Howteh Technology Co (ROCO:3114) Days Payable: 28.64 (As of Dec. 2025) — 39% Below Median


ROCO:3114 Howteh Technology Co Ltd ROCO:3114
63 GF Score
Price NT$40.00
GF Value NT$27.60
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Howteh Technology Co Days Payable?

Howteh Technology Co ROCO:3114 63 Days Payable is 28.64 as of Dec. 2025, which is 39% below its 10-year median of 47.25. GuruFocus rates ROCO:3114 with a GF Score™ of 63/100 and a GF Value™ of NT$27.60 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 155 Industrial Distribution companies, Howteh Technology Co ranks worse than 87.1% on this metric.

Howteh Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$213 Mil. Howteh Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$680 Mil. Hence, Howteh Technology Co's Days Payable for the three months ended in Dec. 2025 was 28.64.

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

ROCO:3114' s Days Payable Range Over the Past 10 Years
Min: 25.87   Med: 47.25   Max: 60.17
Current: 28.89

During the past 13 years, Howteh Technology Co's highest Days Payable was 60.17. The lowest was 25.87. And the median was 47.25.

ROCO:3114's Days Payable is ranked worse than
87.1% of 155 companies
in the Industrial Distribution industry
Industry Median: 57.55 vs ROCO:3114: 28.89

Howteh Technology Co's Days Payable declined from Dec. 2024 (30.69) to Dec. 2025 (28.64). It may suggest that Howteh Technology Co accelerated paying its suppliers.


Howteh Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Howteh Technology 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.

Howteh Technology Co Days Payable Chart

Howteh Technology Co 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 42.25 47.36 41.45 31.97 25.87

Howteh Technology Co 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 30.69 32.79 27.43 30.57 28.64

ROCO:3114 vs GWW, FAST, FERG: Days Payable Comparison

For the Industrial Distribution subindustry, Howteh Technology 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.


Howteh Technology Co Days Payable vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Howteh Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Howteh Technology Co's Days Payable falls into.


ROCO:3114
63GF Score
Howteh Technology Co Ltd ROCO:3114
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howteh Technology Co 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.

Howteh Technology Co'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
=( (171.545 + 214.625) / 2 ) / 2724.554*365
=193.085 / 2724.554*365
=25.87

Howteh Technology Co'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
=( (212.354 + 214.625) / 2 ) / 680.098*365 / 4
=213.4895 / 680.098*365 / 4
=28.64

* 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 28.64 mean?
Howteh Technology Co (ROCO:3114) has a Days Payable of 28.64 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 Howteh Technology Co and its competitors. This is 39% below median its historical median of 47.25. Over the past decade, Howteh Technology Co's Days Payable has ranged from 25.87 to 60.17. According to the industry distribution chart, Howteh Technology Co ranks #135 out of 155 companies in the Industrial Distribution industry, placing it in the top 87.1%.
Is Howteh Technology Co's Days Payable too high?
Howteh Technology Co's current Days Payable of 28.64 is 39% below median its 10-year median of 47.25. Over the past 10 years, this metric has ranged from a low of 25.87 to a high of 60.17. The Industrial Distribution industry median Days Payable is 57.55. Howteh Technology Co's value of 28.64 is 50.2% below this industry median. Based on the distribution chart, Howteh Technology Co ranks #135 out of 155 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Howteh Technology Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howteh Technology Co's Days Payable compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Howteh Technology Co ranks #135 out of 155 companies for Days Payable. This places Howteh Technology Co in the lower half of its industry. The industry median Days Payable is 57.55. Howteh Technology Co's value of 28.64 is 50.2% below this benchmark. Historically, Howteh Technology Co's own Days Payable has ranged from 25.87 to 60.17 over the past decade. While the company's 10-year median is 47.25 vs. the industry median of 57.55, Howteh Technology 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 an Industrial Distribution company?
The median Days Payable among Industrial Distribution companies is 57.55, based on 155 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. Howteh Technology Co's current Days Payable of 28.64 is 50.2% 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 Howteh Technology Co and its competitors. For the Industrial Distribution industry, the median Days Payable is 57.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howteh Technology Co's current Days Payable is 28.64, which is 39% below median its own 10-year median of 47.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howteh Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Howteh Technology Co (ROCO:3114) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.60, compared to a current price of NT$40.00 — trading 44.9% above its estimated fair value. The current Days Payable is 28.64, which is 39% below median its 10-year median of 47.25 and 50.2% below the Industrial Distribution industry median of 57.55. Howteh Technology Co's overall GF Score™ is 63/100 with 2 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 Howteh Technology Co (ROCO:3114), the current Days Payable is 28.64 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 Howteh Technology Co (ROCO:3114) Overvalued in 2026?

Based on GuruFocus' analysis, Howteh Technology Co stock appears to be overvalued. The current stock price of NT$40.00 is trading 44.9% above its estimated GF Value™ of NT$27.60. GuruFocus considers Howteh Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3114:

  • Days Payable: 28.64 (39% below median its 10-year median of 47.25)
  • GF Value™: NT$27.60 vs. price of NT$40.00 (44.9% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 50.2% below the Industrial Distribution median (#135 of 155)

No single metric tells the full story. See the ROCO:3114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howteh Technology Co Business Description

Address 6th Floor, No. 25, Section 1, Dunhua South Road, Taipei, TWN, 105
Howteh Technology Co Ltd is engaged mainly in trading and agency business in passive electronic components, active electronic components, integrated circuit carrier board equipment, chemicals and raw materials, semiconductors and optical equipment. Its operating segment includes Taiwan Segment responsible for the agency sales of electronic components and process equipment in Taiwan; and China and South East Asia segment responsible for the distribution of electronic components in Eastern and Southern China (including Hongkong) and Vietnam. The majority of the revenue is derived from the Taiwan segment.
63GF Score

Get the complete analysis for ROCO:3114

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

NT$40.00
Price
NT$27.60
GF Value