New Advanced Electronics Technologies Co (ROCO:3465) Days Payable: 60.65 (As of Jun. 2026) — 10% 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:3465 New Advanced Electronics Technologies Co Ltd ROCO:3465
53 GF Score
Price NT$29.25
GF Value NT$68.14
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is New Advanced Electronics Technologies Co Days Payable?

New Advanced Electronics Technologies Co ROCO:3465 -0.51% 53 Days Payable is 60.65 as of Jun. 2026, which is 10% below its 10-year median of 67.31. GuruFocus rates ROCO:3465 with a GF Score™ of 53/100 and a GF Value™ of NT$68.14 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 2,440 Hardware companies, New Advanced Electronics Technologies Co ranks worse than 58.11% on this metric.

New Advanced Electronics Technologies Co's average Accounts Payable for the three months ended in Jun. 2026 was NT$345 Mil. New Advanced Electronics Technologies Co's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$519 Mil. Hence, New Advanced Electronics Technologies Co's Days Payable for the three months ended in Jun. 2026 was 60.65.

The historical rank and industry rank for New Advanced Electronics Technologies Co's Days Payable or its related term are showing as below:

ROCO:3465' s Days Payable Range Over the Past 10 Years
Min: 30.46   Med: 67.31   Max: 132.95
Current: 61.26

During the past 13 years, New Advanced Electronics Technologies Co's highest Days Payable was 132.95. The lowest was 30.46. And the median was 67.31.

ROCO:3465's Days Payable is ranked worse than
58.11% of 2440 companies
in the Hardware industry
Industry Median: 70.08 vs ROCO:3465: 61.26

New Advanced Electronics Technologies Co's Days Payable declined from Jun. 2025 (63.35) to Jun. 2026 (60.65). It may suggest that New Advanced Electronics Technologies Co accelerated paying its suppliers.


New Advanced Electronics Technologies Co Days Payable Related Terms


New Advanced Electronics Technologies Co Days Payable Historical Data

* Premium members only.

The historical data trend for New Advanced Electronics Technologies 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.

New Advanced Electronics Technologies Co Days Payable Chart

New Advanced Electronics Technologies 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 30.46 67.31 43.97 48.31 50.47

New Advanced Electronics Technologies Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 63.35 46.42 63.36 66.72 60.65

ROCO:3465 vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, New Advanced Electronics Technologies 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.


New Advanced Electronics Technologies Co Days Payable vs Hardware Industry

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

* The bar in red indicates where New Advanced Electronics Technologies Co's Days Payable falls into.


ROCO:3465
53GF Score
New Advanced Electronics Technologies Co Ltd ROCO:3465
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Advanced Electronics Technologies 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.

New Advanced Electronics Technologies 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
=( (197.106 + 174.161) / 2 ) / 1342.419*365
=185.6335 / 1342.419*365
=50.47

New Advanced Electronics Technologies Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (289.591 + 400.985) / 2 ) / 519.493*365 / 4
=345.288 / 519.493*365 / 4
=60.65

* 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 60.65 mean?
New Advanced Electronics Technologies Co (ROCO:3465) has a Days Payable of 60.65 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 New Advanced Electronics Technologies Co and its competitors. This is 10% below median its historical median of 67.31. Over the past decade, New Advanced Electronics Technologies Co's Days Payable has ranged from 30.46 to 132.95. According to the industry distribution chart, New Advanced Electronics Technologies Co ranks #1418 out of 2440 companies in the Hardware industry, placing it in the top 58.1%.
Is New Advanced Electronics Technologies Co's Days Payable too high?
New Advanced Electronics Technologies Co's current Days Payable of 60.65 is 10% below median its 10-year median of 67.31. Over the past 10 years, this metric has ranged from a low of 30.46 to a high of 132.95. The Hardware industry median Days Payable is 70.08. New Advanced Electronics Technologies Co's value of 60.65 is 13.5% below this industry median. Based on the distribution chart, New Advanced Electronics Technologies Co ranks #1418 out of 2440 companies in the Hardware industry, which is below the industry midpoint. Overall, New Advanced Electronics Technologies Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Advanced Electronics Technologies Co's Days Payable compare to AAPL?
According to the Hardware industry distribution chart, New Advanced Electronics Technologies Co ranks #1418 out of 2440 companies for Days Payable. This places New Advanced Electronics Technologies Co in the lower half of its industry. The industry median Days Payable is 70.08. New Advanced Electronics Technologies Co's value of 60.65 is 13.5% below this benchmark. Historically, New Advanced Electronics Technologies Co's own Days Payable has ranged from 30.46 to 132.95 over the past decade. While the company's 10-year median is 67.31 vs. the industry median of 70.08, New Advanced Electronics Technologies 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 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. New Advanced Electronics Technologies Co's current Days Payable of 60.65 is 13.5% 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 New Advanced Electronics Technologies 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. New Advanced Electronics Technologies Co's current Days Payable is 60.65, which is 10% below median its own 10-year median of 67.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Advanced Electronics Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, New Advanced Electronics Technologies Co (ROCO:3465) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.14, compared to a current price of NT$29.25 — trading 57.1% below its estimated fair value. The current Days Payable is 60.65, which is 10% below median its 10-year median of 67.31 and 13.5% below the Hardware industry median of 70.08. New Advanced Electronics Technologies Co's overall GF Score™ is 53/100 with 10 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 New Advanced Electronics Technologies Co (ROCO:3465), the current Days Payable is 60.65 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 New Advanced Electronics Technologies Co (ROCO:3465) Overvalued in 2026?

Based on GuruFocus' analysis, New Advanced Electronics Technologies Co stock appears to be undervalued. The current stock price of NT$29.25 is trading 57.1% below its estimated GF Value™ of NT$68.14. GuruFocus considers New Advanced Electronics Technologies Co to be Possible Value Trap.

Key valuation signals for ROCO:3465:

  • Days Payable: 60.65 (10% below median its 10-year median of 67.31)
  • GF Value™: NT$68.14 vs. price of NT$29.25 (57.1% below fair value)
  • GF Score™: 53/100 with 10 warning signs
  • Industry Position: 13.5% below the Hardware median (#1418 of 2440)

No single metric tells the full story. See the ROCO:3465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Advanced Electronics Technologies Co Business Description

Address No. 251, Min-Cyuan 1st Road, Room 1, 19th Floor, Asia Commercial Center, Xinxing District, Kaohsiung City, TWN, 800
New Advanced Electronics Technologies Co Ltd is mainly engaged in the research and development, manufacture and sale of speakers and related products. The Company is an international brand specializing in professional audio solutions, with expertise in acoustics, mechanics, electronics, woodworking and software, providing customers with product design, development and manufacturing solutions. Its product range includes home theatre systems, floorstanding speakers, bookshelf speakers, subwoofers, surround speakers and other related products. Its segments include Taiwan, which generates maximum revenue, China and Vietnam. The Company operates across America, Asia and Europe, with America generating maximum revenue.
53GF Score

Get the complete analysis for ROCO:3465

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

NT$29.25
Price
NT$68.14
GF Value