Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
RoyalTek CoROCO:3306 -0.33%72 Days Payable is 72.08 as of Jun. 2026, which is 9% above its 10-year median of 66.30. GuruFocus rates ROCO:3306 with a GF Score™ of 72/100 and a GF Value™ of NT$48.64 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,440 Hardware companies, RoyalTek Co ranks better than 60.78% on this metric.
RoyalTek Co's average Accounts Payable for the
three
months ended in Jun. 2026 was NT$182 Mil. RoyalTek Co's Cost of Goods Sold for the
three
months ended in Jun. 2026 was NT$231 Mil.
Hence, RoyalTek Co's Days Payable for the
three
months ended in Jun. 2026 was 72.08.
The historical rank and industry rank for RoyalTek Co's Days Payable or its related term are showing as below:
ROCO:3306'
s Days Payable Range Over the Past 10 Years
Min: 43.16 Med: 66.3 Max: 86.29
Current: 86.29
During the past 13 years, RoyalTek Co's highest Days Payable was 86.29. The lowest was 43.16. And the median was 66.30.
ROCO:3306's Days Payable is ranked better than 60.78% of 2440
companies
in the Hardware industry
Industry Median: 70.08
vs ROCO:3306: 86.29
RoyalTek Co's Days Payable
declined
from Jun. 2025 (75.37) to Jun. 2026 (72.08).
It may suggest that RoyalTek Coaccelerated paying its suppliers.
The historical data trend for RoyalTek 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.
ROCO:3306 vs COHR, KEYS, GRMN: Days Payable Comparison
For the Scientific & Technical Instruments subindustry, RoyalTek 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.
RoyalTek Co Days Payable vs Hardware Industry
For the Hardware industry and Technology sector, RoyalTek Co's Days Payable distribution charts can be found below:
* The bar in red indicates where RoyalTek 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.
RoyalTek 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.
RoyalTek Co (ROCO:3306) has a Days Payable of 72.08 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RoyalTek Co and its competitors. This is near median its historical median of 66.30. Over the past decade, RoyalTek Co's Days Payable has ranged from 43.16 to 86.29. According to the industry distribution chart, RoyalTek Co ranks #957 out of 2440 companies in the Hardware industry, placing it in the top 39.2%.
Is RoyalTek Co's Days Payable too high?
RoyalTek Co's current Days Payable of 72.08 is near median its 10-year median of 66.30. Over the past 10 years, this metric has ranged from a low of 43.16 to a high of 86.29. The Hardware industry median Days Payable is 70.08. RoyalTek Co's value of 72.08 is 2.9% above this industry median. Based on the distribution chart, RoyalTek Co ranks #957 out of 2440 companies in the Hardware industry, which is above the industry midpoint. Overall, RoyalTek Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RoyalTek Co's Days Payable compare to COHR and KEYS?
According to the Hardware industry distribution chart, RoyalTek Co ranks #957 out of 2440 companies for Days Payable. This puts RoyalTek Co in the upper half of its industry. The industry median Days Payable is 70.08. RoyalTek Co's value of 72.08 is 2.9% above this benchmark. Historically, RoyalTek Co's own Days Payable has ranged from 43.16 to 86.29 over the past decade. While the company's 10-year median is 66.30 vs. the industry median of 70.08, RoyalTek 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 70.08, based on 2,440 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. RoyalTek Co's current Days Payable of 72.08 is 2.9% 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 RoyalTek Co and its competitors. For the Hardware industry, the median Days Payable is 70.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RoyalTek Co's current Days Payable is 72.08, which is near median its own 10-year median of 66.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RoyalTek Co stock overvalued right now?
Based on GuruFocus' analysis, RoyalTek Co (ROCO:3306) is currently considered Fairly Valued. The stock's GF Value™ is NT$48.64, compared to a current price of NT$44.70 — trading 8.1% below its estimated fair value. The current Days Payable is 72.08, which is near median its 10-year median of 66.30 and 2.9% above the Hardware industry median of 70.08. RoyalTek Co's overall GF Score™ is 72/100 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 RoyalTek Co (ROCO:3306), the current Days Payable is 72.08 as of Jun. 2026. 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 RoyalTek Co (ROCO:3306) Overvalued in 2026?
Based on GuruFocus' analysis, RoyalTek Co stock appears to be undervalued.
The current stock price of NT$44.70 is trading 8.1% below its estimated GF Value™ of NT$48.64.
GuruFocus considers RoyalTek Co to be Fairly Valued.
Key valuation signals for ROCO:3306:
Days Payable: 72.08 (near median its 10-year median of 66.30)
GF Value™: NT$48.64 vs. price of NT$44.70 (8.1% below fair value)
Industry Position: 2.9% above the Hardware median (#957 of 2440)
No single metric tells the full story. See the ROCO:3306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RoyalTek Co Ltd is a Taiwan-based company engages in the production and distribution of global positioning system (GPS) products. It offers audio video navigation system (AVN), portable navigation device (PND), advanced driving assistance system (ADAS), driving video recorder (DVR), electronic accessories for automobiles and engine board for GPS.
72GF Score
Get the complete analysis for ROCO:3306
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3306 has been successfully added to your 
