Grand Process Technology (ROCO:3131) Days Payable: 72.30 (As of Dec. 2025) — 25% Below Median

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ROCO:3131 Grand Process Technology Corp ROCO:3131
81 GF Score
Price NT$2,930.00
GF Value NT$1,905.18
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Grand Process Technology Days Payable?

Grand Process Technology ROCO:3131 -9.98% 81 Days Payable is 72.30 as of Dec. 2025, which is 25% below its 10-year median of 96.78. GuruFocus rates ROCO:3131 with a GF Score™ of 81/100 and a GF Value™ of NT$1,905.18 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 999 Semiconductors companies, Grand Process Technology ranks better than 78.08% on this metric.

Grand Process Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$986 Mil. Grand Process Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,245 Mil. Hence, Grand Process Technology's Days Payable for the three months ended in Dec. 2025 was 72.30.

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

ROCO:3131' s Days Payable Range Over the Past 10 Years
Min: 87.9   Med: 96.78   Max: 130.4
Current: 103.1

During the past 13 years, Grand Process Technology's highest Days Payable was 130.40. The lowest was 87.90. And the median was 96.78.

ROCO:3131's Days Payable is ranked better than
78.08% of 999 companies
in the Semiconductors industry
Industry Median: 53.16 vs ROCO:3131: 103.10

Grand Process Technology's Days Payable declined from Dec. 2024 (124.45) to Dec. 2025 (72.30). It may suggest that Grand Process Technology accelerated paying its suppliers.


Grand Process Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Grand Process 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.

Grand Process Technology Days Payable Chart

Grand Process 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 97.44 101.53 87.90 130.40 105.20

Grand Process 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 124.45 151.08 109.89 96.91 72.30

ROCO:3131 vs AMAT, LRCX, KLAC: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, Grand Process 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.


Grand Process Technology Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Grand Process Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Grand Process Technology's Days Payable falls into.


ROCO:3131
81GF Score
Grand Process Technology Corp ROCO:3131
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Grand Process 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.

Grand Process 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
=( (1107.876 + 1101.647) / 2 ) / 3833.055*365
=1104.7615 / 3833.055*365
=105.20

Grand Process 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
=( (870.904 + 1101.647) / 2 ) / 1244.823*365 / 4
=986.2755 / 1244.823*365 / 4
=72.30

* 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 72.30 mean?
Grand Process Technology (ROCO:3131) has a Days Payable of 72.30 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 Grand Process Technology and its competitors. This is 25% below median its historical median of 96.78. Over the past decade, Grand Process Technology's Days Payable has ranged from 87.90 to 130.40. According to the industry distribution chart, Grand Process Technology ranks #219 out of 999 companies in the Semiconductors industry, placing it in the top 21.9%.
Is Grand Process Technology's Days Payable too high?
Grand Process Technology's current Days Payable of 72.30 is 25% below median its 10-year median of 96.78. Over the past 10 years, this metric has ranged from a low of 87.90 to a high of 130.40. The Semiconductors industry median Days Payable is 53.16. Grand Process Technology's value of 72.30 is 36% above this industry median. Based on the distribution chart, Grand Process Technology ranks #219 out of 999 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Process Technology has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Process Technology's Days Payable compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Grand Process Technology ranks #219 out of 999 companies for Days Payable. This places Grand Process Technology in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 53.16. Grand Process Technology's value of 72.30 is 36% above this benchmark. Historically, Grand Process Technology's own Days Payable has ranged from 87.90 to 130.40 over the past decade. While the company's 10-year median is 96.78 vs. the industry median of 53.16, Grand Process Technology 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.16, based on 999 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. Grand Process Technology's current Days Payable of 72.30 is 36% 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 Grand Process Technology and its competitors. For the Semiconductors industry, the median Days Payable is 53.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Process Technology's current Days Payable is 72.30, which is 25% below median its own 10-year median of 96.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Process Technology stock overvalued right now?
Based on GuruFocus' analysis, Grand Process Technology (ROCO:3131) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,905.18, compared to a current price of NT$2,930.00 — trading 53.8% above its estimated fair value. The current Days Payable is 72.30, which is 25% below median its 10-year median of 96.78 and 36% above the Semiconductors industry median of 53.16. Grand Process Technology's overall GF Score™ is 81/100 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 Grand Process Technology (ROCO:3131), the current Days Payable is 72.30 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 Grand Process Technology (ROCO:3131) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Process Technology stock appears to be overvalued. The current stock price of NT$2,930.00 is trading 53.8% above its estimated GF Value™ of NT$1,905.18. GuruFocus considers Grand Process Technology to be Significantly Overvalued.

Key valuation signals for ROCO:3131:

  • Days Payable: 72.30 (25% below median its 10-year median of 96.78)
  • GF Value™: NT$1,905.18 vs. price of NT$2,930.00 (53.8% above fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 36% above the Semiconductors median (#219 of 999)

No single metric tells the full story. See the ROCO:3131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Process Technology Business Description

Address No.89, Sec. 6, Zhonghua Road, Xiangshan District, Hsinchu, TWN, 300104
Grand Process Technology Corp operates in semiconductor wet processing equipment industry. The company provides wet process system integration for wafer level package such as wet station, glass slimming machine, flux clean, scrubber, single wafer processors, mask cleaner and others. It also manufactures electrical components and installs semiconductor relative machines.
81GF Score

Get the complete analysis for ROCO:3131

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

NT$2,930.00
Price
NT$1,905.18
GF Value