Universal Microwave Technology (ROCO:3491) Days Payable: 55.47 (As of Dec. 2025) — 13% Below Median

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ROCO:3491 Universal Microwave Technology Inc ROCO:3491
71 GF Score
Price NT$1,220.00
GF Value NT$496.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Universal Microwave Technology Days Payable?

Universal Microwave Technology ROCO:3491 -9.96% 71 Days Payable is 55.47 as of Dec. 2025, which is 13% below its 10-year median of 63.63. GuruFocus rates ROCO:3491 with a GF Score™ of 71/100 and a GF Value™ of NT$496.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,442 Hardware companies, Universal Microwave Technology ranks worse than 58.11% on this metric.

Universal Microwave Technology's average Accounts Payable for the three months ended in Dec. 2025 was NT$210 Mil. Universal Microwave Technology's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$346 Mil. Hence, Universal Microwave Technology's Days Payable for the three months ended in Dec. 2025 was 55.47.

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

ROCO:3491' s Days Payable Range Over the Past 10 Years
Min: 51.8   Med: 63.63   Max: 78.74
Current: 60.48

During the past 13 years, Universal Microwave Technology's highest Days Payable was 78.74. The lowest was 51.80. And the median was 63.63.

ROCO:3491's Days Payable is ranked worse than
58.11% of 2442 companies
in the Hardware industry
Industry Median: 69.89 vs ROCO:3491: 60.48

Universal Microwave Technology's Days Payable declined from Dec. 2024 (65.19) to Dec. 2025 (55.47). It may suggest that Universal Microwave Technology accelerated paying its suppliers.


Universal Microwave Technology Days Payable Historical Data

* Premium members only.

The historical data trend for Universal Microwave Technology'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.

Universal Microwave Technology Days Payable Chart

Universal Microwave Technology 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 78.74 68.34 56.88 61.18 70.86

Universal Microwave Technology 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 65.19 62.02 54.63 59.88 55.47

ROCO:3491 vs CSCO, CIEN, MSI: Days Payable Comparison

For the Communication Equipment subindustry, Universal Microwave Technology'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.


Universal Microwave Technology Days Payable vs Hardware Industry

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

* The bar in red indicates where Universal Microwave Technology's Days Payable falls into.


ROCO:3491
71GF Score
Universal Microwave Technology Inc ROCO:3491
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Universal Microwave Technology 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.

Universal Microwave Technology'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
=( (223.93 + 241.366) / 2 ) / 1198.297*365
=232.648 / 1198.297*365
=70.86

Universal Microwave Technology'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
=( (178.966 + 241.366) / 2 ) / 345.755*365 / 4
=210.166 / 345.755*365 / 4
=55.47

* 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 55.47 mean?
Universal Microwave Technology (ROCO:3491) has a Days Payable of 55.47 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 Universal Microwave Technology and its competitors. This is 13% below median its historical median of 63.63. Over the past decade, Universal Microwave Technology's Days Payable has ranged from 51.80 to 78.74. According to the industry distribution chart, Universal Microwave Technology ranks #1419 out of 2442 companies in the Hardware industry, placing it in the top 58.1%.
Is Universal Microwave Technology's Days Payable too high?
Universal Microwave Technology's current Days Payable of 55.47 is 13% below median its 10-year median of 63.63. Over the past 10 years, this metric has ranged from a low of 51.80 to a high of 78.74. The Hardware industry median Days Payable is 69.89. Universal Microwave Technology's value of 55.47 is 20.6% below this industry median. Based on the distribution chart, Universal Microwave Technology ranks #1419 out of 2442 companies in the Hardware industry, which is below the industry midpoint. Overall, Universal Microwave Technology has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Universal Microwave Technology's Days Payable compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Universal Microwave Technology ranks #1419 out of 2442 companies for Days Payable. This places Universal Microwave Technology in the lower half of its industry. The industry median Days Payable is 69.89. Universal Microwave Technology's value of 55.47 is 20.6% below this benchmark. Historically, Universal Microwave Technology's own Days Payable has ranged from 51.80 to 78.74 over the past decade. While the company's 10-year median is 63.63 vs. the industry median of 69.89, Universal Microwave Technology 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 2,442 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. Universal Microwave Technology's current Days Payable of 55.47 is 20.6% 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 Universal Microwave Technology 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. Universal Microwave Technology's current Days Payable is 55.47, which is 13% below median its own 10-year median of 63.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Microwave Technology stock overvalued right now?
Based on GuruFocus' analysis, Universal Microwave Technology (ROCO:3491) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$496.24, compared to a current price of NT$1,220.00 — trading 145.8% above its estimated fair value. The current Days Payable is 55.47, which is 13% below median its 10-year median of 63.63 and 20.6% below the Hardware industry median of 69.89. Universal Microwave Technology's overall GF Score™ is 71/100 with 5 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 Universal Microwave Technology (ROCO:3491), the current Days Payable is 55.47 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 Universal Microwave Technology (ROCO:3491) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Microwave Technology stock appears to be overvalued. The current stock price of NT$1,220.00 is trading 145.8% above its estimated GF Value™ of NT$496.24. GuruFocus considers Universal Microwave Technology to be Significantly Overvalued.

Key valuation signals for ROCO:3491:

  • Days Payable: 55.47 (13% below median its 10-year median of 63.63)
  • GF Value™: NT$496.24 vs. price of NT$1,220.00 (145.8% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 20.6% below the Hardware median (#1419 of 2442)

No single metric tells the full story. See the ROCO:3491 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Microwave Technology Business Description

Address No 1 Gongjian Road, Qidu District, Keelung, TWN, 206
Universal Microwave Technology Inc is engaged in the design, research, development, and manufacturing of Low Earth Orbit satellites and high-frequency microwave communication components. Its segments include Microwave / Millimeter Wave Products, Radio Frequency Products, and Communication Network Engineering Services. It derives the majority of revenue from Microwave / Millimeter Wave Products.
71GF Score

Get the complete analysis for ROCO:3491

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

NT$1,220.00
Price
NT$496.24
GF Value