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Zen VoceROCO:3581 -6.48%56 Days Payable is 46.06 as of Dec. 2025, which is 27% below its 10-year median of 62.87. GuruFocus rates ROCO:3581 with a GF Score™ of 56/100 and a GF Value™ of NT$38.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 999 Semiconductors companies, Zen Voce ranks better than 53.35% on this metric.
Zen Voce's average Accounts Payable for the
three
months ended in Dec. 2025 was NT$172 Mil. Zen Voce's Cost of Goods Sold for the
three
months ended in Dec. 2025 was NT$340 Mil.
Hence, Zen Voce's Days Payable for the
three
months ended in Dec. 2025 was 46.06.
The historical rank and industry rank for Zen Voce's Days Payable or its related term are showing as below:
ROCO:3581'
s Days Payable Range Over the Past 10 Years
Min: 44.03 Med: 62.87 Max: 83.61
Current: 55.92
During the past 13 years, Zen Voce's highest Days Payable was 83.61. The lowest was 44.03. And the median was 62.87.
ROCO:3581's Days Payable is ranked better than 53.35% of 999
companies
in the Semiconductors industry
Industry Median: 53.06
vs ROCO:3581: 55.92
Zen Voce's Days Payable
declined
from Dec. 2024 (51.55) to Dec. 2025 (46.06).
It may suggest that Zen Voceaccelerated paying its suppliers.
Zen Voce Days Payable Related Terms
Zen Voce Days Payable Historical Data
* Premium members only.
The historical data trend for Zen Voce'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:3581 vs NVDA, AVGO, MU: Days Payable Comparison
For the Semiconductors subindustry, Zen Voce'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.
Zen Voce Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Zen Voce's Days Payable distribution charts can be found below:
* The bar in red indicates where Zen Voce'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.
Zen Voce'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.
Zen Voce (ROCO:3581) has a Days Payable of 46.06 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 Zen Voce and its competitors. This is 27% below median its historical median of 62.87. Over the past decade, Zen Voce's Days Payable has ranged from 44.03 to 83.61. According to the industry distribution chart, Zen Voce ranks #466 out of 999 companies in the Semiconductors industry, placing it in the top 46.6%.
Is Zen Voce's Days Payable too high?
Zen Voce's current Days Payable of 46.06 is 27% below median its 10-year median of 62.87. Over the past 10 years, this metric has ranged from a low of 44.03 to a high of 83.61. The Semiconductors industry median Days Payable is 53.06. Zen Voce's value of 46.06 is 13.2% below this industry median. Based on the distribution chart, Zen Voce ranks #466 out of 999 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Zen Voce has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zen Voce's Days Payable compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Zen Voce ranks #466 out of 999 companies for Days Payable. This puts Zen Voce in the upper half of its industry. The industry median Days Payable is 53.06. Zen Voce's value of 46.06 is 13.2% below this benchmark. Historically, Zen Voce's own Days Payable has ranged from 44.03 to 83.61 over the past decade. While the company's 10-year median is 62.87 vs. the industry median of 53.06, Zen Voce 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Zen Voce's current Days Payable of 46.06 is 13.2% 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 Zen Voce and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zen Voce's current Days Payable is 46.06, which is 27% below median its own 10-year median of 62.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zen Voce stock overvalued right now?
Based on GuruFocus' analysis, Zen Voce (ROCO:3581) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.01, compared to a current price of NT$115.50 — trading 203.9% above its estimated fair value. The current Days Payable is 46.06, which is 27% below median its 10-year median of 62.87 and 13.2% below the Semiconductors industry median of 53.06. Zen Voce's overall GF Score™ is 56/100 with 2 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 Zen Voce (ROCO:3581), the current Days Payable is 46.06 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 Zen Voce (ROCO:3581) Overvalued in 2026?
Based on GuruFocus' analysis, Zen Voce stock appears to be overvalued.
The current stock price of NT$115.50 is trading 203.9% above its estimated GF Value™ of NT$38.01.
GuruFocus considers Zen Voce to be Significantly Overvalued.
Key valuation signals for ROCO:3581:
Days Payable: 46.06 (27% below median its 10-year median of 62.87)
GF Value™: NT$38.01 vs. price of NT$115.50 (203.9% above fair value)
Industry Position: 13.2% below the Semiconductors median (#466 of 999)
No single metric tells the full story. See the ROCO:3581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zen Voce Corp is a Taiwan based company engaged in the business of providing semiconductor, optoelectronics and MEMS and LCD's equipment. It offers equipment products which include IC packaging machine design and manufacture of bumping, wafer cutting machine and cleaning machine design and manufacturing, and board cutting machine and cleaning machine design and manufacturing. The test products provided by the company includes Wafer test probe card PCB design and manufacturing, IC test HIFIX and CHANG KIT design and manufacturing, SOCKET IC design and manufacturing test, Acting IC HANDLER, and Acting SOCKET IC burn-in test.
56GF Score
Get the complete analysis for ROCO:3581
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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