Microcosm Technology Co (ROCO:3354) Days Payable: 11.82 (As of Dec. 2025) — 48% Below Median

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ROCO:3354 Microcosm Technology Co Ltd ROCO:3354
49 GF Score
Price NT$21.80
GF Value NT$14.06
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Microcosm Technology Co Days Payable?

Microcosm Technology Co ROCO:3354 -2.90% 49 Days Payable is 11.82 as of Dec. 2025, which is 48% below its 10-year median of 22.52. GuruFocus rates ROCO:3354 with a GF Score™ of 49/100 and a GF Value™ of NT$14.06 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,441 Hardware companies, Microcosm Technology Co ranks worse than 97.46% on this metric.

Microcosm Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$2.50 Mil. Microcosm Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$19.30 Mil. Hence, Microcosm Technology Co's Days Payable for the three months ended in Dec. 2025 was 11.82.

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

ROCO:3354' s Days Payable Range Over the Past 10 Years
Min: 12.94   Med: 22.52   Max: 42.52
Current: 12.94

During the past 13 years, Microcosm Technology Co's highest Days Payable was 42.52. The lowest was 12.94. And the median was 22.52.

ROCO:3354's Days Payable is ranked worse than
97.46% of 2441 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:3354: 12.94

Microcosm Technology Co's Days Payable declined from Dec. 2024 (16.34) to Dec. 2025 (11.82). It may suggest that Microcosm Technology Co accelerated paying its suppliers.


Microcosm Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Microcosm 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.

Microcosm Technology Co Days Payable Chart

Microcosm 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 25.96 14.35 13.35 16.88 14.47

Microcosm 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 16.34 16.00 11.98 10.26 11.82

ROCO:3354 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Microcosm 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.


Microcosm Technology Co Days Payable vs Hardware Industry

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

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


ROCO:3354
49GF Score
Microcosm Technology Co Ltd ROCO:3354
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Microcosm 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.

Microcosm 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
=( (4.525 + 2.337) / 2 ) / 86.517*365
=3.431 / 86.517*365
=14.47

Microcosm 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
=( (2.662 + 2.337) / 2 ) / 19.302*365 / 4
=2.4995 / 19.302*365 / 4
=11.82

* 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 11.82 mean?
Microcosm Technology Co (ROCO:3354) has a Days Payable of 11.82 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 Microcosm Technology Co and its competitors. This is 48% below median its historical median of 22.52. Over the past decade, Microcosm Technology Co's Days Payable has ranged from 12.94 to 42.52. According to the industry distribution chart, Microcosm Technology Co ranks #2379 out of 2441 companies in the Hardware industry, placing it in the top 97.5%.
Is Microcosm Technology Co's Days Payable too high?
Microcosm Technology Co's current Days Payable of 11.82 is 48% below median its 10-year median of 22.52. Over the past 10 years, this metric has ranged from a low of 12.94 to a high of 42.52. The Hardware industry median Days Payable is 69.89. Microcosm Technology Co's value of 11.82 is 83.1% below this industry median. Based on the distribution chart, Microcosm Technology Co ranks #2379 out of 2441 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Microcosm Technology Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microcosm Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Microcosm Technology Co ranks #2379 out of 2441 companies for Days Payable. This places Microcosm Technology Co in the lower half of its industry. The industry median Days Payable is 69.89. Microcosm Technology Co's value of 11.82 is 83.1% below this benchmark. Historically, Microcosm Technology Co's own Days Payable has ranged from 12.94 to 42.52 over the past decade. While the company's 10-year median is 22.52 vs. the industry median of 69.89, Microcosm Technology Co 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 2,441 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. Microcosm Technology Co's current Days Payable of 11.82 is 83.1% 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 Microcosm 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. Microcosm Technology Co's current Days Payable is 11.82, which is 48% below median its own 10-year median of 22.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microcosm Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Microcosm Technology Co (ROCO:3354) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.06, compared to a current price of NT$21.80 — trading 55% above its estimated fair value. The current Days Payable is 11.82, which is 48% below median its 10-year median of 22.52 and 83.1% below the Hardware industry median of 69.89. Microcosm Technology Co's overall GF Score™ is 49/100 with 4 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 Microcosm Technology Co (ROCO:3354), the current Days Payable is 11.82 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 Microcosm Technology Co (ROCO:3354) Overvalued in 2026?

Based on GuruFocus' analysis, Microcosm Technology Co stock appears to be overvalued. The current stock price of NT$21.80 is trading 55% above its estimated GF Value™ of NT$14.06. GuruFocus considers Microcosm Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3354:

  • Days Payable: 11.82 (48% below median its 10-year median of 22.52)
  • GF Value™: NT$14.06 vs. price of NT$21.80 (55% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 83.1% below the Hardware median (#2379 of 2441)

No single metric tells the full story. See the ROCO:3354 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microcosm Technology Co Business Description

Address No.8, Nanke 9th Road, ShanHwa District, Tainan City, TWN
Microcosm Technology Co Ltd is mainly engaged in the research, development, manufacture, and sale of ultra-thin flexible printed circuit board materials, adhesive-free flexible printed circuit board materials, and film-on-chip flexible substrates. The company is also engaged in the manufacture and sale of printed circuit board materials and chip-on-film (COF) flexible printed boards. Its products include Display Materials, Semiconductor Materials, Ion Exchange Membrane, and FPCB/PCB Materials.
49GF Score

Get the complete analysis for ROCO:3354

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

NT$21.80
Price
NT$14.06
GF Value