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Ways TechnicalROCO:3508 +0.94%42 Days Payable is 110.00 as of Dec. 2025, which is 10% above its 10-year median of 100.20. GuruFocus rates ROCO:3508 with a GF Score™ of 42/100 and a GF Value™ of NT$23.96 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,554 Chemicals companies, Ways Technical ranks better than 77.93% on this metric.
The historical rank and industry rank for Ways Technical's Days Payable or its related term are showing as below:
ROCO:3508'
s Days Payable Range Over the Past 10 Years
Min: 81.18 Med: 100.2 Max: 184.69
Current: 105.56
During the past 13 years, Ways Technical's highest Days Payable was 184.69. The lowest was 81.18. And the median was 100.20.
ROCO:3508's Days Payable is ranked better than 77.93% of 1554
companies
in the Chemicals industry
Industry Median: 59.565
vs ROCO:3508: 105.56
Ways Technical's Days Payable
increased
from Dec. 2024 (89.28) to Dec. 2025 (110.00).
It may suggest that Ways Technicaldelayed paying its suppliers.
Ways Technical Days Payable Related Terms
Ways Technical Days Payable Historical Data
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The historical data trend for Ways Technical'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:3508 vs LIN, SHW, ECL: Days Payable Comparison
For the Specialty Chemicals subindustry, Ways Technical'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.
Ways Technical Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ways Technical's Days Payable distribution charts can be found below:
* The bar in red indicates where Ways Technical'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.
Ways Technical'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.
Ways Technical (ROCO:3508) has a Days Payable of 110.00 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 Ways Technical and its competitors. This is 10% above median its historical median of 100.20. Over the past decade, Ways Technical's Days Payable has ranged from 81.18 to 184.69. According to the industry distribution chart, Ways Technical ranks #343 out of 1554 companies in the Chemicals industry, placing it in the top 22.1%.
Is Ways Technical's Days Payable too high?
Ways Technical's current Days Payable of 110.00 is 10% above median its 10-year median of 100.20. Over the past 10 years, this metric has ranged from a low of 81.18 to a high of 184.69. The Chemicals industry median Days Payable is 59.57. Ways Technical's value of 110.00 is 84.7% above this industry median. Based on the distribution chart, Ways Technical ranks #343 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ways Technical has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ways Technical's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ways Technical ranks #343 out of 1554 companies for Days Payable. This places Ways Technical in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. Ways Technical's value of 110.00 is 84.7% above this benchmark. Historically, Ways Technical's own Days Payable has ranged from 81.18 to 184.69 over the past decade. While the company's 10-year median is 100.20 vs. the industry median of 59.57, Ways Technical 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. Ways Technical's current Days Payable of 110.00 is 84.7% 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 Ways Technical and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ways Technical's current Days Payable is 110.00, which is 10% above median its own 10-year median of 100.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ways Technical stock overvalued right now?
Based on GuruFocus' analysis, Ways Technical (ROCO:3508) is currently considered Possible Value Trap. The stock's GF Value™ is NT$23.96, compared to a current price of NT$16.15 — trading 32.6% below its estimated fair value. The current Days Payable is 110.00, which is 10% above median its 10-year median of 100.20 and 84.7% above the Chemicals industry median of 59.57. Ways Technical's overall GF Score™ is 42/100 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 Ways Technical (ROCO:3508), the current Days Payable is 110.00 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 Ways Technical (ROCO:3508) Overvalued in 2026?
Based on GuruFocus' analysis, Ways Technical stock appears to be undervalued.
The current stock price of NT$16.15 is trading 32.6% below its estimated GF Value™ of NT$23.96.
GuruFocus considers Ways Technical to be Possible Value Trap.
Key valuation signals for ROCO:3508:
Days Payable: 110.00 (10% above median its 10-year median of 100.20)
GF Value™: NT$23.96 vs. price of NT$16.15 (32.6% below fair value)
Industry Position: 84.7% above the Chemicals median (#343 of 1554)
No single metric tells the full story. See the ROCO:3508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ways Technical Corp main businesses is manufacture of plastic daily necessities, surface treatment, and manufacturing and processing of electronic parts and components. The company's services are Tooling Center, Plastic Center / Metal Center, Surface Treatment Center, Assembly Center, Organic Photovoltaics, Energy Storage Solutions, and Miniature Super-Capacitor(MSC). The Group has two reportable departments: the Taiwan Business Group and the China Business Group, engaging in related businesses. The company generates majority of revenue from Taiwan Business Group.
42GF Score
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