Advanced Ceramic X (ROCO:3152) Days Payable: 23.27 (As of Dec. 2025) — Near Median

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ROCO:3152 Advanced Ceramic X Corp ROCO:3152
76 GF Score
Price NT$258.00
GF Value NT$277.09
Valuation Fairly Valued
! 6 Warning Signs
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What is Advanced Ceramic X Days Payable?

Advanced Ceramic X ROCO:3152 -1.53% 76 Days Payable is 23.27 as of Dec. 2025, which is 0% above its 10-year median of 23.26. GuruFocus rates ROCO:3152 with a GF Score™ of 76/100 and a GF Value™ of NT$277.09 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,445 Hardware companies, Advanced Ceramic X ranks worse than 91.98% on this metric.

Advanced Ceramic X's average Accounts Payable for the three months ended in Dec. 2025 was NT$49 Mil. Advanced Ceramic X's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$193 Mil. Hence, Advanced Ceramic X's Days Payable for the three months ended in Dec. 2025 was 23.27.

The historical rank and industry rank for Advanced Ceramic X's Days Payable or its related term are showing as below:

ROCO:3152' s Days Payable Range Over the Past 10 Years
Min: 12.3   Med: 23.26   Max: 32.86
Current: 22.84

During the past 13 years, Advanced Ceramic X's highest Days Payable was 32.86. The lowest was 12.30. And the median was 23.26.

ROCO:3152's Days Payable is ranked worse than
91.98% of 2445 companies
in the Hardware industry
Industry Median: 70.06 vs ROCO:3152: 22.84

Advanced Ceramic X's Days Payable increased from Dec. 2024 (18.45) to Dec. 2025 (23.27). It may suggest that Advanced Ceramic X delayed paying its suppliers.


Advanced Ceramic X Days Payable Historical Data

* Premium members only.

The historical data trend for Advanced Ceramic X'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.

Advanced Ceramic X Days Payable Chart

Advanced Ceramic X 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 21.70 12.30 17.90 22.72 21.79

Advanced Ceramic X 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 18.45 26.27 22.54 20.18 23.27

ROCO:3152 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Advanced Ceramic X'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.


Advanced Ceramic X Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Advanced Ceramic X's Days Payable distribution charts can be found below:

* The bar in red indicates where Advanced Ceramic X's Days Payable falls into.


ROCO:3152
76GF Score
Advanced Ceramic X Corp ROCO:3152
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Advanced Ceramic X 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.

Advanced Ceramic X'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
=( (55.929 + 41.15) / 2 ) / 813.219*365
=48.5395 / 813.219*365
=21.79

Advanced Ceramic X'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
=( (57.27 + 41.15) / 2 ) / 193.006*365 / 4
=49.21 / 193.006*365 / 4
=23.27

* 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 23.27 mean?
Advanced Ceramic X (ROCO:3152) has a Days Payable of 23.27 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 Advanced Ceramic X and its competitors. This is near median its historical median of 23.26. Over the past decade, Advanced Ceramic X's Days Payable has ranged from 12.30 to 32.86. According to the industry distribution chart, Advanced Ceramic X ranks #2249 out of 2445 companies in the Hardware industry, placing it in the top 92%.
Is Advanced Ceramic X's Days Payable too high?
Advanced Ceramic X's current Days Payable of 23.27 is near median its 10-year median of 23.26. Over the past 10 years, this metric has ranged from a low of 12.30 to a high of 32.86. The Hardware industry median Days Payable is 70.06. Advanced Ceramic X's value of 23.27 is 66.8% below this industry median. Based on the distribution chart, Advanced Ceramic X ranks #2249 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Advanced Ceramic X has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advanced Ceramic X's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Advanced Ceramic X ranks #2249 out of 2445 companies for Days Payable. This places Advanced Ceramic X in the lower half of its industry. The industry median Days Payable is 70.06. Advanced Ceramic X's value of 23.27 is 66.8% below this benchmark. Historically, Advanced Ceramic X's own Days Payable has ranged from 12.30 to 32.86 over the past decade. While the company's 10-year median is 23.26 vs. the industry median of 70.06, Advanced Ceramic X 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 70.06, based on 2,445 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. Advanced Ceramic X's current Days Payable of 23.27 is 66.8% 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 Advanced Ceramic X and its competitors. For the Hardware industry, the median Days Payable is 70.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Ceramic X's current Days Payable is 23.27, which is near median its own 10-year median of 23.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Ceramic X stock overvalued right now?
Based on GuruFocus' analysis, Advanced Ceramic X (ROCO:3152) is currently considered Fairly Valued. The stock's GF Value™ is NT$277.09, compared to a current price of NT$258.00 — trading 6.9% below its estimated fair value. The current Days Payable is 23.27, which is near median its 10-year median of 23.26 and 66.8% below the Hardware industry median of 70.06. Advanced Ceramic X's overall GF Score™ is 76/100 with 6 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 Advanced Ceramic X (ROCO:3152), the current Days Payable is 23.27 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 Advanced Ceramic X (ROCO:3152) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Ceramic X stock appears to be undervalued. The current stock price of NT$258.00 is trading 6.9% below its estimated GF Value™ of NT$277.09. GuruFocus considers Advanced Ceramic X to be Fairly Valued.

Key valuation signals for ROCO:3152:

  • Days Payable: 23.27 (near median its 10-year median of 23.26)
  • GF Value™: NT$277.09 vs. price of NT$258.00 (6.9% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 66.8% below the Hardware median (#2249 of 2445)

No single metric tells the full story. See the ROCO:3152 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Ceramic X Business Description

Address No.165, Hanyang Road, Hsinchu Industrial District, Hsinchu Hsien, TWN, 30350
Advanced Ceramic X Corp manufactures high-frequency chip ceramic components and high-frequency components and modules for wireless communication. The business activities of the company are the design, manufacture and sale of RF front-end devices and modules for application in wireless communication. Its products include Antennas, Balun-Filters, Baluns, Coupler-Filters, Couplers, Band Pass Filters, Filter Arrays, High and Low Pass Filters, Diplexers, Saw-Triplexers, Triplexers, Power Dividers, FEM Series and High-Frequency Inductors. Geographically, it derives a majority of its revenue from China and also has a presence in the United States, Taiwan, Hong Kong, and Other Countries.
76GF Score

Get the complete analysis for ROCO:3152

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

NT$258.00
Price
NT$277.09
GF Value