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Argosy ResearchROCO:3217 -4.84%91 Days Payable is 45.01 as of Dec. 2025, which is 0% below its 10-year median of 45.21. GuruFocus rates ROCO:3217 with a GF Score™ of 91/100 and a GF Value™ of NT$202.57 (Modestly Undervalued). Among 2,443 Hardware companies, Argosy Research ranks worse than 76.59% on this metric.
The historical rank and industry rank for Argosy Research's Days Payable or its related term are showing as below:
ROCO:3217'
s Days Payable Range Over the Past 10 Years
Min: 35.86 Med: 45.21 Max: 57.64
Current: 40.61
During the past 13 years, Argosy Research's highest Days Payable was 57.64. The lowest was 35.86. And the median was 45.21.
ROCO:3217's Days Payable is ranked worse than 76.59% of 2443
companies
in the Hardware industry
Industry Median: 69.89
vs ROCO:3217: 40.61
Argosy Research's Days Payable
increased
from Dec. 2024 (43.68) to Dec. 2025 (45.01).
It may suggest that Argosy Researchdelayed paying its suppliers.
Argosy Research Days Payable Related Terms
Argosy Research Days Payable Historical Data
* Premium members only.
The historical data trend for Argosy Research'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, Argosy Research'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.
Argosy Research Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, Argosy Research's Days Payable distribution charts can be found below:
* The bar in red indicates where Argosy Research'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.
Argosy Research'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.
Argosy Research (ROCO:3217) has a Days Payable of 45.01 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 Argosy Research and its competitors. This is near median its historical median of 45.21. Over the past decade, Argosy Research's Days Payable has ranged from 35.86 to 57.64. According to the industry distribution chart, Argosy Research ranks #1871 out of 2443 companies in the Hardware industry, placing it in the top 76.6%.
Is Argosy Research's Days Payable too high?
Argosy Research's current Days Payable of 45.01 is near median its 10-year median of 45.21. Over the past 10 years, this metric has ranged from a low of 35.86 to a high of 57.64. The Hardware industry median Days Payable is 69.89. Argosy Research's value of 45.01 is 35.6% below this industry median. Based on the distribution chart, Argosy Research ranks #1871 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Argosy Research has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Argosy Research's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Argosy Research ranks #1871 out of 2443 companies for Days Payable. This places Argosy Research in the lower half of its industry. The industry median Days Payable is 69.89. Argosy Research's value of 45.01 is 35.6% below this benchmark. Historically, Argosy Research's own Days Payable has ranged from 35.86 to 57.64 over the past decade. While the company's 10-year median is 45.21 vs. the industry median of 69.89, Argosy Research 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 2,443 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. Argosy Research's current Days Payable of 45.01 is 35.6% 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 Argosy Research 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. Argosy Research's current Days Payable is 45.01, which is near median its own 10-year median of 45.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Research stock overvalued right now?
Based on GuruFocus' analysis, Argosy Research (ROCO:3217) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$202.57, compared to a current price of NT$147.50 — trading 27.2% below its estimated fair value. The current Days Payable is 45.01, which is near median its 10-year median of 45.21 and 35.6% below the Hardware industry median of 69.89. Argosy Research's overall GF Score™ is 91/100. 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 Argosy Research (ROCO:3217), the current Days Payable is 45.01 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 Argosy Research (ROCO:3217) Overvalued in 2026?
Based on GuruFocus' analysis, Argosy Research stock appears to be undervalued.
The current stock price of NT$147.50 is trading 27.2% below its estimated GF Value™ of NT$202.57.
GuruFocus considers Argosy Research to be Modestly Undervalued.
Key valuation signals for ROCO:3217:
Days Payable: 45.01 (near median its 10-year median of 45.21)
GF Value™: NT$202.57 vs. price of NT$147.50 (27.2% below fair value)
Industry Position: 35.6% below the Hardware median (#1871 of 2443)
No single metric tells the full story. See the ROCO:3217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argosy Research Inc is engaged in the manufacture and sale of electronic components and electronic connectors as its main business item. It has developed the following electronics connector categories: USB3.1 Type-C, DDR3/4/5(SO-DIMM & Long DIMM), M.2(NGFF), Mini PCIe, LVDS, RF Coaxial, Battery, and Injection/Molding Parts (Housing) in various and customizable specifications and products, among others. Geographically, the company generates a majority of its revenue from Asia and the rest from the Americas and other regions.
91GF Score
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