Good Way Technology Co (ROCO:3272) Days Payable: 102.66 (As of Dec. 2025) — Near Median

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ROCO:3272 Good Way Technology Co Ltd ROCO:3272
48 GF Score
Price NT$15.40
GF Value NT$22.34
Valuation Possible Value Trap
! 7 Warning Signs
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What is Good Way Technology Co Days Payable?

Good Way Technology Co ROCO:3272 +0.33% 48 Days Payable is 102.66 as of Dec. 2025, which is 6% below its 10-year median of 109.72. GuruFocus rates ROCO:3272 with a GF Score™ of 48/100 and a GF Value™ of NT$22.34 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,443 Hardware companies, Good Way Technology Co ranks better than 69.83% on this metric.

Good Way Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$768 Mil. Good Way Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$682 Mil. Hence, Good Way Technology Co's Days Payable for the three months ended in Dec. 2025 was 102.66.

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

ROCO:3272' s Days Payable Range Over the Past 10 Years
Min: 90.83   Med: 109.72   Max: 147.02
Current: 103.75

During the past 13 years, Good Way Technology Co's highest Days Payable was 147.02. The lowest was 90.83. And the median was 109.72.

ROCO:3272's Days Payable is ranked better than
69.83% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:3272: 103.75

Good Way Technology Co's Days Payable increased from Dec. 2024 (98.32) to Dec. 2025 (102.66). It may suggest that Good Way Technology Co delayed paying its suppliers.


Good Way Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Good Way 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.

Good Way Technology Co Days Payable Chart

Good Way 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 124.37 105.94 147.02 90.83 101.84

Good Way 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 98.32 111.16 100.61 103.02 102.66

ROCO:3272 vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Good Way 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.


Good Way Technology Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Good Way Technology Co's Days Payable distribution charts can be found below:

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


ROCO:3272
48GF Score
Good Way Technology Co Ltd ROCO:3272
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Way 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.

Good Way 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
=( (706.769 + 798.083) / 2 ) / 2696.706*365
=752.426 / 2696.706*365
=101.84

Good Way 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
=( (737.352 + 798.083) / 2 ) / 682.381*365 / 4
=767.7175 / 682.381*365 / 4
=102.66

* 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 102.66 mean?
Good Way Technology Co (ROCO:3272) has a Days Payable of 102.66 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 Good Way Technology Co and its competitors. This is near median its historical median of 109.72. Over the past decade, Good Way Technology Co's Days Payable has ranged from 90.83 to 147.02. According to the industry distribution chart, Good Way Technology Co ranks #737 out of 2443 companies in the Hardware industry, placing it in the top 30.2%.
Is Good Way Technology Co's Days Payable too high?
Good Way Technology Co's current Days Payable of 102.66 is near median its 10-year median of 109.72. Over the past 10 years, this metric has ranged from a low of 90.83 to a high of 147.02. The Hardware industry median Days Payable is 69.89. Good Way Technology Co's value of 102.66 is 46.9% above this industry median. Based on the distribution chart, Good Way Technology Co ranks #737 out of 2443 companies in the Hardware industry, which is above the industry midpoint. Overall, Good Way Technology Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Good Way Technology Co's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Good Way Technology Co ranks #737 out of 2443 companies for Days Payable. This puts Good Way Technology Co in the upper half of its industry. The industry median Days Payable is 69.89. Good Way Technology Co's value of 102.66 is 46.9% above this benchmark. Historically, Good Way Technology Co's own Days Payable has ranged from 90.83 to 147.02 over the past decade. While the company's 10-year median is 109.72 vs. the industry median of 69.89, Good Way 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 2,443 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. Good Way Technology Co's current Days Payable of 102.66 is 46.9% 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 Good Way 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. Good Way Technology Co's current Days Payable is 102.66, which is near median its own 10-year median of 109.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Way Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Good Way Technology Co (ROCO:3272) is currently considered Possible Value Trap. The stock's GF Value™ is NT$22.34, compared to a current price of NT$15.40 — trading 31.1% below its estimated fair value. The current Days Payable is 102.66, which is near median its 10-year median of 109.72 and 46.9% above the Hardware industry median of 69.89. Good Way Technology Co's overall GF Score™ is 48/100 with 7 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 Good Way Technology Co (ROCO:3272), the current Days Payable is 102.66 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 Good Way Technology Co (ROCO:3272) Overvalued in 2026?

Based on GuruFocus' analysis, Good Way Technology Co stock appears to be undervalued. The current stock price of NT$15.40 is trading 31.1% below its estimated GF Value™ of NT$22.34. GuruFocus considers Good Way Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3272:

  • Days Payable: 102.66 (near median its 10-year median of 109.72)
  • GF Value™: NT$22.34 vs. price of NT$15.40 (31.1% below fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 46.9% above the Hardware median (#737 of 2443)

No single metric tells the full story. See the ROCO:3272 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Way Technology Co Business Description

Address No. 135, Lane. 235, Baociao Road, 3rd Floor, Sindian District, New Taipei City, TWN, 231
Good Way Technology Co Ltd is engaged in the manufacture of computers and USB peripherals products, multifunctional docking stations, video and audio converters, wireless peripherals products, Internet of Things application products, design, research, and development of software and import and export business of related materials of products. Geographically, it operates into segments: Taiwan, America, Asia, and Others. It derives maximum revenue from Taiwan.
48GF Score

Get the complete analysis for ROCO:3272

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

NT$15.40
Price
NT$22.34
GF Value