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Tecstar Technology CoROCO:3117 +2.21%28 Days Payable is 81.92 as of Dec. 2025, which is 67% above its 10-year median of 49.00. GuruFocus rates ROCO:3117 with a GF Score™ of 28/100 and a GF Value™ of NT$5.80 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,442 Hardware companies, Tecstar Technology Co ranks better than 54.55% on this metric.
Tecstar Technology Co Days Payable Historical Data
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The historical data trend for Tecstar 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.
For the Electronic Components subindustry, Tecstar 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.
Tecstar Technology Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Tecstar Technology Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Tecstar Technology Co's Days Payable falls into.
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.
Tecstar Technology Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tecstar Technology Co (ROCO:3117) has a Days Payable of 81.92 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 Tecstar Technology Co and its competitors. This is 67% above median its historical median of 49.00. Over the past decade, Tecstar Technology Co's Days Payable has ranged from 41.40 to 80.16. According to the industry distribution chart, Tecstar Technology Co ranks #1110 out of 2442 companies in the Hardware industry, placing it in the top 45.5%.
Is Tecstar Technology Co's Days Payable too high?
Tecstar Technology Co's current Days Payable of 81.92 is 67% above median its 10-year median of 49.00. Over the past 10 years, this metric has ranged from a low of 41.40 to a high of 80.16. The Hardware industry median Days Payable is 69.89. Tecstar Technology Co's value of 81.92 is 17.2% above this industry median. Based on the distribution chart, Tecstar Technology Co ranks #1110 out of 2442 companies in the Hardware industry, which is above the industry midpoint. Overall, Tecstar Technology Co has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecstar Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Tecstar Technology Co ranks #1110 out of 2442 companies for Days Payable. This puts Tecstar Technology Co in the upper half of its industry. The industry median Days Payable is 69.89. Tecstar Technology Co's value of 81.92 is 17.2% above this benchmark. Historically, Tecstar Technology Co's own Days Payable has ranged from 41.40 to 80.16 over the past decade. While the company's 10-year median is 49.00 vs. the industry median of 69.89, Tecstar Technology Co 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 69.89, based on 2,442 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. Tecstar Technology Co's current Days Payable of 81.92 is 17.2% 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 Tecstar Technology Co 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. Tecstar Technology Co's current Days Payable is 81.92, which is 67% above median its own 10-year median of 49.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecstar Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tecstar Technology Co (ROCO:3117) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.80, compared to a current price of NT$27.80 — trading 379.3% above its estimated fair value. The current Days Payable is 81.92, which is 67% above median its 10-year median of 49.00 and 17.2% above the Hardware industry median of 69.89. Tecstar Technology Co's overall GF Score™ is 28/100 with 3 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 Tecstar Technology Co (ROCO:3117), the current Days Payable is 81.92 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 Tecstar Technology Co (ROCO:3117) Overvalued in 2026?
Based on GuruFocus' analysis, Tecstar Technology Co stock appears to be overvalued.
The current stock price of NT$27.80 is trading 379.3% above its estimated GF Value™ of NT$5.80.
GuruFocus considers Tecstar Technology Co to be Significantly Overvalued.
Key valuation signals for ROCO:3117:
Days Payable: 81.92 (67% above median its 10-year median of 49.00)
GF Value™: NT$5.80 vs. price of NT$27.80 (379.3% above fair value)
Industry Position: 17.2% above the Hardware median (#1110 of 2442)
No single metric tells the full story. See the ROCO:3117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tecstar Technology Co Ltd is engaged in the production and distribution of multilayer chips and iron cores in Taiwan. It offers multilayer chip beads and inductors, SMD power inductors and EMI beads, and Ni-Zn soft ferrite cores.
28GF Score
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