Ability Opto-Electronics Technology Co (ROCO:3362) Days Payable: 34.48 (As of Dec. 2025) — 41% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:3362 Ability Opto-Electronics Technology Co Ltd ROCO:3362
63 GF Score
Price NT$169.50
GF Value NT$185.97
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Ability Opto-Electronics Technology Co Days Payable?

Ability Opto-Electronics Technology Co ROCO:3362 -0.88% 63 Days Payable is 34.48 as of Dec. 2025, which is 41% below its 10-year median of 57.98. GuruFocus rates ROCO:3362 with a GF Score™ of 63/100 and a GF Value™ of NT$185.97 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,443 Hardware companies, Ability Opto-Electronics Technology Co ranks worse than 84.49% on this metric.

Ability Opto-Electronics Technology Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$337 Mil. Ability Opto-Electronics Technology Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$892 Mil. Hence, Ability Opto-Electronics Technology Co's Days Payable for the three months ended in Dec. 2025 was 34.48.

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

ROCO:3362' s Days Payable Range Over the Past 10 Years
Min: 32.77   Med: 57.98   Max: 69.05
Current: 32.77

During the past 13 years, Ability Opto-Electronics Technology Co's highest Days Payable was 69.05. The lowest was 32.77. And the median was 57.98.

ROCO:3362's Days Payable is ranked worse than
84.49% of 2443 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:3362: 32.77

Ability Opto-Electronics Technology Co's Days Payable declined from Dec. 2024 (37.27) to Dec. 2025 (34.48). It may suggest that Ability Opto-Electronics Technology Co accelerated paying its suppliers.


Ability Opto-Electronics Technology Co Days Payable Related Terms


Ability Opto-Electronics Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Ability Opto-Electronics 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.

Ability Opto-Electronics Technology Co Days Payable Chart

Ability Opto-Electronics 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 65.83 65.89 48.86 42.83 35.31

Ability Opto-Electronics 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 37.27 36.45 28.91 29.27 34.48

ROCO:3362 vs APH, GLW: Days Payable Comparison

For the Electronic Components subindustry, Ability Opto-Electronics 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.


Ability Opto-Electronics Technology Co Days Payable vs Hardware Industry

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

* The bar in red indicates where Ability Opto-Electronics Technology Co's Days Payable falls into.


ROCO:3362
63GF Score
Ability Opto-Electronics Technology Co Ltd ROCO:3362
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ability Opto-Electronics 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.

Ability Opto-Electronics 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
=( (359.741 + 316.91) / 2 ) / 3497.42*365
=338.3255 / 3497.42*365
=35.31

Ability Opto-Electronics 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
=( (356.842 + 316.91) / 2 ) / 891.597*365 / 4
=336.876 / 891.597*365 / 4
=34.48

* 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 34.48 mean?
Ability Opto-Electronics Technology Co (ROCO:3362) has a Days Payable of 34.48 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 Ability Opto-Electronics Technology Co and its competitors. This is 41% below median its historical median of 57.98. Over the past decade, Ability Opto-Electronics Technology Co's Days Payable has ranged from 32.77 to 69.05. According to the industry distribution chart, Ability Opto-Electronics Technology Co ranks #2064 out of 2443 companies in the Hardware industry, placing it in the top 84.5%.
Is Ability Opto-Electronics Technology Co's Days Payable too high?
Ability Opto-Electronics Technology Co's current Days Payable of 34.48 is 41% below median its 10-year median of 57.98. Over the past 10 years, this metric has ranged from a low of 32.77 to a high of 69.05. The Hardware industry median Days Payable is 69.89. Ability Opto-Electronics Technology Co's value of 34.48 is 50.7% below this industry median. Based on the distribution chart, Ability Opto-Electronics Technology Co ranks #2064 out of 2443 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ability Opto-Electronics Technology Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ability Opto-Electronics Technology Co's Days Payable compare to APH and GLW?
According to the Hardware industry distribution chart, Ability Opto-Electronics Technology Co ranks #2064 out of 2443 companies for Days Payable. This places Ability Opto-Electronics Technology Co in the lower half of its industry. The industry median Days Payable is 69.89. Ability Opto-Electronics Technology Co's value of 34.48 is 50.7% below this benchmark. Historically, Ability Opto-Electronics Technology Co's own Days Payable has ranged from 32.77 to 69.05 over the past decade. While the company's 10-year median is 57.98 vs. the industry median of 69.89, Ability Opto-Electronics 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 2,443 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. Ability Opto-Electronics Technology Co's current Days Payable of 34.48 is 50.7% 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 Ability Opto-Electronics 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. Ability Opto-Electronics Technology Co's current Days Payable is 34.48, which is 41% below median its own 10-year median of 57.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ability Opto-Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ability Opto-Electronics Technology Co (ROCO:3362) is currently considered Fairly Valued. The stock's GF Value™ is NT$185.97, compared to a current price of NT$169.50 — trading 8.9% below its estimated fair value. The current Days Payable is 34.48, which is 41% below median its 10-year median of 57.98 and 50.7% below the Hardware industry median of 69.89. Ability Opto-Electronics Technology Co's overall GF Score™ is 63/100 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 Ability Opto-Electronics Technology Co (ROCO:3362), the current Days Payable is 34.48 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 Ability Opto-Electronics Technology Co (ROCO:3362) Overvalued in 2026?

Based on GuruFocus' analysis, Ability Opto-Electronics Technology Co stock appears to be undervalued. The current stock price of NT$169.50 is trading 8.9% below its estimated GF Value™ of NT$185.97. GuruFocus considers Ability Opto-Electronics Technology Co to be Fairly Valued.

Key valuation signals for ROCO:3362:

  • Days Payable: 34.48 (41% below median its 10-year median of 57.98)
  • GF Value™: NT$185.97 vs. price of NT$169.50 (8.9% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 50.7% below the Hardware median (#2064 of 2443)

No single metric tells the full story. See the ROCO:3362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ability Opto-Electronics Technology Co Business Description

Address No.14, Keyuan 1st Road, Xitun District, Daya Township, Taichung, TWN, 407
Ability Opto-Electronics Technology Co Ltd is engaged in the research & development, and manufacturing of professional optical lenses. The company designs and manufactures lenses for scanners, projectors, digital cameras, multi-function printers, mobile phones, digital video recorders, multi-function printers, cell phone cameras, laptops, tablets, IP cameras, monitors, automotive lenses, and others. The reportable segments of the company are; the Optical segment which derives key revenue, and the Electronic components segment. Geographically, it derives maximum revenue from Mainland China and the rest from Taiwan, and other countries.
63GF Score

Get the complete analysis for ROCO:3362

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

NT$169.50
Price
NT$185.97
GF Value