Shian Yih Electronic Industry Co (ROCO:3531) Days Payable: 73.11 (As of Dec. 2025) — 10% Below Median


ROCO:3531 Shian Yih Electronic Industry Co Ltd ROCO:3531
68 GF Score
Price NT$22.70
GF Value NT$18.32
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Shian Yih Electronic Industry Co Days Payable?

Shian Yih Electronic Industry Co ROCO:3531 68 Days Payable is 73.11 as of Dec. 2025, which is 10% below its 10-year median of 81.01. GuruFocus rates ROCO:3531 with a GF Score™ of 68/100 and a GF Value™ of NT$18.32 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 998 Semiconductors companies, Shian Yih Electronic Industry Co ranks better than 68.24% on this metric.

Shian Yih Electronic Industry Co's average Accounts Payable for the three months ended in Dec. 2025 was NT$184 Mil. Shian Yih Electronic Industry Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$230 Mil. Hence, Shian Yih Electronic Industry Co's Days Payable for the three months ended in Dec. 2025 was 73.11.

The historical rank and industry rank for Shian Yih Electronic Industry Co's Days Payable or its related term are showing as below:

ROCO:3531' s Days Payable Range Over the Past 10 Years
Min: 72.36   Med: 81.01   Max: 87.92
Current: 73.85

During the past 13 years, Shian Yih Electronic Industry Co's highest Days Payable was 87.92. The lowest was 72.36. And the median was 81.01.

ROCO:3531's Days Payable is ranked better than
68.24% of 998 companies
in the Semiconductors industry
Industry Median: 52.98 vs ROCO:3531: 73.85

Shian Yih Electronic Industry Co's Days Payable increased from Dec. 2024 (65.28) to Dec. 2025 (73.11). It may suggest that Shian Yih Electronic Industry Co delayed paying its suppliers.


Shian Yih Electronic Industry Co Days Payable Related Terms


Shian Yih Electronic Industry Co Days Payable Historical Data

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The historical data trend for Shian Yih Electronic Industry 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.

Shian Yih Electronic Industry Co Days Payable Chart

Shian Yih Electronic Industry 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 81.04 72.36 73.85 82.19 80.97

Shian Yih Electronic Industry 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 65.28 78.37 70.72 65.17 73.11

ROCO:3531 vs NVDA, AVGO, MU: Days Payable Comparison

For the Semiconductors subindustry, Shian Yih Electronic Industry 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.


Shian Yih Electronic Industry Co Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shian Yih Electronic Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shian Yih Electronic Industry Co's Days Payable falls into.


ROCO:3531
68GF Score
Shian Yih Electronic Industry Co Ltd ROCO:3531
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shian Yih Electronic Industry 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.

Shian Yih Electronic Industry 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
=( (271.575 + 203.183) / 2 ) / 1070.052*365
=237.379 / 1070.052*365
=80.97

Shian Yih Electronic Industry 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
=( (165.752 + 203.183) / 2 ) / 230.234*365 / 4
=184.4675 / 230.234*365 / 4
=73.11

* 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 73.11 mean?
Shian Yih Electronic Industry Co (ROCO:3531) has a Days Payable of 73.11 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 Shian Yih Electronic Industry Co and its competitors. This is 10% below median its historical median of 81.01. Over the past decade, Shian Yih Electronic Industry Co's Days Payable has ranged from 72.36 to 87.92. According to the industry distribution chart, Shian Yih Electronic Industry Co ranks #317 out of 998 companies in the Semiconductors industry, placing it in the top 31.8%.
Is Shian Yih Electronic Industry Co's Days Payable too high?
Shian Yih Electronic Industry Co's current Days Payable of 73.11 is 10% below median its 10-year median of 81.01. Over the past 10 years, this metric has ranged from a low of 72.36 to a high of 87.92. The Semiconductors industry median Days Payable is 52.98. Shian Yih Electronic Industry Co's value of 73.11 is 38% above this industry median. Based on the distribution chart, Shian Yih Electronic Industry Co ranks #317 out of 998 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shian Yih Electronic Industry Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shian Yih Electronic Industry Co's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shian Yih Electronic Industry Co ranks #317 out of 998 companies for Days Payable. This puts Shian Yih Electronic Industry Co in the upper half of its industry. The industry median Days Payable is 52.98. Shian Yih Electronic Industry Co's value of 73.11 is 38% above this benchmark. Historically, Shian Yih Electronic Industry Co's own Days Payable has ranged from 72.36 to 87.92 over the past decade. While the company's 10-year median is 81.01 vs. the industry median of 52.98, Shian Yih Electronic Industry Co 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 52.98, based on 998 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. Shian Yih Electronic Industry Co's current Days Payable of 73.11 is 38% 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 Shian Yih Electronic Industry Co and its competitors. For the Semiconductors industry, the median Days Payable is 52.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shian Yih Electronic Industry Co's current Days Payable is 73.11, which is 10% below median its own 10-year median of 81.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shian Yih Electronic Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shian Yih Electronic Industry Co (ROCO:3531) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$18.32, compared to a current price of NT$22.70 — trading 23.9% above its estimated fair value. The current Days Payable is 73.11, which is 10% below median its 10-year median of 81.01 and 38% above the Semiconductors industry median of 52.98. Shian Yih Electronic Industry Co's overall GF Score™ is 68/100 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 Shian Yih Electronic Industry Co (ROCO:3531), the current Days Payable is 73.11 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 Shian Yih Electronic Industry Co (ROCO:3531) Overvalued in 2026?

Based on GuruFocus' analysis, Shian Yih Electronic Industry Co stock appears to be overvalued. The current stock price of NT$22.70 is trading 23.9% above its estimated GF Value™ of NT$18.32. GuruFocus considers Shian Yih Electronic Industry Co to be Modestly Overvalued.

Key valuation signals for ROCO:3531:

  • Days Payable: 73.11 (10% below median its 10-year median of 81.01)
  • GF Value™: NT$18.32 vs. price of NT$22.70 (23.9% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 38% above the Semiconductors median (#317 of 998)

No single metric tells the full story. See the ROCO:3531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shian Yih Electronic Industry Co Business Description

Address No. 22, Industry 24th Road, Taichung Industrial Park, Taichung, TWN
Shian Yih Electronic Industry Co Ltd manufactures small to medium-sized LED backlight modules in Taiwan. Its products are applied in liquid crystal displays (LCDs), notebook computers, LCD televisions, digital cameras, personal digital assistants (PDAs), and mobile phones. Its products comprise small to medium-sized LED backlight modules, motorcycle and vehicle LED headlight modules, LED packaging & sales (IR, light emitting diode, PT), mold design and fabrication, and plastic injection molding. The companies reportable segment is the Backlight Module Segment. The back light module segment principally engages in the manufacture and sale of products related to back light modules.
68GF Score

Get the complete analysis for ROCO:3531

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

NT$22.70
Price
NT$18.32
GF Value