended in Dec. 2025 was 32.56.

The historical rank and industry rank for Fulltech Fiber Glass's Days Payable or its related term are showing as below:

ROCO:1815' s Days Payable Range Over the Past 10 Years
Min: 18.08   Med: 25.06   Max: 36.62
Current: 33.91

During the past 13 years, Fulltech Fiber Glass's highest Days Payable was 36.62. The lowest was 18.08. And the median was 25.06.

ROCO:1815's Days Payable is ranked worse than
83.26% of 2437 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:1815: 33.91

Fulltech Fiber Glass's Days Payable declined from Dec. 2024 (36.71) to Dec. 2025 (32.56). It may suggest that Fulltech Fiber Glass accelerated paying its suppliers.


Fulltech Fiber Glass Days Payable Historical Data

* Premium members only.

The historical data trend for Fulltech Fiber Glass'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.

Fulltech Fiber Glass Days Payable Chart

Fulltech Fiber Glass 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 18.08 27.79 31.05 33.56 36.62

Fulltech Fiber Glass 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 36.71 39.76 31.35 30.05 32.56

ROCO:1815 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Fulltech Fiber Glass'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.


Fulltech Fiber Glass Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Fulltech Fiber Glass's Days Payable distribution charts can be found below:

* The bar in red indicates where Fulltech Fiber Glass's Days Payable falls into.


ROCO:1815
59GF Score
Fulltech Fiber Glass Corp ROCO:1815
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fulltech Fiber Glass 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.

Fulltech Fiber Glass'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
=( (443.214 + 425.14) / 2 ) / 4327.834*365
=434.177 / 4327.834*365
=36.62

Fulltech Fiber Glass'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
=( (404.221 + 425.14) / 2 ) / 1162.136*365 / 4
=414.6805 / 1162.136*365 / 4
=32.56

* 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 32.56 mean?
Fulltech Fiber Glass (ROCO:1815) has a Days Payable of 32.56 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 Fulltech Fiber Glass and its competitors. This is 30% above median its historical median of 25.06. Over the past decade, Fulltech Fiber Glass' Days Payable has ranged from 18.08 to 36.62. According to the industry distribution chart, Fulltech Fiber Glass ranks #2029 out of 2437 companies in the Hardware industry, placing it in the top 83.3%.
Is Fulltech Fiber Glass' Days Payable too high?
Fulltech Fiber Glass' current Days Payable of 32.56 is 30% above median its 10-year median of 25.06. Over the past 10 years, this metric has ranged from a low of 18.08 to a high of 36.62. The Hardware industry median Days Payable is 69.89. Fulltech Fiber Glass' value of 32.56 is 53.4% below this industry median. Based on the distribution chart, Fulltech Fiber Glass ranks #2029 out of 2437 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Fulltech Fiber Glass has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fulltech Fiber Glass' Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Fulltech Fiber Glass ranks #2029 out of 2437 companies for Days Payable. This places Fulltech Fiber Glass in the lower half of its industry. The industry median Days Payable is 69.89. Fulltech Fiber Glass' value of 32.56 is 53.4% below this benchmark. Historically, Fulltech Fiber Glass' own Days Payable has ranged from 18.08 to 36.62 over the past decade. While the company's 10-year median is 25.06 vs. the industry median of 69.89, Fulltech Fiber Glass 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 69.89, based on 2,437 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. Fulltech Fiber Glass's current Days Payable of 32.56 is 53.4% 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 Fulltech Fiber Glass and its competitors. For the Hardware industry, the median Days Payable is 69.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulltech Fiber Glass's current Days Payable is 32.56, which is 30% above median its own 10-year median of 25.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulltech Fiber Glass stock overvalued right now?
Based on GuruFocus' analysis, Fulltech Fiber Glass (ROCO:1815) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$35.94, compared to a current price of NT$96.50 — trading 168.5% above its estimated fair value. The current Days Payable is 32.56, which is 30% above median its 10-year median of 25.06 and 53.4% below the Hardware industry median of 69.89. Fulltech Fiber Glass' overall GF Score™ is 59/100 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 Fulltech Fiber Glass (ROCO:1815), the current Days Payable is 32.56 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 Fulltech Fiber Glass (ROCO:1815) Overvalued in 2026?

Based on GuruFocus' analysis, Fulltech Fiber Glass stock appears to be overvalued. The current stock price of NT$96.50 is trading 168.5% above its estimated GF Value™ of NT$35.94. GuruFocus considers Fulltech Fiber Glass to be Significantly Overvalued.

Key valuation signals for ROCO:1815:

  • Days Payable: 32.56 (30% above median its 10-year median of 25.06)
  • GF Value™: NT$35.94 vs. price of NT$96.50 (168.5% above fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 53.4% below the Hardware median (#2029 of 2437)

No single metric tells the full story. See the ROCO:1815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fulltech Fiber Glass Business Description

Address No. 8, Dougong 16th Road, Yunlin County, Douliu, TWN
Fulltech Fiber Glass Corp is engaged in producing and selling fiberglass yarn and fiberglass fabric, which are the main upstream materials for Printed Circuit Boards. The reportable segments of the company are the Fiberglass Yarn and the Fiberglass Fabric segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from China.
59GF Score

Get the complete analysis for ROCO:1815

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

NT$96.50
Price
NT$35.94
GF Value